Zastrugi: what changed
What changed
Zastrugi
NACE 62.100, Computer programming
filed annual accounts (NBB)
Net result for the year
€7,543
2024 · €16,899-€9,356
Equity
€133,268
2024 · €125,725+€7,543
Cash
€39,246
2024 · €66,119-€26,873
Balance sheet total
€305,222
2024 · €327,763-€22,541
Largest movements
Assets
- Cash -€26,873
down €26,873 (-40.6%), from €66,119 to €39,246
mainly Investment in fixed assets (net) (-€128,033) and Provisions (-€60,000)
- Receivables within one year +€9,635
up €9,635 (+144%), from €6,713 to €16,348
of which Trade receivables: +€8,990
- Intangible fixed assets -€7,473
down €7,473 (-2.9%), from €253,531 to €246,058
Equity and liabilities
- Provisions -€60,000
down €60,000 (-100%), from €60,000 to €0
- Accrued charges and deferred income +€35,260
up €35,260 (+33.1%), from €106,542 to €141,802
- Profit (loss) carried forward +€7,543
up €7,543 (+4.4%), from -€171,675 to -€164,132
- Trade debts -€5,901
down €5,901 (-28.3%), from €20,877 to €14,975
Income statement
- Provisions -€60,000
new in 2025: -€60,000
- Financial income -€46,827
down €46,827 (-98.7%), from €47,437 to €610
- Staff costs +€20,670
up €20,670 (+22.4%), from €92,334 to €113,004
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€16,899
Gross operating margin
+€710
Staff costs
-€20,670
Depreciation
-€921
Provisions
+€60,000
Other operating charges
-€762
Financial income
-€46,827
Financial charges
-€886
Result 2025
€7,543
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€102,506
Investment
-€128,033
Financing
-€1,346
Cash 2024
€66,119
From operations (derived)
+€102,506
Net result for the year
+€7,543
Depreciation
+€133,603
Receivables within one year
-€9,635
Deferred charges and accrued income
-€267
Provisions
-€60,000
Trade debts
-€5,901
Tax, wage and social debts
+€1,300
Other debts
+€603
Accrued charges and deferred income
+€35,260
Investment (derived)
-€128,033
Investment in fixed assets (net)
-€128,033
Financing
-€1,346
Short-term financial debts
-€1,346
Cash 2025
€39,246
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €327,763 | €305,222 | -€22,541 | -6.9% |
| Fixed assets | 21/28 | €253,531 | €247,961 | -€5,570 | -2.2% |
| Intangible fixed assets | 21 | €253,531 | €246,058 | -€7,473 | -2.9% |
| Tangible fixed assets | 22/27 | €0 | €1,903 | +€1,903 | |
| Plant, machinery and equipment | 23 | €0 | €1,903 | +€1,903 | |
| Current assets | 29/58 | €74,232 | €57,261 | -€16,971 | -22.9% |
| Amounts receivable within one year | 40/41 | €6,713 | €16,348 | +€9,635 | +144% |
| Trade receivables | 40 | €1,000 | €9,990 | +€8,990 | +899% |
| Other amounts receivable | 41 | €5,713 | €6,358 | +€645 | +11.3% |
| Cash at bank and in hand | 54/58 | €66,119 | €39,246 | -€26,873 | -40.6% |
| Deferred charges and accrued income | 490/1 | €1,399 | €1,666 | +€267 | +19.1% |
| Total equity and liabilities | 10/49 | €327,763 | €305,222 | -€22,541 | -6.9% |
| Equity | 10/15 | €125,725 | €133,268 | +€7,543 | +6.0% |
| Contributions | 10/11 | €297,400 | €297,400 | = | 0.0% |
| Capital | 10 | €297,400 | €297,400 | = | 0.0% |
| Issued capital | 100 | €297,400 | €297,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€171,675 | -€164,132 | +€7,543 | +4.4% |
| Investment grants | 15 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €60,000 | €0 | -€60,000 | -100% |
| Provisions for liabilities and charges | 160/5 | €60,000 | €0 | -€60,000 | -100% |
| Other liabilities and charges | 164/5 | €60,000 | €0 | -€60,000 | -100% |
| Amounts payable | 17/49 | €142,038 | €171,954 | +€29,916 | +21.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €35,496 | €30,152 | -€5,344 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €1,346 | €0 | -€1,346 | -100% |
| Other loans | 439 | €1,346 | €0 | -€1,346 | -100% |
| Trade debts | 44 | €20,877 | €14,975 | -€5,901 | -28.3% |
| Suppliers | 440/4 | €20,877 | €14,975 | -€5,901 | -28.3% |
| Taxes, remuneration and social security | 45 | €13,211 | €14,510 | +€1,300 | +9.8% |
| Remuneration and social security | 454/9 | €13,211 | €14,510 | +€1,300 | +9.8% |
| Other amounts payable | 47/48 | €63 | €666 | +€603 | +959% |
| Accrued charges and deferred income | 492/3 | €106,542 | €141,802 | +€35,260 | +33.1% |
| Remuneration, social security and pensions | 62 | €92,334 | €113,004 | +€20,670 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,682 | €133,603 | +€921 | +0.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€60,000 | -€60,000 | |
| Other operating charges | 640/8 | €505 | €1,267 | +€762 | +151% |
| Gross operating margin | 9900 | €202,213 | €202,923 | +€710 | +0.4% |
| Operating profit (loss) | 9901 | -€23,307 | €15,049 | +€38,357 | |
| Financial income | 75/76B | €47,437 | €610 | -€46,827 | -98.7% |
| Recurring financial income | 75 | €47,437 | €610 | -€46,827 | -98.7% |
| Financial charges | 65/66B | €7,231 | €8,117 | +€886 | +12.2% |
| Recurring financial charges | 65 | €7,231 | €8,117 | +€886 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €16,899 | €7,543 | -€9,356 | -55.4% |
| Profit (loss) for the period | 9904 | €16,899 | €7,543 | -€9,356 | -55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,899 | €7,543 | -€9,356 | -55.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.