Zmmr!: 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.
Zmmr!
Largest movements
- Receivables within one year -€9,393
down €9,393 (-98.6%), from €9,526 to €133
of which Trade receivables: -€9,395
- Cash +€4,332
up €4,332 (+65.1%), from €6,654 to €10,986
mainly Receivables within one year (+€9,393) and Net result for the year (+€6,731)
- Stocks and contracts +€923
up €923 (+11.0%), from €8,363 to €9,286
- Tangible fixed assets -€550
down €550 (-4.6%), from €11,832 to €11,282
of which Furniture and vehicles: -€2,359
- Financial fixed assets +€520
up €520 (+39.0%), from €1,336 to €1,856
- Trade debts -€8,929
down €8,929 (-36.8%), from €24,249 to €15,320
- Profit (loss) carried forward +€6,731
up €6,731 (+10.4%), from -€64,771 to -€58,039
- Debts after one year -€6,088
down €6,088 (-38.0%), from €16,021 to €9,933
- Tax, wage and social debts +€3,214
up €3,214 (+26.1%), from €12,313 to €15,526
of which Taxes: +€3,904
- Other debts +€721
up €721 (+3.1%), from €23,570 to €24,291
- Staff costs -€22,749
down €22,749 (-17.9%), from €126,917 to €104,168
- Gross operating margin -€9,177
down €9,177 (-7.0%), from €131,983 to €122,806
- Financial charges +€5,021
up €5,021 (+116%), from €4,319 to €9,340
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 | €37,711 | €33,544 | -€4,167 | -11.1% |
| Fixed assets | 21/28 | €13,168 | €13,138 | -€30 | -0.2% |
| Tangible fixed assets | 22/27 | €11,832 | €11,282 | -€550 | -4.6% |
| Plant, machinery and equipment | 23 | - | €2,643 | +€2,643 | |
| Furniture and vehicles | 24 | €8,680 | €6,321 | -€2,359 | -27.2% |
| Other tangible fixed assets | 26 | €3,152 | €2,318 | -€834 | -26.5% |
| Financial fixed assets | 28 | €1,336 | €1,856 | +€520 | +39.0% |
| Current assets | 29/58 | €24,543 | €20,405 | -€4,138 | -16.9% |
| Stocks and contracts in progress | 3 | €8,363 | €9,286 | +€923 | +11.0% |
| Stocks | 30/36 | €8,363 | €9,286 | +€923 | +11.0% |
| Amounts receivable within one year | 40/41 | €9,526 | €133 | -€9,393 | -98.6% |
| Trade receivables | 40 | €9,526 | €131 | -€9,395 | -98.6% |
| Other amounts receivable | 41 | - | €2 | +€2 | |
| Cash at bank and in hand | 54/58 | €6,654 | €10,986 | +€4,332 | +65.1% |
| Total equity and liabilities | 10/49 | €37,711 | €33,544 | -€4,167 | -11.1% |
| Equity | 10/15 | -€44,319 | -€37,588 | +€6,731 | +15.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,771 | -€58,039 | +€6,731 | +10.4% |
| Amounts payable | 17/49 | €82,030 | €71,132 | -€10,898 | -13.3% |
| Amounts payable after more than one year | 17 | €16,021 | €9,933 | -€6,088 | -38.0% |
| Financial debts | 170/4 | €16,021 | €9,933 | -€6,088 | -38.0% |
| Amounts payable within one year | 42/48 | €66,010 | €61,199 | -€4,811 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €5,879 | €6,062 | +€184 | +3.1% |
| Trade debts | 44 | €24,249 | €15,320 | -€8,929 | -36.8% |
| Suppliers | 440/4 | €24,249 | €15,320 | -€8,929 | -36.8% |
| Taxes, remuneration and social security | 45 | €12,313 | €15,526 | +€3,214 | +26.1% |
| Taxes | 450/3 | €7,684 | €11,588 | +€3,904 | +50.8% |
| Remuneration and social security | 454/9 | €4,629 | €3,938 | -€691 | -14.9% |
| Other amounts payable | 47/48 | €23,570 | €24,291 | +€721 | +3.1% |
| Remuneration, social security and pensions | 62 | €126,917 | €104,168 | -€22,749 | -17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,728 | €3,547 | -€181 | -4.8% |
| Other operating charges | 640/8 | €1,367 | €334 | -€1,033 | -75.6% |
| Gross operating margin | 9900 | €131,983 | €122,806 | -€9,177 | -7.0% |
| Operating profit (loss) | 9901 | -€28 | €14,758 | +€14,786 | |
| Financial income | 75/76B | €2,085 | €1,313 | -€772 | -37.0% |
| Recurring financial income | 75 | €2,085 | €1,313 | -€772 | -37.0% |
| Financial charges | 65/66B | €4,319 | €9,340 | +€5,021 | +116% |
| Recurring financial charges | 65 | €4,319 | €9,340 | +€5,021 | +116% |
| Profit (loss) for the period before taxes | 9903 | -€2,262 | €6,731 | +€8,993 | |
| Profit (loss) for the period | 9904 | -€2,262 | €6,731 | +€8,993 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,262 | €6,731 | +€8,993 |
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 19 October 2026 via checked.be.