RESARM ENGINEERING PLASTICS: 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.
RESARM ENGINEERING PLASTICS
Largest movements
- Tangible fixed assets -€91,215
down €91,215 (-6.2%), from €1.5m to €1.4m
- Stocks and contracts -€83,756
down €83,756 (-7.5%), from €1.1m to €1.0m
- Cash +€32,711
up €32,711 (+26.2%), from €124,938 to €157,649
mainly Depreciation (+€179,528) and Net result for the year (+€94,086)
- Trade debts -€186,661
down €186,661 (-64.2%), from €290,646 to €103,985
- Tax, wage and social debts +€49,988
up €49,988 (+38.9%), from €128,522 to €178,510
of which Remuneration and social security: +€43,618
- Reserves +€49,086
up €49,086 (+8.7%), from €562,170 to €611,256
of which Distributable reserves: +€49,086
- Current portion of long-term debt -€45,534
down €45,534 (-20.4%), from €223,588 to €178,055
- Staff costs -€159,906
down €159,906 (-15.2%), from €1.1m to €893,508
- Gross operating margin -€117,373
down €117,373 (-8.4%), from €1.4m to €1.3m
- Depreciation +€21,721
up €21,721 (+13.8%), from €157,808 to €179,528
- Taxes +€14,663
up €14,663 (+71.8%), from €20,422 to €35,085
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 | €3,107,407 | €2,975,162 | -€132,245 | -4.3% |
| Fixed assets | 21/28 | €1,472,410 | €1,380,007 | -€92,403 | -6.3% |
| Tangible fixed assets | 22/27 | €1,471,222 | €1,380,007 | -€91,215 | -6.2% |
| Land and buildings | 22 | €1,286,508 | €1,246,273 | -€40,235 | -3.1% |
| Plant, machinery and equipment | 23 | €114,510 | €79,302 | -€35,208 | -30.7% |
| Furniture and vehicles | 24 | €9,658 | €26,687 | +€17,030 | +176.3% |
| Leasing and similar rights | 25 | €60,547 | €27,745 | -€32,802 | -54.2% |
| Financial fixed assets | 28 | €1,188 | - | -€1,188 | |
| Current assets | 29/58 | €1,634,997 | €1,595,154 | -€39,843 | -2.4% |
| Stocks and contracts in progress | 3 | €1,113,253 | €1,029,497 | -€83,756 | -7.5% |
| Stocks | 30/36 | €1,113,253 | €1,029,497 | -€83,756 | -7.5% |
| Amounts receivable within one year | 40/41 | €379,077 | €385,557 | +€6,480 | +1.7% |
| Trade receivables | 40 | €361,789 | €368,521 | +€6,732 | +1.9% |
| Other amounts receivable | 41 | €17,288 | €17,037 | -€252 | -1.5% |
| Cash at bank and in hand | 54/58 | €124,938 | €157,649 | +€32,711 | +26.2% |
| Deferred charges and accrued income | 490/1 | €17,729 | €22,451 | +€4,722 | +26.6% |
| Total equity and liabilities | 10/49 | €3,107,407 | €2,975,162 | -€132,245 | -4.3% |
| Equity | 10/15 | €943,000 | €1,001,362 | +€58,363 | +6.2% |
| Contributions | 10/11 | €380,830 | €380,830 | = | 0.0% |
| Capital | 10 | €380,830 | €380,830 | = | 0.0% |
| Issued capital | 100 | €380,830 | €380,830 | = | 0.0% |
| Reserves | 13 | €562,170 | €611,256 | +€49,086 | +8.7% |
| Non-distributable reserves | 130/1 | €61,213 | €61,213 | = | 0.0% |
| Legal reserve | 130 | €61,213 | €61,213 | = | 0.0% |
| Distributable reserves | 133 | €500,957 | €550,044 | +€49,086 | +9.8% |
| Investment grants | 15 | - | €9,276 | +€9,276 | |
| Amounts payable | 17/49 | €2,164,407 | €1,973,799 | -€190,608 | -8.8% |
| Amounts payable after more than one year | 17 | €868,759 | €861,052 | -€7,707 | -0.9% |
| Financial debts | 170/4 | €868,759 | €861,052 | -€7,707 | -0.9% |
| Amounts payable within one year | 42/48 | €1,289,602 | €1,107,226 | -€182,376 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €223,588 | €178,055 | -€45,534 | -20.4% |
| Financial debts | 43 | €460,223 | €460,173 | -€51 | 0.0% |
| Credit institutions | 430/8 | €460,223 | €460,173 | -€51 | 0.0% |
| Trade debts | 44 | €290,646 | €103,985 | -€186,661 | -64.2% |
| Suppliers | 440/4 | €290,646 | €103,985 | -€186,661 | -64.2% |
| Taxes, remuneration and social security | 45 | €128,522 | €178,510 | +€49,988 | +38.9% |
| Taxes | 450/3 | €35,293 | €41,662 | +€6,370 | +18.0% |
| Remuneration and social security | 454/9 | €93,229 | €136,847 | +€43,618 | +46.8% |
| Other amounts payable | 47/48 | €186,622 | €186,504 | -€118 | -0.1% |
| Accrued charges and deferred income | 492/3 | €6,047 | €5,521 | -€525 | -8.7% |
| Remuneration, social security and pensions | 62 | €1,053,414 | €893,508 | -€159,906 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157,808 | €179,528 | +€21,721 | +13.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€510 | -€510 | |
| Other operating charges | 640/8 | €10,166 | €13,008 | +€2,843 | +28.0% |
| Gross operating margin | 9900 | €1,391,782 | €1,274,409 | -€117,373 | -8.4% |
| Operating profit (loss) | 9901 | €170,395 | €188,874 | +€18,480 | +10.8% |
| Financial income | 75/76B | €5,499 | €16,287 | +€10,788 | +196.2% |
| Recurring financial income | 75 | €5,499 | €16,287 | +€10,788 | +196.2% |
| Financial charges | 65/66B | €82,582 | €75,990 | -€6,592 | -8.0% |
| Recurring financial charges | 65 | €82,582 | €75,990 | -€6,592 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €93,312 | €129,171 | +€35,859 | +38.4% |
| Income taxes | 67/77 | €20,422 | €35,085 | +€14,663 | +71.8% |
| Profit (loss) for the period | 9904 | €72,890 | €94,086 | +€21,196 | +29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €72,890 | €94,086 | +€21,196 | +29.1% |
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 9 October 2026 via checked.be.