REZUNI: 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.
What changed
REZUNI
NACE 42.220, Construction of utility projects for electricity and telecommunications
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€16,912
2023 · €441,743-€424,831
Equity
€493,336
2023 · €476,425+€16,912
Cash
€16,092
2023 · €47,653-€31,561
Balance sheet total
€3.2m
2023 · €3.0m+€267,507
Largest movements
Assets
- Stocks and contracts +€106,000
up €106,000 (+235.6%), from €45,000 to €151,000
- Deferred charges and accrued income +€84,198
up €84,198 (+1773.1%), from €4,749 to €88,947
- Tangible fixed assets +€69,860
up €69,860 (+8.5%), from €817,642 to €887,502
of which Leasing and similar rights: +€86,219
- Receivables after one year +€66,000
new in 2024: €66,000
Equity and liabilities
- Tax, wage and social debts +€141,269
up €141,269 (+165.7%), from €85,241 to €226,510
of which Remuneration and social security: +€139,254
- Debts after one year +€87,645
up €87,645 (+18.6%), from €471,635 to €559,280
- Short-term financial debts +€75,345
new in 2024: €75,345
- Trade debts -€55,755
down €55,755 (-3.2%), from €1.8m to €1.7m
Income statement
- Staff costs +€539,885
up €539,885 (+49.2%), from €1.1m to €1.6m
- Gross operating margin +€84,806
up €84,806 (+4.3%), from €2.0m to €2.0m
- Financial charges -€77,149
down €77,149 (-41.2%), from €187,061 to €109,913
- Depreciation +€68,350
up €68,350 (+37.6%), from €181,813 to €250,163
- Taxes -€26,015
down €26,015, from €21,616 to -€4,399
From the 2023 result to the 2024 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.
Result 2023
€441,743
Gross operating margin
+€84,806
Staff costs
-€539,885
Depreciation
-€68,350
Other operating charges
-€8,046
Other operating items
+€1,360
Financial income
+€2,120
Financial charges
+€77,149
Taxes
+€26,015
Result 2024
€16,912
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€131,163
Investment
-€320,023
Financing
+€157,299
Cash 2023
€47,653
From operations (derived)
+€131,163
Net result for the year
+€16,912
Depreciation
+€250,163
Receivables after one year
-€66,000
Stocks and contracts
-€106,000
Receivables within one year
+€26,990
Deferred charges and accrued income
-€84,198
Trade debts
-€55,755
Tax, wage and social debts
+€141,269
Other debts
+€5,470
Accrued charges and deferred income
+€2,312
Investment (derived)
-€320,023
Investment in fixed assets (net)
-€320,023
Financing
+€157,299
Debts after one year
+€87,645
Current portion of long-term debt
-€5,692
Short-term financial debts
+€75,345
Cash 2024
€16,092
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,963,679 | €3,231,186 | +€267,507 | +9.0% |
| Fixed assets | 21/28 | €817,642 | €887,502 | +€69,860 | +8.5% |
| Tangible fixed assets | 22/27 | €817,642 | €887,502 | +€69,860 | +8.5% |
| Land and buildings | 22 | €79,217 | €76,079 | -€3,138 | -4.0% |
| Plant, machinery and equipment | 23 | €46,006 | €43,928 | -€2,078 | -4.5% |
| Furniture and vehicles | 24 | €207,004 | €198,291 | -€8,714 | -4.2% |
| Leasing and similar rights | 25 | €473,265 | €559,485 | +€86,219 | +18.2% |
| Other tangible fixed assets | 26 | €12,150 | €9,720 | -€2,430 | -20.0% |
| Current assets | 29/58 | €2,146,037 | €2,343,684 | +€197,647 | +9.2% |
| Amounts receivable after more than one year | 29 | - | €66,000 | +€66,000 | |
| Other amounts receivable | 291 | - | €66,000 | +€66,000 | |
| Stocks and contracts in progress | 3 | €45,000 | €151,000 | +€106,000 | +235.6% |
| Stocks | 30/36 | €45,000 | €151,000 | +€106,000 | +235.6% |
| Amounts receivable within one year | 40/41 | €2,048,635 | €2,021,645 | -€26,990 | -1.3% |
| Trade receivables | 40 | €1,672,849 | €1,776,770 | +€103,921 | +6.2% |
| Other amounts receivable | 41 | €375,786 | €244,875 | -€130,911 | -34.8% |
| Cash at bank and in hand | 54/58 | €47,653 | €16,092 | -€31,561 | -66.2% |
| Deferred charges and accrued income | 490/1 | €4,749 | €88,947 | +€84,198 | +1773.1% |
| Total equity and liabilities | 10/49 | €2,963,679 | €3,231,186 | +€267,507 | +9.0% |
| Equity | 10/15 | €476,425 | €493,336 | +€16,912 | +3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €186,200 | €186,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €184,340 | €184,340 | = | 0.0% |
| Profit (loss) carried forward | 14 | €271,625 | €288,537 | +€16,912 | +6.2% |
| Amounts payable | 17/49 | €2,487,255 | €2,737,850 | +€250,595 | +10.1% |
| Amounts payable after more than one year | 17 | €471,635 | €559,280 | +€87,645 | +18.6% |
| Financial debts | 170/4 | €471,635 | €559,280 | +€87,645 | +18.6% |
| Amounts payable within one year | 42/48 | €2,015,619 | €2,176,257 | +€160,638 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €161,703 | €156,011 | -€5,692 | -3.5% |
| Financial debts | 43 | - | €75,345 | +€75,345 | |
| Credit institutions | 430/8 | - | €75,345 | +€75,345 | |
| Trade debts | 44 | €1,768,676 | €1,712,922 | -€55,755 | -3.2% |
| Suppliers | 440/4 | €1,768,676 | €1,712,922 | -€55,755 | -3.2% |
| Taxes, remuneration and social security | 45 | €85,241 | €226,510 | +€141,269 | +165.7% |
| Taxes | 450/3 | €24,910 | €26,926 | +€2,015 | +8.1% |
| Remuneration and social security | 454/9 | €60,331 | €199,584 | +€139,254 | +230.8% |
| Other amounts payable | 47/48 | - | €5,470 | +€5,470 | |
| Accrued charges and deferred income | 492/3 | - | €2,312 | +€2,312 | |
| Non-recurring operating income | 76A | €500 | €6,719 | +€6,219 | +1243.8% |
| Remuneration, social security and pensions | 62 | €1,096,529 | €1,636,414 | +€539,885 | +49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181,813 | €250,163 | +€68,350 | +37.6% |
| Other operating charges | 640/8 | €36,707 | €44,752 | +€8,046 | +21.9% |
| Non-recurring operating charges | 66A | €1,360 | - | -€1,360 | |
| Gross operating margin | 9900 | €1,958,279 | €2,043,084 | +€84,806 | +4.3% |
| Operating profit (loss) | 9901 | €641,870 | €111,756 | -€530,115 | -82.6% |
| Financial income | 75/76B | €8,550 | €10,670 | +€2,120 | +24.8% |
| Recurring financial income | 75 | €8,550 | €10,670 | +€2,120 | +24.8% |
| Financial charges | 65/66B | €187,061 | €109,913 | -€77,149 | -41.2% |
| Recurring financial charges | 65 | €187,061 | €109,913 | -€77,149 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €463,359 | €12,513 | -€450,846 | -97.3% |
| Income taxes | 67/77 | €21,616 | -€4,399 | -€26,015 | |
| Profit (loss) for the period | 9904 | €441,743 | €16,912 | -€424,831 | -96.2% |
| Profit (loss) for the period to be appropriated | 9905 | €441,743 | €16,912 | -€424,831 | -96.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.