REKRI PROJECTS: 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.
REKRI PROJECTS
Largest movements
- Receivables within one year +€444,950
up €444,950 (+913.7%), from €48,698 to €493,648
of which Trade receivables: +€493,648
- Stocks and contracts -€38,051
down €38,051 (-2.8%), from €1.4m to €1.3m
- Other debts +€452,444
up €452,444 (+29.4%), from €1.5m to €2.0m
- Profit (loss) carried forward -€38,137
down €38,137 (-29.5%), from -€129,323 to -€167,461
- Gross operating margin +€50,950
up €50,950, from -€18,260 to €32,690
- Financial charges +€11,985
up €11,985 (+22.7%), from €52,910 to €64,895
of which Financial charges: +€8,785
- Other operating charges -€2,582
down €2,582 (-30.3%), from €8,521 to €5,939
- Financial income -€949
down €949 (-99.3%), from €955 to €6
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 | €1,442,680 | €1,851,576 | +€408,896 | +28.3% |
| Fixed assets | 21/28 | €18,116 | €18,116 | = | 0.0% |
| Financial fixed assets | 28 | €18,116 | €18,116 | = | 0.0% |
| Current assets | 29/58 | €1,424,564 | €1,833,460 | +€408,896 | +28.7% |
| Stocks and contracts in progress | 3 | €1,370,912 | €1,332,861 | -€38,051 | -2.8% |
| Stocks | 30/36 | €1,370,912 | €1,332,861 | -€38,051 | -2.8% |
| Amounts receivable within one year | 40/41 | €48,698 | €493,648 | +€444,950 | +913.7% |
| Trade receivables | 40 | - | €493,648 | +€493,648 | |
| Other amounts receivable | 41 | €48,698 | - | -€48,698 | |
| Cash at bank and in hand | 54/58 | €3,122 | €6,713 | +€3,591 | +115.0% |
| Deferred charges and accrued income | 490/1 | €1,831 | €237 | -€1,594 | -87.1% |
| Total equity and liabilities | 10/49 | €1,442,680 | €1,851,576 | +€408,896 | +28.3% |
| Equity | 10/15 | -€109,323 | -€147,461 | -€38,137 | -34.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€129,323 | -€167,461 | -€38,137 | -29.5% |
| Amounts payable | 17/49 | €1,552,003 | €1,999,036 | +€447,033 | +28.8% |
| Amounts payable within one year | 42/48 | €1,552,003 | €1,999,036 | +€447,033 | +28.8% |
| Trade debts | 44 | €13,137 | €7,726 | -€5,411 | -41.2% |
| Suppliers | 440/4 | €13,137 | €7,726 | -€5,411 | -41.2% |
| Other amounts payable | 47/48 | €1,538,866 | €1,991,310 | +€452,444 | +29.4% |
| Other operating charges | 640/8 | €8,521 | €5,939 | -€2,582 | -30.3% |
| Gross operating margin | 9900 | -€18,260 | €32,690 | +€50,950 | |
| Operating profit (loss) | 9901 | -€26,781 | €26,751 | +€53,532 | |
| Financial income | 75/76B | €955 | €6 | -€949 | -99.3% |
| Recurring financial income | 75 | €955 | €6 | -€949 | -99.3% |
| Financial charges | 65/66B | €52,910 | €64,895 | +€11,985 | +22.7% |
| Recurring financial charges | 65 | €52,910 | €61,695 | +€8,785 | +16.6% |
| Non-recurring financial charges | 66B | - | €3,200 | +€3,200 | |
| Profit (loss) for the period before taxes | 9903 | -€78,736 | -€38,137 | +€40,599 | +51.6% |
| Profit (loss) for the period | 9904 | -€78,736 | -€38,137 | +€40,599 | +51.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€78,736 | -€38,137 | +€40,599 | +51.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.