ZAIENCE: 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.
ZAIENCE
Largest movements
- Tangible fixed assets -€11,967
down €11,967 (-22.3%), from €53,684 to €41,718
- Cash +€9,329
up €9,329 (+42.1%), from €22,154 to €31,484
mainly Net result for the year (+€22,224) and Depreciation (+€11,967)
- Deferred charges and accrued income +€6,094
new in 2025: €6,094
- Receivables within one year +€1,313
up €1,313 (+136.4%), from €962 to €2,276
- Reserves +€22,224
up €22,224 (+309.2%), from €7,187 to €29,412
- Other debts -€10,434
down €10,434 (-94.1%), from €11,092 to €658
- Debts after one year -€9,990
down €9,990 (-24.8%), from €40,282 to €30,292
- Tax, wage and social debts +€3,023
up €3,023 (+65.2%), from €4,637 to €7,660
- Gross operating margin +€38,076
up €38,076 (+350.3%), from €10,871 to €48,947
- Depreciation +€9,151
up €9,151 (+325.0%), from €2,816 to €11,967
- Taxes +€7,271
up €7,271 (+269.8%), from €2,695 to €9,965
- Staff costs +€2,583
new in 2025: €2,583
- Financial charges +€1,266
up €1,266 (+255.0%), from €496 to €1,762
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 | €76,801 | €81,571 | +€4,770 | +6.2% |
| Fixed assets | 21/28 | €53,684 | €41,718 | -€11,967 | -22.3% |
| Tangible fixed assets | 22/27 | €53,684 | €41,718 | -€11,967 | -22.3% |
| Furniture and vehicles | 24 | €53,684 | €41,718 | -€11,967 | -22.3% |
| Current assets | 29/58 | €23,117 | €39,853 | +€16,736 | +72.4% |
| Amounts receivable within one year | 40/41 | €962 | €2,276 | +€1,313 | +136.4% |
| Trade receivables | 40 | €962 | €2,276 | +€1,313 | +136.4% |
| Cash at bank and in hand | 54/58 | €22,154 | €31,484 | +€9,329 | +42.1% |
| Deferred charges and accrued income | 490/1 | - | €6,094 | +€6,094 | |
| Total equity and liabilities | 10/49 | €76,801 | €81,571 | +€4,770 | +6.2% |
| Equity | 10/15 | €10,187 | €32,412 | +€22,224 | +218.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €7,187 | €29,412 | +€22,224 | +309.2% |
| Distributable reserves | 133 | €7,187 | €29,412 | +€22,224 | +309.2% |
| Amounts payable | 17/49 | €66,614 | €49,159 | -€17,455 | -26.2% |
| Amounts payable after more than one year | 17 | €40,282 | €30,292 | -€9,990 | -24.8% |
| Financial debts | 170/4 | €40,282 | €30,292 | -€9,990 | -24.8% |
| Amounts payable within one year | 42/48 | €26,332 | €18,867 | -€7,465 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | €9,644 | €9,990 | +€346 | +3.6% |
| Trade debts | 44 | €959 | €559 | -€400 | -41.7% |
| Suppliers | 440/4 | €959 | €559 | -€400 | -41.7% |
| Taxes, remuneration and social security | 45 | €4,637 | €7,660 | +€3,023 | +65.2% |
| Taxes | 450/3 | €4,637 | €7,660 | +€3,023 | +65.2% |
| Other amounts payable | 47/48 | €11,092 | €658 | -€10,434 | -94.1% |
| Remuneration, social security and pensions | 62 | - | €2,583 | +€2,583 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,816 | €11,967 | +€9,151 | +325.0% |
| Other operating charges | 640/8 | €421 | €445 | +€24 | +5.8% |
| Gross operating margin | 9900 | €10,871 | €48,947 | +€38,076 | +350.3% |
| Operating profit (loss) | 9901 | €7,634 | €33,952 | +€26,317 | +344.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €496 | €1,762 | +€1,266 | +255.0% |
| Recurring financial charges | 65 | €496 | €1,762 | +€1,266 | +255.0% |
| Profit (loss) for the period before taxes | 9903 | €7,138 | €32,190 | +€25,052 | +351.0% |
| Income taxes | 67/77 | €2,695 | €9,965 | +€7,271 | +269.8% |
| Profit (loss) for the period | 9904 | €4,443 | €22,224 | +€17,781 | +400.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,443 | €22,224 | +€17,781 | +400.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.