ZIMMERHOF: 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.
ZIMMERHOF
Largest movements
- Tangible fixed assets -€104,574
down €104,574 (-4.6%), from €2.3m to €2.2m
of which Land and buildings: -€102,329
- Receivables within one year +€68,909
up €68,909 (+18.3%), from €377,422 to €446,331
of which Other amounts receivable: +€56,035
- Other debts +€142,000
up €142,000 (+58.9%), from €241,000 to €383,000
- Debts after one year -€131,182
down €131,182 (-13.8%), from €948,610 to €817,428
- Profit (loss) carried forward -€36,049
down €36,049 (-18.5%), from -€194,467 to -€230,517
- Gross operating margin -€9,040
down €9,040 (-7.7%), from €118,009 to €108,969
- Financial charges -€7,848
down €7,848 (-21.8%), from €35,929 to €28,081
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 | €2,657,852 | €2,626,724 | -€31,128 | -1.2% |
| Fixed assets | 21/28 | €2,260,796 | €2,156,222 | -€104,574 | -4.6% |
| Tangible fixed assets | 22/27 | €2,259,977 | €2,155,403 | -€104,574 | -4.6% |
| Land and buildings | 22 | €2,250,208 | €2,147,879 | -€102,329 | -4.5% |
| Plant, machinery and equipment | 23 | €9,768 | €7,523 | -€2,245 | -23.0% |
| Financial fixed assets | 28 | €820 | €820 | = | 0.0% |
| Current assets | 29/58 | €397,056 | €470,502 | +€73,447 | +18.5% |
| Amounts receivable within one year | 40/41 | €377,422 | €446,331 | +€68,909 | +18.3% |
| Trade receivables | 40 | €127,862 | €140,736 | +€12,873 | +10.1% |
| Other amounts receivable | 41 | €249,560 | €305,595 | +€56,035 | +22.5% |
| Cash at bank and in hand | 54/58 | €15,593 | €18,111 | +€2,518 | +16.1% |
| Deferred charges and accrued income | 490/1 | €4,040 | €6,060 | +€2,020 | +50.0% |
| Total equity and liabilities | 10/49 | €2,657,852 | €2,626,724 | -€31,128 | -1.2% |
| Equity | 10/15 | €1,305,533 | €1,269,483 | -€36,049 | -2.8% |
| Contributions | 10/11 | €1,500,000 | €1,500,000 | = | 0.0% |
| Capital | 10 | €1,500,000 | €1,500,000 | = | 0.0% |
| Issued capital | 100 | €1,500,000 | €1,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€194,467 | -€230,517 | -€36,049 | -18.5% |
| Amounts payable | 17/49 | €1,352,319 | €1,357,241 | +€4,922 | +0.4% |
| Amounts payable after more than one year | 17 | €948,610 | €817,428 | -€131,182 | -13.8% |
| Financial debts | 170/4 | €948,610 | €817,428 | -€131,182 | -13.8% |
| Amounts payable within one year | 42/48 | €403,709 | €539,813 | +€136,104 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €139,450 | €131,182 | -€8,267 | -5.9% |
| Financial debts | 43 | €5,257 | €5,257 | = | 0.0% |
| Credit institutions | 430/8 | €5,257 | €5,257 | = | 0.0% |
| Trade debts | 44 | €15,237 | €20,017 | +€4,781 | +31.4% |
| Suppliers | 440/4 | €15,237 | €20,017 | +€4,781 | +31.4% |
| Taxes, remuneration and social security | 45 | €2,766 | €357 | -€2,409 | -87.1% |
| Taxes | 450/3 | €2,409 | - | -€2,409 | |
| Remuneration and social security | 454/9 | €357 | €357 | -€0 | 0.0% |
| Other amounts payable | 47/48 | €241,000 | €383,000 | +€142,000 | +58.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,148 | €107,657 | -€491 | -0.5% |
| Other operating charges | 640/8 | €10,905 | €11,301 | +€396 | +3.6% |
| Gross operating margin | 9900 | €118,009 | €108,969 | -€9,040 | -7.7% |
| Operating profit (loss) | 9901 | -€1,044 | -€9,989 | -€8,945 | -857% |
| Financial income | 75/76B | €2,020 | €2,020 | +€0 | 0.0% |
| Recurring financial income | 75 | €2,020 | €2,020 | +€0 | 0.0% |
| Financial charges | 65/66B | €35,929 | €28,081 | -€7,848 | -21.8% |
| Recurring financial charges | 65 | €35,929 | €28,081 | -€7,848 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | -€34,952 | -€36,049 | -€1,097 | -3.1% |
| Profit (loss) for the period | 9904 | -€34,952 | -€36,049 | -€1,097 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,952 | -€36,049 | -€1,097 | -3.1% |
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 17 October 2026 via checked.be.