ZELIUS: 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.
What changed
ZELIUS
NACE 95.230, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€14,473
2024 · €25,759-€11,286
Equity
€209,159
2024 · €198,086+€11,073
Cash
€100,383
2024 · €99,179+€1,203
Balance sheet total
€269,136
2024 · €266,908+€2,228
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Reserves +€11,073
up €11,073 (+8.1%), from €136,086 to €147,159
of which Distributable reserves: +€11,073
- Debts after one year -€6,753
down €6,753 (-38.9%), from €17,372 to €10,619
- Tax, wage and social debts -€4,628
down €4,628 (-15.8%), from €29,295 to €24,668
of which Remuneration and social security: -€2,523
Income statement
- Staff costs +€20,675
up €20,675 (+14.9%), from €139,092 to €159,767
- Gross operating margin +€8,699
up €8,699 (+4.8%), from €181,900 to €190,599
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.
Result 2024
€25,759
Gross operating margin
+€8,699
Staff costs
-€20,675
Depreciation
-€172
Other operating charges
+€244
Financial income
+€1,142
Financial charges
+€85
Taxes
-€609
Result 2025
€14,473
raises the resultlowers the result
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.
From operations
+€20,503
Investment
-€9,279
Financing
-€10,021
Cash 2024
€99,179
From operations (derived)
+€20,503
Net result for the year
+€14,473
Depreciation
+€11,888
Stocks and contracts
+€1,365
Receivables within one year
-€2,310
Deferred charges and accrued income
-€2,689
Trade debts
+€2,382
Tax, wage and social debts
-€4,628
Other debts
+€21
Investment (derived)
-€9,279
Investment in fixed assets (net)
-€9,279
Financing
-€10,021
Debts after one year
-€6,753
Current portion of long-term debt
+€133
Contributions, distributions and other
-€3,400
Cash 2025
€100,383
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €266,908 | €269,136 | +€2,228 | +0.8% |
| Fixed assets | 21/28 | €28,890 | €26,281 | -€2,609 | -9.0% |
| Tangible fixed assets | 22/27 | €28,890 | €26,281 | -€2,609 | -9.0% |
| Plant, machinery and equipment | 23 | €19,203 | €16,417 | -€2,786 | -14.5% |
| Furniture and vehicles | 24 | €0 | €2,854 | +€2,854 | |
| Other tangible fixed assets | 26 | €9,687 | €7,010 | -€2,677 | -27.6% |
| Current assets | 29/58 | €238,018 | €242,855 | +€4,837 | +2.0% |
| Amounts receivable after more than one year | 29 | €65,000 | €65,000 | = | 0.0% |
| Other amounts receivable | 291 | €65,000 | €65,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €62,034 | €60,669 | -€1,365 | -2.2% |
| Stocks | 30/36 | €62,034 | €60,669 | -€1,365 | -2.2% |
| Amounts receivable within one year | 40/41 | €8,601 | €10,911 | +€2,310 | +26.9% |
| Trade receivables | 40 | €4,517 | €7,417 | +€2,899 | +64.2% |
| Other amounts receivable | 41 | €4,083 | €3,494 | -€589 | -14.4% |
| Cash at bank and in hand | 54/58 | €99,179 | €100,383 | +€1,203 | +1.2% |
| Deferred charges and accrued income | 490/1 | €3,204 | €5,893 | +€2,689 | +83.9% |
| Total equity and liabilities | 10/49 | €266,908 | €269,136 | +€2,228 | +0.8% |
| Equity | 10/15 | €198,086 | €209,159 | +€11,073 | +5.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €136,086 | €147,159 | +€11,073 | +8.1% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €136,086 | €147,159 | +€11,073 | +8.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €68,822 | €59,977 | -€8,845 | -12.9% |
| Amounts payable after more than one year | 17 | €17,372 | €10,619 | -€6,753 | -38.9% |
| Financial debts | 170/4 | €17,372 | €10,619 | -€6,753 | -38.9% |
| Amounts payable within one year | 42/48 | €51,449 | €49,358 | -€2,091 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €6,621 | €6,753 | +€133 | +2.0% |
| Trade debts | 44 | €9,700 | €12,082 | +€2,382 | +24.6% |
| Suppliers | 440/4 | €9,700 | €12,082 | +€2,382 | +24.6% |
| Taxes, remuneration and social security | 45 | €29,295 | €24,668 | -€4,628 | -15.8% |
| Taxes | 450/3 | €7,816 | €5,712 | -€2,104 | -26.9% |
| Remuneration and social security | 454/9 | €21,479 | €18,956 | -€2,523 | -11.7% |
| Other amounts payable | 47/48 | €5,833 | €5,855 | +€21 | +0.4% |
| Remuneration, social security and pensions | 62 | €139,092 | €159,767 | +€20,675 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,715 | €11,888 | +€172 | +1.5% |
| Other operating charges | 640/8 | €817 | €572 | -€244 | -29.9% |
| Gross operating margin | 9900 | €181,900 | €190,599 | +€8,699 | +4.8% |
| Operating profit (loss) | 9901 | €30,276 | €18,372 | -€11,904 | -39.3% |
| Financial income | 75/76B | €2,401 | €3,543 | +€1,142 | +47.5% |
| Recurring financial income | 75 | €2,401 | €3,543 | +€1,142 | +47.5% |
| Financial charges | 65/66B | €871 | €786 | -€85 | -9.8% |
| Recurring financial charges | 65 | €871 | €786 | -€85 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €31,806 | €21,129 | -€10,677 | -33.6% |
| Income taxes | 67/77 | €6,048 | €6,656 | +€609 | +10.1% |
| Profit (loss) for the period | 9904 | €25,759 | €14,473 | -€11,286 | -43.8% |
| Transfer from tax-exempt reserves | 789 | €2,975 | €0 | -€2,975 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €28,734 | €14,473 | -€14,261 | -49.6% |
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 16 October 2026 via checked.be.