ZEIM: what changed
Two fiscal 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.
ZEIM
Largest movements
- Receivables within one year +€15,077
up €15,077 (+120.6%), from €12,499 to €27,576
of which Other amounts receivable: +€26,362
- Cash -€2,550
down €2,550 (-15.6%), from €16,360 to €13,809
mainly Receivables within one year (-€15,077) and Tax, wage and social debts (-€1,168)
- Reserves +€9,353
up €9,353 (+45.4%), from €20,596 to €29,949
- Trade debts +€4,683
up €4,683 (+4196.0%), from €112 to €4,794
- Tax, wage and social debts -€1,168
down €1,168 (-25.6%), from €4,563 to €3,395
- Gross operating margin -€14,699
down €14,699 (-54.8%), from €26,846 to €12,147
- Taxes -€2,596
down €2,596 (-52.7%), from €4,927 to €2,331
- Financial income +€1,214
new in 2024: €1,214
- Depreciation +€356
up €356 (+113.7%), from €313 to €670
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,271 | €43,139 | +€12,868 | +42.5% |
| Fixed assets | 21/28 | €1,412 | €1,753 | +€341 | +24.1% |
| Tangible fixed assets | 22/27 | €1,412 | €1,753 | +€341 | +24.1% |
| Land and buildings | 22 | €1,114 | €682 | -€432 | -38.8% |
| Plant, machinery and equipment | 23 | €299 | €691 | +€392 | +131.3% |
| Furniture and vehicles | 24 | - | €381 | +€381 | |
| Current assets | 29/58 | €28,858 | €41,385 | +€12,527 | +43.4% |
| Amounts receivable within one year | 40/41 | €12,499 | €27,576 | +€15,077 | +120.6% |
| Trade receivables | 40 | €12,499 | €1,214 | -€11,285 | -90.3% |
| Other amounts receivable | 41 | - | €26,362 | +€26,362 | |
| Cash at bank and in hand | 54/58 | €16,360 | €13,809 | -€2,550 | -15.6% |
| Total equity and liabilities | 10/49 | €30,271 | €43,139 | +€12,868 | +42.5% |
| Equity | 10/15 | €25,596 | €34,949 | +€9,353 | +36.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,596 | €29,949 | +€9,353 | +45.4% |
| Distributable reserves | 133 | €20,596 | €29,949 | +€9,353 | +45.4% |
| Amounts payable | 17/49 | €4,675 | €8,189 | +€3,514 | +75.2% |
| Amounts payable within one year | 42/48 | €4,675 | €8,189 | +€3,514 | +75.2% |
| Trade debts | 44 | €112 | €4,794 | +€4,683 | +4196.0% |
| Suppliers | 440/4 | €112 | €4,794 | +€4,683 | +4196.0% |
| Taxes, remuneration and social security | 45 | €4,563 | €3,395 | -€1,168 | -25.6% |
| Taxes | 450/3 | €4,563 | €3,395 | -€1,168 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €313 | €670 | +€356 | +113.7% |
| Other operating charges | 640/8 | €868 | €946 | +€78 | +9.0% |
| Gross operating margin | 9900 | €26,846 | €12,147 | -€14,699 | -54.8% |
| Operating profit (loss) | 9901 | €25,664 | €10,531 | -€15,133 | -59.0% |
| Financial income | 75/76B | - | €1,214 | +€1,214 | |
| Recurring financial income | 75 | - | €1,214 | +€1,214 | |
| Financial charges | 65/66B | €141 | €60 | -€81 | -57.4% |
| Recurring financial charges | 65 | €141 | €60 | -€81 | -57.4% |
| Profit (loss) for the period before taxes | 9903 | €25,523 | €11,684 | -€13,839 | -54.2% |
| Income taxes | 67/77 | €4,927 | €2,331 | -€2,596 | -52.7% |
| Profit (loss) for the period | 9904 | €20,596 | €9,353 | -€11,243 | -54.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,596 | €9,353 | -€11,243 | -54.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.