ZERO.BRUSSELS: 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.
ZERO.BRUSSELS
Largest movements
- Cash +€30,284
up €30,284 (+34.1%), from €88,865 to €119,150
mainly Trade debts (+€31,090) and Other debts (+€11,305)
- Receivables within one year +€9,825
up €9,825 (+325.8%), from €3,015 to €12,841
of which Other amounts receivable: +€9,825
- Trade debts +€31,090
new in 2025: €31,090
- Profit (loss) carried forward -€19,278
new in 2025: -€19,278
- Other debts +€11,305
up €11,305 (+79.9%), from €14,153 to €25,458
- Debts after one year +€10,000
up €10,000 (+17.2%), from €58,000 to €68,000
- Tax, wage and social debts +€8,195
up €8,195 (+436.8%), from €1,876 to €10,072
of which Remuneration and social security: +€7,839
- Staff costs +€43,751
up €43,751 (+1375.5%), from €3,181 to €46,932
- Gross operating margin +€26,034
up €26,034 (+473.2%), from €5,502 to €31,536
- Financial charges +€3,498
up €3,498 (+5762.0%), from €61 to €3,558
- Depreciation +€332
new in 2025: €332
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 | €92,964 | €134,276 | +€41,312 | +44.4% |
| Fixed assets | 21/28 | €1,084 | €1,907 | +€823 | +76.0% |
| Tangible fixed assets | 22/27 | - | €773 | +€773 | |
| Plant, machinery and equipment | 23 | - | €773 | +€773 | |
| Financial fixed assets | 28 | €1,084 | €1,134 | +€50 | +4.6% |
| Current assets | 29/58 | €91,881 | €132,370 | +€40,489 | +44.1% |
| Amounts receivable within one year | 40/41 | €3,015 | €12,841 | +€9,825 | +325.8% |
| Trade receivables | 40 | €1,210 | €1,210 | = | 0.0% |
| Other amounts receivable | 41 | €1,805 | €11,631 | +€9,825 | +544.2% |
| Cash at bank and in hand | 54/58 | €88,865 | €119,150 | +€30,284 | +34.1% |
| Deferred charges and accrued income | 490/1 | - | €379 | +€379 | |
| Total equity and liabilities | 10/49 | €92,964 | €134,276 | +€41,312 | +44.4% |
| Equity | 10/15 | €18,935 | -€343 | -€19,278 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €13,935 | €13,935 | = | 0.0% |
| Distributable reserves | 133 | €13,935 | €13,935 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€19,278 | -€19,278 | |
| Amounts payable | 17/49 | €74,029 | €134,619 | +€60,590 | +81.8% |
| Amounts payable after more than one year | 17 | €58,000 | €68,000 | +€10,000 | +17.2% |
| Financial debts | 170/4 | €58,000 | €68,000 | +€10,000 | +17.2% |
| Amounts payable within one year | 42/48 | €16,029 | €66,619 | +€50,590 | +315.6% |
| Trade debts | 44 | - | €31,090 | +€31,090 | |
| Suppliers | 440/4 | - | €31,090 | +€31,090 | |
| Taxes, remuneration and social security | 45 | €1,876 | €10,072 | +€8,195 | +436.8% |
| Taxes | 450/3 | €719 | €1,076 | +€356 | +49.6% |
| Remuneration and social security | 454/9 | €1,157 | €8,996 | +€7,839 | +677.5% |
| Other amounts payable | 47/48 | €14,153 | €25,458 | +€11,305 | +79.9% |
| Remuneration, social security and pensions | 62 | €3,181 | €46,932 | +€43,751 | +1375.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €332 | +€332 | |
| Gross operating margin | 9900 | €5,502 | €31,536 | +€26,034 | +473.2% |
| Operating profit (loss) | 9901 | €2,321 | -€15,728 | -€18,050 | |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €61 | €3,558 | +€3,498 | +5762.0% |
| Recurring financial charges | 65 | €61 | €3,558 | +€3,498 | +5762.0% |
| Profit (loss) for the period before taxes | 9903 | €2,261 | -€19,278 | -€21,539 | |
| Income taxes | 67/77 | €206 | - | -€206 | |
| Profit (loss) for the period | 9904 | €2,055 | -€19,278 | -€21,333 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,055 | -€19,278 | -€21,333 |
Source: filed annual accounts (NBB), fiscal years ended 14 April 2024 and 14 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.