ZYX: 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.
ZYX
Largest movements
- Receivables within one year +€129,686
up €129,686 (+14,820%), from €875 to €130,561
of which Other amounts receivable: +€124,830
- Tangible fixed assets -€32,384
down €32,384 (-94.2%), from €34,384 to €2,000
- Stocks and contracts -€24,572
no longer reported in 2025 (was €24,572)
- Cash +€1,631
up €1,631 (+3,322%), from €49 to €1,680
mainly Net result for the year (+€150,995) and Investment in fixed assets (net) (+€32,384)
- Other debts -€82,350
no longer reported in 2025 (was €82,350)
- Reserves +€79,614
up €79,614 (+263%), from €30,247 to €109,861
of which Distributable reserves: +€79,614
- Profit (loss) carried forward +€71,381
no longer reported in 2025 (was -€71,381)
- Tax, wage and social debts +€5,715
new in 2025: €5,715
- Gross operating margin +€172,669
up €172,669, from -€1,869 to €170,800
- Taxes +€18,715
new in 2025: €18,715
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 | €59,880 | €134,241 | +€74,361 | +124% |
| Fixed assets | 21/28 | €34,384 | €2,000 | -€32,384 | -94.2% |
| Tangible fixed assets | 22/27 | €34,384 | €2,000 | -€32,384 | -94.2% |
| Land and buildings | 22 | €34,384 | €2,000 | -€32,384 | -94.2% |
| Current assets | 29/58 | €25,496 | €132,241 | +€106,745 | +419% |
| Stocks and contracts in progress | 3 | €24,572 | - | -€24,572 | |
| Stocks | 30/36 | €24,572 | - | -€24,572 | |
| Amounts receivable within one year | 40/41 | €875 | €130,561 | +€129,686 | +14,820% |
| Trade receivables | 40 | - | €4,856 | +€4,856 | |
| Other amounts receivable | 41 | €875 | €125,705 | +€124,830 | +14,265% |
| Cash at bank and in hand | 54/58 | €49 | €1,680 | +€1,631 | +3,322% |
| Total equity and liabilities | 10/49 | €59,880 | €134,241 | +€74,361 | +124% |
| Equity | 10/15 | -€22,533 | €128,461 | +€150,995 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,247 | €109,861 | +€79,614 | +263% |
| 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 | €28,387 | €108,001 | +€79,614 | +280% |
| Profit (loss) carried forward | 14 | -€71,381 | - | +€71,381 | |
| Amounts payable | 17/49 | €82,413 | €5,779 | -€76,634 | -93.0% |
| Amounts payable within one year | 42/48 | €82,413 | €5,779 | -€76,634 | -93.0% |
| Financial debts | 43 | €64 | €64 | = | 0.0% |
| Credit institutions | 430/8 | €64 | €64 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €5,715 | +€5,715 | |
| Taxes | 450/3 | - | €5,715 | +€5,715 | |
| Other amounts payable | 47/48 | €82,350 | - | -€82,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €994 | - | -€994 | |
| Other operating charges | 640/8 | €636 | €1,031 | +€395 | +62.2% |
| Gross operating margin | 9900 | -€1,869 | €170,800 | +€172,669 | |
| Operating profit (loss) | 9901 | -€3,499 | €169,769 | +€173,268 | |
| Financial income | 75/76B | - | €46 | +€46 | |
| Recurring financial income | 75 | - | €46 | +€46 | |
| Financial charges | 65/66B | €27 | €105 | +€77 | +283% |
| Recurring financial charges | 65 | €27 | €105 | +€77 | +283% |
| Profit (loss) for the period before taxes | 9903 | -€3,526 | €169,710 | +€173,236 | |
| Income taxes | 67/77 | - | €18,715 | +€18,715 | |
| Profit (loss) for the period | 9904 | -€3,526 | €150,995 | +€154,521 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,526 | €150,995 | +€154,521 |
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 19 October 2026 via checked.be.