ZONNEPARK EDC: 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.
ZONNEPARK EDC
Largest movements
- Cash -€134,352
down €134,352 (-43.5%), from €309,073 to €174,721
mainly Debts after one year (-€205,807) and Receivables within one year (-€29,397)
- Tangible fixed assets -€81,391
down €81,391 (-6.8%), from €1.2m to €1.1m
of which Leasing and similar rights: -€80,672
- Receivables within one year +€29,397
up €29,397 (+76.8%), from €38,300 to €67,698
of which Trade receivables: +€30,172
- Deferred charges and accrued income +€27,586
up €27,586 (+418%), from €6,600 to €34,186
- Debts after one year -€205,807
down €205,807 (-25.8%), from €799,207 to €593,400
- Profit (loss) carried forward +€43,408
up €43,408 (+149%), from €29,116 to €72,523
- Depreciation -€169,836
down €169,836 (-67.6%), from €251,227 to €81,391
- Gross operating margin -€62,825
down €62,825 (-30.9%), from €203,366 to €140,541
- Financial charges -€3,168
down €3,168 (-15.2%), from €20,774 to €17,606
- Financial income -€3,125
down €3,125 (-51.1%), from €6,116 to €2,991
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.
Derived cash bridge
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 | €1,556,273 | €1,397,513 | -€158,760 | -10.2% |
| Fixed assets | 21/28 | €1,202,300 | €1,120,909 | -€81,391 | -6.8% |
| Tangible fixed assets | 22/27 | €1,202,300 | €1,120,909 | -€81,391 | -6.8% |
| Land and buildings | 22 | €8,792 | €8,792 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,595 | €2,876 | -€719 | -20.0% |
| Leasing and similar rights | 25 | €1,189,913 | €1,109,241 | -€80,672 | -6.8% |
| Current assets | 29/58 | €353,973 | €276,604 | -€77,369 | -21.9% |
| Amounts receivable within one year | 40/41 | €38,300 | €67,698 | +€29,397 | +76.8% |
| Trade receivables | 40 | €29,938 | €60,110 | +€30,172 | +101% |
| Other amounts receivable | 41 | €8,363 | €7,588 | -€775 | -9.3% |
| Cash at bank and in hand | 54/58 | €309,073 | €174,721 | -€134,352 | -43.5% |
| Deferred charges and accrued income | 490/1 | €6,600 | €34,186 | +€27,586 | +418% |
| Total equity and liabilities | 10/49 | €1,556,273 | €1,397,513 | -€158,760 | -10.2% |
| Equity | 10/15 | €549,125 | €592,533 | +€43,408 | +7.9% |
| Contributions | 10/11 | €520,010 | €520,010 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,116 | €72,523 | +€43,408 | +149% |
| Amounts payable | 17/49 | €1,007,148 | €804,980 | -€202,167 | -20.1% |
| Amounts payable after more than one year | 17 | €799,207 | €593,400 | -€205,807 | -25.8% |
| Financial debts | 170/4 | €799,207 | €593,400 | -€205,807 | -25.8% |
| Amounts payable within one year | 42/48 | €207,941 | €211,580 | +€3,639 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €202,267 | €205,807 | +€3,540 | +1.8% |
| Trade debts | 44 | €5,674 | €5,773 | +€100 | +1.8% |
| Suppliers | 440/4 | €5,674 | €5,773 | +€100 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251,227 | €81,391 | -€169,836 | -67.6% |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€33 | +3.0% |
| Gross operating margin | 9900 | €203,366 | €140,541 | -€62,825 | -30.9% |
| Operating profit (loss) | 9901 | -€48,955 | €58,023 | +€106,978 | |
| Financial income | 75/76B | €6,116 | €2,991 | -€3,125 | -51.1% |
| Recurring financial income | 75 | €6,116 | €2,991 | -€3,125 | -51.1% |
| Financial charges | 65/66B | €20,774 | €17,606 | -€3,168 | -15.2% |
| Recurring financial charges | 65 | €20,774 | €17,606 | -€3,168 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | -€63,613 | €43,408 | +€107,021 | |
| Profit (loss) for the period | 9904 | -€63,613 | €43,408 | +€107,021 | |
| Profit (loss) for the period to be appropriated | 9905 | -€63,613 | €43,408 | +€107,021 |
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 16 October 2026 via checked.be.