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.
REZZAK
Largest movements
- Cash +€56,240
up €56,240 (+244%), from €23,013 to €79,253
mainly Net result for the year (+€31,355) and Tax, wage and social debts (+€23,046)
- Receivables within one year +€7,468
up €7,468 (+7.5%), from €99,018 to €106,486
of which Other amounts receivable: +€13,585
- Tangible fixed assets +€5,100
up €5,100 (+741%), from €689 to €5,789
of which Land and buildings: +€5,433
- Reserves +€31,355
up €31,355 (+43.3%), from €72,350 to €103,705
- Tax, wage and social debts +€23,046
up €23,046 (+72.5%), from €31,794 to €54,840
of which Remuneration and social security: +€14,966
- Trade debts +€12,355
up €12,355 (+364%), from €3,392 to €15,747
- Accrued charges and deferred income +€1,985
new in 2025: €1,985
- Staff costs +€27,114
up €27,114 (+44.2%), from €61,300 to €88,414
- Gross operating margin +€12,817
up €12,817 (+10.9%), from €117,711 to €130,528
- Other operating charges -€6,071
down €6,071 (-88.8%), from €6,834 to €763
- Taxes -€2,020
down €2,020 (-18.9%), from €10,664 to €8,644
- Depreciation -€1,707
down €1,707 (-71.4%), from €2,392 to €684
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 | €126,886 | €194,876 | +€67,990 | +53.6% |
| Fixed assets | 21/28 | €1,689 | €6,789 | +€5,100 | +302% |
| Tangible fixed assets | 22/27 | €689 | €5,789 | +€5,100 | +741% |
| Land and buildings | 22 | - | €5,433 | +€5,433 | |
| Plant, machinery and equipment | 23 | €689 | €356 | -€333 | -48.3% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €125,197 | €188,087 | +€62,890 | +50.2% |
| Stocks and contracts in progress | 3 | €1,597 | €1,584 | -€13 | -0.8% |
| Stocks | 30/36 | €1,597 | €1,584 | -€13 | -0.8% |
| Amounts receivable within one year | 40/41 | €99,018 | €106,486 | +€7,468 | +7.5% |
| Trade receivables | 40 | €6,636 | €519 | -€6,117 | -92.2% |
| Other amounts receivable | 41 | €92,381 | €105,967 | +€13,585 | +14.7% |
| Cash at bank and in hand | 54/58 | €23,013 | €79,253 | +€56,240 | +244% |
| Deferred charges and accrued income | 490/1 | €1,569 | €764 | -€805 | -51.3% |
| Total equity and liabilities | 10/49 | €126,886 | €194,876 | +€67,990 | +53.6% |
| Equity | 10/15 | €90,950 | €122,305 | +€31,355 | +34.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72,350 | €103,705 | +€31,355 | +43.3% |
| Distributable reserves | 133 | €72,350 | €103,705 | +€31,355 | +43.3% |
| Amounts payable | 17/49 | €35,936 | €72,572 | +€36,635 | +102% |
| Amounts payable within one year | 42/48 | €35,936 | €70,587 | +€34,651 | +96.4% |
| Trade debts | 44 | €3,392 | €15,747 | +€12,355 | +364% |
| Suppliers | 440/4 | €3,392 | €15,747 | +€12,355 | +364% |
| Taxes, remuneration and social security | 45 | €31,794 | €54,840 | +€23,046 | +72.5% |
| Taxes | 450/3 | €21,811 | €29,891 | +€8,080 | +37.0% |
| Remuneration and social security | 454/9 | €9,983 | €24,949 | +€14,966 | +150% |
| Other amounts payable | 47/48 | €750 | - | -€750 | |
| Accrued charges and deferred income | 492/3 | - | €1,985 | +€1,985 | |
| Remuneration, social security and pensions | 62 | €61,300 | €88,414 | +€27,114 | +44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,392 | €684 | -€1,707 | -71.4% |
| Other operating charges | 640/8 | €6,834 | €763 | -€6,071 | -88.8% |
| Gross operating margin | 9900 | €117,711 | €130,528 | +€12,817 | +10.9% |
| Operating profit (loss) | 9901 | €47,186 | €40,667 | -€6,518 | -13.8% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €1,327 | €669 | -€658 | -49.6% |
| Recurring financial charges | 65 | €1,327 | €669 | -€658 | -49.6% |
| Profit (loss) for the period before taxes | 9903 | €45,859 | €39,999 | -€5,860 | -12.8% |
| Income taxes | 67/77 | €10,664 | €8,644 | -€2,020 | -18.9% |
| Profit (loss) for the period | 9904 | €35,195 | €31,355 | -€3,840 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,195 | €31,355 | -€3,840 | -10.9% |
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 20 October 2026 via checked.be.