ZOEM!: 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.
ZOEM!
Largest movements
- Tangible fixed assets -€19,685
down €19,685 (-7.7%), from €254,849 to €235,164
of which Land and buildings: -€18,216
- Cash -€15,629
down €15,629 (-18.1%), from €86,203 to €70,574
mainly Contributions, distributions and other (-€50,000) and Net result for the year (-€26,610)
- Reserves -€50,000
down €50,000 (-36.9%), from €135,451 to €85,451
- Other debts +€50,000
up €50,000 (+766.9%), from €6,520 to €56,520
- Profit (loss) carried forward -€26,610
new in 2025: -€26,610
- Debts after one year -€16,596
down €16,596 (-8.5%), from €195,871 to €179,274
- Advances received +€7,917
new in 2025: €7,917
- Gross operating margin -€112,307
down €112,307, from €110,092 to -€2,216
- Other operating charges -€33,751
down €33,751 (-91.4%), from €36,927 to €3,176
- Staff costs -€24,622
down €24,622 (-100.0%), from €24,622 to €0
- Financial charges -€8,147
down €8,147 (-59.0%), from €13,808 to €5,661
- Taxes -€5,348
down €5,348 (-100.0%), from €5,348 to €0
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 | €381,732 | €348,033 | -€33,699 | -8.8% |
| Fixed assets | 21/28 | €254,849 | €235,164 | -€19,685 | -7.7% |
| Tangible fixed assets | 22/27 | €254,849 | €235,164 | -€19,685 | -7.7% |
| Land and buildings | 22 | €249,185 | €230,969 | -€18,216 | -7.3% |
| Furniture and vehicles | 24 | €2,164 | €1,146 | -€1,018 | -47.0% |
| Other tangible fixed assets | 26 | €3,500 | €3,048 | -€452 | -12.9% |
| Current assets | 29/58 | €126,883 | €112,870 | -€14,013 | -11.0% |
| Amounts receivable within one year | 40/41 | €35,653 | €37,262 | +€1,609 | +4.5% |
| Trade receivables | 40 | €2,589 | €5,949 | +€3,360 | +129.8% |
| Other amounts receivable | 41 | €33,064 | €31,313 | -€1,751 | -5.3% |
| Current investments | 50/53 | €3,004 | €3,000 | -€4 | -0.1% |
| Cash at bank and in hand | 54/58 | €86,203 | €70,574 | -€15,629 | -18.1% |
| Deferred charges and accrued income | 490/1 | €2,023 | €2,034 | +€11 | +0.5% |
| Total equity and liabilities | 10/49 | €381,732 | €348,033 | -€33,699 | -8.8% |
| Equity | 10/15 | €147,851 | €71,240 | -€76,610 | -51.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €135,451 | €85,451 | -€50,000 | -36.9% |
| Distributable reserves | 133 | €135,451 | €85,451 | -€50,000 | -36.9% |
| Profit (loss) carried forward | 14 | - | -€26,610 | -€26,610 | |
| Amounts payable | 17/49 | €233,881 | €276,793 | +€42,912 | +18.3% |
| Amounts payable after more than one year | 17 | €195,871 | €179,274 | -€16,596 | -8.5% |
| Financial debts | 170/4 | €195,871 | €179,274 | -€16,596 | -8.5% |
| Amounts payable within one year | 42/48 | €34,935 | €92,460 | +€57,525 | +164.7% |
| Current portion of amounts payable after more than one year | 42 | €16,368 | €16,596 | +€229 | +1.4% |
| Financial debts | 43 | €2,199 | €0 | -€2,199 | -100.0% |
| Credit institutions | 430/8 | €2,199 | €0 | -€2,199 | -100.0% |
| Trade debts | 44 | €7,706 | €7,920 | +€214 | +2.8% |
| Suppliers | 440/4 | €7,706 | €7,920 | +€214 | +2.8% |
| Advances received on contracts in progress | 46 | - | €7,917 | +€7,917 | |
| Taxes, remuneration and social security | 45 | €2,142 | €3,507 | +€1,365 | +63.7% |
| Taxes | 450/3 | €2,142 | €3,507 | +€1,365 | +63.7% |
| Other amounts payable | 47/48 | €6,520 | €56,520 | +€50,000 | +766.9% |
| Accrued charges and deferred income | 492/3 | €3,075 | €5,058 | +€1,983 | +64.5% |
| Non-recurring operating income | 76A | €38,423 | €0 | -€38,423 | -100.0% |
| Remuneration, social security and pensions | 62 | €24,622 | €0 | -€24,622 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,508 | €19,685 | -€3,823 | -16.3% |
| Other operating charges | 640/8 | €36,927 | €3,176 | -€33,751 | -91.4% |
| Gross operating margin | 9900 | €110,092 | -€2,216 | -€112,307 | |
| Operating profit (loss) | 9901 | €25,034 | -€25,077 | -€50,111 | |
| Financial income | 75/76B | €1,334 | €4,128 | +€2,794 | +209.5% |
| Recurring financial income | 75 | €1,334 | €4,128 | +€2,794 | +209.5% |
| Financial charges | 65/66B | €13,808 | €5,661 | -€8,147 | -59.0% |
| Recurring financial charges | 65 | €13,808 | €5,661 | -€8,147 | -59.0% |
| Profit (loss) for the period before taxes | 9903 | €12,559 | -€26,610 | -€39,170 | |
| Income taxes | 67/77 | €5,348 | €0 | -€5,348 | -100.0% |
| Profit (loss) for the period | 9904 | €7,211 | -€26,610 | -€33,822 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,211 | -€26,610 | -€33,822 |
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 7 October 2026 via checked.be.