CZeng: 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.
CZeng
Largest movements
- Tangible fixed assets -€20,344
down €20,344 (-45.2%), from €44,987 to €24,643
of which Furniture and vehicles: -€17,514
- Receivables within one year +€15,501
up €15,501 (+210.6%), from €7,360 to €22,861
of which Trade receivables: +€13,607
- Deferred charges and accrued income +€1,604
up €1,604 (+88.0%), from €1,823 to €3,428
- Current portion of long-term debt -€9,559
down €9,559 (-100.0%), from €9,559 to €0
- Other debts +€4,693
up €4,693 (+34.2%), from €13,722 to €18,415
- Reserves +€655
up €655 (+2.7%), from €24,559 to €25,214
of which Non-distributable reserves: +€1,860
- Trade debts +€613
up €613 (+51.6%), from €1,188 to €1,802
- Gross operating margin -€885
down €885 (-3.8%), from €23,177 to €22,291
- Other operating charges -€401
down €401 (-50.3%), from €797 to €396
- Taxes -€365
down €365 (-46.5%), from €785 to €420
- Depreciation -€323
down €323 (-1.5%), from €21,122 to €20,799
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.
Cash bridge derived
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 | €56,484 | €52,938 | -€3,546 | -6.3% |
| Fixed assets | 21/28 | €45,766 | €24,967 | -€20,799 | -45.4% |
| Intangible fixed assets | 21 | €779 | €324 | -€455 | -58.4% |
| Tangible fixed assets | 22/27 | €44,987 | €24,643 | -€20,344 | -45.2% |
| Plant, machinery and equipment | 23 | €11,727 | €8,898 | -€2,829 | -24.1% |
| Furniture and vehicles | 24 | €33,259 | €15,745 | -€17,514 | -52.7% |
| Current assets | 29/58 | €10,718 | €27,971 | +€17,253 | +161.0% |
| Amounts receivable within one year | 40/41 | €7,360 | €22,861 | +€15,501 | +210.6% |
| Trade receivables | 40 | €5,645 | €19,252 | +€13,607 | +241.0% |
| Other amounts receivable | 41 | €1,715 | €3,609 | +€1,894 | +110.4% |
| Cash at bank and in hand | 54/58 | €1,535 | €1,683 | +€148 | +9.6% |
| Deferred charges and accrued income | 490/1 | €1,823 | €3,428 | +€1,604 | +88.0% |
| Total equity and liabilities | 10/49 | €56,484 | €52,938 | -€3,546 | -6.3% |
| Equity | 10/15 | €30,759 | €31,414 | +€655 | +2.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,559 | €25,214 | +€655 | +2.7% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €22,699 | €23,354 | +€655 | +2.9% |
| Amounts payable | 17/49 | €25,725 | €21,524 | -€4,201 | -16.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €25,313 | €21,524 | -€3,789 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €9,559 | €0 | -€9,559 | -100.0% |
| Trade debts | 44 | €1,188 | €1,802 | +€613 | +51.6% |
| Suppliers | 440/4 | €1,188 | €1,802 | +€613 | +51.6% |
| Taxes, remuneration and social security | 45 | €844 | €1,307 | +€463 | +54.9% |
| Taxes | 450/3 | €844 | €1,307 | +€463 | +54.9% |
| Other amounts payable | 47/48 | €13,722 | €18,415 | +€4,693 | +34.2% |
| Accrued charges and deferred income | 492/3 | €412 | €0 | -€412 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,122 | €20,799 | -€323 | -1.5% |
| Other operating charges | 640/8 | €797 | €396 | -€401 | -50.3% |
| Gross operating margin | 9900 | €23,177 | €22,291 | -€885 | -3.8% |
| Operating profit (loss) | 9901 | €1,258 | €1,096 | -€161 | -12.8% |
| Financial income | 75/76B | €1 | €43 | +€42 | +3584.7% |
| Recurring financial income | 75 | €1 | €43 | +€42 | +3584.7% |
| Financial charges | 65/66B | €246 | €65 | -€182 | -73.8% |
| Recurring financial charges | 65 | €246 | €65 | -€182 | -73.8% |
| Profit (loss) for the period before taxes | 9903 | €1,013 | €1,075 | +€63 | +6.2% |
| Income taxes | 67/77 | €785 | €420 | -€365 | -46.5% |
| Profit (loss) for the period | 9904 | €228 | €655 | +€428 | +188.0% |
| Profit (loss) for the period to be appropriated | 9905 | €228 | €655 | +€428 | +188.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.