Zaudig: 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.
Zaudig
Largest movements
- Tangible fixed assets +€13,313
up €13,313 (+174%), from €7,672 to €20,984
of which Furniture and vehicles: +€9,632
- Cash +€7,351
up €7,351 (+433%), from €1,698 to €9,049
mainly Trade debts (+€24,246) and Net result for the year (+€9,293)
- Stocks and contracts +€7,120
up €7,120 (+10.2%), from €70,125 to €77,245
- Receivables within one year -€5,111
down €5,111 (-11.2%), from €45,434 to €40,323
of which Trade receivables: -€7,650
- Deferred charges and accrued income -€1,540
down €1,540 (-44.1%), from €3,490 to €1,950
- Trade debts +€24,246
up €24,246 (+50.1%), from €48,388 to €72,634
- Profit (loss) carried forward +€9,293
up €9,293 (+25.8%), from -€36,030 to -€26,737
- Short-term financial debts -€8,912
down €8,912 (-100%), from €8,912 to €0
- Tax, wage and social debts -€3,065
down €3,065 (-28.0%), from €10,962 to €7,898
of which Taxes: -€3,465
- Gross operating margin -€26,768
down €26,768 (-45.1%), from €59,384 to €32,617
- Taxes -€4,527
down €4,527 (-38.3%), from €11,825 to €7,298
- Write-downs -€4,056
down €4,056 (-67.6%), from €5,998 to €1,942
- Financial charges -€1,121
down €1,121 (-45.1%), from €2,484 to €1,364
- Depreciation +€1,076
up €1,076 (+21.7%), from €4,951 to €6,027
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 | €128,712 | €149,845 | +€21,133 | +16.4% |
| Fixed assets | 21/28 | €7,965 | €21,278 | +€13,313 | +167% |
| Tangible fixed assets | 22/27 | €7,672 | €20,984 | +€13,313 | +174% |
| Plant, machinery and equipment | 23 | €1,141 | €4,822 | +€3,681 | +322% |
| Furniture and vehicles | 24 | €6,530 | €16,162 | +€9,632 | +148% |
| Financial fixed assets | 28 | €294 | €294 | = | 0.0% |
| Current assets | 29/58 | €120,747 | €128,567 | +€7,820 | +6.5% |
| Stocks and contracts in progress | 3 | €70,125 | €77,245 | +€7,120 | +10.2% |
| Stocks | 30/36 | €70,125 | €77,245 | +€7,120 | +10.2% |
| Amounts receivable within one year | 40/41 | €45,434 | €40,323 | -€5,111 | -11.2% |
| Trade receivables | 40 | €44,977 | €37,326 | -€7,650 | -17.0% |
| Other amounts receivable | 41 | €457 | €2,997 | +€2,539 | +555% |
| Cash at bank and in hand | 54/58 | €1,698 | €9,049 | +€7,351 | +433% |
| Deferred charges and accrued income | 490/1 | €3,490 | €1,950 | -€1,540 | -44.1% |
| Total equity and liabilities | 10/49 | €128,712 | €149,845 | +€21,133 | +16.4% |
| Equity | 10/15 | -€5,400 | €3,893 | +€9,293 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €12,038 | €12,038 | = | 0.0% |
| Distributable reserves | 133 | €12,038 | €12,038 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,030 | -€26,737 | +€9,293 | +25.8% |
| Amounts payable | 17/49 | €134,112 | €145,952 | +€11,840 | +8.8% |
| Amounts payable within one year | 42/48 | €134,112 | €145,952 | +€11,840 | +8.8% |
| Financial debts | 43 | €8,912 | €0 | -€8,912 | -100% |
| Credit institutions | 430/8 | €8,912 | €0 | -€8,912 | -100% |
| Trade debts | 44 | €48,388 | €72,634 | +€24,246 | +50.1% |
| Suppliers | 440/4 | €48,388 | €72,634 | +€24,246 | +50.1% |
| Taxes, remuneration and social security | 45 | €10,962 | €7,898 | -€3,065 | -28.0% |
| Taxes | 450/3 | €10,762 | €7,298 | -€3,465 | -32.2% |
| Remuneration and social security | 454/9 | €200 | €600 | +€400 | +200% |
| Other amounts payable | 47/48 | €65,849 | €65,421 | -€429 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,951 | €6,027 | +€1,076 | +21.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,998 | €1,942 | -€4,056 | -67.6% |
| Other operating charges | 640/8 | €7,153 | €6,693 | -€460 | -6.4% |
| Gross operating margin | 9900 | €59,384 | €32,617 | -€26,768 | -45.1% |
| Operating profit (loss) | 9901 | €41,282 | €17,954 | -€23,327 | -56.5% |
| Financial charges | 65/66B | €2,484 | €1,364 | -€1,121 | -45.1% |
| Recurring financial charges | 65 | €2,484 | €1,364 | -€1,121 | -45.1% |
| Profit (loss) for the period before taxes | 9903 | €38,797 | €16,591 | -€22,207 | -57.2% |
| Income taxes | 67/77 | €11,825 | €7,298 | -€4,527 | -38.3% |
| Profit (loss) for the period | 9904 | €26,972 | €9,293 | -€17,679 | -65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,972 | €9,293 | -€17,679 | -65.5% |
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 17 October 2026 via checked.be.