Zjeste: 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.
Zjeste
Largest movements
- Cash +€34,064
up €34,064 (+562%), from €6,066 to €40,130
mainly Other debts (+€49,715) and Depreciation (+€35,980)
- Tangible fixed assets -€27,980
down €27,980 (-15.5%), from €180,539 to €152,559
of which Plant, machinery and equipment: -€14,959
- Stocks and contracts +€5,773
up €5,773 (+15.1%), from €38,286 to €44,059
of which Contracts in progress: +€9,683
- Receivables within one year -€2,842
down €2,842 (-15.3%), from €18,624 to €15,781
of which Other amounts receivable: -€5,942
- Debts after one year -€59,850
down €59,850 (-18.4%), from €325,478 to €265,628
- Other debts +€49,715
new in 2025: €49,715
- Profit (loss) carried forward +€11,876
up €11,876 (+8.2%), from -€145,309 to -€133,432
- Tax, wage and social debts +€6,767
up €6,767 (+84.5%), from €8,007 to €14,775
of which Taxes: +€10,560
- Gross operating margin +€150,889
up €150,889, from -€97,792 to €53,097
- Financial charges -€2,578
down €2,578 (-35.7%), from €7,231 to €4,653
- Other operating charges -€2,488
down €2,488 (-71.8%), from €3,467 to €979
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 | €253,115 | €261,419 | +€8,304 | +3.3% |
| Fixed assets | 21/28 | €189,064 | €160,086 | -€28,978 | -15.3% |
| Intangible fixed assets | 21 | €3,276 | €2,278 | -€998 | -30.5% |
| Tangible fixed assets | 22/27 | €180,539 | €152,559 | -€27,980 | -15.5% |
| Plant, machinery and equipment | 23 | €140,344 | €125,385 | -€14,959 | -10.7% |
| Furniture and vehicles | 24 | €3,100 | - | -€3,100 | |
| Leasing and similar rights | 25 | €31,457 | €22,264 | -€9,193 | -29.2% |
| Other tangible fixed assets | 26 | €5,637 | €4,909 | -€728 | -12.9% |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €64,051 | €101,333 | +€37,282 | +58.2% |
| Stocks and contracts in progress | 3 | €38,286 | €44,059 | +€5,773 | +15.1% |
| Stocks | 30/36 | €10,358 | €6,448 | -€3,910 | -37.7% |
| Contracts in progress | 37 | €27,928 | €37,610 | +€9,683 | +34.7% |
| Amounts receivable within one year | 40/41 | €18,624 | €15,781 | -€2,842 | -15.3% |
| Trade receivables | 40 | €12,682 | €15,781 | +€3,100 | +24.4% |
| Other amounts receivable | 41 | €5,942 | - | -€5,942 | |
| Cash at bank and in hand | 54/58 | €6,066 | €40,130 | +€34,064 | +562% |
| Deferred charges and accrued income | 490/1 | €1,075 | €1,363 | +€288 | +26.8% |
| Total equity and liabilities | 10/49 | €253,115 | €261,419 | +€8,304 | +3.3% |
| Equity | 10/15 | -€118,184 | -€106,308 | +€11,876 | +10.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €26,125 | €26,125 | = | 0.0% |
| Distributable reserves | 133 | €26,125 | €26,125 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€145,309 | -€133,432 | +€11,876 | +8.2% |
| Amounts payable | 17/49 | €371,299 | €367,727 | -€3,572 | -1.0% |
| Amounts payable after more than one year | 17 | €325,478 | €265,628 | -€59,850 | -18.4% |
| Financial debts | 170/4 | €325,478 | €265,628 | -€59,850 | -18.4% |
| Amounts payable within one year | 42/48 | €45,821 | €102,099 | +€56,278 | +123% |
| Current portion of amounts payable after more than one year | 42 | €28,916 | €29,850 | +€934 | +3.2% |
| Trade debts | 44 | €8,898 | €7,759 | -€1,139 | -12.8% |
| Suppliers | 440/4 | €8,898 | €7,759 | -€1,139 | -12.8% |
| Taxes, remuneration and social security | 45 | €8,007 | €14,775 | +€6,767 | +84.5% |
| Taxes | 450/3 | €1,483 | €12,043 | +€10,560 | +712% |
| Remuneration and social security | 454/9 | €6,525 | €2,732 | -€3,793 | -58.1% |
| Other amounts payable | 47/48 | - | €49,715 | +€49,715 | |
| Non-recurring operating income | 76A | €934 | - | -€934 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,575 | €35,980 | -€595 | -1.6% |
| Other operating charges | 640/8 | €3,467 | €979 | -€2,488 | -71.8% |
| Gross operating margin | 9900 | -€97,792 | €53,097 | +€150,889 | |
| Operating profit (loss) | 9901 | -€137,834 | €16,138 | +€153,972 | |
| Financial income | 75/76B | €346 | €391 | +€45 | +12.9% |
| Recurring financial income | 75 | €346 | €391 | +€45 | +12.9% |
| Financial charges | 65/66B | €7,231 | €4,653 | -€2,578 | -35.7% |
| Recurring financial charges | 65 | €7,231 | €4,653 | -€2,578 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | -€144,719 | €11,876 | +€156,595 | |
| Profit (loss) for the period | 9904 | -€144,719 | €11,876 | +€156,595 | |
| Profit (loss) for the period to be appropriated | 9905 | -€144,719 | €11,876 | +€156,595 |
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 16 October 2026 via checked.be.