NZELO HOSTE: 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.
NZELO HOSTE
Largest movements
- Cash -€7,757
down €7,757 (-72.2%), from €10,749 to €2,992
mainly Debts after one year (-€8,377) and Deferred charges and accrued income (-€6,333)
- Tangible fixed assets -€6,887
down €6,887 (-21.5%), from €32,070 to €25,182
of which Leasing and similar rights: -€7,167
- Deferred charges and accrued income +€6,333
up €6,333 (+831.9%), from €761 to €7,095
- Stocks and contracts +€2,500
new in 2025: €2,500
- Debts after one year -€8,377
down €8,377 (-41.9%), from €19,981 to €11,605
- Tax, wage and social debts +€2,946
up €2,946 (+151.9%), from €1,940 to €4,887
of which Remuneration and social security: +€3,200
- Depreciation +€4,667
up €4,667 (+135.8%), from €3,438 to €8,105
- Gross operating margin +€3,551
up €3,551 (+44.3%), from €8,025 to €11,576
- Financial charges +€1,161
up €1,161 (+516.6%), from €225 to €1,386
- Other operating charges +€975
up €975 (+377.3%), from €258 to €1,233
- Taxes -€254
down €254 (-24.4%), from €1,040 to €787
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 | €60,798 | €55,475 | -€5,323 | -8.8% |
| Fixed assets | 21/28 | €32,070 | €25,182 | -€6,887 | -21.5% |
| Tangible fixed assets | 22/27 | €32,070 | €25,182 | -€6,887 | -21.5% |
| Furniture and vehicles | 24 | €3,794 | €4,074 | +€280 | +7.4% |
| Leasing and similar rights | 25 | €28,276 | €21,108 | -€7,167 | -25.3% |
| Current assets | 29/58 | €28,729 | €30,293 | +€1,564 | +5.4% |
| Stocks and contracts in progress | 3 | - | €2,500 | +€2,500 | |
| Stocks | 30/36 | - | €2,500 | +€2,500 | |
| Amounts receivable within one year | 40/41 | €17,218 | €17,706 | +€488 | +2.8% |
| Trade receivables | 40 | €13,969 | €14,967 | +€998 | +7.1% |
| Other amounts receivable | 41 | €3,249 | €2,739 | -€510 | -15.7% |
| Cash at bank and in hand | 54/58 | €10,749 | €2,992 | -€7,757 | -72.2% |
| Deferred charges and accrued income | 490/1 | €761 | €7,095 | +€6,333 | +831.9% |
| Total equity and liabilities | 10/49 | €60,798 | €55,475 | -€5,323 | -8.8% |
| Equity | 10/15 | €8,064 | €8,129 | +€66 | +0.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,064 | €3,129 | +€66 | +2.1% |
| Distributable reserves | 133 | €3,064 | €3,129 | +€66 | +2.1% |
| Amounts payable | 17/49 | €52,734 | €47,346 | -€5,388 | -10.2% |
| Amounts payable after more than one year | 17 | €19,981 | €11,605 | -€8,377 | -41.9% |
| Financial debts | 170/4 | €19,981 | €11,605 | -€8,377 | -41.9% |
| Amounts payable within one year | 42/48 | €32,753 | €35,742 | +€2,988 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €8,033 | €8,377 | +€344 | +4.3% |
| Trade debts | 44 | €13,635 | €13,649 | +€14 | +0.1% |
| Suppliers | 440/4 | €13,635 | €13,649 | +€14 | +0.1% |
| Taxes, remuneration and social security | 45 | €1,940 | €4,887 | +€2,946 | +151.9% |
| Taxes | 450/3 | €1,940 | €1,687 | -€254 | -13.1% |
| Remuneration and social security | 454/9 | - | €3,200 | +€3,200 | |
| Other amounts payable | 47/48 | €9,145 | €8,829 | -€316 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,438 | €8,105 | +€4,667 | +135.8% |
| Other operating charges | 640/8 | €258 | €1,233 | +€975 | +377.3% |
| Gross operating margin | 9900 | €8,025 | €11,576 | +€3,551 | +44.3% |
| Operating profit (loss) | 9901 | €4,329 | €2,238 | -€2,091 | -48.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €225 | €1,386 | +€1,161 | +516.6% |
| Recurring financial charges | 65 | €225 | €1,386 | +€1,161 | +516.6% |
| Profit (loss) for the period before taxes | 9903 | €4,104 | €852 | -€3,252 | -79.2% |
| Income taxes | 67/77 | €1,040 | €787 | -€254 | -24.4% |
| Profit (loss) for the period | 9904 | €3,064 | €66 | -€2,998 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,064 | €66 | -€2,998 | -97.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.