ZIAT & Co: 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.
ZIAT & Co
Largest movements
- Tangible fixed assets -€3,725
down €3,725 (-37.5%), from €9,933 to €6,208
- Cash +€1,135
up €1,135 (+16.6%), from €6,854 to €7,989
mainly Depreciation (+€3,725) and Net result for the year (+€1,045)
- Deferred charges and accrued income -€429
no longer reported in 2025 (was €429)
- Other debts -€3,688
down €3,688 (-27.3%), from €13,484 to €9,797
- Profit (loss) carried forward +€1,045
up €1,045 (+79.1%), from -€1,321 to -€275
- Trade debts -€429
no longer reported in 2025 (was €429)
- Gross operating margin +€1,641
up €1,641 (+33.7%), from €4,862 to €6,503
- Other operating charges -€584
down €584 (-45.7%), from €1,277 to €693
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 | €19,016 | €15,997 | -€3,019 | -15.9% |
| Fixed assets | 21/28 | €11,733 | €8,008 | -€3,725 | -31.7% |
| Tangible fixed assets | 22/27 | €9,933 | €6,208 | -€3,725 | -37.5% |
| Furniture and vehicles | 24 | €9,933 | €6,208 | -€3,725 | -37.5% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €7,283 | €7,989 | +€706 | +9.7% |
| Cash at bank and in hand | 54/58 | €6,854 | €7,989 | +€1,135 | +16.6% |
| Deferred charges and accrued income | 490/1 | €429 | - | -€429 | |
| Total equity and liabilities | 10/49 | €19,016 | €15,997 | -€3,019 | -15.9% |
| Equity | 10/15 | €3,680 | €4,725 | +€1,045 | +28.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,321 | -€275 | +€1,045 | +79.1% |
| Amounts payable | 17/49 | €15,337 | €11,273 | -€4,064 | -26.5% |
| Amounts payable within one year | 42/48 | €15,337 | €11,273 | -€4,064 | -26.5% |
| Trade debts | 44 | €429 | - | -€429 | |
| Suppliers | 440/4 | €429 | - | -€429 | |
| Taxes, remuneration and social security | 45 | €1,424 | €1,476 | +€53 | +3.7% |
| Taxes | 450/3 | €1,424 | €1,476 | +€53 | +3.7% |
| Other amounts payable | 47/48 | €13,484 | €9,797 | -€3,688 | -27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,725 | €3,725 | = | 0.0% |
| Other operating charges | 640/8 | €1,277 | €693 | -€584 | -45.7% |
| Gross operating margin | 9900 | €4,862 | €6,503 | +€1,641 | +33.7% |
| Operating profit (loss) | 9901 | -€139 | €2,085 | +€2,225 | |
| Financial charges | 65/66B | €153 | €155 | +€1 | +1.0% |
| Recurring financial charges | 65 | €153 | €155 | +€1 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | -€293 | €1,931 | +€2,223 | |
| Income taxes | 67/77 | €941 | €886 | -€55 | -5.9% |
| Profit (loss) for the period | 9904 | -€1,233 | €1,045 | +€2,278 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,233 | €1,045 | +€2,278 |
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 23 October 2026 via checked.be.