ZennIT: 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.
ZennIT
Largest movements
- Receivables within one year -€21,438
down €21,438 (-32.0%), from €67,092 to €45,654
of which Trade receivables: -€22,306
- Cash -€19,897
down €19,897 (-79.3%), from €25,078 to €5,181
mainly Other debts (-€32,466) and Tax, wage and social debts (-€18,724)
- Tangible fixed assets -€4,298
down €4,298 (-64.4%), from €6,675 to €2,376
of which Furniture and vehicles: -€4,188
- Deferred charges and accrued income -€2,774
down €2,774 (-33.2%), from €8,345 to €5,571
- Stocks and contracts -€2,605
down €2,605 (-100%), from €2,605 to €0
- Other debts -€32,466
down €32,466 (-91.6%), from €35,450 to €2,984
- Tax, wage and social debts -€18,724
down €18,724 (-40.5%), from €46,183 to €27,459
of which Remuneration and social security: -€15,270
- Profit (loss) carried forward +€8,881
up €8,881 (+37.4%), from -€23,774 to -€14,893
- Trade debts -€7,726
down €7,726 (-36.2%), from €21,339 to €13,614
- Accrued charges and deferred income -€1,330
down €1,330 (-100%), from €1,330 to €0
- Gross operating margin -€7,952
down €7,952 (-4.5%), from €178,332 to €170,379
- Staff costs +€4,130
up €4,130 (+2.9%), from €144,769 to €148,898
- Taxes +€3,733
up €3,733 (+1,073%), from €348 to €4,081
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 | €110,726 | €59,164 | -€51,562 | -46.6% |
| Fixed assets | 21/28 | €7,606 | €2,758 | -€4,848 | -63.7% |
| Tangible fixed assets | 22/27 | €6,675 | €2,376 | -€4,298 | -64.4% |
| Plant, machinery and equipment | 23 | €110 | €0 | -€110 | -100% |
| Furniture and vehicles | 24 | €6,565 | €2,376 | -€4,188 | -63.8% |
| Financial fixed assets | 28 | €932 | €382 | -€550 | -59.0% |
| Current assets | 29/58 | €103,120 | €56,406 | -€46,714 | -45.3% |
| Stocks and contracts in progress | 3 | €2,605 | €0 | -€2,605 | -100% |
| Stocks | 30/36 | €2,605 | €0 | -€2,605 | -100% |
| Amounts receivable within one year | 40/41 | €67,092 | €45,654 | -€21,438 | -32.0% |
| Trade receivables | 40 | €67,092 | €44,786 | -€22,306 | -33.2% |
| Other amounts receivable | 41 | - | €868 | +€868 | |
| Cash at bank and in hand | 54/58 | €25,078 | €5,181 | -€19,897 | -79.3% |
| Deferred charges and accrued income | 490/1 | €8,345 | €5,571 | -€2,774 | -33.2% |
| Total equity and liabilities | 10/49 | €110,726 | €59,164 | -€51,562 | -46.6% |
| Equity | 10/15 | €6,226 | €15,107 | +€8,881 | +143% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,774 | -€14,893 | +€8,881 | +37.4% |
| Amounts payable | 17/49 | €104,500 | €44,057 | -€60,443 | -57.8% |
| Amounts payable within one year | 42/48 | €103,170 | €44,057 | -€59,113 | -57.3% |
| Trade debts | 44 | €21,339 | €13,614 | -€7,726 | -36.2% |
| Suppliers | 440/4 | €21,339 | €13,614 | -€7,726 | -36.2% |
| Advances received on contracts in progress | 46 | €197 | €0 | -€197 | -100% |
| Taxes, remuneration and social security | 45 | €46,183 | €27,459 | -€18,724 | -40.5% |
| Taxes | 450/3 | €14,345 | €10,891 | -€3,454 | -24.1% |
| Remuneration and social security | 454/9 | €31,838 | €16,568 | -€15,270 | -48.0% |
| Other amounts payable | 47/48 | €35,450 | €2,984 | -€32,466 | -91.6% |
| Accrued charges and deferred income | 492/3 | €1,330 | €0 | -€1,330 | -100% |
| Remuneration, social security and pensions | 62 | €144,769 | €148,898 | +€4,130 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,547 | €3,795 | -€1,752 | -31.6% |
| Other operating charges | 640/8 | €1,473 | €893 | -€579 | -39.3% |
| Non-recurring operating charges | 66A | €6,036 | €504 | -€5,533 | -91.7% |
| Gross operating margin | 9900 | €178,332 | €170,379 | -€7,952 | -4.5% |
| Operating profit (loss) | 9901 | €20,508 | €16,289 | -€4,218 | -20.6% |
| Financial income | 75/76B | €107 | €212 | +€105 | +98.2% |
| Recurring financial income | 75 | €107 | €212 | +€105 | +98.2% |
| Financial charges | 65/66B | €4,136 | €3,539 | -€597 | -14.4% |
| Recurring financial charges | 65 | €4,136 | €3,539 | -€597 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €16,479 | €12,962 | -€3,517 | -21.3% |
| Income taxes | 67/77 | €348 | €4,081 | +€3,733 | +1,073% |
| Profit (loss) for the period | 9904 | €16,131 | €8,881 | -€7,250 | -44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,131 | €8,881 | -€7,250 | -44.9% |
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 17 October 2026 via checked.be.