ZEN COIFFURE: 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 COIFFURE
Largest movements
- Receivables within one year -€28,072
down €28,072 (-49.4%), from €56,806 to €28,734
- Tangible fixed assets -€8,815
down €8,815 (-30.3%), from €29,136 to €20,321
of which Furniture and vehicles: -€6,686
- Cash +€3,621
up €3,621 (+13.8%), from €26,190 to €29,812
mainly Receivables within one year (+€28,072) and Net result for the year (+€20,749)
- Stocks and contracts -€1,517
down €1,517 (-11.5%), from €13,193 to €11,676
- Reserves -€28,000
down €28,000 (-47.6%), from €58,860 to €30,860
of which Distributable reserves: -€28,000
- Tax, wage and social debts +€9,080
up €9,080 (+123%), from €7,356 to €16,435
of which Taxes: +€11,250
- Trade debts -€6,594
down €6,594 (-99.7%), from €6,615 to €21
- Debts after one year -€6,478
no longer reported in 2025 (was €6,478)
- Current portion of long-term debt -€4,575
down €4,575 (-41.4%), from €11,054 to €6,478
- Gross operating margin +€12,307
up €12,307 (+20.0%), from €61,495 to €73,802
- Taxes +€3,275
up €3,275 (+45.3%), from €7,234 to €10,510
- Depreciation -€1,682
down €1,682 (-11.9%), from €14,133 to €12,450
- Other operating charges +€1,419
up €1,419 (+119%), from €1,194 to €2,613
- Financial charges -€1,182
down €1,182 (-58.1%), from €2,037 to €855
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 | €126,833 | €90,993 | -€35,840 | -28.3% |
| Fixed assets | 21/28 | €29,136 | €20,321 | -€8,815 | -30.3% |
| Tangible fixed assets | 22/27 | €29,136 | €20,321 | -€8,815 | -30.3% |
| Plant, machinery and equipment | 23 | €17,615 | €16,433 | -€1,182 | -6.7% |
| Furniture and vehicles | 24 | €10,171 | €3,486 | -€6,686 | -65.7% |
| Other tangible fixed assets | 26 | €1,349 | €402 | -€947 | -70.2% |
| Current assets | 29/58 | €97,697 | €70,672 | -€27,025 | -27.7% |
| Stocks and contracts in progress | 3 | €13,193 | €11,676 | -€1,517 | -11.5% |
| Stocks | 30/36 | €13,193 | €11,676 | -€1,517 | -11.5% |
| Amounts receivable within one year | 40/41 | €56,806 | €28,734 | -€28,072 | -49.4% |
| Trade receivables | 40 | €56,806 | €28,734 | -€28,072 | -49.4% |
| Cash at bank and in hand | 54/58 | €26,190 | €29,812 | +€3,621 | +13.8% |
| Deferred charges and accrued income | 490/1 | €1,507 | €450 | -€1,057 | -70.1% |
| Total equity and liabilities | 10/49 | €126,833 | €90,993 | -€35,840 | -28.3% |
| Equity | 10/15 | €95,050 | €67,799 | -€27,251 | -28.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €58,860 | €30,860 | -€28,000 | -47.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €57,000 | €29,000 | -€28,000 | -49.1% |
| Profit (loss) carried forward | 14 | €29,990 | €30,739 | +€749 | +2.5% |
| Amounts payable | 17/49 | €31,783 | €23,194 | -€8,589 | -27.0% |
| Amounts payable after more than one year | 17 | €6,478 | - | -€6,478 | |
| Financial debts | 170/4 | €6,478 | - | -€6,478 | |
| Amounts payable within one year | 42/48 | €25,305 | €23,194 | -€2,111 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €11,054 | €6,478 | -€4,575 | -41.4% |
| Trade debts | 44 | €6,615 | €21 | -€6,594 | -99.7% |
| Suppliers | 440/4 | €6,615 | €21 | -€6,594 | -99.7% |
| Taxes, remuneration and social security | 45 | €7,356 | €16,435 | +€9,080 | +123% |
| Taxes | 450/3 | €4,382 | €15,632 | +€11,250 | +257% |
| Remuneration and social security | 454/9 | €2,974 | €803 | -€2,171 | -73.0% |
| Other amounts payable | 47/48 | €280 | €259 | -€21 | -7.5% |
| Remuneration, social security and pensions | 62 | €27,571 | €26,626 | -€945 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,133 | €12,450 | -€1,682 | -11.9% |
| Other operating charges | 640/8 | €1,194 | €2,613 | +€1,419 | +119% |
| Gross operating margin | 9900 | €61,495 | €73,802 | +€12,307 | +20.0% |
| Operating profit (loss) | 9901 | €18,598 | €32,113 | +€13,516 | +72.7% |
| Financial income | 75/76B | €33 | €0 | -€32 | -99.8% |
| Recurring financial income | 75 | €33 | €0 | -€32 | -99.8% |
| Financial charges | 65/66B | €2,037 | €855 | -€1,182 | -58.1% |
| Recurring financial charges | 65 | €2,037 | €855 | -€1,182 | -58.1% |
| Profit (loss) for the period before taxes | 9903 | €16,593 | €31,259 | +€14,666 | +88.4% |
| Income taxes | 67/77 | €7,234 | €10,510 | +€3,275 | +45.3% |
| Profit (loss) for the period | 9904 | €9,359 | €20,749 | +€11,390 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €9,359 | €20,749 | +€11,390 | +122% |
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.