ZzenN: 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.
ZzenN
Largest movements
- Cash -€11,825
down €11,825 (-91.0%), from €12,997 to €1,172
mainly Net result for the year (-€11,808) and Receivables within one year (-€1,238)
- Tangible fixed assets -€2,293
down €2,293 (-34.7%), from €6,601 to €4,308
of which Furniture and vehicles: -€2,293
- Receivables within one year +€1,238
up €1,238 (+80.2%), from €1,544 to €2,782
of which Trade receivables: +€2,192
- Profit (loss) carried forward -€11,808
down €11,808 (-47.7%), from -€24,772 to -€36,580
- Trade debts -€1,236
down €1,236 (-75.3%), from €1,642 to €405
- Gross operating margin +€4,826
up €4,826 (+37.6%), from -€12,831 to -€8,005
- Taxes +€709
up €709 (+431%), from €164 to €873
- Other operating charges -€345
down €345 (-47.1%), from €732 to €387
- Depreciation +€142
up €142 (+6.6%), from €2,151 to €2,293
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,050 | €9,980 | -€13,069 | -56.7% |
| Fixed assets | 21/28 | €6,601 | €4,308 | -€2,293 | -34.7% |
| Tangible fixed assets | 22/27 | €6,601 | €4,308 | -€2,293 | -34.7% |
| Furniture and vehicles | 24 | €3,258 | €965 | -€2,293 | -70.4% |
| Assets under construction and advance payments | 27 | €3,343 | €3,343 | = | 0.0% |
| Current assets | 29/58 | €16,449 | €5,672 | -€10,777 | -65.5% |
| Stocks and contracts in progress | 3 | €1,368 | €1,368 | = | 0.0% |
| Stocks | 30/36 | €1,368 | €1,368 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,544 | €2,782 | +€1,238 | +80.2% |
| Trade receivables | 40 | €177 | €2,369 | +€2,192 | +1,238% |
| Other amounts receivable | 41 | €1,367 | €413 | -€954 | -69.8% |
| Cash at bank and in hand | 54/58 | €12,997 | €1,172 | -€11,825 | -91.0% |
| Deferred charges and accrued income | 490/1 | €541 | €351 | -€190 | -35.1% |
| Total equity and liabilities | 10/49 | €23,050 | €9,980 | -€13,069 | -56.7% |
| Equity | 10/15 | €21,228 | €9,420 | -€11,808 | -55.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €26,000 | €26,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,772 | -€36,580 | -€11,808 | -47.7% |
| Amounts payable | 17/49 | €1,822 | €560 | -€1,261 | -69.2% |
| Amounts payable within one year | 42/48 | €1,822 | €560 | -€1,261 | -69.2% |
| Trade debts | 44 | €1,642 | €405 | -€1,236 | -75.3% |
| Suppliers | 440/4 | €1,642 | €405 | -€1,236 | -75.3% |
| Taxes, remuneration and social security | 45 | €180 | €155 | -€25 | -13.8% |
| Taxes | 450/3 | €180 | €155 | -€25 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,151 | €2,293 | +€142 | +6.6% |
| Other operating charges | 640/8 | €732 | €387 | -€345 | -47.1% |
| Gross operating margin | 9900 | -€12,831 | -€8,005 | +€4,826 | +37.6% |
| Operating profit (loss) | 9901 | -€15,714 | -€10,684 | +€5,029 | +32.0% |
| Financial income | 75/76B | €4 | €26 | +€23 | +649% |
| Recurring financial income | 75 | €4 | €26 | +€23 | +649% |
| Financial charges | 65/66B | €156 | €276 | +€120 | +77.1% |
| Recurring financial charges | 65 | €156 | €276 | +€120 | +77.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,866 | -€10,934 | +€4,932 | +31.1% |
| Income taxes | 67/77 | €164 | €873 | +€709 | +431% |
| Profit (loss) for the period | 9904 | -€16,030 | -€11,808 | +€4,223 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,030 | -€11,808 | +€4,223 | +26.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.