ZOT VAN KAAS: what changed
ZOT VAN KAAS
Largest movements
- Tangible fixed assets -€11,170
down €11,170 (-23.0%), from €48,514 to €37,343
of which Leasing and similar rights: -€6,124
- Cash -€8,216
down €8,216 (-14.9%), from €55,205 to €46,989
mainly Debts after one year (-€17,117) and Receivables within one year (-€4,463)
- Receivables within one year +€4,463
up €4,463 (+8.2%), from €54,623 to €59,086
of which Other amounts receivable: +€2,332
- Debts after one year -€17,117
down €17,117 (-48.1%), from €35,622 to €18,505
- Other debts +€3,185
up €3,185 (+71.4%), from €4,459 to €7,644
- Gross operating margin -€23,587
down €23,587 (-62.8%), from €37,575 to €13,988
- Taxes -€7,308
down €7,308 (-95.7%), from €7,632 to €325
- Depreciation +€3,641
up €3,641 (+48.4%), from €7,529 to €11,170
- Financial charges +€447
up €447 (+23.0%), from €1,940 to €2,386
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,332 | €160,677 | -€15,655 | -8.9% |
| Fixed assets | 21/28 | €50,464 | €39,293 | -€11,170 | -22.1% |
| Tangible fixed assets | 22/27 | €48,514 | €37,343 | -€11,170 | -23.0% |
| Plant, machinery and equipment | 23 | €12,542 | €9,189 | -€3,353 | -26.7% |
| Leasing and similar rights | 25 | €29,199 | €23,074 | -€6,124 | -21.0% |
| Other tangible fixed assets | 26 | €6,774 | €5,080 | -€1,693 | -25.0% |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €125,868 | €121,384 | -€4,484 | -3.6% |
| Stocks and contracts in progress | 3 | €14,177 | €13,163 | -€1,014 | -7.1% |
| Stocks | 30/36 | €14,177 | €13,163 | -€1,014 | -7.1% |
| Amounts receivable within one year | 40/41 | €54,623 | €59,086 | +€4,463 | +8.2% |
| Trade receivables | 40 | - | €2,132 | +€2,132 | |
| Other amounts receivable | 41 | €54,623 | €56,954 | +€2,332 | +4.3% |
| Cash at bank and in hand | 54/58 | €55,205 | €46,989 | -€8,216 | -14.9% |
| Deferred charges and accrued income | 490/1 | €1,864 | €2,146 | +€282 | +15.1% |
| Total equity and liabilities | 10/49 | €176,332 | €160,677 | -€15,655 | -8.9% |
| Equity | 10/15 | €110,008 | €108,403 | -€1,604 | -1.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €100,359 | €100,359 | = | 0.0% |
| Distributable reserves | 133 | €100,359 | €100,359 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,449 | €1,844 | -€1,604 | -46.5% |
| Amounts payable | 17/49 | €66,324 | €52,274 | -€14,050 | -21.2% |
| Amounts payable after more than one year | 17 | €35,622 | €18,505 | -€17,117 | -48.1% |
| Financial debts | 170/4 | €35,622 | €18,505 | -€17,117 | -48.1% |
| Amounts payable within one year | 42/48 | €30,702 | €33,769 | +€3,066 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €16,731 | €17,117 | +€386 | +2.3% |
| Trade debts | 44 | €7,634 | €6,847 | -€787 | -10.3% |
| Suppliers | 440/4 | €7,634 | €6,847 | -€787 | -10.3% |
| Taxes, remuneration and social security | 45 | €1,878 | €2,161 | +€282 | +15.0% |
| Taxes | 450/3 | €1,878 | €2,161 | +€282 | +15.0% |
| Other amounts payable | 47/48 | €4,459 | €7,644 | +€3,185 | +71.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,529 | €11,170 | +€3,641 | +48.4% |
| Other operating charges | 640/8 | €1,476 | €1,753 | +€277 | +18.8% |
| Gross operating margin | 9900 | €37,575 | €13,988 | -€23,587 | -62.8% |
| Operating profit (loss) | 9901 | €28,571 | €1,065 | -€27,506 | -96.3% |
| Financial income | 75/76B | €44 | €42 | -€2 | -4.3% |
| Recurring financial income | 75 | €44 | €42 | -€2 | -4.3% |
| Financial charges | 65/66B | €1,940 | €2,386 | +€447 | +23.0% |
| Recurring financial charges | 65 | €1,940 | €2,386 | +€447 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €26,674 | -€1,280 | -€27,954 | |
| Income taxes | 67/77 | €7,632 | €325 | -€7,308 | -95.7% |
| Profit (loss) for the period | 9904 | €19,042 | -€1,604 | -€20,647 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,042 | -€1,604 | -€20,647 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.