ZALIG: 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.
ZALIG
Largest movements
- Stocks and contracts -€42,516
no longer reported in 2025 (was €42,516)
- Receivables within one year +€10,275
up €10,275 (+55.3%), from €18,576 to €28,851
- Cash -€4,835
down €4,835 (-5.7%), from €84,257 to €79,422
mainly Net result for the year (-€35,979) and Receivables within one year (-€10,275)
- Profit (loss) carried forward -€35,979
down €35,979 (-323%), from -€11,143 to -€47,122
- Trade debts -€2,893
down €2,893 (-38.6%), from €7,487 to €4,594
- Gross operating margin -€34,941
down €34,941 (-1,370%), from -€2,551 to -€37,492
- Financial income +€2,803
up €2,803 (+896%), from €313 to €3,116
- Other operating charges -€578
down €578 (-28.4%), from €2,038 to €1,460
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 | €146,344 | €108,273 | -€38,071 | -26.0% |
| Fixed assets | 21/28 | €995 | - | -€995 | |
| Tangible fixed assets | 22/27 | €995 | - | -€995 | |
| Furniture and vehicles | 24 | €995 | - | -€995 | |
| Current assets | 29/58 | €145,349 | €108,273 | -€37,076 | -25.5% |
| Stocks and contracts in progress | 3 | €42,516 | - | -€42,516 | |
| Stocks | 30/36 | €42,516 | - | -€42,516 | |
| Amounts receivable within one year | 40/41 | €18,576 | €28,851 | +€10,275 | +55.3% |
| Other amounts receivable | 41 | €18,576 | €28,851 | +€10,275 | +55.3% |
| Cash at bank and in hand | 54/58 | €84,257 | €79,422 | -€4,835 | -5.7% |
| Total equity and liabilities | 10/49 | €146,344 | €108,273 | -€38,071 | -26.0% |
| Equity | 10/15 | €138,857 | €102,878 | -€35,979 | -25.9% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,143 | -€47,122 | -€35,979 | -323% |
| Amounts payable | 17/49 | €7,487 | €5,395 | -€2,092 | -27.9% |
| Amounts payable within one year | 42/48 | €7,487 | €5,395 | -€2,092 | -27.9% |
| Trade debts | 44 | €7,487 | €4,594 | -€2,893 | -38.6% |
| Suppliers | 440/4 | €7,487 | €4,594 | -€2,893 | -38.6% |
| Taxes, remuneration and social security | 45 | - | €801 | +€801 | |
| Taxes | 450/3 | - | €801 | +€801 | |
| Remuneration, social security and pensions | 62 | €186 | - | -€186 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €364 | - | -€364 | |
| Other operating charges | 640/8 | €2,038 | €1,460 | -€578 | -28.4% |
| Gross operating margin | 9900 | -€2,551 | -€37,492 | -€34,941 | -1,370% |
| Operating profit (loss) | 9901 | -€5,139 | -€38,952 | -€33,813 | -658% |
| Financial income | 75/76B | €313 | €3,116 | +€2,803 | +896% |
| Recurring financial income | 75 | €313 | €3,116 | +€2,803 | +896% |
| Financial charges | 65/66B | €512 | €143 | -€369 | -72.1% |
| Recurring financial charges | 65 | €512 | €143 | -€369 | -72.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,338 | -€35,979 | -€30,641 | -574% |
| Profit (loss) for the period | 9904 | -€5,338 | -€35,979 | -€30,641 | -574% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,338 | -€35,979 | -€30,641 | -574% |
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 17 October 2026 via checked.be.