Er-Rezzak: 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.
Er-Rezzak
Largest movements
- Receivables within one year +€87,807
up €87,807 (+4,325%), from €2,030 to €89,837
of which Other amounts receivable: +€64,868
- Cash +€25,437
up €25,437 (+1,133%), from €2,245 to €27,681
mainly Other debts (+€80,000) and Net result for the year (+€18,086)
- Deferred charges and accrued income +€3,542
new in 2025: €3,542
- Other debts +€80,000
new in 2025: €80,000
- Profit (loss) carried forward +€18,086
up €18,086, from -€4,048 to €14,038
- Trade debts +€13,443
up €13,443 (+405%), from €3,323 to €16,766
- Tax, wage and social debts +€3,635
new in 2025: €3,635
- Accrued charges and deferred income +€1,622
new in 2025: €1,622
- Gross operating margin +€23,305
up €23,305, from -€2,158 to €21,147
- Taxes +€3,635
new in 2025: €3,635
- Financial income +€2,900
new in 2025: €2,900
- Financial charges +€1,779
up €1,779 (+142,288%), from €1 to €1,780
- Depreciation -€1,504
no longer reported in 2025 (was €1,504)
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 | €4,275 | €121,060 | +€116,786 | +2,732% |
| Current assets | 29/58 | €4,275 | €121,060 | +€116,786 | +2,732% |
| Amounts receivable within one year | 40/41 | €2,030 | €89,837 | +€87,807 | +4,325% |
| Trade receivables | 40 | €1,878 | €24,817 | +€22,939 | +1,221% |
| Other amounts receivable | 41 | €152 | €65,020 | +€64,868 | +42,662% |
| Cash at bank and in hand | 54/58 | €2,245 | €27,681 | +€25,437 | +1,133% |
| Deferred charges and accrued income | 490/1 | - | €3,542 | +€3,542 | |
| Total equity and liabilities | 10/49 | €4,275 | €121,060 | +€116,786 | +2,732% |
| Equity | 10/15 | €952 | €19,038 | +€18,086 | +1,900% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,048 | €14,038 | +€18,086 | |
| Amounts payable | 17/49 | €3,323 | €102,022 | +€98,700 | +2,970% |
| Amounts payable within one year | 42/48 | €3,323 | €100,400 | +€97,078 | +2,922% |
| Trade debts | 44 | €3,323 | €16,766 | +€13,443 | +405% |
| Suppliers | 440/4 | €3,323 | €16,766 | +€13,443 | +405% |
| Taxes, remuneration and social security | 45 | - | €3,635 | +€3,635 | |
| Taxes | 450/3 | - | €3,635 | +€3,635 | |
| Other amounts payable | 47/48 | - | €80,000 | +€80,000 | |
| Accrued charges and deferred income | 492/3 | - | €1,622 | +€1,622 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,504 | - | -€1,504 | |
| Other operating charges | 640/8 | €384 | €546 | +€162 | +42.0% |
| Gross operating margin | 9900 | -€2,158 | €21,147 | +€23,305 | |
| Operating profit (loss) | 9901 | -€4,047 | €20,601 | +€24,648 | |
| Financial income | 75/76B | - | €2,900 | +€2,900 | |
| Recurring financial income | 75 | - | €2,900 | +€2,900 | |
| Financial charges | 65/66B | €1 | €1,780 | +€1,779 | +142,288% |
| Recurring financial charges | 65 | €1 | €1,780 | +€1,779 | +142,288% |
| Profit (loss) for the period before taxes | 9903 | -€4,048 | €21,721 | +€25,769 | |
| Income taxes | 67/77 | - | €3,635 | +€3,635 | |
| Profit (loss) for the period | 9904 | -€4,048 | €18,086 | +€22,134 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,048 | €18,086 | +€22,134 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.