DE ZEEMEEUW: 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.
What changed
DE ZEEMEEUW
NACE 96.999, Other personal services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€16,020
2024 · €165,478-€181,498
Equity
€404,481
2024 · €420,501-€16,020
Cash
€79
2024 · €2,988-€2,909
Balance sheet total
€635,827
2024 · €660,409-€24,582
Largest movements
Assets
- Receivables within one year +€92,968
up €92,968 (+45.5%), from €204,535 to €297,503
of which Other amounts receivable: +€188,965
- Receivables after one year -€75,734
no longer reported in 2025 (was €75,734)
- Deferred charges and accrued income -€25,315
down €25,315 (-97.9%), from €25,846 to €531
- Tangible fixed assets -€13,592
down €13,592 (-3.9%), from €351,306 to €337,714
of which Land and buildings: -€10,140
Equity and liabilities
- Profit (loss) carried forward -€16,020
new in 2025: -€16,020
- Trade debts +€9,409
up €9,409 (+269%), from €3,504 to €12,913
- Current portion of long-term debt -€8,012
no longer reported in 2025 (was €8,012)
Income statement
- Gross operating margin -€343,504
down €343,504 (-99.3%), from €345,814 to €2,310
- Taxes -€131,997
down €131,997 (-100.0%), from €131,998 to €1
- Financial charges -€54,477
down €54,477 (-92.6%), from €58,805 to €4,328
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.
Result 2024
€165,478
Gross operating margin
-€343,504
Depreciation
+€781
Other operating charges
+€1,116
Financial income
+€4
Financial charges
+€54,477
Taxes
+€131,997
Deferred taxes and other
-€26,369
Result 2025
-€16,020
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€6,652
Investment
-€1,890
Financing
-€7,671
Cash 2024
€2,988
From operations (derived)
+€6,652
Net result for the year
-€16,020
Depreciation
+€15,482
Receivables after one year
+€75,734
Receivables within one year
-€92,968
Deferred charges and accrued income
+€25,315
Trade debts
+€9,409
Tax, wage and social debts
-€2,556
Other debts
-€2,098
Accrued charges and deferred income
-€5,647
Investment (derived)
-€1,890
Investment in fixed assets (net)
-€1,890
Financing
-€7,671
Current portion of long-term debt
-€8,012
Short-term financial debts
+€341
Cash 2025
€79
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €660,409 | €635,827 | -€24,582 | -3.7% |
| Fixed assets | 21/28 | €351,306 | €337,714 | -€13,592 | -3.9% |
| Tangible fixed assets | 22/27 | €351,306 | €337,714 | -€13,592 | -3.9% |
| Land and buildings | 22 | €327,552 | €317,412 | -€10,140 | -3.1% |
| Plant, machinery and equipment | 23 | €8,522 | €8,823 | +€301 | +3.5% |
| Furniture and vehicles | 24 | €15,233 | €11,479 | -€3,753 | -24.6% |
| Current assets | 29/58 | €309,103 | €298,113 | -€10,990 | -3.6% |
| Amounts receivable after more than one year | 29 | €75,734 | - | -€75,734 | |
| Other amounts receivable | 291 | €75,734 | - | -€75,734 | |
| Amounts receivable within one year | 40/41 | €204,535 | €297,503 | +€92,968 | +45.5% |
| Trade receivables | 40 | €102,136 | €6,138 | -€95,998 | -94.0% |
| Other amounts receivable | 41 | €102,399 | €291,365 | +€188,965 | +185% |
| Cash at bank and in hand | 54/58 | €2,988 | €79 | -€2,909 | -97.4% |
| Deferred charges and accrued income | 490/1 | €25,846 | €531 | -€25,315 | -97.9% |
| Total equity and liabilities | 10/49 | €660,409 | €635,827 | -€24,582 | -3.7% |
| Equity | 10/15 | €420,501 | €404,481 | -€16,020 | -3.8% |
| Contributions | 10/11 | €178,483 | €178,483 | = | 0.0% |
| Capital | 10 | €178,483 | €178,483 | = | 0.0% |
| Issued capital | 100 | €178,483 | €178,483 | = | 0.0% |
| Reserves | 13 | €242,017 | €242,017 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,760 | €14,760 | = | 0.0% |
| Legal reserve | 130 | €14,760 | €14,760 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,497 | €1,497 | = | 0.0% |
| Distributable reserves | 133 | €225,761 | €225,761 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€16,020 | -€16,020 | |
| Amounts payable | 17/49 | €239,908 | €231,346 | -€8,563 | -3.6% |
| Amounts payable after more than one year | 17 | €84,125 | €84,125 | = | 0.0% |
| Financial debts | 170/4 | €84,125 | €84,125 | = | 0.0% |
| Amounts payable within one year | 42/48 | €149,953 | €147,037 | -€2,916 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €8,012 | - | -€8,012 | |
| Financial debts | 43 | €1,770 | €2,111 | +€341 | +19.3% |
| Credit institutions | 430/8 | €1,770 | €2,111 | +€341 | +19.3% |
| Trade debts | 44 | €3,504 | €12,913 | +€9,409 | +269% |
| Suppliers | 440/4 | €3,504 | €12,913 | +€9,409 | +269% |
| Taxes, remuneration and social security | 45 | €134,569 | €132,013 | -€2,556 | -1.9% |
| Taxes | 450/3 | €134,569 | €132,013 | -€2,556 | -1.9% |
| Other amounts payable | 47/48 | €2,098 | - | -€2,098 | |
| Accrued charges and deferred income | 492/3 | €5,831 | €184 | -€5,647 | -96.8% |
| Non-recurring operating income | 76A | €314,996 | - | -€314,996 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,263 | €15,482 | -€781 | -4.8% |
| Other operating charges | 640/8 | €2,756 | €1,640 | -€1,116 | -40.5% |
| Gross operating margin | 9900 | €345,814 | €2,310 | -€343,504 | -99.3% |
| Operating profit (loss) | 9901 | €326,796 | -€14,811 | -€341,607 | |
| Financial income | 75/76B | €3,117 | €3,121 | +€4 | +0.1% |
| Recurring financial income | 75 | €3,117 | €3,121 | +€4 | +0.1% |
| Financial charges | 65/66B | €58,805 | €4,328 | -€54,477 | -92.6% |
| Recurring financial charges | 65 | €58,805 | €4,328 | -€54,477 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | €271,107 | -€16,019 | -€287,126 | |
| Transfer from deferred taxes | 780 | €26,369 | - | -€26,369 | |
| Income taxes | 67/77 | €131,998 | €1 | -€131,997 | -100.0% |
| Profit (loss) for the period | 9904 | €165,478 | -€16,020 | -€181,498 | |
| Transfer from tax-exempt reserves | 789 | €105,477 | - | -€105,477 | |
| Profit (loss) for the period to be appropriated | 9905 | €270,955 | -€16,020 | -€286,974 |
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 28 October 2026 via checked.be.