ZM COMPTABILITE: 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.
ZM COMPTABILITE
Largest movements
- Cash -€6,656
down €6,656 (-35.3%), from €18,859 to €12,203
mainly Net result for the year (-€9,402) and Tax, wage and social debts (-€412)
- Tangible fixed assets -€1,659
down €1,659 (-57.7%), from €2,876 to €1,217
- Receivables within one year -€890
down €890 (-26.5%), from €3,357 to €2,467
of which Trade receivables: -€857
- Profit (loss) carried forward -€9,402
down €9,402, from €2,904 to -€6,498
- Other debts +€697
new in 2025: €697
- Tax, wage and social debts -€412
down €412 (-25.1%), from €1,639 to €1,228
- Gross operating margin -€5,816
down €5,816 (-501.2%), from -€1,160 to -€6,976
- Depreciation -€503
down €503 (-23.3%), from €2,162 to €1,659
- Other operating charges +€289
up €289 (+131.6%), from €220 to €509
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 | €25,092 | €15,887 | -€9,205 | -36.7% |
| Fixed assets | 21/28 | €2,876 | €1,217 | -€1,659 | -57.7% |
| Tangible fixed assets | 22/27 | €2,876 | €1,217 | -€1,659 | -57.7% |
| Plant, machinery and equipment | 23 | €2,876 | €1,217 | -€1,659 | -57.7% |
| Current assets | 29/58 | €22,216 | €14,670 | -€7,546 | -34.0% |
| Amounts receivable within one year | 40/41 | €3,357 | €2,467 | -€890 | -26.5% |
| Trade receivables | 40 | €3,224 | €2,367 | -€857 | -26.6% |
| Other amounts receivable | 41 | €133 | €100 | -€33 | -24.9% |
| Cash at bank and in hand | 54/58 | €18,859 | €12,203 | -€6,656 | -35.3% |
| Total equity and liabilities | 10/49 | €25,092 | €15,887 | -€9,205 | -36.7% |
| Equity | 10/15 | €23,364 | €13,962 | -€9,402 | -40.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | - | €18,600 | +€18,600 | |
| Share premium | 1100/10 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,904 | -€6,498 | -€9,402 | |
| Amounts payable | 17/49 | €1,728 | €1,925 | +€196 | +11.4% |
| Amounts payable within one year | 42/48 | €1,728 | €1,925 | +€196 | +11.4% |
| Trade debts | 44 | €89 | - | -€89 | |
| Suppliers | 440/4 | €89 | - | -€89 | |
| Taxes, remuneration and social security | 45 | €1,639 | €1,228 | -€412 | -25.1% |
| Taxes | 450/3 | €1,639 | €1,228 | -€412 | -25.1% |
| Other amounts payable | 47/48 | - | €697 | +€697 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,162 | €1,659 | -€503 | -23.3% |
| Other operating charges | 640/8 | €220 | €509 | +€289 | +131.6% |
| Gross operating margin | 9900 | -€1,160 | -€6,976 | -€5,816 | -501.2% |
| Operating profit (loss) | 9901 | -€3,543 | -€9,145 | -€5,602 | -158.1% |
| Financial income | 75/76B | €0 | €0 | +€0 | +10.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +10.0% |
| Financial charges | 65/66B | €72 | €66 | -€6 | -8.0% |
| Recurring financial charges | 65 | €72 | €66 | -€6 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,615 | -€9,211 | -€5,596 | -154.8% |
| Income taxes | 67/77 | €184 | €191 | +€7 | +3.9% |
| Profit (loss) for the period | 9904 | -€3,798 | -€9,402 | -€5,603 | -147.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,798 | -€9,402 | -€5,603 | -147.5% |
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 3 October 2026 via checked.be.