Zerms: what changed
Two fiscal 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.
Zerms
Largest movements
- Tangible fixed assets -€338
down €338 (-15.6%), from €2,164 to €1,826
of which Furniture and vehicles: -€230
- Receivables within one year +€68
up €68 (+7.3%), from €937 to €1,005
- Other debts +€5,871
up €5,871 (+7.7%), from €76,382 to €82,254
- Profit (loss) carried forward -€2,919
down €2,919 (-3.3%), from -€89,077 to -€91,996
- Tax, wage and social debts -€2,802
no longer reported in 2024 (was €2,802)
of which Remuneration and social security: -€1,636
- Trade debts -€393
down €393 (-6.0%), from €6,571 to €6,177
- Turnover -€22,414
no longer reported in 2024 (was €22,414)
- Purchases and services -€17,171
down €17,171 (-88.4%), from €19,415 to €2,244
- Staff costs -€10,551
down €10,551 (-83.7%), from €12,607 to €2,056
- Gross operating margin -€3,250
down €3,250, from €2,999 to -€251
- Other operating charges -€404
down €404 (-68.4%), from €591 to €187
From the 2023 result to the 2024 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
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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,101 | €2,831 | -€270 | -8.7% |
| Fixed assets | 21/28 | €2,164 | €1,826 | -€338 | -15.6% |
| Tangible fixed assets | 22/27 | €2,164 | €1,826 | -€338 | -15.6% |
| Plant, machinery and equipment | 23 | €324 | €216 | -€108 | -33.3% |
| Furniture and vehicles | 24 | €1,840 | €1,610 | -€230 | -12.5% |
| Current assets | 29/58 | €937 | €1,005 | +€68 | +7.3% |
| Amounts receivable within one year | 40/41 | €937 | €1,005 | +€68 | +7.3% |
| Other amounts receivable | 41 | €937 | €1,005 | +€68 | +7.3% |
| Total equity and liabilities | 10/49 | €3,101 | €2,831 | -€270 | -8.7% |
| Equity | 10/15 | -€82,681 | -€85,599 | -€2,919 | -3.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €197 | €197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20 | €20 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20 | €20 | = | 0.0% |
| Distributable reserves | 133 | €177 | €177 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,077 | -€91,996 | -€2,919 | -3.3% |
| Amounts payable | 17/49 | €85,782 | €88,431 | +€2,649 | +3.1% |
| Amounts payable within one year | 42/48 | €85,782 | €88,431 | +€2,649 | +3.1% |
| Financial debts | 43 | €27 | - | -€27 | |
| Credit institutions | 430/8 | €27 | - | -€27 | |
| Trade debts | 44 | €6,571 | €6,177 | -€393 | -6.0% |
| Suppliers | 440/4 | €6,571 | €6,177 | -€393 | -6.0% |
| Taxes, remuneration and social security | 45 | €2,802 | - | -€2,802 | |
| Taxes | 450/3 | €1,166 | - | -€1,166 | |
| Remuneration and social security | 454/9 | €1,636 | - | -€1,636 | |
| Other amounts payable | 47/48 | €76,382 | €82,254 | +€5,871 | +7.7% |
| Turnover | 70 | €22,414 | - | -€22,414 | |
| Goods, raw materials, services and sundry goods | 60/61 | €19,415 | €2,244 | -€17,171 | -88.4% |
| Remuneration, social security and pensions | 62 | €12,607 | €2,056 | -€10,551 | -83.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €338 | €338 | = | 0.0% |
| Other operating charges | 640/8 | €591 | €187 | -€404 | -68.4% |
| Gross operating margin | 9900 | €2,999 | -€251 | -€3,250 | |
| Operating profit (loss) | 9901 | -€10,538 | -€2,833 | +€7,705 | +73.1% |
| Financial charges | 65/66B | €357 | €86 | -€271 | -75.8% |
| Recurring financial charges | 65 | €357 | €86 | -€271 | -75.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,895 | -€2,919 | +€7,976 | +73.2% |
| Income taxes | 67/77 | €134 | - | -€134 | |
| Profit (loss) for the period | 9904 | -€11,029 | -€2,919 | +€8,110 | +73.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,029 | -€2,919 | +€8,110 | +73.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.