Zero Systems: 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 Systems
Largest movements
- Deferred charges and accrued income -€8,792
down €8,792 (-98.3%), from €8,947 to €155
- Stocks and contracts -€3,470
down €3,470 (-18.9%), from €18,364 to €14,894
- Tangible fixed assets -€3,143
down €3,143 (-18.2%), from €17,271 to €14,128
of which Plant, machinery and equipment: -€2,679
- Cash +€1,275
up €1,275 (+33.4%), from €3,813 to €5,087
mainly Deferred charges and accrued income (+€8,792) and Depreciation (+€4,267)
- Intangible fixed assets -€1,124
down €1,124 (-21.0%), from €5,342 to €4,218
- Other debts -€11,852
down €11,852 (-47.9%), from €24,762 to €12,910
- Debts after one year -€7,931
down €7,931 (-24.5%), from €32,350 to €24,419
- Tax, wage and social debts +€1,802
new in 2025: €1,802
- Profit (loss) carried forward +€1,651
up €1,651 (+10.6%), from -€15,610 to -€13,959
- Gross operating margin +€8,863
up €8,863 (+855.3%), from €1,036 to €9,900
- Financial charges -€1,655
down €1,655 (-32.4%), from €5,110 to €3,454
- Depreciation +€1,118
up €1,118 (+35.5%), from €3,149 to €4,267
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 | €57,523 | €41,977 | -€15,546 | -27.0% |
| Fixed assets | 21/28 | €22,613 | €18,347 | -€4,267 | -18.9% |
| Intangible fixed assets | 21 | €5,342 | €4,218 | -€1,124 | -21.0% |
| Tangible fixed assets | 22/27 | €17,271 | €14,128 | -€3,143 | -18.2% |
| Plant, machinery and equipment | 23 | €16,200 | €13,521 | -€2,679 | -16.5% |
| Furniture and vehicles | 24 | €1,072 | €608 | -€464 | -43.3% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €34,909 | €23,630 | -€11,279 | -32.3% |
| Stocks and contracts in progress | 3 | €18,364 | €14,894 | -€3,470 | -18.9% |
| Stocks | 30/36 | €18,364 | €14,894 | -€3,470 | -18.9% |
| Amounts receivable within one year | 40/41 | €3,786 | €3,494 | -€292 | -7.7% |
| Other amounts receivable | 41 | €3,786 | €3,494 | -€292 | -7.7% |
| Cash at bank and in hand | 54/58 | €3,813 | €5,087 | +€1,275 | +33.4% |
| Deferred charges and accrued income | 490/1 | €8,947 | €155 | -€8,792 | -98.3% |
| Total equity and liabilities | 10/49 | €57,523 | €41,977 | -€15,546 | -27.0% |
| Equity | 10/15 | -€10,610 | -€8,959 | +€1,651 | +15.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,610 | -€13,959 | +€1,651 | +10.6% |
| Amounts payable | 17/49 | €68,133 | €50,936 | -€17,197 | -25.2% |
| Amounts payable after more than one year | 17 | €32,350 | €24,419 | -€7,931 | -24.5% |
| Financial debts | 170/4 | €32,350 | €24,419 | -€7,931 | -24.5% |
| Amounts payable within one year | 42/48 | €35,370 | €25,593 | -€9,777 | -27.6% |
| Current portion of amounts payable after more than one year | 42 | €7,584 | €7,931 | +€347 | +4.6% |
| Trade debts | 44 | €3,024 | €2,949 | -€74 | -2.5% |
| Suppliers | 440/4 | €3,024 | €2,949 | -€74 | -2.5% |
| Taxes, remuneration and social security | 45 | - | €1,802 | +€1,802 | |
| Taxes | 450/3 | - | €1,802 | +€1,802 | |
| Other amounts payable | 47/48 | €24,762 | €12,910 | -€11,852 | -47.9% |
| Accrued charges and deferred income | 492/3 | €412 | €924 | +€512 | +124.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,149 | €4,267 | +€1,118 | +35.5% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €1,036 | €9,900 | +€8,863 | +855.3% |
| Operating profit (loss) | 9901 | -€2,626 | €5,105 | +€7,731 | |
| Financial charges | 65/66B | €5,110 | €3,454 | -€1,655 | -32.4% |
| Recurring financial charges | 65 | €5,110 | €3,454 | -€1,655 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,736 | €1,651 | +€9,387 | |
| Profit (loss) for the period | 9904 | -€7,736 | €1,651 | +€9,387 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,736 | €1,651 | +€9,387 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.