ZEKH 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.
ZEKH SERVICES
Largest movements
- Tangible fixed assets -€37,218
down €37,218 (-62.8%), from €59,275 to €22,057
of which Furniture and vehicles: -€36,672
- Receivables within one year -€7,074
down €7,074 (-8.4%), from €83,784 to €76,710
of which Trade receivables: -€20,719
- Deferred charges and accrued income +€3,459
new in 2025: €3,459
- Cash +€2,628
up €2,628 (+895.5%), from €293 to €2,921
mainly Depreciation (+€37,616) and Debts after one year (+€13,393)
- Profit (loss) carried forward -€23,299
down €23,299 (-104.8%), from -€22,227 to -€45,527
- Tax, wage and social debts -€21,549
no longer reported in 2025 (was €21,549)
- Debts after one year +€13,393
up €13,393 (+12.3%), from €109,000 to €122,393
- Trade debts -€6,148
down €6,148 (-23.2%), from €26,511 to €20,363
- Gross operating margin +€14,695
up €14,695 (+4307.9%), from €341 to €15,036
- Depreciation -€6,914
down €6,914 (-15.5%), from €44,530 to €37,616
- Other operating charges -€4,155
down €4,155 (-88.0%), from €4,720 to €565
- Taxes +€787
no longer reported in 2025 (was -€787)
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.
Cash bridge derived
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 | €143,353 | €105,148 | -€38,205 | -26.7% |
| Fixed assets | 21/28 | €59,275 | €22,057 | -€37,218 | -62.8% |
| Tangible fixed assets | 22/27 | €59,275 | €22,057 | -€37,218 | -62.8% |
| Plant, machinery and equipment | 23 | €6,110 | €5,564 | -€546 | -8.9% |
| Furniture and vehicles | 24 | €53,165 | €16,493 | -€36,672 | -69.0% |
| Current assets | 29/58 | €84,078 | €83,090 | -€987 | -1.2% |
| Amounts receivable within one year | 40/41 | €83,784 | €76,710 | -€7,074 | -8.4% |
| Trade receivables | 40 | €76,262 | €55,542 | -€20,719 | -27.2% |
| Other amounts receivable | 41 | €7,523 | €21,168 | +€13,645 | +181.4% |
| Cash at bank and in hand | 54/58 | €293 | €2,921 | +€2,628 | +895.5% |
| Deferred charges and accrued income | 490/1 | - | €3,459 | +€3,459 | |
| Total equity and liabilities | 10/49 | €143,353 | €105,148 | -€38,205 | -26.7% |
| Equity | 10/15 | -€19,727 | -€43,027 | -€23,299 | -118.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,227 | -€45,527 | -€23,299 | -104.8% |
| Amounts payable | 17/49 | €163,080 | €148,174 | -€14,906 | -9.1% |
| Amounts payable after more than one year | 17 | €109,000 | €122,393 | +€13,393 | +12.3% |
| Financial debts | 170/4 | €109,000 | €122,393 | +€13,393 | +12.3% |
| Amounts payable within one year | 42/48 | €54,080 | €25,781 | -€28,299 | -52.3% |
| Trade debts | 44 | €26,511 | €20,363 | -€6,148 | -23.2% |
| Suppliers | 440/4 | €26,511 | €20,363 | -€6,148 | -23.2% |
| Taxes, remuneration and social security | 45 | €21,549 | - | -€21,549 | |
| Taxes | 450/3 | €21,549 | - | -€21,549 | |
| Other amounts payable | 47/48 | €6,020 | €5,418 | -€602 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,530 | €37,616 | -€6,914 | -15.5% |
| Other operating charges | 640/8 | €4,720 | €565 | -€4,155 | -88.0% |
| Gross operating margin | 9900 | €341 | €15,036 | +€14,695 | +4307.9% |
| Operating profit (loss) | 9901 | -€48,909 | -€23,145 | +€25,764 | +52.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -56.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -56.0% |
| Financial charges | 65/66B | €201 | €155 | -€47 | -23.2% |
| Recurring financial charges | 65 | €201 | €155 | -€47 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | -€49,110 | -€23,299 | +€25,810 | +52.6% |
| Income taxes | 67/77 | -€787 | - | +€787 | |
| Profit (loss) for the period | 9904 | -€48,323 | -€23,299 | +€25,024 | +51.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,323 | -€23,299 | +€25,024 | +51.8% |
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 10 October 2026 via checked.be.