ZA Consulting: 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.
ZA Consulting
Largest movements
- Cash -€180,071
down €180,071 (-32.9%), from €547,087 to €367,016
mainly Contributions, distributions and other (-€497,387) and Receivables within one year (-€50,648)
- Receivables within one year +€50,648
up €50,648 (+28.7%), from €176,189 to €226,837
- Reserves -€131,712
down €131,712 (-98.6%), from €133,572 to €1,860
- Trade debts +€9,388
up €9,388 (+113%), from €8,327 to €17,715
- Gross operating margin -€56,633
down €56,633 (-10.2%), from €555,136 to €498,503
- Taxes -€18,727
down €18,727 (-13.4%), from €140,009 to €121,282
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 | €724,249 | €594,563 | -€129,685 | -17.9% |
| Fixed assets | 21/28 | €411 | €151 | -€260 | -63.3% |
| Tangible fixed assets | 22/27 | €411 | €151 | -€260 | -63.3% |
| Other tangible fixed assets | 26 | €411 | €151 | -€260 | -63.3% |
| Current assets | 29/58 | €723,838 | €594,412 | -€129,425 | -17.9% |
| Amounts receivable within one year | 40/41 | €176,189 | €226,837 | +€50,648 | +28.7% |
| Trade receivables | 40 | €176,189 | €226,837 | +€50,648 | +28.7% |
| Cash at bank and in hand | 54/58 | €547,087 | €367,016 | -€180,071 | -32.9% |
| Deferred charges and accrued income | 490/1 | €561 | €559 | -€2 | -0.4% |
| Total equity and liabilities | 10/49 | €724,249 | €594,563 | -€129,685 | -17.9% |
| Equity | 10/15 | €152,172 | €20,460 | -€131,712 | -86.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €133,572 | €1,860 | -€131,712 | -98.6% |
| Distributable reserves | 133 | €133,572 | €1,860 | -€131,712 | -98.6% |
| Amounts payable | 17/49 | €572,077 | €574,103 | +€2,027 | +0.4% |
| Amounts payable within one year | 42/48 | €570,603 | €572,583 | +€1,981 | +0.3% |
| Trade debts | 44 | €8,327 | €17,715 | +€9,388 | +113% |
| Suppliers | 440/4 | €8,327 | €17,715 | +€9,388 | +113% |
| Taxes, remuneration and social security | 45 | €117,772 | €111,493 | -€6,279 | -5.3% |
| Taxes | 450/3 | €116,773 | €110,809 | -€5,964 | -5.1% |
| Remuneration and social security | 454/9 | €998 | €684 | -€315 | -31.5% |
| Other amounts payable | 47/48 | €444,504 | €443,376 | -€1,129 | -0.3% |
| Accrued charges and deferred income | 492/3 | €1,474 | €1,520 | +€46 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €260 | €260 | = | 0.0% |
| Other operating charges | 640/8 | €667 | €816 | +€149 | +22.3% |
| Gross operating margin | 9900 | €555,136 | €498,503 | -€56,633 | -10.2% |
| Operating profit (loss) | 9901 | €554,208 | €497,427 | -€56,781 | -10.2% |
| Financial income | 75/76B | €4,166 | - | -€4,166 | |
| Recurring financial income | 75 | €4,166 | - | -€4,166 | |
| Financial charges | 65/66B | €11,430 | €10,470 | -€959 | -8.4% |
| Recurring financial charges | 65 | €11,430 | €10,470 | -€959 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €546,944 | €486,956 | -€59,988 | -11.0% |
| Income taxes | 67/77 | €140,009 | €121,282 | -€18,727 | -13.4% |
| Profit (loss) for the period | 9904 | €406,936 | €365,675 | -€41,261 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €406,936 | €365,675 | -€41,261 | -10.1% |
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 15 October 2026 via checked.be.