DE ZETTEN: 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 ZETTEN
Largest movements
- Cash -€119,383
down €119,383 (-89.5%), from €133,323 to €13,940
mainly Receivables within one year (-€99,951) and Net result for the year (-€19,432)
- Receivables within one year +€99,951
up €99,951 (+338%), from €29,552 to €129,503
- Profit (loss) carried forward -€19,432
down €19,432 (-4.7%), from -€412,125 to -€431,557
- Depreciation -€137,459
no longer reported in 2025 (was €137,459)
- Financial charges +€12,943
up €12,943 (+241%), from €5,370 to €18,313
- Gross operating margin +€219
no longer reported in 2025 (was -€219)
- Other operating charges +€21
up €21 (+1.9%), from €1,098 to €1,119
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 | €162,875 | €143,443 | -€19,432 | -11.9% |
| Current assets | 29/58 | €162,875 | €143,443 | -€19,432 | -11.9% |
| Amounts receivable within one year | 40/41 | €29,552 | €129,503 | +€99,951 | +338% |
| Other amounts receivable | 41 | €29,552 | €129,503 | +€99,951 | +338% |
| Cash at bank and in hand | 54/58 | €133,323 | €13,940 | -€119,383 | -89.5% |
| Total equity and liabilities | 10/49 | €162,875 | €143,443 | -€19,432 | -11.9% |
| Equity | 10/15 | -€187,125 | -€206,557 | -€19,432 | -10.4% |
| Contributions | 10/11 | €225,000 | €225,000 | = | 0.0% |
| Capital | 10 | €225,000 | €225,000 | = | 0.0% |
| Issued capital | 100 | €225,000 | €225,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€412,125 | -€431,557 | -€19,432 | -4.7% |
| Amounts payable | 17/49 | €350,000 | €350,000 | = | 0.0% |
| Amounts payable after more than one year | 17 | €350,000 | €350,000 | = | 0.0% |
| Financial debts | 170/4 | €350,000 | €350,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,459 | - | -€137,459 | |
| Other operating charges | 640/8 | €1,098 | €1,119 | +€21 | +1.9% |
| Gross operating margin | 9900 | -€219 | - | +€219 | |
| Operating profit (loss) | 9901 | -€138,776 | -€1,119 | +€137,657 | +99.2% |
| Financial charges | 65/66B | €5,370 | €18,313 | +€12,943 | +241% |
| Recurring financial charges | 65 | €5,370 | €18,313 | +€12,943 | +241% |
| Profit (loss) for the period before taxes | 9903 | -€144,146 | -€19,432 | +€124,714 | +86.5% |
| Profit (loss) for the period | 9904 | -€144,146 | -€19,432 | +€124,714 | +86.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€144,146 | -€19,432 | +€124,714 | +86.5% |
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 1 November 2026 via checked.be.