RECYSTEEL: what changed
Two financial 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.
RECYSTEEL
Largest movements
- Cash -€2,249
down €2,249 (-4.4%), from €51,284 to €49,036
mainly Net result for the year (-€1,774) and Receivables within one year (-€1,115)
- Receivables within one year +€1,115
up €1,115 (+36.5%), from €3,060 to €4,175
- Profit (loss) carried forward -€1,774
down €1,774 (-2.3%), from -€77,157 to -€78,931
- Trade debts +€640
up €640 (+52.2%), from €1,226 to €1,866
- Gross operating margin +€4,715
up €4,715 (+81.4%), from -€5,795 to -€1,079
- Purchases and services +€1,079
new in 2025: €1,079
- Depreciation -€516
no longer reported in 2025 (was €516)
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.
Derived cash bridge
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 | €54,584 | €53,450 | -€1,133 | -2.1% |
| Fixed assets | 21/28 | €240 | €240 | = | 0.0% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €54,344 | €53,211 | -€1,133 | -2.1% |
| Amounts receivable within one year | 40/41 | €3,060 | €4,175 | +€1,115 | +36.5% |
| Other amounts receivable | 41 | €3,060 | €4,175 | +€1,115 | +36.5% |
| Cash at bank and in hand | 54/58 | €51,284 | €49,036 | -€2,249 | -4.4% |
| Total equity and liabilities | 10/49 | €54,584 | €53,450 | -€1,133 | -2.1% |
| Equity | 10/15 | -€49,657 | -€51,431 | -€1,774 | -3.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | €25,000 | = | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Legal reserve | 130 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,157 | -€78,931 | -€1,774 | -2.3% |
| Amounts payable | 17/49 | €104,241 | €104,881 | +€640 | +0.6% |
| Amounts payable within one year | 42/48 | €104,241 | €104,881 | +€640 | +0.6% |
| Trade debts | 44 | €1,226 | €1,866 | +€640 | +52.2% |
| Suppliers | 440/4 | €1,226 | €1,866 | +€640 | +52.2% |
| Other amounts payable | 47/48 | €103,015 | €103,015 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,079 | +€1,079 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €516 | - | -€516 | |
| Other operating charges | 640/8 | €584 | €638 | +€54 | +9.2% |
| Gross operating margin | 9900 | -€5,795 | -€1,079 | +€4,715 | +81.4% |
| Operating profit (loss) | 9901 | -€6,895 | -€1,718 | +€5,178 | +75.1% |
| Financial charges | 65/66B | €56 | €56 | = | 0.0% |
| Recurring financial charges | 65 | €56 | €56 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,951 | -€1,774 | +€5,178 | +74.5% |
| Profit (loss) for the period | 9904 | -€6,951 | -€1,774 | +€5,178 | +74.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,951 | -€1,774 | +€5,178 | +74.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.