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
- Cash +€78,354
up €78,354 (+28.9%), from €271,404 to €349,758
mainly Net result for the year (+€109,291) and Receivables within one year (+€36,235)
- Receivables within one year -€36,235
down €36,235 (-41.6%), from €87,198 to €50,963
of which Other amounts receivable: -€46,459
- Tangible fixed assets -€8,457
down €8,457 (-2.7%), from €309,472 to €301,015
of which Land and buildings: -€6,969
- Reserves +€109,291
up €109,291 (+20.1%), from €544,348 to €653,638
of which Distributable reserves: +€109,291
- Other debts -€64,300
no longer reported in 2025 (was €64,300)
- Trade debts -€14,563
down €14,563 (-59.9%), from €24,309 to €9,746
- Gross operating margin +€10,171
up €10,171 (+6.4%), from €158,194 to €168,366
- Taxes +€3,627
up €3,627 (+8.6%), from €42,279 to €45,906
- Depreciation +€2,417
up €2,417 (+22.5%), from €10,761 to €13,177
- Financial charges -€2,360
down €2,360 (-97.6%), from €2,417 to €57
of which Non-recurring financial charges: -€2,250
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 | €669,828 | €704,628 | +€34,801 | +5.2% |
| Fixed assets | 21/28 | €309,472 | €301,015 | -€8,457 | -2.7% |
| Tangible fixed assets | 22/27 | €309,472 | €301,015 | -€8,457 | -2.7% |
| Land and buildings | 22 | €307,149 | €300,180 | -€6,969 | -2.3% |
| Furniture and vehicles | 24 | €2,323 | €835 | -€1,488 | -64.1% |
| Current assets | 29/58 | €360,356 | €403,614 | +€43,258 | +12.0% |
| Amounts receivable within one year | 40/41 | €87,198 | €50,963 | -€36,235 | -41.6% |
| Trade receivables | 40 | €23,124 | €33,348 | +€10,225 | +44.2% |
| Other amounts receivable | 41 | €64,074 | €17,614 | -€46,459 | -72.5% |
| Cash at bank and in hand | 54/58 | €271,404 | €349,758 | +€78,354 | +28.9% |
| Deferred charges and accrued income | 490/1 | €1,754 | €2,892 | +€1,138 | +64.9% |
| Total equity and liabilities | 10/49 | €669,828 | €704,628 | +€34,801 | +5.2% |
| Equity | 10/15 | €564,521 | €673,811 | +€109,291 | +19.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €544,348 | €653,638 | +€109,291 | +20.1% |
| Tax-exempt reserves | 132 | €5,686 | €5,686 | = | 0.0% |
| Distributable reserves | 133 | €538,662 | €647,953 | +€109,291 | +20.3% |
| Profit (loss) carried forward | 14 | €1,573 | €1,573 | = | 0.0% |
| Amounts payable | 17/49 | €105,307 | €30,817 | -€74,490 | -70.7% |
| Amounts payable within one year | 42/48 | €105,307 | €30,817 | -€74,490 | -70.7% |
| Trade debts | 44 | €24,309 | €9,746 | -€14,563 | -59.9% |
| Suppliers | 440/4 | €24,309 | €9,746 | -€14,563 | -59.9% |
| Taxes, remuneration and social security | 45 | €16,698 | €21,071 | +€4,373 | +26.2% |
| Taxes | 450/3 | €12,938 | €18,671 | +€5,733 | +44.3% |
| Remuneration and social security | 454/9 | €3,760 | €2,400 | -€1,360 | -36.2% |
| Other amounts payable | 47/48 | €64,300 | - | -€64,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,761 | €13,177 | +€2,417 | +22.5% |
| Other operating charges | 640/8 | €1,022 | €988 | -€33 | -3.2% |
| Gross operating margin | 9900 | €158,194 | €168,366 | +€10,171 | +6.4% |
| Operating profit (loss) | 9901 | €146,412 | €154,200 | +€7,788 | +5.3% |
| Financial income | 75/76B | €323 | €1,054 | +€732 | +226.8% |
| Recurring financial income | 75 | €323 | €1,054 | +€732 | +226.8% |
| Financial charges | 65/66B | €2,417 | €57 | -€2,360 | -97.6% |
| Recurring financial charges | 65 | €167 | €57 | -€110 | -65.6% |
| Non-recurring financial charges | 66B | €2,250 | - | -€2,250 | |
| Profit (loss) for the period before taxes | 9903 | €144,318 | €155,197 | +€10,879 | +7.5% |
| Income taxes | 67/77 | €42,279 | €45,906 | +€3,627 | +8.6% |
| Profit (loss) for the period | 9904 | €102,039 | €109,291 | +€7,252 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €102,039 | €109,291 | +€7,252 | +7.1% |
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 11 October 2026 via checked.be.