Zen Antiques: what changed
Zen Antiques
Largest movements
- Stocks and contracts -€4,155
down €4,155 (-15.2%), from €27,420 to €23,265
- Receivables within one year +€2,856
up €2,856 (+215%), from €1,331 to €4,188
of which Trade receivables: +€3,808
- Tangible fixed assets -€874
down €874 (-52.4%), from €1,670 to €795
of which Furniture and vehicles: -€623
- Cash +€373
new in 2025: €373
mainly Stocks and contracts (+€4,155) and Net result for the year (+€1,576)
- Other debts -€3,082
down €3,082 (-8.6%), from €35,971 to €32,889
- Profit (loss) carried forward +€1,576
up €1,576 (+8.0%), from -€19,609 to -€18,033
- Tax, wage and social debts +€1,521
new in 2025: €1,521
- Short-term financial debts -€1,452
down €1,452 (-100%), from €1,452 to €0
- Trade debts -€363
down €363 (-13.9%), from €2,608 to €2,244
- Gross operating margin +€21,193
up €21,193, from -€18,018 to €3,175
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,421 | €28,621 | -€1,800 | -5.9% |
| Fixed assets | 21/28 | €1,670 | €795 | -€874 | -52.4% |
| Tangible fixed assets | 22/27 | €1,670 | €795 | -€874 | -52.4% |
| Plant, machinery and equipment | 23 | €481 | €229 | -€252 | -52.4% |
| Furniture and vehicles | 24 | €1,189 | €566 | -€623 | -52.4% |
| Current assets | 29/58 | €28,751 | €27,826 | -€925 | -3.2% |
| Stocks and contracts in progress | 3 | €27,420 | €23,265 | -€4,155 | -15.2% |
| Stocks | 30/36 | €27,420 | €23,265 | -€4,155 | -15.2% |
| Amounts receivable within one year | 40/41 | €1,331 | €4,188 | +€2,856 | +215% |
| Trade receivables | 40 | €380 | €4,188 | +€3,808 | +1,002% |
| Other amounts receivable | 41 | €951 | €0 | -€951 | -100% |
| Cash at bank and in hand | 54/58 | - | €373 | +€373 | |
| Total equity and liabilities | 10/49 | €30,421 | €28,621 | -€1,800 | -5.9% |
| Equity | 10/15 | -€9,609 | -€8,033 | +€1,576 | +16.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,609 | -€18,033 | +€1,576 | +8.0% |
| Amounts payable | 17/49 | €40,030 | €36,655 | -€3,376 | -8.4% |
| Amounts payable within one year | 42/48 | €40,030 | €36,655 | -€3,376 | -8.4% |
| Financial debts | 43 | €1,452 | €0 | -€1,452 | -100% |
| Credit institutions | 430/8 | €1,452 | €0 | -€1,452 | -100% |
| Trade debts | 44 | €2,608 | €2,244 | -€363 | -13.9% |
| Suppliers | 440/4 | €2,608 | €2,244 | -€363 | -13.9% |
| Taxes, remuneration and social security | 45 | - | €1,521 | +€1,521 | |
| Taxes | 450/3 | - | €1,521 | +€1,521 | |
| Other amounts payable | 47/48 | €35,971 | €32,889 | -€3,082 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €954 | €874 | -€79 | -8.3% |
| Other operating charges | 640/8 | €294 | €370 | +€76 | +25.8% |
| Gross operating margin | 9900 | -€18,018 | €3,175 | +€21,193 | |
| Operating profit (loss) | 9901 | -€19,266 | €1,931 | +€21,196 | |
| Financial income | 75/76B | €106 | €0 | -€106 | -100% |
| Recurring financial income | 75 | €106 | €0 | -€106 | -100% |
| Financial charges | 65/66B | €450 | €355 | -€95 | -21.1% |
| Recurring financial charges | 65 | €450 | €355 | -€95 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | -€19,609 | €1,576 | +€21,185 | |
| Profit (loss) for the period | 9904 | -€19,609 | €1,576 | +€21,185 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,609 | €1,576 | +€21,185 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.