B.E.ZOLA: 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.
B.E.ZOLA
Largest movements
- Cash +€36,621
up €36,621 (+79.8%), from €45,912 to €82,533
mainly Net result for the year (+€32,121) and Tax, wage and social debts (+€26,346)
- Receivables within one year +€17,416
up €17,416 (+5,375%), from €324 to €17,740
of which Other amounts receivable: +€16,116
- Tangible fixed assets -€1,231
down €1,231 (-7.7%), from €15,974 to €14,743
of which Land and buildings: -€2,201
- Profit (loss) carried forward +€29,122
up €29,122 (+72.0%), from €40,436 to €69,558
- Tax, wage and social debts +€26,346
up €26,346 (+266%), from €9,889 to €36,235
of which Taxes: +€26,346
- Other debts -€5,539
down €5,539 (-64.9%), from €8,539 to €3,000
- Trade debts +€1,762
up €1,762 (+120%), from €1,462 to €3,224
- Gross operating margin -€14,959
down €14,959 (-23.3%), from €64,304 to €49,345
- Taxes -€2,051
down €2,051 (-16.0%), from €12,789 to €10,738
- Depreciation +€1,988
up €1,988 (+133%), from €1,494 to €3,482
- Financial charges +€1,037
up €1,037 (+47.3%), from €2,193 to €3,230
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 | €63,326 | €115,016 | +€51,690 | +81.6% |
| Fixed assets | 21/28 | €15,974 | €14,743 | -€1,231 | -7.7% |
| Tangible fixed assets | 22/27 | €15,974 | €14,743 | -€1,231 | -7.7% |
| Land and buildings | 22 | €14,518 | €12,317 | -€2,201 | -15.2% |
| Plant, machinery and equipment | 23 | €638 | €455 | -€183 | -28.7% |
| Furniture and vehicles | 24 | €818 | €1,971 | +€1,153 | +141% |
| Current assets | 29/58 | €47,352 | €100,273 | +€52,921 | +112% |
| Amounts receivable within one year | 40/41 | €324 | €17,740 | +€17,416 | +5,375% |
| Trade receivables | 40 | €97 | €1,398 | +€1,301 | +1,341% |
| Other amounts receivable | 41 | €227 | €16,343 | +€16,116 | +7,100% |
| Cash at bank and in hand | 54/58 | €45,912 | €82,533 | +€36,621 | +79.8% |
| Deferred charges and accrued income | 490/1 | €1,116 | - | -€1,116 | |
| Total equity and liabilities | 10/49 | €63,326 | €115,016 | +€51,690 | +81.6% |
| Equity | 10/15 | €43,436 | €72,558 | +€29,122 | +67.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €3,000 | +€3,000 | |
| Other | 1109/19 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €40,436 | €69,558 | +€29,122 | +72.0% |
| Amounts payable | 17/49 | €19,890 | €42,459 | +€22,569 | +113% |
| Amounts payable within one year | 42/48 | €19,890 | €42,459 | +€22,569 | +113% |
| Trade debts | 44 | €1,462 | €3,224 | +€1,762 | +120% |
| Suppliers | 440/4 | €1,462 | €3,224 | +€1,762 | +120% |
| Taxes, remuneration and social security | 45 | €9,889 | €36,235 | +€26,346 | +266% |
| Taxes | 450/3 | €7,789 | €34,135 | +€26,346 | +338% |
| Remuneration and social security | 454/9 | €2,100 | €2,100 | = | 0.0% |
| Other amounts payable | 47/48 | €8,539 | €3,000 | -€5,539 | -64.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,494 | €3,482 | +€1,988 | +133% |
| Other operating charges | 640/8 | €249 | €227 | -€22 | -8.8% |
| Gross operating margin | 9900 | €64,304 | €49,345 | -€14,959 | -23.3% |
| Operating profit (loss) | 9901 | €62,561 | €45,636 | -€16,925 | -27.1% |
| Financial income | 75/76B | €3 | €453 | +€450 | +14,996% |
| Recurring financial income | 75 | €3 | €453 | +€450 | +14,996% |
| Financial charges | 65/66B | €2,193 | €3,230 | +€1,037 | +47.3% |
| Recurring financial charges | 65 | €2,193 | €3,230 | +€1,037 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | €60,371 | €42,859 | -€17,512 | -29.0% |
| Income taxes | 67/77 | €12,789 | €10,738 | -€2,051 | -16.0% |
| Profit (loss) for the period | 9904 | €47,582 | €32,121 | -€15,461 | -32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,582 | €32,121 | -€15,461 | -32.5% |
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.