ZEEN INFOGRAPHE: 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.
ZEEN INFOGRAPHE
Largest movements
- Receivables within one year +€9,740
up €9,740 (+9.9%), from €98,873 to €108,613
of which Other amounts receivable: +€7,539
- Deferred charges and accrued income +€9,440
new in 2025: €9,440
- Cash +€7,258
up €7,258 (+219%), from €3,314 to €10,572
mainly Net result for the year (+€24,735) and Tax, wage and social debts (+€13,272)
- Tangible fixed assets -€3,647
down €3,647 (-2.6%), from €139,800 to €136,153
- Debts after one year -€17,489
down €17,489 (-12.5%), from €139,995 to €122,506
- Profit (loss) carried forward +€15,235
up €15,235 (+28.3%), from €53,857 to €69,092
- Tax, wage and social debts +€13,272
up €13,272 (+60.3%), from €22,002 to €35,275
- Other debts +€9,500
new in 2025: €9,500
- Current portion of long-term debt +€5,675
up €5,675 (+48.1%), from €11,789 to €17,464
- Depreciation -€7,839
down €7,839 (-68.2%), from €11,486 to €3,647
- Gross operating margin -€1,466
down €1,466 (-3.1%), from €46,891 to €45,425
- Other operating charges -€844
down €844 (-33.2%), from €2,541 to €1,697
- Taxes -€658
down €658 (-14.1%), from €4,681 to €4,023
- Financial charges +€497
up €497 (+4.6%), from €10,826 to €11,323
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 | €242,012 | €264,803 | +€22,791 | +9.4% |
| Fixed assets | 21/28 | €139,825 | €136,178 | -€3,647 | -2.6% |
| Tangible fixed assets | 22/27 | €139,800 | €136,153 | -€3,647 | -2.6% |
| Land and buildings | 22 | €139,800 | €136,153 | -€3,647 | -2.6% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €102,187 | €128,625 | +€26,438 | +25.9% |
| Amounts receivable within one year | 40/41 | €98,873 | €108,613 | +€9,740 | +9.9% |
| Trade receivables | 40 | €8,252 | €10,452 | +€2,201 | +26.7% |
| Other amounts receivable | 41 | €90,621 | €98,160 | +€7,539 | +8.3% |
| Cash at bank and in hand | 54/58 | €3,314 | €10,572 | +€7,258 | +219% |
| Deferred charges and accrued income | 490/1 | - | €9,440 | +€9,440 | |
| Total equity and liabilities | 10/49 | €242,012 | €264,803 | +€22,791 | +9.4% |
| Equity | 10/15 | €61,917 | €77,152 | +€15,235 | +24.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,857 | €69,092 | +€15,235 | +28.3% |
| Amounts payable | 17/49 | €180,095 | €187,651 | +€7,556 | +4.2% |
| Amounts payable after more than one year | 17 | €139,995 | €122,506 | -€17,489 | -12.5% |
| Financial debts | 170/4 | €139,995 | €122,506 | -€17,489 | -12.5% |
| Amounts payable within one year | 42/48 | €40,099 | €65,144 | +€25,045 | +62.5% |
| Current portion of amounts payable after more than one year | 42 | €11,789 | €17,464 | +€5,675 | +48.1% |
| Trade debts | 44 | €6,308 | €2,905 | -€3,403 | -53.9% |
| Suppliers | 440/4 | €6,308 | €2,905 | -€3,403 | -53.9% |
| Taxes, remuneration and social security | 45 | €22,002 | €35,275 | +€13,272 | +60.3% |
| Taxes | 450/3 | €22,002 | €35,275 | +€13,272 | +60.3% |
| Other amounts payable | 47/48 | - | €9,500 | +€9,500 | |
| Goods, raw materials, services and sundry goods | 60/61 | €40,449 | €40,585 | +€136 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,486 | €3,647 | -€7,839 | -68.2% |
| Other operating charges | 640/8 | €2,541 | €1,697 | -€844 | -33.2% |
| Gross operating margin | 9900 | €46,891 | €45,425 | -€1,466 | -3.1% |
| Operating profit (loss) | 9901 | €32,863 | €40,081 | +€7,218 | +22.0% |
| Financial charges | 65/66B | €10,826 | €11,323 | +€497 | +4.6% |
| Recurring financial charges | 65 | €10,826 | €11,323 | +€497 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €22,037 | €28,758 | +€6,721 | +30.5% |
| Income taxes | 67/77 | €4,681 | €4,023 | -€658 | -14.1% |
| Profit (loss) for the period | 9904 | €17,356 | €24,735 | +€7,379 | +42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,356 | €24,735 | +€7,379 | +42.5% |
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 1 November 2026 via checked.be.