ZENVA: 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.
ZENVA
Largest movements
- Receivables within one year -€3,564
down €3,564 (-40.1%), from €8,888 to €5,324
- Tangible fixed assets -€241
down €241 (-10.7%), from €2,244 to €2,003
of which Plant, machinery and equipment: -€538
- Cash -€193
down €193 (-23.7%), from €815 to €622
mainly Net result for the year (-€3,397) and Trade debts (-€2,019)
- Profit (loss) carried forward -€3,397
down €3,397 (-7.2%), from -€46,936 to -€50,334
- Other debts +€2,602
up €2,602 (+11.9%), from €21,857 to €24,459
- Trade debts -€2,019
down €2,019 (-96.6%), from €2,090 to €72
- Debts after one year -€1,092
no longer reported in 2025 (was €1,092)
- Gross operating margin -€13,469
down €13,469, from €11,269 to -€2,199
- Depreciation -€398
down €398 (-40.7%), from €977 to €579
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 | €11,946 | €7,948 | -€3,998 | -33.5% |
| Fixed assets | 21/28 | €2,244 | €2,003 | -€241 | -10.7% |
| Tangible fixed assets | 22/27 | €2,244 | €2,003 | -€241 | -10.7% |
| Plant, machinery and equipment | 23 | €2,244 | €1,705 | -€538 | -24.0% |
| Furniture and vehicles | 24 | - | €298 | +€298 | |
| Current assets | 29/58 | €9,703 | €5,945 | -€3,757 | -38.7% |
| Amounts receivable within one year | 40/41 | €8,888 | €5,324 | -€3,564 | -40.1% |
| Trade receivables | 40 | €8,888 | €5,324 | -€3,564 | -40.1% |
| Cash at bank and in hand | 54/58 | €815 | €622 | -€193 | -23.7% |
| Total equity and liabilities | 10/49 | €11,946 | €7,948 | -€3,998 | -33.5% |
| Equity | 10/15 | -€13,567 | -€16,964 | -€3,397 | -25.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,769 | €14,769 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €12,909 | €12,909 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,936 | -€50,334 | -€3,397 | -7.2% |
| Amounts payable | 17/49 | €25,513 | €24,912 | -€601 | -2.4% |
| Amounts payable after more than one year | 17 | €1,092 | - | -€1,092 | |
| Other amounts payable | 178/9 | €1,092 | - | -€1,092 | |
| Amounts payable within one year | 42/48 | €24,421 | €24,912 | +€491 | +2.0% |
| Trade debts | 44 | €2,090 | €72 | -€2,019 | -96.6% |
| Suppliers | 440/4 | €2,090 | €72 | -€2,019 | -96.6% |
| Taxes, remuneration and social security | 45 | €474 | €381 | -€93 | -19.5% |
| Taxes | 450/3 | €474 | €381 | -€93 | -19.5% |
| Other amounts payable | 47/48 | €21,857 | €24,459 | +€2,602 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €977 | €579 | -€398 | -40.7% |
| Other operating charges | 640/8 | €433 | €449 | +€16 | +3.8% |
| Non-recurring operating charges | 66A | - | €100 | +€100 | |
| Gross operating margin | 9900 | €11,269 | -€2,199 | -€13,469 | |
| Operating profit (loss) | 9901 | €9,860 | -€3,328 | -€13,188 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.2% |
| Financial charges | 65/66B | €91 | €69 | -€21 | -23.5% |
| Recurring financial charges | 65 | €91 | €69 | -€21 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €9,770 | -€3,397 | -€13,167 | |
| Profit (loss) for the period | 9904 | €9,770 | -€3,397 | -€13,167 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,770 | -€3,397 | -€13,167 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.