ZELIG & Co: 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.
ZELIG & Co
Largest movements
- Cash +€4,179
up €4,179 (+15.9%), from €26,298 to €30,476
mainly Net result for the year (+€5,799) and Depreciation (+€1,783)
- Receivables within one year +€3,500
up €3,500 (+32.9%), from €10,629 to €14,130
of which Trade receivables: +€2,859
- Tangible fixed assets -€1,783
down €1,783 (-52.4%), from €3,406 to €1,623
- Profit (loss) carried forward +€5,799
up €5,799 (+26.0%), from €22,288 to €28,086
- Gross operating margin -€3,150
down €3,150 (-21.6%), from €14,608 to €11,458
- Taxes -€642
down €642 (-18.0%), from €3,570 to €2,929
- Depreciation +€293
up €293 (+19.6%), from €1,491 to €1,783
- Other operating charges +€202
up €202 (+28.6%), from €705 to €907
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 | €40,333 | €46,408 | +€6,075 | +15.1% |
| Fixed assets | 21/28 | €3,406 | €1,623 | -€1,783 | -52.4% |
| Tangible fixed assets | 22/27 | €3,406 | €1,623 | -€1,783 | -52.4% |
| Furniture and vehicles | 24 | €3,406 | €1,623 | -€1,783 | -52.4% |
| Current assets | 29/58 | €36,927 | €44,785 | +€7,858 | +21.3% |
| Amounts receivable within one year | 40/41 | €10,629 | €14,130 | +€3,500 | +32.9% |
| Trade receivables | 40 | €10,200 | €13,058 | +€2,859 | +28.0% |
| Other amounts receivable | 41 | €430 | €1,071 | +€642 | +149.3% |
| Cash at bank and in hand | 54/58 | €26,298 | €30,476 | +€4,179 | +15.9% |
| Deferred charges and accrued income | 490/1 | - | €180 | +€180 | |
| Total equity and liabilities | 10/49 | €40,333 | €46,408 | +€6,075 | +15.1% |
| Equity | 10/15 | €34,988 | €40,786 | +€5,799 | +16.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,288 | €28,086 | +€5,799 | +26.0% |
| Amounts payable | 17/49 | €5,346 | €5,622 | +€276 | +5.2% |
| Amounts payable within one year | 42/48 | €5,346 | €5,622 | +€276 | +5.2% |
| Trade debts | 44 | €1,429 | €1,877 | +€447 | +31.3% |
| Suppliers | 440/4 | €1,429 | €1,877 | +€447 | +31.3% |
| Taxes, remuneration and social security | 45 | €3,916 | €3,745 | -€171 | -4.4% |
| Taxes | 450/3 | €3,708 | €3,537 | -€171 | -4.6% |
| Remuneration and social security | 454/9 | €208 | €208 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,491 | €1,783 | +€293 | +19.6% |
| Other operating charges | 640/8 | €705 | €907 | +€202 | +28.6% |
| Gross operating margin | 9900 | €14,608 | €11,458 | -€3,150 | -21.6% |
| Operating profit (loss) | 9901 | €12,412 | €8,768 | -€3,644 | -29.4% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €42 | €46 | +€5 | +10.8% |
| Recurring financial charges | 65 | €42 | €46 | +€5 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €12,371 | €8,727 | -€3,644 | -29.5% |
| Income taxes | 67/77 | €3,570 | €2,929 | -€642 | -18.0% |
| Profit (loss) for the period | 9904 | €8,801 | €5,799 | -€3,002 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,801 | €5,799 | -€3,002 | -34.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.