ZENLATITUDES.COM: 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.
ZENLATITUDES.COM
Largest movements
- Intangible fixed assets -€90,767
no longer reported in 2025 (was €90,767)
- Stocks and contracts -€72,000
no longer reported in 2025 (was €72,000)
- Receivables within one year -€52,715
down €52,715 (-92.3%), from €57,134 to €4,419
of which Other amounts receivable: -€51,962
- Trade debts -€221,117
down €221,117 (-99.6%), from €221,936 to €819
- Other debts +€29,090
new in 2025: €29,090
- Profit (loss) carried forward -€24,804
down €24,804 (-94.6%), from -€26,212 to -€51,016
- Depreciation -€13,281
down €13,281 (-95.5%), from €13,907 to €627
- Gross operating margin -€869
down €869 (-7.8%), from €11,090 to €10,220
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,479 | €6,293 | -€218,186 | -97.2% |
| Fixed assets | 21/28 | €92,508 | €1,114 | -€91,393 | -98.8% |
| Intangible fixed assets | 21 | €90,767 | - | -€90,767 | |
| Tangible fixed assets | 22/27 | €1,378 | €751 | -€627 | -45.5% |
| Furniture and vehicles | 24 | €1,378 | €751 | -€627 | -45.5% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €131,971 | €5,178 | -€126,793 | -96.1% |
| Stocks and contracts in progress | 3 | €72,000 | - | -€72,000 | |
| Stocks | 30/36 | €72,000 | - | -€72,000 | |
| Amounts receivable within one year | 40/41 | €57,134 | €4,419 | -€52,715 | -92.3% |
| Trade receivables | 40 | €753 | - | -€753 | |
| Other amounts receivable | 41 | €56,381 | €4,419 | -€51,962 | -92.2% |
| Cash at bank and in hand | 54/58 | €2,837 | €759 | -€2,078 | -73.2% |
| Total equity and liabilities | 10/49 | €224,479 | €6,293 | -€218,186 | -97.2% |
| Equity | 10/15 | -€5,752 | -€30,556 | -€24,804 | -431.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,212 | -€51,016 | -€24,804 | -94.6% |
| Amounts payable | 17/49 | €230,231 | €36,848 | -€193,383 | -84.0% |
| Amounts payable within one year | 42/48 | €230,231 | €36,848 | -€193,383 | -84.0% |
| Financial debts | 43 | €8,295 | €6,884 | -€1,411 | -17.0% |
| Credit institutions | 430/8 | €8,295 | €6,884 | -€1,411 | -17.0% |
| Trade debts | 44 | €221,936 | €819 | -€221,117 | -99.6% |
| Suppliers | 440/4 | €221,936 | €819 | -€221,117 | -99.6% |
| Taxes, remuneration and social security | 45 | - | €55 | +€55 | |
| Taxes | 450/3 | - | €55 | +€55 | |
| Other amounts payable | 47/48 | - | €29,090 | +€29,090 | |
| Non-recurring operating income | 76A | €1,509 | - | -€1,509 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,907 | €627 | -€13,281 | -95.5% |
| Other operating charges | 640/8 | €384 | €400 | +€15 | +4.0% |
| Gross operating margin | 9900 | €11,090 | €10,220 | -€869 | -7.8% |
| Operating profit (loss) | 9901 | -€3,202 | €9,194 | +€12,396 | |
| Financial charges | 65/66B | €2,901 | €2,851 | -€51 | -1.7% |
| Recurring financial charges | 65 | €2,901 | €2,851 | -€51 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,103 | €6,343 | +€12,446 | |
| Profit (loss) for the period | 9904 | -€6,103 | €6,343 | +€12,446 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,103 | €6,343 | +€12,446 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.