Ziltelande: 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.
Ziltelande
Largest movements
- Receivables within one year -€15,000
down €15,000 (-71.4%), from €21,000 to €6,000
- Cash -€5,142
down €5,142 (-96.9%), from €5,308 to €166
mainly Net result for the year (-€54,484) and Accrued charges and deferred income (-€3,581)
- Tangible fixed assets -€1,950
down €1,950 (-43.2%), from €4,510 to €2,561
- Profit (loss) carried forward -€54,484
down €54,484 (-2555.8%), from -€2,132 to -€56,616
- Other debts +€37,765
up €37,765 (+294.5%), from €12,823 to €50,588
- Accrued charges and deferred income -€3,581
down €3,581 (-100.0%), from €3,581 to €0
- Tax, wage and social debts -€1,759
down €1,759 (-27.6%), from €6,378 to €4,618
- Gross operating margin -€56,402
down €56,402, from €6,882 to -€49,520
- Depreciation -€2,383
down €2,383 (-55.0%), from €4,333 to €1,950
- Financial charges -€1,209
down €1,209 (-36.4%), from €3,321 to €2,112
- Taxes -€648
down €648 (-78.5%), from €826 to €177
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 | €32,245 | €10,224 | -€22,020 | -68.3% |
| Fixed assets | 21/28 | €4,510 | €2,561 | -€1,950 | -43.2% |
| Tangible fixed assets | 22/27 | €4,510 | €2,561 | -€1,950 | -43.2% |
| Furniture and vehicles | 24 | €4,510 | €2,561 | -€1,950 | -43.2% |
| Current assets | 29/58 | €27,735 | €7,664 | -€20,071 | -72.4% |
| Amounts receivable within one year | 40/41 | €21,000 | €6,000 | -€15,000 | -71.4% |
| Trade receivables | 40 | €21,000 | €6,000 | -€15,000 | -71.4% |
| Cash at bank and in hand | 54/58 | €5,308 | €166 | -€5,142 | -96.9% |
| Deferred charges and accrued income | 490/1 | €1,427 | €1,498 | +€71 | +5.0% |
| Total equity and liabilities | 10/49 | €32,245 | €10,224 | -€22,020 | -68.3% |
| Equity | 10/15 | €7,868 | -€46,616 | -€54,484 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,132 | -€56,616 | -€54,484 | -2555.8% |
| Amounts payable | 17/49 | €24,376 | €56,840 | +€32,463 | +133.2% |
| Amounts payable within one year | 42/48 | €20,796 | €56,840 | +€36,044 | +173.3% |
| Financial debts | 43 | €49 | €82 | +€33 | +67.6% |
| Credit institutions | 430/8 | €49 | €82 | +€33 | +67.6% |
| Trade debts | 44 | €1,547 | €1,552 | +€5 | +0.3% |
| Suppliers | 440/4 | €1,547 | €1,552 | +€5 | +0.3% |
| Taxes, remuneration and social security | 45 | €6,378 | €4,618 | -€1,759 | -27.6% |
| Taxes | 450/3 | €6,378 | €4,618 | -€1,759 | -27.6% |
| Other amounts payable | 47/48 | €12,823 | €50,588 | +€37,765 | +294.5% |
| Accrued charges and deferred income | 492/3 | €3,581 | €0 | -€3,581 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,333 | €1,950 | -€2,383 | -55.0% |
| Other operating charges | 640/8 | €535 | €725 | +€190 | +35.6% |
| Gross operating margin | 9900 | €6,882 | -€49,520 | -€56,402 | |
| Operating profit (loss) | 9901 | €2,015 | -€52,195 | -€54,209 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €3,321 | €2,112 | -€1,209 | -36.4% |
| Recurring financial charges | 65 | €3,321 | €2,112 | -€1,209 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,306 | -€54,306 | -€53,000 | -4057.9% |
| Income taxes | 67/77 | €826 | €177 | -€648 | -78.5% |
| Profit (loss) for the period | 9904 | -€2,132 | -€54,484 | -€52,352 | -2455.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,132 | -€54,484 | -€52,352 | -2455.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.