Zakenkantoor P&E: 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.
Zakenkantoor P&E
Largest movements
- Cash +€136,688
up €136,688 (+588%), from €23,238 to €159,926
mainly Other debts (+€107,722) and Net result for the year (+€61,028)
- Tangible fixed assets -€19,362
down €19,362 (-6.7%), from €290,057 to €270,696
- Receivables within one year -€13,318
down €13,318 (-100%), from €13,318 to €0
- Other debts +€107,722
new in 2025: €107,722
- Short-term financial debts -€100,000
down €100,000 (-100%), from €100,000 to €0
- Reserves +€61,028
up €61,028 (+278%), from €21,950 to €82,978
- Accrued charges and deferred income +€27,824
new in 2025: €27,824
- Tax, wage and social debts +€21,287
up €21,287 (+210%), from €10,129 to €31,415
of which Taxes: +€13,794
- Gross operating margin +€119,309
up €119,309 (+273%), from €43,654 to €162,963
- Staff costs +€36,739
new in 2025: €36,739
- Financial charges +€21,669
up €21,669 (+1,585%), from €1,367 to €23,035
- Taxes +€14,846
up €14,846 (+250%), from €5,931 to €20,777
- Depreciation +€5,901
up €5,901 (+43.0%), from €13,731 to €19,632
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 | €329,818 | €431,499 | +€101,681 | +30.8% |
| Formation expenses | 20 | €1,148 | €878 | -€270 | -23.5% |
| Fixed assets | 21/28 | €290,057 | €270,696 | -€19,362 | -6.7% |
| Tangible fixed assets | 22/27 | €290,057 | €270,696 | -€19,362 | -6.7% |
| Land and buildings | 22 | €271,920 | €265,171 | -€6,748 | -2.5% |
| Plant, machinery and equipment | 23 | €3,180 | €1,554 | -€1,626 | -51.1% |
| Furniture and vehicles | 24 | €6,923 | €1,519 | -€5,405 | -78.1% |
| Other tangible fixed assets | 26 | €8,034 | €2,451 | -€5,583 | -69.5% |
| Current assets | 29/58 | €38,613 | €159,926 | +€121,313 | +314% |
| Amounts receivable within one year | 40/41 | €13,318 | €0 | -€13,318 | -100% |
| Other amounts receivable | 41 | €13,318 | €0 | -€13,318 | -100% |
| Cash at bank and in hand | 54/58 | €23,238 | €159,926 | +€136,688 | +588% |
| Deferred charges and accrued income | 490/1 | €2,057 | €0 | -€2,057 | -100% |
| Total equity and liabilities | 10/49 | €329,818 | €431,499 | +€101,681 | +30.8% |
| Equity | 10/15 | €26,950 | €87,978 | +€61,028 | +226% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €21,950 | €82,978 | +€61,028 | +278% |
| Distributable reserves | 133 | €21,950 | €82,978 | +€61,028 | +278% |
| Amounts payable | 17/49 | €302,868 | €343,521 | +€40,653 | +13.4% |
| Amounts payable after more than one year | 17 | €175,243 | €161,361 | -€13,882 | -7.9% |
| Financial debts | 170/4 | €175,243 | €161,361 | -€13,882 | -7.9% |
| Amounts payable within one year | 42/48 | €127,625 | €154,335 | +€26,711 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €14,305 | €13,882 | -€423 | -3.0% |
| Financial debts | 43 | €100,000 | €0 | -€100,000 | -100% |
| Credit institutions | 430/8 | €100,000 | €0 | -€100,000 | -100% |
| Trade debts | 44 | €3,191 | €1,315 | -€1,876 | -58.8% |
| Suppliers | 440/4 | €3,191 | €1,315 | -€1,876 | -58.8% |
| Taxes, remuneration and social security | 45 | €10,129 | €31,415 | +€21,287 | +210% |
| Taxes | 450/3 | €6,929 | €20,723 | +€13,794 | +199% |
| Remuneration and social security | 454/9 | €3,200 | €10,693 | +€7,493 | +234% |
| Other amounts payable | 47/48 | - | €107,722 | +€107,722 | |
| Accrued charges and deferred income | 492/3 | - | €27,824 | +€27,824 | |
| Remuneration, social security and pensions | 62 | - | €36,739 | +€36,739 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,731 | €19,632 | +€5,901 | +43.0% |
| Other operating charges | 640/8 | €683 | €2,783 | +€2,100 | +307% |
| Gross operating margin | 9900 | €43,654 | €162,963 | +€119,309 | +273% |
| Operating profit (loss) | 9901 | €29,240 | €103,808 | +€74,568 | +255% |
| Financial income | 75/76B | €8 | €1,033 | +€1,025 | +12,824% |
| Recurring financial income | 75 | €8 | €1,033 | +€1,025 | +12,824% |
| Financial charges | 65/66B | €1,367 | €23,035 | +€21,669 | +1,585% |
| Recurring financial charges | 65 | €1,367 | €23,035 | +€21,669 | +1,585% |
| Profit (loss) for the period before taxes | 9903 | €27,881 | €81,805 | +€53,924 | +193% |
| Income taxes | 67/77 | €5,931 | €20,777 | +€14,846 | +250% |
| Profit (loss) for the period | 9904 | €21,950 | €61,028 | +€39,078 | +178% |
| Profit (loss) for the period to be appropriated | 9905 | €21,950 | €61,028 | +€39,078 | +178% |
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 31 October 2026 via checked.be.