DE ZAAT: what changed
Two fiscal 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.
DE ZAAT
Largest movements
- Tangible fixed assets -€7,055
down €7,055 (-10.4%), from €68,099 to €61,045
of which Land and buildings: -€6,693
- Cash +€5,881
up €5,881 (+191.0%), from €3,080 to €8,961
mainly Other debts (+€7,306) and Depreciation (+€7,055)
- Other debts +€7,306
up €7,306 (+45.1%), from €16,193 to €23,499
- Profit (loss) carried forward -€6,989
new in 2025: -€6,989
- Tax, wage and social debts -€2,466
down €2,466 (-55.7%), from €4,425 to €1,959
- Gross operating margin -€12,188
down €12,188 (-81.0%), from €15,043 to €2,856
- Taxes -€2,157
down €2,157 (-100.0%), from €2,157 to €0
- Other operating charges +€372
up €372 (+17.0%), from €2,182 to €2,554
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 | €78,542 | €76,413 | -€2,129 | -2.7% |
| Fixed assets | 21/28 | €68,099 | €61,045 | -€7,055 | -10.4% |
| Tangible fixed assets | 22/27 | €68,099 | €61,045 | -€7,055 | -10.4% |
| Land and buildings | 22 | €67,179 | €60,486 | -€6,693 | -10.0% |
| Furniture and vehicles | 24 | €920 | €559 | -€362 | -39.3% |
| Current assets | 29/58 | €10,443 | €15,368 | +€4,926 | +47.2% |
| Amounts receivable within one year | 40/41 | €5,236 | €4,774 | -€462 | -8.8% |
| Trade receivables | 40 | - | €1,523 | +€1,523 | |
| Other amounts receivable | 41 | €5,236 | €3,251 | -€1,984 | -37.9% |
| Cash at bank and in hand | 54/58 | €3,080 | €8,961 | +€5,881 | +191.0% |
| Deferred charges and accrued income | 490/1 | €2,127 | €1,633 | -€494 | -23.2% |
| Total equity and liabilities | 10/49 | €78,542 | €76,413 | -€2,129 | -2.7% |
| Equity | 10/15 | €56,040 | €49,052 | -€6,989 | -12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,440 | €37,440 | = | 0.0% |
| Distributable reserves | 133 | €37,440 | €37,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€6,989 | -€6,989 | |
| Amounts payable | 17/49 | €22,501 | €27,361 | +€4,860 | +21.6% |
| Amounts payable within one year | 42/48 | €22,501 | €27,361 | +€4,860 | +21.6% |
| Trade debts | 44 | €1,883 | €1,904 | +€20 | +1.1% |
| Suppliers | 440/4 | €1,883 | €1,904 | +€20 | +1.1% |
| Taxes, remuneration and social security | 45 | €4,425 | €1,959 | -€2,466 | -55.7% |
| Taxes | 450/3 | €4,425 | €1,959 | -€2,466 | -55.7% |
| Other amounts payable | 47/48 | €16,193 | €23,499 | +€7,306 | +45.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,044 | €7,055 | +€11 | +0.2% |
| Other operating charges | 640/8 | €2,182 | €2,554 | +€372 | +17.0% |
| Gross operating margin | 9900 | €15,043 | €2,856 | -€12,188 | -81.0% |
| Operating profit (loss) | 9901 | €5,818 | -€6,753 | -€12,570 | |
| Financial income | 75/76B | €12 | €3 | -€9 | -77.7% |
| Recurring financial income | 75 | €12 | €3 | -€9 | -77.7% |
| Financial charges | 65/66B | €152 | €239 | +€87 | +57.1% |
| Recurring financial charges | 65 | €152 | €239 | +€87 | +57.1% |
| Profit (loss) for the period before taxes | 9903 | €5,678 | -€6,989 | -€12,666 | |
| Income taxes | 67/77 | €2,157 | €0 | -€2,157 | -100.0% |
| Profit (loss) for the period | 9904 | €3,521 | -€6,989 | -€10,509 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,521 | -€6,989 | -€10,509 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.