ZUIDPOORT: 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.
ZUIDPOORT
Largest movements
- Tangible fixed assets -€698,421
down €698,421 (-4.3%), from €16.4m to €15.7m
- Cash +€178,349
up €178,349 (+681%), from €26,189 to €204,537
mainly Depreciation (+€726,923) and Accrued charges and deferred income (+€87,953)
- Revaluation surpluses -€816,680
no longer reported in 2025 (was €816,680)
- Reserves +€816,680
up €816,680 (+1,104%), from €74,000 to €890,680
of which Distributable reserves: +€816,680
- Other debts -€389,572
down €389,572 (-2.7%), from €14.5m to €14.1m
- Profit (loss) carried forward -€193,393
down €193,393, from €74,111 to -€119,281
- Trade debts -€175,939
down €175,939 (-40.3%), from €436,787 to €260,847
- Gross operating margin +€660,460
up €660,460 (+136%), from €485,645 to €1.1m
- Depreciation +€160,925
up €160,925 (+28.4%), from €565,999 to €726,923
- Financial charges -€105,683
down €105,683 (-15.3%), from €691,150 to €585,468
- Taxes -€60,000
down €60,000, from €30,000 to -€30,000
- Other operating charges +€42,447
up €42,447 (+290%), from €14,660 to €57,107
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 | €16,958,036 | €16,369,913 | -€588,122 | -3.5% |
| Fixed assets | 21/28 | €16,358,169 | €15,659,748 | -€698,421 | -4.3% |
| Tangible fixed assets | 22/27 | €16,358,169 | €15,659,748 | -€698,421 | -4.3% |
| Land and buildings | 22 | €16,358,169 | €15,659,748 | -€698,421 | -4.3% |
| Current assets | 29/58 | €599,866 | €710,165 | +€110,299 | +18.4% |
| Amounts receivable within one year | 40/41 | €561,284 | €487,605 | -€73,679 | -13.1% |
| Trade receivables | 40 | €410,048 | €487,605 | +€77,557 | +18.9% |
| Other amounts receivable | 41 | €151,236 | - | -€151,236 | |
| Cash at bank and in hand | 54/58 | €26,189 | €204,537 | +€178,349 | +681% |
| Deferred charges and accrued income | 490/1 | €12,394 | €18,023 | +€5,629 | +45.4% |
| Total equity and liabilities | 10/49 | €16,958,036 | €16,369,913 | -€588,122 | -3.5% |
| Equity | 10/15 | €1,704,791 | €1,511,398 | -€193,393 | -11.3% |
| Contributions | 10/11 | €740,000 | €740,000 | = | 0.0% |
| Capital | 10 | €740,000 | €740,000 | = | 0.0% |
| Issued capital | 100 | €740,000 | €740,000 | = | 0.0% |
| Revaluation surpluses | 12 | €816,680 | - | -€816,680 | |
| Reserves | 13 | €74,000 | €890,680 | +€816,680 | +1,104% |
| Non-distributable reserves | 130/1 | €74,000 | €74,000 | = | 0.0% |
| Legal reserve | 130 | €74,000 | €74,000 | = | 0.0% |
| Distributable reserves | 133 | - | €816,680 | +€816,680 | |
| Profit (loss) carried forward | 14 | €74,111 | -€119,281 | -€193,393 | |
| Amounts payable | 17/49 | €15,253,245 | €14,858,515 | -€394,730 | -2.6% |
| Amounts payable after more than one year | 17 | €5,860 | €4,220 | -€1,640 | -28.0% |
| Other amounts payable | 178/9 | €5,860 | €4,220 | -€1,640 | -28.0% |
| Amounts payable within one year | 42/48 | €14,914,801 | €14,433,758 | -€481,043 | -3.2% |
| Trade debts | 44 | €436,787 | €260,847 | -€175,939 | -40.3% |
| Suppliers | 440/4 | €436,787 | €260,847 | -€175,939 | -40.3% |
| Advances received on contracts in progress | 46 | €17,000 | €17,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €84,468 | +€84,468 | |
| Taxes | 450/3 | - | €84,468 | +€84,468 | |
| Other amounts payable | 47/48 | €14,461,015 | €14,071,443 | -€389,572 | -2.7% |
| Accrued charges and deferred income | 492/3 | €332,584 | €420,537 | +€87,953 | +26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €565,999 | €726,923 | +€160,925 | +28.4% |
| Other operating charges | 640/8 | €14,660 | €57,107 | +€42,447 | +290% |
| Gross operating margin | 9900 | €485,645 | €1,146,106 | +€660,460 | +136% |
| Operating profit (loss) | 9901 | -€95,013 | €362,075 | +€457,088 | |
| Financial charges | 65/66B | €691,150 | €585,468 | -€105,683 | -15.3% |
| Recurring financial charges | 65 | €691,150 | €585,468 | -€105,683 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | -€786,163 | -€223,393 | +€562,771 | +71.6% |
| Income taxes | 67/77 | €30,000 | -€30,000 | -€60,000 | |
| Profit (loss) for the period | 9904 | -€816,163 | -€193,393 | +€622,771 | +76.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€816,163 | -€193,393 | +€622,771 | +76.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.