ZUON CONSULT: 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.
ZUON CONSULT
Largest movements
- Cash -€24,815
down €24,815 (-43.5%), from €56,985 to €32,170
mainly Current investments (-€24,000) and Contributions, distributions and other (-€16,200)
- Current investments +€24,000
up €24,000 (+38.8%), from €61,814 to €85,814
- Tangible fixed assets -€10,947
down €10,947 (-33.4%), from €32,813 to €21,866
of which Furniture and vehicles: -€12,734
- Deferred charges and accrued income +€7,218
up €7,218 (+1,468%), from €492 to €7,710
- Receivables within one year -€4,268
down €4,268 (-16.7%), from €25,550 to €21,282
of which Other amounts receivable: -€3,457
- Current portion of long-term debt -€11,903
down €11,903 (-91.6%), from €12,993 to €1,090
- Reserves +€5,903
up €5,903 (+3.8%), from €156,365 to €162,267
- Gross operating margin +€5,556
up €5,556 (+13.0%), from €42,672 to €48,228
- Depreciation -€1,450
down €1,450 (-10.0%), from €14,556 to €13,106
- Taxes +€957
up €957 (+11.2%), from €8,510 to €9,467
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 | €177,654 | €168,842 | -€8,812 | -5.0% |
| Fixed assets | 21/28 | €32,813 | €21,866 | -€10,947 | -33.4% |
| Tangible fixed assets | 22/27 | €32,813 | €21,866 | -€10,947 | -33.4% |
| Land and buildings | 22 | €1,681 | €1,248 | -€433 | -25.8% |
| Plant, machinery and equipment | 23 | €2,055 | €4,275 | +€2,220 | +108% |
| Furniture and vehicles | 24 | €29,077 | €16,343 | -€12,734 | -43.8% |
| Current assets | 29/58 | €144,841 | €146,976 | +€2,135 | +1.5% |
| Amounts receivable within one year | 40/41 | €25,550 | €21,282 | -€4,268 | -16.7% |
| Trade receivables | 40 | €22,061 | €21,250 | -€811 | -3.7% |
| Other amounts receivable | 41 | €3,490 | €33 | -€3,457 | -99.1% |
| Current investments | 50/53 | €61,814 | €85,814 | +€24,000 | +38.8% |
| Cash at bank and in hand | 54/58 | €56,985 | €32,170 | -€24,815 | -43.5% |
| Deferred charges and accrued income | 490/1 | €492 | €7,710 | +€7,218 | +1,468% |
| Total equity and liabilities | 10/49 | €177,654 | €168,842 | -€8,812 | -5.0% |
| Equity | 10/15 | €156,365 | €162,267 | +€5,903 | +3.8% |
| Reserves | 13 | €156,365 | €162,267 | +€5,903 | +3.8% |
| Distributable reserves | 133 | €156,365 | €162,267 | +€5,903 | +3.8% |
| Amounts payable | 17/49 | €21,290 | €6,575 | -€14,715 | -69.1% |
| Amounts payable after more than one year | 17 | €1,090 | - | -€1,090 | |
| Financial debts | 170/4 | €1,090 | - | -€1,090 | |
| Amounts payable within one year | 42/48 | €20,200 | €6,575 | -€13,625 | -67.5% |
| Current portion of amounts payable after more than one year | 42 | €12,993 | €1,090 | -€11,903 | -91.6% |
| Trade debts | 44 | €4,392 | €4,217 | -€175 | -4.0% |
| Suppliers | 440/4 | €4,392 | €4,217 | -€175 | -4.0% |
| Taxes, remuneration and social security | 45 | €2,289 | €1,268 | -€1,021 | -44.6% |
| Taxes | 450/3 | €2,289 | €1,268 | -€1,021 | -44.6% |
| Other amounts payable | 47/48 | €527 | - | -€527 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,556 | €13,106 | -€1,450 | -10.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Non-recurring operating charges | 66A | - | €3,515 | +€3,515 | |
| Gross operating margin | 9900 | €42,672 | €48,228 | +€5,556 | +13.0% |
| Operating profit (loss) | 9901 | €27,998 | €31,488 | +€3,490 | +12.5% |
| Financial income | 75/76B | €120 | €210 | +€91 | +75.6% |
| Recurring financial income | 75 | €120 | €210 | +€91 | +75.6% |
| Financial charges | 65/66B | €284 | €128 | -€156 | -54.8% |
| Recurring financial charges | 65 | €284 | €128 | -€156 | -54.8% |
| Profit (loss) for the period before taxes | 9903 | €27,834 | €31,570 | +€3,736 | +13.4% |
| Income taxes | 67/77 | €8,510 | €9,467 | +€957 | +11.2% |
| Profit (loss) for the period | 9904 | €19,324 | €22,103 | +€2,779 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,324 | €22,103 | +€2,779 | +14.4% |
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 19 October 2026 via checked.be.