ZEST CONSULTING BE: 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 BE
Largest movements
- Cash -€32,373
down €32,373 (-63.5%), from €51,001 to €18,628
mainly Other debts (-€39,070) and Contributions, distributions and other (-€7,000)
- Tangible fixed assets -€8,657
down €8,657 (-16.5%), from €52,431 to €43,774
of which Furniture and vehicles: -€4,340
- Receivables within one year -€8,300
down €8,300 (-51.1%), from €16,231 to €7,931
of which Trade receivables: -€11,013
- Other debts -€39,070
down €39,070 (-85.7%), from €45,615 to €6,545
- Reserves -€7,000
down €7,000 (-13.5%), from €52,000 to €45,000
- Trade debts -€2,919
down €2,919 (-58.0%), from €5,034 to €2,115
- Financial charges -€26,520
down €26,520 (-52.5%), from €50,499 to €23,979
- Staff costs -€536
no longer reported in 2025 (was €536)
- Other operating charges -€482
down €482 (-24.8%), from €1,946 to €1,464
- Gross operating margin +€442
up €442 (+1.3%), from €33,188 to €33,631
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 | €121,038 | €72,136 | -€48,902 | -40.4% |
| Fixed assets | 21/28 | €52,456 | €43,799 | -€8,657 | -16.5% |
| Tangible fixed assets | 22/27 | €52,431 | €43,774 | -€8,657 | -16.5% |
| Furniture and vehicles | 24 | €12,889 | €8,549 | -€4,340 | -33.7% |
| Other tangible fixed assets | 26 | €39,542 | €35,225 | -€4,318 | -10.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €68,582 | €28,337 | -€40,244 | -58.7% |
| Amounts receivable within one year | 40/41 | €16,231 | €7,931 | -€8,300 | -51.1% |
| Trade receivables | 40 | €16,231 | €5,218 | -€11,013 | -67.9% |
| Other amounts receivable | 41 | €0 | €2,713 | +€2,713 | |
| Cash at bank and in hand | 54/58 | €51,001 | €18,628 | -€32,373 | -63.5% |
| Deferred charges and accrued income | 490/1 | €1,349 | €1,778 | +€429 | +31.8% |
| Total equity and liabilities | 10/49 | €121,038 | €72,136 | -€48,902 | -40.4% |
| Equity | 10/15 | €70,048 | €62,987 | -€7,062 | -10.1% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €52,000 | €45,000 | -€7,000 | -13.5% |
| Distributable reserves | 133 | €52,000 | €45,000 | -€7,000 | -13.5% |
| Profit (loss) carried forward | 14 | €3,788 | €3,727 | -€62 | -1.6% |
| Amounts payable | 17/49 | €50,989 | €9,149 | -€41,840 | -82.1% |
| Amounts payable within one year | 42/48 | €50,989 | €9,115 | -€41,875 | -82.1% |
| Trade debts | 44 | €5,034 | €2,115 | -€2,919 | -58.0% |
| Suppliers | 440/4 | €5,034 | €2,115 | -€2,919 | -58.0% |
| Taxes, remuneration and social security | 45 | €341 | €455 | +€114 | +33.5% |
| Taxes | 450/3 | €341 | €455 | +€114 | +33.5% |
| Other amounts payable | 47/48 | €45,615 | €6,545 | -€39,070 | -85.7% |
| Accrued charges and deferred income | 492/3 | - | €35 | +€35 | |
| Remuneration, social security and pensions | 62 | €536 | - | -€536 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,308 | €8,035 | -€273 | -3.3% |
| Other operating charges | 640/8 | €1,946 | €1,464 | -€482 | -24.8% |
| Gross operating margin | 9900 | €33,188 | €33,631 | +€442 | +1.3% |
| Operating profit (loss) | 9901 | €22,398 | €24,132 | +€1,734 | +7.7% |
| Financial income | 75/76B | €34 | €3 | -€32 | -92.4% |
| Recurring financial income | 75 | €34 | €3 | -€32 | -92.4% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €50,499 | €23,979 | -€26,520 | -52.5% |
| Recurring financial charges | 65 | €50,499 | €23,979 | -€26,520 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | -€28,067 | €155 | +€28,222 | |
| Income taxes | 67/77 | €254 | €217 | -€37 | -14.5% |
| Profit (loss) for the period | 9904 | -€28,321 | -€62 | +€28,259 | +99.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,321 | -€62 | +€28,259 | +99.8% |
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 20 October 2026 via checked.be.