DE ZAKEN: 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.
DE ZAKEN
Largest movements
- Receivables after one year +€53,000
new in 2025: €53,000
- Tangible fixed assets -€3,314
down €3,314 (-39.3%), from €8,431 to €5,117
of which Furniture and vehicles: -€3,042
- Receivables within one year +€2,967
up €2,967 (+6.1%), from €48,985 to €51,952
of which Trade receivables: +€3,220
- Other debts +€65,109
new in 2025: €65,109
- Reserves -€19,088
down €19,088 (-14.9%), from €128,369 to €109,281
- Tax, wage and social debts +€3,621
up €3,621 (+16.5%), from €21,893 to €25,514
of which Remuneration and social security: +€4,093
- Trade debts +€2,302
up €2,302 (+103%), from €2,244 to €4,547
- Gross operating margin -€3,480
down €3,480 (-5.0%), from €70,231 to €66,751
- Financial income +€2,014
up €2,014 (+19,501%), from €10 to €2,025
- Taxes -€960
down €960 (-5.2%), from €18,559 to €17,599
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 | €156,506 | €208,450 | +€51,944 | +33.2% |
| Fixed assets | 21/28 | €8,431 | €5,198 | -€3,233 | -38.3% |
| Tangible fixed assets | 22/27 | €8,431 | €5,117 | -€3,314 | -39.3% |
| Plant, machinery and equipment | 23 | €617 | €345 | -€271 | -44.0% |
| Furniture and vehicles | 24 | €7,814 | €4,772 | -€3,042 | -38.9% |
| Financial fixed assets | 28 | - | €81 | +€81 | |
| Current assets | 29/58 | €148,075 | €203,252 | +€55,177 | +37.3% |
| Amounts receivable after more than one year | 29 | - | €53,000 | +€53,000 | |
| Other amounts receivable | 291 | - | €53,000 | +€53,000 | |
| Amounts receivable within one year | 40/41 | €48,985 | €51,952 | +€2,967 | +6.1% |
| Trade receivables | 40 | €48,732 | €51,952 | +€3,220 | +6.6% |
| Other amounts receivable | 41 | €253 | €0 | -€253 | -100% |
| Cash at bank and in hand | 54/58 | €98,885 | €97,505 | -€1,380 | -1.4% |
| Deferred charges and accrued income | 490/1 | €205 | €795 | +€590 | +288% |
| Total equity and liabilities | 10/49 | €156,506 | €208,450 | +€51,944 | +33.2% |
| Equity | 10/15 | €132,369 | €113,281 | -€19,088 | -14.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €128,369 | €109,281 | -€19,088 | -14.9% |
| Distributable reserves | 133 | €128,369 | €109,281 | -€19,088 | -14.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €24,137 | €95,169 | +€71,032 | +294% |
| Amounts payable within one year | 42/48 | €24,137 | €95,169 | +€71,032 | +294% |
| Trade debts | 44 | €2,244 | €4,547 | +€2,302 | +103% |
| Suppliers | 440/4 | €2,244 | €4,547 | +€2,302 | +103% |
| Taxes, remuneration and social security | 45 | €21,893 | €25,514 | +€3,621 | +16.5% |
| Taxes | 450/3 | €21,893 | €21,420 | -€472 | -2.2% |
| Remuneration and social security | 454/9 | - | €4,093 | +€4,093 | |
| Other amounts payable | 47/48 | - | €65,109 | +€65,109 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,096 | €3,314 | +€217 | +7.0% |
| Other operating charges | 640/8 | €535 | €550 | +€14 | +2.7% |
| Gross operating margin | 9900 | €70,231 | €66,751 | -€3,480 | -5.0% |
| Operating profit (loss) | 9901 | €66,599 | €62,888 | -€3,712 | -5.6% |
| Financial income | 75/76B | €10 | €2,025 | +€2,014 | +19,501% |
| Recurring financial income | 75 | €10 | €2,025 | +€2,014 | +19,501% |
| Financial charges | 65/66B | €1,013 | €1,401 | +€389 | +38.4% |
| Recurring financial charges | 65 | €1,013 | €1,401 | +€389 | +38.4% |
| Profit (loss) for the period before taxes | 9903 | €65,597 | €63,511 | -€2,086 | -3.2% |
| Income taxes | 67/77 | €18,559 | €17,599 | -€960 | -5.2% |
| Profit (loss) for the period | 9904 | €47,038 | €45,912 | -€1,126 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,038 | €45,912 | -€1,126 | -2.4% |
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 16 October 2026 via checked.be.