MyZen: 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.
MyZen
Largest movements
- Cash +€29,606
up €29,606 (+21.9%), from €134,898 to €164,504
mainly Other debts (+€204,161) and Depreciation (+€51,986)
- Other debts +€204,161
up €204,161 (+5,117%), from €3,990 to €208,150
- Reserves -€167,000
down €167,000 (-53.6%), from €311,745 to €144,745
of which Distributable reserves: -€167,000
- Debts after one year -€13,255
down €13,255 (-3.5%), from €374,681 to €361,426
- Current portion of long-term debt +€12,918
up €12,918 (+40.7%), from €31,749 to €44,667
- Gross operating margin +€29,570
up €29,570 (+87.0%), from €33,970 to €63,540
- Depreciation +€7,059
up €7,059 (+15.7%), from €44,927 to €51,986
- Taxes -€1,231
down €1,231 (-24.2%), from €5,080 to €3,849
- Other operating charges +€808
up €808 (+18.1%), from €4,459 to €5,266
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 | €1,080,674 | €1,117,329 | +€36,656 | +3.4% |
| Fixed assets | 21/28 | €945,319 | €942,920 | -€2,398 | -0.3% |
| Tangible fixed assets | 22/27 | €545,059 | €542,660 | -€2,398 | -0.4% |
| Land and buildings | 22 | €494,600 | €469,909 | -€24,691 | -5.0% |
| Plant, machinery and equipment | 23 | €13,734 | €13,568 | -€166 | -1.2% |
| Furniture and vehicles | 24 | €36,725 | €59,184 | +€22,459 | +61.2% |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | €400,260 | €400,260 | = | 0.0% |
| Current assets | 29/58 | €135,355 | €174,409 | +€39,054 | +28.9% |
| Amounts receivable within one year | 40/41 | €270 | €6,564 | +€6,293 | +2,327% |
| Trade receivables | 40 | €0 | €5,335 | +€5,335 | |
| Other amounts receivable | 41 | €270 | €1,229 | +€958 | +354% |
| Cash at bank and in hand | 54/58 | €134,898 | €164,504 | +€29,606 | +21.9% |
| Deferred charges and accrued income | 490/1 | €186 | €3,341 | +€3,155 | +1,692% |
| Total equity and liabilities | 10/49 | €1,080,674 | €1,117,329 | +€36,656 | +3.4% |
| Equity | 10/15 | €662,513 | €495,862 | -€166,651 | -25.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €311,745 | €144,745 | -€167,000 | -53.6% |
| Tax-exempt reserves | 132 | €4,885 | €4,885 | = | 0.0% |
| Distributable reserves | 133 | €306,860 | €139,860 | -€167,000 | -54.4% |
| Profit (loss) carried forward | 14 | €332,169 | €332,518 | +€349 | +0.1% |
| Amounts payable | 17/49 | €418,160 | €621,467 | +€203,307 | +48.6% |
| Amounts payable after more than one year | 17 | €374,681 | €361,426 | -€13,255 | -3.5% |
| Financial debts | 170/4 | €374,681 | €361,426 | -€13,255 | -3.5% |
| Amounts payable within one year | 42/48 | €43,479 | €259,981 | +€216,501 | +498% |
| Current portion of amounts payable after more than one year | 42 | €31,749 | €44,667 | +€12,918 | +40.7% |
| Trade debts | 44 | €1,683 | €5,326 | +€3,643 | +216% |
| Suppliers | 440/4 | €1,683 | €5,326 | +€3,643 | +216% |
| Taxes, remuneration and social security | 45 | €6,056 | €1,837 | -€4,220 | -69.7% |
| Taxes | 450/3 | €6,056 | €80 | -€5,977 | -98.7% |
| Remuneration and social security | 454/9 | €0 | €1,757 | +€1,757 | |
| Other amounts payable | 47/48 | €3,990 | €208,150 | +€204,161 | +5,117% |
| Accrued charges and deferred income | 492/3 | - | €60 | +€60 | |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,927 | €51,986 | +€7,059 | +15.7% |
| Other operating charges | 640/8 | €4,459 | €5,266 | +€808 | +18.1% |
| Gross operating margin | 9900 | €33,970 | €63,540 | +€29,570 | +87.0% |
| Operating profit (loss) | 9901 | -€15,415 | €6,288 | +€21,703 | |
| Financial income | 75/76B | €50,000 | €50,000 | -€0 | 0.0% |
| Recurring financial income | 75 | €50,000 | €50,000 | -€0 | 0.0% |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €14,658 | €14,090 | -€568 | -3.9% |
| Recurring financial charges | 65 | €14,658 | €14,090 | -€568 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €19,927 | €42,198 | +€22,271 | +112% |
| Income taxes | 67/77 | €5,080 | €3,849 | -€1,231 | -24.2% |
| Profit (loss) for the period | 9904 | €14,847 | €38,349 | +€23,502 | +158% |
| Profit (loss) for the period to be appropriated | 9905 | €14,847 | €38,349 | +€23,502 | +158% |
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 23 October 2026 via checked.be.