Zenion: 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.
Zenion
Largest movements
- Tangible fixed assets +€1,646
up €1,646 (+22.1%), from €7,430 to €9,076
- Receivables within one year -€1,208
down €1,208 (-3.5%), from €34,434 to €33,226
of which Trade receivables: -€945
- Cash +€1,101
up €1,101 (+183545.0%), from €1 to €1,102
mainly Trade debts (+€7,813) and Depreciation (+€4,745)
- Trade debts +€7,813
up €7,813 (+668.5%), from €1,169 to €8,982
of which Bills of exchange payable: +€4,311
- Other debts -€6,556
down €6,556 (-38.1%), from €17,228 to €10,672
- Gross operating margin -€21,664
down €21,664 (-77.5%), from €27,959 to €6,295
- Taxes -€4,452
down €4,452 (-98.8%), from €4,505 to €53
- Depreciation +€3,511
up €3,511 (+284.5%), from €1,234 to €4,745
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 | €42,677 | €43,969 | +€1,292 | +3.0% |
| Fixed assets | 21/28 | €7,430 | €9,076 | +€1,646 | +22.1% |
| Tangible fixed assets | 22/27 | €7,430 | €9,076 | +€1,646 | +22.1% |
| Plant, machinery and equipment | 23 | €7,430 | €9,076 | +€1,646 | +22.1% |
| Current assets | 29/58 | €35,246 | €34,893 | -€354 | -1.0% |
| Amounts receivable within one year | 40/41 | €34,434 | €33,226 | -€1,208 | -3.5% |
| Trade receivables | 40 | €28,135 | €27,190 | -€945 | -3.4% |
| Other amounts receivable | 41 | €6,299 | €6,036 | -€263 | -4.2% |
| Cash at bank and in hand | 54/58 | €1 | €1,102 | +€1,101 | +183545.0% |
| Deferred charges and accrued income | 490/1 | €812 | €565 | -€247 | -30.4% |
| Total equity and liabilities | 10/49 | €42,677 | €43,969 | +€1,292 | +3.0% |
| Equity | 10/15 | €19,386 | €19,757 | +€371 | +1.9% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €11,386 | €11,757 | +€371 | +3.3% |
| Distributable reserves | 133 | €11,386 | €11,757 | +€371 | +3.3% |
| Amounts payable | 17/49 | €23,291 | €24,211 | +€921 | +4.0% |
| Amounts payable within one year | 42/48 | €23,291 | €24,211 | +€921 | +4.0% |
| Trade debts | 44 | €1,169 | €8,982 | +€7,813 | +668.5% |
| Suppliers | 440/4 | €1,169 | €4,671 | +€3,502 | +299.6% |
| Bills of exchange payable | 441 | - | €4,311 | +€4,311 | |
| Taxes, remuneration and social security | 45 | €4,895 | €4,558 | -€337 | -6.9% |
| Taxes | 450/3 | €4,895 | €4,558 | -€337 | -6.9% |
| Other amounts payable | 47/48 | €17,228 | €10,672 | -€6,556 | -38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,234 | €4,745 | +€3,511 | +284.5% |
| Other operating charges | 640/8 | €978 | €1,031 | +€53 | +5.4% |
| Gross operating margin | 9900 | €27,959 | €6,295 | -€21,664 | -77.5% |
| Operating profit (loss) | 9901 | €25,747 | €519 | -€25,228 | -98.0% |
| Financial income | 75/76B | €110 | €97 | -€13 | -11.8% |
| Recurring financial income | 75 | €110 | €97 | -€13 | -11.8% |
| Financial charges | 65/66B | €275 | €192 | -€82 | -30.0% |
| Recurring financial charges | 65 | €275 | €192 | -€82 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €25,583 | €424 | -€25,159 | -98.3% |
| Income taxes | 67/77 | €4,505 | €53 | -€4,452 | -98.8% |
| Profit (loss) for the period | 9904 | €21,078 | €371 | -€20,707 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,078 | €371 | -€20,707 | -98.2% |
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 12 October 2026 via checked.be.