REZAN: 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.
REZAN
Largest movements
- Cash +€44,995
up €44,995 (+599%), from €7,506 to €52,501
mainly Trade debts (+€36,675) and Net result for the year (+€13,143)
- Receivables within one year -€9,235
down €9,235 (-90.4%), from €10,210 to €976
- Tangible fixed assets -€7,584
down €7,584 (-21.0%), from €36,061 to €28,477
of which Land and buildings: -€4,122
- Trade debts +€36,675
up €36,675 (+5,062%), from €725 to €37,400
- Tax, wage and social debts -€21,642
down €21,642 (-61.6%), from €35,145 to €13,503
of which Remuneration and social security: -€15,304
- Profit (loss) carried forward +€13,143
up €13,143 (+125%), from €10,508 to €23,651
- Staff costs -€55,044
down €55,044 (-47.5%), from €115,896 to €60,851
- Gross operating margin -€12,438
down €12,438 (-12.2%), from €101,575 to €89,137
- Taxes +€6,093
new in 2025: €6,093
- Depreciation -€2,115
down €2,115 (-21.8%), from €9,699 to €7,584
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 | €58,778 | €86,954 | +€28,176 | +47.9% |
| Fixed assets | 21/28 | €36,061 | €28,477 | -€7,584 | -21.0% |
| Tangible fixed assets | 22/27 | €36,061 | €28,477 | -€7,584 | -21.0% |
| Land and buildings | 22 | €28,851 | €24,729 | -€4,122 | -14.3% |
| Plant, machinery and equipment | 23 | €3,611 | €1,948 | -€1,663 | -46.0% |
| Furniture and vehicles | 24 | €3,600 | €1,800 | -€1,800 | -50.0% |
| Current assets | 29/58 | €22,717 | €58,477 | +€35,760 | +157% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,210 | €976 | -€9,235 | -90.4% |
| Other amounts receivable | 41 | €10,210 | €976 | -€9,235 | -90.4% |
| Cash at bank and in hand | 54/58 | €7,506 | €52,501 | +€44,995 | +599% |
| Total equity and liabilities | 10/49 | €58,778 | €86,954 | +€28,176 | +47.9% |
| Equity | 10/15 | €22,908 | €36,051 | +€13,143 | +57.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,508 | €23,651 | +€13,143 | +125% |
| Amounts payable | 17/49 | €35,870 | €50,903 | +€15,033 | +41.9% |
| Amounts payable within one year | 42/48 | €35,870 | €50,903 | +€15,033 | +41.9% |
| Trade debts | 44 | €725 | €37,400 | +€36,675 | +5,062% |
| Suppliers | 440/4 | €725 | €37,400 | +€36,675 | +5,062% |
| Taxes, remuneration and social security | 45 | €35,145 | €13,503 | -€21,642 | -61.6% |
| Taxes | 450/3 | €13,390 | €7,051 | -€6,338 | -47.3% |
| Remuneration and social security | 454/9 | €21,756 | €6,452 | -€15,304 | -70.3% |
| Remuneration, social security and pensions | 62 | €115,896 | €60,851 | -€55,044 | -47.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,699 | €7,584 | -€2,115 | -21.8% |
| Other operating charges | 640/8 | €572 | €1,247 | +€675 | +118% |
| Gross operating margin | 9900 | €101,575 | €89,137 | -€12,438 | -12.2% |
| Operating profit (loss) | 9901 | -€24,592 | €19,455 | +€44,046 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €339 | €224 | -€115 | -33.9% |
| Recurring financial charges | 65 | €339 | €224 | -€115 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | -€24,930 | €19,236 | +€44,166 | |
| Income taxes | 67/77 | - | €6,093 | +€6,093 | |
| Profit (loss) for the period | 9904 | -€24,930 | €13,143 | +€38,073 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,930 | €13,143 | +€38,073 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.