EsZenCiel: 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.
EsZenCiel
Largest movements
- Current investments +€17,261
up €17,261 (+22.8%), from €75,754 to €93,015
- Receivables within one year -€16,572
down €16,572 (-45.7%), from €36,255 to €19,683
of which Trade receivables: -€29,061
- Tangible fixed assets -€1,501
down €1,501 (-19.3%), from €7,770 to €6,269
- Profit (loss) carried forward +€14,601
up €14,601 (+26.2%), from €55,640 to €70,241
- Tax, wage and social debts -€11,402
down €11,402 (-84.9%), from €13,434 to €2,032
of which Taxes: -€9,448
- Current portion of long-term debt -€6,000
down €6,000 (-50.0%), from €12,000 to €6,000
- Trade debts +€1,737
up €1,737 (+42.2%), from €4,117 to €5,854
- Turnover -€99,975
down €99,975 (-44.6%), from €224,208 to €124,233
- Gross operating margin -€71,085
down €71,085 (-50.3%), from €141,202 to €70,118
- Purchases and services -€28,891
down €28,891 (-34.8%), from €83,005 to €54,115
- Staff costs -€20,318
down €20,318 (-61.5%), from €33,044 to €12,726
- Taxes -€9,747
down €9,747 (-62.3%), from €15,650 to €5,903
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,030 | €118,967 | -€1,063 | -0.9% |
| Fixed assets | 21/28 | €7,770 | €6,269 | -€1,501 | -19.3% |
| Tangible fixed assets | 22/27 | €7,770 | €6,269 | -€1,501 | -19.3% |
| Furniture and vehicles | 24 | €7,770 | €6,269 | -€1,501 | -19.3% |
| Current assets | 29/58 | €112,261 | €112,698 | +€438 | +0.4% |
| Amounts receivable within one year | 40/41 | €36,255 | €19,683 | -€16,572 | -45.7% |
| Trade receivables | 40 | €33,566 | €4,505 | -€29,061 | -86.6% |
| Other amounts receivable | 41 | €2,689 | €15,178 | +€12,489 | +464.4% |
| Current investments | 50/53 | €75,754 | €93,015 | +€17,261 | +22.8% |
| Deferred charges and accrued income | 490/1 | €251 | - | -€251 | |
| Total equity and liabilities | 10/49 | €120,030 | €118,967 | -€1,063 | -0.9% |
| Equity | 10/15 | €58,640 | €73,241 | +€14,601 | +24.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,640 | €70,241 | +€14,601 | +26.2% |
| Amounts payable | 17/49 | €61,390 | €45,726 | -€15,665 | -25.5% |
| Amounts payable within one year | 42/48 | €61,390 | €45,726 | -€15,665 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €6,000 | -€6,000 | -50.0% |
| Trade debts | 44 | €4,117 | €5,854 | +€1,737 | +42.2% |
| Suppliers | 440/4 | €4,117 | €5,854 | +€1,737 | +42.2% |
| Taxes, remuneration and social security | 45 | €13,434 | €2,032 | -€11,402 | -84.9% |
| Taxes | 450/3 | €10,836 | €1,388 | -€9,448 | -87.2% |
| Remuneration and social security | 454/9 | €2,598 | €645 | -€1,954 | -75.2% |
| Other amounts payable | 47/48 | €31,839 | €31,839 | = | 0.0% |
| Turnover | 70 | €224,208 | €124,233 | -€99,975 | -44.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €83,005 | €54,115 | -€28,891 | -34.8% |
| Remuneration, social security and pensions | 62 | €33,044 | €12,726 | -€20,318 | -61.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,885 | €4,543 | +€658 | +16.9% |
| Other operating charges | 640/8 | €1,025 | €729 | -€297 | -28.9% |
| Gross operating margin | 9900 | €141,202 | €70,118 | -€71,085 | -50.3% |
| Operating profit (loss) | 9901 | €103,248 | €52,120 | -€51,128 | -49.5% |
| Financial income | 75/76B | €49 | €558 | +€509 | +1037.9% |
| Recurring financial income | 75 | €49 | €558 | +€509 | +1037.9% |
| Financial charges | 65/66B | €168 | €334 | +€166 | +99.1% |
| Recurring financial charges | 65 | €168 | €334 | +€166 | +99.1% |
| Profit (loss) for the period before taxes | 9903 | €103,130 | €52,344 | -€50,786 | -49.2% |
| Income taxes | 67/77 | €15,650 | €5,903 | -€9,747 | -62.3% |
| Profit (loss) for the period | 9904 | €87,479 | €46,441 | -€41,038 | -46.9% |
| Profit (loss) for the period to be appropriated | 9905 | €87,479 | €46,441 | -€41,038 | -46.9% |
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 3 October 2026 via checked.be.