RESCOO: 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.
RESCOO
Largest movements
- Financial fixed assets +€8.4m
up €8.4m (+59.5%), from €14.1m to €22.5m
- Receivables within one year +€866,142
up €866,142 (+1176.6%), from €73,615 to €939,758
of which Other amounts receivable: +€764,116
- Current portion of long-term debt +€10.5m
new in 2025: €10.5m
- Debts after one year -€8.1m
down €8.1m (-45.1%), from €17.9m to €9.8m
of which Financial debts: -€8.1m
- Contributions +€5.3m
up €5.3m (+110.7%), from €4.8m to €10.0m
- Other debts +€2.1m
up €2.1m (+140.8%), from €1.5m to €3.6m
- Profit (loss) carried forward -€1.2m
down €1.2m (-132.9%), from -€933,541 to -€2.2m
- Financial charges +€593,978
up €593,978 (+112.8%), from €526,349 to €1.1m
- Gross operating margin +€211,936
up €211,936, from -€61,142 to €150,794
- Financial income +€81,473
up €81,473 (+116.4%), from €69,998 to €151,471
- Other operating charges +€60,513
up €60,513 (+118.5%), from €51,082 to €111,595
- Turnover +€54,708
up €54,708 (+12.7%), from €432,234 to €486,942
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 | €23,548,831 | €32,614,881 | +€9.1m | +38.5% |
| Formation expenses | 20 | €3,145 | €0 | -€3,145 | -100.0% |
| Fixed assets | 21/28 | €21,301,842 | €29,401,066 | +€8.1m | +38.0% |
| Tangible fixed assets | 22/27 | €7,164,789 | €6,856,533 | -€308,256 | -4.3% |
| Land and buildings | 22 | €7,164,789 | €6,856,533 | -€308,256 | -4.3% |
| Financial fixed assets | 28 | €14,137,053 | €22,544,532 | +€8.4m | +59.5% |
| Current assets | 29/58 | €2,243,844 | €3,213,816 | +€969,972 | +43.2% |
| Amounts receivable after more than one year | 29 | €1,865,000 | €1,865,000 | = | 0.0% |
| Other amounts receivable | 291 | €1,865,000 | €1,865,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €73,615 | €939,758 | +€866,142 | +1176.6% |
| Trade receivables | 40 | €2,083 | €104,110 | +€102,026 | +4897.3% |
| Other amounts receivable | 41 | €71,532 | €835,648 | +€764,116 | +1068.2% |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €41,504 | €49,592 | +€8,088 | +19.5% |
| Deferred charges and accrued income | 490/1 | €63,725 | €159,466 | +€95,741 | +150.2% |
| Total equity and liabilities | 10/49 | €23,548,831 | €32,614,881 | +€9.1m | +38.5% |
| Equity | 10/15 | €3,816,459 | €7,835,402 | +€4.0m | +105.3% |
| Contributions | 10/11 | €4,750,000 | €10,010,000 | +€5.3m | +110.7% |
| Profit (loss) carried forward | 14 | -€933,541 | -€2,174,598 | -€1.2m | -132.9% |
| Amounts payable | 17/49 | €19,732,371 | €24,779,479 | +€5.0m | +25.6% |
| Amounts payable after more than one year | 17 | €17,869,062 | €9,803,596 | -€8.1m | -45.1% |
| Financial debts | 170/4 | €17,667,966 | €9,602,500 | -€8.1m | -45.7% |
| Other amounts payable | 178/9 | €201,096 | €201,096 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,530,104 | €14,133,450 | +€12.6m | +823.7% |
| Current portion of amounts payable after more than one year | 42 | - | €10,452,466 | +€10.5m | |
| Trade debts | 44 | €50,104 | €111,974 | +€61,870 | +123.5% |
| Suppliers | 440/4 | €50,104 | €111,974 | +€61,870 | +123.5% |
| Taxes, remuneration and social security | 45 | - | €4,652 | +€4,652 | |
| Taxes | 450/3 | - | €4,652 | +€4,652 | |
| Other amounts payable | 47/48 | €1,480,000 | €3,564,358 | +€2.1m | +140.8% |
| Accrued charges and deferred income | 492/3 | €333,205 | €842,433 | +€509,228 | +152.8% |
| Turnover | 70 | €432,234 | €486,942 | +€54,708 | +12.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €549,020 | €548,681 | -€339 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €309,066 | €311,400 | +€2,334 | +0.8% |
| Other operating charges | 640/8 | €51,082 | €111,595 | +€60,513 | +118.5% |
| Gross operating margin | 9900 | -€61,142 | €150,794 | +€211,936 | |
| Operating profit (loss) | 9901 | -€421,290 | -€272,201 | +€149,089 | +35.4% |
| Financial income | 75/76B | €69,998 | €151,471 | +€81,473 | +116.4% |
| Recurring financial income | 75 | €69,998 | €151,471 | +€81,473 | +116.4% |
| Financial charges | 65/66B | €526,349 | €1,120,327 | +€593,978 | +112.8% |
| Recurring financial charges | 65 | €526,349 | €1,120,327 | +€593,978 | +112.8% |
| Profit (loss) for the period before taxes | 9903 | -€877,641 | -€1,241,057 | -€363,416 | -41.4% |
| Profit (loss) for the period | 9904 | -€877,641 | -€1,241,057 | -€363,416 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€877,641 | -€1,241,057 | -€363,416 | -41.4% |
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 10 October 2026 via checked.be.