ZWINGELEERS: 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.
ZWINGELEERS
Largest movements
- Cash -€110,589
down €110,589 (-87.4%), from €126,515 to €15,926
mainly Contributions, distributions and other (-€109,474) and Net result for the year (-€1,116)
- Reserves -€109,474
down €109,474 (-90.1%), from €121,446 to €11,972
- Gross operating margin -€123
down €123 (-31.0%), from -€397 to -€519
- Other operating charges +€14
up €14 (+2.5%), from €556 to €570
- Financial income +€12
new in 2025: €12
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 | €415,015 | €304,426 | -€110,589 | -26.6% |
| Fixed assets | 21/28 | €288,500 | €288,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €288,500 | €288,500 | = | 0.0% |
| Land and buildings | 22 | €288,500 | €288,500 | = | 0.0% |
| Current assets | 29/58 | €126,515 | €15,926 | -€110,589 | -87.4% |
| Cash at bank and in hand | 54/58 | €126,515 | €15,926 | -€110,589 | -87.4% |
| Total equity and liabilities | 10/49 | €415,015 | €304,426 | -€110,589 | -26.6% |
| Equity | 10/15 | €414,760 | €304,170 | -€110,590 | -26.7% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €121,446 | €11,972 | -€109,474 | -90.1% |
| Distributable reserves | 133 | €121,446 | €11,972 | -€109,474 | -90.1% |
| Profit (loss) carried forward | 14 | -€6,686 | -€7,802 | -€1,116 | -16.7% |
| Amounts payable | 17/49 | €255 | €256 | +€0 | +0.1% |
| Amounts payable within one year | 42/48 | €255 | €256 | +€0 | +0.1% |
| Other amounts payable | 47/48 | €255 | €256 | +€0 | +0.1% |
| Other operating charges | 640/8 | €556 | €570 | +€14 | +2.5% |
| Gross operating margin | 9900 | -€397 | -€519 | -€123 | -31.0% |
| Operating profit (loss) | 9901 | -€952 | -€1,089 | -€137 | -14.4% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €36 | €39 | +€3 | +8.3% |
| Recurring financial charges | 65 | €36 | €39 | +€3 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | -€988 | -€1,116 | -€128 | -12.9% |
| Profit (loss) for the period | 9904 | -€988 | -€1,116 | -€128 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€988 | -€1,116 | -€128 | -12.9% |
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 29 October 2026 via checked.be.