Zewopa: 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.
Zewopa
Largest movements
- Financial fixed assets -€78,575
down €78,575 (-81.6%), from €96,276 to €17,701
- Receivables within one year +€44,705
up €44,705 (+22.1%), from €202,483 to €247,188
of which Other amounts receivable: +€68,834
- Tangible fixed assets -€33,089
down €33,089 (-26.7%), from €123,793 to €90,705
of which Plant, machinery and equipment: -€22,972
- Deferred charges and accrued income +€10,701
up €10,701 (+67.8%), from €15,785 to €26,486
- Cash +€4,598
up €4,598 (+441.0%), from €1,043 to €5,641
mainly Accrued charges and deferred income (+€87,690) and Net result for the year (+€67,635)
- Debts after one year -€120,000
down €120,000 (-14.6%), from €820,126 to €700,126
- Accrued charges and deferred income +€87,690
up €87,690 (+2735.0%), from €3,206 to €90,896
- Debts within one year -€84,887
down €84,887 (-9.5%), from €894,229 to €809,342
of which Trade debts: -€86,447
- Profit (loss) carried forward +€67,635
up €67,635 (+5.2%), from -€1.3m to -€1.2m
- Gross operating margin -€268,703
down €268,703 (-14.4%), from €1.9m to €1.6m
- Purchases and services +€178,215
up €178,215 (+14.3%), from €1.2m to €1.4m
- Staff costs -€165,480
down €165,480 (-11.0%), from €1.5m to €1.3m
- Turnover +€25,805
up €25,805 (+1.8%), from €1.5m to €1.5m
- Financial charges -€25,740
down €25,740 (-88.9%), from €28,943 to €3,203
of which Non-recurring financial charges: -€17,506
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.
Cash bridge derived
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 | €439,381 | €388,622 | -€50,758 | -11.6% |
| Fixed assets | 21/28 | €220,070 | €108,406 | -€111,664 | -50.7% |
| Tangible fixed assets | 22/27 | €123,793 | €90,705 | -€33,089 | -26.7% |
| Land and buildings | 22 | €43,606 | €34,883 | -€8,722 | -20.0% |
| Plant, machinery and equipment | 23 | €55,981 | €33,009 | -€22,972 | -41.0% |
| Furniture and vehicles | 24 | €24,207 | €22,812 | -€1,395 | -5.8% |
| Financial fixed assets | 28 | €96,276 | €17,701 | -€78,575 | -81.6% |
| Current assets | 29/58 | €219,311 | €280,216 | +€60,906 | +27.8% |
| Amounts receivable after more than one year | 29 | - | €902 | +€902 | |
| Trade receivables | 290 | - | €902 | +€902 | |
| Amounts receivable within one year | 40/41 | €202,483 | €247,188 | +€44,705 | +22.1% |
| Trade receivables | 40 | €197,740 | €173,611 | -€24,129 | -12.2% |
| Other amounts receivable | 41 | €4,743 | €73,577 | +€68,834 | +1451.2% |
| Cash at bank and in hand | 54/58 | €1,043 | €5,641 | +€4,598 | +441.0% |
| Deferred charges and accrued income | 490/1 | €15,785 | €26,486 | +€10,701 | +67.8% |
| Total equity and liabilities | 10/49 | €439,381 | €388,622 | -€50,758 | -11.6% |
| Equity | 10/15 | -€1,278,181 | -€1,211,742 | +€66,439 | +5.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,311,172 | -€1,243,537 | +€67,635 | +5.2% |
| Investment grants | 15 | €1,794 | €598 | -€1,196 | -66.7% |
| Amounts payable | 17/49 | €1,717,561 | €1,600,364 | -€117,197 | -6.8% |
| Amounts payable after more than one year | 17 | €820,126 | €700,126 | -€120,000 | -14.6% |
| Financial debts | 170/4 | €820,126 | €700,126 | -€120,000 | -14.6% |
| Amounts payable within one year | 42/48 | €894,229 | €809,342 | -€84,887 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €120,000 | €120,000 | = | 0.0% |
| Trade debts | 44 | €149,976 | €63,529 | -€86,447 | -57.6% |
| Suppliers | 440/4 | €149,976 | €63,529 | -€86,447 | -57.6% |
| Taxes, remuneration and social security | 45 | €160,013 | €112,275 | -€47,738 | -29.8% |
| Taxes | 450/3 | €8,003 | €0 | -€8,003 | -100.0% |
| Remuneration and social security | 454/9 | €152,010 | €112,275 | -€39,735 | -26.1% |
| Accrued charges and deferred income | 492/3 | €3,206 | €90,896 | +€87,690 | +2735.0% |
| Turnover | 70 | €1,466,924 | €1,492,730 | +€25,805 | +1.8% |
| Membership fees, donations, legacies and grants | 73 | €1,593,711 | €1,428,160 | -€165,551 | -10.4% |
| Non-recurring operating income | 76A | €10,041 | €63,481 | +€53,440 | +532.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,247,595 | €1,425,810 | +€178,215 | +14.3% |
| Remuneration, social security and pensions | 62 | €1,499,049 | €1,333,570 | -€165,480 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,994 | €47,901 | +€6,908 | +16.9% |
| Other operating charges | 640/8 | €25,467 | €30,028 | +€4,561 | +17.9% |
| Non-recurring operating charges | 66A | €377,286 | €123,475 | -€253,811 | -67.3% |
| Gross operating margin | 9900 | €1,871,278 | €1,602,575 | -€268,703 | -14.4% |
| Operating profit (loss) | 9901 | -€71,518 | €67,601 | +€139,119 | |
| Financial income | 75/76B | €5 | €3,237 | +€3,232 | +59733.5% |
| Recurring financial income | 75 | €5 | €2 | -€4 | -65.1% |
| Non-recurring financial income | 76B | - | €3,235 | +€3,235 | |
| Financial charges | 65/66B | €28,943 | €3,203 | -€25,740 | -88.9% |
| Recurring financial charges | 65 | €8,911 | €677 | -€8,234 | -92.4% |
| Non-recurring financial charges | 66B | €20,032 | €2,526 | -€17,506 | -87.4% |
| Profit (loss) for the period before taxes | 9903 | -€100,456 | €67,635 | +€168,091 | |
| Profit (loss) for the period | 9904 | -€100,456 | €67,635 | +€168,091 | |
| Profit (loss) for the period to be appropriated | 9905 | -€100,456 | €67,635 | +€168,091 |
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 12 October 2026 via checked.be.