PARTNERS & ZONEN: 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.
PARTNERS & ZONEN
Largest movements
- Tangible fixed assets -€15,282
down €15,282 (-19.0%), from €80,631 to €65,348
- Cash +€12,116
up €12,116 (+31.3%), from €38,754 to €50,871
mainly Depreciation (+€15,282) and Tax, wage and social debts (+€437)
- Profit (loss) carried forward -€1,702
down €1,702 (-2.8%), from -€61,776 to -€63,478
- Other debts -€1,290
down €1,290 (-12.3%), from €10,478 to €9,188
- Gross operating margin -€3,195
down €3,195 (-18.1%), from €17,609 to €14,413
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 | €122,099 | €119,835 | -€2,264 | -1.9% |
| Fixed assets | 21/28 | €80,981 | €65,348 | -€15,632 | -19.3% |
| Tangible fixed assets | 22/27 | €80,631 | €65,348 | -€15,282 | -19.0% |
| Land and buildings | 22 | €80,631 | €65,348 | -€15,282 | -19.0% |
| Financial fixed assets | 28 | €350 | - | -€350 | |
| Current assets | 29/58 | €41,119 | €54,487 | +€13,368 | +32.5% |
| Amounts receivable within one year | 40/41 | €1,762 | €2,924 | +€1,162 | +65.9% |
| Trade receivables | 40 | €1,715 | €2,852 | +€1,137 | +66.3% |
| Other amounts receivable | 41 | €48 | €72 | +€24 | +51.0% |
| Cash at bank and in hand | 54/58 | €38,754 | €50,871 | +€12,116 | +31.3% |
| Deferred charges and accrued income | 490/1 | €602 | €693 | +€91 | +15.0% |
| Total equity and liabilities | 10/49 | €122,099 | €119,835 | -€2,264 | -1.9% |
| Equity | 10/15 | €110,923 | €109,221 | -€1,702 | -1.5% |
| Contributions | 10/11 | €169,800 | €169,800 | = | 0.0% |
| Reserves | 13 | €2,899 | €2,899 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,039 | €1,039 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,776 | -€63,478 | -€1,702 | -2.8% |
| Amounts payable | 17/49 | €11,176 | €10,614 | -€562 | -5.0% |
| Amounts payable within one year | 42/48 | €11,134 | €10,560 | -€575 | -5.2% |
| Trade debts | 44 | €111 | €390 | +€279 | +251% |
| Suppliers | 440/4 | €111 | €390 | +€279 | +251% |
| Taxes, remuneration and social security | 45 | €545 | €982 | +€437 | +80.1% |
| Taxes | 450/3 | €545 | €982 | +€437 | +80.1% |
| Other amounts payable | 47/48 | €10,478 | €9,188 | -€1,290 | -12.3% |
| Accrued charges and deferred income | 492/3 | €42 | €55 | +€13 | +30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,314 | €15,282 | -€31 | -0.2% |
| Other operating charges | 640/8 | €809 | €941 | +€132 | +16.3% |
| Gross operating margin | 9900 | €17,609 | €14,413 | -€3,195 | -18.1% |
| Operating profit (loss) | 9901 | €1,486 | -€1,810 | -€3,296 | |
| Financial income | 75/76B | €158 | €239 | +€81 | +51.0% |
| Recurring financial income | 75 | €158 | €239 | +€81 | +51.0% |
| Financial charges | 65/66B | €117 | €131 | +€14 | +11.9% |
| Recurring financial charges | 65 | €117 | €131 | +€14 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €1,527 | -€1,702 | -€3,229 | |
| Profit (loss) for the period | 9904 | €1,527 | -€1,702 | -€3,229 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,527 | -€1,702 | -€3,229 |
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 26 October 2026 via checked.be.