ZEYO Management: 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.
ZEYO Management
Largest movements
- Receivables within one year -€202,080
down €202,080 (-32.6%), from €620,827 to €418,747
of which Other amounts receivable: -€299,779
- Deferred charges and accrued income +€57,846
up €57,846 (+34,416%), from €168 to €58,014
- Tangible fixed assets -€14,489
down €14,489 (-18.8%), from €77,043 to €62,554
of which Plant, machinery and equipment: -€11,150
- Cash -€7,468
down €7,468 (-99.9%), from €7,475 to €6
mainly Other debts (-€382,938) and Deferred charges and accrued income (-€57,846)
- Other debts -€382,938
down €382,938 (-80.2%), from €477,246 to €94,308
- Trade debts +€97,644
up €97,644 (+178%), from €54,962 to €152,606
- Profit (loss) carried forward +€53,696
up €53,696 (+71.8%), from €74,769 to €128,465
- Tax, wage and social debts +€27,545
up €27,545 (+72.8%), from €37,818 to €65,364
of which Taxes: +€27,545
- Current portion of long-term debt +€24,447
up €24,447 (+337%), from €7,256 to €31,703
- Gross operating margin +€30,269
up €30,269 (+61.4%), from €49,311 to €79,579
- Taxes +€13,722
up €13,722, from €0 to €13,722
- Financial charges +€5,636
up €5,636 (+56.2%), from €10,020 to €15,656
- Other operating charges +€3,222
up €3,222 (+191%), from €1,691 to €4,913
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 | €706,513 | €539,321 | -€167,192 | -23.7% |
| Fixed assets | 21/28 | €78,043 | €62,554 | -€15,489 | -19.8% |
| Tangible fixed assets | 22/27 | €77,043 | €62,554 | -€14,489 | -18.8% |
| Plant, machinery and equipment | 23 | €52,243 | €41,093 | -€11,150 | -21.3% |
| Furniture and vehicles | 24 | €959 | €703 | -€256 | -26.7% |
| Other tangible fixed assets | 26 | €23,841 | €20,758 | -€3,084 | -12.9% |
| Financial fixed assets | 28 | €1,000 | €0 | -€1,000 | -100% |
| Current assets | 29/58 | €628,469 | €476,767 | -€151,702 | -24.1% |
| Amounts receivable within one year | 40/41 | €620,827 | €418,747 | -€202,080 | -32.6% |
| Trade receivables | 40 | €112,989 | €210,688 | +€97,699 | +86.5% |
| Other amounts receivable | 41 | €507,837 | €208,059 | -€299,779 | -59.0% |
| Cash at bank and in hand | 54/58 | €7,475 | €6 | -€7,468 | -99.9% |
| Deferred charges and accrued income | 490/1 | €168 | €58,014 | +€57,846 | +34,416% |
| Total equity and liabilities | 10/49 | €706,513 | €539,321 | -€167,192 | -23.7% |
| Equity | 10/15 | €79,769 | €133,465 | +€53,696 | +67.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,769 | €128,465 | +€53,696 | +71.8% |
| Amounts payable | 17/49 | €626,743 | €405,856 | -€220,887 | -35.2% |
| Amounts payable after more than one year | 17 | €49,138 | €58,932 | +€9,794 | +19.9% |
| Financial debts | 170/4 | €49,138 | €58,932 | +€9,794 | +19.9% |
| Amounts payable within one year | 42/48 | €577,282 | €346,924 | -€230,359 | -39.9% |
| Current portion of amounts payable after more than one year | 42 | €7,256 | €31,703 | +€24,447 | +337% |
| Financial debts | 43 | - | €2,944 | +€2,944 | |
| Credit institutions | 430/8 | - | €2,944 | +€2,944 | |
| Trade debts | 44 | €54,962 | €152,606 | +€97,644 | +178% |
| Suppliers | 440/4 | €54,962 | €152,606 | +€97,644 | +178% |
| Taxes, remuneration and social security | 45 | €37,818 | €65,364 | +€27,545 | +72.8% |
| Taxes | 450/3 | €37,818 | €65,364 | +€27,545 | +72.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €477,246 | €94,308 | -€382,938 | -80.2% |
| Accrued charges and deferred income | 492/3 | €323 | €0 | -€323 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,208 | €16,560 | +€352 | +2.2% |
| Other operating charges | 640/8 | €1,691 | €4,913 | +€3,222 | +191% |
| Gross operating margin | 9900 | €49,311 | €79,579 | +€30,269 | +61.4% |
| Operating profit (loss) | 9901 | €31,411 | €58,106 | +€26,695 | +85.0% |
| Financial income | 75/76B | €0 | €128 | +€128 | +321,100% |
| Recurring financial income | 75 | €0 | €128 | +€128 | +321,100% |
| Financial charges | 65/66B | €10,020 | €15,656 | +€5,636 | +56.2% |
| Recurring financial charges | 65 | €10,020 | €15,656 | +€5,636 | +56.2% |
| Profit (loss) for the period before taxes | 9903 | €21,391 | €42,579 | +€21,187 | +99.0% |
| Income taxes | 67/77 | €0 | €13,722 | +€13,722 | |
| Profit (loss) for the period | 9904 | €21,391 | €28,857 | +€7,465 | +34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,391 | €28,857 | +€7,465 | +34.9% |
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 18 October 2026 via checked.be.