ZUM TAL: 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.
ZUM TAL
Largest movements
- Cash +€10,288
up €10,288 (+48.5%), from €21,193 to €31,481
mainly Depreciation (+€9,575) and Receivables within one year (+€4,288)
- Tangible fixed assets -€9,575
down €9,575 (-14.7%), from €65,057 to €55,482
of which Furniture and vehicles: -€9,046
- Receivables within one year -€4,288
down €4,288 (-87.7%), from €4,888 to €600
of which Trade receivables: -€4,650
- Trade debts -€5,796
down €5,796 (-88.2%), from €6,570 to €774
- Profit (loss) carried forward +€2,305
up €2,305 (+6.6%), from -€34,700 to -€32,394
- Other debts -€1,334
down €1,334 (-4.2%), from €32,144 to €30,810
- Tax, wage and social debts +€1,173
up €1,173 (+303%), from €387 to €1,561
- Gross operating margin -€2,296
down €2,296 (-11.0%), from €20,815 to €18,518
- Other operating charges -€1,246
down €1,246 (-17.3%), from €7,191 to €5,945
- Depreciation +€346
up €346 (+3.7%), from €9,229 to €9,575
- Taxes +€252
up €252 (+65.0%), from €387 to €639
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 | €93,450 | €89,799 | -€3,652 | -3.9% |
| Fixed assets | 21/28 | €65,057 | €55,482 | -€9,575 | -14.7% |
| Tangible fixed assets | 22/27 | €65,057 | €55,482 | -€9,575 | -14.7% |
| Land and buildings | 22 | €27,268 | €27,268 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,259 | €730 | -€529 | -42.0% |
| Furniture and vehicles | 24 | €36,530 | €27,484 | -€9,046 | -24.8% |
| Current assets | 29/58 | €28,394 | €34,317 | +€5,923 | +20.9% |
| Stocks and contracts in progress | 3 | €657 | €447 | -€210 | -32.0% |
| Stocks | 30/36 | €657 | €447 | -€210 | -32.0% |
| Amounts receivable within one year | 40/41 | €4,888 | €600 | -€4,288 | -87.7% |
| Trade receivables | 40 | €4,650 | - | -€4,650 | |
| Other amounts receivable | 41 | €238 | €600 | +€362 | +152% |
| Cash at bank and in hand | 54/58 | €21,193 | €31,481 | +€10,288 | +48.5% |
| Deferred charges and accrued income | 490/1 | €1,655 | €1,789 | +€134 | +8.1% |
| Total equity and liabilities | 10/49 | €93,450 | €89,799 | -€3,652 | -3.9% |
| Equity | 10/15 | €54,349 | €56,654 | +€2,305 | +4.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €70,457 | €70,457 | = | 0.0% |
| Non-distributable reserves | 130/1 | €70,457 | €70,457 | = | 0.0% |
| Reserves not available under the articles | 1311 | €70,457 | €70,457 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,700 | -€32,394 | +€2,305 | +6.6% |
| Amounts payable | 17/49 | €39,101 | €33,144 | -€5,957 | -15.2% |
| Amounts payable within one year | 42/48 | €39,101 | €33,144 | -€5,957 | -15.2% |
| Trade debts | 44 | €6,570 | €774 | -€5,796 | -88.2% |
| Suppliers | 440/4 | €6,570 | €774 | -€5,796 | -88.2% |
| Taxes, remuneration and social security | 45 | €387 | €1,561 | +€1,173 | +303% |
| Taxes | 450/3 | €387 | €1,561 | +€1,173 | +303% |
| Other amounts payable | 47/48 | €32,144 | €30,810 | -€1,334 | -4.2% |
| Non-recurring operating income | 76A | €12,123 | €2,127 | -€9,996 | -82.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,229 | €9,575 | +€346 | +3.7% |
| Other operating charges | 640/8 | €7,191 | €5,945 | -€1,246 | -17.3% |
| Gross operating margin | 9900 | €20,815 | €18,518 | -€2,296 | -11.0% |
| Operating profit (loss) | 9901 | €4,395 | €2,998 | -€1,397 | -31.8% |
| Financial income | 75/76B | €0 | €2 | +€2 | +6,567% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +6,567% |
| Financial charges | 65/66B | €55 | €56 | +€0 | +0.5% |
| Recurring financial charges | 65 | €55 | €56 | +€0 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €4,339 | €2,944 | -€1,395 | -32.1% |
| Income taxes | 67/77 | €387 | €639 | +€252 | +65.0% |
| Profit (loss) for the period | 9904 | €3,952 | €2,305 | -€1,647 | -41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,952 | €2,305 | -€1,647 | -41.7% |
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 15 October 2026 via checked.be.