UserZero: 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.
UserZero
Largest movements
- Cash -€29,909
down €29,909 (-35.5%), from €84,240 to €54,331
mainly Contributions, distributions and other (-€30,879) and Accrued charges and deferred income (-€23,636)
- Tangible fixed assets -€8,482
down €8,482 (-46.2%), from €18,359 to €9,877
of which Furniture and vehicles: -€8,833
- Receivables within one year +€3,071
up €3,071 (+6.0%), from €51,203 to €54,274
of which Trade receivables: +€2,309
- Accrued charges and deferred income -€23,636
down €23,636 (-97.7%), from €24,200 to €564
- Other debts -€19,206
down €19,206 (-26.1%), from €73,657 to €54,451
- Trade debts +€8,973
up €8,973 (+494.9%), from €1,813 to €10,785
- Tax, wage and social debts -€2,148
down €2,148 (-5.9%), from €36,166 to €34,018
- Gross operating margin -€35,980
down €35,980 (-41.7%), from €86,188 to €50,207
- Taxes -€8,310
down €8,310 (-48.5%), from €17,129 to €8,819
- Financial income -€1,017
down €1,017 (-71.3%), from €1,427 to €410
- Financial charges +€871
up €871 (+267.1%), from €326 to €1,197
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 | €156,296 | €120,279 | -€36,018 | -23.0% |
| Fixed assets | 21/28 | €18,389 | €9,907 | -€8,482 | -46.1% |
| Tangible fixed assets | 22/27 | €18,359 | €9,877 | -€8,482 | -46.2% |
| Plant, machinery and equipment | 23 | €184 | €536 | +€351 | +190.7% |
| Furniture and vehicles | 24 | €18,174 | €9,341 | -€8,833 | -48.6% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €137,908 | €110,372 | -€27,536 | -20.0% |
| Amounts receivable within one year | 40/41 | €51,203 | €54,274 | +€3,071 | +6.0% |
| Trade receivables | 40 | €51,203 | €53,512 | +€2,309 | +4.5% |
| Other amounts receivable | 41 | - | €761 | +€761 | |
| Cash at bank and in hand | 54/58 | €84,240 | €54,331 | -€29,909 | -35.5% |
| Deferred charges and accrued income | 490/1 | €2,465 | €1,768 | -€697 | -28.3% |
| Total equity and liabilities | 10/49 | €156,296 | €120,279 | -€36,018 | -23.0% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Amounts payable | 17/49 | €135,836 | €99,819 | -€36,018 | -26.5% |
| Amounts payable within one year | 42/48 | €111,636 | €99,255 | -€12,381 | -11.1% |
| Trade debts | 44 | €1,813 | €10,785 | +€8,973 | +494.9% |
| Suppliers | 440/4 | €1,813 | €10,785 | +€8,973 | +494.9% |
| Taxes, remuneration and social security | 45 | €36,166 | €34,018 | -€2,148 | -5.9% |
| Taxes | 450/3 | €36,166 | €34,018 | -€2,148 | -5.9% |
| Other amounts payable | 47/48 | €73,657 | €54,451 | -€19,206 | -26.1% |
| Accrued charges and deferred income | 492/3 | €24,200 | €564 | -€23,636 | -97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,460 | €8,977 | +€517 | +6.1% |
| Other operating charges | 640/8 | €1,477 | €745 | -€732 | -49.5% |
| Gross operating margin | 9900 | €86,188 | €50,207 | -€35,980 | -41.7% |
| Operating profit (loss) | 9901 | €76,250 | €40,485 | -€35,765 | -46.9% |
| Financial income | 75/76B | €1,427 | €410 | -€1,017 | -71.3% |
| Recurring financial income | 75 | €1,427 | €410 | -€1,017 | -71.3% |
| Financial charges | 65/66B | €326 | €1,197 | +€871 | +267.1% |
| Recurring financial charges | 65 | €326 | €1,197 | +€871 | +267.1% |
| Profit (loss) for the period before taxes | 9903 | €77,351 | €39,698 | -€37,654 | -48.7% |
| Income taxes | 67/77 | €17,129 | €8,819 | -€8,310 | -48.5% |
| Profit (loss) for the period | 9904 | €60,222 | €30,879 | -€29,344 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €60,222 | €30,879 | -€29,344 | -48.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.