RZ MAKING: 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.
RZ MAKING
Largest movements
- Deferred charges and accrued income +€7,593
new in 2024: €7,593
- Receivables within one year +€6,970
up €6,970 (+9.6%), from €72,373 to €79,343
of which Other amounts receivable: +€16,157
- Cash +€1,099
up €1,099 (+150479.5%), from €1 to €1,099
mainly Trade debts (+€8,690) and Tax, wage and social debts (+€6,319)
- Trade debts +€8,690
up €8,690 (+198.5%), from €4,379 to €13,069
- Tax, wage and social debts +€6,319
up €6,319 (+25.2%), from €25,060 to €31,379
- Reserves +€3,703
up €3,703 (+12.5%), from €29,719 to €33,422
of which Distributable reserves: +€3,703
- Other debts -€3,050
down €3,050 (-60.4%), from €5,050 to €2,000
- Gross operating margin -€17,282
down €17,282 (-47.1%), from €36,719 to €19,436
- Other operating charges +€3,060
up €3,060 (+116.2%), from €2,633 to €5,693
- Taxes -€2,912
down €2,912 (-32.2%), from €9,033 to €6,121
- Financial charges +€420
up €420 (+28.0%), from €1,499 to €1,919
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 | €72,374 | €88,036 | +€15,662 | +21.6% |
| Current assets | 29/58 | €72,374 | €88,036 | +€15,662 | +21.6% |
| Amounts receivable within one year | 40/41 | €72,373 | €79,343 | +€6,970 | +9.6% |
| Trade receivables | 40 | €9,186 | - | -€9,186 | |
| Other amounts receivable | 41 | €63,186 | €79,343 | +€16,157 | +25.6% |
| Cash at bank and in hand | 54/58 | €1 | €1,099 | +€1,099 | +150479.5% |
| Deferred charges and accrued income | 490/1 | - | €7,593 | +€7,593 | |
| Total equity and liabilities | 10/49 | €72,374 | €88,036 | +€15,662 | +21.6% |
| Equity | 10/15 | €37,884 | €41,587 | +€3,703 | +9.8% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €29,719 | €33,422 | +€3,703 | +12.5% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €29,619 | €33,322 | +€3,703 | +12.5% |
| Profit (loss) carried forward | 14 | €166 | €166 | = | 0.0% |
| Amounts payable | 17/49 | €34,489 | €46,448 | +€11,959 | +34.7% |
| Amounts payable within one year | 42/48 | €34,489 | €46,448 | +€11,959 | +34.7% |
| Trade debts | 44 | €4,379 | €13,069 | +€8,690 | +198.5% |
| Suppliers | 440/4 | €4,379 | €13,069 | +€8,690 | +198.5% |
| Taxes, remuneration and social security | 45 | €25,060 | €31,379 | +€6,319 | +25.2% |
| Taxes | 450/3 | €25,060 | €31,379 | +€6,319 | +25.2% |
| Other amounts payable | 47/48 | €5,050 | €2,000 | -€3,050 | -60.4% |
| Other operating charges | 640/8 | €2,633 | €5,693 | +€3,060 | +116.2% |
| Gross operating margin | 9900 | €36,719 | €19,436 | -€17,282 | -47.1% |
| Operating profit (loss) | 9901 | €34,086 | €13,743 | -€20,342 | -59.7% |
| Financial charges | 65/66B | €1,499 | €1,919 | +€420 | +28.0% |
| Recurring financial charges | 65 | €1,499 | €1,919 | +€420 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | €32,587 | €11,824 | -€20,762 | -63.7% |
| Income taxes | 67/77 | €9,033 | €6,121 | -€2,912 | -32.2% |
| Profit (loss) for the period | 9904 | €23,553 | €5,703 | -€17,850 | -75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,553 | €5,703 | -€17,850 | -75.8% |
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 12 October 2026 via checked.be.