Zestology: 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.
Zestology
Largest movements
- Cash +€9,641
up €9,641 (+38.5%), from €25,034 to €34,675
mainly Net result for the year (+€30,829) and Depreciation (+€5,909)
- Stocks and contracts +€4,986
up €4,986 (+57.6%), from €8,655 to €13,641
- Tangible fixed assets -€2,687
down €2,687 (-11.4%), from €23,470 to €20,784
of which Plant, machinery and equipment: -€3,893
- Receivables within one year -€2,452
down €2,452 (-9.8%), from €24,998 to €22,546
of which Trade receivables: -€2,491
- Reserves +€30,829
up €30,829 (+114%), from €26,928 to €57,757
- Trade debts -€11,661
down €11,661 (-67.8%), from €17,209 to €5,548
- Other debts -€5,925
down €5,925 (-48.9%), from €12,121 to €6,196
- Tax, wage and social debts -€3,227
down €3,227 (-14.4%), from €22,433 to €19,207
of which Taxes: -€2,467
- Gross operating margin +€12,764
up €12,764 (+32.8%), from €38,933 to €51,697
- Depreciation +€4,633
up €4,633 (+363%), from €1,276 to €5,909
- Taxes +€2,646
up €2,646 (+25.2%), from €10,485 to €13,131
- Other operating charges +€951
up €951 (+848%), from €112 to €1,063
- Financial charges +€676
up €676 (+516%), from €131 to €806
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 | €82,511 | €92,247 | +€9,736 | +11.8% |
| Fixed assets | 21/28 | €23,470 | €20,784 | -€2,687 | -11.4% |
| Tangible fixed assets | 22/27 | €23,470 | €20,784 | -€2,687 | -11.4% |
| Plant, machinery and equipment | 23 | €23,470 | €19,577 | -€3,893 | -16.6% |
| Furniture and vehicles | 24 | - | €1,206 | +€1,206 | |
| Current assets | 29/58 | €59,041 | €71,464 | +€12,423 | +21.0% |
| Stocks and contracts in progress | 3 | €8,655 | €13,641 | +€4,986 | +57.6% |
| Stocks | 30/36 | €8,655 | €13,641 | +€4,986 | +57.6% |
| Amounts receivable within one year | 40/41 | €24,998 | €22,546 | -€2,452 | -9.8% |
| Trade receivables | 40 | €24,998 | €22,507 | -€2,491 | -10.0% |
| Other amounts receivable | 41 | - | €39 | +€39 | |
| Cash at bank and in hand | 54/58 | €25,034 | €34,675 | +€9,641 | +38.5% |
| Deferred charges and accrued income | 490/1 | €353 | €601 | +€248 | +70.1% |
| Total equity and liabilities | 10/49 | €82,511 | €92,247 | +€9,736 | +11.8% |
| Equity | 10/15 | €28,928 | €59,757 | +€30,829 | +107% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €26,928 | €57,757 | +€30,829 | +114% |
| Distributable reserves | 133 | €26,928 | €57,757 | +€30,829 | +114% |
| Amounts payable | 17/49 | €53,583 | €32,490 | -€21,093 | -39.4% |
| Amounts payable within one year | 42/48 | €51,763 | €30,950 | -€20,813 | -40.2% |
| Trade debts | 44 | €17,209 | €5,548 | -€11,661 | -67.8% |
| Suppliers | 440/4 | €17,209 | €5,548 | -€11,661 | -67.8% |
| Taxes, remuneration and social security | 45 | €22,433 | €19,207 | -€3,227 | -14.4% |
| Taxes | 450/3 | €21,673 | €19,207 | -€2,467 | -11.4% |
| Remuneration and social security | 454/9 | €760 | - | -€760 | |
| Other amounts payable | 47/48 | €12,121 | €6,196 | -€5,925 | -48.9% |
| Accrued charges and deferred income | 492/3 | €1,820 | €1,540 | -€280 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,276 | €5,909 | +€4,633 | +363% |
| Other operating charges | 640/8 | €112 | €1,063 | +€951 | +848% |
| Gross operating margin | 9900 | €38,933 | €51,697 | +€12,764 | +32.8% |
| Operating profit (loss) | 9901 | €37,545 | €44,725 | +€7,180 | +19.1% |
| Financial income | 75/76B | €0 | €42 | +€42 | +416,800% |
| Recurring financial income | 75 | €0 | €42 | +€42 | +416,800% |
| Financial charges | 65/66B | €131 | €806 | +€676 | +516% |
| Recurring financial charges | 65 | €131 | €806 | +€676 | +516% |
| Profit (loss) for the period before taxes | 9903 | €37,414 | €43,960 | +€6,546 | +17.5% |
| Income taxes | 67/77 | €10,485 | €13,131 | +€2,646 | +25.2% |
| Profit (loss) for the period | 9904 | €26,928 | €30,829 | +€3,900 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,928 | €30,829 | +€3,900 | +14.5% |
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 16 October 2026 via checked.be.