ZONNESTAD: 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.
ZONNESTAD
Largest movements
- Cash +€41,242
up €41,242 (+102%), from €40,576 to €81,818
mainly Net result for the year (+€41,313) and Trade debts (+€1,685)
- Tangible fixed assets +€1,676
up €1,676 (+79.6%), from €2,105 to €3,781
of which Furniture and vehicles: +€1,319
- Receivables within one year -€1,596
down €1,596 (-11.5%), from €13,878 to €12,282
- Profit (loss) carried forward +€41,313
up €41,313 (+112%), from €37,042 to €78,356
- Trade debts +€1,685
up €1,685 (+467%), from €361 to €2,046
- Tax, wage and social debts -€1,261
down €1,261 (-7.2%), from €17,582 to €16,321
- Gross operating margin +€9,739
up €9,739 (+20.5%), from €47,509 to €57,248
- Write-downs +€2,397
new in 2025: €2,397
- Taxes +€1,552
up €1,552 (+16.2%), from €9,560 to €11,113
- Depreciation +€738
up €738 (+279%), from €264 to €1,002
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 | €57,228 | €99,005 | +€41,777 | +73.0% |
| Fixed assets | 21/28 | €2,105 | €3,781 | +€1,676 | +79.6% |
| Tangible fixed assets | 22/27 | €2,105 | €3,781 | +€1,676 | +79.6% |
| Plant, machinery and equipment | 23 | €2,105 | €2,462 | +€357 | +17.0% |
| Furniture and vehicles | 24 | - | €1,319 | +€1,319 | |
| Current assets | 29/58 | €55,123 | €95,224 | +€40,101 | +72.7% |
| Amounts receivable within one year | 40/41 | €13,878 | €12,282 | -€1,596 | -11.5% |
| Trade receivables | 40 | €13,878 | €12,282 | -€1,596 | -11.5% |
| Cash at bank and in hand | 54/58 | €40,576 | €81,818 | +€41,242 | +102% |
| Deferred charges and accrued income | 490/1 | €669 | €1,124 | +€455 | +68.0% |
| Total equity and liabilities | 10/49 | €57,228 | €99,005 | +€41,777 | +73.0% |
| Equity | 10/15 | €39,042 | €80,356 | +€41,313 | +106% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,042 | €78,356 | +€41,313 | +112% |
| Amounts payable | 17/49 | €18,185 | €18,650 | +€464 | +2.6% |
| Amounts payable within one year | 42/48 | €18,185 | €18,650 | +€464 | +2.6% |
| Trade debts | 44 | €361 | €2,046 | +€1,685 | +467% |
| Suppliers | 440/4 | €361 | €2,046 | +€1,685 | +467% |
| Taxes, remuneration and social security | 45 | €17,582 | €16,321 | -€1,261 | -7.2% |
| Taxes | 450/3 | €17,582 | €16,321 | -€1,261 | -7.2% |
| Other amounts payable | 47/48 | €243 | €283 | +€40 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €264 | €1,002 | +€738 | +279% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,397 | +€2,397 | |
| Other operating charges | 640/8 | €67 | €325 | +€258 | +383% |
| Gross operating margin | 9900 | €47,509 | €57,248 | +€9,739 | +20.5% |
| Operating profit (loss) | 9901 | €47,177 | €53,523 | +€6,346 | +13.5% |
| Financial charges | 65/66B | €574 | €1,097 | +€523 | +91.1% |
| Recurring financial charges | 65 | €574 | €1,097 | +€523 | +91.1% |
| Profit (loss) for the period before taxes | 9903 | €46,603 | €52,426 | +€5,823 | +12.5% |
| Income taxes | 67/77 | €9,560 | €11,113 | +€1,552 | +16.2% |
| Profit (loss) for the period | 9904 | €37,042 | €41,313 | +€4,271 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,042 | €41,313 | +€4,271 | +11.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.