LE ZIE: 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.
LE ZIE
Largest movements
- Tangible fixed assets +€85,647
up €85,647 (+1865.3%), from €4,592 to €90,239
of which Other tangible fixed assets: +€82,770
- Receivables within one year +€27,972
up €27,972 (+1690.9%), from €1,654 to €29,626
of which Trade receivables: +€27,693
- Stocks and contracts -€3,699
down €3,699 (-56.3%), from €6,567 to €2,869
- Other debts +€64,889
up €64,889 (+326.1%), from €19,900 to €84,788
- Debts after one year +€45,659
new in 2024: €45,659
- Profit (loss) carried forward -€25,192
down €25,192 (-50.2%), from -€50,191 to -€75,384
- Trade debts +€20,705
up €20,705 (+316.9%), from €6,533 to €27,238
- Current portion of long-term debt +€3,376
new in 2024: €3,376
- Gross operating margin -€4,583
down €4,583 (-33.5%), from -€13,661 to -€18,243
- Financial charges +€1,840
up €1,840 (+97.4%), from €1,890 to €3,730
- Depreciation +€1,687
up €1,687 (+110.2%), from €1,531 to €3,218
- Other operating charges -€554
down €554 (-99.9%), from €554 to €1
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,979 | €127,240 | +€110,261 | +649.4% |
| Fixed assets | 21/28 | €8,192 | €93,839 | +€85,647 | +1045.6% |
| Tangible fixed assets | 22/27 | €4,592 | €90,239 | +€85,647 | +1865.3% |
| Plant, machinery and equipment | 23 | - | €2,877 | +€2,877 | |
| Other tangible fixed assets | 26 | €4,592 | €87,361 | +€82,770 | +1802.7% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €8,787 | €33,401 | +€24,614 | +280.1% |
| Stocks and contracts in progress | 3 | €6,567 | €2,869 | -€3,699 | -56.3% |
| Stocks | 30/36 | €6,567 | €2,869 | -€3,699 | -56.3% |
| Amounts receivable within one year | 40/41 | €1,654 | €29,626 | +€27,972 | +1690.9% |
| Trade receivables | 40 | €1,017 | €28,710 | +€27,693 | +2723.4% |
| Other amounts receivable | 41 | €637 | €917 | +€279 | +43.8% |
| Cash at bank and in hand | 54/58 | €566 | €906 | +€340 | +60.2% |
| Total equity and liabilities | 10/49 | €16,979 | €127,240 | +€110,261 | +649.4% |
| Equity | 10/15 | -€20,191 | -€45,384 | -€25,192 | -124.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,191 | -€75,384 | -€25,192 | -50.2% |
| Amounts payable | 17/49 | €37,170 | €172,624 | +€135,453 | +364.4% |
| Amounts payable after more than one year | 17 | - | €45,659 | +€45,659 | |
| Financial debts | 170/4 | - | €45,659 | +€45,659 | |
| Amounts payable within one year | 42/48 | €37,170 | €126,965 | +€89,794 | +241.6% |
| Current portion of amounts payable after more than one year | 42 | - | €3,376 | +€3,376 | |
| Financial debts | 43 | €10,738 | €11,562 | +€825 | +7.7% |
| Credit institutions | 430/8 | €10,738 | €11,562 | +€825 | +7.7% |
| Trade debts | 44 | €6,533 | €27,238 | +€20,705 | +316.9% |
| Suppliers | 440/4 | €6,533 | €27,238 | +€20,705 | +316.9% |
| Other amounts payable | 47/48 | €19,900 | €84,788 | +€64,889 | +326.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,531 | €3,218 | +€1,687 | +110.2% |
| Other operating charges | 640/8 | €554 | €1 | -€554 | -99.9% |
| Gross operating margin | 9900 | -€13,661 | -€18,243 | -€4,583 | -33.5% |
| Operating profit (loss) | 9901 | -€15,746 | -€21,462 | -€5,716 | -36.3% |
| Financial charges | 65/66B | €1,890 | €3,730 | +€1,840 | +97.4% |
| Recurring financial charges | 65 | €1,890 | €3,730 | +€1,840 | +97.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,636 | -€25,192 | -€7,556 | -42.8% |
| Profit (loss) for the period | 9904 | -€17,636 | -€25,192 | -€7,556 | -42.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,636 | -€25,192 | -€7,556 | -42.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.