Zoethout: 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.
Zoethout
Largest movements
- Cash +€16,004
up €16,004 (+116.4%), from €13,749 to €29,753
mainly Net result for the year (+€8,631) and Depreciation (+€4,793)
- Tangible fixed assets -€4,793
down €4,793 (-69.2%), from €6,923 to €2,130
- Receivables within one year +€1,017
up €1,017 (+7.0%), from €14,499 to €15,516
of which Other amounts receivable: +€7,256
- Reserves +€8,631
up €8,631 (+363.8%), from €2,373 to €11,004
- Trade debts +€4,142
up €4,142 (+43.0%), from €9,625 to €13,767
- Tax, wage and social debts -€1,023
no longer reported in 2025 (was €1,023)
- Gross operating margin +€28,116
up €28,116, from -€12,397 to €15,719
- Other operating charges +€1,258
up €1,258 (+118.0%), from €1,066 to €2,323
- Financial income +€215
up €215 (+130.4%), from €165 to €380
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 | €43,108 | €54,945 | +€11,837 | +27.5% |
| Fixed assets | 21/28 | €10,523 | €5,730 | -€4,793 | -45.5% |
| Tangible fixed assets | 22/27 | €6,923 | €2,130 | -€4,793 | -69.2% |
| Plant, machinery and equipment | 23 | €6,923 | €2,130 | -€4,793 | -69.2% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €32,585 | €49,215 | +€16,630 | +51.0% |
| Stocks and contracts in progress | 3 | €4,337 | €3,947 | -€391 | -9.0% |
| Stocks | 30/36 | €4,337 | €3,947 | -€391 | -9.0% |
| Amounts receivable within one year | 40/41 | €14,499 | €15,516 | +€1,017 | +7.0% |
| Trade receivables | 40 | €6,802 | €563 | -€6,239 | -91.7% |
| Other amounts receivable | 41 | €7,697 | €14,952 | +€7,256 | +94.3% |
| Cash at bank and in hand | 54/58 | €13,749 | €29,753 | +€16,004 | +116.4% |
| Total equity and liabilities | 10/49 | €43,108 | €54,945 | +€11,837 | +27.5% |
| Equity | 10/15 | €32,373 | €41,004 | +€8,631 | +26.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €2,373 | €11,004 | +€8,631 | +363.8% |
| Distributable reserves | 133 | €2,373 | €11,004 | +€8,631 | +363.8% |
| Amounts payable | 17/49 | €10,735 | €13,942 | +€3,206 | +29.9% |
| Amounts payable within one year | 42/48 | €10,735 | €13,942 | +€3,206 | +29.9% |
| Trade debts | 44 | €9,625 | €13,767 | +€4,142 | +43.0% |
| Suppliers | 440/4 | €9,625 | €13,767 | +€4,142 | +43.0% |
| Taxes, remuneration and social security | 45 | €1,023 | - | -€1,023 | |
| Taxes | 450/3 | €1,023 | - | -€1,023 | |
| Other amounts payable | 47/48 | €87 | €175 | +€88 | +101.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,686 | €4,793 | +€107 | +2.3% |
| Other operating charges | 640/8 | €1,066 | €2,323 | +€1,258 | +118.0% |
| Gross operating margin | 9900 | -€12,397 | €15,719 | +€28,116 | |
| Operating profit (loss) | 9901 | -€18,149 | €8,602 | +€26,752 | |
| Financial income | 75/76B | €165 | €380 | +€215 | +130.4% |
| Recurring financial income | 75 | €165 | €380 | +€215 | +130.4% |
| Financial charges | 65/66B | €331 | €352 | +€21 | +6.3% |
| Recurring financial charges | 65 | €331 | €352 | +€21 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,315 | €8,631 | +€26,946 | |
| Profit (loss) for the period | 9904 | -€18,315 | €8,631 | +€26,946 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,315 | €8,631 | +€26,946 |
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 8 October 2026 via checked.be.