ZEN'ITUDE: 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'ITUDE
Largest movements
- Cash -€22,156
down €22,156 (-66.9%), from €33,117 to €10,962
mainly Tax, wage and social debts (-€10,927) and Net result for the year (-€8,039)
- Tangible fixed assets -€2,614
down €2,614 (-77.1%), from €3,389 to €775
of which Plant, machinery and equipment: -€2,045
- Deferred charges and accrued income -€452
down €452 (-40.3%), from €1,123 to €671
- Tax, wage and social debts -€10,927
down €10,927 (-65.3%), from €16,743 to €5,817
of which Remuneration and social security: -€11,117
- Profit (loss) carried forward -€8,039
down €8,039 (-37.1%), from -€21,650 to -€29,689
- Other debts -€6,239
down €6,239 (-34.0%), from €18,358 to €12,119
- Purchases and services -€24,777
down €24,777 (-25.6%), from €96,929 to €72,152
- Gross operating margin -€9,809
down €9,809 (-17.7%), from €55,308 to €45,499
- Staff costs -€8,874
down €8,874 (-16.4%), from €53,953 to €45,079
- Other operating charges +€3,118
up €3,118 (+97.0%), from €3,216 to €6,334
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 | €38,681 | €13,786 | -€24,896 | -64.4% |
| Fixed assets | 21/28 | €3,627 | €1,013 | -€2,614 | -72.1% |
| Tangible fixed assets | 22/27 | €3,389 | €775 | -€2,614 | -77.1% |
| Plant, machinery and equipment | 23 | €2,045 | - | -€2,045 | |
| Furniture and vehicles | 24 | €1,344 | €775 | -€569 | -42.3% |
| Financial fixed assets | 28 | €238 | €238 | = | 0.0% |
| Current assets | 29/58 | €35,055 | €12,773 | -€22,282 | -63.6% |
| Amounts receivable within one year | 40/41 | €815 | €1,141 | +€326 | +40.0% |
| Trade receivables | 40 | €544 | €388 | -€156 | -28.6% |
| Other amounts receivable | 41 | €271 | €752 | +€482 | +178% |
| Cash at bank and in hand | 54/58 | €33,117 | €10,962 | -€22,156 | -66.9% |
| Deferred charges and accrued income | 490/1 | €1,123 | €671 | -€452 | -40.3% |
| Total equity and liabilities | 10/49 | €38,681 | €13,786 | -€24,896 | -64.4% |
| Equity | 10/15 | €1,950 | -€6,089 | -€8,039 | |
| Contributions | 10/11 | €23,600 | €23,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,650 | -€29,689 | -€8,039 | -37.1% |
| Amounts payable | 17/49 | €36,731 | €19,875 | -€16,856 | -45.9% |
| Amounts payable within one year | 42/48 | €36,731 | €19,875 | -€16,856 | -45.9% |
| Trade debts | 44 | €1,630 | €1,939 | +€309 | +18.9% |
| Suppliers | 440/4 | €1,630 | €1,939 | +€309 | +18.9% |
| Taxes, remuneration and social security | 45 | €16,743 | €5,817 | -€10,927 | -65.3% |
| Taxes | 450/3 | €4,226 | €4,417 | +€191 | +4.5% |
| Remuneration and social security | 454/9 | €12,517 | €1,400 | -€11,117 | -88.8% |
| Other amounts payable | 47/48 | €18,358 | €12,119 | -€6,239 | -34.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €96,929 | €72,152 | -€24,777 | -25.6% |
| Remuneration, social security and pensions | 62 | €53,953 | €45,079 | -€8,874 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €873 | €569 | -€304 | -34.8% |
| Other operating charges | 640/8 | €3,216 | €6,334 | +€3,118 | +97.0% |
| Gross operating margin | 9900 | €55,308 | €45,499 | -€9,809 | -17.7% |
| Operating profit (loss) | 9901 | -€2,734 | -€6,483 | -€3,750 | -137% |
| Financial income | 75/76B | €96 | €126 | +€30 | +31.2% |
| Recurring financial income | 75 | €96 | €126 | +€30 | +31.2% |
| Financial charges | 65/66B | €1,330 | €1,013 | -€317 | -23.8% |
| Recurring financial charges | 65 | €1,330 | €1,013 | -€317 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,968 | -€7,371 | -€3,403 | -85.7% |
| Income taxes | 67/77 | €912 | €669 | -€243 | -26.7% |
| Profit (loss) for the period | 9904 | -€4,880 | -€8,039 | -€3,159 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,880 | -€8,039 | -€3,159 | -64.7% |
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 22 October 2026 via checked.be.