ZELY: 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.
ZELY
Largest movements
- Cash -€42,724
down €42,724 (-58.4%), from €73,120 to €30,397
mainly Net result for the year (-€28,514) and Tax, wage and social debts (-€20,576)
- Receivables after one year -€7,300
down €7,300 (-44.8%), from €16,300 to €9,000
- Receivables within one year +€3,640
up €3,640 (+17.7%), from €20,600 to €24,240
of which Other amounts receivable: +€12,660
- Tangible fixed assets -€2,224
down €2,224 (-42.2%), from €5,274 to €3,050
- Profit (loss) carried forward -€28,514
down €28,514 (-31.6%), from €90,121 to €61,607
- Tax, wage and social debts -€20,576
down €20,576 (-93.3%), from €22,043 to €1,467
- Gross operating margin -€69,036
down €69,036, from €43,479 to -€25,556
- Taxes -€9,367
down €9,367 (-98.6%), from €9,499 to €132
- Other operating charges +€488
new in 2025: €488
- Depreciation +€453
up €453 (+25.6%), from €1,771 to €2,224
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 | €115,295 | €66,687 | -€48,608 | -42.2% |
| Fixed assets | 21/28 | €5,274 | €3,050 | -€2,224 | -42.2% |
| Tangible fixed assets | 22/27 | €5,274 | €3,050 | -€2,224 | -42.2% |
| Furniture and vehicles | 24 | €5,274 | €3,050 | -€2,224 | -42.2% |
| Current assets | 29/58 | €110,021 | €63,637 | -€46,384 | -42.2% |
| Amounts receivable after more than one year | 29 | €16,300 | €9,000 | -€7,300 | -44.8% |
| Other amounts receivable | 291 | €16,300 | €9,000 | -€7,300 | -44.8% |
| Amounts receivable within one year | 40/41 | €20,600 | €24,240 | +€3,640 | +17.7% |
| Trade receivables | 40 | €20,600 | €11,580 | -€9,021 | -43.8% |
| Other amounts receivable | 41 | - | €12,660 | +€12,660 | |
| Cash at bank and in hand | 54/58 | €73,120 | €30,397 | -€42,724 | -58.4% |
| Total equity and liabilities | 10/49 | €115,295 | €66,687 | -€48,608 | -42.2% |
| Equity | 10/15 | €92,121 | €63,607 | -€28,514 | -31.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,121 | €61,607 | -€28,514 | -31.6% |
| Amounts payable | 17/49 | €23,174 | €3,079 | -€20,095 | -86.7% |
| Amounts payable within one year | 42/48 | €23,174 | €3,079 | -€20,095 | -86.7% |
| Trade debts | 44 | €748 | €1,115 | +€366 | +49.0% |
| Suppliers | 440/4 | €748 | €1,115 | +€366 | +49.0% |
| Taxes, remuneration and social security | 45 | €22,043 | €1,467 | -€20,576 | -93.3% |
| Taxes | 450/3 | €22,043 | €1,467 | -€20,576 | -93.3% |
| Other amounts payable | 47/48 | €382 | €497 | +€115 | +30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,771 | €2,224 | +€453 | +25.6% |
| Other operating charges | 640/8 | - | €488 | +€488 | |
| Gross operating margin | 9900 | €43,479 | -€25,556 | -€69,036 | |
| Operating profit (loss) | 9901 | €41,708 | -€28,269 | -€69,977 | |
| Financial income | 75/76B | €326 | - | -€326 | |
| Recurring financial income | 75 | €326 | - | -€326 | |
| Financial charges | 65/66B | €308 | €113 | -€195 | -63.5% |
| Recurring financial charges | 65 | €308 | €113 | -€195 | -63.5% |
| Profit (loss) for the period before taxes | 9903 | €41,726 | -€28,382 | -€70,108 | |
| Income taxes | 67/77 | €9,499 | €132 | -€9,367 | -98.6% |
| Profit (loss) for the period | 9904 | €32,227 | -€28,514 | -€60,741 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,227 | -€28,514 | -€60,741 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.