Zacon: what changed
Two fiscal 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.
Zacon
Largest movements
- Stocks and contracts +€160,100
up €160,100 (+141.2%), from €113,373 to €273,473
- Receivables within one year -€95,210
down €95,210 (-57.5%), from €165,608 to €70,397
- Debts after one year +€150,000
new in 2025: €150,000
- Other debts -€143,740
down €143,740 (-57.6%), from €249,596 to €105,856
- Profit (loss) carried forward +€76,782
up €76,782 (+88.3%), from -€86,918 to -€10,136
- Trade debts -€19,646
down €19,646 (-16.8%), from €116,770 to €97,124
- Gross operating margin +€163,275
up €163,275, from -€85,913 to €77,362
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.
Cash bridge derived
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 | €280,502 | €344,072 | +€63,570 | +22.7% |
| Current assets | 29/58 | €280,502 | €344,072 | +€63,570 | +22.7% |
| Stocks and contracts in progress | 3 | €113,373 | €273,473 | +€160,100 | +141.2% |
| Stocks | 30/36 | €113,373 | €273,473 | +€160,100 | +141.2% |
| Amounts receivable within one year | 40/41 | €165,608 | €70,397 | -€95,210 | -57.5% |
| Other amounts receivable | 41 | €165,608 | €70,397 | -€95,210 | -57.5% |
| Cash at bank and in hand | 54/58 | €1,522 | €202 | -€1,320 | -86.7% |
| Total equity and liabilities | 10/49 | €280,502 | €344,072 | +€63,570 | +22.7% |
| Equity | 10/15 | -€85,918 | -€9,136 | +€76,782 | +89.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,918 | -€10,136 | +€76,782 | +88.3% |
| Amounts payable | 17/49 | €366,420 | €353,208 | -€13,212 | -3.6% |
| Amounts payable after more than one year | 17 | - | €150,000 | +€150,000 | |
| Financial debts | 170/4 | - | €150,000 | +€150,000 | |
| Amounts payable within one year | 42/48 | €366,420 | €203,208 | -€163,212 | -44.5% |
| Financial debts | 43 | €54 | €229 | +€174 | +321.0% |
| Credit institutions | 430/8 | €54 | €229 | +€174 | +321.0% |
| Trade debts | 44 | €116,770 | €97,124 | -€19,646 | -16.8% |
| Suppliers | 440/4 | €116,770 | €97,124 | -€19,646 | -16.8% |
| Other amounts payable | 47/48 | €249,596 | €105,856 | -€143,740 | -57.6% |
| Other operating charges | 640/8 | €384 | €118 | -€266 | -69.3% |
| Gross operating margin | 9900 | -€85,913 | €77,362 | +€163,275 | |
| Operating profit (loss) | 9901 | -€86,298 | €77,244 | +€163,541 | |
| Financial income | 75/76B | €25 | €20 | -€5 | -21.1% |
| Recurring financial income | 75 | €25 | €20 | -€5 | -21.1% |
| Financial charges | 65/66B | €645 | €482 | -€163 | -25.3% |
| Recurring financial charges | 65 | €645 | €482 | -€163 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | -€86,918 | €76,782 | +€163,699 | |
| Profit (loss) for the period | 9904 | -€86,918 | €76,782 | +€163,699 | |
| Profit (loss) for the period to be appropriated | 9905 | -€86,918 | €76,782 | +€163,699 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.