LE CROCO ZEN: 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.
LE CROCO ZEN
Largest movements
- Cash +€17,762
up €17,762 (+37.1%), from €47,915 to €65,677
mainly Net result for the year (+€29,959) and Depreciation (+€14,115)
- Tangible fixed assets -€9,390
down €9,390 (-7.5%), from €125,413 to €116,023
of which Plant, machinery and equipment: -€6,719
- Receivables within one year +€2,335
up €2,335 (+47.8%), from €4,881 to €7,216
of which Other amounts receivable: +€2,335
- Reserves +€29,959
up €29,959 (+1,332%), from €2,250 to €32,209
- Other debts -€19,555
down €19,555 (-13.1%), from €148,997 to €129,442
- Gross operating margin -€22,263
down €22,263 (-29.2%), from €76,193 to €53,930
- Taxes +€6,756
up €6,756 (+3,003%), from €225 to €6,981
- Financial charges +€1,206
up €1,206 (+139%), from €869 to €2,075
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 | €179,602 | €189,022 | +€9,420 | +5.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €125,413 | €116,023 | -€9,390 | -7.5% |
| Tangible fixed assets | 22/27 | €125,413 | €116,023 | -€9,390 | -7.5% |
| Land and buildings | 22 | €49,322 | €46,651 | -€2,671 | -5.4% |
| Plant, machinery and equipment | 23 | €76,091 | €69,372 | -€6,719 | -8.8% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €54,189 | €72,998 | +€18,809 | +34.7% |
| Amounts receivable within one year | 40/41 | €4,881 | €7,216 | +€2,335 | +47.8% |
| Trade receivables | 40 | €4,725 | €4,725 | = | 0.0% |
| Other amounts receivable | 41 | €156 | €2,491 | +€2,335 | +1,496% |
| Cash at bank and in hand | 54/58 | €47,915 | €65,677 | +€17,762 | +37.1% |
| Deferred charges and accrued income | 490/1 | €1,394 | €106 | -€1,287 | -92.4% |
| Total equity and liabilities | 10/49 | €179,602 | €189,022 | +€9,420 | +5.2% |
| Equity | 10/15 | €22,278 | €52,237 | +€29,959 | +134% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,250 | €32,209 | +€29,959 | +1,332% |
| Distributable reserves | 133 | €2,250 | €32,209 | +€29,959 | +1,332% |
| Profit (loss) carried forward | 14 | €28 | €28 | = | 0.0% |
| Amounts payable | 17/49 | €157,324 | €136,785 | -€20,540 | -13.1% |
| Amounts payable within one year | 42/48 | €157,324 | €136,785 | -€20,540 | -13.1% |
| Trade debts | 44 | €7,661 | €7,118 | -€543 | -7.1% |
| Suppliers | 440/4 | €7,661 | €7,118 | -€543 | -7.1% |
| Taxes, remuneration and social security | 45 | €666 | €225 | -€441 | -66.2% |
| Taxes | 450/3 | €666 | €225 | -€441 | -66.2% |
| Other amounts payable | 47/48 | €148,997 | €129,442 | -€19,555 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,908 | €14,115 | +€206 | +1.5% |
| Other operating charges | 640/8 | €1,038 | €800 | -€238 | -22.9% |
| Gross operating margin | 9900 | €76,193 | €53,930 | -€22,263 | -29.2% |
| Operating profit (loss) | 9901 | €61,247 | €39,016 | -€22,231 | -36.3% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €869 | €2,075 | +€1,206 | +139% |
| Recurring financial charges | 65 | €869 | €2,075 | +€1,206 | +139% |
| Profit (loss) for the period before taxes | 9903 | €60,381 | €36,940 | -€23,441 | -38.8% |
| Income taxes | 67/77 | €225 | €6,981 | +€6,756 | +3,003% |
| Profit (loss) for the period | 9904 | €60,156 | €29,959 | -€30,197 | -50.2% |
| Profit (loss) for the period to be appropriated | 9905 | €60,156 | €29,959 | -€30,197 | -50.2% |
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 1 November 2026 via checked.be.