Zerga: 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.
Zerga
Largest movements
- Intangible fixed assets -€8,000
no longer reported in 2013 (was €8,000)
- Tangible fixed assets -€684
down €684 (-41.3%), from €1,657 to €973
- Current assets -€232
down €232 (-10.2%), from €2,285 to €2,053
of which Cash: -€1,023
- Profit (loss) carried forward -€9,477
down €9,477 (-13.1%), from -€72,299 to -€81,776
- Debts within one year +€561
up €561 (+0.7%), from €77,181 to €77,742
- Gross operating margin +€874
up €874 (+53.6%), from -€1,632 to -€758
- Depreciation -€67
down €67 (-0.8%), from €8,751 to €8,684
From the 2012 result to the 2013 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2012 | 2013 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,942 | €3,026 | -€8,916 | -74.7% |
| Fixed assets | 21/28 | €9,657 | €973 | -€8,684 | -89.9% |
| Intangible fixed assets | 21 | €8,000 | - | -€8,000 | |
| Tangible fixed assets | 22/27 | €1,657 | €973 | -€684 | -41.3% |
| Current assets | 29/58 | €2,285 | €2,053 | -€232 | -10.2% |
| Amounts receivable within one year | 40/41 | €463 | €1,110 | +€647 | +140% |
| Cash at bank and in hand | 54/58 | €1,822 | €799 | -€1,023 | -56.1% |
| Total equity and liabilities | 10/49 | €11,942 | €3,026 | -€8,916 | -74.7% |
| Equity | 10/15 | -€65,239 | -€74,716 | -€9,477 | -14.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €860 | €860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,299 | -€81,776 | -€9,477 | -13.1% |
| Amounts payable | 17/49 | €77,181 | €77,742 | +€561 | +0.7% |
| Amounts payable within one year | 42/48 | €77,181 | €77,742 | +€561 | +0.7% |
| Trade debts | 44 | €52 | - | -€52 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,751 | €8,684 | -€67 | -0.8% |
| Gross operating margin | 9900 | -€1,632 | -€758 | +€874 | +53.6% |
| Operating profit (loss) | 9901 | -€10,731 | -€9,790 | +€941 | +8.8% |
| Recurring financial income | 75 | €19 | €18 | -€1 | -5.3% |
| Recurring financial charges | 65 | - | €33 | +€33 | |
| Profit (loss) for the period before taxes | 9903 | -€10,712 | -€9,477 | +€1,235 | +11.5% |
| Profit (loss) for the period | 9904 | -€10,712 | -€9,477 | +€1,235 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,712 | -€9,477 | +€1,235 | +11.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2012 and 31 December 2013. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.