Zentrick: 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.
What changed
Zentrick
NACE 62.100, Computer programming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1.5m
2024 · €142,992-€1.6m
Equity
€3.2m
2024 · €4.7m-€1.5m
Cash
€258,351
2024 · €178,920+€79,431
Balance sheet total
€9.1m
2024 · €8.0m+€1.1m
Largest movements
Assets
- Receivables within one year +€1.0m
up €1.0m (+14.0%), from €7.3m to €8.3m
of which Other amounts receivable: +€1.0m
Equity and liabilities
- Other debts +€2.5m
up €2.5m (+108%), from €2.3m to €4.9m
- Profit (loss) carried forward -€1.5m
down €1.5m, from €373,394 to -€1.1m
Income statement
- Turnover +€5.3m
new in 2025: €5.3m
- Gross operating margin -€4.5m
no longer reported in 2025 (was €4.5m)
- Write-downs +€1.6m
new in 2025: €1.6m
- Other operating income +€994,135
new in 2025: €994,135
- Services and other goods +€862,111
new in 2025: €862,111
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.
Result 2024
€142,992
Turnover
+€5.3m
Other operating income
+€994,135
Services and other goods
-€862,111
Staff costs
-€743,535
Depreciation
-€5,549
Write-downs
-€1.6m
Other operating charges
-€13,192
Other operating items
-€4.5m
Financial income
+€4,193
Financial charges
-€71,690
Taxes
-€48,668
Result 2025
-€1.5m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€96,129
Investment
-€16,698
Financing
€0
Cash 2024
€178,920
From operations (derived)
+€96,129
Net result for the year
-€1.5m
Depreciation
+€66,019
Receivables within one year
-€1.0m
Trade debts
+€12,019
Tax, wage and social debts
+€652
Other debts
+€2.5m
Accrued charges and deferred income
-€9,986
Investment (derived)
-€16,698
Investment in fixed assets (net)
-€16,698
Cash 2025
€258,351
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,005,703 | €9,061,283 | +€1.1m | +13.2% |
| Fixed assets | 21/28 | €506,733 | €457,411 | -€49,322 | -9.7% |
| Tangible fixed assets | 22/27 | €346,813 | €343,833 | -€2,980 | -0.9% |
| Plant, machinery and equipment | 23 | €12,640 | €35,514 | +€22,874 | +181% |
| Furniture and vehicles | 24 | €15,452 | €13,242 | -€2,210 | -14.3% |
| Other tangible fixed assets | 26 | €318,721 | €295,077 | -€23,645 | -7.4% |
| Financial fixed assets | 28 | €159,920 | €113,578 | -€46,342 | -29.0% |
| Affiliated companies | 280/1 | - | €0 | = | |
| Participating interests | 280 | - | €0 | = | |
| Other financial fixed assets | 284/8 | - | €113,578 | +€113,578 | |
| Amounts receivable and cash guarantees | 285/8 | - | €113,578 | +€113,578 | |
| Current assets | 29/58 | €7,498,970 | €8,603,873 | +€1.1m | +14.7% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €7,320,050 | €8,345,522 | +€1.0m | +14.0% |
| Trade receivables | 40 | €95 | €84 | -€11 | -11.3% |
| Other amounts receivable | 41 | €7,319,955 | €8,345,437 | +€1.0m | +14.0% |
| Cash at bank and in hand | 54/58 | €178,920 | €258,351 | +€79,431 | +44.4% |
| Total equity and liabilities | 10/49 | €8,005,703 | €9,061,283 | +€1.1m | +13.2% |
| Equity | 10/15 | €4,662,529 | €3,195,928 | -€1.5m | -31.5% |
| Contributions | 10/11 | €2,632,869 | €2,632,869 | = | 0.0% |
| Capital | 10 | €86,953 | €86,953 | = | 0.0% |
| Issued capital | 100 | €86,953 | €86,953 | = | 0.0% |
| Contributions outside capital | 11 | €2,545,916 | €2,545,916 | = | 0.0% |
| Share premium | 1100/10 | €2,545,916 | €2,545,916 | = | 0.0% |
| Reserves | 13 | €1,656,266 | €1,656,266 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,845 | €15,845 | = | 0.0% |
| Legal reserve | 130 | €15,845 | €15,845 | = | 0.0% |
| Distributable reserves | 133 | €1,640,421 | €1,640,421 | = | 0.0% |
| Profit (loss) carried forward | 14 | €373,394 | -€1,093,206 | -€1.5m | |
| Amounts payable | 17/49 | €3,343,174 | €5,865,355 | +€2.5m | +75.4% |
| Amounts payable within one year | 42/48 | €3,273,272 | €5,805,439 | +€2.5m | +77.4% |
| Trade debts | 44 | €63,150 | €75,169 | +€12,019 | +19.0% |
| Suppliers | 440/4 | €63,150 | €75,169 | +€12,019 | +19.0% |
| Taxes, remuneration and social security | 45 | €871,864 | €872,516 | +€652 | +0.1% |
| Taxes | 450/3 | €0 | €20,646 | +€20,646 | |
| Remuneration and social security | 454/9 | €871,864 | €851,870 | -€19,994 | -2.3% |
| Other amounts payable | 47/48 | €2,338,258 | €4,857,754 | +€2.5m | +108% |
| Accrued charges and deferred income | 492/3 | €69,901 | €59,916 | -€9,986 | -14.3% |
| Operating income | 70/76A | - | €6,244,629 | +€6.2m | |
| Turnover | 70 | - | €5,250,494 | +€5.3m | |
| Other operating income | 74 | - | €994,135 | +€994,135 | |
| Operating charges | 60/66A | - | €7,509,244 | +€7.5m | |
| Services and other goods | 61 | - | €862,111 | +€862,111 | |
| Remuneration, social security and pensions | 62 | €4,212,213 | €4,955,748 | +€743,535 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,471 | €66,019 | +€5,549 | +9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,587,391 | +€1.6m | |
| Other operating charges | 640/8 | €24,783 | €37,974 | +€13,192 | +53.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €4,526,279 | - | -€4.5m | |
| Operating profit (loss) | 9901 | €228,812 | -€1,264,616 | -€1.5m | |
| Financial income | 75/76B | €406 | €4,598 | +€4,193 | +1,034% |
| Recurring financial income | 75 | €406 | €4,598 | +€4,193 | +1,034% |
| Income from current assets | 751 | - | €624 | +€624 | |
| Other financial income | 752/9 | - | €3,975 | +€3,975 | |
| Financial charges | 65/66B | €9,875 | €81,565 | +€71,690 | +726% |
| Recurring financial charges | 65 | €9,875 | €34,786 | +€24,912 | +252% |
| Other financial charges | 652/9 | - | €34,786 | +€34,786 | |
| Non-recurring financial charges | 66B | - | €46,778 | +€46,778 | |
| Profit (loss) for the period before taxes | 9903 | €219,343 | -€1,341,582 | -€1.6m | |
| Income taxes | 67/77 | €76,351 | €125,019 | +€48,668 | +63.7% |
| Taxes | 670/3 | - | €125,187 | +€125,187 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €168 | +€168 | |
| Profit (loss) for the period | 9904 | €142,992 | -€1,466,600 | -€1.6m | |
| Profit (loss) for the period to be appropriated | 9905 | €142,992 | -€1,466,600 | -€1.6m |
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 14 October 2026 via checked.be.