ZBAYOO: 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.
ZBAYOO
Largest movements
- Intangible fixed assets -€18,577
down €18,577 (-39.7%), from €46,810 to €28,233
- Receivables within one year +€4,367
up €4,367 (+18.6%), from €23,505 to €27,872
of which Other amounts receivable: +€8,162
- Tangible fixed assets -€2,322
down €2,322 (-84.5%), from €2,749 to €427
- Stocks and contracts -€844
down €844 (-11.7%), from €7,193 to €6,349
- Profit (loss) carried forward -€14,952
down €14,952, from €3,324 to -€11,628
- Short-term financial debts -€5,822
down €5,822 (-66.7%), from €8,722 to €2,901
- Tax, wage and social debts +€2,437
up €2,437 (+232%), from €1,050 to €3,487
of which Remuneration and social security: +€2,314
- Other debts +€961
up €961 (+2.8%), from €33,728 to €34,689
- Staff costs +€13,796
up €13,796 (+6,579%), from €210 to €14,005
- Depreciation -€1,098
down €1,098 (-4.9%), from €22,410 to €21,311
- Other operating charges -€460
down €460 (-48.6%), from €948 to €488
- Financial charges -€290
down €290 (-34.1%), from €850 to €560
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,256 | €62,880 | -€17,376 | -21.7% |
| Fixed assets | 21/28 | €49,559 | €28,660 | -€20,899 | -42.2% |
| Intangible fixed assets | 21 | €46,810 | €28,233 | -€18,577 | -39.7% |
| Tangible fixed assets | 22/27 | €2,749 | €427 | -€2,322 | -84.5% |
| Furniture and vehicles | 24 | €2,749 | €427 | -€2,322 | -84.5% |
| Current assets | 29/58 | €30,698 | €34,221 | +€3,523 | +11.5% |
| Stocks and contracts in progress | 3 | €7,193 | €6,349 | -€844 | -11.7% |
| Stocks | 30/36 | €7,193 | €6,349 | -€844 | -11.7% |
| Amounts receivable within one year | 40/41 | €23,505 | €27,872 | +€4,367 | +18.6% |
| Trade receivables | 40 | €16,680 | €12,885 | -€3,795 | -22.8% |
| Other amounts receivable | 41 | €6,825 | €14,987 | +€8,162 | +120% |
| Total equity and liabilities | 10/49 | €80,256 | €62,880 | -€17,376 | -21.7% |
| Equity | 10/15 | €36,756 | €21,804 | -€14,952 | -40.7% |
| Contributions | 10/11 | €12,034 | €12,034 | = | 0.0% |
| Reserves | 13 | €21,398 | €21,398 | = | 0.0% |
| 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 | €19,538 | €19,538 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,324 | -€11,628 | -€14,952 | |
| Amounts payable | 17/49 | €43,500 | €41,076 | -€2,424 | -5.6% |
| Amounts payable within one year | 42/48 | €43,500 | €41,076 | -€2,424 | -5.6% |
| Financial debts | 43 | €8,722 | €2,901 | -€5,822 | -66.7% |
| Credit institutions | 430/8 | €8,722 | €2,901 | -€5,822 | -66.7% |
| Taxes, remuneration and social security | 45 | €1,050 | €3,487 | +€2,437 | +232% |
| Taxes | 450/3 | €1,050 | €1,173 | +€123 | +11.7% |
| Remuneration and social security | 454/9 | - | €2,314 | +€2,314 | |
| Other amounts payable | 47/48 | €33,728 | €34,689 | +€961 | +2.8% |
| Remuneration, social security and pensions | 62 | €210 | €14,005 | +€13,796 | +6,579% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,410 | €21,311 | -€1,098 | -4.9% |
| Other operating charges | 640/8 | €948 | €488 | -€460 | -48.6% |
| Gross operating margin | 9900 | €21,220 | €21,390 | +€170 | +0.8% |
| Operating profit (loss) | 9901 | -€2,347 | -€14,415 | -€12,068 | -514% |
| Financial income | 75/76B | €21 | €24 | +€3 | +14.1% |
| Recurring financial income | 75 | €21 | €24 | +€3 | +14.1% |
| Financial charges | 65/66B | €850 | €560 | -€290 | -34.1% |
| Recurring financial charges | 65 | €850 | €560 | -€290 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,177 | -€14,952 | -€11,775 | -371% |
| Income taxes | 67/77 | €1 | - | -€1 | |
| Profit (loss) for the period | 9904 | -€3,178 | -€14,952 | -€11,774 | -370% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,178 | -€14,952 | -€11,774 | -370% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.