Z.M All Services: 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.M All Services
Largest movements
- Receivables within one year +€56,688
up €56,688 (+53.3%), from €106,372 to €163,060
of which Other amounts receivable: +€68,639
- Tangible fixed assets +€4,298
up €4,298 (+163%), from €2,634 to €6,932
of which Plant, machinery and equipment: +€4,107
- Profit (loss) carried forward +€45,490
up €45,490 (+311%), from €14,616 to €60,106
- Tax, wage and social debts +€25,989
up €25,989 (+361%), from €7,193 to €33,181
of which Taxes: +€15,530
- Trade debts -€6,470
down €6,470 (-8.0%), from €80,946 to €74,476
- Accrued charges and deferred income -€4,114
down €4,114 (-88.9%), from €4,628 to €513
- Gross operating margin +€46,187
up €46,187 (+80.3%), from €57,529 to €103,716
- Staff costs +€16,902
up €16,902 (+63.4%), from €26,662 to €43,564
- Taxes +€8,398
up €8,398 (+118%), from €7,132 to €15,530
- Other operating charges -€7,805
down €7,805 (-89.7%), from €8,704 to €899
- Financial income +€3,600
up €3,600 (+14,390%), from €25 to €3,625
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 | €109,443 | €170,277 | +€60,834 | +55.6% |
| Fixed assets | 21/28 | €2,634 | €6,932 | +€4,298 | +163% |
| Tangible fixed assets | 22/27 | €2,634 | €6,932 | +€4,298 | +163% |
| Plant, machinery and equipment | 23 | - | €4,107 | +€4,107 | |
| Furniture and vehicles | 24 | €2,634 | €2,824 | +€191 | +7.2% |
| Current assets | 29/58 | €106,809 | €163,345 | +€56,536 | +52.9% |
| Amounts receivable within one year | 40/41 | €106,372 | €163,060 | +€56,688 | +53.3% |
| Trade receivables | 40 | €97,597 | €85,647 | -€11,950 | -12.2% |
| Other amounts receivable | 41 | €8,774 | €77,413 | +€68,639 | +782% |
| Cash at bank and in hand | 54/58 | €144 | €285 | +€142 | +98.9% |
| Deferred charges and accrued income | 490/1 | €294 | - | -€294 | |
| Total equity and liabilities | 10/49 | €109,443 | €170,277 | +€60,834 | +55.6% |
| Equity | 10/15 | €16,616 | €62,106 | +€45,490 | +274% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,616 | €60,106 | +€45,490 | +311% |
| Amounts payable | 17/49 | €92,827 | €108,171 | +€15,344 | +16.5% |
| Amounts payable within one year | 42/48 | €88,199 | €107,657 | +€19,458 | +22.1% |
| Trade debts | 44 | €80,946 | €74,476 | -€6,470 | -8.0% |
| Suppliers | 440/4 | €80,946 | €74,476 | -€6,470 | -8.0% |
| Taxes, remuneration and social security | 45 | €7,193 | €33,181 | +€25,989 | +361% |
| Taxes | 450/3 | €7,132 | €22,662 | +€15,530 | +218% |
| Remuneration and social security | 454/9 | €61 | €10,519 | +€10,459 | +17,207% |
| Other amounts payable | 47/48 | €61 | - | -€61 | |
| Accrued charges and deferred income | 492/3 | €4,628 | €513 | -€4,114 | -88.9% |
| Remuneration, social security and pensions | 62 | €26,662 | €43,564 | +€16,902 | +63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €360 | €1,292 | +€932 | +259% |
| Other operating charges | 640/8 | €8,704 | €899 | -€7,805 | -89.7% |
| Gross operating margin | 9900 | €57,529 | €103,716 | +€46,187 | +80.3% |
| Operating profit (loss) | 9901 | €21,803 | €57,961 | +€36,158 | +166% |
| Financial income | 75/76B | €25 | €3,625 | +€3,600 | +14,390% |
| Recurring financial income | 75 | €25 | €3,625 | +€3,600 | +14,390% |
| Financial charges | 65/66B | €80 | €566 | +€486 | +606% |
| Recurring financial charges | 65 | €80 | €566 | +€486 | +606% |
| Profit (loss) for the period before taxes | 9903 | €21,748 | €61,020 | +€39,273 | +181% |
| Income taxes | 67/77 | €7,132 | €15,530 | +€8,398 | +118% |
| Profit (loss) for the period | 9904 | €14,616 | €45,490 | +€30,874 | +211% |
| Profit (loss) for the period to be appropriated | 9905 | €14,616 | €45,490 | +€30,874 | +211% |
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 16 October 2026 via checked.be.