ZELINES: 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.
ZELINES
Largest movements
- Cash +€20,968
up €20,968 (+9.0%), from €234,061 to €255,028
mainly Receivables within one year (+€11,088) and Trade debts (+€5,883)
- Receivables within one year -€11,088
down €11,088 (-57.0%), from €19,452 to €8,363
of which Other amounts receivable: -€7,969
- Trade debts +€5,883
up €5,883 (+444.5%), from €1,323 to €7,206
- Profit (loss) carried forward +€3,681
up €3,681 (+2.4%), from €150,402 to €154,083
- Gross operating margin +€24,103
up €24,103 (+36.6%), from €65,936 to €90,039
- Staff costs +€22,797
up €22,797 (+37.3%), from €61,124 to €83,921
- Financial income +€1,476
up €1,476 (+12316.6%), from €12 to €1,488
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 | €254,616 | €265,917 | +€11,301 | +4.4% |
| Fixed assets | 21/28 | €953 | €489 | -€464 | -48.7% |
| Tangible fixed assets | 22/27 | €953 | €489 | -€464 | -48.7% |
| Furniture and vehicles | 24 | €953 | €489 | -€464 | -48.7% |
| Current assets | 29/58 | €253,662 | €265,428 | +€11,765 | +4.6% |
| Amounts receivable within one year | 40/41 | €19,452 | €8,363 | -€11,088 | -57.0% |
| Trade receivables | 40 | €7,385 | €4,265 | -€3,120 | -42.2% |
| Other amounts receivable | 41 | €12,067 | €4,098 | -€7,969 | -66.0% |
| Cash at bank and in hand | 54/58 | €234,061 | €255,028 | +€20,968 | +9.0% |
| Deferred charges and accrued income | 490/1 | €150 | €2,036 | +€1,886 | +1255.8% |
| Total equity and liabilities | 10/49 | €254,616 | €265,917 | +€11,301 | +4.4% |
| Equity | 10/15 | €236,204 | €239,885 | +€3,681 | +1.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €79,602 | €79,602 | = | 0.0% |
| Distributable reserves | 133 | €79,602 | €79,602 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150,402 | €154,083 | +€3,681 | +2.4% |
| Amounts payable | 17/49 | €18,411 | €26,032 | +€7,620 | +41.4% |
| Amounts payable within one year | 42/48 | €18,411 | €26,032 | +€7,620 | +41.4% |
| Trade debts | 44 | €1,323 | €7,206 | +€5,883 | +444.5% |
| Suppliers | 440/4 | €1,323 | €7,206 | +€5,883 | +444.5% |
| Taxes, remuneration and social security | 45 | €17,088 | €18,826 | +€1,738 | +10.2% |
| Taxes | 450/3 | €3,347 | €1,907 | -€1,440 | -43.0% |
| Remuneration and social security | 454/9 | €13,741 | €16,919 | +€3,178 | +23.1% |
| Remuneration, social security and pensions | 62 | €61,124 | €83,921 | +€22,797 | +37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €934 | €464 | -€471 | -50.3% |
| Other operating charges | 640/8 | €220 | €1,103 | +€882 | +400.4% |
| Gross operating margin | 9900 | €65,936 | €90,039 | +€24,103 | +36.6% |
| Operating profit (loss) | 9901 | €3,657 | €4,551 | +€894 | +24.4% |
| Financial income | 75/76B | €12 | €1,488 | +€1,476 | +12316.6% |
| Recurring financial income | 75 | €12 | €1,488 | +€1,476 | +12316.6% |
| Financial charges | 65/66B | €339 | €454 | +€115 | +33.9% |
| Recurring financial charges | 65 | €339 | €454 | +€115 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | €3,331 | €5,585 | +€2,255 | +67.7% |
| Income taxes | 67/77 | €1,272 | €1,904 | +€632 | +49.7% |
| Profit (loss) for the period | 9904 | €2,059 | €3,681 | +€1,622 | +78.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,059 | €3,681 | +€1,622 | +78.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.