ZEEROOS: 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.
ZEEROOS
Largest movements
- Current investments -€2.3m
no longer reported in 2025 (was €2.3m)
- Receivables within one year +€1.1m
up €1.1m (+5,623%), from €20,332 to €1.2m
of which Other amounts receivable: +€1.1m
- Reserves -€1.0m
down €1.0m (-28.9%), from €3.5m to €2.5m
of which Distributable reserves: -€1.0m
- Other debts -€205,399
down €205,399 (-98.8%), from €207,977 to €2,578
- Tax, wage and social debts +€46,378
up €46,378 (+101%), from €45,791 to €92,169
of which Taxes: +€47,174
- Gross operating margin +€29,599
up €29,599 (+4.7%), from €634,818 to €664,417
- Financial charges -€19,354
down €19,354 (-97.0%), from €19,951 to €597
- Staff costs +€11,618
up €11,618 (+25.2%), from €46,145 to €57,763
- Financial income -€10,463
down €10,463 (-13.4%), from €77,965 to €67,502
- Taxes +€10,419
up €10,419 (+6.7%), from €156,521 to €166,940
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 | €3,937,463 | €2,758,506 | -€1.2m | -29.9% |
| Fixed assets | 21/28 | €719,158 | €708,495 | -€10,663 | -1.5% |
| Tangible fixed assets | 22/27 | €718,786 | €708,123 | -€10,663 | -1.5% |
| Land and buildings | 22 | €718,786 | €708,123 | -€10,663 | -1.5% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €3,218,305 | €2,050,011 | -€1.2m | -36.3% |
| Amounts receivable within one year | 40/41 | €20,332 | €1,163,667 | +€1.1m | +5,623% |
| Trade receivables | 40 | €13,604 | €43,919 | +€30,315 | +223% |
| Other amounts receivable | 41 | €6,728 | €1,119,748 | +€1.1m | +16,543% |
| Current investments | 50/53 | €2,288,271 | - | -€2.3m | |
| Cash at bank and in hand | 54/58 | €909,702 | €884,693 | -€25,009 | -2.7% |
| Deferred charges and accrued income | 490/1 | - | €1,651 | +€1,651 | |
| Total equity and liabilities | 10/49 | €3,937,463 | €2,758,506 | -€1.2m | -29.9% |
| Equity | 10/15 | €3,637,852 | €2,614,339 | -€1.0m | -28.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €3,537,852 | €2,514,339 | -€1.0m | -28.9% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,250 | €29,250 | = | 0.0% |
| Distributable reserves | 133 | €3,498,602 | €2,475,089 | -€1.0m | -29.3% |
| Amounts payable | 17/49 | €299,611 | €144,166 | -€155,445 | -51.9% |
| Amounts payable within one year | 42/48 | €299,611 | €144,166 | -€155,445 | -51.9% |
| Trade debts | 44 | €35,075 | €33,849 | -€1,226 | -3.5% |
| Suppliers | 440/4 | €35,075 | €33,849 | -€1,226 | -3.5% |
| Advances received on contracts in progress | 46 | €10,769 | €15,570 | +€4,802 | +44.6% |
| Taxes, remuneration and social security | 45 | €45,791 | €92,169 | +€46,378 | +101% |
| Taxes | 450/3 | €41,640 | €88,814 | +€47,174 | +113% |
| Remuneration and social security | 454/9 | €4,150 | €3,355 | -€795 | -19.2% |
| Other amounts payable | 47/48 | €207,977 | €2,578 | -€205,399 | -98.8% |
| Remuneration, social security and pensions | 62 | €46,145 | €57,763 | +€11,618 | +25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,431 | €10,663 | -€3,768 | -26.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,378 | €7,514 | -€4,864 | -39.3% |
| Other operating charges | 640/8 | €115,104 | €116,572 | +€1,468 | +1.3% |
| Gross operating margin | 9900 | €634,818 | €664,417 | +€29,599 | +4.7% |
| Operating profit (loss) | 9901 | €446,760 | €471,905 | +€25,145 | +5.6% |
| Financial income | 75/76B | €77,965 | €67,502 | -€10,463 | -13.4% |
| Recurring financial income | 75 | €77,965 | €67,502 | -€10,463 | -13.4% |
| Financial charges | 65/66B | €19,951 | €597 | -€19,354 | -97.0% |
| Recurring financial charges | 65 | €19,951 | €597 | -€19,354 | -97.0% |
| Profit (loss) for the period before taxes | 9903 | €504,774 | €538,809 | +€34,036 | +6.7% |
| Income taxes | 67/77 | €156,521 | €166,940 | +€10,419 | +6.7% |
| Profit (loss) for the period | 9904 | €348,253 | €371,869 | +€23,616 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €348,253 | €371,869 | +€23,616 | +6.8% |
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 13 October 2026 via checked.be.