zoetic: 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.
zoetic
Largest movements
- Current investments -€77,483
down €77,483 (-71.9%), from €107,826 to €30,343
- Cash +€42,943
up €42,943 (+537.0%), from €7,997 to €50,939
mainly Net result for the year (+€157,697) and Current investments (+€77,483)
- Receivables within one year +€29,963
up €29,963 (+129.0%), from €23,232 to €53,195
of which Other amounts receivable: +€25,748
- Tangible fixed assets +€18,841
up €18,841 (+178.8%), from €10,539 to €29,380
of which Furniture and vehicles: +€20,923
- Deferred charges and accrued income -€1,650
down €1,650 (-86.2%), from €1,915 to €265
- Reserves -€17,303
down €17,303 (-13.6%), from €127,199 to €109,896
- Tax, wage and social debts +€15,163
up €15,163 (+283.7%), from €5,344 to €20,507
of which Taxes: +€11,913
- Trade debts +€14,842
up €14,842 (+5357.8%), from €277 to €15,119
- Gross operating margin +€10,902
up €10,902 (+5.2%), from €208,227 to €219,129
- Financial income -€5,741
down €5,741 (-78.4%), from €7,328 to €1,586
of which Non-recurring financial income: -€3,357
- Other operating charges +€5,321
up €5,321 (+641.5%), from €829 to €6,150
- Depreciation +€4,145
up €4,145 (+97.1%), from €4,271 to €8,415
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 | €152,109 | €164,122 | +€12,013 | +7.9% |
| Fixed assets | 21/28 | €11,139 | €29,380 | +€18,241 | +163.8% |
| Tangible fixed assets | 22/27 | €10,539 | €29,380 | +€18,841 | +178.8% |
| Plant, machinery and equipment | 23 | €4,726 | €2,644 | -€2,082 | -44.1% |
| Furniture and vehicles | 24 | €5,814 | €26,736 | +€20,923 | +359.9% |
| Financial fixed assets | 28 | €600 | - | -€600 | |
| Current assets | 29/58 | €140,970 | €134,742 | -€6,228 | -4.4% |
| Amounts receivable within one year | 40/41 | €23,232 | €53,195 | +€29,963 | +129.0% |
| Trade receivables | 40 | €23,232 | €27,446 | +€4,214 | +18.1% |
| Other amounts receivable | 41 | - | €25,748 | +€25,748 | |
| Current investments | 50/53 | €107,826 | €30,343 | -€77,483 | -71.9% |
| Cash at bank and in hand | 54/58 | €7,997 | €50,939 | +€42,943 | +537.0% |
| Deferred charges and accrued income | 490/1 | €1,915 | €265 | -€1,650 | -86.2% |
| Total equity and liabilities | 10/49 | €152,109 | €164,122 | +€12,013 | +7.9% |
| Equity | 10/15 | €145,799 | €128,496 | -€17,303 | -11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €127,199 | €109,896 | -€17,303 | -13.6% |
| Distributable reserves | 133 | €127,199 | €109,896 | -€17,303 | -13.6% |
| Amounts payable | 17/49 | €6,311 | €35,626 | +€29,315 | +464.5% |
| Amounts payable within one year | 42/48 | €6,311 | €35,626 | +€29,315 | +464.5% |
| Trade debts | 44 | €277 | €15,119 | +€14,842 | +5357.8% |
| Suppliers | 440/4 | €277 | €15,119 | +€14,842 | +5357.8% |
| Taxes, remuneration and social security | 45 | €5,344 | €20,507 | +€15,163 | +283.7% |
| Taxes | 450/3 | €5,344 | €17,257 | +€11,913 | +222.9% |
| Remuneration and social security | 454/9 | - | €3,250 | +€3,250 | |
| Other amounts payable | 47/48 | €689 | - | -€689 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,271 | €8,415 | +€4,145 | +97.1% |
| Other operating charges | 640/8 | €829 | €6,150 | +€5,321 | +641.5% |
| Gross operating margin | 9900 | €208,227 | €219,129 | +€10,902 | +5.2% |
| Operating profit (loss) | 9901 | €203,126 | €204,563 | +€1,437 | +0.7% |
| Financial income | 75/76B | €7,328 | €1,586 | -€5,741 | -78.4% |
| Recurring financial income | 75 | €3,971 | €1,586 | -€2,384 | -60.0% |
| Non-recurring financial income | 76B | €3,357 | - | -€3,357 | |
| Financial charges | 65/66B | €680 | €223 | -€457 | -67.2% |
| Recurring financial charges | 65 | €680 | €223 | -€457 | -67.2% |
| Profit (loss) for the period before taxes | 9903 | €209,774 | €205,927 | -€3,848 | -1.8% |
| Income taxes | 67/77 | €47,564 | €48,229 | +€665 | +1.4% |
| Profit (loss) for the period | 9904 | €162,210 | €157,697 | -€4,512 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €162,210 | €157,697 | -€4,512 | -2.8% |
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 4 October 2026 via checked.be.