ZUCI SYSTEMS: 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.
ZUCI SYSTEMS
Largest movements
- Receivables within one year +€972,639
up €972,639 (+73.8%), from €1.3m to €2.3m
of which Other amounts receivable: +€894,992
- Short-term financial debts +€1.3m
new in 2025: €1.3m
- Trade debts -€238,611
down €238,611 (-22.2%), from €1.1m to €836,727
- Reserves +€93,438
up €93,438 (+53.7%), from €173,902 to €267,340
- Debts after one year -€83,196
down €83,196 (-26.1%), from €319,196 to €236,000
- Current portion of long-term debt -€76,748
down €76,748 (-48.0%), from €159,944 to €83,196
- Gross operating margin +€41,884
up €41,884 (+26.5%), from €158,186 to €200,070
- Staff costs +€26,240
new in 2025: €26,240
- Taxes +€6,535
up €6,535 (+25.6%), from €25,552 to €32,087
- Financial charges +€5,087
up €5,087 (+11.7%), from €43,404 to €48,491
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 | €2,952,939 | €3,961,863 | +€1.0m | +34.2% |
| Fixed assets | 21/28 | €1,624,878 | €1,624,878 | = | 0.0% |
| Financial fixed assets | 28 | €1,624,878 | €1,624,878 | = | 0.0% |
| Current assets | 29/58 | €1,328,061 | €2,336,985 | +€1.0m | +76.0% |
| Amounts receivable within one year | 40/41 | €1,317,204 | €2,289,843 | +€972,639 | +73.8% |
| Trade receivables | 40 | €1,316,764 | €1,394,411 | +€77,647 | +5.9% |
| Other amounts receivable | 41 | €440 | €895,432 | +€894,992 | +203430.5% |
| Cash at bank and in hand | 54/58 | €10,857 | €39,887 | +€29,030 | +267.4% |
| Deferred charges and accrued income | 490/1 | €0 | €7,254 | +€7,254 | |
| Total equity and liabilities | 10/49 | €2,952,939 | €3,961,863 | +€1.0m | +34.2% |
| Equity | 10/15 | €223,902 | €317,340 | +€93,438 | +41.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €173,902 | €267,340 | +€93,438 | +53.7% |
| Distributable reserves | 133 | €173,902 | €267,340 | +€93,438 | +53.7% |
| Amounts payable | 17/49 | €2,729,037 | €3,644,522 | +€915,486 | +33.5% |
| Amounts payable after more than one year | 17 | €319,196 | €236,000 | -€83,196 | -26.1% |
| Financial debts | 170/4 | €319,196 | €236,000 | -€83,196 | -26.1% |
| Amounts payable within one year | 42/48 | €2,409,841 | €3,408,522 | +€998,682 | +41.4% |
| Current portion of amounts payable after more than one year | 42 | €159,944 | €83,196 | -€76,748 | -48.0% |
| Financial debts | 43 | - | €1,299,502 | +€1.3m | |
| Credit institutions | 430/8 | - | €1,299,502 | +€1.3m | |
| Trade debts | 44 | €1,075,338 | €836,727 | -€238,611 | -22.2% |
| Suppliers | 440/4 | €1,075,338 | €836,727 | -€238,611 | -22.2% |
| Taxes, remuneration and social security | 45 | €47,908 | €54,726 | +€6,818 | +14.2% |
| Taxes | 450/3 | €47,908 | €47,109 | -€799 | -1.7% |
| Remuneration and social security | 454/9 | - | €7,617 | +€7,617 | |
| Other amounts payable | 47/48 | €1,126,651 | €1,134,371 | +€7,720 | +0.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €26,240 | +€26,240 | |
| Other operating charges | 640/8 | €960 | €1,184 | +€224 | +23.3% |
| Gross operating margin | 9900 | €158,186 | €200,070 | +€41,884 | +26.5% |
| Operating profit (loss) | 9901 | €157,226 | €172,646 | +€15,420 | +9.8% |
| Financial income | 75/76B | €229 | €1,370 | +€1,141 | +499.1% |
| Recurring financial income | 75 | €229 | €1,370 | +€1,141 | +499.1% |
| Financial charges | 65/66B | €43,404 | €48,491 | +€5,087 | +11.7% |
| Recurring financial charges | 65 | €43,404 | €48,491 | +€5,087 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €114,051 | €125,525 | +€11,475 | +10.1% |
| Income taxes | 67/77 | €25,552 | €32,087 | +€6,535 | +25.6% |
| Profit (loss) for the period | 9904 | €88,498 | €93,438 | +€4,940 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €88,498 | €93,438 | +€4,940 | +5.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.