ZOUTERESORT: 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.
ZOUTERESORT
Largest movements
- Current investments +€250,321
new in 2025: €250,321
- Receivables within one year -€200,337
no longer reported in 2025 (was €200,337)
- Cash -€50,657
down €50,657 (-43.5%), from €116,330 to €65,673
mainly Current investments (-€250,321) and Net result for the year (-€18,575)
- Tangible fixed assets -€26,147
down €26,147 (-3.1%), from €856,591 to €830,444
of which Land and buildings: -€25,222
- Profit (loss) carried forward -€18,575
down €18,575 (-81.4%), from -€22,824 to -€41,399
- Gross operating margin +€17,380
up €17,380, from -€4,387 to €12,993
- Financial income -€9,958
down €9,958 (-96.1%), from €10,362 to €404
- Depreciation -€9,154
down €9,154 (-25.9%), from €35,301 to €26,147
- Financial charges -€4,366
down €4,366 (-81.0%), from €5,393 to €1,027
- Taxes -€2,172
down €2,172 (-79.8%), from €2,723 to €551
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 | €1,173,258 | €1,146,438 | -€26,819 | -2.3% |
| Fixed assets | 21/28 | €856,591 | €830,444 | -€26,147 | -3.1% |
| Tangible fixed assets | 22/27 | €856,591 | €830,444 | -€26,147 | -3.1% |
| Land and buildings | 22 | €827,278 | €802,057 | -€25,222 | -3.0% |
| Plant, machinery and equipment | 23 | €29,233 | €28,387 | -€847 | -2.9% |
| Furniture and vehicles | 24 | €79 | - | -€79 | |
| Current assets | 29/58 | €316,667 | €315,995 | -€672 | -0.2% |
| Amounts receivable within one year | 40/41 | €200,337 | - | -€200,337 | |
| Other amounts receivable | 41 | €200,337 | - | -€200,337 | |
| Current investments | 50/53 | - | €250,321 | +€250,321 | |
| Cash at bank and in hand | 54/58 | €116,330 | €65,673 | -€50,657 | -43.5% |
| Total equity and liabilities | 10/49 | €1,173,258 | €1,146,438 | -€26,819 | -2.3% |
| Equity | 10/15 | €905,090 | €886,515 | -€18,575 | -2.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Outside capital | 11 | €20,000 | - | -€20,000 | |
| Other | 1109/19 | €20,000 | - | -€20,000 | |
| Reserves | 13 | €907,914 | €907,914 | = | 0.0% |
| Distributable reserves | 133 | €907,914 | €907,914 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,824 | -€41,399 | -€18,575 | -81.4% |
| Amounts payable | 17/49 | €268,168 | €259,923 | -€8,244 | -3.1% |
| Amounts payable within one year | 42/48 | €268,168 | €259,923 | -€8,244 | -3.1% |
| Trade debts | 44 | €1,513 | - | -€1,513 | |
| Suppliers | 440/4 | €1,513 | - | -€1,513 | |
| Taxes, remuneration and social security | 45 | €6,732 | - | -€6,732 | |
| Taxes | 450/3 | €6,732 | - | -€6,732 | |
| Other amounts payable | 47/48 | €259,923 | €259,923 | = | 0.0% |
| Non-recurring operating income | 76A | €256 | - | -€256 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,301 | €26,147 | -€9,154 | -25.9% |
| Other operating charges | 640/8 | €4,882 | €4,246 | -€636 | -13.0% |
| Gross operating margin | 9900 | -€4,387 | €12,993 | +€17,380 | |
| Operating profit (loss) | 9901 | -€44,570 | -€17,401 | +€27,169 | +61.0% |
| Financial income | 75/76B | €10,362 | €404 | -€9,958 | -96.1% |
| Recurring financial income | 75 | €10,362 | €404 | -€9,958 | -96.1% |
| Financial charges | 65/66B | €5,393 | €1,027 | -€4,366 | -81.0% |
| Recurring financial charges | 65 | €5,393 | €1,027 | -€4,366 | -81.0% |
| Profit (loss) for the period before taxes | 9903 | -€39,601 | -€18,024 | +€21,577 | +54.5% |
| Income taxes | 67/77 | €2,723 | €551 | -€2,172 | -79.8% |
| Profit (loss) for the period | 9904 | -€42,324 | -€18,575 | +€23,749 | +56.1% |
| Transfer from tax-exempt reserves | 789 | €17,500 | - | -€17,500 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,824 | -€18,575 | +€6,249 | +25.2% |
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 7 October 2026 via checked.be.