ZENO DIGITAL: 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.
ZENO DIGITAL
Largest movements
- Cash +€10,406
up €10,406 (+20.2%), from €51,581 to €61,987
mainly Net result for the year (+€53,264) and Other debts (+€8,297)
- Tangible fixed assets -€819
down €819 (-31.3%), from €2,617 to €1,798
- Other debts +€8,297
up €8,297 (+18.5%), from €44,966 to €53,264
- Tax, wage and social debts +€1,124
up €1,124 (+18.9%), from €5,933 to €7,057
- Gross operating margin +€10,747
up €10,747 (+18.6%), from €57,746 to €68,493
- Taxes +€2,126
up €2,126 (+18.6%), from €11,421 to €13,547
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 | €70,658 | €80,044 | +€9,386 | +13.3% |
| Fixed assets | 21/28 | €2,617 | €1,798 | -€819 | -31.3% |
| Tangible fixed assets | 22/27 | €2,617 | €1,798 | -€819 | -31.3% |
| Plant, machinery and equipment | 23 | €2,617 | €1,798 | -€819 | -31.3% |
| Current assets | 29/58 | €68,041 | €78,246 | +€10,205 | +15.0% |
| Amounts receivable within one year | 40/41 | €15,740 | €16,259 | +€519 | +3.3% |
| Trade receivables | 40 | €12,100 | €15,306 | +€3,206 | +26.5% |
| Other amounts receivable | 41 | €3,640 | €953 | -€2,687 | -73.8% |
| Cash at bank and in hand | 54/58 | €51,581 | €61,987 | +€10,406 | +20.2% |
| Deferred charges and accrued income | 490/1 | €720 | €0 | -€720 | -100.0% |
| Total equity and liabilities | 10/49 | €70,658 | €80,044 | +€9,386 | +13.3% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,058 | €61,444 | +€9,386 | +18.0% |
| Amounts payable within one year | 42/48 | €51,671 | €61,044 | +€9,373 | +18.1% |
| Trade debts | 44 | €771 | €723 | -€48 | -6.2% |
| Suppliers | 440/4 | €771 | €723 | -€48 | -6.2% |
| Taxes, remuneration and social security | 45 | €5,933 | €7,057 | +€1,124 | +18.9% |
| Taxes | 450/3 | €5,933 | €7,057 | +€1,124 | +18.9% |
| Other amounts payable | 47/48 | €44,966 | €53,264 | +€8,297 | +18.5% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €697 | €819 | +€123 | +17.6% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €57,746 | €68,493 | +€10,747 | +18.6% |
| Operating profit (loss) | 9901 | €56,909 | €67,530 | +€10,621 | +18.7% |
| Financial income | 75/76B | €204 | €0 | -€204 | -99.9% |
| Recurring financial income | 75 | €204 | €0 | -€204 | -99.9% |
| Financial charges | 65/66B | €726 | €720 | -€6 | -0.9% |
| Recurring financial charges | 65 | €726 | €720 | -€6 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €56,387 | €66,810 | +€10,423 | +18.5% |
| Income taxes | 67/77 | €11,421 | €13,547 | +€2,126 | +18.6% |
| Profit (loss) for the period | 9904 | €44,966 | €53,264 | +€8,297 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,966 | €53,264 | +€8,297 | +18.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.