ZK CONCEPT: 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.
ZK CONCEPT
Largest movements
- Receivables within one year -€19,302
down €19,302 (-91.1%), from €21,189 to €1,886
of which Trade receivables: -€19,475
- Tangible fixed assets -€1,667
down €1,667 (-53.2%), from €3,133 to €1,466
- Cash +€897
new in 2025: €897
mainly Receivables within one year (+€19,302) and Trade debts (+€3,359)
- Profit (loss) carried forward -€16,962
down €16,962, from €5,811 to -€11,151
- Tax, wage and social debts -€5,950
down €5,950 (-41.9%), from €14,190 to €8,240
of which Remuneration and social security: -€3,900
- Trade debts +€3,359
up €3,359 (+175%), from €1,918 to €5,277
- Other debts -€518
down €518 (-7.1%), from €7,251 to €6,733
- Gross operating margin -€25,517
down €25,517, from €11,598 to -€13,919
- Taxes -€1,700
no longer reported in 2025 (was €1,700)
- Financial charges -€882
down €882 (-50.4%), from €1,748 to €866
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 | €30,171 | €10,099 | -€20,072 | -66.5% |
| Fixed assets | 21/28 | €8,983 | €7,316 | -€1,667 | -18.6% |
| Tangible fixed assets | 22/27 | €3,133 | €1,466 | -€1,667 | -53.2% |
| Furniture and vehicles | 24 | €3,133 | €1,466 | -€1,667 | -53.2% |
| Financial fixed assets | 28 | €5,850 | €5,850 | = | 0.0% |
| Current assets | 29/58 | €21,189 | €2,783 | -€18,406 | -86.9% |
| Amounts receivable within one year | 40/41 | €21,189 | €1,886 | -€19,302 | -91.1% |
| Trade receivables | 40 | €21,189 | €1,714 | -€19,475 | -91.9% |
| Other amounts receivable | 41 | - | €173 | +€173 | |
| Cash at bank and in hand | 54/58 | - | €897 | +€897 | |
| Total equity and liabilities | 10/49 | €30,171 | €10,099 | -€20,072 | -66.5% |
| Equity | 10/15 | €6,811 | -€10,151 | -€16,962 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,811 | -€11,151 | -€16,962 | |
| Amounts payable | 17/49 | €23,360 | €20,250 | -€3,110 | -13.3% |
| Amounts payable within one year | 42/48 | €23,360 | €20,250 | -€3,110 | -13.3% |
| Financial debts | 43 | €1 | - | -€1 | |
| Credit institutions | 430/8 | €1 | - | -€1 | |
| Trade debts | 44 | €1,918 | €5,277 | +€3,359 | +175% |
| Suppliers | 440/4 | €1,918 | €5,277 | +€3,359 | +175% |
| Taxes, remuneration and social security | 45 | €14,190 | €8,240 | -€5,950 | -41.9% |
| Taxes | 450/3 | €3,950 | €1,900 | -€2,050 | -51.9% |
| Remuneration and social security | 454/9 | €10,240 | €6,340 | -€3,900 | -38.1% |
| Other amounts payable | 47/48 | €7,251 | €6,733 | -€518 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,667 | €1,667 | = | 0.0% |
| Other operating charges | 640/8 | €577 | €510 | -€67 | -11.5% |
| Gross operating margin | 9900 | €11,598 | -€13,919 | -€25,517 | |
| Operating profit (loss) | 9901 | €9,355 | -€16,096 | -€25,450 | |
| Financial charges | 65/66B | €1,748 | €866 | -€882 | -50.4% |
| Recurring financial charges | 65 | €1,748 | €866 | -€882 | -50.4% |
| Profit (loss) for the period before taxes | 9903 | €7,606 | -€16,962 | -€24,569 | |
| Income taxes | 67/77 | €1,700 | - | -€1,700 | |
| Profit (loss) for the period | 9904 | €5,906 | -€16,962 | -€22,868 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,906 | -€16,962 | -€22,868 |
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 21 October 2026 via checked.be.