ZME: 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.
ZME
Largest movements
- Cash +€1,872
up €1,872 (+13.7%), from €13,700 to €15,573
mainly Net result for the year (+€12,210) and Deferred charges and accrued income (+€1,273)
- Receivables within one year +€1,784
up €1,784 (+270%), from €662 to €2,446
of which Trade receivables: +€1,720
- Deferred charges and accrued income -€1,273
down €1,273 (-63.8%), from €1,995 to €722
- Tangible fixed assets -€650
down €650 (-22.5%), from €2,885 to €2,235
of which Other tangible fixed assets: -€342
- Profit (loss) carried forward +€12,210
up €12,210 (+83.6%), from -€14,606 to -€2,396
- Tax, wage and social debts -€6,108
down €6,108 (-27.3%), from €22,383 to €16,275
of which Remuneration and social security: -€5,992
- Trade debts -€4,499
down €4,499 (-94.2%), from €4,775 to €276
- Gross operating margin +€14,736
up €14,736 (+13.7%), from €107,858 to €122,593
- Staff costs -€8,239
down €8,239 (-7.0%), from €117,384 to €109,145
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 | €29,120 | €30,581 | +€1,461 | +5.0% |
| Fixed assets | 21/28 | €7,095 | €6,445 | -€650 | -9.2% |
| Tangible fixed assets | 22/27 | €2,885 | €2,235 | -€650 | -22.5% |
| Plant, machinery and equipment | 23 | €728 | €571 | -€156 | -21.5% |
| Furniture and vehicles | 24 | €576 | €424 | -€152 | -26.4% |
| Other tangible fixed assets | 26 | €1,582 | €1,240 | -€342 | -21.6% |
| Financial fixed assets | 28 | €4,210 | €4,210 | = | 0.0% |
| Current assets | 29/58 | €22,024 | €24,136 | +€2,111 | +9.6% |
| Stocks and contracts in progress | 3 | €5,667 | €5,394 | -€273 | -4.8% |
| Stocks | 30/36 | €5,667 | €5,394 | -€273 | -4.8% |
| Amounts receivable within one year | 40/41 | €662 | €2,446 | +€1,784 | +270% |
| Trade receivables | 40 | €662 | €2,382 | +€1,720 | +260% |
| Other amounts receivable | 41 | - | €64 | +€64 | |
| Cash at bank and in hand | 54/58 | €13,700 | €15,573 | +€1,872 | +13.7% |
| Deferred charges and accrued income | 490/1 | €1,995 | €722 | -€1,273 | -63.8% |
| Total equity and liabilities | 10/49 | €29,120 | €30,581 | +€1,461 | +5.0% |
| Equity | 10/15 | €1,820 | €14,029 | +€12,210 | +671% |
| Contributions | 10/11 | €16,000 | €16,000 | = | 0.0% |
| Capital | 10 | €16,000 | €16,000 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €2,600 | €2,600 | = | 0.0% |
| Reserves | 13 | €426 | €426 | = | 0.0% |
| Non-distributable reserves | 130/1 | €426 | €426 | = | 0.0% |
| Legal reserve | 130 | €426 | €426 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,606 | -€2,396 | +€12,210 | +83.6% |
| Amounts payable | 17/49 | €27,300 | €16,551 | -€10,749 | -39.4% |
| Amounts payable within one year | 42/48 | €27,300 | €16,551 | -€10,749 | -39.4% |
| Trade debts | 44 | €4,775 | €276 | -€4,499 | -94.2% |
| Suppliers | 440/4 | €4,775 | €276 | -€4,499 | -94.2% |
| Taxes, remuneration and social security | 45 | €22,383 | €16,275 | -€6,108 | -27.3% |
| Taxes | 450/3 | €4,831 | €4,716 | -€116 | -2.4% |
| Remuneration and social security | 454/9 | €17,552 | €11,560 | -€5,992 | -34.1% |
| Other amounts payable | 47/48 | €141 | - | -€141 | |
| Remuneration, social security and pensions | 62 | €117,384 | €109,145 | -€8,239 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,253 | €650 | -€603 | -48.1% |
| Other operating charges | 640/8 | €467 | €480 | +€12 | +2.7% |
| Gross operating margin | 9900 | €107,858 | €122,593 | +€14,736 | +13.7% |
| Operating profit (loss) | 9901 | -€11,247 | €12,318 | +€23,565 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €25 | €111 | +€86 | +346% |
| Recurring financial charges | 65 | €25 | €111 | +€86 | +346% |
| Profit (loss) for the period before taxes | 9903 | -€11,272 | €12,210 | +€23,481 | |
| Profit (loss) for the period | 9904 | -€11,272 | €12,210 | +€23,481 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,272 | €12,210 | +€23,481 |
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 20 October 2026 via checked.be.