Zemik: 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.
Zemik
Largest movements
- Receivables within one year -€57,781
down €57,781 (-67.5%), from €85,633 to €27,852
of which Other amounts receivable: -€60,586
- Cash +€6,362
up €6,362 (+29.3%), from €21,714 to €28,076
mainly Receivables within one year (+€57,781) and Net result for the year (+€36,123)
- Tangible fixed assets -€1,887
down €1,887 (-35.2%), from €5,362 to €3,474
- Other debts -€49,300
down €49,300 (-63.7%), from €77,350 to €28,050
- Tax, wage and social debts -€8,701
down €8,701 (-30.7%), from €28,376 to €19,675
of which Taxes: -€6,373
- Profit (loss) carried forward +€3,123
up €3,123 (+132%), from €2,363 to €5,487
- Trade debts +€1,769
up €1,769 (+127%), from €1,388 to €3,158
- Gross operating margin -€841
down €841 (-1.6%), from €51,329 to €50,487
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €114,260 | €60,369 | -€53,891 | -47.2% |
| Fixed assets | 21/28 | €5,587 | €3,999 | -€1,587 | -28.4% |
| Tangible fixed assets | 22/27 | €5,362 | €3,474 | -€1,887 | -35.2% |
| Furniture and vehicles | 24 | €5,362 | €3,474 | -€1,887 | -35.2% |
| Financial fixed assets | 28 | €225 | €525 | +€300 | +133% |
| Current assets | 29/58 | €108,674 | €56,370 | -€52,304 | -48.1% |
| Amounts receivable within one year | 40/41 | €85,633 | €27,852 | -€57,781 | -67.5% |
| Trade receivables | 40 | €15,815 | €18,620 | +€2,805 | +17.7% |
| Other amounts receivable | 41 | €69,818 | €9,232 | -€60,586 | -86.8% |
| Cash at bank and in hand | 54/58 | €21,714 | €28,076 | +€6,362 | +29.3% |
| Deferred charges and accrued income | 490/1 | €1,326 | €442 | -€885 | -66.7% |
| Total equity and liabilities | 10/49 | €114,260 | €60,369 | -€53,891 | -47.2% |
| Equity | 10/15 | €6,363 | €9,487 | +€3,123 | +49.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,363 | €5,487 | +€3,123 | +132% |
| Amounts payable | 17/49 | €107,897 | €50,883 | -€57,015 | -52.8% |
| Amounts payable within one year | 42/48 | €107,114 | €50,883 | -€56,231 | -52.5% |
| Trade debts | 44 | €1,388 | €3,158 | +€1,769 | +127% |
| Suppliers | 440/4 | €1,388 | €3,158 | +€1,769 | +127% |
| Taxes, remuneration and social security | 45 | €28,376 | €19,675 | -€8,701 | -30.7% |
| Taxes | 450/3 | €26,048 | €19,675 | -€6,373 | -24.5% |
| Remuneration and social security | 454/9 | €2,327 | - | -€2,327 | |
| Other amounts payable | 47/48 | €77,350 | €28,050 | -€49,300 | -63.7% |
| Accrued charges and deferred income | 492/3 | €783 | €0 | -€783 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,086 | €3,043 | -€43 | -1.4% |
| Other operating charges | 640/8 | €485 | €829 | +€344 | +70.9% |
| Gross operating margin | 9900 | €51,329 | €50,487 | -€841 | -1.6% |
| Operating profit (loss) | 9901 | €47,758 | €46,615 | -€1,143 | -2.4% |
| Financial income | 75/76B | €1,962 | €1,972 | +€9 | +0.5% |
| Recurring financial income | 75 | €1,962 | €1,972 | +€9 | +0.5% |
| Financial charges | 65/66B | €635 | €697 | +€62 | +9.8% |
| Recurring financial charges | 65 | €635 | €697 | +€62 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €49,085 | €47,890 | -€1,195 | -2.4% |
| Income taxes | 67/77 | €11,927 | €11,766 | -€161 | -1.3% |
| Profit (loss) for the period | 9904 | €37,158 | €36,123 | -€1,035 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,158 | €36,123 | -€1,035 | -2.8% |
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 24 October 2026 via checked.be.