ZUID OVER DE LIEVE: 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.
ZUID OVER DE LIEVE
Largest movements
- Cash +€8,248
up €8,248 (+14.7%), from €56,153 to €64,401
mainly Net result for the year (+€8,405) and Trade debts (+€5,656)
- Receivables within one year +€5,869
up €5,869 (+22,383%), from €26 to €5,895
of which Trade receivables: +€5,895
- Reserves +€6,739
up €6,739 (+19.6%), from €34,411 to €41,150
- Trade debts +€5,656
new in 2025: €5,656
- Tax, wage and social debts +€2,352
up €2,352 (+19.4%), from €12,152 to €14,504
- Gross operating margin -€35,813
down €35,813 (-76.2%), from €47,012 to €11,199
- Taxes -€7,573
down €7,573 (-76.3%), from €9,927 to €2,354
- Other operating charges -€532
down €532 (-57.1%), from €932 to €400
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.
Derived cash bridge
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 | €56,529 | €70,646 | +€14,117 | +25.0% |
| Current assets | 29/58 | €56,529 | €70,646 | +€14,117 | +25.0% |
| Amounts receivable within one year | 40/41 | €26 | €5,895 | +€5,869 | +22,383% |
| Trade receivables | 40 | - | €5,895 | +€5,895 | |
| Other amounts receivable | 41 | €26 | - | -€26 | |
| Cash at bank and in hand | 54/58 | €56,153 | €64,401 | +€8,248 | +14.7% |
| Deferred charges and accrued income | 490/1 | €350 | €350 | = | 0.0% |
| Total equity and liabilities | 10/49 | €56,529 | €70,646 | +€14,117 | +25.0% |
| Equity | 10/15 | €36,911 | €43,650 | +€6,739 | +18.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €34,411 | €41,150 | +€6,739 | +19.6% |
| Distributable reserves | 133 | €34,411 | €41,150 | +€6,739 | +19.6% |
| Amounts payable | 17/49 | €19,618 | €26,996 | +€7,378 | +37.6% |
| Amounts payable within one year | 42/48 | €19,618 | €26,996 | +€7,378 | +37.6% |
| Trade debts | 44 | - | €5,656 | +€5,656 | |
| Suppliers | 440/4 | - | €5,656 | +€5,656 | |
| Taxes, remuneration and social security | 45 | €12,152 | €14,504 | +€2,352 | +19.4% |
| Taxes | 450/3 | €12,152 | €14,504 | +€2,352 | +19.4% |
| Other amounts payable | 47/48 | €7,466 | €6,836 | -€630 | -8.4% |
| Other operating charges | 640/8 | €932 | €400 | -€532 | -57.1% |
| Gross operating margin | 9900 | €47,012 | €11,199 | -€35,813 | -76.2% |
| Operating profit (loss) | 9901 | €46,080 | €10,799 | -€35,281 | -76.6% |
| Financial charges | 65/66B | €76 | €40 | -€36 | -46.8% |
| Recurring financial charges | 65 | €76 | €40 | -€36 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | €46,004 | €10,759 | -€35,245 | -76.6% |
| Income taxes | 67/77 | €9,927 | €2,354 | -€7,573 | -76.3% |
| Profit (loss) for the period | 9904 | €36,077 | €8,405 | -€27,672 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,077 | €8,405 | -€27,672 | -76.7% |
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 31 October 2026 via checked.be.