ZEG SERVICES: 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.
ZEG SERVICES
Largest movements
- Tangible fixed assets -€7,444
down €7,444 (-30.6%), from €24,317 to €16,872
of which Furniture and vehicles: -€7,050
- Cash +€2,593
up €2,593 (+36.6%), from €7,076 to €9,668
mainly Net result for the year (+€12,257) and Depreciation (+€9,696)
- Receivables within one year +€1,292
up €1,292 (+5.9%), from €22,029 to €23,322
of which Other amounts receivable: +€3,228
- Other debts -€25,058
no longer reported in 2025 (was €25,058)
- Profit (loss) carried forward +€12,257
up €12,257 (+89.8%), from -€13,647 to -€1,390
- Tax, wage and social debts +€5,373
up €5,373 (+26.7%), from €20,103 to €25,477
of which Remuneration and social security: +€4,312
- Trade debts +€3,868
up €3,868 (+32.5%), from €11,908 to €15,776
- Gross operating margin +€77,346
up €77,346 (+249%), from €31,121 to €108,468
- Staff costs +€57,366
up €57,366 (+331%), from €17,313 to €74,679
- Other operating charges +€9,730
up €9,730 (+481%), from €2,022 to €11,753
- Depreciation +€4,630
up €4,630 (+91.4%), from €5,066 to €9,696
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 | €53,422 | €49,862 | -€3,560 | -6.7% |
| Fixed assets | 21/28 | €24,317 | €16,872 | -€7,444 | -30.6% |
| Tangible fixed assets | 22/27 | €24,317 | €16,872 | -€7,444 | -30.6% |
| Plant, machinery and equipment | 23 | €1,158 | €764 | -€394 | -34.0% |
| Furniture and vehicles | 24 | €23,159 | €16,109 | -€7,050 | -30.4% |
| Current assets | 29/58 | €29,105 | €32,990 | +€3,885 | +13.3% |
| Amounts receivable within one year | 40/41 | €22,029 | €23,322 | +€1,292 | +5.9% |
| Trade receivables | 40 | €22,029 | €20,093 | -€1,936 | -8.8% |
| Other amounts receivable | 41 | - | €3,228 | +€3,228 | |
| Cash at bank and in hand | 54/58 | €7,076 | €9,668 | +€2,593 | +36.6% |
| Total equity and liabilities | 10/49 | €53,422 | €49,862 | -€3,560 | -6.7% |
| Equity | 10/15 | -€3,647 | €8,610 | +€12,257 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,647 | -€1,390 | +€12,257 | +89.8% |
| Amounts payable | 17/49 | €57,069 | €41,253 | -€15,817 | -27.7% |
| Amounts payable within one year | 42/48 | €57,069 | €41,253 | -€15,817 | -27.7% |
| Trade debts | 44 | €11,908 | €15,776 | +€3,868 | +32.5% |
| Suppliers | 440/4 | €11,908 | €15,776 | +€3,868 | +32.5% |
| Taxes, remuneration and social security | 45 | €20,103 | €25,477 | +€5,373 | +26.7% |
| Taxes | 450/3 | €3,017 | €4,078 | +€1,061 | +35.2% |
| Remuneration and social security | 454/9 | €17,086 | €21,399 | +€4,312 | +25.2% |
| Other amounts payable | 47/48 | €25,058 | - | -€25,058 | |
| Remuneration, social security and pensions | 62 | €17,313 | €74,679 | +€57,366 | +331% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,066 | €9,696 | +€4,630 | +91.4% |
| Other operating charges | 640/8 | €2,022 | €11,753 | +€9,730 | +481% |
| Gross operating margin | 9900 | €31,121 | €108,468 | +€77,346 | +249% |
| Operating profit (loss) | 9901 | €6,720 | €12,340 | +€5,620 | +83.6% |
| Financial charges | 65/66B | €51 | €83 | +€31 | +61.3% |
| Recurring financial charges | 65 | €51 | €83 | +€31 | +61.3% |
| Profit (loss) for the period before taxes | 9903 | €6,669 | €12,257 | +€5,588 | +83.8% |
| Profit (loss) for the period | 9904 | €6,669 | €12,257 | +€5,588 | +83.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,669 | €12,257 | +€5,588 | +83.8% |
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 27 October 2026 via checked.be.