ZETA SERVICES: 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.
ZETA SERVICES
Largest movements
- Receivables within one year -€10,714
down €10,714 (-97.9%), from €10,939 to €225
- Tangible fixed assets -€10,165
down €10,165 (-89.6%), from €11,341 to €1,176
of which Furniture and vehicles: -€9,820
- Cash -€9,788
down €9,788 (-73.4%), from €13,332 to €3,544
mainly Net result for the year (-€15,460) and Trade debts (-€12,255)
- Deferred charges and accrued income -€387
down €387 (-76.3%), from €507 to €120
- Profit (loss) carried forward -€15,460
down €15,460 (-27.3%), from -€56,692 to -€72,152
- Trade debts -€12,255
down €12,255 (-94.5%), from €12,963 to €708
- Tax, wage and social debts -€11,232
down €11,232 (-30.6%), from €36,731 to €25,499
of which Remuneration and social security: -€6,033
- Other debts +€7,808
up €7,808 (+20.9%), from €37,332 to €45,140
- Gross operating margin -€26,370
down €26,370, from €24,771 to -€1,599
- Staff costs -€8,760
down €8,760 (-67.2%), from €13,038 to €4,278
- Depreciation -€428
down €428 (-20.3%), from €2,109 to €1,681
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,334 | €7,195 | -€31,139 | -81.2% |
| Formation expenses | 20 | €115 | - | -€115 | |
| Fixed assets | 21/28 | €13,441 | €3,306 | -€10,135 | -75.4% |
| Tangible fixed assets | 22/27 | €11,341 | €1,176 | -€10,165 | -89.6% |
| Plant, machinery and equipment | 23 | €758 | €413 | -€345 | -45.5% |
| Furniture and vehicles | 24 | €10,583 | €763 | -€9,820 | -92.8% |
| Financial fixed assets | 28 | €2,100 | €2,130 | +€30 | +1.4% |
| Current assets | 29/58 | €24,778 | €3,889 | -€20,889 | -84.3% |
| Amounts receivable within one year | 40/41 | €10,939 | €225 | -€10,714 | -97.9% |
| Trade receivables | 40 | €10,939 | €225 | -€10,714 | -97.9% |
| Cash at bank and in hand | 54/58 | €13,332 | €3,544 | -€9,788 | -73.4% |
| Deferred charges and accrued income | 490/1 | €507 | €120 | -€387 | -76.3% |
| Total equity and liabilities | 10/49 | €38,334 | €7,195 | -€31,139 | -81.2% |
| Equity | 10/15 | -€48,692 | -€64,152 | -€15,460 | -31.8% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,692 | -€72,152 | -€15,460 | -27.3% |
| Amounts payable | 17/49 | €87,026 | €71,347 | -€15,679 | -18.0% |
| Amounts payable within one year | 42/48 | €87,026 | €71,347 | -€15,679 | -18.0% |
| Trade debts | 44 | €12,963 | €708 | -€12,255 | -94.5% |
| Suppliers | 440/4 | €12,963 | €708 | -€12,255 | -94.5% |
| Taxes, remuneration and social security | 45 | €36,731 | €25,499 | -€11,232 | -30.6% |
| Taxes | 450/3 | €6,805 | €1,606 | -€5,199 | -76.4% |
| Remuneration and social security | 454/9 | €29,926 | €23,893 | -€6,033 | -20.2% |
| Other amounts payable | 47/48 | €37,332 | €45,140 | +€7,808 | +20.9% |
| Remuneration, social security and pensions | 62 | €13,038 | €4,278 | -€8,760 | -67.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,109 | €1,681 | -€428 | -20.3% |
| Other operating charges | 640/8 | €1,592 | €1,548 | -€44 | -2.8% |
| Non-recurring operating charges | 66A | €1,389 | €6,135 | +€4,746 | +342% |
| Gross operating margin | 9900 | €24,771 | -€1,599 | -€26,370 | |
| Operating profit (loss) | 9901 | €6,643 | -€15,241 | -€21,884 | |
| Financial income | 75/76B | €49 | €12 | -€37 | -75.5% |
| Recurring financial income | 75 | €49 | €12 | -€37 | -75.5% |
| Financial charges | 65/66B | €280 | €231 | -€49 | -17.5% |
| Recurring financial charges | 65 | €280 | €231 | -€49 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €6,412 | -€15,460 | -€21,872 | |
| Profit (loss) for the period | 9904 | €6,412 | -€15,460 | -€21,872 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,412 | -€15,460 | -€21,872 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.