REZZA: 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.
REZZA
Largest movements
- Cash -€9,547
down €9,547 (-45.1%), from €21,184 to €11,636
mainly Tax, wage and social debts (-€4,387) and Other debts (-€3,417)
- Receivables within one year +€2,735
up €2,735 (+91.6%), from €2,984 to €5,719
of which Trade receivables: +€2,690
- Tangible fixed assets -€455
down €455 (-26.2%), from €1,733 to €1,279
of which Plant, machinery and equipment: -€311
- Tax, wage and social debts -€4,387
down €4,387 (-34.9%), from €12,571 to €8,184
of which Taxes: -€4,122
- Profit (loss) carried forward +€3,910
up €3,910 (+2.6%), from -€150,398 to -€146,488
- Other debts -€3,417
down €3,417 (-2.3%), from €151,223 to €147,807
- Trade debts -€3,147
down €3,147 (-71.4%), from €4,407 to €1,261
- Gross operating margin +€4,680
up €4,680 (+8.7%), from €53,830 to €58,510
- Staff costs +€3,230
up €3,230 (+7.7%), from €42,037 to €45,267
- Other operating charges +€1,343
up €1,343 (+35.8%), from €3,752 to €5,095
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 | €38,021 | €30,980 | -€7,041 | -18.5% |
| Fixed assets | 21/28 | €1,783 | €1,329 | -€455 | -25.5% |
| Tangible fixed assets | 22/27 | €1,733 | €1,279 | -€455 | -26.2% |
| Plant, machinery and equipment | 23 | €311 | - | -€311 | |
| Furniture and vehicles | 24 | €1,422 | €1,279 | -€143 | -10.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €36,238 | €29,652 | -€6,586 | -18.2% |
| Stocks and contracts in progress | 3 | €10,500 | €10,875 | +€375 | +3.6% |
| Stocks | 30/36 | €10,500 | €10,875 | +€375 | +3.6% |
| Amounts receivable within one year | 40/41 | €2,984 | €5,719 | +€2,735 | +91.6% |
| Trade receivables | 40 | €826 | €3,516 | +€2,690 | +325.9% |
| Other amounts receivable | 41 | €2,159 | €2,203 | +€45 | +2.1% |
| Cash at bank and in hand | 54/58 | €21,184 | €11,636 | -€9,547 | -45.1% |
| Deferred charges and accrued income | 490/1 | €1,569 | €1,420 | -€149 | -9.5% |
| Total equity and liabilities | 10/49 | €38,021 | €30,980 | -€7,041 | -18.5% |
| Equity | 10/15 | -€130,398 | -€126,488 | +€3,910 | +3.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€150,398 | -€146,488 | +€3,910 | +2.6% |
| Amounts payable | 17/49 | €168,419 | €157,469 | -€10,950 | -6.5% |
| Amounts payable within one year | 42/48 | €168,419 | €157,469 | -€10,950 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €218 | €218 | = | 0.0% |
| Trade debts | 44 | €4,407 | €1,261 | -€3,147 | -71.4% |
| Suppliers | 440/4 | €4,407 | €1,261 | -€3,147 | -71.4% |
| Taxes, remuneration and social security | 45 | €12,571 | €8,184 | -€4,387 | -34.9% |
| Taxes | 450/3 | €5,974 | €1,852 | -€4,122 | -69.0% |
| Remuneration and social security | 454/9 | €6,597 | €6,332 | -€265 | -4.0% |
| Other amounts payable | 47/48 | €151,223 | €147,807 | -€3,417 | -2.3% |
| Remuneration, social security and pensions | 62 | €42,037 | €45,267 | +€3,230 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €833 | €455 | -€379 | -45.4% |
| Other operating charges | 640/8 | €3,752 | €5,095 | +€1,343 | +35.8% |
| Non-recurring operating charges | 66A | €118 | - | -€118 | |
| Gross operating margin | 9900 | €53,830 | €58,510 | +€4,680 | +8.7% |
| Operating profit (loss) | 9901 | €7,090 | €7,693 | +€604 | +8.5% |
| Financial income | 75/76B | €58 | €191 | +€133 | +228.5% |
| Recurring financial income | 75 | €58 | €191 | +€133 | +228.5% |
| Financial charges | 65/66B | €3,689 | €3,648 | -€40 | -1.1% |
| Recurring financial charges | 65 | €3,689 | €3,648 | -€40 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €3,459 | €4,236 | +€777 | +22.4% |
| Income taxes | 67/77 | €355 | €326 | -€29 | -8.1% |
| Profit (loss) for the period | 9904 | €3,104 | €3,910 | +€805 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,104 | €3,910 | +€805 | +25.9% |
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.