ZEPTEPY: 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.
ZEPTEPY
Largest movements
- Cash +€51,655
up €51,655 (+12.1%), from €428,300 to €479,955
mainly Depreciation (+€25,065) and Net result for the year (+€21,565)
- Tangible fixed assets -€25,065
down €25,065 (-28.3%), from €88,620 to €63,555
of which Land and buildings: -€17,231
- Receivables within one year +€10,836
up €10,836 (+32.6%), from €33,289 to €44,124
of which Trade receivables: +€15,877
- Profit (loss) carried forward +€21,565
up €21,565 (+47.4%), from -€45,472 to -€23,907
- Other debts +€7,660
up €7,660 (+11.8%), from €64,962 to €72,622
- Gross operating margin +€60,881
up €60,881 (+32067.7%), from €190 to €61,070
- Financial charges -€3,123
down €3,123 (-39.4%), from €7,918 to €4,795
- Financial income +€1,898
up €1,898 (+125.5%), from €1,513 to €3,411
- Other operating charges -€1,332
down €1,332 (-9.4%), from €14,142 to €12,810
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 | €550,655 | €587,634 | +€36,980 | +6.7% |
| Fixed assets | 21/28 | €88,620 | €63,555 | -€25,065 | -28.3% |
| Tangible fixed assets | 22/27 | €88,620 | €63,555 | -€25,065 | -28.3% |
| Land and buildings | 22 | €73,175 | €55,944 | -€17,231 | -23.5% |
| Plant, machinery and equipment | 23 | €12,455 | €6,420 | -€6,035 | -48.5% |
| Furniture and vehicles | 24 | €2,012 | €916 | -€1,096 | -54.5% |
| Other tangible fixed assets | 26 | €977 | €274 | -€703 | -72.0% |
| Current assets | 29/58 | €462,035 | €524,080 | +€62,045 | +13.4% |
| Amounts receivable within one year | 40/41 | €33,289 | €44,124 | +€10,836 | +32.6% |
| Trade receivables | 40 | €27,249 | €43,126 | +€15,877 | +58.3% |
| Other amounts receivable | 41 | €6,039 | €999 | -€5,041 | -83.5% |
| Cash at bank and in hand | 54/58 | €428,300 | €479,955 | +€51,655 | +12.1% |
| Deferred charges and accrued income | 490/1 | €446 | - | -€446 | |
| Total equity and liabilities | 10/49 | €550,655 | €587,634 | +€36,980 | +6.7% |
| Equity | 10/15 | €442,118 | €463,683 | +€21,565 | +4.9% |
| Contributions | 10/11 | €283,390 | €283,390 | = | 0.0% |
| Reserves | 13 | €204,200 | €204,200 | = | 0.0% |
| Distributable reserves | 133 | €204,200 | €204,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,472 | -€23,907 | +€21,565 | +47.4% |
| Amounts payable | 17/49 | €108,537 | €123,951 | +€15,414 | +14.2% |
| Amounts payable within one year | 42/48 | €108,537 | €123,951 | +€15,414 | +14.2% |
| Trade debts | 44 | €30,473 | €35,857 | +€5,384 | +17.7% |
| Suppliers | 440/4 | €30,473 | €35,857 | +€5,384 | +17.7% |
| Taxes, remuneration and social security | 45 | €13,103 | €15,473 | +€2,370 | +18.1% |
| Taxes | 450/3 | €13,103 | €15,473 | +€2,370 | +18.1% |
| Other amounts payable | 47/48 | €64,962 | €72,622 | +€7,660 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,913 | €25,065 | +€152 | +0.6% |
| Other operating charges | 640/8 | €14,142 | €12,810 | -€1,332 | -9.4% |
| Gross operating margin | 9900 | €190 | €61,070 | +€60,881 | +32067.7% |
| Operating profit (loss) | 9901 | -€38,865 | €23,196 | +€62,061 | |
| Financial income | 75/76B | €1,513 | €3,411 | +€1,898 | +125.5% |
| Recurring financial income | 75 | €1,513 | €3,411 | +€1,898 | +125.5% |
| Financial charges | 65/66B | €7,918 | €4,795 | -€3,123 | -39.4% |
| Recurring financial charges | 65 | €7,918 | €4,795 | -€3,123 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | -€45,270 | €21,812 | +€67,082 | |
| Income taxes | 67/77 | €202 | €246 | +€45 | +22.1% |
| Profit (loss) for the period | 9904 | -€45,472 | €21,565 | +€67,037 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,472 | €21,565 | +€67,037 |
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 10 October 2026 via checked.be.