ZFC CONSULTING: 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.
ZFC CONSULTING
Largest movements
- Cash +€7,099
up €7,099 (+22.0%), from €32,260 to €39,359
mainly Depreciation (+€7,876) and Other debts (+€3,988)
- Receivables within one year -€3,651
down €3,651 (-24.3%), from €14,997 to €11,346
of which Other amounts receivable: -€4,038
- Intangible fixed assets -€1,621
down €1,621 (-11.2%), from €14,432 to €12,812
- Deferred charges and accrued income +€796
up €796 (+263%), from €302 to €1,098
- Other debts +€3,988
up €3,988 (+13.4%), from €29,739 to €33,727
- Tax, wage and social debts -€2,877
down €2,877 (-86.6%), from €3,322 to €446
- Profit (loss) carried forward +€857
up €857 (+4.5%), from -€18,893 to -€18,036
- Gross operating margin +€18,460
up €18,460, from -€9,161 to €9,299
- Depreciation -€1,349
down €1,349 (-14.6%), from €9,225 to €7,876
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 | €62,386 | €64,697 | +€2,311 | +3.7% |
| Fixed assets | 21/28 | €14,827 | €12,894 | -€1,933 | -13.0% |
| Intangible fixed assets | 21 | €14,432 | €12,812 | -€1,621 | -11.2% |
| Tangible fixed assets | 22/27 | €395 | €82 | -€313 | -79.2% |
| Furniture and vehicles | 24 | €395 | €82 | -€313 | -79.2% |
| Current assets | 29/58 | €47,559 | €51,803 | +€4,244 | +8.9% |
| Amounts receivable within one year | 40/41 | €14,997 | €11,346 | -€3,651 | -24.3% |
| Trade receivables | 40 | - | €387 | +€387 | |
| Other amounts receivable | 41 | €14,997 | €10,959 | -€4,038 | -26.9% |
| Cash at bank and in hand | 54/58 | €32,260 | €39,359 | +€7,099 | +22.0% |
| Deferred charges and accrued income | 490/1 | €302 | €1,098 | +€796 | +263% |
| Total equity and liabilities | 10/49 | €62,386 | €64,697 | +€2,311 | +3.7% |
| Equity | 10/15 | €28,007 | €28,864 | +€857 | +3.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €42,900 | €42,900 | = | 0.0% |
| Distributable reserves | 133 | €42,900 | €42,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,893 | -€18,036 | +€857 | +4.5% |
| Amounts payable | 17/49 | €34,379 | €35,833 | +€1,453 | +4.2% |
| Amounts payable within one year | 42/48 | €34,379 | €35,833 | +€1,453 | +4.2% |
| Trade debts | 44 | €1,318 | €1,660 | +€342 | +25.9% |
| Suppliers | 440/4 | €1,318 | €1,660 | +€342 | +25.9% |
| Taxes, remuneration and social security | 45 | €3,322 | €446 | -€2,877 | -86.6% |
| Taxes | 450/3 | €3,322 | €446 | -€2,877 | -86.6% |
| Other amounts payable | 47/48 | €29,739 | €33,727 | +€3,988 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,225 | €7,876 | -€1,349 | -14.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€9,161 | €9,299 | +€18,460 | |
| Operating profit (loss) | 9901 | -€18,773 | €1,023 | +€19,796 | |
| Financial charges | 65/66B | €120 | €166 | +€46 | +38.3% |
| Recurring financial charges | 65 | €120 | €166 | +€46 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,893 | €857 | +€19,750 | |
| Profit (loss) for the period | 9904 | -€18,893 | €857 | +€19,750 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,893 | €857 | +€19,750 |
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 20 October 2026 via checked.be.