RCZ CONSTRUCT: what changed
Two fiscal 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.
RCZ CONSTRUCT
Largest movements
- Receivables within one year +€40,687
up €40,687 (+63.5%), from €64,111 to €104,798
of which Other amounts receivable: +€25,569
- Profit (loss) carried forward +€28,119
up €28,119 (+48.1%), from €58,440 to €86,559
- Trade debts +€6,051
up €6,051 (+856.9%), from €706 to €6,757
- Tax, wage and social debts +€5,218
up €5,218 (+35.7%), from €14,612 to €19,830
of which Remuneration and social security: +€3,420
- Gross operating margin -€22,411
down €22,411 (-38.8%), from €57,802 to €35,392
- Taxes -€4,525
down €4,525 (-38.7%), from €11,682 to €7,157
- Depreciation +€1,815
up €1,815 (+218.4%), from €831 to €2,646
- Financial income +€1,602
up €1,602 (+56.0%), from €2,863 to €4,465
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 | €75,759 | €115,146 | +€39,387 | +52.0% |
| Fixed assets | 21/28 | €8,276 | €7,687 | -€589 | -7.1% |
| Tangible fixed assets | 22/27 | €8,276 | €7,687 | -€589 | -7.1% |
| Plant, machinery and equipment | 23 | €536 | €2,014 | +€1,477 | +275.3% |
| Furniture and vehicles | 24 | €7,739 | €5,673 | -€2,066 | -26.7% |
| Current assets | 29/58 | €67,483 | €107,459 | +€39,976 | +59.2% |
| Amounts receivable within one year | 40/41 | €64,111 | €104,798 | +€40,687 | +63.5% |
| Trade receivables | 40 | - | €15,118 | +€15,118 | |
| Other amounts receivable | 41 | €64,111 | €89,680 | +€25,569 | +39.9% |
| Cash at bank and in hand | 54/58 | €3,226 | €2,516 | -€710 | -22.0% |
| Deferred charges and accrued income | 490/1 | €145 | €144 | -€1 | -0.5% |
| Total equity and liabilities | 10/49 | €75,759 | €115,146 | +€39,387 | +52.0% |
| Equity | 10/15 | €60,440 | €88,559 | +€28,119 | +46.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,440 | €86,559 | +€28,119 | +48.1% |
| Amounts payable | 17/49 | €15,318 | €26,587 | +€11,269 | +73.6% |
| Amounts payable within one year | 42/48 | €15,318 | €26,587 | +€11,269 | +73.6% |
| Trade debts | 44 | €706 | €6,757 | +€6,051 | +856.9% |
| Suppliers | 440/4 | €706 | €6,757 | +€6,051 | +856.9% |
| Taxes, remuneration and social security | 45 | €14,612 | €19,830 | +€5,218 | +35.7% |
| Taxes | 450/3 | €14,612 | €16,410 | +€1,798 | +12.3% |
| Remuneration and social security | 454/9 | - | €3,420 | +€3,420 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €831 | €2,646 | +€1,815 | +218.4% |
| Other operating charges | 640/8 | - | €502 | +€502 | |
| Gross operating margin | 9900 | €57,802 | €35,392 | -€22,411 | -38.8% |
| Operating profit (loss) | 9901 | €56,971 | €32,244 | -€24,727 | -43.4% |
| Financial income | 75/76B | €2,863 | €4,465 | +€1,602 | +56.0% |
| Recurring financial income | 75 | €2,863 | €4,465 | +€1,602 | +56.0% |
| Financial charges | 65/66B | €1,429 | €1,433 | +€4 | +0.3% |
| Recurring financial charges | 65 | €1,429 | €1,433 | +€4 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €58,405 | €35,276 | -€23,129 | -39.6% |
| Income taxes | 67/77 | €11,682 | €7,157 | -€4,525 | -38.7% |
| Profit (loss) for the period | 9904 | €46,723 | €28,119 | -€18,604 | -39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,723 | €28,119 | -€18,604 | -39.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.