DE ZONNEBLOEM: 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 ZONNEBLOEM
Largest movements
- Cash +€17,392
up €17,392 (+61.6%), from €28,254 to €45,646
mainly Trade debts (+€15,503) and Depreciation (+€13,095)
- Tangible fixed assets -€11,658
down €11,658 (-18.4%), from €63,398 to €51,740
of which Plant, machinery and equipment: -€6,675
- Stocks and contracts +€8,093
up €8,093 (+13.2%), from €61,413 to €69,507
- Receivables within one year +€5,134
up €5,134 (+146%), from €3,509 to €8,643
of which Trade receivables: +€5,106
- Trade debts +€15,503
up €15,503 (+160%), from €9,712 to €25,215
- Reserves +€11,322
up €11,322 (+34.7%), from €32,648 to €43,970
of which Distributable reserves: +€13,182
- Other debts -€8,606
down €8,606 (-37.4%), from €23,006 to €14,400
- Tax, wage and social debts +€5,135
up €5,135 (+27.6%), from €18,622 to €23,756
of which Remuneration and social security: +€5,309
- Debts after one year -€3,642
down €3,642 (-6.4%), from €56,620 to €52,979
- Staff costs +€10,651
up €10,651 (+20.2%), from €52,785 to €63,436
- Gross operating margin +€5,984
up €5,984 (+6.6%), from €91,253 to €97,237
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 | €159,208 | €178,920 | +€19,712 | +12.4% |
| Fixed assets | 21/28 | €66,033 | €54,375 | -€11,658 | -17.7% |
| Tangible fixed assets | 22/27 | €63,398 | €51,740 | -€11,658 | -18.4% |
| Land and buildings | 22 | €12,610 | €10,735 | -€1,875 | -14.9% |
| Plant, machinery and equipment | 23 | €47,679 | €41,004 | -€6,675 | -14.0% |
| Furniture and vehicles | 24 | €3,109 | €0 | -€3,109 | -100% |
| Financial fixed assets | 28 | €2,635 | €2,635 | = | 0.0% |
| Current assets | 29/58 | €93,176 | €124,546 | +€31,370 | +33.7% |
| Stocks and contracts in progress | 3 | €61,413 | €69,507 | +€8,093 | +13.2% |
| Stocks | 30/36 | €61,413 | €69,507 | +€8,093 | +13.2% |
| Amounts receivable within one year | 40/41 | €3,509 | €8,643 | +€5,134 | +146% |
| Trade receivables | 40 | €3,508 | €8,615 | +€5,106 | +146% |
| Other amounts receivable | 41 | €0 | €28 | +€28 | +8,775% |
| Cash at bank and in hand | 54/58 | €28,254 | €45,646 | +€17,392 | +61.6% |
| Deferred charges and accrued income | 490/1 | - | €750 | +€750 | |
| Total equity and liabilities | 10/49 | €159,208 | €178,920 | +€19,712 | +12.4% |
| Equity | 10/15 | €51,248 | €62,570 | +€11,322 | +22.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,648 | €43,970 | +€11,322 | +34.7% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €30,788 | €43,970 | +€13,182 | +42.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €107,960 | €116,350 | +€8,390 | +7.8% |
| Amounts payable after more than one year | 17 | €56,620 | €52,979 | -€3,642 | -6.4% |
| Financial debts | 170/4 | €56,620 | €52,979 | -€3,642 | -6.4% |
| Amounts payable within one year | 42/48 | €51,340 | €63,371 | +€12,031 | +23.4% |
| Trade debts | 44 | €9,712 | €25,215 | +€15,503 | +160% |
| Suppliers | 440/4 | €9,712 | €25,215 | +€15,503 | +160% |
| Taxes, remuneration and social security | 45 | €18,622 | €23,756 | +€5,135 | +27.6% |
| Taxes | 450/3 | €8,554 | €8,379 | -€175 | -2.0% |
| Remuneration and social security | 454/9 | €10,068 | €15,377 | +€5,309 | +52.7% |
| Other amounts payable | 47/48 | €23,006 | €14,400 | -€8,606 | -37.4% |
| Remuneration, social security and pensions | 62 | €52,785 | €63,436 | +€10,651 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,085 | €13,095 | +€10 | +0.1% |
| Other operating charges | 640/8 | €2,779 | €3,378 | +€599 | +21.6% |
| Non-recurring operating charges | 66A | €6,635 | €0 | -€6,635 | -100% |
| Gross operating margin | 9900 | €91,253 | €97,237 | +€5,984 | +6.6% |
| Operating profit (loss) | 9901 | €15,970 | €17,329 | +€1,359 | +8.5% |
| Financial income | 75/76B | €1,683 | €1,637 | -€46 | -2.7% |
| Recurring financial income | 75 | €1,683 | €1,637 | -€46 | -2.7% |
| Financial charges | 65/66B | €2,446 | €2,211 | -€235 | -9.6% |
| Recurring financial charges | 65 | €2,446 | €2,211 | -€235 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €15,207 | €16,755 | +€1,548 | +10.2% |
| Income taxes | 67/77 | €5,208 | €5,433 | +€226 | +4.3% |
| Profit (loss) for the period | 9904 | €9,999 | €11,322 | +€1,323 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,999 | €11,322 | +€1,323 | +13.2% |
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 25 October 2026 via checked.be.