Zuidkant: 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.
Zuidkant
Largest movements
- Cash -€89,852
down €89,852 (-7.5%), from €1.2m to €1.1m
mainly Other debts (-€92,064) and Investment in fixed assets (net) (-€39,694)
- Other debts -€92,064
down €92,064 (-11.2%), from €825,422 to €733,358
- Reserves +€21,021
up €21,021 (+42.1%), from €49,980 to €71,001
- Financial income +€17,335
up €17,335 (+109.5%), from €15,838 to €33,174
- Gross operating margin +€11,413
up €11,413, from -€3,288 to €8,125
- Depreciation +€2,192
up €2,192 (+4.6%), from €47,572 to €49,763
- Financial charges -€1,111
down €1,111 (-40.4%), from €2,748 to €1,637
- Other operating charges -€522
down €522 (-9.4%), from €5,551 to €5,029
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 | €1,926,155 | €1,827,287 | -€98,868 | -5.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €730,854 | €720,785 | -€10,069 | -1.4% |
| Tangible fixed assets | 22/27 | €730,854 | €720,785 | -€10,069 | -1.4% |
| Land and buildings | 22 | €663,943 | €669,142 | +€5,199 | +0.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €66,911 | €51,643 | -€15,268 | -22.8% |
| Current assets | 29/58 | €1,195,302 | €1,106,502 | -€88,799 | -7.4% |
| Amounts receivable within one year | 40/41 | €2,916 | €3,969 | +€1,053 | +36.1% |
| Trade receivables | 40 | €2,916 | €3,969 | +€1,053 | +36.1% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €1,192,385 | €1,102,534 | -€89,852 | -7.5% |
| Total equity and liabilities | 10/49 | €1,926,155 | €1,827,287 | -€98,868 | -5.1% |
| Equity | 10/15 | €994,306 | €999,910 | +€5,604 | +0.6% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €49,980 | €71,001 | +€21,021 | +42.1% |
| Distributable reserves | 133 | €49,980 | €71,001 | +€21,021 | +42.1% |
| Profit (loss) carried forward | 14 | €884,326 | €868,909 | -€15,417 | -1.7% |
| Amounts payable | 17/49 | €931,849 | €827,377 | -€104,472 | -11.2% |
| Amounts payable after more than one year | 17 | €91,425 | €77,852 | -€13,573 | -14.8% |
| Financial debts | 170/4 | €91,425 | €77,852 | -€13,573 | -14.8% |
| Amounts payable within one year | 42/48 | €840,424 | €749,525 | -€90,899 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €14,110 | €14,280 | +€170 | +1.2% |
| Trade debts | 44 | €892 | €677 | -€215 | -24.1% |
| Suppliers | 440/4 | €892 | €677 | -€215 | -24.1% |
| Taxes, remuneration and social security | 45 | - | €1,210 | +€1,210 | |
| Taxes | 450/3 | - | €1,210 | +€1,210 | |
| Other amounts payable | 47/48 | €825,422 | €733,358 | -€92,064 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,572 | €49,763 | +€2,192 | +4.6% |
| Other operating charges | 640/8 | €5,551 | €5,029 | -€522 | -9.4% |
| Gross operating margin | 9900 | -€3,288 | €8,125 | +€11,413 | |
| Operating profit (loss) | 9901 | -€56,411 | -€46,667 | +€9,744 | +17.3% |
| Financial income | 75/76B | €15,838 | €33,174 | +€17,335 | +109.5% |
| Recurring financial income | 75 | €15,838 | €33,174 | +€17,335 | +109.5% |
| Financial charges | 65/66B | €2,748 | €1,637 | -€1,111 | -40.4% |
| Recurring financial charges | 65 | €2,748 | €1,637 | -€1,111 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | -€43,320 | -€15,130 | +€28,190 | +65.1% |
| Income taxes | 67/77 | €511 | €287 | -€224 | -43.8% |
| Profit (loss) for the period | 9904 | -€43,831 | -€15,417 | +€28,414 | +64.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,831 | -€15,417 | +€28,414 | +64.8% |
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 8 October 2026 via checked.be.