RZN TECHNICS: 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.
RZN TECHNICS
Largest movements
- Cash -€72,996
down €72,996 (-99.8%), from €73,135 to €139
mainly Other debts (-€140,937) and Debts after one year (-€22,584)
- Tangible fixed assets -€32,691
down €32,691 (-22.7%), from €144,034 to €111,342
of which Leasing and similar rights: -€22,944
- Receivables within one year -€5,996
down €5,996 (-3.7%), from €160,267 to €154,270
of which Other amounts receivable: -€3,111
- Other debts -€140,937
down €140,937 (-93.9%), from €150,127 to €9,189
- Trade debts +€40,160
up €40,160 (+169%), from €23,787 to €63,947
- Debts after one year -€22,584
down €22,584 (-32.2%), from €70,163 to €47,579
- Tax, wage and social debts +€8,498
up €8,498 (+88.8%), from €9,568 to €18,067
of which Taxes: +€10,228
- Staff costs +€62,838
up €62,838 (+57.8%), from €108,657 to €171,494
- Depreciation +€29,980
up €29,980 (+694%), from €4,322 to €34,301
- Gross operating margin -€19,919
down €19,919 (-8.3%), from €240,068 to €220,149
- Financial charges +€3,180
up €3,180 (+56.0%), from €5,676 to €8,856
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.
Derived cash bridge
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 | €377,580 | €267,419 | -€110,161 | -29.2% |
| Fixed assets | 21/28 | €144,034 | €111,342 | -€32,691 | -22.7% |
| Tangible fixed assets | 22/27 | €144,034 | €111,342 | -€32,691 | -22.7% |
| Plant, machinery and equipment | 23 | €1,616 | €2,534 | +€918 | +56.8% |
| Furniture and vehicles | 24 | €29,458 | €18,792 | -€10,666 | -36.2% |
| Leasing and similar rights | 25 | €112,960 | €90,016 | -€22,944 | -20.3% |
| Current assets | 29/58 | €233,546 | €156,076 | -€77,470 | -33.2% |
| Amounts receivable within one year | 40/41 | €160,267 | €154,270 | -€5,996 | -3.7% |
| Trade receivables | 40 | €141,250 | €138,365 | -€2,885 | -2.0% |
| Other amounts receivable | 41 | €19,017 | €15,906 | -€3,111 | -16.4% |
| Cash at bank and in hand | 54/58 | €73,135 | €139 | -€72,996 | -99.8% |
| Deferred charges and accrued income | 490/1 | €144 | €1,667 | +€1,522 | +1,054% |
| Total equity and liabilities | 10/49 | €377,580 | €267,419 | -€110,161 | -29.2% |
| Equity | 10/15 | €102,763 | €106,053 | +€3,290 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,303 | €85,593 | +€3,290 | +4.0% |
| Amounts payable | 17/49 | €274,817 | €161,366 | -€113,451 | -41.3% |
| Amounts payable after more than one year | 17 | €70,163 | €47,579 | -€22,584 | -32.2% |
| Financial debts | 170/4 | €70,163 | €47,579 | -€22,584 | -32.2% |
| Amounts payable within one year | 42/48 | €204,654 | €113,787 | -€90,867 | -44.4% |
| Current portion of amounts payable after more than one year | 42 | €21,173 | €22,584 | +€1,411 | +6.7% |
| Trade debts | 44 | €23,787 | €63,947 | +€40,160 | +169% |
| Suppliers | 440/4 | €23,787 | €63,947 | +€40,160 | +169% |
| Taxes, remuneration and social security | 45 | €9,568 | €18,067 | +€8,498 | +88.8% |
| Taxes | 450/3 | €3,138 | €13,366 | +€10,228 | +326% |
| Remuneration and social security | 454/9 | €6,430 | €4,701 | -€1,729 | -26.9% |
| Other amounts payable | 47/48 | €150,127 | €9,189 | -€140,937 | -93.9% |
| Remuneration, social security and pensions | 62 | €108,657 | €171,494 | +€62,838 | +57.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,322 | €34,301 | +€29,980 | +694% |
| Other operating charges | 640/8 | €3,238 | €2,721 | -€517 | -16.0% |
| Gross operating margin | 9900 | €240,068 | €220,149 | -€19,919 | -8.3% |
| Operating profit (loss) | 9901 | €123,852 | €11,633 | -€112,220 | -90.6% |
| Financial income | 75/76B | €427 | €513 | +€86 | +20.1% |
| Recurring financial income | 75 | €427 | €513 | +€86 | +20.1% |
| Financial charges | 65/66B | €5,676 | €8,856 | +€3,180 | +56.0% |
| Recurring financial charges | 65 | €5,676 | €8,856 | +€3,180 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | €118,604 | €3,290 | -€115,314 | -97.2% |
| Income taxes | 67/77 | €941 | - | -€941 | |
| Profit (loss) for the period | 9904 | €117,663 | €3,290 | -€114,373 | -97.2% |
| Profit (loss) for the period to be appropriated | 9905 | €117,663 | €3,290 | -€114,373 | -97.2% |
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 13 October 2026 via checked.be.