ZYTHOLOGIST: 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.
ZYTHOLOGIST
Largest movements
- Receivables within one year -€6,634
down €6,634 (-39.4%), from €16,848 to €10,214
of which Trade receivables: -€6,367
- Cash +€3,505
up €3,505 (+45.8%), from €7,657 to €11,162
mainly Receivables within one year (+€6,634) and Depreciation (+€5,131)
- Tangible fixed assets -€3,225
down €3,225 (-18.0%), from €17,942 to €14,717
of which Furniture and vehicles: -€2,501
- Stocks and contracts -€3,009
down €3,009 (-13.8%), from €21,771 to €18,762
- Profit (loss) carried forward -€5,831
down €5,831 (-15.6%), from €37,282 to €31,451
- Debts after one year -€2,914
down €2,914 (-26.7%), from €10,909 to €7,995
- Trade debts -€770
down €770 (-67.9%), from €1,134 to €364
- Gross operating margin +€2,829
up €2,829 (+129%), from €2,196 to €5,026
- Depreciation +€1,652
up €1,652 (+47.5%), from €3,479 to €5,131
- Other operating charges +€839
up €839 (+20.7%), from €4,052 to €4,891
- Financial charges -€125
down €125 (-12.9%), from €968 to €843
- Write-downs -€58
no longer reported in 2025 (was €58)
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 | €65,578 | €56,095 | -€9,483 | -14.5% |
| Formation expenses | 20 | €168 | - | -€168 | |
| Fixed assets | 21/28 | €18,442 | €15,217 | -€3,225 | -17.5% |
| Tangible fixed assets | 22/27 | €17,942 | €14,717 | -€3,225 | -18.0% |
| Plant, machinery and equipment | 23 | €724 | - | -€724 | |
| Furniture and vehicles | 24 | €17,218 | €14,717 | -€2,501 | -14.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €46,968 | €40,878 | -€6,090 | -13.0% |
| Stocks and contracts in progress | 3 | €21,771 | €18,762 | -€3,009 | -13.8% |
| Stocks | 30/36 | €21,771 | €18,762 | -€3,009 | -13.8% |
| Amounts receivable within one year | 40/41 | €16,848 | €10,214 | -€6,634 | -39.4% |
| Trade receivables | 40 | €16,581 | €10,214 | -€6,367 | -38.4% |
| Other amounts receivable | 41 | €267 | - | -€267 | |
| Cash at bank and in hand | 54/58 | €7,657 | €11,162 | +€3,505 | +45.8% |
| Deferred charges and accrued income | 490/1 | €692 | €740 | +€48 | +6.9% |
| Total equity and liabilities | 10/49 | €65,578 | €56,095 | -€9,483 | -14.5% |
| Equity | 10/15 | €49,282 | €43,451 | -€5,831 | -11.8% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,282 | €31,451 | -€5,831 | -15.6% |
| Amounts payable | 17/49 | €16,296 | €12,644 | -€3,652 | -22.4% |
| Amounts payable after more than one year | 17 | €10,909 | €7,995 | -€2,914 | -26.7% |
| Financial debts | 170/4 | €10,909 | €7,995 | -€2,914 | -26.7% |
| Amounts payable within one year | 42/48 | €5,352 | €4,621 | -€731 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €2,764 | €2,914 | +€150 | +5.4% |
| Trade debts | 44 | €1,134 | €364 | -€770 | -67.9% |
| Suppliers | 440/4 | €1,134 | €364 | -€770 | -67.9% |
| Taxes, remuneration and social security | 45 | €1,234 | €1,124 | -€111 | -9.0% |
| Taxes | 450/3 | €1,234 | €1,124 | -€111 | -9.0% |
| Other amounts payable | 47/48 | €221 | €221 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €35 | €28 | -€7 | -20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,479 | €5,131 | +€1,652 | +47.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €58 | - | -€58 | |
| Other operating charges | 640/8 | €4,052 | €4,891 | +€839 | +20.7% |
| Gross operating margin | 9900 | €2,196 | €5,026 | +€2,829 | +129% |
| Operating profit (loss) | 9901 | -€5,393 | -€4,996 | +€397 | +7.4% |
| Financial income | 75/76B | €38 | €8 | -€30 | -79.1% |
| Recurring financial income | 75 | €38 | €8 | -€30 | -79.1% |
| Financial charges | 65/66B | €968 | €843 | -€125 | -12.9% |
| Recurring financial charges | 65 | €968 | €843 | -€125 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,323 | -€5,831 | +€492 | +7.8% |
| Profit (loss) for the period | 9904 | -€6,323 | -€5,831 | +€492 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,323 | -€5,831 | +€492 | +7.8% |
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 24 October 2026 via checked.be.