ZE PINCE: 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.
ZE PINCE
Largest movements
- Cash +€10,195
up €10,195 (+65.9%), from €15,473 to €25,668
mainly Net result for the year (+€11,071) and Receivables within one year (+€4,464)
- Receivables within one year -€4,464
down €4,464 (-17.3%), from €25,840 to €21,376
of which Trade receivables: -€6,181
- Tangible fixed assets -€1,246
no longer reported in 2025 (was €1,246)
- Deferred charges and accrued income +€646
up €646 (+581%), from €111 to €757
- Profit (loss) carried forward +€11,071
up €11,071 (+99.0%), from -€11,185 to -€114
- Tax, wage and social debts -€6,143
down €6,143 (-76.6%), from €8,019 to €1,876
- Other debts +€745
up €745 (+4.3%), from €17,247 to €17,993
- Trade debts -€542
down €542 (-15.5%), from €3,493 to €2,951
- Gross operating margin -€1,724
down €1,724 (-8.3%), from €20,832 to €19,108
- Taxes +€1,654
up €1,654 (+35.7%), from €4,631 to €6,285
- Depreciation -€280
down €280 (-18.4%), from €1,526 to €1,246
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 | €42,669 | €47,801 | +€5,131 | +12.0% |
| Fixed assets | 21/28 | €1,246 | - | -€1,246 | |
| Tangible fixed assets | 22/27 | €1,246 | - | -€1,246 | |
| Plant, machinery and equipment | 23 | €1,246 | - | -€1,246 | |
| Current assets | 29/58 | €41,424 | €47,801 | +€6,377 | +15.4% |
| Amounts receivable within one year | 40/41 | €25,840 | €21,376 | -€4,464 | -17.3% |
| Trade receivables | 40 | €25,840 | €19,659 | -€6,181 | -23.9% |
| Other amounts receivable | 41 | - | €1,717 | +€1,717 | |
| Cash at bank and in hand | 54/58 | €15,473 | €25,668 | +€10,195 | +65.9% |
| Deferred charges and accrued income | 490/1 | €111 | €757 | +€646 | +581% |
| Total equity and liabilities | 10/49 | €42,669 | €47,801 | +€5,131 | +12.0% |
| Equity | 10/15 | €13,910 | €24,981 | +€11,071 | +79.6% |
| Contributions | 10/11 | €14,500 | €14,500 | = | 0.0% |
| Reserves | 13 | €10,595 | €10,595 | = | 0.0% |
| Distributable reserves | 133 | €10,595 | €10,595 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,185 | -€114 | +€11,071 | +99.0% |
| Amounts payable | 17/49 | €28,759 | €22,820 | -€5,940 | -20.7% |
| Amounts payable within one year | 42/48 | €28,759 | €22,820 | -€5,940 | -20.7% |
| Trade debts | 44 | €3,493 | €2,951 | -€542 | -15.5% |
| Suppliers | 440/4 | €3,493 | €2,951 | -€542 | -15.5% |
| Taxes, remuneration and social security | 45 | €8,019 | €1,876 | -€6,143 | -76.6% |
| Taxes | 450/3 | €8,019 | €1,876 | -€6,143 | -76.6% |
| Other amounts payable | 47/48 | €17,247 | €17,993 | +€745 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,526 | €1,246 | -€280 | -18.4% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €20,832 | €19,108 | -€1,724 | -8.3% |
| Operating profit (loss) | 9901 | €18,922 | €17,475 | -€1,447 | -7.6% |
| Financial income | 75/76B | €0 | €6 | +€6 | +6,380% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +6,380% |
| Financial charges | 65/66B | €124 | €126 | +€1 | +1.0% |
| Recurring financial charges | 65 | €124 | €126 | +€1 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €18,797 | €17,356 | -€1,441 | -7.7% |
| Income taxes | 67/77 | €4,631 | €6,285 | +€1,654 | +35.7% |
| Profit (loss) for the period | 9904 | €14,167 | €11,071 | -€3,096 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,167 | €11,071 | -€3,096 | -21.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.