Skip to content

ZOZ: 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.

What changed

ZOZ

BE 0806.775.427
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€38,850
2024 · -€39,820+€970
Equity
-€407,423
2024 · -€368,573-€38,850
Cash
€220
2024 · €268-€48
Balance sheet total
€262,411
2024 · €279,132-€16,722

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€16,674

    down €16,674 (-6.1%), from €273,825 to €257,151

    of which Land and buildings: -€15,000

Equity and liabilities
  • Profit (loss) carried forward -€38,850

    down €38,850 (-6.6%), from -€588,573 to -€627,423

  • Accrued charges and deferred income +€16,437

    up €16,437 (+12.0%), from €137,002 to €153,439

  • Debts after one year +€5,500

    up €5,500 (+1.1%), from €502,000 to €507,500

Income statement
  • Gross operating margin +€1,202

    up €1,202 (+32.4%), from -€3,706 to -€2,505

  • Financial charges +€155

    up €155 (+0.9%), from €16,311 to €16,466

  • Other operating charges +€78

    up €78 (+2.5%), from €3,129 to €3,206

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€39,820
Gross operating margin +€1,202
Other operating charges -€78
Financial charges -€155
Result 2025 -€38,850

Cash bridge derived

cash 2024 to 2025

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.

From operations -€5,548
Investment €0
Financing +€5,500
Cash 2024 €268
Net result for the year -€38,850
Depreciation +€16,674
Trade debts +€192
Accrued charges and deferred income +€16,437
Debts after one year +€5,500
Cash 2025 €220
Every line side by side 28 lines
Line Code 2024 2025 Change %
Total assets 20/58 €279,132 €262,411 -€16,722 -6.0%
Fixed assets 21/28 €273,825 €257,151 -€16,674 -6.1%
Tangible fixed assets 22/27 €273,825 €257,151 -€16,674 -6.1%
Land and buildings 22 €264,479 €249,479 -€15,000 -5.7%
Plant, machinery and equipment 23 €9,345 €7,671 -€1,674 -17.9%
Current assets 29/58 €5,308 €5,260 -€48 -0.9%
Cash at bank and in hand 54/58 €268 €220 -€48 -17.9%
Deferred charges and accrued income 490/1 €5,040 €5,040 = 0.0%
Total equity and liabilities 10/49 €279,132 €262,411 -€16,722 -6.0%
Equity 10/15 -€368,573 -€407,423 -€38,850 -10.5%
Contributions 10/11 €220,000 €220,000 = 0.0%
Profit (loss) carried forward 14 -€588,573 -€627,423 -€38,850 -6.6%
Amounts payable 17/49 €647,705 €669,834 +€22,129 +3.4%
Amounts payable after more than one year 17 €502,000 €507,500 +€5,500 +1.1%
Financial debts 170/4 €502,000 €507,500 +€5,500 +1.1%
Amounts payable within one year 42/48 €8,703 €8,895 +€192 +2.2%
Trade debts 44 €8,703 €8,895 +€192 +2.2%
Suppliers 440/4 €8,703 €8,895 +€192 +2.2%
Accrued charges and deferred income 492/3 €137,002 €153,439 +€16,437 +12.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €16,674 €16,674 = 0.0%
Other operating charges 640/8 €3,129 €3,206 +€78 +2.5%
Gross operating margin 9900 -€3,706 -€2,505 +€1,202 +32.4%
Operating profit (loss) 9901 -€23,509 -€22,385 +€1,124 +4.8%
Financial charges 65/66B €16,311 €16,466 +€155 +0.9%
Recurring financial charges 65 €16,311 €16,466 +€155 +0.9%
Profit (loss) for the period before taxes 9903 -€39,820 -€38,850 +€970 +2.4%
Profit (loss) for the period 9904 -€39,820 -€38,850 +€970 +2.4%
Profit (loss) for the period to be appropriated 9905 -€39,820 -€38,850 +€970 +2.4%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.