ZENGA: 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.
ZENGA
Largest movements
- Cash +€37,658
up €37,658 (+74.3%), from €50,687 to €88,344
mainly Net result for the year (+€38,969) and Other debts (+€34,980)
- Receivables within one year -€6,804
down €6,804 (-11.3%), from €60,334 to €53,530
of which Other amounts receivable: -€3,421
- Other debts +€34,980
up €34,980 (+173942.8%), from €20 to €35,000
- Trade debts -€8,569
down €8,569 (-33.5%), from €25,588 to €17,019
- Reserves +€3,969
up €3,969 (+4.8%), from €83,485 to €87,454
- Staff costs -€58,880
no longer reported in 2025 (was €58,880)
- Taxes +€11,936
up €11,936 (+262.0%), from €4,556 to €16,492
- Gross operating margin -€4,753
down €4,753 (-7.1%), from €66,563 to €61,810
- Financial charges +€1,455
up €1,455 (+100.5%), from €1,448 to €2,903
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.
Cash bridge derived
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 | €131,872 | €161,500 | +€29,628 | +22.5% |
| Fixed assets | 21/28 | €8,607 | €7,192 | -€1,415 | -16.4% |
| Tangible fixed assets | 22/27 | €8,607 | €7,192 | -€1,415 | -16.4% |
| Land and buildings | 22 | €8,084 | €6,069 | -€2,015 | -24.9% |
| Furniture and vehicles | 24 | €523 | €1,123 | +€600 | +114.8% |
| Current assets | 29/58 | €123,265 | €154,308 | +€31,043 | +25.2% |
| Amounts receivable within one year | 40/41 | €60,334 | €53,530 | -€6,804 | -11.3% |
| Trade receivables | 40 | €55,889 | €52,505 | -€3,384 | -6.1% |
| Other amounts receivable | 41 | €4,445 | €1,024 | -€3,421 | -77.0% |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €50,687 | €88,344 | +€37,658 | +74.3% |
| Deferred charges and accrued income | 490/1 | €7,244 | €7,434 | +€190 | +2.6% |
| Total equity and liabilities | 10/49 | €131,872 | €161,500 | +€29,628 | +22.5% |
| Equity | 10/15 | €102,085 | €106,054 | +€3,969 | +3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €83,485 | €87,454 | +€3,969 | +4.8% |
| Distributable reserves | 133 | €83,485 | €87,454 | +€3,969 | +4.8% |
| Amounts payable | 17/49 | €29,787 | €55,446 | +€25,659 | +86.1% |
| Amounts payable within one year | 42/48 | €29,787 | €55,386 | +€25,599 | +85.9% |
| Trade debts | 44 | €25,588 | €17,019 | -€8,569 | -33.5% |
| Suppliers | 440/4 | €25,588 | €17,019 | -€8,569 | -33.5% |
| Taxes, remuneration and social security | 45 | €4,179 | €3,366 | -€812 | -19.4% |
| Taxes | 450/3 | €2,662 | €3,366 | +€704 | +26.4% |
| Remuneration and social security | 454/9 | €1,516 | - | -€1,516 | |
| Other amounts payable | 47/48 | €20 | €35,000 | +€34,980 | +173942.8% |
| Accrued charges and deferred income | 492/3 | - | €60 | +€60 | |
| Non-recurring operating income | 76A | - | €4,468 | +€4,468 | |
| Remuneration, social security and pensions | 62 | €58,880 | - | -€58,880 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,375 | €2,376 | +€1 | 0.0% |
| Other operating charges | 640/8 | €1,109 | €1,075 | -€34 | -3.1% |
| Gross operating margin | 9900 | €66,563 | €61,810 | -€4,753 | -7.1% |
| Operating profit (loss) | 9901 | €4,199 | €58,359 | +€54,160 | +1289.8% |
| Financial income | 75/76B | €5 | €5 | +€1 | +12.2% |
| Recurring financial income | 75 | €5 | €5 | +€1 | +12.2% |
| Financial charges | 65/66B | €1,448 | €2,903 | +€1,455 | +100.5% |
| Recurring financial charges | 65 | €1,448 | €2,903 | +€1,455 | +100.5% |
| Profit (loss) for the period before taxes | 9903 | €2,756 | €55,462 | +€52,706 | +1912.5% |
| Income taxes | 67/77 | €4,556 | €16,492 | +€11,936 | +262.0% |
| Profit (loss) for the period | 9904 | -€1,801 | €38,969 | +€40,770 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,801 | €38,969 | +€40,770 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.