ZAP.DEV: 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.
ZAP.DEV
Largest movements
- Current investments +€22,000
new in 2025: €22,000
- Cash +€21,475
up €21,475 (+47.8%), from €44,915 to €66,391
mainly Net result for the year (+€48,836) and Trade debts (+€11,660)
- Receivables within one year +€15,421
up €15,421 (+107.5%), from €14,352 to €29,773
of which Trade receivables: +€16,414
- Profit (loss) carried forward +€48,836
up €48,836 (+124.2%), from €39,313 to €88,150
- Trade debts +€11,660
up €11,660 (+1003.1%), from €1,162 to €12,823
- Accrued charges and deferred income -€5,338
no longer reported in 2025 (was €5,338)
- Other debts +€1,321
up €1,321 (+110.1%), from €1,200 to €2,521
- Tax, wage and social debts +€1,210
up €1,210 (+12.5%), from €9,659 to €10,869
- Gross operating margin +€10,194
up €10,194 (+20.3%), from €50,246 to €60,440
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 | €61,672 | €119,362 | +€57,690 | +93.5% |
| Fixed assets | 21/28 | €1,863 | €1,198 | -€665 | -35.7% |
| Tangible fixed assets | 22/27 | €1,863 | €1,198 | -€665 | -35.7% |
| Furniture and vehicles | 24 | €1,863 | €1,198 | -€665 | -35.7% |
| Current assets | 29/58 | €59,809 | €118,164 | +€58,355 | +97.6% |
| Amounts receivable within one year | 40/41 | €14,352 | €29,773 | +€15,421 | +107.5% |
| Trade receivables | 40 | €13,352 | €29,766 | +€16,414 | +122.9% |
| Other amounts receivable | 41 | €1,000 | €7 | -€993 | -99.3% |
| Current investments | 50/53 | - | €22,000 | +€22,000 | |
| Cash at bank and in hand | 54/58 | €44,915 | €66,391 | +€21,475 | +47.8% |
| Deferred charges and accrued income | 490/1 | €542 | - | -€542 | |
| Total equity and liabilities | 10/49 | €61,672 | €119,362 | +€57,690 | +93.5% |
| Equity | 10/15 | €44,313 | €93,150 | +€48,836 | +110.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,313 | €88,150 | +€48,836 | +124.2% |
| Amounts payable | 17/49 | €17,359 | €26,212 | +€8,854 | +51.0% |
| Amounts payable within one year | 42/48 | €12,021 | €26,212 | +€14,191 | +118.1% |
| Trade debts | 44 | €1,162 | €12,823 | +€11,660 | +1003.1% |
| Suppliers | 440/4 | €1,162 | €12,823 | +€11,660 | +1003.1% |
| Taxes, remuneration and social security | 45 | €9,659 | €10,869 | +€1,210 | +12.5% |
| Taxes | 450/3 | €9,659 | €10,869 | +€1,210 | +12.5% |
| Other amounts payable | 47/48 | €1,200 | €2,521 | +€1,321 | +110.1% |
| Accrued charges and deferred income | 492/3 | €5,338 | - | -€5,338 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €253 | €665 | +€412 | +162.5% |
| Other operating charges | 640/8 | €63 | €189 | +€126 | +199.1% |
| Gross operating margin | 9900 | €50,246 | €60,440 | +€10,194 | +20.3% |
| Operating profit (loss) | 9901 | €49,930 | €59,586 | +€9,657 | +19.3% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €116 | €120 | +€3 | +3.0% |
| Recurring financial charges | 65 | €116 | €120 | +€3 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €49,813 | €59,466 | +€9,653 | +19.4% |
| Income taxes | 67/77 | €10,500 | €10,630 | +€130 | +1.2% |
| Profit (loss) for the period | 9904 | €39,313 | €48,836 | +€9,523 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,313 | €48,836 | +€9,523 | +24.2% |
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 3 October 2026 via checked.be.