zelospark: 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.
zelospark
Largest movements
- Intangible fixed assets +€30,794
up €30,794 (+15.4%), from €200,179 to €230,974
- Receivables within one year +€27,139
up €27,139 (+108.2%), from €25,082 to €52,221
of which Trade receivables: +€22,532
- Cash -€15,449
down €15,449 (-52.2%), from €29,577 to €14,128
mainly Debts after one year (-€131,945) and Investment in fixed assets (net) (-€76,600)
- Debts after one year -€131,945
down €131,945 (-100.0%), from €131,945 to €0
- Trade debts +€104,390
up €104,390 (+111.8%), from €93,364 to €197,754
- Profit (loss) carried forward +€67,478
up €67,478 (+82.3%), from -€81,954 to -€14,477
- Staff costs -€54,786
down €54,786, from €54,597 to -€189
- Gross operating margin -€17,441
down €17,441 (-12.5%), from €139,185 to €121,744
- Depreciation +€16,496
up €16,496 (+56.3%), from €29,309 to €45,806
- Financial charges +€5,255
up €5,255 (+183.1%), from €2,869 to €8,124
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 | €257,678 | €297,447 | +€39,769 | +15.4% |
| Fixed assets | 21/28 | €200,219 | €231,014 | +€30,794 | +15.4% |
| Intangible fixed assets | 21 | €200,179 | €230,974 | +€30,794 | +15.4% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €57,459 | €66,434 | +€8,975 | +15.6% |
| Amounts receivable within one year | 40/41 | €25,082 | €52,221 | +€27,139 | +108.2% |
| Trade receivables | 40 | €21,577 | €44,109 | +€22,532 | +104.4% |
| Other amounts receivable | 41 | €3,505 | €8,112 | +€4,607 | +131.4% |
| Cash at bank and in hand | 54/58 | €29,577 | €14,128 | -€15,449 | -52.2% |
| Deferred charges and accrued income | 490/1 | €2,799 | €84 | -€2,715 | -97.0% |
| Total equity and liabilities | 10/49 | €257,678 | €297,447 | +€39,769 | +15.4% |
| Equity | 10/15 | -€51,954 | €15,523 | +€67,478 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,954 | -€14,477 | +€67,478 | +82.3% |
| Amounts payable | 17/49 | €309,632 | €281,924 | -€27,709 | -8.9% |
| Amounts payable after more than one year | 17 | €131,945 | €0 | -€131,945 | -100.0% |
| Financial debts | 170/4 | €131,945 | €0 | -€131,945 | -100.0% |
| Amounts payable within one year | 42/48 | €177,688 | €281,924 | +€104,236 | +58.7% |
| Current portion of amounts payable after more than one year | 42 | €83,333 | €83,333 | = | 0.0% |
| Financial debts | 43 | €552 | €552 | +€0 | 0.0% |
| Credit institutions | 430/8 | €552 | €552 | +€0 | 0.0% |
| Trade debts | 44 | €93,364 | €197,754 | +€104,390 | +111.8% |
| Suppliers | 440/4 | €93,364 | €197,754 | +€104,390 | +111.8% |
| Taxes, remuneration and social security | 45 | €252 | €98 | -€154 | -61.1% |
| Taxes | 450/3 | €252 | €98 | -€154 | -61.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €186 | €186 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €54,597 | -€189 | -€54,786 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,309 | €45,806 | +€16,496 | +56.3% |
| Other operating charges | 640/8 | €516 | €528 | +€12 | +2.3% |
| Gross operating margin | 9900 | €139,185 | €121,744 | -€17,441 | -12.5% |
| Operating profit (loss) | 9901 | €54,762 | €75,600 | +€20,837 | +38.1% |
| Financial income | 75/76B | €24 | €0 | -€24 | -100.0% |
| Recurring financial income | 75 | €24 | €0 | -€24 | -100.0% |
| Financial charges | 65/66B | €2,869 | €8,124 | +€5,255 | +183.1% |
| Recurring financial charges | 65 | €2,869 | €8,124 | +€5,255 | +183.1% |
| Profit (loss) for the period before taxes | 9903 | €51,918 | €67,476 | +€15,558 | +30.0% |
| Income taxes | 67/77 | €102 | -€2 | -€104 | |
| Profit (loss) for the period | 9904 | €51,815 | €67,478 | +€15,662 | +30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €51,815 | €67,478 | +€15,662 | +30.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.