Zen Antiques: 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.
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
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 | €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 |
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 1 November 2026 via checked.be.