RECTICEL financials
RECTICEL
Country: BE Reporting currency: EUR Latest annual report: 2024-12-31
LEI:
549300R8K43AXHYP5M15 Financial statements
(EUR, as reported — unscaled; 127 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | €610.2M | €529.4M |
| Cost of sales | €505.6M | €439.3M |
| Gross profit | €104.5M | €90.1M |
| Other income | €6.4M | €4.7M |
| Operating profit (EBIT) | €11.5M | €12.6M |
| Net finance income / (cost) | €3.4M | -€4.1M |
| Profit before tax | €14.9M | -€1.0M |
| Income tax expense | -€1.5M | €8.0M |
| Profit for the year | €18.0M | €3.2M |
| — attributable to owners | €18.1M | €3.3M |
| — attributable to NCI | -€174.0K | -€145.0K |
| Total comprehensive income | €20.3M | €7.9M |
| Per share | ||
| Basic EPS | €0.32 | €0.06 |
| Free cash flow / share | €-0.05 | €0.50 |
| Cash flow statement | ||
| Net cash from operating activities | €22.1M | €46.9M |
| Income taxes paid | €4.4M | €8.3M |
| Net cash from investing activities | -€55.1M | €418.7M |
| Purchase of PP&E (capex) | €25.1M | €18.5M |
| Purchase of intangibles | €3.4M | €2.7M |
| Net cash from financing activities | -€26.5M | -€339.3M |
| Dividends paid | €17.3M | €17.4M |
| Proceeds from borrowings | €8.7M | €8.0M |
| Repayments of borrowings | €17.7M | €315.0M |
| Lease liability payments | €5.0M | €5.8M |
| Balance sheet | ||
| Total assets | €701.7M | €660.0M |
| Non-current assets | €394.9M | €320.0M |
| Property, plant & equipment | €160.8M | €120.7M |
| Right-of-use assets | €39.9M | €27.8M |
| Intangible assets & goodwill | €76.5M | €62.4M |
| Current assets | €306.8M | €339.9M |
| Inventories | €55.1M | €43.7M |
| Trade & other receivables | €101.9M | €78.1M |
| Cash & equivalents | €132.7M | €191.4M |
| Total equity | €445.1M | €438.0M |
| — attributable to owners | €443.6M | €436.3M |
| Non-controlling interests | €1.5M | €1.7M |
| Non-current liabilities | €112.0M | €90.7M |
| Current liabilities | €144.5M | €131.3M |
| Deferred tax liabilities | €25.4M | €23.1M |
| Derived metrics | ||
| Free cash flow | -€3.0M | €28.4M |
| Operating margin | 1.9% | 2.4% |
| Net margin | 2.9% | 0.6% |
| Return on equity | 4.0% | 0.7% |
| Cash conversion ratio | 1.23× | 14.82× |
| Capex coverage | 0.88× | 2.53× |
| Other reported items | ||
| Adjusted Weighted Average Shares | 56.5M | 56.5M |
| Adjustments For Amortisation Expense | €9.7M | €7.6M |
| Adjustments For Decrease Increase In Inventories | -€311.0K | €12.1M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -€14.8M | -€7.2M |
| Adjustments For Depreciation Expense | €21.0M | €15.7M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Property Plant and Equipment | €394.0K | €293.0K |
| Adjustments For Increase Decrease In Trade and Other Payables | €1.6M | €3.9M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | -€260.0K | -€18.0K |
| Adjustments For Provisions | -€3.6M | -€3.1M |
| Basic Earnings Loss Per Share From Continuing Operations | €0.29 | €-0.16 |
| Basic Earnings Loss Per Share From Discontinued Operations | €0.03 | €0.22 |
| Cash Advances and Loans Made To Other Parties Classified As Investing Activities | €94.0K | €1.2M |
| Cash Flows From Used In Financing Activities Discontinued Operations | €0 | -€6.6M |
| Cash Flows From Used In Investing Activities Discontinued Operations | €0 | -€4.1M |
| Cash Flows From Used In Operating Activities Discontinued Operations | €0 | €10.9M |
| Cash Flows From Used In Operations Before Changes In Working Capital | €40.0M | €35.6M |
| Cash Receipts From Repayment of Advances and Loans Made To Other Parties Classified As Investing Activities | €154.0K | €257.0K |
| Comprehensive Income Attributable To Noncontrolling Interests | -€174.0K | -€145.0K |
| Comprehensive Income Attributable To Owners of Parent | €20.5M | €8.1M |
| Comprehensive Income From Continuing Operations Attributable To Owners of Parent | €18.9M | -€9.9M |
| Comprehensive Income From Discontinued Operations Attributable To Owners of Parent | €1.6M | €18.0M |
| Current Contract Liabilities | €9.6M | €8.0M |
| Current Financial Liabilities | €12.1M | €6.4M |
| Current Tax Assets Current | €4.1M | €3.7M |
| Current Tax Liabilities Current | €1.5M | €1.8M |
| Deferred Tax Assets | €27.4M | €21.6M |
| Diluted Earnings Loss Per Share From Continuing Operations | €0.29 | €-0.16 |
| Diluted Earnings Loss Per Share From Discontinued Operations | €0.03 | €0.22 |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | €31.0K | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | €0.31 | — |
| Dividends Received Classified As Investing Activities | €20.0K | — |
| Dividends Recognised As Distributions To Owners Per Share | €0.31 | — |
| Equity and Liabilities | €701.7M | €660.0M |
| Gains Losses Recognised In Profit Or Loss Fair Value Measurement Assets | €0 | €0 |
| General and Administrative Expense | €43.3M | €35.6M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | €492.0K | -€174.0K |
| Increase Decrease In Cash and Cash Equivalents | -€58.7M | €126.2M |
| Increase Decrease In Working Capital | €13.5M | -€8.8M |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | €0 | €0 |
| Increase Decrease Through Sharebased Payment Transactions | — | €1.1M |
| Increase Decrease Through Transactions With Owners | -€13.2M | -€16.1M |
| Intangible Assets Other Than Goodwill | €76.5M | €70.1M |
| Interest Expense | €1.6M | €7.9M |
| Interest Received Classified As Investing Activities | €285.0K | €413.0K |
| Issued Capital | €141.5M | €140.6M |
| Liabilities Included In Disposal Groups Classified As Held For Sale | €0 | €0 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | €0 | €0 |
| Noncurrent Financial Liabilities | €46.2M | €23.1M |
| Noncurrent Provisions For Employee Benefits | €11.0M | €12.4M |
| Noncurrent Receivables | €13.8M | €17.5M |
| Number of Shares Outstanding | 56.6M | 56.2M |
| Other Adjustments For Noncash Items | €1.3M | €1.1M |
| Other Comprehensive Income | €2.4M | €4.8M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | €0 | €0 |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | €2.0M | -€1.8M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | €839.0K | -€1.0M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation Other Than Translation of Foreign Operations | -€7.0K | -€97.0K |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | €2.0M | €5.7M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | €339.0K | -€954.0K |
| Other Current Payables | €32.2M | €45.0M |
| Other Expense By Function | €20.5M | €11.4M |
| Other Finance Cost | €2.4M | €3.1M |
| Other Finance Income | €3.3M | €2.9M |
| Other Longterm Provisions | €28.5M | €31.1M |
| Other Noncurrent Payables | €972.0K | €982.0K |
| Other Shortterm Provisions | €1.3M | €0 |
| Proceeds From Issuing Shares | €2.9M | €189.0K |
| Proceeds From Sales of Intangible Assets Classified As Investing Activities | €0 | €568.0K |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | €559.0K | €1.2M |
| Profit Loss From Continuing Operations | €16.3M | -€9.0M |
| Profit Loss From Discontinued Operations | €1.6M | €12.2M |
| Reclassification Adjustments On Exchange Differences On Translation Before Tax | €0 | -€7.4M |
| Research and Development Expense | €4.9M | €4.6M |
| Retained Earnings | €162.5M | €161.0M |
| Revenue From Interest | €4.0M | €4.0M |
| Sales and Marketing Expense | €30.4M | €30.4M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | €0 | €0 |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net of Tax | €0 | €0 |
| Share Premium | €135.7M | €133.7M |
| Trade and Other Current Payables To Trade Suppliers | €87.8M | €70.1M |
| Treasury Shares | €1.4M | €1.4M |
| Weighted Average Shares | 56.1M | 55.9M |
Methodology
Every line item above is a fact tagged in RECTICEL's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.