Zenner vastgoed: 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.
Zenner vastgoed
Largest movements
- Cash +€139
up €139 (+90.8%), from €153 to €293
mainly Trade debts (+€426) and Tax, wage and social debts (+€160)
- Stocks and contracts +€125
up €125 (+41.7%), from €300 to €425
- Receivables within one year -€56
down €56 (-93.8%), from €60 to €4
- Trade debts +€426
up €426 (+39.3%), from €1,083 to €1,509
- Other debts -€412
down €412 (-4.1%), from €9,976 to €9,565
- Tax, wage and social debts +€160
new in 2025: €160
- Profit (loss) carried forward +€35
up €35 (+0.2%), from -€16,746 to -€16,712
- Gross operating margin +€1,158
up €1,158, from -€476 to €682
- Financial charges +€17
up €17 (+19.1%), from €91 to €108
- Other operating charges +€16
up €16 (+3.0%), from €528 to €544
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 | €513 | €721 | +€208 | +40.6% |
| Current assets | 29/58 | €513 | €721 | +€208 | +40.6% |
| Stocks and contracts in progress | 3 | €300 | €425 | +€125 | +41.7% |
| Stocks | 30/36 | €300 | €425 | +€125 | +41.7% |
| Amounts receivable within one year | 40/41 | €60 | €4 | -€56 | -93.8% |
| Other amounts receivable | 41 | €60 | €4 | -€56 | -93.8% |
| Cash at bank and in hand | 54/58 | €153 | €293 | +€139 | +90.8% |
| Total equity and liabilities | 10/49 | €513 | €721 | +€208 | +40.6% |
| Equity | 10/15 | -€10,546 | -€10,512 | +€35 | +0.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,746 | -€16,712 | +€35 | +0.2% |
| Amounts payable | 17/49 | €11,059 | €11,233 | +€174 | +1.6% |
| Amounts payable within one year | 42/48 | €11,059 | €11,233 | +€174 | +1.6% |
| Trade debts | 44 | €1,083 | €1,509 | +€426 | +39.3% |
| Suppliers | 440/4 | €1,083 | €1,509 | +€426 | +39.3% |
| Taxes, remuneration and social security | 45 | - | €160 | +€160 | |
| Taxes | 450/3 | - | €160 | +€160 | |
| Other amounts payable | 47/48 | €9,976 | €9,565 | -€412 | -4.1% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | -€476 | €682 | +€1,158 | |
| Operating profit (loss) | 9901 | -€1,004 | €138 | +€1,142 | |
| Financial income | 75/76B | €0 | €5 | +€5 | +2,400% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +2,400% |
| Financial charges | 65/66B | €91 | €108 | +€17 | +19.1% |
| Recurring financial charges | 65 | €91 | €108 | +€17 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,095 | €35 | +€1,129 | |
| Profit (loss) for the period | 9904 | -€1,095 | €35 | +€1,129 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,095 | €35 | +€1,129 |
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 31 October 2026 via checked.be.