ZYYMER MANAGEMENT: 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.
ZYYMER MANAGEMENT
Largest movements
- Receivables within one year +€190,982
up €190,982 (+176%), from €108,550 to €299,532
of which Trade receivables: +€115,350
- Cash -€159,885
down €159,885 (-93.0%), from €171,984 to €12,099
mainly Receivables within one year (-€190,982) and Deferred charges and accrued income (-€60,909)
- Deferred charges and accrued income +€60,909
up €60,909 (+121%), from €50,135 to €111,045
- Tangible fixed assets -€10,852
down €10,852 (-26.0%), from €41,687 to €30,835
- Reserves +€118,929
up €118,929 (+56.2%), from €211,647 to €330,576
- Other debts -€36,980
down €36,980 (-61.1%), from €60,519 to €23,539
- Debts after one year -€9,883
down €9,883 (-32.9%), from €30,012 to €20,129
- Tax, wage and social debts +€8,280
up €8,280 (+14.9%), from €55,403 to €63,683
of which Taxes: +€5,483
- Gross operating margin +€33,156
up €33,156 (+22.3%), from €148,927 to €182,083
- Depreciation +€9,132
up €9,132 (+531%), from €1,720 to €10,852
- Taxes +€7,362
up €7,362 (+17.4%), from €42,217 to €49,580
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 | €372,357 | €453,511 | +€81,154 | +21.8% |
| Fixed assets | 21/28 | €41,687 | €30,835 | -€10,852 | -26.0% |
| Tangible fixed assets | 22/27 | €41,687 | €30,835 | -€10,852 | -26.0% |
| Furniture and vehicles | 24 | €41,687 | €30,835 | -€10,852 | -26.0% |
| Current assets | 29/58 | €330,670 | €422,676 | +€92,006 | +27.8% |
| Amounts receivable within one year | 40/41 | €108,550 | €299,532 | +€190,982 | +176% |
| Trade receivables | 40 | €108,550 | €223,900 | +€115,350 | +106% |
| Other amounts receivable | 41 | - | €75,632 | +€75,632 | |
| Cash at bank and in hand | 54/58 | €171,984 | €12,099 | -€159,885 | -93.0% |
| Deferred charges and accrued income | 490/1 | €50,135 | €111,045 | +€60,909 | +121% |
| Total equity and liabilities | 10/49 | €372,357 | €453,511 | +€81,154 | +21.8% |
| Equity | 10/15 | €215,647 | €334,576 | +€118,929 | +55.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €211,647 | €330,576 | +€118,929 | +56.2% |
| Distributable reserves | 133 | €211,647 | €330,576 | +€118,929 | +56.2% |
| Amounts payable | 17/49 | €156,710 | €118,935 | -€37,775 | -24.1% |
| Amounts payable after more than one year | 17 | €30,012 | €20,129 | -€9,883 | -32.9% |
| Financial debts | 170/4 | €30,012 | €20,129 | -€9,883 | -32.9% |
| Amounts payable within one year | 42/48 | €126,698 | €98,789 | -€27,909 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €9,482 | €9,883 | +€402 | +4.2% |
| Trade debts | 44 | €1,295 | €1,684 | +€389 | +30.1% |
| Suppliers | 440/4 | €1,295 | €1,684 | +€389 | +30.1% |
| Taxes, remuneration and social security | 45 | €55,403 | €63,683 | +€8,280 | +14.9% |
| Taxes | 450/3 | €55,403 | €60,886 | +€5,483 | +9.9% |
| Remuneration and social security | 454/9 | - | €2,797 | +€2,797 | |
| Other amounts payable | 47/48 | €60,519 | €23,539 | -€36,980 | -61.1% |
| Accrued charges and deferred income | 492/3 | - | €17 | +€17 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,720 | €10,852 | +€9,132 | +531% |
| Other operating charges | 640/8 | €414 | €916 | +€502 | +121% |
| Gross operating margin | 9900 | €148,927 | €182,083 | +€33,156 | +22.3% |
| Operating profit (loss) | 9901 | €146,792 | €170,315 | +€23,522 | +16.0% |
| Financial charges | 65/66B | €1,217 | €1,806 | +€589 | +48.4% |
| Recurring financial charges | 65 | €1,217 | €1,806 | +€589 | +48.4% |
| Profit (loss) for the period before taxes | 9903 | €145,576 | €168,509 | +€22,933 | +15.8% |
| Income taxes | 67/77 | €42,217 | €49,580 | +€7,362 | +17.4% |
| Profit (loss) for the period | 9904 | €103,358 | €118,929 | +€15,571 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €103,358 | €118,929 | +€15,571 | +15.1% |
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 31 October 2026 via checked.be.