ZANIMO: what changed
Two fiscal 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.
ZANIMO
Largest movements
- Cash +€283,283
up €283,283 (+25.6%), from €1.1m to €1.4m
mainly Net result for the year (+€512,541) and Depreciation (+€113,420)
- Tangible fixed assets -€112,425
down €112,425 (-6.7%), from €1.7m to €1.6m
of which Land and buildings: -€75,919
- Profit (loss) carried forward +€412,541
up €412,541 (+25.8%), from €1.6m to €2.0m
- Debts after one year -€216,592
down €216,592 (-19.9%), from €1.1m to €869,454
- Reserves +€100,000
up €100,000 (+6.6%), from €1.5m to €1.6m
- Tax, wage and social debts -€80,514
down €80,514 (-63.2%), from €127,383 to €46,869
of which Taxes: -€75,809
- Gross operating margin -€1.0m
down €1.0m (-73.0%), from €1.4m to €370,020
- Taxes -€294,613
down €294,613 (-95.2%), from €309,429 to €14,816
- Financial income +€225,490
up €225,490 (+89.8%), from €251,025 to €476,516
- Depreciation +€18,412
up €18,412 (+19.4%), from €95,008 to €113,420
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 | €4,729,833 | €4,903,676 | +€173,843 | +3.7% |
| Fixed assets | 21/28 | €3,498,183 | €3,385,758 | -€112,425 | -3.2% |
| Tangible fixed assets | 22/27 | €1,686,847 | €1,574,422 | -€112,425 | -6.7% |
| Land and buildings | 22 | €1,480,610 | €1,404,691 | -€75,919 | -5.1% |
| Plant, machinery and equipment | 23 | €23,321 | €17,623 | -€5,698 | -24.4% |
| Furniture and vehicles | 24 | €106,544 | €84,302 | -€22,242 | -20.9% |
| Other tangible fixed assets | 26 | €76,372 | €67,806 | -€8,567 | -11.2% |
| Financial fixed assets | 28 | €1,811,336 | €1,811,336 | = | 0.0% |
| Current assets | 29/58 | €1,231,650 | €1,517,918 | +€286,268 | +23.2% |
| Stocks and contracts in progress | 3 | €88,638 | €98,076 | +€9,438 | +10.6% |
| Stocks | 30/36 | €88,638 | €98,076 | +€9,438 | +10.6% |
| Amounts receivable within one year | 40/41 | €31,636 | €16,118 | -€15,518 | -49.1% |
| Trade receivables | 40 | €19,533 | €8,969 | -€10,564 | -54.1% |
| Other amounts receivable | 41 | €12,102 | €7,149 | -€4,954 | -40.9% |
| Cash at bank and in hand | 54/58 | €1,107,950 | €1,391,234 | +€283,283 | +25.6% |
| Deferred charges and accrued income | 490/1 | €3,426 | €12,490 | +€9,064 | +264.6% |
| Total equity and liabilities | 10/49 | €4,729,833 | €4,903,676 | +€173,843 | +3.7% |
| Equity | 10/15 | €3,114,694 | €3,627,235 | +€512,541 | +16.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,509,859 | €1,609,859 | +€100,000 | +6.6% |
| Distributable reserves | 133 | €1,509,859 | €1,609,859 | +€100,000 | +6.6% |
| Profit (loss) carried forward | 14 | €1,598,638 | €2,011,179 | +€412,541 | +25.8% |
| Amounts payable | 17/49 | €1,615,139 | €1,276,441 | -€338,699 | -21.0% |
| Amounts payable after more than one year | 17 | €1,086,046 | €869,454 | -€216,592 | -19.9% |
| Financial debts | 170/4 | €1,086,046 | €869,454 | -€216,592 | -19.9% |
| Amounts payable within one year | 42/48 | €529,093 | €406,987 | -€122,106 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | €212,281 | €216,592 | +€4,311 | +2.0% |
| Trade debts | 44 | €186,590 | €143,378 | -€43,212 | -23.2% |
| Suppliers | 440/4 | €186,590 | €143,378 | -€43,212 | -23.2% |
| Advances received on contracts in progress | 46 | - | €127 | +€127 | |
| Taxes, remuneration and social security | 45 | €127,383 | €46,869 | -€80,514 | -63.2% |
| Taxes | 450/3 | €97,644 | €21,835 | -€75,809 | -77.6% |
| Remuneration and social security | 454/9 | €29,739 | €25,034 | -€4,705 | -15.8% |
| Other amounts payable | 47/48 | €2,840 | €21 | -€2,819 | -99.3% |
| Non-recurring operating income | 76A | €785,477 | €341 | -€785,136 | -100.0% |
| Remuneration, social security and pensions | 62 | €154,932 | €155,523 | +€592 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,008 | €113,420 | +€18,412 | +19.4% |
| Other operating charges | 640/8 | €18,177 | €19,923 | +€1,746 | +9.6% |
| Non-recurring operating charges | 66A | €17,157 | - | -€17,157 | |
| Gross operating margin | 9900 | €1,371,583 | €370,020 | -€1.0m | -73.0% |
| Operating profit (loss) | 9901 | €1,086,310 | €81,154 | -€1.0m | -92.5% |
| Financial income | 75/76B | €251,025 | €476,516 | +€225,490 | +89.8% |
| Recurring financial income | 75 | €251,025 | €476,516 | +€225,490 | +89.8% |
| Financial charges | 65/66B | €37,666 | €30,312 | -€7,353 | -19.5% |
| Recurring financial charges | 65 | €37,666 | €30,312 | -€7,353 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €1,299,670 | €527,357 | -€772,313 | -59.4% |
| Income taxes | 67/77 | €309,429 | €14,816 | -€294,613 | -95.2% |
| Profit (loss) for the period | 9904 | €990,241 | €512,541 | -€477,700 | -48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €990,241 | €512,541 | -€477,700 | -48.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.