De Zenhoeve: 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 Zenhoeve
Largest movements
- Receivables within one year +€8,172
up €8,172 (+34.1%), from €23,953 to €32,125
of which Other amounts receivable: +€9,753
- Cash -€2,697
down €2,697 (-97.0%), from €2,781 to €85
mainly Receivables within one year (-€8,172) and Trade debts (-€3,599)
- Reserves +€20,589
new in 2025: €20,589
- Profit (loss) carried forward -€14,547
no longer reported in 2025 (was €14,547)
- Trade debts -€3,599
down €3,599 (-69.9%), from €5,149 to €1,551
- Tax, wage and social debts +€3,155
up €3,155 (+52.3%), from €6,038 to €9,194
of which Taxes: +€1,623
- Gross operating margin -€10,465
down €10,465 (-53.6%), from €19,526 to €9,061
- Taxes -€1,986
down €1,986 (-52.5%), from €3,783 to €1,797
- Financial income +€757
up €757 (+122%), from €619 to €1,376
- Financial charges +€710
up €710 (+95.3%), from €746 to €1,456
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 | €26,734 | €32,334 | +€5,599 | +20.9% |
| Current assets | 29/58 | €26,734 | €32,334 | +€5,599 | +20.9% |
| Amounts receivable within one year | 40/41 | €23,953 | €32,125 | +€8,172 | +34.1% |
| Trade receivables | 40 | €3,410 | €1,829 | -€1,581 | -46.4% |
| Other amounts receivable | 41 | €20,543 | €30,296 | +€9,753 | +47.5% |
| Cash at bank and in hand | 54/58 | €2,781 | €85 | -€2,697 | -97.0% |
| Deferred charges and accrued income | 490/1 | - | €124 | +€124 | |
| Total equity and liabilities | 10/49 | €26,734 | €32,334 | +€5,599 | +20.9% |
| Equity | 10/15 | €15,547 | €21,589 | +€6,043 | +38.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €20,589 | +€20,589 | |
| Distributable reserves | 133 | - | €20,589 | +€20,589 | |
| Profit (loss) carried forward | 14 | €14,547 | - | -€14,547 | |
| Amounts payable | 17/49 | €11,188 | €10,745 | -€443 | -4.0% |
| Amounts payable within one year | 42/48 | €11,188 | €10,745 | -€443 | -4.0% |
| Trade debts | 44 | €5,149 | €1,551 | -€3,599 | -69.9% |
| Suppliers | 440/4 | €5,149 | €1,551 | -€3,599 | -69.9% |
| Taxes, remuneration and social security | 45 | €6,038 | €9,194 | +€3,155 | +52.3% |
| Taxes | 450/3 | €4,538 | €6,162 | +€1,623 | +35.8% |
| Remuneration and social security | 454/9 | €1,500 | €3,032 | +€1,532 | +102% |
| Other operating charges | 640/8 | €1,070 | €1,142 | +€71 | +6.7% |
| Gross operating margin | 9900 | €19,526 | €9,061 | -€10,465 | -53.6% |
| Operating profit (loss) | 9901 | €18,456 | €7,919 | -€10,537 | -57.1% |
| Financial income | 75/76B | €619 | €1,376 | +€757 | +122% |
| Recurring financial income | 75 | €619 | €1,376 | +€757 | +122% |
| Financial charges | 65/66B | €746 | €1,456 | +€710 | +95.3% |
| Recurring financial charges | 65 | €746 | €1,456 | +€710 | +95.3% |
| Profit (loss) for the period before taxes | 9903 | €18,330 | €7,839 | -€10,490 | -57.2% |
| Income taxes | 67/77 | €3,783 | €1,797 | -€1,986 | -52.5% |
| Profit (loss) for the period | 9904 | €14,547 | €6,043 | -€8,504 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,547 | €6,043 | -€8,504 | -58.5% |
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 14 October 2026 via checked.be.