RESCON: what changed
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
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it 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% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.