ZAHYA: 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.
ZAHYA
Largest movements
- Receivables within one year -€11,855
no longer reported in 2025 (was €11,855)
- Cash +€7,768
up €7,768 (+73.7%), from €10,543 to €18,311
mainly Receivables within one year (+€11,855) and Depreciation (+€3,297)
- Tangible fixed assets -€3,297
no longer reported in 2025 (was €3,297)
- Profit (loss) carried forward -€7,370
down €7,370, from €2,646 to -€4,724
- Tax, wage and social debts +€1,608
up €1,608 (+199%), from €807 to €2,415
of which Remuneration and social security: +€1,803
- Other debts -€1,043
no longer reported in 2025 (was €1,043)
- Trade debts -€579
down €579 (-78.3%), from €739 to €160
- Purchases and services +€34,018
new in 2025: €34,018
- Staff costs +€9,831
new in 2025: €9,831
- Turnover +€2,092
up €2,092 (+5.3%), from €39,419 to €41,510
- Other operating charges +€607
up €607 (+149%), from €407 to €1,014
- Gross operating margin -€591
down €591 (-7.3%), from €8,083 to €7,492
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 | €25,695 | €18,311 | -€7,384 | -28.7% |
| Fixed assets | 21/28 | €3,297 | - | -€3,297 | |
| Tangible fixed assets | 22/27 | €3,297 | - | -€3,297 | |
| Furniture and vehicles | 24 | €3,297 | - | -€3,297 | |
| Current assets | 29/58 | €22,398 | €18,311 | -€4,087 | -18.2% |
| Amounts receivable within one year | 40/41 | €11,855 | - | -€11,855 | |
| Trade receivables | 40 | €11,855 | - | -€11,855 | |
| Cash at bank and in hand | 54/58 | €10,543 | €18,311 | +€7,768 | +73.7% |
| Total equity and liabilities | 10/49 | €25,695 | €18,311 | -€7,384 | -28.7% |
| Equity | 10/15 | €23,106 | €15,736 | -€7,370 | -31.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,646 | -€4,724 | -€7,370 | |
| Amounts payable | 17/49 | €2,589 | €2,575 | -€14 | -0.5% |
| Amounts payable within one year | 42/48 | €2,589 | €2,575 | -€14 | -0.5% |
| Trade debts | 44 | €739 | €160 | -€579 | -78.3% |
| Suppliers | 440/4 | €739 | €160 | -€579 | -78.3% |
| Taxes, remuneration and social security | 45 | €807 | €2,415 | +€1,608 | +199% |
| Taxes | 450/3 | €807 | €612 | -€195 | -24.2% |
| Remuneration and social security | 454/9 | - | €1,803 | +€1,803 | |
| Other amounts payable | 47/48 | €1,043 | - | -€1,043 | |
| Turnover | 70 | €39,419 | €41,510 | +€2,092 | +5.3% |
| Non-recurring operating income | 76A | €106 | - | -€106 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €34,018 | +€34,018 | |
| Remuneration, social security and pensions | 62 | - | €9,831 | +€9,831 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,297 | €3,297 | -€0 | 0.0% |
| Other operating charges | 640/8 | €407 | €1,014 | +€607 | +149% |
| Non-recurring operating charges | 66A | €249 | - | -€249 | |
| Gross operating margin | 9900 | €8,083 | €7,492 | -€591 | -7.3% |
| Operating profit (loss) | 9901 | €4,130 | -€6,650 | -€10,780 | |
| Financial charges | 65/66B | €148 | €720 | +€573 | +388% |
| Recurring financial charges | 65 | €148 | €79 | -€69 | -46.8% |
| Non-recurring financial charges | 66B | - | €642 | +€642 | |
| Profit (loss) for the period before taxes | 9903 | €3,982 | -€7,370 | -€11,352 | |
| Profit (loss) for the period | 9904 | €3,982 | -€7,370 | -€11,352 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,982 | -€7,370 | -€11,352 |
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 18 October 2026 via checked.be.