ZILEO: 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.
ZILEO
Largest movements
- Cash +€43,951
up €43,951 (+540.7%), from €8,128 to €52,079
mainly Receivables within one year (+€21,460) and Trade debts (+€17,874)
- Receivables within one year -€21,460
down €21,460 (-59.5%), from €36,056 to €14,596
of which Other amounts receivable: -€33,899
- Tangible fixed assets -€7,873
down €7,873 (-3.4%), from €229,560 to €221,687
of which Land and buildings: -€7,733
- Trade debts +€17,874
up €17,874 (+1600.2%), from €1,117 to €18,991
- Debts after one year -€5,063
down €5,063 (-5.6%), from €90,717 to €85,654
- Reserves +€5,000
up €5,000 (+3.3%), from €150,000 to €155,000
- Gross operating margin -€4,330
down €4,330 (-18.5%), from €23,415 to €19,085
- Financial income -€1,514
no longer reported in 2024 (was €1,514)
- Taxes -€1,086
down €1,086 (-45.1%), from €2,406 to €1,320
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 | €273,744 | €288,362 | +€14,618 | +5.3% |
| Fixed assets | 21/28 | €229,560 | €221,687 | -€7,873 | -3.4% |
| Tangible fixed assets | 22/27 | €229,560 | €221,687 | -€7,873 | -3.4% |
| Land and buildings | 22 | €229,420 | €221,687 | -€7,733 | -3.4% |
| Furniture and vehicles | 24 | €140 | - | -€140 | |
| Current assets | 29/58 | €44,184 | €66,675 | +€22,491 | +50.9% |
| Amounts receivable within one year | 40/41 | €36,056 | €14,596 | -€21,460 | -59.5% |
| Trade receivables | 40 | €2,087 | €14,526 | +€12,439 | +596.0% |
| Other amounts receivable | 41 | €33,969 | €70 | -€33,899 | -99.8% |
| Cash at bank and in hand | 54/58 | €8,128 | €52,079 | +€43,951 | +540.7% |
| Total equity and liabilities | 10/49 | €273,744 | €288,362 | +€14,618 | +5.3% |
| Equity | 10/15 | €161,646 | €165,868 | +€4,222 | +2.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €150,000 | €155,000 | +€5,000 | +3.3% |
| Distributable reserves | 133 | €150,000 | €155,000 | +€5,000 | +3.3% |
| Profit (loss) carried forward | 14 | €1,646 | €868 | -€778 | -47.3% |
| Amounts payable | 17/49 | €112,098 | €122,494 | +€10,396 | +9.3% |
| Amounts payable after more than one year | 17 | €90,717 | €85,654 | -€5,063 | -5.6% |
| Financial debts | 170/4 | €90,717 | €85,654 | -€5,063 | -5.6% |
| Amounts payable within one year | 42/48 | €21,201 | €36,840 | +€15,639 | +73.8% |
| Current portion of amounts payable after more than one year | 42 | €5,064 | €5,063 | -€1 | 0.0% |
| Trade debts | 44 | €1,117 | €18,991 | +€17,874 | +1600.2% |
| Suppliers | 440/4 | €1,117 | €18,991 | +€17,874 | +1600.2% |
| Taxes, remuneration and social security | 45 | €4,714 | €3,987 | -€727 | -15.4% |
| Taxes | 450/3 | €4,714 | €3,987 | -€727 | -15.4% |
| Other amounts payable | 47/48 | €10,306 | €8,799 | -€1,507 | -14.6% |
| Accrued charges and deferred income | 492/3 | €180 | - | -€180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,963 | €7,873 | -€90 | -1.1% |
| Other operating charges | 640/8 | €568 | €768 | +€200 | +35.2% |
| Gross operating margin | 9900 | €23,415 | €19,085 | -€4,330 | -18.5% |
| Operating profit (loss) | 9901 | €14,884 | €10,444 | -€4,440 | -29.8% |
| Financial income | 75/76B | €1,514 | - | -€1,514 | |
| Recurring financial income | 75 | €1,514 | - | -€1,514 | |
| Financial charges | 65/66B | €4,897 | €4,902 | +€5 | +0.1% |
| Recurring financial charges | 65 | €4,897 | €4,902 | +€5 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €11,501 | €5,542 | -€5,959 | -51.8% |
| Income taxes | 67/77 | €2,406 | €1,320 | -€1,086 | -45.1% |
| Profit (loss) for the period | 9904 | €9,095 | €4,222 | -€4,873 | -53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,095 | €4,222 | -€4,873 | -53.6% |
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 11 October 2026 via checked.be.