VICOMTE DU ZOUTE: what changed
VICOMTE DU ZOUTE
Largest movements
- Receivables within one year -€62,890
down €62,890 (-72.7%), from €86,547 to €23,657
of which Trade receivables: -€66,034
- Intangible fixed assets -€20,000
down €20,000 (-25.0%), from €80,000 to €60,000
- Stocks and contracts +€12,583
up €12,583 (+252%), from €5,000 to €17,583
- Cash -€10,360
down €10,360 (-81.3%), from €12,748 to €2,389
mainly Trade debts (-€63,788) and Net result for the year (-€46,900)
- Tangible fixed assets -€5,100
down €5,100 (-49.2%), from €10,375 to €5,275
of which Furniture and vehicles: -€8,125
- Trade debts -€63,788
down €63,788 (-97.5%), from €65,455 to €1,667
- Profit (loss) carried forward -€46,900
down €46,900 (-79.8%), from -€58,757 to -€105,657
- Other debts +€26,078
up €26,078 (+190%), from €13,717 to €39,795
- Gross operating margin -€58,011
down €58,011, from €45,200 to -€12,811
- Depreciation -€8,500
down €8,500 (-23.2%), from €36,671 to €28,171
- Other operating charges +€2,374
up €2,374 (+71.1%), from €3,339 to €5,713
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 | €195,515 | €110,895 | -€84,620 | -43.3% |
| Fixed assets | 21/28 | €90,375 | €65,275 | -€25,100 | -27.8% |
| Intangible fixed assets | 21 | €80,000 | €60,000 | -€20,000 | -25.0% |
| Tangible fixed assets | 22/27 | €10,375 | €5,275 | -€5,100 | -49.2% |
| Plant, machinery and equipment | 23 | €0 | €3,025 | +€3,025 | |
| Furniture and vehicles | 24 | €10,375 | €2,250 | -€8,125 | -78.3% |
| Current assets | 29/58 | €105,139 | €45,620 | -€59,520 | -56.6% |
| Stocks and contracts in progress | 3 | €5,000 | €17,583 | +€12,583 | +252% |
| Stocks | 30/36 | €5,000 | €17,583 | +€12,583 | +252% |
| Amounts receivable within one year | 40/41 | €86,547 | €23,657 | -€62,890 | -72.7% |
| Trade receivables | 40 | €81,452 | €15,419 | -€66,034 | -81.1% |
| Other amounts receivable | 41 | €5,095 | €8,238 | +€3,143 | +61.7% |
| Cash at bank and in hand | 54/58 | €12,748 | €2,389 | -€10,360 | -81.3% |
| Deferred charges and accrued income | 490/1 | €844 | €1,991 | +€1,147 | +136% |
| Total equity and liabilities | 10/49 | €195,515 | €110,895 | -€84,620 | -43.3% |
| Equity | 10/15 | €116,243 | €69,343 | -€46,900 | -40.3% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,757 | -€105,657 | -€46,900 | -79.8% |
| Amounts payable | 17/49 | €79,272 | €41,552 | -€37,720 | -47.6% |
| Amounts payable within one year | 42/48 | €79,272 | €41,552 | -€37,720 | -47.6% |
| Trade debts | 44 | €65,455 | €1,667 | -€63,788 | -97.5% |
| Suppliers | 440/4 | €65,455 | €1,667 | -€63,788 | -97.5% |
| Taxes, remuneration and social security | 45 | €99 | €90 | -€9 | -9.6% |
| Taxes | 450/3 | €99 | €90 | -€9 | -9.6% |
| Other amounts payable | 47/48 | €13,717 | €39,795 | +€26,078 | +190% |
| Non-recurring operating income | 76A | €3,865 | €0 | -€3,865 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,671 | €28,171 | -€8,500 | -23.2% |
| Other operating charges | 640/8 | €3,339 | €5,713 | +€2,374 | +71.1% |
| Gross operating margin | 9900 | €45,200 | -€12,811 | -€58,011 | |
| Operating profit (loss) | 9901 | €5,190 | -€46,695 | -€51,885 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -60.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -60.0% |
| Financial charges | 65/66B | €179 | €115 | -€64 | -35.9% |
| Recurring financial charges | 65 | €179 | €115 | -€64 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €5,011 | -€46,810 | -€51,821 | |
| Income taxes | 67/77 | €99 | €90 | -€9 | -9.6% |
| Profit (loss) for the period | 9904 | €4,912 | -€46,900 | -€51,811 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,912 | -€46,900 | -€51,811 |
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.