zonnezeil: 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.
zonnezeil
Largest movements
- Receivables within one year +€20,529
up €20,529 (+73.4%), from €27,982 to €48,510
of which Trade receivables: +€13,216
- Cash -€15,351
down €15,351 (-29.6%), from €51,917 to €36,566
mainly Other debts (-€38,417) and Receivables within one year (-€20,529)
- Provisions +€41,600
new in 2025: €41,600
- Other debts -€38,417
down €38,417 (-100%), from €38,417 to €0
- Trade debts +€2,155
up €2,155 (+1,411%), from €153 to €2,308
- Tax, wage and social debts -€889
down €889 (-12.9%), from €6,882 to €5,993
of which Taxes: -€1,049
- Provisions +€41,600
new in 2025: €41,600
- Gross operating margin +€3,658
up €3,658 (+7.2%), from €50,610 to €54,268
- Taxes +€1,316
up €1,316 (+13.6%), from €9,704 to €11,020
- Financial charges -€549
down €549 (-71.4%), from €769 to €220
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 | €81,351 | €86,625 | +€5,274 | +6.5% |
| Formation expenses | 20 | €176 | €0 | -€176 | -100% |
| Fixed assets | 21/28 | €1,277 | €1,548 | +€272 | +21.3% |
| Tangible fixed assets | 22/27 | €1,277 | €1,548 | +€272 | +21.3% |
| Furniture and vehicles | 24 | €1,277 | €1,548 | +€272 | +21.3% |
| Current assets | 29/58 | €79,899 | €85,077 | +€5,177 | +6.5% |
| Amounts receivable within one year | 40/41 | €27,982 | €48,510 | +€20,529 | +73.4% |
| Trade receivables | 40 | €23,373 | €36,589 | +€13,216 | +56.5% |
| Other amounts receivable | 41 | €4,609 | €11,921 | +€7,312 | +159% |
| Cash at bank and in hand | 54/58 | €51,917 | €36,566 | -€15,351 | -29.6% |
| Total equity and liabilities | 10/49 | €81,351 | €86,625 | +€5,274 | +6.5% |
| Equity | 10/15 | €35,900 | €36,725 | +€825 | +2.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €34,900 | €34,900 | = | 0.0% |
| Distributable reserves | 133 | €34,900 | €34,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €825 | +€825 | |
| Provisions and deferred taxes | 16 | - | €41,600 | +€41,600 | |
| Provisions for liabilities and charges | 160/5 | - | €41,600 | +€41,600 | |
| Other liabilities and charges | 164/5 | - | €41,600 | +€41,600 | |
| Amounts payable | 17/49 | €45,451 | €8,301 | -€37,151 | -81.7% |
| Amounts payable within one year | 42/48 | €45,451 | €8,301 | -€37,151 | -81.7% |
| Trade debts | 44 | €153 | €2,308 | +€2,155 | +1,411% |
| Suppliers | 440/4 | €153 | €2,308 | +€2,155 | +1,411% |
| Taxes, remuneration and social security | 45 | €6,882 | €5,993 | -€889 | -12.9% |
| Taxes | 450/3 | €6,882 | €5,833 | -€1,049 | -15.2% |
| Remuneration and social security | 454/9 | €0 | €160 | +€160 | |
| Other amounts payable | 47/48 | €38,417 | €0 | -€38,417 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €896 | €771 | -€125 | -14.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €41,600 | +€41,600 | |
| Other operating charges | 640/8 | €387 | €144 | -€243 | -62.8% |
| Non-recurring operating charges | 66A | €541 | €0 | -€541 | -100% |
| Gross operating margin | 9900 | €50,610 | €54,268 | +€3,658 | +7.2% |
| Operating profit (loss) | 9901 | €48,786 | €11,753 | -€37,032 | -75.9% |
| Financial income | 75/76B | €104 | €312 | +€207 | +199% |
| Recurring financial income | 75 | €104 | €312 | +€207 | +199% |
| Financial charges | 65/66B | €769 | €220 | -€549 | -71.4% |
| Recurring financial charges | 65 | €769 | €220 | -€549 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | €48,121 | €11,845 | -€36,276 | -75.4% |
| Income taxes | 67/77 | €9,704 | €11,020 | +€1,316 | +13.6% |
| Profit (loss) for the period | 9904 | €38,417 | €825 | -€37,593 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €38,417 | €825 | -€37,593 | -97.9% |
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 28 October 2026 via checked.be.