RECYSMET: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
RECYSMET
Largest movements
- Tangible fixed assets +€145,961
up €145,961 (+10.5%), from €1.4m to €1.5m
of which Plant, machinery and equipment: +€170,911
- Receivables within one year -€48,949
down €48,949 (-27.1%), from €180,362 to €131,413
- Cash +€30,614
up €30,614 (+116.4%), from €26,309 to €56,923
mainly Debts after one year (+€158,817) and Net result for the year (+€136,286)
- Other debts -€170,672
down €170,672 (-20.7%), from €825,048 to €654,376
- Debts after one year +€158,817
up €158,817 (+60.3%), from €263,476 to €422,293
- Reserves +€136,286
up €136,286 (+102.2%), from €133,347 to €269,633
of which Distributable reserves: +€136,286
- Trade debts -€26,108
down €26,108 (-46.4%), from €56,297 to €30,190
- Tax, wage and social debts +€21,492
up €21,492 (+57.3%), from €37,496 to €58,988
- Gross operating margin +€137,317
up €137,317 (+103.5%), from €132,709 to €270,025
- Taxes +€32,961
up €32,961 (+95.8%), from €34,422 to €67,383
- Other operating charges +€20,164
up €20,164 (+1664.9%), from €1,211 to €21,376
- Depreciation +€18,323
up €18,323 (+124.4%), from €14,733 to €33,056
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,599,324 | €1,726,964 | +€127,640 | +8.0% |
| Fixed assets | 21/28 | €1,392,309 | €1,538,270 | +€145,961 | +10.5% |
| Tangible fixed assets | 22/27 | €1,392,309 | €1,538,270 | +€145,961 | +10.5% |
| Land and buildings | 22 | €1,171,382 | €1,171,382 | = | 0.0% |
| Plant, machinery and equipment | 23 | €15,906 | €186,817 | +€170,911 | +1074.5% |
| Furniture and vehicles | 24 | €19,329 | €13,379 | -€5,950 | -30.8% |
| Leasing and similar rights | 25 | €185,691 | €166,691 | -€19,000 | -10.2% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €207,015 | €188,695 | -€18,321 | -8.8% |
| Amounts receivable within one year | 40/41 | €180,362 | €131,413 | -€48,949 | -27.1% |
| Trade receivables | 40 | €180,362 | €131,413 | -€48,949 | -27.1% |
| Cash at bank and in hand | 54/58 | €26,309 | €56,923 | +€30,614 | +116.4% |
| Deferred charges and accrued income | 490/1 | €344 | €358 | +€14 | +4.1% |
| Total equity and liabilities | 10/49 | €1,599,324 | €1,726,964 | +€127,640 | +8.0% |
| Equity | 10/15 | €333,347 | €469,633 | +€136,286 | +40.9% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €133,347 | €269,633 | +€136,286 | +102.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €133,347 | €269,633 | +€136,286 | +102.2% |
| Amounts payable | 17/49 | €1,265,977 | €1,257,332 | -€8,646 | -0.7% |
| Amounts payable after more than one year | 17 | €263,476 | €422,293 | +€158,817 | +60.3% |
| Financial debts | 170/4 | €263,476 | €422,293 | +€158,817 | +60.3% |
| Amounts payable within one year | 42/48 | €1,001,534 | €835,038 | -€166,496 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €82,693 | €91,485 | +€8,792 | +10.6% |
| Trade debts | 44 | €56,297 | €30,190 | -€26,108 | -46.4% |
| Suppliers | 440/4 | €56,297 | €30,190 | -€26,108 | -46.4% |
| Taxes, remuneration and social security | 45 | €37,496 | €58,988 | +€21,492 | +57.3% |
| Taxes | 450/3 | €37,496 | €58,988 | +€21,492 | +57.3% |
| Other amounts payable | 47/48 | €825,048 | €654,376 | -€170,672 | -20.7% |
| Accrued charges and deferred income | 492/3 | €968 | €0 | -€968 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,733 | €33,056 | +€18,323 | +124.4% |
| Other operating charges | 640/8 | €1,211 | €21,376 | +€20,164 | +1664.9% |
| Gross operating margin | 9900 | €132,709 | €270,025 | +€137,317 | +103.5% |
| Operating profit (loss) | 9901 | €116,765 | €215,594 | +€98,829 | +84.6% |
| Financial charges | 65/66B | €13,558 | €11,925 | -€1,633 | -12.0% |
| Recurring financial charges | 65 | €13,558 | €11,925 | -€1,633 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €103,207 | €203,669 | +€100,462 | +97.3% |
| Income taxes | 67/77 | €34,422 | €67,383 | +€32,961 | +95.8% |
| Profit (loss) for the period | 9904 | €68,785 | €136,286 | +€67,501 | +98.1% |
| Profit (loss) for the period to be appropriated | 9905 | €68,785 | €136,286 | +€67,501 | +98.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.