ZEIZAR CONSULTING: 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.
ZEIZAR CONSULTING
Largest movements
- Receivables within one year +€70,865
up €70,865 (+635%), from €11,167 to €82,032
of which Trade receivables: +€47,027
- Cash -€16,432
down €16,432 (-43.5%), from €37,743 to €21,311
mainly Receivables within one year (-€70,865) and Investment in fixed assets (net) (-€1,505)
- Profit (loss) carried forward +€46,805
up €46,805 (+154%), from €30,313 to €77,119
- Tax, wage and social debts +€9,724
up €9,724 (+66.3%), from €14,658 to €24,381
- Gross operating margin +€22,957
up €22,957 (+56.8%), from €40,421 to €63,378
- Taxes +€6,666
up €6,666 (+76.9%), from €8,671 to €15,337
- Financial income +€671
up €671 (+431%), from €156 to €827
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 | €49,615 | €105,779 | +€56,164 | +113% |
| Fixed assets | 21/28 | €705 | €1,530 | +€825 | +117% |
| Tangible fixed assets | 22/27 | €705 | €1,530 | +€825 | +117% |
| Furniture and vehicles | 24 | €705 | €1,530 | +€825 | +117% |
| Current assets | 29/58 | €48,910 | €104,249 | +€55,339 | +113% |
| Amounts receivable within one year | 40/41 | €11,167 | €82,032 | +€70,865 | +635% |
| Trade receivables | 40 | €8,146 | €55,173 | +€47,027 | +577% |
| Other amounts receivable | 41 | €3,022 | €26,859 | +€23,838 | +789% |
| Cash at bank and in hand | 54/58 | €37,743 | €21,311 | -€16,432 | -43.5% |
| Deferred charges and accrued income | 490/1 | - | €906 | +€906 | |
| Total equity and liabilities | 10/49 | €49,615 | €105,779 | +€56,164 | +113% |
| Equity | 10/15 | €31,813 | €78,619 | +€46,805 | +147% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,313 | €77,119 | +€46,805 | +154% |
| Amounts payable | 17/49 | €17,801 | €27,160 | +€9,359 | +52.6% |
| Amounts payable within one year | 42/48 | €15,857 | €26,165 | +€10,309 | +65.0% |
| Trade debts | 44 | €366 | €951 | +€585 | +160% |
| Suppliers | 440/4 | €366 | €951 | +€585 | +160% |
| Taxes, remuneration and social security | 45 | €14,658 | €24,381 | +€9,724 | +66.3% |
| Taxes | 450/3 | €14,658 | €24,381 | +€9,724 | +66.3% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,945 | €995 | -€950 | -48.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €164 | €680 | +€516 | +314% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €40,421 | €63,378 | +€22,957 | +56.8% |
| Operating profit (loss) | 9901 | €39,869 | €62,298 | +€22,429 | +56.3% |
| Financial income | 75/76B | €156 | €827 | +€671 | +431% |
| Recurring financial income | 75 | €156 | €827 | +€671 | +431% |
| Financial charges | 65/66B | €208 | €150 | -€58 | -28.0% |
| Recurring financial charges | 65 | €208 | €150 | -€58 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | €39,817 | €62,975 | +€23,158 | +58.2% |
| Income taxes | 67/77 | €8,671 | €15,337 | +€6,666 | +76.9% |
| Profit (loss) for the period | 9904 | €31,146 | €47,638 | +€16,492 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,146 | €47,638 | +€16,492 | +52.9% |
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 28 October 2026 via checked.be.