ZERWASTE: 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.
ZERWASTE
Largest movements
- Receivables within one year -€64,100
down €64,100 (-97.8%), from €65,573 to €1,473
of which Trade receivables: -€55,013
- Cash +€5,490
up €5,490 (+54.0%), from €10,165 to €15,655
mainly Receivables within one year (+€64,100) and Deferred charges and accrued income (+€322)
- Trade debts -€50,579
down €50,579 (-100%), from €50,579 to €0
- Profit (loss) carried forward -€8,477
down €8,477, from €1,102 to -€7,375
- Gross operating margin -€30,068
down €30,068, from €22,205 to -€7,863
- Taxes -€4,032
down €4,032 (-100%), from €4,032 to €0
- Depreciation -€1,118
down €1,118 (-98.0%), from €1,141 to €23
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.
Derived cash bridge
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 | €76,183 | €17,127 | -€59,056 | -77.5% |
| Fixed assets | 21/28 | €124 | €0 | -€124 | -100% |
| Tangible fixed assets | 22/27 | €23 | €0 | -€23 | -100% |
| Furniture and vehicles | 24 | €23 | €0 | -€23 | -100% |
| Financial fixed assets | 28 | €101 | €0 | -€101 | -100% |
| Current assets | 29/58 | €76,060 | €17,127 | -€58,932 | -77.5% |
| Amounts receivable within one year | 40/41 | €65,573 | €1,473 | -€64,100 | -97.8% |
| Trade receivables | 40 | €55,013 | €0 | -€55,013 | -100% |
| Other amounts receivable | 41 | €10,560 | €1,473 | -€9,088 | -86.1% |
| Cash at bank and in hand | 54/58 | €10,165 | €15,655 | +€5,490 | +54.0% |
| Deferred charges and accrued income | 490/1 | €322 | €0 | -€322 | -100% |
| Total equity and liabilities | 10/49 | €76,183 | €17,127 | -€59,056 | -77.5% |
| Equity | 10/15 | €25,473 | €16,996 | -€8,477 | -33.3% |
| Contributions | 10/11 | €24,371 | €24,371 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,102 | -€7,375 | -€8,477 | |
| Amounts payable | 17/49 | €50,711 | €132 | -€50,579 | -99.7% |
| Amounts payable within one year | 42/48 | €50,711 | €132 | -€50,579 | -99.7% |
| Trade debts | 44 | €50,579 | €0 | -€50,579 | -100% |
| Suppliers | 440/4 | €50,579 | €0 | -€50,579 | -100% |
| Other amounts payable | 47/48 | €132 | €132 | = | 0.0% |
| Remuneration, social security and pensions | 62 | -€202 | €0 | +€202 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,141 | €23 | -€1,118 | -98.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €22,205 | -€7,863 | -€30,068 | |
| Operating profit (loss) | 9901 | €20,879 | -€8,285 | -€29,164 | |
| Financial income | 75/76B | €12 | €0 | -€12 | -100% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -100% |
| Financial charges | 65/66B | €308 | €191 | -€117 | -37.9% |
| Recurring financial charges | 65 | €308 | €191 | -€117 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €20,582 | -€8,477 | -€29,059 | |
| Income taxes | 67/77 | €4,032 | €0 | -€4,032 | -100% |
| Profit (loss) for the period | 9904 | €16,550 | -€8,477 | -€25,027 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,550 | -€8,477 | -€25,027 |
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 28 October 2026 via checked.be.