Z Lab: 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.
Z Lab
Largest movements
- Tangible fixed assets +€31,743
up €31,743 (+322%), from €9,852 to €41,595
of which Furniture and vehicles: +€26,590
- Receivables within one year +€8,260
up €8,260 (+208%), from €3,976 to €12,236
of which Other amounts receivable: +€6,824
- Cash -€7,567
down €7,567 (-30.8%), from €24,575 to €17,008
mainly Investment in fixed assets (net) (-€37,988) and Receivables within one year (-€8,260)
- Other debts +€27,671
up €27,671 (+181%), from €15,314 to €42,985
- Trade debts +€11,084
up €11,084 (+1,864%), from €595 to €11,679
- Profit (loss) carried forward -€4,618
down €4,618 (-72.6%), from -€6,363 to -€10,981
- Tax, wage and social debts -€2,131
down €2,131 (-93.8%), from €2,272 to €141
- Gross operating margin -€15,060
down €15,060 (-62.5%), from €24,086 to €9,025
- Other operating charges +€2,271
up €2,271 (+184%), from €1,233 to €3,504
- Staff costs +€1,400
up €1,400 (+86.6%), from €1,618 to €3,018
- Depreciation -€676
down €676 (-9.8%), from €6,921 to €6,245
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 | €41,818 | €73,823 | +€32,006 | +76.5% |
| Fixed assets | 21/28 | €10,057 | €41,800 | +€31,743 | +316% |
| Tangible fixed assets | 22/27 | €9,852 | €41,595 | +€31,743 | +322% |
| Plant, machinery and equipment | 23 | €700 | €5,953 | +€5,253 | +750% |
| Furniture and vehicles | 24 | €8,560 | €35,151 | +€26,590 | +311% |
| Leasing and similar rights | 25 | €591 | €491 | -€100 | -16.9% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €31,761 | €32,024 | +€262 | +0.8% |
| Stocks and contracts in progress | 3 | €3,210 | €2,779 | -€431 | -13.4% |
| Stocks | 30/36 | €3,210 | €2,779 | -€431 | -13.4% |
| Amounts receivable within one year | 40/41 | €3,976 | €12,236 | +€8,260 | +208% |
| Trade receivables | 40 | €3,976 | €5,412 | +€1,436 | +36.1% |
| Other amounts receivable | 41 | - | €6,824 | +€6,824 | |
| Cash at bank and in hand | 54/58 | €24,575 | €17,008 | -€7,567 | -30.8% |
| Total equity and liabilities | 10/49 | €41,818 | €73,823 | +€32,006 | +76.5% |
| Equity | 10/15 | €23,637 | €19,019 | -€4,618 | -19.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,363 | -€10,981 | -€4,618 | -72.6% |
| Amounts payable | 17/49 | €18,180 | €54,804 | +€36,624 | +201% |
| Amounts payable within one year | 42/48 | €18,180 | €54,804 | +€36,624 | +201% |
| Trade debts | 44 | €595 | €11,679 | +€11,084 | +1,864% |
| Suppliers | 440/4 | €595 | €11,679 | +€11,084 | +1,864% |
| Taxes, remuneration and social security | 45 | €2,272 | €141 | -€2,131 | -93.8% |
| Taxes | 450/3 | €2,272 | €141 | -€2,131 | -93.8% |
| Other amounts payable | 47/48 | €15,314 | €42,985 | +€27,671 | +181% |
| Remuneration, social security and pensions | 62 | €1,618 | €3,018 | +€1,400 | +86.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,921 | €6,245 | -€676 | -9.8% |
| Other operating charges | 640/8 | €1,233 | €3,504 | +€2,271 | +184% |
| Gross operating margin | 9900 | €24,086 | €9,025 | -€15,060 | -62.5% |
| Operating profit (loss) | 9901 | €14,313 | -€3,742 | -€18,055 | |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €810 | €752 | -€57 | -7.1% |
| Recurring financial charges | 65 | €810 | €752 | -€57 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €13,504 | -€4,478 | -€17,982 | |
| Income taxes | 67/77 | - | €141 | +€141 | |
| Profit (loss) for the period | 9904 | €13,504 | -€4,618 | -€18,122 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,504 | -€4,618 | -€18,122 |
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 24 October 2026 via checked.be.