ZP Management: 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.
ZP Management
Largest movements
- Receivables within one year -€4,063
down €4,063 (-76.9%), from €5,285 to €1,222
of which Trade receivables: -€4,829
- Tangible fixed assets +€502
up €502 (+23.1%), from €2,177 to €2,679
of which Furniture and vehicles: +€992
- Profit (loss) carried forward -€3,830
new in 2025: -€3,830
- Other debts +€3,000
new in 2025: €3,000
- Trade debts -€1,894
down €1,894 (-77.3%), from €2,449 to €555
- Tax, wage and social debts -€739
down €739 (-100.0%), from €739 to €0
- Gross operating margin -€5,992
down €5,992, from €3,655 to -€2,338
- Taxes -€739
down €739 (-100.0%), from €739 to €0
- Depreciation +€688
up €688 (+252.5%), from €272 to €960
- Other operating charges -€422
down €422 (-47.8%), from €884 to €462
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 | €9,846 | €6,383 | -€3,463 | -35.2% |
| Fixed assets | 21/28 | €2,177 | €2,679 | +€502 | +23.1% |
| Tangible fixed assets | 22/27 | €2,177 | €2,679 | +€502 | +23.1% |
| Plant, machinery and equipment | 23 | €2,177 | €1,687 | -€490 | -22.5% |
| Furniture and vehicles | 24 | - | €992 | +€992 | |
| Current assets | 29/58 | €7,669 | €3,703 | -€3,965 | -51.7% |
| Amounts receivable within one year | 40/41 | €5,285 | €1,222 | -€4,063 | -76.9% |
| Trade receivables | 40 | €4,829 | €0 | -€4,829 | -100.0% |
| Other amounts receivable | 41 | €456 | €1,222 | +€766 | +167.9% |
| Cash at bank and in hand | 54/58 | €2,384 | €2,482 | +€98 | +4.1% |
| Total equity and liabilities | 10/49 | €9,846 | €6,383 | -€3,463 | -35.2% |
| Equity | 10/15 | €6,657 | €2,827 | -€3,830 | -57.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,657 | €1,657 | = | 0.0% |
| Distributable reserves | 133 | €1,657 | €1,657 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,830 | -€3,830 | |
| Amounts payable | 17/49 | €3,189 | €3,555 | +€366 | +11.5% |
| Amounts payable within one year | 42/48 | €3,189 | €3,555 | +€366 | +11.5% |
| Trade debts | 44 | €2,449 | €555 | -€1,894 | -77.3% |
| Suppliers | 440/4 | €2,449 | €555 | -€1,894 | -77.3% |
| Taxes, remuneration and social security | 45 | €739 | €0 | -€739 | -100.0% |
| Taxes | 450/3 | €739 | €0 | -€739 | -100.0% |
| Other amounts payable | 47/48 | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €272 | €960 | +€688 | +252.5% |
| Other operating charges | 640/8 | €884 | €462 | -€422 | -47.8% |
| Gross operating margin | 9900 | €3,655 | -€2,338 | -€5,992 | |
| Operating profit (loss) | 9901 | €2,499 | -€3,759 | -€6,258 | |
| Financial charges | 65/66B | €102 | €70 | -€32 | -31.1% |
| Recurring financial charges | 65 | €102 | €70 | -€32 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €2,396 | -€3,830 | -€6,226 | |
| Income taxes | 67/77 | €739 | €0 | -€739 | -100.0% |
| Profit (loss) for the period | 9904 | €1,657 | -€3,830 | -€5,486 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,657 | -€3,830 | -€5,486 |
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 10 October 2026 via checked.be.