Zeekraal: 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.
Zeekraal
Largest movements
- Cash +€3,529
up €3,529 (+23.5%), from €14,994 to €18,523
mainly Net result for the year (+€6,406) and Receivables within one year (+€2,554)
- Receivables within one year -€2,554
down €2,554 (-38.4%), from €6,659 to €4,105
of which Other amounts receivable: -€4,304
- Profit (loss) carried forward +€6,406
up €6,406 (+3.2%), from -€199,407 to -€193,001
- Other debts -€2,750
down €2,750 (-4.4%), from €63,107 to €60,357
- Trade debts -€1,506
down €1,506 (-80.2%), from €1,878 to €372
- Accrued charges and deferred income -€1,172
down €1,172 (-16.8%), from €6,992 to €5,821
- Gross operating margin -€1,305
down €1,305 (-8.8%), from €14,890 to €13,585
- Financial charges -€1,222
down €1,222 (-21.7%), from €5,637 to €4,416
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 | €21,772 | €22,750 | +€978 | +4.5% |
| Current assets | 29/58 | €21,772 | €22,750 | +€978 | +4.5% |
| Amounts receivable within one year | 40/41 | €6,659 | €4,105 | -€2,554 | -38.4% |
| Trade receivables | 40 | €850 | €2,600 | +€1,750 | +206% |
| Other amounts receivable | 41 | €5,809 | €1,505 | -€4,304 | -74.1% |
| Cash at bank and in hand | 54/58 | €14,994 | €18,523 | +€3,529 | +23.5% |
| Deferred charges and accrued income | 490/1 | €119 | €122 | +€3 | +2.7% |
| Total equity and liabilities | 10/49 | €21,772 | €22,750 | +€978 | +4.5% |
| Equity | 10/15 | -€50,205 | -€43,799 | +€6,406 | +12.8% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €466 | €466 | = | 0.0% |
| Non-distributable reserves | 130/1 | €466 | €466 | = | 0.0% |
| Legal reserve | 130 | €466 | €466 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€199,407 | -€193,001 | +€6,406 | +3.2% |
| Amounts payable | 17/49 | €71,977 | €66,549 | -€5,428 | -7.5% |
| Amounts payable within one year | 42/48 | €64,985 | €60,729 | -€4,256 | -6.5% |
| Trade debts | 44 | €1,878 | €372 | -€1,506 | -80.2% |
| Suppliers | 440/4 | €1,878 | €372 | -€1,506 | -80.2% |
| Other amounts payable | 47/48 | €63,107 | €60,357 | -€2,750 | -4.4% |
| Accrued charges and deferred income | 492/3 | €6,992 | €5,821 | -€1,172 | -16.8% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €14,890 | €13,585 | -€1,305 | -8.8% |
| Operating profit (loss) | 9901 | €14,376 | €13,057 | -€1,319 | -9.2% |
| Financial charges | 65/66B | €5,637 | €4,416 | -€1,222 | -21.7% |
| Recurring financial charges | 65 | €5,637 | €4,416 | -€1,222 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €8,739 | €8,642 | -€97 | -1.1% |
| Income taxes | 67/77 | €2,260 | €2,235 | -€24 | -1.1% |
| Profit (loss) for the period | 9904 | €6,479 | €6,406 | -€73 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,479 | €6,406 | -€73 | -1.1% |
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 24 October 2026 via checked.be.