Zennsana: 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.
Zennsana
Largest movements
- Cash -€27,068
down €27,068 (-51.2%), from €52,902 to €25,834
mainly Stocks and contracts (-€11,457) and Net result for the year (-€7,878)
- Stocks and contracts +€11,457
up €11,457 (+173%), from €6,624 to €18,081
- Receivables within one year +€4,879
up €4,879 (+38.9%), from €12,535 to €17,414
of which Other amounts receivable: +€4,634
- Profit (loss) carried forward -€7,878
down €7,878 (-22.4%), from -€35,101 to -€42,979
- Accrued charges and deferred income -€1,000
down €1,000 (-33.3%), from €3,000 to €2,000
- Trade debts -€874
down €874 (-29.4%), from €2,972 to €2,098
- Gross operating margin -€7,009
down €7,009, from €6,743 to -€266
- Depreciation -€3,015
down €3,015 (-49.5%), from €6,096 to €3,080
- Financial charges -€1,665
down €1,665 (-42.9%), from €3,883 to €2,219
- Other operating charges -€1,407
down €1,407 (-37.8%), from €3,720 to €2,314
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 | €79,434 | €69,178 | -€10,256 | -12.9% |
| Fixed assets | 21/28 | €7,374 | €7,850 | +€476 | +6.5% |
| Tangible fixed assets | 22/27 | €7,374 | €7,850 | +€476 | +6.5% |
| Plant, machinery and equipment | 23 | €3,400 | €4,537 | +€1,137 | +33.5% |
| Other tangible fixed assets | 26 | €3,974 | €3,313 | -€661 | -16.6% |
| Current assets | 29/58 | €72,061 | €61,328 | -€10,732 | -14.9% |
| Stocks and contracts in progress | 3 | €6,624 | €18,081 | +€11,457 | +173% |
| Stocks | 30/36 | €6,624 | €18,081 | +€11,457 | +173% |
| Amounts receivable within one year | 40/41 | €12,535 | €17,414 | +€4,879 | +38.9% |
| Trade receivables | 40 | €2,402 | €2,647 | +€245 | +10.2% |
| Other amounts receivable | 41 | €10,133 | €14,767 | +€4,634 | +45.7% |
| Cash at bank and in hand | 54/58 | €52,902 | €25,834 | -€27,068 | -51.2% |
| Total equity and liabilities | 10/49 | €79,434 | €69,178 | -€10,256 | -12.9% |
| Equity | 10/15 | -€27,041 | -€34,919 | -€7,878 | -29.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,101 | -€42,979 | -€7,878 | -22.4% |
| Amounts payable | 17/49 | €106,475 | €104,098 | -€2,378 | -2.2% |
| Amounts payable within one year | 42/48 | €103,475 | €102,098 | -€1,378 | -1.3% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Other loans | 439 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €2,972 | €2,098 | -€874 | -29.4% |
| Suppliers | 440/4 | €2,972 | €2,098 | -€874 | -29.4% |
| Taxes, remuneration and social security | 45 | €503 | - | -€503 | |
| Taxes | 450/3 | €503 | - | -€503 | |
| Accrued charges and deferred income | 492/3 | €3,000 | €2,000 | -€1,000 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,096 | €3,080 | -€3,015 | -49.5% |
| Other operating charges | 640/8 | €3,720 | €2,314 | -€1,407 | -37.8% |
| Non-recurring operating charges | 66A | €2,048 | - | -€2,048 | |
| Gross operating margin | 9900 | €6,743 | -€266 | -€7,009 | |
| Operating profit (loss) | 9901 | -€5,121 | -€5,660 | -€539 | -10.5% |
| Financial charges | 65/66B | €3,883 | €2,219 | -€1,665 | -42.9% |
| Recurring financial charges | 65 | €3,883 | €2,219 | -€1,665 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,004 | -€7,878 | +€1,126 | +12.5% |
| Profit (loss) for the period | 9904 | -€9,004 | -€7,878 | +€1,126 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,004 | -€7,878 | +€1,126 | +12.5% |
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.