DE ZUTTER CHRIS BVBA: what changed
Two fiscal 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 ZUTTER CHRIS BVBA
Largest movements
- Cash +€32,775
up €32,775, from €0 to €32,775
mainly Net result for the year (+€23,566) and Debts after one year (+€18,341)
- Tangible fixed assets +€21,123
up €21,123 (+119.8%), from €17,628 to €38,750
of which Furniture and vehicles: +€21,399
- Current investments -€11,952
down €11,952 (-21.5%), from €55,500 to €43,548
- Receivables within one year -€2,133
down €2,133 (-17.9%), from €11,911 to €9,777
of which Trade receivables: -€4,633
- Reserves +€23,566
up €23,566 (+236.0%), from €9,986 to €33,552
of which Distributable reserves: +€23,566
- Debts after one year +€18,341
up €18,341 (+183.4%), from €10,003 to €28,345
- Short-term financial debts -€5,053
down €5,053 (-100.0%), from €5,053 to €0
- Current portion of long-term debt +€3,656
up €3,656 (+69.0%), from €5,295 to €8,951
- Gross operating margin -€2,941
down €2,941 (-5.7%), from €51,859 to €48,918
- Depreciation +€2,300
up €2,300 (+36.6%), from €6,277 to €8,577
- Financial income +€1,808
new in 2025: €1,808
- Financial charges +€1,500
up €1,500 (+80.2%), from €1,871 to €3,371
- Staff costs +€800
new in 2025: €800
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.
Cash bridge derived
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 | €85,822 | €125,265 | +€39,443 | +46.0% |
| Fixed assets | 21/28 | €17,628 | €38,750 | +€21,123 | +119.8% |
| Tangible fixed assets | 22/27 | €17,628 | €38,750 | +€21,123 | +119.8% |
| Land and buildings | 22 | €1,496 | €1,220 | -€276 | -18.5% |
| Furniture and vehicles | 24 | €16,132 | €37,531 | +€21,399 | +132.6% |
| Current assets | 29/58 | €68,194 | €86,514 | +€18,320 | +26.9% |
| Amounts receivable within one year | 40/41 | €11,911 | €9,777 | -€2,133 | -17.9% |
| Trade receivables | 40 | €11,911 | €7,278 | -€4,633 | -38.9% |
| Other amounts receivable | 41 | - | €2,499 | +€2,499 | |
| Current investments | 50/53 | €55,500 | €43,548 | -€11,952 | -21.5% |
| Cash at bank and in hand | 54/58 | €0 | €32,775 | +€32,775 | |
| Deferred charges and accrued income | 490/1 | €784 | €414 | -€370 | -47.2% |
| Total equity and liabilities | 10/49 | €85,822 | €125,265 | +€39,443 | +46.0% |
| Equity | 10/15 | €28,586 | €52,152 | +€23,566 | +82.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,986 | €33,552 | +€23,566 | +236.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €8,126 | €31,692 | +€23,566 | +290.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €57,236 | €73,113 | +€15,877 | +27.7% |
| Amounts payable after more than one year | 17 | €10,003 | €28,345 | +€18,341 | +183.4% |
| Financial debts | 170/4 | €10,003 | €28,345 | +€18,341 | +183.4% |
| Amounts payable within one year | 42/48 | €47,233 | €44,768 | -€2,464 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €5,295 | €8,951 | +€3,656 | +69.0% |
| Financial debts | 43 | €5,053 | €0 | -€5,053 | -100.0% |
| Credit institutions | 430/8 | €5,053 | €0 | -€5,053 | -100.0% |
| Trade debts | 44 | €80 | €61 | -€20 | -24.7% |
| Suppliers | 440/4 | €80 | €61 | -€20 | -24.7% |
| Taxes, remuneration and social security | 45 | €17,703 | €17,098 | -€605 | -3.4% |
| Taxes | 450/3 | €13,484 | €12,228 | -€1,257 | -9.3% |
| Remuneration and social security | 454/9 | €4,219 | €4,870 | +€652 | +15.5% |
| Other amounts payable | 47/48 | €19,102 | €18,659 | -€443 | -2.3% |
| Remuneration, social security and pensions | 62 | - | €800 | +€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,277 | €8,577 | +€2,300 | +36.6% |
| Other operating charges | 640/8 | €1,396 | €1,835 | +€438 | +31.4% |
| Gross operating margin | 9900 | €51,859 | €48,918 | -€2,941 | -5.7% |
| Operating profit (loss) | 9901 | €44,185 | €37,706 | -€6,479 | -14.7% |
| Financial income | 75/76B | - | €1,808 | +€1,808 | |
| Recurring financial income | 75 | - | €1,808 | +€1,808 | |
| Financial charges | 65/66B | €1,871 | €3,371 | +€1,500 | +80.2% |
| Recurring financial charges | 65 | €1,871 | €3,371 | +€1,500 | +80.2% |
| Profit (loss) for the period before taxes | 9903 | €42,315 | €36,144 | -€6,171 | -14.6% |
| Income taxes | 67/77 | €11,836 | €12,578 | +€742 | +6.3% |
| Profit (loss) for the period | 9904 | €30,478 | €23,566 | -€6,912 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,478 | €23,566 | -€6,912 | -22.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.