RZ TEAM SERVICES: 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 TEAM SERVICES
Largest movements
- Cash +€104,001
up €104,001 (+380%), from €27,341 to €131,342
mainly Trade debts (+€84,198) and Tax, wage and social debts (+€54,413)
- Receivables within one year +€22,035
up €22,035 (+17.7%), from €124,324 to €146,359
of which Trade receivables: +€41,539
- Trade debts +€84,198
up €84,198 (+12,170%), from €692 to €84,890
- Tax, wage and social debts +€54,413
up €54,413 (+64.7%), from €84,108 to €138,520
of which Remuneration and social security: +€51,585
- Profit (loss) carried forward -€15,403
down €15,403 (-22.4%), from €68,778 to €53,376
- Staff costs +€230,167
up €230,167 (+75.8%), from €303,715 to €533,882
- Gross operating margin +€210,323
up €210,323 (+67.3%), from €312,390 to €522,712
- Other operating charges -€6,901
down €6,901 (-71.2%), from €9,697 to €2,796
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 | €154,578 | €278,702 | +€124,124 | +80.3% |
| Fixed assets | 21/28 | €1,000 | €1,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €153,578 | €277,702 | +€124,124 | +80.8% |
| Amounts receivable within one year | 40/41 | €124,324 | €146,359 | +€22,035 | +17.7% |
| Trade receivables | 40 | €104,820 | €146,359 | +€41,539 | +39.6% |
| Other amounts receivable | 41 | €19,504 | - | -€19,504 | |
| Cash at bank and in hand | 54/58 | €27,341 | €131,342 | +€104,001 | +380% |
| Deferred charges and accrued income | 490/1 | €1,912 | - | -€1,912 | |
| Total equity and liabilities | 10/49 | €154,578 | €278,702 | +€124,124 | +80.3% |
| Equity | 10/15 | €69,778 | €54,376 | -€15,403 | -22.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,778 | €53,376 | -€15,403 | -22.4% |
| Amounts payable | 17/49 | €84,799 | €224,326 | +€139,527 | +165% |
| Amounts payable within one year | 42/48 | €84,799 | €224,326 | +€139,527 | +165% |
| Trade debts | 44 | €692 | €84,890 | +€84,198 | +12,170% |
| Suppliers | 440/4 | €692 | €84,890 | +€84,198 | +12,170% |
| Taxes, remuneration and social security | 45 | €84,108 | €138,520 | +€54,413 | +64.7% |
| Taxes | 450/3 | €30,525 | €33,352 | +€2,827 | +9.3% |
| Remuneration and social security | 454/9 | €53,583 | €105,168 | +€51,585 | +96.3% |
| Other amounts payable | 47/48 | - | €916 | +€916 | |
| Remuneration, social security and pensions | 62 | €303,715 | €533,882 | +€230,167 | +75.8% |
| Other operating charges | 640/8 | €9,697 | €2,796 | -€6,901 | -71.2% |
| Gross operating margin | 9900 | €312,390 | €522,712 | +€210,323 | +67.3% |
| Operating profit (loss) | 9901 | -€1,022 | -€13,965 | -€12,943 | -1,266% |
| Financial income | 75/76B | €846 | €1,071 | +€225 | +26.5% |
| Recurring financial income | 75 | €846 | €1,071 | +€225 | +26.5% |
| Financial charges | 65/66B | €2,098 | €2,189 | +€91 | +4.3% |
| Recurring financial charges | 65 | €2,098 | €2,189 | +€91 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,274 | -€15,084 | -€12,810 | -563% |
| Income taxes | 67/77 | €1,380 | €319 | -€1,061 | -76.9% |
| Profit (loss) for the period | 9904 | -€3,653 | -€15,403 | -€11,749 | -322% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,653 | -€15,403 | -€11,749 | -322% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.