Zettanee: 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.
Zettanee
Largest movements
- Cash +€3,798
up €3,798 (+8.9%), from €42,780 to €46,578
mainly Net result for the year (+€10,153) and Depreciation (+€9,490)
- Receivables within one year -€3,576
no longer reported in 2024 (was €3,576)
of which Other amounts receivable: -€2,596
- Tangible fixed assets +€1,400
up €1,400 (+2.1%), from €66,312 to €67,712
of which Plant, machinery and equipment: +€9,230
- Debts after one year -€15,000
down €15,000 (-16.7%), from €90,000 to €75,000
- Reserves +€12,049
up €12,049 (+163%), from €7,383 to €19,433
- Other debts +€3,222
up €3,222 (+34.3%), from €9,391 to €12,613
- Tax, wage and social debts +€1,370
up €1,370 (+47.6%), from €2,878 to €4,248
- Gross operating margin +€3,133
up €3,133 (+14.2%), from €21,990 to €25,123
- Taxes -€590
down €590 (-20.9%), from €2,825 to €2,235
- Depreciation +€541
up €541 (+6.0%), from €8,950 to €9,490
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 | €115,255 | €116,911 | +€1,656 | +1.4% |
| Fixed assets | 21/28 | €66,312 | €67,712 | +€1,400 | +2.1% |
| Tangible fixed assets | 22/27 | €66,312 | €67,712 | +€1,400 | +2.1% |
| Land and buildings | 22 | €53,117 | €48,599 | -€4,518 | -8.5% |
| Plant, machinery and equipment | 23 | - | €9,230 | +€9,230 | |
| Furniture and vehicles | 24 | €13,195 | €9,883 | -€3,312 | -25.1% |
| Current assets | 29/58 | €48,943 | €49,199 | +€256 | +0.5% |
| Stocks and contracts in progress | 3 | €1,057 | €1,057 | = | 0.0% |
| Stocks | 30/36 | €1,057 | €1,057 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,576 | - | -€3,576 | |
| Trade receivables | 40 | €980 | - | -€980 | |
| Other amounts receivable | 41 | €2,596 | - | -€2,596 | |
| Cash at bank and in hand | 54/58 | €42,780 | €46,578 | +€3,798 | +8.9% |
| Deferred charges and accrued income | 490/1 | €1,529 | €1,564 | +€34 | +2.2% |
| Total equity and liabilities | 10/49 | €115,255 | €116,911 | +€1,656 | +1.4% |
| Equity | 10/15 | €12,383 | €24,433 | +€12,049 | +97.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,383 | €19,433 | +€12,049 | +163% |
| Distributable reserves | 133 | €7,383 | €19,433 | +€12,049 | +163% |
| Amounts payable | 17/49 | €102,872 | €92,478 | -€10,394 | -10.1% |
| Amounts payable after more than one year | 17 | €90,000 | €75,000 | -€15,000 | -16.7% |
| Financial debts | 170/4 | €90,000 | €75,000 | -€15,000 | -16.7% |
| Amounts payable within one year | 42/48 | €12,872 | €17,478 | +€4,606 | +35.8% |
| Trade debts | 44 | €603 | €617 | +€14 | +2.3% |
| Suppliers | 440/4 | €603 | €617 | +€14 | +2.3% |
| Taxes, remuneration and social security | 45 | €2,878 | €4,248 | +€1,370 | +47.6% |
| Taxes | 450/3 | €2,878 | €4,248 | +€1,370 | +47.6% |
| Other amounts payable | 47/48 | €9,391 | €12,613 | +€3,222 | +34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,950 | €9,490 | +€541 | +6.0% |
| Other operating charges | 640/8 | €2,443 | €2,613 | +€169 | +6.9% |
| Gross operating margin | 9900 | €21,990 | €25,123 | +€3,133 | +14.2% |
| Operating profit (loss) | 9901 | €10,597 | €13,020 | +€2,423 | +22.9% |
| Financial income | 75/76B | €18 | €0 | -€17 | -99.7% |
| Recurring financial income | 75 | €18 | €0 | -€17 | -99.7% |
| Financial charges | 65/66B | €406 | €633 | +€226 | +55.8% |
| Recurring financial charges | 65 | €406 | €633 | +€226 | +55.8% |
| Profit (loss) for the period before taxes | 9903 | €10,208 | €12,387 | +€2,179 | +21.3% |
| Income taxes | 67/77 | €2,825 | €2,235 | -€590 | -20.9% |
| Profit (loss) for the period | 9904 | €7,383 | €10,153 | +€2,769 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,383 | €10,153 | +€2,769 | +37.5% |
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.