ZENOMA: 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.
ZENOMA
Largest movements
- Cash +€25,696
up €25,696 (+32.4%), from €79,238 to €104,934
mainly Net result for the year (+€20,635) and Depreciation (+€11,874)
- Tangible fixed assets -€11,874
down €11,874 (-20.2%), from €58,715 to €46,841
- Receivables within one year -€5,666
down €5,666 (-31.1%), from €18,237 to €12,571
- Profit (loss) carried forward +€20,635
up €20,635 (+25.9%), from €79,669 to €100,304
- Tax, wage and social debts -€6,104
down €6,104 (-46.4%), from €13,145 to €7,042
of which Taxes: -€3,699
- Other debts -€3,540
down €3,540 (-6.5%), from €54,772 to €51,233
- Accrued charges and deferred income -€1,791
no longer reported in 2025 (was €1,791)
- Depreciation -€3,856
down €3,856 (-24.5%), from €15,730 to €11,874
- Staff costs +€3,032
up €3,032 (+5.2%), from €58,566 to €61,599
- Gross operating margin +€2,623
up €2,623 (+2.6%), from €99,150 to €101,773
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 | €159,570 | €168,186 | +€8,616 | +5.4% |
| Fixed assets | 21/28 | €58,715 | €46,841 | -€11,874 | -20.2% |
| Tangible fixed assets | 22/27 | €58,715 | €46,841 | -€11,874 | -20.2% |
| Plant, machinery and equipment | 23 | €58,715 | €46,841 | -€11,874 | -20.2% |
| Current assets | 29/58 | €100,855 | €121,345 | +€20,490 | +20.3% |
| Stocks and contracts in progress | 3 | €3,380 | €3,840 | +€460 | +13.6% |
| Stocks | 30/36 | €3,380 | €3,840 | +€460 | +13.6% |
| Amounts receivable within one year | 40/41 | €18,237 | €12,571 | -€5,666 | -31.1% |
| Other amounts receivable | 41 | €18,237 | €12,571 | -€5,666 | -31.1% |
| Cash at bank and in hand | 54/58 | €79,238 | €104,934 | +€25,696 | +32.4% |
| Total equity and liabilities | 10/49 | €159,570 | €168,186 | +€8,616 | +5.4% |
| Equity | 10/15 | €84,669 | €105,304 | +€20,635 | +24.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,669 | €100,304 | +€20,635 | +25.9% |
| Amounts payable | 17/49 | €74,901 | €62,882 | -€12,019 | -16.0% |
| Amounts payable within one year | 42/48 | €73,110 | €62,882 | -€10,228 | -14.0% |
| Trade debts | 44 | €5,193 | €4,608 | -€585 | -11.3% |
| Suppliers | 440/4 | €5,193 | €4,608 | -€585 | -11.3% |
| Taxes, remuneration and social security | 45 | €13,145 | €7,042 | -€6,104 | -46.4% |
| Taxes | 450/3 | €8,991 | €5,292 | -€3,699 | -41.1% |
| Remuneration and social security | 454/9 | €4,154 | €1,749 | -€2,405 | -57.9% |
| Other amounts payable | 47/48 | €54,772 | €51,233 | -€3,540 | -6.5% |
| Accrued charges and deferred income | 492/3 | €1,791 | - | -€1,791 | |
| Remuneration, social security and pensions | 62 | €58,566 | €61,599 | +€3,032 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,730 | €11,874 | -€3,856 | -24.5% |
| Other operating charges | 640/8 | €2,019 | €2,041 | +€23 | +1.1% |
| Gross operating margin | 9900 | €99,150 | €101,773 | +€2,623 | +2.6% |
| Operating profit (loss) | 9901 | €22,835 | €26,259 | +€3,424 | +15.0% |
| Financial charges | 65/66B | €105 | €167 | +€61 | +58.1% |
| Recurring financial charges | 65 | €64 | €88 | +€24 | +38.2% |
| Non-recurring financial charges | 66B | €41 | €78 | +€37 | +88.7% |
| Profit (loss) for the period before taxes | 9903 | €22,729 | €26,092 | +€3,363 | +14.8% |
| Income taxes | 67/77 | €4,795 | €5,457 | +€662 | +13.8% |
| Profit (loss) for the period | 9904 | €17,934 | €20,635 | +€2,701 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,934 | €20,635 | +€2,701 | +15.1% |
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 27 October 2026 via checked.be.