ZEDIX: 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.
ZEDIX
Largest movements
- Cash -€13,987
down €13,987 (-49.9%), from €28,011 to €14,025
mainly Net result for the year (-€16,289) and Stocks and contracts (-€4,056)
- Tangible fixed assets -€9,005
down €9,005 (-45.4%), from €19,838 to €10,832
of which Furniture and vehicles: -€4,876
- Stocks and contracts +€4,056
new in 2025: €4,056
- Receivables within one year +€1,529
up €1,529 (+106.6%), from €1,434 to €2,963
of which Trade receivables: +€2,406
- Profit (loss) carried forward -€16,289
down €16,289 (-981.7%), from -€1,659 to -€17,948
- Tax, wage and social debts -€1,867
down €1,867 (-73.2%), from €2,551 to €684
of which Taxes: -€1,647
- Other debts +€842
up €842 (+64.9%), from €1,298 to €2,139
- Gross operating margin -€30,928
down €30,928, from €28,423 to -€2,505
- Staff costs -€3,562
down €3,562 (-46.9%), from €7,588 to €4,026
- Depreciation -€297
down €297 (-3.2%), from €9,303 to €9,005
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 | €49,301 | €31,894 | -€17,407 | -35.3% |
| Fixed assets | 21/28 | €19,856 | €10,851 | -€9,005 | -45.4% |
| Tangible fixed assets | 22/27 | €19,838 | €10,832 | -€9,005 | -45.4% |
| Plant, machinery and equipment | 23 | €6,753 | €4,057 | -€2,697 | -39.9% |
| Furniture and vehicles | 24 | €10,565 | €5,689 | -€4,876 | -46.2% |
| Other tangible fixed assets | 26 | €2,519 | €1,087 | -€1,433 | -56.9% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €29,445 | €21,044 | -€8,402 | -28.5% |
| Stocks and contracts in progress | 3 | - | €4,056 | +€4,056 | |
| Stocks | 30/36 | - | €4,056 | +€4,056 | |
| Amounts receivable within one year | 40/41 | €1,434 | €2,963 | +€1,529 | +106.6% |
| Trade receivables | 40 | €557 | €2,963 | +€2,406 | +431.9% |
| Other amounts receivable | 41 | €877 | €0 | -€877 | -100.0% |
| Cash at bank and in hand | 54/58 | €28,011 | €14,025 | -€13,987 | -49.9% |
| Total equity and liabilities | 10/49 | €49,301 | €31,894 | -€17,407 | -35.3% |
| Equity | 10/15 | €43,581 | €27,292 | -€16,289 | -37.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €26,649 | €26,649 | = | 0.0% |
| Distributable reserves | 133 | €26,649 | €26,649 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,659 | -€17,948 | -€16,289 | -981.7% |
| Amounts payable | 17/49 | €5,720 | €4,602 | -€1,118 | -19.5% |
| Amounts payable within one year | 42/48 | €5,720 | €4,602 | -€1,118 | -19.5% |
| Trade debts | 44 | €1,871 | €1,778 | -€93 | -5.0% |
| Suppliers | 440/4 | €1,871 | €1,778 | -€93 | -5.0% |
| Taxes, remuneration and social security | 45 | €2,551 | €684 | -€1,867 | -73.2% |
| Taxes | 450/3 | €2,332 | €684 | -€1,647 | -70.6% |
| Remuneration and social security | 454/9 | €220 | €0 | -€220 | -100.0% |
| Other amounts payable | 47/48 | €1,298 | €2,139 | +€842 | +64.9% |
| Remuneration, social security and pensions | 62 | €7,588 | €4,026 | -€3,562 | -46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,303 | €9,005 | -€297 | -3.2% |
| Other operating charges | 640/8 | €341 | €565 | +€224 | +65.7% |
| Gross operating margin | 9900 | €28,423 | -€2,505 | -€30,928 | |
| Operating profit (loss) | 9901 | €11,192 | -€16,101 | -€27,293 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €172 | €189 | +€17 | +9.9% |
| Recurring financial charges | 65 | €172 | €189 | +€17 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €11,020 | -€16,289 | -€27,309 | |
| Profit (loss) for the period | 9904 | €11,020 | -€16,289 | -€27,309 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,020 | -€16,289 | -€27,309 |
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 8 October 2026 via checked.be.