ZONNEHEIDE: 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.
ZONNEHEIDE
Largest movements
- Cash -€41,977
down €41,977 (-23.2%), from €181,197 to €139,220
mainly Investment in fixed assets (net) (-€149,446) and Debts after one year (-€90,129)
- Tangible fixed assets +€15,618
up €15,618 (+2.8%), from €562,166 to €577,783
of which Land and buildings: +€59,361
- Receivables within one year -€13,245
down €13,245 (-56.3%), from €23,510 to €10,265
of which Trade receivables: -€20,999
- Debts after one year -€90,129
down €90,129 (-32.6%), from €276,624 to €186,495
- Trade debts +€26,239
up €26,239 (+9.7%), from €270,935 to €297,174
- Reserves +€19,739
up €19,739 (+16.9%), from €116,717 to €136,456
- Depreciation +€17,991
up €17,991 (+15.5%), from €115,838 to €133,829
- Staff costs -€13,491
down €13,491 (-19.6%), from €68,688 to €55,197
- Gross operating margin +€13,185
up €13,185 (+6.1%), from €217,255 to €230,441
- Taxes +€7,138
up €7,138 (+234%), from €3,057 to €10,194
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €781,956 | €744,223 | -€37,732 | -4.8% |
| Fixed assets | 21/28 | €562,166 | €577,783 | +€15,618 | +2.8% |
| Tangible fixed assets | 22/27 | €562,166 | €577,783 | +€15,618 | +2.8% |
| Land and buildings | 22 | €179,711 | €239,072 | +€59,361 | +33.0% |
| Plant, machinery and equipment | 23 | €196,874 | €174,694 | -€22,180 | -11.3% |
| Furniture and vehicles | 24 | €185,580 | €164,017 | -€21,563 | -11.6% |
| Current assets | 29/58 | €219,790 | €166,440 | -€53,350 | -24.3% |
| Amounts receivable within one year | 40/41 | €23,510 | €10,265 | -€13,245 | -56.3% |
| Trade receivables | 40 | €23,337 | €2,338 | -€20,999 | -90.0% |
| Other amounts receivable | 41 | €173 | €7,927 | +€7,754 | +4,486% |
| Cash at bank and in hand | 54/58 | €181,197 | €139,220 | -€41,977 | -23.2% |
| Deferred charges and accrued income | 490/1 | €15,082 | €16,955 | +€1,872 | +12.4% |
| Total equity and liabilities | 10/49 | €781,956 | €744,223 | -€37,732 | -4.8% |
| Equity | 10/15 | €122,917 | €142,656 | +€19,739 | +16.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €116,717 | €136,456 | +€19,739 | +16.9% |
| Distributable reserves | 133 | €116,717 | €136,456 | +€19,739 | +16.9% |
| Amounts payable | 17/49 | €659,038 | €601,567 | -€57,471 | -8.7% |
| Amounts payable after more than one year | 17 | €276,624 | €186,495 | -€90,129 | -32.6% |
| Financial debts | 170/4 | €276,624 | €186,495 | -€90,129 | -32.6% |
| Amounts payable within one year | 42/48 | €381,851 | €415,072 | +€33,221 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €90,129 | €90,129 | = | 0.0% |
| Trade debts | 44 | €270,935 | €297,174 | +€26,239 | +9.7% |
| Suppliers | 440/4 | €270,935 | €297,174 | +€26,239 | +9.7% |
| Taxes, remuneration and social security | 45 | €12,510 | €19,546 | +€7,036 | +56.2% |
| Taxes | 450/3 | €7,254 | €13,588 | +€6,333 | +87.3% |
| Remuneration and social security | 454/9 | €5,256 | €5,959 | +€703 | +13.4% |
| Other amounts payable | 47/48 | €8,276 | €8,223 | -€53 | -0.6% |
| Accrued charges and deferred income | 492/3 | €564 | - | -€564 | |
| Remuneration, social security and pensions | 62 | €68,688 | €55,197 | -€13,491 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,838 | €133,829 | +€17,991 | +15.5% |
| Other operating charges | 640/8 | €1,549 | €910 | -€639 | -41.3% |
| Gross operating margin | 9900 | €217,255 | €230,441 | +€13,185 | +6.1% |
| Operating profit (loss) | 9901 | €31,180 | €40,505 | +€9,325 | +29.9% |
| Financial charges | 65/66B | €12,586 | €10,572 | -€2,014 | -16.0% |
| Recurring financial charges | 65 | €12,586 | €10,572 | -€2,014 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €18,594 | €29,933 | +€11,339 | +61.0% |
| Income taxes | 67/77 | €3,057 | €10,194 | +€7,138 | +234% |
| Profit (loss) for the period | 9904 | €15,538 | €19,739 | +€4,201 | +27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,538 | €19,739 | +€4,201 | +27.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.