RECYVESDRE: 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.
RECYVESDRE
Largest movements
- Tangible fixed assets -€4,476
down €4,476 (-100.0%), from €4,477 to €1
- Receivables within one year +€1,380
up €1,380 (+272%), from €507 to €1,886
of which Trade receivables: +€1,210
- Cash +€1,062
up €1,062 (+416%), from €255 to €1,317
mainly Other debts (+€8,400) and Depreciation (+€4,476)
- Profit (loss) carried forward -€10,153
down €10,153 (-12.2%), from -€83,527 to -€93,680
- Other debts +€8,400
up €8,400 (+21.0%), from €40,014 to €48,414
- Trade debts -€264
down €264 (-12.1%), from €2,184 to €1,920
- Gross operating margin -€9,407
down €9,407, from €3,984 to -€5,423
- Depreciation -€4,424
down €4,424 (-49.7%), from €8,900 to €4,476
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 | €5,570 | €3,554 | -€2,017 | -36.2% |
| Fixed assets | 21/28 | €4,477 | €1 | -€4,476 | -100.0% |
| Tangible fixed assets | 22/27 | €4,477 | €1 | -€4,476 | -100.0% |
| Land and buildings | 22 | €4,477 | €1 | -€4,476 | -100.0% |
| Current assets | 29/58 | €1,094 | €3,553 | +€2,459 | +225% |
| Amounts receivable within one year | 40/41 | €507 | €1,886 | +€1,380 | +272% |
| Trade receivables | 40 | - | €1,210 | +€1,210 | |
| Other amounts receivable | 41 | €507 | €676 | +€170 | +33.5% |
| Cash at bank and in hand | 54/58 | €255 | €1,317 | +€1,062 | +416% |
| Deferred charges and accrued income | 490/1 | €332 | €349 | +€17 | +5.2% |
| Total equity and liabilities | 10/49 | €5,570 | €3,554 | -€2,017 | -36.2% |
| Equity | 10/15 | -€36,627 | -€46,780 | -€10,153 | -27.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €6,900 | €6,900 | = | 0.0% |
| Distributable reserves | 133 | €6,900 | €6,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,527 | -€93,680 | -€10,153 | -12.2% |
| Amounts payable | 17/49 | €42,197 | €50,333 | +€8,136 | +19.3% |
| Amounts payable within one year | 42/48 | €42,197 | €50,333 | +€8,136 | +19.3% |
| Trade debts | 44 | €2,184 | €1,920 | -€264 | -12.1% |
| Suppliers | 440/4 | €2,184 | €1,920 | -€264 | -12.1% |
| Other amounts payable | 47/48 | €40,014 | €48,414 | +€8,400 | +21.0% |
| Non-recurring operating income | 76A | €6,000 | €0 | -€6,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,900 | €4,476 | -€4,424 | -49.7% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | €3,984 | -€5,423 | -€9,407 | |
| Operating profit (loss) | 9901 | -€4,916 | -€9,899 | -€4,983 | -101% |
| Financial charges | 65/66B | €277 | €254 | -€23 | -8.2% |
| Recurring financial charges | 65 | €277 | €254 | -€23 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,193 | -€10,153 | -€4,960 | -95.5% |
| Profit (loss) for the period | 9904 | -€5,193 | -€10,153 | -€4,960 | -95.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,193 | -€10,153 | -€4,960 | -95.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.