TVP & ZOONS: 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.
TVP & ZOONS
Largest movements
- Tangible fixed assets -€6,689
down €6,689 (-32.0%), from €20,890 to €14,201
of which Furniture and vehicles: -€8,644
- Stocks and contracts +€3,670
new in 2025: €3,670
- Receivables within one year -€1,621
down €1,621 (-74.1%), from €2,187 to €566
- Debts after one year -€17,931
down €17,931 (-64.3%), from €27,887 to €9,956
- Other debts +€11,033
up €11,033 (+47.1%), from €23,412 to €34,445
- Current portion of long-term debt +€7,965
up €7,965 (+269%), from €2,958 to €10,923
- Trade debts -€5,676
down €5,676 (-54.0%), from €10,520 to €4,844
- Short-term financial debts -€739
no longer reported in 2025 (was €739)
- Gross operating margin +€16,604
up €16,604, from -€5,443 to €11,161
- Financial charges -€529
down €529 (-66.4%), from €797 to €268
- Other operating charges +€498
up €498 (+91.9%), from €542 to €1,040
- Depreciation +€489
up €489 (+5.7%), from €8,644 to €9,133
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 | €23,081 | €18,455 | -€4,626 | -20.0% |
| Fixed assets | 21/28 | €20,890 | €14,201 | -€6,689 | -32.0% |
| Tangible fixed assets | 22/27 | €20,890 | €14,201 | -€6,689 | -32.0% |
| Plant, machinery and equipment | 23 | - | €1,955 | +€1,955 | |
| Furniture and vehicles | 24 | €20,890 | €12,246 | -€8,644 | -41.4% |
| Current assets | 29/58 | €2,191 | €4,254 | +€2,063 | +94.1% |
| Stocks and contracts in progress | 3 | - | €3,670 | +€3,670 | |
| Stocks | 30/36 | - | €3,670 | +€3,670 | |
| Amounts receivable within one year | 40/41 | €2,187 | €566 | -€1,621 | -74.1% |
| Other amounts receivable | 41 | €2,187 | €566 | -€1,621 | -74.1% |
| Cash at bank and in hand | 54/58 | €4 | €18 | +€14 | +347% |
| Total equity and liabilities | 10/49 | €23,081 | €18,455 | -€4,626 | -20.0% |
| Equity | 10/15 | -€42,435 | -€41,714 | +€721 | +1.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,435 | -€43,714 | +€721 | +1.6% |
| Amounts payable | 17/49 | €65,516 | €60,169 | -€5,347 | -8.2% |
| Amounts payable after more than one year | 17 | €27,887 | €9,956 | -€17,931 | -64.3% |
| Financial debts | 170/4 | €27,887 | €9,956 | -€17,931 | -64.3% |
| Amounts payable within one year | 42/48 | €37,629 | €50,212 | +€12,584 | +33.4% |
| Current portion of amounts payable after more than one year | 42 | €2,958 | €10,923 | +€7,965 | +269% |
| Financial debts | 43 | €739 | - | -€739 | |
| Credit institutions | 430/8 | €739 | - | -€739 | |
| Trade debts | 44 | €10,520 | €4,844 | -€5,676 | -54.0% |
| Suppliers | 440/4 | €10,520 | €4,844 | -€5,676 | -54.0% |
| Other amounts payable | 47/48 | €23,412 | €34,445 | +€11,033 | +47.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,644 | €9,133 | +€489 | +5.7% |
| Other operating charges | 640/8 | €542 | €1,040 | +€498 | +91.9% |
| Gross operating margin | 9900 | -€5,443 | €11,161 | +€16,604 | |
| Operating profit (loss) | 9901 | -€14,628 | €989 | +€15,617 | |
| Financial charges | 65/66B | €797 | €268 | -€529 | -66.4% |
| Recurring financial charges | 65 | €797 | €268 | -€529 | -66.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,426 | €721 | +€16,147 | |
| Profit (loss) for the period | 9904 | -€15,426 | €721 | +€16,147 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,426 | €721 | +€16,147 |
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.