ZDANIYEMMO: 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.
ZDANIYEMMO
Largest movements
- Tangible fixed assets -€21,846
down €21,846 (-4.8%), from €455,441 to €433,595
- Cash -€14,954
down €14,954 (-34.7%), from €43,127 to €28,173
mainly Net result for the year (-€26,325) and Debts after one year (-€13,254)
- Profit (loss) carried forward -€26,325
down €26,325 (-854.1%), from -€3,082 to -€29,407
- Debts after one year -€13,254
down €13,254 (-3.0%), from €434,868 to €421,614
of which Financial debts: -€14,754
- Depreciation +€18,515
up €18,515 (+555.7%), from €3,332 to €21,846
- Gross operating margin +€16,871
up €16,871 (+580.2%), from €2,908 to €19,778
- Financial charges +€12,792
up €12,792 (+577.1%), from €2,217 to €15,009
- Other operating charges +€8,807
up €8,807 (+1995.2%), from €441 to €9,248
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 | €501,124 | €462,459 | -€38,664 | -7.7% |
| Fixed assets | 21/28 | €455,441 | €433,595 | -€21,846 | -4.8% |
| Tangible fixed assets | 22/27 | €455,441 | €433,595 | -€21,846 | -4.8% |
| Land and buildings | 22 | €455,441 | €433,595 | -€21,846 | -4.8% |
| Current assets | 29/58 | €45,683 | €28,865 | -€16,818 | -36.8% |
| Amounts receivable within one year | 40/41 | €2,555 | €691 | -€1,864 | -72.9% |
| Trade receivables | 40 | €1,864 | - | -€1,864 | |
| Other amounts receivable | 41 | €691 | €691 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €43,127 | €28,173 | -€14,954 | -34.7% |
| Total equity and liabilities | 10/49 | €501,124 | €462,459 | -€38,664 | -7.7% |
| Equity | 10/15 | €918 | -€25,407 | -€26,325 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,082 | -€29,407 | -€26,325 | -854.1% |
| Amounts payable | 17/49 | €500,206 | €487,866 | -€12,339 | -2.5% |
| Amounts payable after more than one year | 17 | €434,868 | €421,614 | -€13,254 | -3.0% |
| Financial debts | 170/4 | €384,556 | €369,802 | -€14,754 | -3.8% |
| Other amounts payable | 178/9 | €50,312 | €51,812 | +€1,500 | +3.0% |
| Amounts payable within one year | 42/48 | €65,338 | €66,253 | +€915 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €62,262 | €62,854 | +€592 | +1.0% |
| Trade debts | 44 | €1,596 | €1,375 | -€221 | -13.8% |
| Suppliers | 440/4 | €1,596 | €1,375 | -€221 | -13.8% |
| Taxes, remuneration and social security | 45 | €1,479 | €1,923 | +€444 | +30.0% |
| Taxes | 450/3 | €1,479 | €1,923 | +€444 | +30.0% |
| Other amounts payable | 47/48 | - | €100 | +€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,332 | €21,846 | +€18,515 | +555.7% |
| Other operating charges | 640/8 | €441 | €9,248 | +€8,807 | +1995.2% |
| Gross operating margin | 9900 | €2,908 | €19,778 | +€16,871 | +580.2% |
| Operating profit (loss) | 9901 | -€866 | -€11,317 | -€10,451 | -1207.4% |
| Financial charges | 65/66B | €2,217 | €15,009 | +€12,792 | +577.1% |
| Recurring financial charges | 65 | €2,217 | €15,009 | +€12,792 | +577.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,082 | -€26,325 | -€23,243 | -754.1% |
| Profit (loss) for the period | 9904 | -€3,082 | -€26,325 | -€23,243 | -754.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,082 | -€26,325 | -€23,243 | -754.1% |
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 9 October 2026 via checked.be.