ZYTHUM: 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.
ZYTHUM
Largest movements
- Tangible fixed assets +€270,439
up €270,439 (+1003.0%), from €26,962 to €297,402
of which Land and buildings: +€290,466
- Cash +€72,921
up €72,921 (+40.9%), from €178,166 to €251,086
mainly Debts after one year (+€272,720) and Net result for the year (+€48,010)
- Receivables within one year -€7,251
down €7,251 (-15.7%), from €46,193 to €38,942
of which Trade receivables: -€14,552
- Debts after one year +€272,720
up €272,720 (+7756.7%), from €3,516 to €276,236
- Reserves +€38,553
up €38,553 (+19.8%), from €195,027 to €233,580
of which Distributable reserves: +€38,553
- Trade debts +€35,399
up €35,399 (+603.3%), from €5,867 to €41,266
- Tax, wage and social debts -€14,894
down €14,894 (-35.2%), from €42,265 to €27,371
of which Taxes: -€14,257
- Current portion of long-term debt +€10,435
up €10,435 (+125.9%), from €8,290 to €18,724
- Gross operating margin -€19,158
down €19,158 (-8.4%), from €227,910 to €208,752
- Taxes -€11,485
down €11,485 (-35.3%), from €32,550 to €21,065
- Financial charges +€8,183
up €8,183 (+109.7%), from €7,457 to €15,641
- Staff costs +€8,091
up €8,091 (+9.8%), from €82,320 to €90,411
- Depreciation +€7,504
up €7,504 (+29.9%), from €25,099 to €32,603
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 | €279,323 | €612,361 | +€333,038 | +119.2% |
| Fixed assets | 21/28 | €27,037 | €297,477 | +€270,439 | +1000.2% |
| Tangible fixed assets | 22/27 | €26,962 | €297,402 | +€270,439 | +1003.0% |
| Land and buildings | 22 | - | €290,466 | +€290,466 | |
| Plant, machinery and equipment | 23 | €12,783 | €4,351 | -€8,432 | -66.0% |
| Furniture and vehicles | 24 | €1,990 | €2,585 | +€595 | +29.9% |
| Other tangible fixed assets | 26 | €12,189 | - | -€12,189 | |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €252,285 | €314,884 | +€62,599 | +24.8% |
| Stocks and contracts in progress | 3 | €23,458 | €23,431 | -€27 | -0.1% |
| Stocks | 30/36 | €23,458 | €23,431 | -€27 | -0.1% |
| Amounts receivable within one year | 40/41 | €46,193 | €38,942 | -€7,251 | -15.7% |
| Trade receivables | 40 | €44,136 | €29,583 | -€14,552 | -33.0% |
| Other amounts receivable | 41 | €2,057 | €9,358 | +€7,301 | +354.9% |
| Cash at bank and in hand | 54/58 | €178,166 | €251,086 | +€72,921 | +40.9% |
| Deferred charges and accrued income | 490/1 | €4,468 | €1,425 | -€3,043 | -68.1% |
| Total equity and liabilities | 10/49 | €279,323 | €612,361 | +€333,038 | +119.2% |
| Equity | 10/15 | €201,227 | €239,780 | +€38,553 | +19.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €195,027 | €233,580 | +€38,553 | +19.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €193,167 | €231,720 | +€38,553 | +20.0% |
| Amounts payable | 17/49 | €78,095 | €372,581 | +€294,486 | +377.1% |
| Amounts payable after more than one year | 17 | €3,516 | €276,236 | +€272,720 | +7756.7% |
| Financial debts | 170/4 | €3,516 | €276,236 | +€272,720 | +7756.7% |
| Amounts payable within one year | 42/48 | €74,580 | €96,345 | +€21,766 | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €8,290 | €18,724 | +€10,435 | +125.9% |
| Trade debts | 44 | €5,867 | €41,266 | +€35,399 | +603.3% |
| Suppliers | 440/4 | €5,867 | €41,266 | +€35,399 | +603.3% |
| Taxes, remuneration and social security | 45 | €42,265 | €27,371 | -€14,894 | -35.2% |
| Taxes | 450/3 | €31,207 | €16,949 | -€14,257 | -45.7% |
| Remuneration and social security | 454/9 | €11,059 | €10,422 | -€637 | -5.8% |
| Other amounts payable | 47/48 | €18,157 | €8,984 | -€9,173 | -50.5% |
| Remuneration, social security and pensions | 62 | €82,320 | €90,411 | +€8,091 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,099 | €32,603 | +€7,504 | +29.9% |
| Other operating charges | 640/8 | €1,896 | €1,838 | -€58 | -3.0% |
| Gross operating margin | 9900 | €227,910 | €208,752 | -€19,158 | -8.4% |
| Operating profit (loss) | 9901 | €118,595 | €83,900 | -€34,695 | -29.3% |
| Financial income | 75/76B | €461 | €816 | +€355 | +76.9% |
| Recurring financial income | 75 | €461 | €816 | +€355 | +76.9% |
| Financial charges | 65/66B | €7,457 | €15,641 | +€8,183 | +109.7% |
| Recurring financial charges | 65 | €7,457 | €15,641 | +€8,183 | +109.7% |
| Profit (loss) for the period before taxes | 9903 | €111,599 | €69,074 | -€42,524 | -38.1% |
| Income taxes | 67/77 | €32,550 | €21,065 | -€11,485 | -35.3% |
| Profit (loss) for the period | 9904 | €79,049 | €48,010 | -€31,039 | -39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €79,049 | €48,010 | -€31,039 | -39.3% |
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 12 October 2026 via checked.be.