ZIT - IDEE: 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.
What changed
ZIT - IDEE
NACE 47.551, Retail sale of household furniture
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€17,990
2024 · €31,569-€13,579
Equity
€2.0m
2024 · €2.0m+€17,990
Cash
€95,682
2024 · €51,476+€44,206
Balance sheet total
€4.1m
2024 · €4.2m-€180,178
Largest movements
Assets
- Tangible fixed assets -€186,120
down €186,120 (-5.6%), from €3.3m to €3.1m
of which Land and buildings: -€175,835
- Receivables within one year -€45,207
down €45,207 (-56.7%), from €79,767 to €34,560
of which Trade receivables: -€45,207
- Cash +€44,206
up €44,206 (+85.9%), from €51,476 to €95,682
mainly Depreciation (+€214,270) and Receivables within one year (+€45,207)
Equity and liabilities
- Debts after one year -€142,610
down €142,610 (-13.5%), from €1.1m to €914,629
- Profit (loss) carried forward +€130,819
up €130,819 (+19.3%), from -€677,227 to -€546,408
- Reserves -€112,829
down €112,829 (-7.3%), from €1.5m to €1.4m
of which Tax-exempt reserves: -€112,829
Income statement
- Staff costs -€273,349
down €273,349 (-40.4%), from €676,267 to €402,918
- Write-downs +€231,069
no longer reported in 2025 (was -€231,069)
- Gross operating margin -€45,580
down €45,580 (-6.0%), from €756,724 to €711,144
- Financial charges -€29,717
down €29,717 (-48.4%), from €61,425 to €31,708
- Depreciation +€23,468
up €23,468 (+12.3%), from €190,802 to €214,270
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.
Result 2024
€31,569
Gross operating margin
-€45,580
Staff costs
+€273,349
Depreciation
-€23,468
Write-downs
-€231,069
Other operating charges
-€3,723
Other operating items
-€4,456
Financial income
-€5,103
Financial charges
+€29,717
Taxes
-€533
Deferred taxes and other
-€2,713
Result 2025
€17,990
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.
From operations
+€211,845
Investment
-€27,533
Financing
-€140,106
Cash 2024
€51,476
From operations (derived)
+€211,845
Net result for the year
+€17,990
Depreciation
+€214,270
Stocks and contracts
-€13,837
Receivables within one year
+€45,207
Deferred charges and accrued income
+€6,277
Provisions
-€22,979
Trade debts
+€10,649
Tax, wage and social debts
-€3,834
Advances received
+€7,138
Other debts
-€34,000
Accrued charges and deferred income
-€15,036
Investment (derived)
-€27,533
Investment in fixed assets (net)
-€27,533
Financing
-€140,106
Debts after one year
-€142,610
Current portion of long-term debt
+€2,504
Cash 2025
€95,682
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,235,537 | €4,055,359 | -€180,178 | -4.3% |
| Fixed assets | 21/28 | €3,324,345 | €3,137,608 | -€186,737 | -5.6% |
| Intangible fixed assets | 21 | €617 | - | -€617 | |
| Tangible fixed assets | 22/27 | €3,323,728 | €3,137,608 | -€186,120 | -5.6% |
| Land and buildings | 22 | €3,244,804 | €3,068,969 | -€175,835 | -5.4% |
| Plant, machinery and equipment | 23 | €11,712 | €10,621 | -€1,091 | -9.3% |
| Furniture and vehicles | 24 | €67,212 | €58,018 | -€9,194 | -13.7% |
| Current assets | 29/58 | €911,192 | €917,751 | +€6,559 | +0.7% |
| Stocks and contracts in progress | 3 | €754,426 | €768,263 | +€13,837 | +1.8% |
| Stocks | 30/36 | €754,426 | €768,263 | +€13,837 | +1.8% |
| Amounts receivable within one year | 40/41 | €79,767 | €34,560 | -€45,207 | -56.7% |
| Trade receivables | 40 | €77,734 | €32,527 | -€45,207 | -58.2% |
| Other amounts receivable | 41 | €2,033 | €2,033 | = | 0.0% |
| Current investments | 50/53 | €12,000 | €12,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €51,476 | €95,682 | +€44,206 | +85.9% |
| Deferred charges and accrued income | 490/1 | €13,523 | €7,246 | -€6,277 | -46.4% |
| Total equity and liabilities | 10/49 | €4,235,537 | €4,055,359 | -€180,178 | -4.3% |
| Equity | 10/15 | €1,955,180 | €1,973,170 | +€17,990 | +0.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €986,394 | €986,394 | = | 0.0% |
| Reserves | 13 | €1,546,013 | €1,433,184 | -€112,829 | -7.3% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,096,013 | €983,184 | -€112,829 | -10.3% |
| Distributable reserves | 133 | €440,000 | €440,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€677,227 | -€546,408 | +€130,819 | +19.3% |
| Provisions and deferred taxes | 16 | €223,223 | €200,244 | -€22,979 | -10.3% |
| Deferred taxes | 168 | €223,223 | €200,244 | -€22,979 | -10.3% |
| Amounts payable | 17/49 | €2,057,134 | €1,881,945 | -€175,189 | -8.5% |
| Amounts payable after more than one year | 17 | €1,057,239 | €914,629 | -€142,610 | -13.5% |
| Financial debts | 170/4 | €1,057,239 | €914,629 | -€142,610 | -13.5% |
| Amounts payable within one year | 42/48 | €982,011 | €964,468 | -€17,543 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €140,106 | €142,610 | +€2,504 | +1.8% |
| Trade debts | 44 | €82,928 | €93,577 | +€10,649 | +12.8% |
| Suppliers | 440/4 | €82,928 | €93,577 | +€10,649 | +12.8% |
| Advances received on contracts in progress | 46 | €94,039 | €101,177 | +€7,138 | +7.6% |
| Taxes, remuneration and social security | 45 | €81,568 | €77,734 | -€3,834 | -4.7% |
| Taxes | 450/3 | €21,044 | €15,499 | -€5,545 | -26.3% |
| Remuneration and social security | 454/9 | €60,524 | €62,235 | +€1,711 | +2.8% |
| Other amounts payable | 47/48 | €583,370 | €549,370 | -€34,000 | -5.8% |
| Accrued charges and deferred income | 492/3 | €17,884 | €2,848 | -€15,036 | -84.1% |
| Non-recurring operating income | 76A | - | €17,500 | +€17,500 | |
| Remuneration, social security and pensions | 62 | €676,267 | €402,918 | -€273,349 | -40.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190,802 | €214,270 | +€23,468 | +12.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€231,069 | - | +€231,069 | |
| Other operating charges | 640/8 | €59,006 | €62,729 | +€3,723 | +6.3% |
| Non-recurring operating charges | 66A | - | €4,456 | +€4,456 | |
| Gross operating margin | 9900 | €756,724 | €711,144 | -€45,580 | -6.0% |
| Operating profit (loss) | 9901 | €61,718 | €26,771 | -€34,947 | -56.6% |
| Financial income | 75/76B | €6,051 | €948 | -€5,103 | -84.3% |
| Recurring financial income | 75 | €6,051 | €948 | -€5,103 | -84.3% |
| Financial charges | 65/66B | €61,425 | €31,708 | -€29,717 | -48.4% |
| Recurring financial charges | 65 | €61,425 | €31,708 | -€29,717 | -48.4% |
| Profit (loss) for the period before taxes | 9903 | €6,344 | -€3,989 | -€10,333 | |
| Transfer from deferred taxes | 780 | €25,692 | €22,979 | -€2,713 | -10.6% |
| Income taxes | 67/77 | €467 | €1,000 | +€533 | +114.1% |
| Profit (loss) for the period | 9904 | €31,569 | €17,990 | -€13,579 | -43.0% |
| Transfer from tax-exempt reserves | 789 | €126,154 | €112,829 | -€13,325 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €157,723 | €130,819 | -€26,904 | -17.1% |
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 7 October 2026 via checked.be.