RIZ-EXPRESS: 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.
RIZ-EXPRESS
Largest movements
- Cash -€72,172
down €72,172 (-94.0%), from €76,794 to €4,622
mainly Trade debts (-€81,997) and Debts after one year (-€7,105)
- Receivables within one year -€8,329
down €8,329 (-77.7%), from €10,715 to €2,386
- Stocks and contracts -€4,552
down €4,552 (-6.7%), from €67,615 to €63,063
- Trade debts -€81,997
down €81,997 (-90.5%), from €90,608 to €8,611
- Debts after one year -€7,105
no longer reported in 2024 (was €7,105)
- Profit (loss) carried forward +€3,888
up €3,888 (+15.6%), from €24,854 to €28,742
- Other debts -€2,625
no longer reported in 2024 (was €2,625)
- Tax, wage and social debts +€2,219
up €2,219 (+8.6%), from €25,719 to €27,938
of which Remuneration and social security: +€6,637
- Purchases and services +€43,499
up €43,499 (+7.9%), from €548,213 to €591,712
- Turnover +€36,298
up €36,298 (+6.2%), from €583,991 to €620,289
- Staff costs -€13,589
down €13,589 (-42.4%), from €32,075 to €18,486
- Gross operating margin -€7,201
down €7,201 (-20.1%), from €35,778 to €28,577
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,680 | €70,071 | -€85,609 | -55.0% |
| Current assets | 29/58 | €155,680 | €70,071 | -€85,609 | -55.0% |
| Stocks and contracts in progress | 3 | €67,615 | €63,063 | -€4,552 | -6.7% |
| Stocks | 30/36 | €67,615 | €63,063 | -€4,552 | -6.7% |
| Amounts receivable within one year | 40/41 | €10,715 | €2,386 | -€8,329 | -77.7% |
| Other amounts receivable | 41 | €10,715 | €2,386 | -€8,329 | -77.7% |
| Cash at bank and in hand | 54/58 | €76,794 | €4,622 | -€72,172 | -94.0% |
| Deferred charges and accrued income | 490/1 | €556 | - | -€556 | |
| Total equity and liabilities | 10/49 | €155,680 | €70,071 | -€85,609 | -55.0% |
| Equity | 10/15 | €29,623 | €33,511 | +€3,888 | +13.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | - | -€3,000 | |
| Issued capital | 100 | €3,000 | - | -€3,000 | |
| Outside capital | 11 | - | €3,000 | +€3,000 | |
| Other | 1109/19 | - | €3,000 | +€3,000 | |
| Reserves | 13 | €1,769 | €1,769 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,769 | €1,769 | = | 0.0% |
| Legal reserve | 130 | €1,769 | - | -€1,769 | |
| Reserves not available under the articles | 1311 | - | €1,769 | +€1,769 | |
| Profit (loss) carried forward | 14 | €24,854 | €28,742 | +€3,888 | +15.6% |
| Amounts payable | 17/49 | €126,057 | €36,560 | -€89,497 | -71.0% |
| Amounts payable after more than one year | 17 | €7,105 | - | -€7,105 | |
| Financial debts | 170/4 | €7,105 | - | -€7,105 | |
| Amounts payable within one year | 42/48 | €118,952 | €36,560 | -€82,392 | -69.3% |
| Financial debts | 43 | - | €11 | +€11 | |
| Credit institutions | 430/8 | - | €11 | +€11 | |
| Trade debts | 44 | €90,608 | €8,611 | -€81,997 | -90.5% |
| Suppliers | 440/4 | €90,608 | €8,611 | -€81,997 | -90.5% |
| Taxes, remuneration and social security | 45 | €25,719 | €27,938 | +€2,219 | +8.6% |
| Taxes | 450/3 | €15,551 | €11,133 | -€4,418 | -28.4% |
| Remuneration and social security | 454/9 | €10,168 | €16,805 | +€6,637 | +65.3% |
| Other amounts payable | 47/48 | €2,625 | - | -€2,625 | |
| Turnover | 70 | €583,991 | €620,289 | +€36,298 | +6.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €548,213 | €591,712 | +€43,499 | +7.9% |
| Remuneration, social security and pensions | 62 | €32,075 | €18,486 | -€13,589 | -42.4% |
| Other operating charges | 640/8 | €776 | €2,512 | +€1,736 | +223.7% |
| Gross operating margin | 9900 | €35,778 | €28,577 | -€7,201 | -20.1% |
| Operating profit (loss) | 9901 | €2,927 | €7,579 | +€4,652 | +158.9% |
| Financial charges | 65/66B | €8 | €34 | +€26 | +325.0% |
| Recurring financial charges | 65 | €8 | €34 | +€26 | +325.0% |
| Profit (loss) for the period before taxes | 9903 | €2,919 | €7,545 | +€4,626 | +158.5% |
| Income taxes | 67/77 | €666 | €1,972 | +€1,306 | +196.1% |
| Profit (loss) for the period | 9904 | €2,253 | €5,573 | +€3,320 | +147.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,253 | €5,573 | +€3,320 | +147.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.