ZELOTTYDE: 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.
ZELOTTYDE
Largest movements
- Receivables within one year -€10,157
down €10,157 (-44.7%), from €22,704 to €12,547
of which Trade receivables: -€5,917
- Tangible fixed assets -€5,255
down €5,255 (-26.5%), from €19,855 to €14,600
of which Furniture and vehicles: -€4,992
- Stocks and contracts -€2,960
no longer reported in 2025 (was €2,960)
- Cash -€2,211
down €2,211 (-59.2%), from €3,733 to €1,522
mainly Net result for the year (-€28,645) and Trade debts (-€10,450)
- Profit (loss) carried forward -€28,645
down €28,645 (-36.5%), from -€78,399 to -€107,044
- Other debts +€20,493
up €20,493 (+50.5%), from €40,612 to €61,106
- Trade debts -€10,450
down €10,450 (-46.3%), from €22,555 to €12,106
- Gross operating margin +€3,321
up €3,321 (+18.1%), from -€18,374 to -€15,053
- Taxes -€3,089
no longer reported in 2025 (was €3,089)
- Depreciation +€1,735
up €1,735 (+49.3%), from €3,520 to €5,255
- Financial charges +€247
up €247 (+3.4%), from €7,322 to €7,569
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 | €198,818 | €178,239 | -€20,579 | -10.4% |
| Fixed assets | 21/28 | €169,293 | €164,038 | -€5,255 | -3.1% |
| Tangible fixed assets | 22/27 | €19,855 | €14,600 | -€5,255 | -26.5% |
| Plant, machinery and equipment | 23 | €571 | €308 | -€263 | -46.1% |
| Furniture and vehicles | 24 | €19,284 | €14,292 | -€4,992 | -25.9% |
| Financial fixed assets | 28 | €149,438 | €149,438 | = | 0.0% |
| Current assets | 29/58 | €29,525 | €14,202 | -€15,324 | -51.9% |
| Stocks and contracts in progress | 3 | €2,960 | - | -€2,960 | |
| Stocks | 30/36 | €2,960 | - | -€2,960 | |
| Amounts receivable within one year | 40/41 | €22,704 | €12,547 | -€10,157 | -44.7% |
| Trade receivables | 40 | €18,464 | €12,547 | -€5,917 | -32.0% |
| Other amounts receivable | 41 | €4,240 | - | -€4,240 | |
| Cash at bank and in hand | 54/58 | €3,733 | €1,522 | -€2,211 | -59.2% |
| Deferred charges and accrued income | 490/1 | €127 | €133 | +€5 | +4.0% |
| Total equity and liabilities | 10/49 | €198,818 | €178,239 | -€20,579 | -10.4% |
| Equity | 10/15 | €40,313 | €11,668 | -€28,645 | -71.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €18,712 | €18,712 | = | 0.0% |
| Tax-exempt reserves | 132 | €128 | €128 | = | 0.0% |
| Distributable reserves | 133 | €18,584 | €18,584 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,399 | -€107,044 | -€28,645 | -36.5% |
| Amounts payable | 17/49 | €158,505 | €166,571 | +€8,066 | +5.1% |
| Amounts payable within one year | 42/48 | €154,733 | €163,211 | +€8,478 | +5.5% |
| Financial debts | 43 | €90,000 | €90,000 | = | 0.0% |
| Other loans | 439 | €90,000 | €90,000 | = | 0.0% |
| Trade debts | 44 | €22,555 | €12,106 | -€10,450 | -46.3% |
| Suppliers | 440/4 | €22,555 | €12,106 | -€10,450 | -46.3% |
| Taxes, remuneration and social security | 45 | €1,566 | - | -€1,566 | |
| Taxes | 450/3 | €1,566 | - | -€1,566 | |
| Other amounts payable | 47/48 | €40,612 | €61,106 | +€20,493 | +50.5% |
| Accrued charges and deferred income | 492/3 | €3,772 | €3,360 | -€412 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,520 | €5,255 | +€1,735 | +49.3% |
| Other operating charges | 640/8 | €591 | €766 | +€175 | +29.7% |
| Gross operating margin | 9900 | -€18,374 | -€15,053 | +€3,321 | +18.1% |
| Operating profit (loss) | 9901 | -€22,485 | -€21,075 | +€1,410 | +6.3% |
| Financial charges | 65/66B | €7,322 | €7,569 | +€247 | +3.4% |
| Recurring financial charges | 65 | €7,322 | €7,569 | +€247 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€29,807 | -€28,645 | +€1,163 | +3.9% |
| Income taxes | 67/77 | €3,089 | - | -€3,089 | |
| Profit (loss) for the period | 9904 | -€32,897 | -€28,645 | +€4,252 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,897 | -€28,645 | +€4,252 | +12.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.