ZELLIA: 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.
ZELLIA
Largest movements
- Cash +€3,275
up €3,275 (+13.0%), from €25,192 to €28,467
mainly Depreciation (+€4,389) and Trade debts (+€1,978)
- Intangible fixed assets -€2,500
down €2,500 (-50.0%), from €5,000 to €2,500
- Receivables within one year +€1,954
up €1,954 (+15.4%), from €12,716 to €14,671
of which Trade receivables: +€2,322
- Deferred charges and accrued income +€1,773
up €1,773 (+456.6%), from €388 to €2,161
- Tangible fixed assets -€1,289
down €1,289 (-27.1%), from €4,754 to €3,464
of which Furniture and vehicles: -€1,516
- Trade debts +€1,978
up €1,978 (+158.7%), from €1,246 to €3,224
- Reserves +€1,809
up €1,809 (+12.2%), from €14,863 to €16,672
- Accrued charges and deferred income -€690
down €690 (-84.7%), from €814 to €125
- Gross operating margin -€13,493
down €13,493 (-50.4%), from €26,786 to €13,293
- Financial charges -€2,501
down €2,501 (-30.3%), from €8,254 to €5,753
of which Non-recurring financial charges: -€1,655
- Financial income +€1,779
up €1,779 (+8893400.0%), from €0 to €1,779
- Depreciation +€1,033
up €1,033 (+30.8%), from €3,357 to €4,389
- Other operating charges +€958
up €958 (+90.9%), from €1,054 to €2,012
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 | €48,250 | €51,463 | +€3,213 | +6.7% |
| Fixed assets | 21/28 | €9,954 | €6,164 | -€3,789 | -38.1% |
| Intangible fixed assets | 21 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Tangible fixed assets | 22/27 | €4,754 | €3,464 | -€1,289 | -27.1% |
| Plant, machinery and equipment | 23 | €562 | €789 | +€227 | +40.4% |
| Furniture and vehicles | 24 | €4,192 | €2,675 | -€1,516 | -36.2% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €38,297 | €45,299 | +€7,002 | +18.3% |
| Amounts receivable within one year | 40/41 | €12,716 | €14,671 | +€1,954 | +15.4% |
| Trade receivables | 40 | €2,798 | €5,120 | +€2,322 | +83.0% |
| Other amounts receivable | 41 | €9,918 | €9,550 | -€368 | -3.7% |
| Cash at bank and in hand | 54/58 | €25,192 | €28,467 | +€3,275 | +13.0% |
| Deferred charges and accrued income | 490/1 | €388 | €2,161 | +€1,773 | +456.6% |
| Total equity and liabilities | 10/49 | €48,250 | €51,463 | +€3,213 | +6.7% |
| Equity | 10/15 | €43,242 | €45,051 | +€1,809 | +4.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €18,550 | - | -€18,550 | |
| Other | 1109/19 | €18,550 | - | -€18,550 | |
| Reserves | 13 | €14,863 | €16,672 | +€1,809 | +12.2% |
| Distributable reserves | 133 | €14,863 | €16,672 | +€1,809 | +12.2% |
| Profit (loss) carried forward | 14 | €9,828 | €9,828 | = | 0.0% |
| Amounts payable | 17/49 | €5,008 | €6,412 | +€1,404 | +28.0% |
| Amounts payable within one year | 42/48 | €4,194 | €6,288 | +€2,094 | +49.9% |
| Trade debts | 44 | €1,246 | €3,224 | +€1,978 | +158.7% |
| Suppliers | 440/4 | €1,246 | €3,224 | +€1,978 | +158.7% |
| Taxes, remuneration and social security | 45 | €2,948 | €3,064 | +€116 | +3.9% |
| Taxes | 450/3 | €1,316 | €1,425 | +€109 | +8.2% |
| Remuneration and social security | 454/9 | €1,632 | €1,639 | +€7 | +0.4% |
| Accrued charges and deferred income | 492/3 | €814 | €125 | -€690 | -84.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,357 | €4,389 | +€1,033 | +30.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€100 | €0 | +€100 | |
| Other operating charges | 640/8 | €1,054 | €2,012 | +€958 | +90.9% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €26,786 | €13,293 | -€13,493 | -50.4% |
| Operating profit (loss) | 9901 | €22,475 | €6,891 | -€15,584 | -69.3% |
| Financial income | 75/76B | €0 | €1,779 | +€1,779 | +8893400.0% |
| Recurring financial income | 75 | €0 | €1,779 | +€1,779 | +8893400.0% |
| Financial charges | 65/66B | €8,254 | €5,753 | -€2,501 | -30.3% |
| Recurring financial charges | 65 | €6,599 | €5,753 | -€846 | -12.8% |
| Non-recurring financial charges | 66B | €1,655 | - | -€1,655 | |
| Profit (loss) for the period before taxes | 9903 | €14,221 | €2,917 | -€11,304 | -79.5% |
| Income taxes | 67/77 | €1,316 | €1,109 | -€207 | -15.8% |
| Profit (loss) for the period | 9904 | €12,905 | €1,809 | -€11,096 | -86.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,905 | €1,809 | -€11,096 | -86.0% |
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 12 October 2026 via checked.be.