Zweveco: 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.
Zweveco
Largest movements
- Stocks and contracts -€384,872
down €384,872 (-100%), from €384,872 to €0
- Receivables within one year +€178,091
up €178,091 (+41.0%), from €434,856 to €612,947
of which Other amounts receivable: +€224,932
- Tangible fixed assets -€108,531
down €108,531 (-100%), from €108,531 to €0
of which Plant, machinery and equipment: -€71,827
- Cash +€46,389
up €46,389 (+158%), from €29,370 to €75,759
mainly Stocks and contracts (+€384,872) and Investment in fixed assets (net) (+€127,207)
- Intangible fixed assets -€18,676
down €18,676 (-100%), from €18,676 to €0
- Trade debts -€306,824
down €306,824 (-88.8%), from €345,663 to €38,839
- Profit (loss) carried forward +€110,402
up €110,402 (+23.9%), from -€462,215 to -€351,814
- Tax, wage and social debts -€63,503
down €63,503 (-100%), from €63,503 to €0
of which Remuneration and social security: -€59,918
- Current portion of long-term debt -€25,567
down €25,567 (-100%), from €25,567 to €0
- Short-term financial debts -€21,335
down €21,335 (-79.2%), from €26,928 to €5,593
- Staff costs -€117,891
down €117,891 (-38.0%), from €309,847 to €191,955
- Depreciation -€113,552
down €113,552 (-100%), from €113,552 to €0
- Gross operating margin +€62,864
up €62,864 (+23.9%), from €262,553 to €325,418
- Financial income -€4,401
down €4,401 (-42.0%), from €10,472 to €6,072
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 | €978,890 | €688,707 | -€290,183 | -29.6% |
| Fixed assets | 21/28 | €127,207 | €0 | -€127,207 | -100% |
| Intangible fixed assets | 21 | €18,676 | €0 | -€18,676 | -100% |
| Tangible fixed assets | 22/27 | €108,531 | €0 | -€108,531 | -100% |
| Plant, machinery and equipment | 23 | €71,827 | €0 | -€71,827 | -100% |
| Furniture and vehicles | 24 | €6,103 | €0 | -€6,103 | -100% |
| Other tangible fixed assets | 26 | €30,601 | €0 | -€30,601 | -100% |
| Current assets | 29/58 | €851,683 | €688,707 | -€162,977 | -19.1% |
| Stocks and contracts in progress | 3 | €384,872 | €0 | -€384,872 | -100% |
| Stocks | 30/36 | €384,872 | €0 | -€384,872 | -100% |
| Amounts receivable within one year | 40/41 | €434,856 | €612,947 | +€178,091 | +41.0% |
| Trade receivables | 40 | €87,420 | €40,580 | -€46,840 | -53.6% |
| Other amounts receivable | 41 | €347,436 | €572,368 | +€224,932 | +64.7% |
| Cash at bank and in hand | 54/58 | €29,370 | €75,759 | +€46,389 | +158% |
| Deferred charges and accrued income | 490/1 | €2,585 | €0 | -€2,585 | -100% |
| Total equity and liabilities | 10/49 | €978,890 | €688,707 | -€290,183 | -29.6% |
| Equity | 10/15 | -€362,215 | -€251,814 | +€110,402 | +30.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€462,215 | -€351,814 | +€110,402 | +23.9% |
| Amounts payable | 17/49 | €1,341,105 | €940,520 | -€400,585 | -29.9% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,290,605 | €890,020 | -€400,585 | -31.0% |
| Current portion of amounts payable after more than one year | 42 | €25,567 | €0 | -€25,567 | -100% |
| Financial debts | 43 | €26,928 | €5,593 | -€21,335 | -79.2% |
| Credit institutions | 430/8 | €26,928 | €5,593 | -€21,335 | -79.2% |
| Trade debts | 44 | €345,663 | €38,839 | -€306,824 | -88.8% |
| Suppliers | 440/4 | €345,663 | €38,839 | -€306,824 | -88.8% |
| Taxes, remuneration and social security | 45 | €63,503 | €0 | -€63,503 | -100% |
| Taxes | 450/3 | €3,585 | €0 | -€3,585 | -100% |
| Remuneration and social security | 454/9 | €59,918 | €0 | -€59,918 | -100% |
| Other amounts payable | 47/48 | €828,943 | €845,588 | +€16,645 | +2.0% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Non-recurring operating income | 76A | - | €48,240 | +€48,240 | |
| Remuneration, social security and pensions | 62 | €309,847 | €191,955 | -€117,891 | -38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,552 | €0 | -€113,552 | -100% |
| Other operating charges | 640/8 | €12,001 | €9,998 | -€2,003 | -16.7% |
| Gross operating margin | 9900 | €262,553 | €325,418 | +€62,864 | +23.9% |
| Operating profit (loss) | 9901 | -€172,847 | €123,464 | +€296,311 | |
| Financial income | 75/76B | €10,472 | €6,072 | -€4,401 | -42.0% |
| Recurring financial income | 75 | €10,472 | €6,072 | -€4,401 | -42.0% |
| Financial charges | 65/66B | €17,270 | €18,660 | +€1,390 | +8.0% |
| Recurring financial charges | 65 | €17,270 | €18,660 | +€1,390 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | -€179,645 | €110,876 | +€290,521 | |
| Income taxes | 67/77 | €366 | €474 | +€108 | +29.5% |
| Profit (loss) for the period | 9904 | -€180,011 | €110,402 | +€290,413 | |
| Profit (loss) for the period to be appropriated | 9905 | -€180,011 | €110,402 | +€290,413 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.