ZOSMA: what changed
Two fiscal 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.
ZOSMA
Largest movements
- Tangible fixed assets -€10,827
no longer reported in 2025 (was €10,827)
- Cash +€9,610
up €9,610 (+283.1%), from €3,395 to €13,005
mainly Tax, wage and social debts (+€14,810) and Depreciation (+€10,827)
- Profit (loss) carried forward -€14,957
down €14,957 (-35.5%), from -€42,121 to -€57,078
- Tax, wage and social debts +€14,810
up €14,810 (+137.9%), from €10,738 to €25,548
of which Taxes: +€13,494
- Debts after one year +€7,505
up €7,505 (+2.3%), from €330,212 to €337,717
of which Other amounts payable: +€14,865
- Purchases and services +€113,980
new in 2025: €113,980
- Gross operating margin +€18,019
up €18,019 (+87.6%), from -€20,581 to -€2,562
- Other operating charges -€1,352
down €1,352 (-69.1%), from €1,956 to €604
- Depreciation -€420
down €420 (-3.7%), from €11,247 to €10,827
- Financial charges -€326
down €326 (-26.0%), from €1,255 to €929
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 | €468,357 | €474,826 | +€6,469 | +1.4% |
| Fixed assets | 21/28 | €320,877 | €310,050 | -€10,827 | -3.4% |
| Tangible fixed assets | 22/27 | €10,827 | - | -€10,827 | |
| Furniture and vehicles | 24 | €10,827 | - | -€10,827 | |
| Financial fixed assets | 28 | €310,050 | €310,050 | = | 0.0% |
| Current assets | 29/58 | €147,480 | €164,776 | +€17,296 | +11.7% |
| Stocks and contracts in progress | 3 | €140,447 | €143,773 | +€3,326 | +2.4% |
| Stocks | 30/36 | €140,447 | €143,773 | +€3,326 | +2.4% |
| Amounts receivable within one year | 40/41 | €3,537 | €7,612 | +€4,075 | +115.2% |
| Trade receivables | 40 | €3,537 | €612 | -€2,925 | -82.7% |
| Other amounts receivable | 41 | - | €7,000 | +€7,000 | |
| Cash at bank and in hand | 54/58 | €3,395 | €13,005 | +€9,610 | +283.1% |
| Deferred charges and accrued income | 490/1 | €101 | €386 | +€285 | +282.2% |
| Total equity and liabilities | 10/49 | €468,357 | €474,826 | +€6,469 | +1.4% |
| Equity | 10/15 | €116,956 | €101,999 | -€14,957 | -12.8% |
| Contributions | 10/11 | €141,850 | €141,850 | = | 0.0% |
| Reserves | 13 | €17,227 | €17,227 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,327 | €9,327 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,327 | €9,327 | = | 0.0% |
| Distributable reserves | 133 | €7,900 | €7,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,121 | -€57,078 | -€14,957 | -35.5% |
| Amounts payable | 17/49 | €351,401 | €372,827 | +€21,426 | +6.1% |
| Amounts payable after more than one year | 17 | €330,212 | €337,717 | +€7,505 | +2.3% |
| Financial debts | 170/4 | €7,360 | - | -€7,360 | |
| Other amounts payable | 178/9 | €322,852 | €337,717 | +€14,865 | +4.6% |
| Amounts payable within one year | 42/48 | €21,189 | €35,110 | +€13,921 | +65.7% |
| Current portion of amounts payable after more than one year | 42 | €7,044 | €7,360 | +€316 | +4.5% |
| Trade debts | 44 | €3,407 | €2,202 | -€1,205 | -35.4% |
| Suppliers | 440/4 | €3,407 | €2,202 | -€1,205 | -35.4% |
| Taxes, remuneration and social security | 45 | €10,738 | €25,548 | +€14,810 | +137.9% |
| Taxes | 450/3 | €9,650 | €23,144 | +€13,494 | +139.8% |
| Remuneration and social security | 454/9 | €1,088 | €2,404 | +€1,316 | +121.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €113,980 | +€113,980 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,247 | €10,827 | -€420 | -3.7% |
| Other operating charges | 640/8 | €1,956 | €604 | -€1,352 | -69.1% |
| Gross operating margin | 9900 | -€20,581 | -€2,562 | +€18,019 | +87.6% |
| Operating profit (loss) | 9901 | -€33,784 | -€13,993 | +€19,791 | +58.6% |
| Financial income | 75/76B | €87 | €247 | +€160 | +183.9% |
| Recurring financial income | 75 | €87 | €247 | +€160 | +183.9% |
| Financial charges | 65/66B | €1,255 | €929 | -€326 | -26.0% |
| Recurring financial charges | 65 | €1,255 | €929 | -€326 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | -€34,952 | -€14,675 | +€20,277 | +58.0% |
| Income taxes | 67/77 | €422 | €282 | -€140 | -33.2% |
| Profit (loss) for the period | 9904 | -€35,374 | -€14,957 | +€20,417 | +57.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,374 | -€14,957 | +€20,417 | +57.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.