VILLA ZOUTEBEEKE: 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.
VILLA ZOUTEBEEKE
Largest movements
- Receivables within one year +€41,231
up €41,231 (+347%), from €11,871 to €53,102
of which Other amounts receivable: +€43,531
- Tangible fixed assets +€7,983
up €7,983 (+28.1%), from €28,445 to €36,429
of which Other tangible fixed assets: +€8,059
- Cash -€1,986
down €1,986 (-10.1%), from €19,686 to €17,700
mainly Receivables within one year (-€41,231) and Investment in fixed assets (net) (-€14,567)
- Tax, wage and social debts +€16,993
up €16,993 (+226%), from €7,513 to €24,506
of which Taxes: +€16,993
- Reserves +€15,170
up €15,170 (+62.3%), from €24,359 to €39,529
of which Distributable reserves: +€15,170
- Profit (loss) carried forward +€7,591
up €7,591, from -€7,590 to €1
- Other debts +€6,568
new in 2025: €6,568
- Accrued charges and deferred income -€4,335
down €4,335 (-53.0%), from €8,182 to €3,847
- Gross operating margin +€23,692
up €23,692 (+88.5%), from €26,778 to €50,470
- Taxes +€9,268
up €9,268 (+126%), from €7,346 to €16,613
- Depreciation +€1,935
up €1,935 (+34.3%), from €5,648 to €7,583
- Financial charges -€1,829
down €1,829 (-42.2%), from €4,335 to €2,506
- Other operating charges -€563
down €563 (-35.9%), from €1,570 to €1,007
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 | €69,927 | €115,513 | +€45,586 | +65.2% |
| Fixed assets | 21/28 | €37,608 | €44,592 | +€6,983 | +18.6% |
| Intangible fixed assets | 21 | €8,663 | €7,663 | -€1,000 | -11.5% |
| Tangible fixed assets | 22/27 | €28,445 | €36,429 | +€7,983 | +28.1% |
| Plant, machinery and equipment | 23 | €13,009 | €13,314 | +€305 | +2.3% |
| Furniture and vehicles | 24 | €3,128 | €2,748 | -€380 | -12.1% |
| Other tangible fixed assets | 26 | €12,308 | €20,367 | +€8,059 | +65.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €32,319 | €70,922 | +€38,603 | +119% |
| Amounts receivable within one year | 40/41 | €11,871 | €53,102 | +€41,231 | +347% |
| Trade receivables | 40 | €8,128 | €5,828 | -€2,300 | -28.3% |
| Other amounts receivable | 41 | €3,743 | €47,274 | +€43,531 | +1,163% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €19,686 | €17,700 | -€1,986 | -10.1% |
| Deferred charges and accrued income | 490/1 | €762 | €120 | -€643 | -84.3% |
| Total equity and liabilities | 10/49 | €69,927 | €115,513 | +€45,586 | +65.2% |
| Equity | 10/15 | €19,769 | €42,529 | +€22,761 | +115% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €24,359 | €39,529 | +€15,170 | +62.3% |
| Tax-exempt reserves | 132 | €5,439 | €5,439 | = | 0.0% |
| Distributable reserves | 133 | €18,920 | €34,090 | +€15,170 | +80.2% |
| Profit (loss) carried forward | 14 | -€7,590 | €1 | +€7,591 | |
| Amounts payable | 17/49 | €50,158 | €72,984 | +€22,825 | +45.5% |
| Amounts payable after more than one year | 17 | €21,365 | €24,456 | +€3,091 | +14.5% |
| Financial debts | 170/4 | €21,365 | €24,456 | +€3,091 | +14.5% |
| Amounts payable within one year | 42/48 | €20,611 | €44,681 | +€24,070 | +117% |
| Current portion of amounts payable after more than one year | 42 | €7,428 | €6,909 | -€519 | -7.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,670 | €2,988 | -€2,682 | -47.3% |
| Suppliers | 440/4 | €5,670 | €2,988 | -€2,682 | -47.3% |
| Advances received on contracts in progress | 46 | - | €3,710 | +€3,710 | |
| Taxes, remuneration and social security | 45 | €7,513 | €24,506 | +€16,993 | +226% |
| Taxes | 450/3 | €5,363 | €22,356 | +€16,993 | +317% |
| Remuneration and social security | 454/9 | €2,150 | €2,150 | = | 0.0% |
| Other amounts payable | 47/48 | - | €6,568 | +€6,568 | |
| Accrued charges and deferred income | 492/3 | €8,182 | €3,847 | -€4,335 | -53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,648 | €7,583 | +€1,935 | +34.3% |
| Other operating charges | 640/8 | €1,570 | €1,007 | -€563 | -35.9% |
| Non-recurring operating charges | 66A | €4,189 | €0 | -€4,189 | -100% |
| Gross operating margin | 9900 | €26,778 | €50,470 | +€23,692 | +88.5% |
| Operating profit (loss) | 9901 | €15,371 | €41,880 | +€26,509 | +172% |
| Financial income | 75/76B | €187 | €0 | -€187 | -100% |
| Recurring financial income | 75 | €187 | €0 | -€187 | -100% |
| Financial charges | 65/66B | €4,335 | €2,506 | -€1,829 | -42.2% |
| Recurring financial charges | 65 | €4,335 | €2,506 | -€1,829 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €11,223 | €39,374 | +€28,151 | +251% |
| Income taxes | 67/77 | €7,346 | €16,613 | +€9,268 | +126% |
| Profit (loss) for the period | 9904 | €3,878 | €22,761 | +€18,883 | +487% |
| Profit (loss) for the period to be appropriated | 9905 | €3,878 | €22,761 | +€18,883 | +487% |
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 30 October 2026 via checked.be.