RESCON: 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.
RESCON
Largest movements
- Cash -€44,869
down €44,869 (-66.6%), from €67,356 to €22,487
mainly Other debts (-€36,095) and Investment in fixed assets (net) (-€14,497)
- Deferred charges and accrued income +€12,185
new in 2025: €12,185
- Tangible fixed assets +€10,213
up €10,213 (+128%), from €8,004 to €18,218
of which Other tangible fixed assets: +€11,503
- Receivables within one year +€1,837
up €1,837 (+519%), from €354 to €2,191
- Other debts -€36,095
down €36,095 (-31.9%), from €113,164 to €77,069
- Trade debts +€8,386
up €8,386 (+1,094%), from €766 to €9,152
- Profit (loss) carried forward +€7,377
up €7,377 (+19.2%), from -€38,517 to -€31,140
- Gross operating margin -€14,473
down €14,473 (-51.3%), from €28,220 to €13,747
- Taxes +€836
up €836 (+277%), from €302 to €1,138
- Depreciation -€446
down €446 (-9.4%), from €4,730 to €4,284
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 | €75,715 | €55,081 | -€20,634 | -27.3% |
| Fixed assets | 21/28 | €8,004 | €18,218 | +€10,213 | +128% |
| Tangible fixed assets | 22/27 | €8,004 | €18,218 | +€10,213 | +128% |
| Plant, machinery and equipment | 23 | €1,251 | €687 | -€564 | -45.1% |
| Furniture and vehicles | 24 | €3,010 | €2,284 | -€726 | -24.1% |
| Other tangible fixed assets | 26 | €3,744 | €15,247 | +€11,503 | +307% |
| Current assets | 29/58 | €67,711 | €36,863 | -€30,847 | -45.6% |
| Amounts receivable within one year | 40/41 | €354 | €2,191 | +€1,837 | +519% |
| Other amounts receivable | 41 | €354 | €2,191 | +€1,837 | +519% |
| Cash at bank and in hand | 54/58 | €67,356 | €22,487 | -€44,869 | -66.6% |
| Deferred charges and accrued income | 490/1 | - | €12,185 | +€12,185 | |
| Total equity and liabilities | 10/49 | €75,715 | €55,081 | -€20,634 | -27.3% |
| Equity | 10/15 | -€38,517 | -€31,140 | +€7,377 | +19.2% |
| Profit (loss) carried forward | 14 | -€38,517 | -€31,140 | +€7,377 | +19.2% |
| Amounts payable | 17/49 | €114,232 | €86,221 | -€28,011 | -24.5% |
| Amounts payable within one year | 42/48 | €114,232 | €86,221 | -€28,011 | -24.5% |
| Trade debts | 44 | €766 | €9,152 | +€8,386 | +1,094% |
| Suppliers | 440/4 | €766 | €9,152 | +€8,386 | +1,094% |
| Taxes, remuneration and social security | 45 | €302 | €0 | -€302 | -100% |
| Taxes | 450/3 | €302 | €0 | -€302 | -100% |
| Other amounts payable | 47/48 | €113,164 | €77,069 | -€36,095 | -31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,730 | €4,284 | -€446 | -9.4% |
| Other operating charges | 640/8 | €833 | €871 | +€38 | +4.6% |
| Gross operating margin | 9900 | €28,220 | €13,747 | -€14,473 | -51.3% |
| Operating profit (loss) | 9901 | €22,658 | €8,592 | -€14,065 | -62.1% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €45 | €85 | +€40 | +87.3% |
| Recurring financial charges | 65 | €45 | €85 | +€40 | +87.3% |
| Profit (loss) for the period before taxes | 9903 | €22,612 | €8,515 | -€14,097 | -62.3% |
| Income taxes | 67/77 | €302 | €1,138 | +€836 | +277% |
| Profit (loss) for the period | 9904 | €22,310 | €7,377 | -€14,933 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,310 | €7,377 | -€14,933 | -66.9% |
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 14 October 2026 via checked.be.