ZONE 3PRODUCTION: 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.
ZONE 3PRODUCTION
Largest movements
- Cash +€54,457
up €54,457 (+1269.9%), from €4,288 to €58,745
mainly Trade debts (+€85,141) and Tax, wage and social debts (+€81,805)
- Receivables within one year +€27,901
up €27,901 (+6.8%), from €411,304 to €439,205
of which Trade receivables: +€51,141
- Tangible fixed assets +€21,647
up €21,647 (+2.0%), from €1.1m to €1.1m
of which Other tangible fixed assets: +€41,585
- Trade debts +€85,141
up €85,141 (+244.6%), from €34,811 to €119,952
- Tax, wage and social debts +€81,805
up €81,805 (+30.4%), from €269,137 to €350,942
- Profit (loss) carried forward -€57,071
down €57,071 (-49.4%), from €115,414 to €58,342
- Gross operating margin -€149,040
down €149,040 (-49.1%), from €303,267 to €154,227
- Taxes -€81,407
down €81,407 (-99.8%), from €81,551 to €144
- Other operating charges +€53,583
up €53,583 (+68.3%), from €78,478 to €132,061
- Financial charges +€42,583
up €42,583 (+2317.3%), from €1,838 to €44,421
- Depreciation +€3,418
up €3,418 (+10.9%), from €31,254 to €34,673
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 | €1,498,646 | €1,609,601 | +€110,955 | +7.4% |
| Fixed assets | 21/28 | €1,083,054 | €1,111,651 | +€28,597 | +2.6% |
| Tangible fixed assets | 22/27 | €1,083,054 | €1,104,701 | +€21,647 | +2.0% |
| Land and buildings | 22 | €1,012,368 | €996,500 | -€15,868 | -1.6% |
| Furniture and vehicles | 24 | €5,109 | €1,039 | -€4,070 | -79.7% |
| Other tangible fixed assets | 26 | €65,577 | €107,162 | +€41,585 | +63.4% |
| Financial fixed assets | 28 | - | €6,950 | +€6,950 | |
| Current assets | 29/58 | €415,592 | €497,950 | +€82,358 | +19.8% |
| Amounts receivable within one year | 40/41 | €411,304 | €439,205 | +€27,901 | +6.8% |
| Trade receivables | 40 | €386,837 | €437,978 | +€51,141 | +13.2% |
| Other amounts receivable | 41 | €24,467 | €1,227 | -€23,240 | -95.0% |
| Cash at bank and in hand | 54/58 | €4,288 | €58,745 | +€54,457 | +1269.9% |
| Total equity and liabilities | 10/49 | €1,498,646 | €1,609,601 | +€110,955 | +7.4% |
| Equity | 10/15 | €1,189,347 | €1,132,276 | -€57,071 | -4.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Revaluation surpluses | 12 | €1,059,674 | €1,059,674 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,414 | €58,342 | -€57,071 | -49.4% |
| Amounts payable | 17/49 | €309,299 | €477,325 | +€168,027 | +54.3% |
| Amounts payable within one year | 42/48 | €309,299 | €477,325 | +€168,027 | +54.3% |
| Trade debts | 44 | €34,811 | €119,952 | +€85,141 | +244.6% |
| Suppliers | 440/4 | €34,811 | €119,952 | +€85,141 | +244.6% |
| Taxes, remuneration and social security | 45 | €269,137 | €350,942 | +€81,805 | +30.4% |
| Taxes | 450/3 | €269,137 | €350,942 | +€81,805 | +30.4% |
| Other amounts payable | 47/48 | €5,351 | €6,432 | +€1,081 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,254 | €34,673 | +€3,418 | +10.9% |
| Other operating charges | 640/8 | €78,478 | €132,061 | +€53,583 | +68.3% |
| Non-recurring operating charges | 66A | €55,606 | - | -€55,606 | |
| Gross operating margin | 9900 | €303,267 | €154,227 | -€149,040 | -49.1% |
| Operating profit (loss) | 9901 | €137,929 | -€12,507 | -€150,436 | |
| Financial charges | 65/66B | €1,838 | €44,421 | +€42,583 | +2317.3% |
| Recurring financial charges | 65 | €1,838 | €44,421 | +€42,583 | +2317.3% |
| Profit (loss) for the period before taxes | 9903 | €136,091 | -€56,928 | -€193,019 | |
| Income taxes | 67/77 | €81,551 | €144 | -€81,407 | -99.8% |
| Profit (loss) for the period | 9904 | €54,540 | -€57,071 | -€111,611 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,540 | -€57,071 | -€111,611 |
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 11 October 2026 via checked.be.