ZYDEA: 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.
ZYDEA
Largest movements
- Cash +€22,649
up €22,649 (+17.6%), from €128,797 to €151,445
mainly Net result for the year (+€29,739) and Depreciation (+€22,861)
- Tangible fixed assets -€17,877
down €17,877 (-36.4%), from €49,077 to €31,200
of which Furniture and vehicles: -€12,088
- Receivables within one year +€8,822
up €8,822 (+90.0%), from €9,806 to €18,629
of which Trade receivables: +€9,120
- Reserves +€29,700
up €29,700 (+29.9%), from €99,400 to €129,100
- Debts after one year -€8,222
down €8,222 (-36.4%), from €22,601 to €14,380
- Other debts -€6,674
down €6,674 (-34.8%), from €19,154 to €12,480
- Current portion of long-term debt -€2,487
down €2,487 (-23.2%), from €10,708 to €8,222
- Trade debts +€2,438
up €2,438 (+93.3%), from €2,612 to €5,050
- Staff costs +€3,488
up €3,488 (+3.7%), from €94,884 to €98,372
- Gross operating margin +€1,899
up €1,899 (+1.1%), from €169,869 to €171,767
- Depreciation +€1,727
up €1,727 (+8.2%), from €21,134 to €22,861
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 | €196,912 | €211,323 | +€14,411 | +7.3% |
| Fixed assets | 21/28 | €49,410 | €31,533 | -€17,877 | -36.2% |
| Tangible fixed assets | 22/27 | €49,077 | €31,200 | -€17,877 | -36.4% |
| Plant, machinery and equipment | 23 | €2,875 | €6,169 | +€3,294 | +115% |
| Furniture and vehicles | 24 | €35,254 | €23,166 | -€12,088 | -34.3% |
| Other tangible fixed assets | 26 | €10,948 | €1,865 | -€9,083 | -83.0% |
| Financial fixed assets | 28 | €333 | €333 | = | 0.0% |
| Current assets | 29/58 | €147,502 | €179,790 | +€32,288 | +21.9% |
| Stocks and contracts in progress | 3 | €6,172 | €5,823 | -€349 | -5.6% |
| Stocks | 30/36 | €6,172 | €5,823 | -€349 | -5.6% |
| Amounts receivable within one year | 40/41 | €9,806 | €18,629 | +€8,822 | +90.0% |
| Trade receivables | 40 | €9,509 | €18,629 | +€9,120 | +95.9% |
| Other amounts receivable | 41 | €298 | €0 | -€298 | -100% |
| Cash at bank and in hand | 54/58 | €128,797 | €151,445 | +€22,649 | +17.6% |
| Deferred charges and accrued income | 490/1 | €2,727 | €3,893 | +€1,166 | +42.8% |
| Total equity and liabilities | 10/49 | €196,912 | €211,323 | +€14,411 | +7.3% |
| Equity | 10/15 | €119,959 | €149,699 | +€29,739 | +24.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €99,400 | €129,100 | +€29,700 | +29.9% |
| Distributable reserves | 133 | €99,400 | €129,100 | +€29,700 | +29.9% |
| Profit (loss) carried forward | 14 | €1,959 | €1,999 | +€39 | +2.0% |
| Amounts payable | 17/49 | €76,952 | €61,624 | -€15,328 | -19.9% |
| Amounts payable after more than one year | 17 | €22,601 | €14,380 | -€8,222 | -36.4% |
| Financial debts | 170/4 | €22,601 | €14,380 | -€8,222 | -36.4% |
| Amounts payable within one year | 42/48 | €52,556 | €46,197 | -€6,359 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €10,708 | €8,222 | -€2,487 | -23.2% |
| Trade debts | 44 | €2,612 | €5,050 | +€2,438 | +93.3% |
| Suppliers | 440/4 | €2,612 | €5,050 | +€2,438 | +93.3% |
| Taxes, remuneration and social security | 45 | €20,082 | €20,446 | +€364 | +1.8% |
| Taxes | 450/3 | €7,073 | €5,664 | -€1,409 | -19.9% |
| Remuneration and social security | 454/9 | €13,009 | €14,782 | +€1,773 | +13.6% |
| Other amounts payable | 47/48 | €19,154 | €12,480 | -€6,674 | -34.8% |
| Accrued charges and deferred income | 492/3 | €1,795 | €1,047 | -€748 | -41.7% |
| Remuneration, social security and pensions | 62 | €94,884 | €98,372 | +€3,488 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,134 | €22,861 | +€1,727 | +8.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €483 | +€483 | |
| Other operating charges | 640/8 | €888 | €780 | -€109 | -12.2% |
| Gross operating margin | 9900 | €169,869 | €171,767 | +€1,899 | +1.1% |
| Operating profit (loss) | 9901 | €52,962 | €49,272 | -€3,691 | -7.0% |
| Financial income | 75/76B | €635 | €850 | +€216 | +34.0% |
| Recurring financial income | 75 | €635 | €850 | +€216 | +34.0% |
| Financial charges | 65/66B | €5,898 | €4,901 | -€996 | -16.9% |
| Recurring financial charges | 65 | €5,898 | €4,901 | -€996 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €47,699 | €45,220 | -€2,479 | -5.2% |
| Income taxes | 67/77 | €16,307 | €15,481 | -€826 | -5.1% |
| Profit (loss) for the period | 9904 | €31,393 | €29,739 | -€1,653 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,393 | €29,739 | -€1,653 | -5.3% |
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.