VANHIMO ZEN: what changed
VANHIMO ZEN
Largest movements
- Tangible fixed assets -€13,918
down €13,918 (-53.8%), from €25,851 to €11,933
of which Furniture and vehicles: -€17,594
- Cash -€10,514
down €10,514 (-89.8%), from €11,710 to €1,196
mainly Tax, wage and social debts (-€15,741) and Net result for the year (-€5,374)
- Stocks and contracts -€860
down €860 (-66.9%), from €1,285 to €425
- Receivables within one year +€539
up €539 (+23.5%), from €2,294 to €2,833
of which Trade receivables: +€453
- Tax, wage and social debts -€15,741
down €15,741 (-60.9%), from €25,852 to €10,111
of which Remuneration and social security: -€11,095
- Profit (loss) carried forward -€5,374
down €5,374 (-16.0%), from -€33,577 to -€38,951
- Trade debts -€2,571
down €2,571 (-34.8%), from €7,388 to €4,817
- Other debts -€789
down €789 (-33.3%), from €2,368 to €1,579
- Staff costs -€15,371
down €15,371 (-28.3%), from €54,235 to €38,864
- Depreciation -€5,189
down €5,189 (-68.5%), from €7,576 to €2,387
- Other operating charges -€2,784
down €2,784 (-17.0%), from €16,392 to €13,608
- Gross operating margin -€1,963
down €1,963 (-3.2%), from €60,859 to €58,896
- Financial charges +€1,272
up €1,272 (+152%), from €836 to €2,108
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,131 | €17,656 | -€24,475 | -58.1% |
| Fixed assets | 21/28 | €26,842 | €12,924 | -€13,918 | -51.9% |
| Tangible fixed assets | 22/27 | €25,851 | €11,933 | -€13,918 | -53.8% |
| Plant, machinery and equipment | 23 | €5,380 | €9,056 | +€3,676 | +68.3% |
| Furniture and vehicles | 24 | €20,471 | €2,877 | -€17,594 | -85.9% |
| Financial fixed assets | 28 | €991 | €991 | = | 0.0% |
| Current assets | 29/58 | €15,289 | €4,732 | -€10,557 | -69.0% |
| Stocks and contracts in progress | 3 | €1,285 | €425 | -€860 | -66.9% |
| Stocks | 30/36 | €1,285 | €425 | -€860 | -66.9% |
| Amounts receivable within one year | 40/41 | €2,294 | €2,833 | +€539 | +23.5% |
| Trade receivables | 40 | €2,107 | €2,560 | +€453 | +21.5% |
| Other amounts receivable | 41 | €187 | €273 | +€86 | +46.0% |
| Cash at bank and in hand | 54/58 | €11,710 | €1,196 | -€10,514 | -89.8% |
| Deferred charges and accrued income | 490/1 | - | €278 | +€278 | |
| Total equity and liabilities | 10/49 | €42,131 | €17,656 | -€24,475 | -58.1% |
| Equity | 10/15 | €6,523 | €1,149 | -€5,374 | -82.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,500 | €21,500 | = | 0.0% |
| Distributable reserves | 133 | €21,500 | €21,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,577 | -€38,951 | -€5,374 | -16.0% |
| Amounts payable | 17/49 | €35,608 | €16,507 | -€19,101 | -53.6% |
| Amounts payable within one year | 42/48 | €35,608 | €16,507 | -€19,101 | -53.6% |
| Trade debts | 44 | €7,388 | €4,817 | -€2,571 | -34.8% |
| Suppliers | 440/4 | €7,388 | €4,817 | -€2,571 | -34.8% |
| Taxes, remuneration and social security | 45 | €25,852 | €10,111 | -€15,741 | -60.9% |
| Taxes | 450/3 | €10,703 | €6,057 | -€4,646 | -43.4% |
| Remuneration and social security | 454/9 | €15,149 | €4,054 | -€11,095 | -73.2% |
| Other amounts payable | 47/48 | €2,368 | €1,579 | -€789 | -33.3% |
| Non-recurring operating income | 76A | €16,683 | - | -€16,683 | |
| Remuneration, social security and pensions | 62 | €54,235 | €38,864 | -€15,371 | -28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,576 | €2,387 | -€5,189 | -68.5% |
| Other operating charges | 640/8 | €16,392 | €13,608 | -€2,784 | -17.0% |
| Non-recurring operating charges | 66A | €2,633 | €8,591 | +€5,958 | +226% |
| Gross operating margin | 9900 | €60,859 | €58,896 | -€1,963 | -3.2% |
| Operating profit (loss) | 9901 | -€19,977 | -€4,554 | +€15,423 | +77.2% |
| Financial income | 75/76B | €723 | €1,288 | +€565 | +78.1% |
| Recurring financial income | 75 | €723 | €1,288 | +€565 | +78.1% |
| Financial charges | 65/66B | €836 | €2,108 | +€1,272 | +152% |
| Recurring financial charges | 65 | €836 | €2,108 | +€1,272 | +152% |
| Profit (loss) for the period before taxes | 9903 | -€20,090 | -€5,374 | +€14,716 | +73.3% |
| Income taxes | 67/77 | €185 | - | -€185 | |
| Profit (loss) for the period | 9904 | -€20,275 | -€5,374 | +€14,901 | +73.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,275 | -€5,374 | +€14,901 | +73.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.