ZENTI: 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.
ZENTI
Largest movements
- Cash -€6,873
down €6,873 (-15.4%), from €44,729 to €37,856
mainly Net result for the year (-€7,710) and Other debts (-€3,313)
- Stocks and contracts -€3,575
down €3,575 (-59.6%), from €6,000 to €2,426
- Deferred charges and accrued income +€3,128
up €3,128 (+1,309%), from €239 to €3,367
- Receivables within one year -€2,141
down €2,141 (-62.8%), from €3,408 to €1,268
of which Trade receivables: -€1,920
- Tangible fixed assets -€918
down €918 (-7.7%), from €11,971 to €11,053
of which Other tangible fixed assets: -€806
- Profit (loss) carried forward -€7,710
down €7,710 (-51.4%), from €14,998 to €7,288
- Other debts -€3,313
down €3,313 (-6.8%), from €48,480 to €45,167
- Tax, wage and social debts +€1,662
up €1,662 (+131%), from €1,272 to €2,934
- Trade debts -€1,017
down €1,017 (-67.9%), from €1,498 to €480
- Gross operating margin -€3,337
down €3,337 (-1,515%), from -€220 to -€3,557
- Depreciation -€770
down €770 (-22.9%), from €3,360 to €2,590
- Other operating charges -€130
down €130 (-9.5%), from €1,365 to €1,235
- Financial charges +€98
up €98, from -€30 to €68
- Taxes -€76
down €76 (-22.7%), from €336 to €260
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 | €66,348 | €55,969 | -€10,379 | -15.6% |
| Fixed assets | 21/28 | €11,971 | €11,053 | -€918 | -7.7% |
| Tangible fixed assets | 22/27 | €11,971 | €11,053 | -€918 | -7.7% |
| Plant, machinery and equipment | 23 | €5,610 | €5,498 | -€112 | -2.0% |
| Other tangible fixed assets | 26 | €6,361 | €5,555 | -€806 | -12.7% |
| Current assets | 29/58 | €54,377 | €44,916 | -€9,460 | -17.4% |
| Stocks and contracts in progress | 3 | €6,000 | €2,426 | -€3,575 | -59.6% |
| Stocks | 30/36 | €6,000 | €2,426 | -€3,575 | -59.6% |
| Amounts receivable within one year | 40/41 | €3,408 | €1,268 | -€2,141 | -62.8% |
| Trade receivables | 40 | €2,647 | €727 | -€1,920 | -72.5% |
| Other amounts receivable | 41 | €762 | €541 | -€220 | -28.9% |
| Cash at bank and in hand | 54/58 | €44,729 | €37,856 | -€6,873 | -15.4% |
| Deferred charges and accrued income | 490/1 | €239 | €3,367 | +€3,128 | +1,309% |
| Total equity and liabilities | 10/49 | €66,348 | €55,969 | -€10,379 | -15.6% |
| Equity | 10/15 | €15,098 | €7,388 | -€7,710 | -51.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,998 | €7,288 | -€7,710 | -51.4% |
| Amounts payable | 17/49 | €51,249 | €48,581 | -€2,669 | -5.2% |
| Amounts payable within one year | 42/48 | €51,249 | €48,581 | -€2,669 | -5.2% |
| Trade debts | 44 | €1,498 | €480 | -€1,017 | -67.9% |
| Suppliers | 440/4 | €1,498 | €480 | -€1,017 | -67.9% |
| Taxes, remuneration and social security | 45 | €1,272 | €2,934 | +€1,662 | +131% |
| Taxes | 450/3 | €1,272 | €2,934 | +€1,662 | +131% |
| Other amounts payable | 47/48 | €48,480 | €45,167 | -€3,313 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,360 | €2,590 | -€770 | -22.9% |
| Other operating charges | 640/8 | €1,365 | €1,235 | -€130 | -9.5% |
| Gross operating margin | 9900 | -€220 | -€3,557 | -€3,337 | -1,515% |
| Operating profit (loss) | 9901 | -€4,945 | -€7,382 | -€2,437 | -49.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | -€30 | €68 | +€98 | |
| Recurring financial charges | 65 | -€30 | €68 | +€98 | |
| Profit (loss) for the period before taxes | 9903 | -€4,916 | -€7,451 | -€2,535 | -51.6% |
| Income taxes | 67/77 | €336 | €260 | -€76 | -22.7% |
| Profit (loss) for the period | 9904 | -€5,251 | -€7,710 | -€2,459 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,251 | -€7,710 | -€2,459 | -46.8% |
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 23 October 2026 via checked.be.