ZENHOME: 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.
ZENHOME
Largest movements
- Cash -€159,415
down €159,415 (-87.4%), from €182,495 to €23,079
mainly Trade debts (-€113,426) and Receivables after one year (-€38,000)
- Receivables after one year +€38,000
up €38,000 (+77.6%), from €49,000 to €87,000
of which Other amounts receivable: +€38,000
- Trade debts -€113,426
down €113,426 (-36.4%), from €311,873 to €198,448
- Tax, wage and social debts -€23,108
down €23,108 (-66.1%), from €34,961 to €11,853
- Reserves +€15,000
up €15,000 (+8.8%), from €170,408 to €185,408
of which Distributable reserves: +€15,000
- Current portion of long-term debt -€7,572
no longer reported in 2024 (was €7,572)
- Gross operating margin -€12,676
down €12,676 (-32.3%), from €39,226 to €26,551
- Financial income +€2,792
new in 2024: €2,792
- Staff costs -€2,640
down €2,640 (-94.7%), from €2,789 to €148
- Taxes -€1,617
down €1,617 (-19.9%), from €8,112 to €6,495
- Other operating charges +€513
up €513 (+146%), from €350 to €863
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €666,053 | €536,627 | -€129,426 | -19.4% |
| Fixed assets | 21/28 | €15,159 | €9,408 | -€5,750 | -37.9% |
| Tangible fixed assets | 22/27 | €14,500 | €8,749 | -€5,750 | -39.7% |
| Furniture and vehicles | 24 | €11,374 | €5,957 | -€5,417 | -47.6% |
| Other tangible fixed assets | 26 | €3,126 | €2,792 | -€333 | -10.7% |
| Financial fixed assets | 28 | €659 | €659 | = | 0.0% |
| Current assets | 29/58 | €650,895 | €527,218 | -€123,676 | -19.0% |
| Amounts receivable after more than one year | 29 | €49,000 | €87,000 | +€38,000 | +77.6% |
| Trade receivables | 290 | €24,000 | €24,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €63,000 | +€38,000 | +152% |
| Amounts receivable within one year | 40/41 | €413,971 | €414,351 | +€380 | +0.1% |
| Trade receivables | 40 | €407,597 | €401,645 | -€5,952 | -1.5% |
| Other amounts receivable | 41 | €6,374 | €12,707 | +€6,332 | +99.3% |
| Cash at bank and in hand | 54/58 | €182,495 | €23,079 | -€159,415 | -87.4% |
| Deferred charges and accrued income | 490/1 | €5,429 | €2,788 | -€2,641 | -48.7% |
| Total equity and liabilities | 10/49 | €666,053 | €536,627 | -€129,426 | -19.4% |
| Equity | 10/15 | €299,245 | €314,842 | +€15,597 | +5.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €170,408 | €185,408 | +€15,000 | +8.8% |
| 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 | €168,548 | €183,548 | +€15,000 | +8.9% |
| Profit (loss) carried forward | 14 | €116,437 | €117,034 | +€597 | +0.5% |
| Amounts payable | 17/49 | €366,808 | €221,784 | -€145,023 | -39.5% |
| Amounts payable within one year | 42/48 | €366,808 | €221,784 | -€145,023 | -39.5% |
| Current portion of amounts payable after more than one year | 42 | €7,572 | - | -€7,572 | |
| Trade debts | 44 | €311,873 | €198,448 | -€113,426 | -36.4% |
| Suppliers | 440/4 | €311,873 | €198,448 | -€113,426 | -36.4% |
| Advances received on contracts in progress | 46 | €7,627 | €7,627 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €34,961 | €11,853 | -€23,108 | -66.1% |
| Taxes | 450/3 | €34,961 | €11,853 | -€23,108 | -66.1% |
| Other amounts payable | 47/48 | €4,775 | €3,856 | -€918 | -19.2% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €2,789 | €148 | -€2,640 | -94.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,625 | €5,750 | +€125 | +2.2% |
| Other operating charges | 640/8 | €350 | €863 | +€513 | +146% |
| Gross operating margin | 9900 | €39,226 | €26,551 | -€12,676 | -32.3% |
| Operating profit (loss) | 9901 | €30,462 | €19,789 | -€10,673 | -35.0% |
| Financial income | 75/76B | - | €2,792 | +€2,792 | |
| Recurring financial income | 75 | - | €2,792 | +€2,792 | |
| Financial charges | 65/66B | €916 | €489 | -€428 | -46.7% |
| Recurring financial charges | 65 | €916 | €489 | -€428 | -46.7% |
| Profit (loss) for the period before taxes | 9903 | €29,546 | €22,092 | -€7,453 | -25.2% |
| Income taxes | 67/77 | €8,112 | €6,495 | -€1,617 | -19.9% |
| Profit (loss) for the period | 9904 | €21,434 | €15,597 | -€5,837 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,434 | €15,597 | -€5,837 | -27.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.