Zystm: what changed
Two fiscal 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.
Zystm
Largest movements
- Cash -€324,097
down €324,097 (-71.1%), from €456,132 to €132,035
mainly Other debts (-€489,371) and Receivables within one year (-€282,119)
- Receivables within one year +€282,119
up €282,119 (+64.1%), from €439,902 to €722,021
of which Trade receivables: +€304,088
- Stocks and contracts +€120,454
up €120,454 (+31.5%), from €382,700 to €503,154
- Tangible fixed assets +€45,015
up €45,015 (+63.5%), from €70,927 to €115,941
of which Plant, machinery and equipment: +€58,646
- Other debts -€489,371
down €489,371 (-96.6%), from €506,514 to €17,142
- Debts after one year +€475,000
new in 2025: €475,000
- Profit (loss) carried forward +€180,687
up €180,687 (+30.9%), from €584,252 to €764,939
- Short-term financial debts -€27,089
down €27,089 (-100.0%), from €27,089 to €0
- Trade debts -€21,743
down €21,743 (-14.8%), from €147,104 to €125,361
- Gross operating margin +€139,324
up €139,324 (+29.9%), from €465,430 to €604,753
- Staff costs +€68,888
up €68,888 (+28.2%), from €244,174 to €313,061
- Write-downs -€22,895
down €22,895, from €15,358 to -€7,536
- Taxes +€19,817
up €19,817 (+42.2%), from €46,976 to €66,793
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 | €1,404,429 | €1,522,326 | +€117,897 | +8.4% |
| Fixed assets | 21/28 | €111,075 | €152,489 | +€41,415 | +37.3% |
| Intangible fixed assets | 21 | €6,731 | €3,131 | -€3,600 | -53.5% |
| Tangible fixed assets | 22/27 | €70,927 | €115,941 | +€45,015 | +63.5% |
| Plant, machinery and equipment | 23 | €11,319 | €69,965 | +€58,646 | +518.1% |
| Furniture and vehicles | 24 | €59,608 | €45,976 | -€13,632 | -22.9% |
| Financial fixed assets | 28 | €33,417 | €33,417 | = | 0.0% |
| Current assets | 29/58 | €1,293,355 | €1,369,837 | +€76,483 | +5.9% |
| Stocks and contracts in progress | 3 | €382,700 | €503,154 | +€120,454 | +31.5% |
| Stocks | 30/36 | €382,700 | €503,154 | +€120,454 | +31.5% |
| Amounts receivable within one year | 40/41 | €439,902 | €722,021 | +€282,119 | +64.1% |
| Trade receivables | 40 | €398,927 | €703,015 | +€304,088 | +76.2% |
| Other amounts receivable | 41 | €40,975 | €19,006 | -€21,969 | -53.6% |
| Cash at bank and in hand | 54/58 | €456,132 | €132,035 | -€324,097 | -71.1% |
| Deferred charges and accrued income | 490/1 | €14,622 | €12,628 | -€1,994 | -13.6% |
| Total equity and liabilities | 10/49 | €1,404,429 | €1,522,326 | +€117,897 | +8.4% |
| Equity | 10/15 | €684,252 | €864,939 | +€180,687 | +26.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €584,252 | €764,939 | +€180,687 | +30.9% |
| Amounts payable | 17/49 | €720,177 | €657,387 | -€62,790 | -8.7% |
| Amounts payable after more than one year | 17 | - | €475,000 | +€475,000 | |
| Financial debts | 170/4 | - | €475,000 | +€475,000 | |
| Amounts payable within one year | 42/48 | €720,177 | €177,467 | -€542,711 | -75.4% |
| Financial debts | 43 | €27,089 | €0 | -€27,089 | -100.0% |
| Credit institutions | 430/8 | €27,089 | €0 | -€27,089 | -100.0% |
| Trade debts | 44 | €147,104 | €125,361 | -€21,743 | -14.8% |
| Suppliers | 440/4 | €147,104 | €125,361 | -€21,743 | -14.8% |
| Taxes, remuneration and social security | 45 | €39,471 | €34,964 | -€4,507 | -11.4% |
| Taxes | 450/3 | €9,368 | €4,160 | -€5,208 | -55.6% |
| Remuneration and social security | 454/9 | €30,103 | €30,804 | +€701 | +2.3% |
| Other amounts payable | 47/48 | €506,514 | €17,142 | -€489,371 | -96.6% |
| Accrued charges and deferred income | 492/3 | - | €4,921 | +€4,921 | |
| Non-recurring operating income | 76A | - | €9,686 | +€9,686 | |
| Remuneration, social security and pensions | 62 | €244,174 | €313,061 | +€68,888 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,170 | €28,053 | +€883 | +3.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,358 | -€7,536 | -€22,895 | |
| Other operating charges | 640/8 | €8,061 | €13,524 | +€5,463 | +67.8% |
| Gross operating margin | 9900 | €465,430 | €604,753 | +€139,324 | +29.9% |
| Operating profit (loss) | 9901 | €170,667 | €257,651 | +€86,984 | +51.0% |
| Financial income | 75/76B | €619 | €6,222 | +€5,603 | +905.1% |
| Recurring financial income | 75 | €619 | €6,222 | +€5,603 | +905.1% |
| Financial charges | 65/66B | €14,440 | €16,393 | +€1,953 | +13.5% |
| Recurring financial charges | 65 | €14,440 | €16,393 | +€1,953 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €156,846 | €247,480 | +€90,634 | +57.8% |
| Income taxes | 67/77 | €46,976 | €66,793 | +€19,817 | +42.2% |
| Profit (loss) for the period | 9904 | €109,870 | €180,687 | +€70,817 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €109,870 | €180,687 | +€70,817 | +64.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.