zVer: 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.
zVer
Largest movements
- Cash +€45,858
up €45,858 (+101.3%), from €45,257 to €91,115
mainly Net result for the year (+€60,021) and Depreciation (+€18,404)
- Financial fixed assets +€20,000
up €20,000 (+32.3%), from €61,885 to €81,885
- Tangible fixed assets -€18,404
down €18,404 (-22.7%), from €81,071 to €62,667
of which Furniture and vehicles: -€16,291
- Receivables within one year -€2,902
down €2,902 (-33.8%), from €8,593 to €5,691
of which Other amounts receivable: -€2,539
- Receivables after one year -€2,637
down €2,637 (-10.9%), from €24,139 to €21,502
- Profit (loss) carried forward +€60,021
up €60,021 (+69.6%), from €86,295 to €146,316
- Tax, wage and social debts -€15,566
down €15,566 (-62.6%), from €24,885 to €9,319
- Trade debts +€13,871
up €13,871 (+691.1%), from €2,007 to €15,878
- Current portion of long-term debt -€8,407
down €8,407 (-61.4%), from €13,694 to €5,288
- Debts after one year -€5,615
down €5,615 (-40.6%), from €13,847 to €8,231
- Gross operating margin -€71,593
down €71,593 (-55.0%), from €130,092 to €58,499
- Financial income +€30,108
up €30,108 (+4554.1%), from €661 to €30,770
- Purchases and services -€14,340
down €14,340 (-11.1%), from €129,590 to €115,250
- Taxes -€13,461
down €13,461 (-59.1%), from €22,770 to €9,309
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 | €221,165 | €262,860 | +€41,695 | +18.9% |
| Fixed assets | 21/28 | €142,956 | €144,552 | +€1,596 | +1.1% |
| Tangible fixed assets | 22/27 | €81,071 | €62,667 | -€18,404 | -22.7% |
| Furniture and vehicles | 24 | €63,952 | €47,661 | -€16,291 | -25.5% |
| Other tangible fixed assets | 26 | €17,119 | €15,006 | -€2,112 | -12.3% |
| Financial fixed assets | 28 | €61,885 | €81,885 | +€20,000 | +32.3% |
| Current assets | 29/58 | €78,210 | €118,308 | +€40,098 | +51.3% |
| Amounts receivable after more than one year | 29 | €24,139 | €21,502 | -€2,637 | -10.9% |
| Other amounts receivable | 291 | €24,139 | €21,502 | -€2,637 | -10.9% |
| Amounts receivable within one year | 40/41 | €8,593 | €5,691 | -€2,902 | -33.8% |
| Trade receivables | 40 | €363 | - | -€363 | |
| Other amounts receivable | 41 | €8,230 | €5,691 | -€2,539 | -30.9% |
| Cash at bank and in hand | 54/58 | €45,257 | €91,115 | +€45,858 | +101.3% |
| Deferred charges and accrued income | 490/1 | €220 | - | -€220 | |
| Total equity and liabilities | 10/49 | €221,165 | €262,860 | +€41,695 | +18.9% |
| Equity | 10/15 | €88,295 | €148,316 | +€60,021 | +68.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,295 | €146,316 | +€60,021 | +69.6% |
| Amounts payable | 17/49 | €132,871 | €114,544 | -€18,327 | -13.8% |
| Amounts payable after more than one year | 17 | €13,847 | €8,231 | -€5,615 | -40.6% |
| Financial debts | 170/4 | €13,847 | €8,231 | -€5,615 | -40.6% |
| Amounts payable within one year | 42/48 | €119,024 | €106,312 | -€12,711 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €13,694 | €5,288 | -€8,407 | -61.4% |
| Trade debts | 44 | €2,007 | €15,878 | +€13,871 | +691.1% |
| Suppliers | 440/4 | €2,007 | €15,878 | +€13,871 | +691.1% |
| Taxes, remuneration and social security | 45 | €24,885 | €9,319 | -€15,566 | -62.6% |
| Taxes | 450/3 | €24,885 | €9,319 | -€15,566 | -62.6% |
| Other amounts payable | 47/48 | €78,437 | €75,827 | -€2,610 | -3.3% |
| Non-recurring operating income | 76A | - | €967 | +€967 | |
| Goods, raw materials, services and sundry goods | 60/61 | €129,590 | €115,250 | -€14,340 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,512 | €18,404 | +€892 | +5.1% |
| Other operating charges | 640/8 | €692 | €634 | -€58 | -8.3% |
| Non-recurring operating charges | 66A | €7,202 | - | -€7,202 | |
| Gross operating margin | 9900 | €130,092 | €58,499 | -€71,593 | -55.0% |
| Operating profit (loss) | 9901 | €104,687 | €39,461 | -€65,226 | -62.3% |
| Financial income | 75/76B | €661 | €30,770 | +€30,108 | +4554.1% |
| Recurring financial income | 75 | €661 | €30,770 | +€30,108 | +4554.1% |
| Financial charges | 65/66B | €1,597 | €900 | -€697 | -43.6% |
| Recurring financial charges | 65 | €1,597 | €900 | -€697 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | €103,751 | €69,331 | -€34,420 | -33.2% |
| Income taxes | 67/77 | €22,770 | €9,309 | -€13,461 | -59.1% |
| Profit (loss) for the period | 9904 | €80,981 | €60,021 | -€20,960 | -25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €80,981 | €60,021 | -€20,960 | -25.9% |
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 12 October 2026 via checked.be.