ZEST CONSULTING: 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.
ZEST CONSULTING
Largest movements
- Cash -€461,797
down €461,797 (-10.1%), from €4.6m to €4.1m
mainly Receivables within one year (-€375,373) and Net result for the year (-€92,910)
- Receivables within one year +€375,373
up €375,373 (+65.8%), from €570,716 to €946,089
No liability line moved by more than 1% of the balance sheet total.
- Taxes +€59,635
up €59,635 (+199%), from €29,905 to €89,540
- Gross operating margin -€18,490
down €18,490 (-311%), from -€5,942 to -€24,433
- Financial income +€4,000
up €4,000 (+21.8%), from €18,335 to €22,335
- Other operating charges -€290
down €290 (-20.2%), from €1,433 to €1,143
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 | €10,368,694 | €10,282,269 | -€86,425 | -0.8% |
| Fixed assets | 21/28 | €120 | €120 | = | 0.0% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €10,368,574 | €10,282,149 | -€86,425 | -0.8% |
| Amounts receivable after more than one year | 29 | €5,223,661 | €5,223,661 | -€1 | 0.0% |
| Other amounts receivable | 291 | €5,223,661 | €5,223,661 | -€1 | 0.0% |
| Amounts receivable within one year | 40/41 | €570,716 | €946,089 | +€375,373 | +65.8% |
| Other amounts receivable | 41 | €570,716 | €946,089 | +€375,373 | +65.8% |
| Cash at bank and in hand | 54/58 | €4,574,197 | €4,112,399 | -€461,797 | -10.1% |
| Total equity and liabilities | 10/49 | €10,368,694 | €10,282,269 | -€86,425 | -0.8% |
| Equity | 10/15 | €10,368,694 | €10,275,784 | -€92,910 | -0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €747 | €747 | = | 0.0% |
| Distributable reserves | 133 | €747 | €747 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,361,747 | €10,268,837 | -€92,910 | -0.9% |
| Amounts payable | 17/49 | - | €6,485 | +€6,485 | |
| Amounts payable within one year | 42/48 | - | €6,485 | +€6,485 | |
| Trade debts | 44 | - | €6,485 | +€6,485 | |
| Suppliers | 440/4 | - | €6,485 | +€6,485 | |
| Other operating charges | 640/8 | €1,433 | €1,143 | -€290 | -20.2% |
| Gross operating margin | 9900 | -€5,942 | -€24,433 | -€18,490 | -311% |
| Operating profit (loss) | 9901 | -€7,375 | -€25,575 | -€18,200 | -247% |
| Financial income | 75/76B | €18,335 | €22,335 | +€4,000 | +21.8% |
| Recurring financial income | 75 | €18,335 | €22,335 | +€4,000 | +21.8% |
| Financial charges | 65/66B | €213 | €129 | -€84 | -39.5% |
| Recurring financial charges | 65 | €213 | €129 | -€84 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | €10,747 | -€3,370 | -€14,116 | |
| Income taxes | 67/77 | €29,905 | €89,540 | +€59,635 | +199% |
| Profit (loss) for the period | 9904 | -€19,158 | -€92,910 | -€73,751 | -385% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,158 | -€92,910 | -€73,751 | -385% |
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 24 October 2026 via checked.be.