ZENHOMES: 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.
ZENHOMES
Largest movements
- Cash -€447,744
down €447,744 (-78.9%), from €567,477 to €119,733
mainly Receivables within one year (-€237,894) and Short-term financial debts (-€126,256)
- Receivables within one year +€237,894
up €237,894 (+29.8%), from €797,639 to €1.0m
of which Trade receivables: +€143,880
- Stocks and contracts +€78,414
up €78,414 (+4.0%), from €2.0m to €2.1m
- Financial fixed assets +€50,000
new in 2025: €50,000
- Short-term financial debts -€126,256
down €126,256 (-8.7%), from €1.5m to €1.3m
- Other debts +€63,136
up €63,136 (+7.0%), from €897,322 to €960,458
- Accrued charges and deferred income -€37,109
down €37,109 (-55.2%), from €67,276 to €30,167
- Gross operating margin +€121,857
up €121,857 (+116%), from €104,868 to €226,725
- Financial charges +€120,956
up €120,956 (+178%), from €67,783 to €188,739
- Financial income +€52,985
up €52,985 (+188%), from €28,157 to €81,141
- Taxes +€3,904
up €3,904 (+1,828%), from €214 to €4,117
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 | €3,368,287 | €3,289,714 | -€78,573 | -2.3% |
| Fixed assets | 21/28 | - | €50,000 | +€50,000 | |
| Financial fixed assets | 28 | - | €50,000 | +€50,000 | |
| Current assets | 29/58 | €3,368,287 | €3,239,714 | -€128,573 | -3.8% |
| Stocks and contracts in progress | 3 | €1,974,993 | €2,053,408 | +€78,414 | +4.0% |
| Stocks | 30/36 | €1,974,993 | €2,053,408 | +€78,414 | +4.0% |
| Amounts receivable within one year | 40/41 | €797,639 | €1,035,533 | +€237,894 | +29.8% |
| Trade receivables | 40 | - | €143,880 | +€143,880 | |
| Other amounts receivable | 41 | €797,639 | €891,654 | +€94,015 | +11.8% |
| Cash at bank and in hand | 54/58 | €567,477 | €119,733 | -€447,744 | -78.9% |
| Deferred charges and accrued income | 490/1 | €28,178 | €31,041 | +€2,863 | +10.2% |
| Total equity and liabilities | 10/49 | €3,368,287 | €3,289,714 | -€78,573 | -2.3% |
| Equity | 10/15 | €75,883 | €66,011 | -€9,872 | -13.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,883 | €16,011 | -€9,872 | -38.1% |
| Amounts payable | 17/49 | €3,292,404 | €3,223,704 | -€68,701 | -2.1% |
| Amounts payable after more than one year | 17 | €850,000 | €850,000 | = | 0.0% |
| Financial debts | 170/4 | €850,000 | €850,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,375,128 | €2,343,536 | -€31,592 | -1.3% |
| Financial debts | 43 | €1,456,256 | €1,330,000 | -€126,256 | -8.7% |
| Credit institutions | 430/8 | €1,456,256 | €1,330,000 | -€126,256 | -8.7% |
| Trade debts | 44 | €21,337 | €48,961 | +€27,624 | +129% |
| Suppliers | 440/4 | €21,337 | €48,961 | +€27,624 | +129% |
| Taxes, remuneration and social security | 45 | €214 | €4,117 | +€3,904 | +1,828% |
| Taxes | 450/3 | €214 | €4,117 | +€3,904 | +1,828% |
| Other amounts payable | 47/48 | €897,322 | €960,458 | +€63,136 | +7.0% |
| Accrued charges and deferred income | 492/3 | €67,276 | €30,167 | -€37,109 | -55.2% |
| Other operating charges | 640/8 | €960 | €552 | -€408 | -42.5% |
| Gross operating margin | 9900 | €104,868 | €226,725 | +€121,857 | +116% |
| Operating profit (loss) | 9901 | €103,907 | €226,172 | +€122,265 | +118% |
| Financial income | 75/76B | €28,157 | €81,141 | +€52,985 | +188% |
| Recurring financial income | 75 | €28,157 | €81,141 | +€52,985 | +188% |
| Financial charges | 65/66B | €67,783 | €188,739 | +€120,956 | +178% |
| Recurring financial charges | 65 | €67,783 | €188,739 | +€120,956 | +178% |
| Profit (loss) for the period before taxes | 9903 | €64,281 | €118,575 | +€54,294 | +84.5% |
| Income taxes | 67/77 | €214 | €4,117 | +€3,904 | +1,828% |
| Profit (loss) for the period | 9904 | €64,067 | €114,457 | +€50,390 | +78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €64,067 | €114,457 | +€50,390 | +78.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.