ZEZER: what changed
Two fiscal 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.
ZEZER
Largest movements
- Stocks and contracts -€6,178
down €6,178 (-48.2%), from €12,831 to €6,653
- Receivables within one year -€3,000
no longer reported in 2024 (was €3,000)
- Cash +€1,880
up €1,880 (+163.6%), from €1,149 to €3,028
mainly Stocks and contracts (+€6,178) and Receivables within one year (+€3,000)
- Trade debts -€4,549
down €4,549 (-86.7%), from €5,244 to €696
- Profit (loss) carried forward -€2,750
down €2,750 (-40.1%), from -€6,865 to -€9,615
- Gross operating margin -€6,650
down €6,650, from €4,358 to -€2,293
- Purchases and services +€4,729
up €4,729 (+24.2%), from €19,535 to €24,265
- Turnover -€1,921
down €1,921 (-8.0%), from €23,893 to €21,972
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.
Cash bridge derived
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 | €16,979 | €9,681 | -€7,299 | -43.0% |
| Current assets | 29/58 | €16,979 | €9,681 | -€7,299 | -43.0% |
| Stocks and contracts in progress | 3 | €12,831 | €6,653 | -€6,178 | -48.2% |
| Stocks | 30/36 | €12,831 | €6,653 | -€6,178 | -48.2% |
| Amounts receivable within one year | 40/41 | €3,000 | - | -€3,000 | |
| Other amounts receivable | 41 | €3,000 | - | -€3,000 | |
| Cash at bank and in hand | 54/58 | €1,149 | €3,028 | +€1,880 | +163.6% |
| Total equity and liabilities | 10/49 | €16,979 | €9,681 | -€7,299 | -43.0% |
| Equity | 10/15 | €11,735 | €8,985 | -€2,750 | -23.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,865 | -€9,615 | -€2,750 | -40.1% |
| Amounts payable | 17/49 | €5,244 | €696 | -€4,549 | -86.7% |
| Amounts payable within one year | 42/48 | €5,244 | €696 | -€4,549 | -86.7% |
| Trade debts | 44 | €5,244 | €696 | -€4,549 | -86.7% |
| Suppliers | 440/4 | €5,244 | €696 | -€4,549 | -86.7% |
| Turnover | 70 | €23,893 | €21,972 | -€1,921 | -8.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €19,535 | €24,265 | +€4,729 | +24.2% |
| Other operating charges | 640/8 | €485 | €374 | -€111 | -22.9% |
| Gross operating margin | 9900 | €4,358 | -€2,293 | -€6,650 | |
| Operating profit (loss) | 9901 | €3,873 | -€2,666 | -€6,539 | |
| Financial charges | 65/66B | €80 | €84 | +€4 | +5.2% |
| Recurring financial charges | 65 | €80 | €84 | +€4 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €3,793 | -€2,750 | -€6,543 | |
| Profit (loss) for the period | 9904 | €3,793 | -€2,750 | -€6,543 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,793 | -€2,750 | -€6,543 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.