DE ZITTER: 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 ZITTER
Largest movements
- Cash -€22,650
down €22,650 (-32.8%), from €69,096 to €46,446
mainly Debts after one year (-€20,625) and Net result for the year (-€4,809)
- Tangible fixed assets -€8,982
down €8,982 (-22.7%), from €39,563 to €30,581
of which Land and buildings: -€8,652
- Receivables within one year -€3,787
down €3,787 (-7.3%), from €52,012 to €48,225
of which Trade receivables: -€9,164
- Debts after one year -€20,625
down €20,625 (-72.0%), from €28,637 to €8,013
- Profit (loss) carried forward -€4,809
down €4,809 (-5.2%), from €92,844 to €88,035
- Current portion of long-term debt -€4,330
down €4,330 (-34.1%), from €12,688 to €8,357
- Advances received -€2,626
no longer reported in 2025 (was €2,626)
- Depreciation -€18,087
down €18,087 (-66.8%), from €27,069 to €8,982
- Financial income +€16,604
up €16,604 (+10,904%), from €152 to €16,757
- Financial charges -€12,507
down €12,507 (-82.5%), from €15,166 to €2,659
- Gross operating margin -€1,342
down €1,342 (-20.8%), from -€6,441 to -€7,782
- Other operating charges -€672
down €672 (-27.1%), from €2,480 to €1,808
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 | €171,348 | €137,094 | -€34,254 | -20.0% |
| Fixed assets | 21/28 | €39,588 | €30,606 | -€8,982 | -22.7% |
| Tangible fixed assets | 22/27 | €39,563 | €30,581 | -€8,982 | -22.7% |
| Land and buildings | 22 | €38,839 | €30,186 | -€8,652 | -22.3% |
| Plant, machinery and equipment | 23 | €725 | €395 | -€330 | -45.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €131,760 | €106,488 | -€25,272 | -19.2% |
| Amounts receivable after more than one year | 29 | €10,652 | €10,652 | = | 0.0% |
| Other amounts receivable | 291 | €10,652 | €10,652 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €52,012 | €48,225 | -€3,787 | -7.3% |
| Trade receivables | 40 | €26,346 | €17,181 | -€9,164 | -34.8% |
| Other amounts receivable | 41 | €25,667 | €31,044 | +€5,377 | +21.0% |
| Cash at bank and in hand | 54/58 | €69,096 | €46,446 | -€22,650 | -32.8% |
| Deferred charges and accrued income | 490/1 | - | €1,165 | +€1,165 | |
| Total equity and liabilities | 10/49 | €171,348 | €137,094 | -€34,254 | -20.0% |
| Equity | 10/15 | €123,693 | €118,884 | -€4,809 | -3.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Contributions outside capital | 11 | €6,197 | €6,197 | = | 0.0% |
| Other | 1109/19 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €24,651 | €24,651 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,792 | €22,792 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,844 | €88,035 | -€4,809 | -5.2% |
| Amounts payable | 17/49 | €47,656 | €18,211 | -€29,445 | -61.8% |
| Amounts payable after more than one year | 17 | €28,637 | €8,013 | -€20,625 | -72.0% |
| Financial debts | 170/4 | €28,637 | €8,013 | -€20,625 | -72.0% |
| Amounts payable within one year | 42/48 | €19,019 | €10,198 | -€8,821 | -46.4% |
| Current portion of amounts payable after more than one year | 42 | €12,688 | €8,357 | -€4,330 | -34.1% |
| Trade debts | 44 | €1,358 | €657 | -€702 | -51.7% |
| Suppliers | 440/4 | €1,358 | €657 | -€702 | -51.7% |
| Advances received on contracts in progress | 46 | €2,626 | - | -€2,626 | |
| Taxes, remuneration and social security | 45 | €2,347 | €1,184 | -€1,162 | -49.5% |
| Taxes | 450/3 | €2,347 | €1,184 | -€1,162 | -49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,069 | €8,982 | -€18,087 | -66.8% |
| Other operating charges | 640/8 | €2,480 | €1,808 | -€672 | -27.1% |
| Gross operating margin | 9900 | -€6,441 | -€7,782 | -€1,342 | -20.8% |
| Operating profit (loss) | 9901 | -€35,989 | -€18,572 | +€17,417 | +48.4% |
| Financial income | 75/76B | €152 | €16,757 | +€16,604 | +10,904% |
| Recurring financial income | 75 | €152 | €16,757 | +€16,604 | +10,904% |
| Financial charges | 65/66B | €15,166 | €2,659 | -€12,507 | -82.5% |
| Recurring financial charges | 65 | €15,166 | €2,659 | -€12,507 | -82.5% |
| Profit (loss) for the period before taxes | 9903 | -€51,003 | -€4,474 | +€46,529 | +91.2% |
| Income taxes | 67/77 | €445 | €334 | -€111 | -24.9% |
| Profit (loss) for the period | 9904 | -€51,448 | -€4,809 | +€46,639 | +90.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,448 | -€4,809 | +€46,639 | +90.7% |
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.