ZEPHYR HILL SERVICES: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
ZEPHYR HILL SERVICES
Largest movements
- Cash +€25,538
up €25,538 (+98.4%), from €25,945 to €51,483
mainly Receivables within one year (+€19,307) and Net result for the year (+€15,132)
- Receivables within one year -€19,307
down €19,307 (-66.0%), from €29,269 to €9,962
of which Trade receivables: -€18,378
- Reserves +€15,132
up €15,132 (+113%), from €13,450 to €28,581
- Trade debts +€13,550
up €13,550 (+149%), from €9,124 to €22,675
- Other debts -€12,672
down €12,672 (-78.2%), from €16,208 to €3,536
- Tax, wage and social debts -€9,617
no longer reported in 2025 (was €9,617)
- Gross operating margin -€12,158
down €12,158 (-32.7%), from €37,131 to €24,973
- Taxes +€1,401
up €1,401 (+23.5%), from €5,956 to €7,356
- Depreciation +€912
up €912 (+4,647%), from €20 to €931
- Other operating charges +€673
up €673 (+1,346%), from €50 to €723
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,796 | €63,318 | +€6,522 | +11.5% |
| Fixed assets | 21/28 | €1,582 | €1,873 | +€291 | +18.4% |
| Tangible fixed assets | 22/27 | €1,582 | €1,873 | +€291 | +18.4% |
| Furniture and vehicles | 24 | €1,582 | €1,873 | +€291 | +18.4% |
| Current assets | 29/58 | €55,214 | €61,445 | +€6,231 | +11.3% |
| Amounts receivable within one year | 40/41 | €29,269 | €9,962 | -€19,307 | -66.0% |
| Trade receivables | 40 | €27,725 | €9,346 | -€18,378 | -66.3% |
| Other amounts receivable | 41 | €1,544 | €616 | -€928 | -60.1% |
| Cash at bank and in hand | 54/58 | €25,945 | €51,483 | +€25,538 | +98.4% |
| Total equity and liabilities | 10/49 | €56,796 | €63,318 | +€6,522 | +11.5% |
| Equity | 10/15 | €19,650 | €34,781 | +€15,132 | +77.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,450 | €28,581 | +€15,132 | +113% |
| Distributable reserves | 133 | €13,450 | €28,581 | +€15,132 | +113% |
| Amounts payable | 17/49 | €37,146 | €28,537 | -€8,609 | -23.2% |
| Amounts payable within one year | 42/48 | €34,949 | €26,483 | -€8,466 | -24.2% |
| Trade debts | 44 | €9,124 | €22,675 | +€13,550 | +149% |
| Suppliers | 440/4 | €9,124 | €22,675 | +€13,550 | +149% |
| Advances received on contracts in progress | 46 | - | €272 | +€272 | |
| Taxes, remuneration and social security | 45 | €9,617 | - | -€9,617 | |
| Taxes | 450/3 | €9,617 | - | -€9,617 | |
| Other amounts payable | 47/48 | €16,208 | €3,536 | -€12,672 | -78.2% |
| Accrued charges and deferred income | 492/3 | €2,197 | €2,054 | -€144 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20 | €931 | +€912 | +4,647% |
| Other operating charges | 640/8 | €50 | €723 | +€673 | +1,346% |
| Gross operating margin | 9900 | €37,131 | €24,973 | -€12,158 | -32.7% |
| Operating profit (loss) | 9901 | €37,062 | €23,319 | -€13,743 | -37.1% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €1,008 | €840 | -€168 | -16.7% |
| Recurring financial charges | 65 | €1,008 | €840 | -€168 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €36,054 | €22,488 | -€13,566 | -37.6% |
| Income taxes | 67/77 | €5,956 | €7,356 | +€1,401 | +23.5% |
| Profit (loss) for the period | 9904 | €30,098 | €15,132 | -€14,966 | -49.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,098 | €15,132 | -€14,966 | -49.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.