Zibber: 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.
Zibber
Largest movements
- Receivables within one year +€449,013
up €449,013 (+106%), from €424,908 to €873,921
of which Other amounts receivable: +€415,198
- Stocks and contracts +€29,520
up €29,520 (+72.2%), from €40,901 to €70,421
- Tangible fixed assets -€21,792
down €21,792 (-54.1%), from €40,249 to €18,456
of which Plant, machinery and equipment: -€20,048
- Deferred charges and accrued income -€18,858
down €18,858 (-86.9%), from €21,700 to €2,843
- Cash -€10,272
down €10,272 (-14.3%), from €71,634 to €61,363
mainly Receivables within one year (-€449,013) and Stocks and contracts (-€29,520)
- Trade debts +€402,331
up €402,331 (+346%), from €116,160 to €518,491
- Reserves +€44,805
up €44,805 (+33.3%), from €134,358 to €179,163
- Tax, wage and social debts -€19,314
down €19,314 (-5.9%), from €329,719 to €310,405
of which Taxes: -€21,615
- Gross operating margin -€82,109
down €82,109 (-4.7%), from €1.8m to €1.7m
- Staff costs -€62,852
down €62,852 (-3.9%), from €1.6m to €1.6m
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 | €599,392 | €1,027,004 | +€427,612 | +71.3% |
| Fixed assets | 21/28 | €40,249 | €18,456 | -€21,792 | -54.1% |
| Tangible fixed assets | 22/27 | €40,249 | €18,456 | -€21,792 | -54.1% |
| Plant, machinery and equipment | 23 | €31,578 | €11,530 | -€20,048 | -63.5% |
| Furniture and vehicles | 24 | €8,671 | €6,926 | -€1,745 | -20.1% |
| Current assets | 29/58 | €559,143 | €1,008,548 | +€449,404 | +80.4% |
| Stocks and contracts in progress | 3 | €40,901 | €70,421 | +€29,520 | +72.2% |
| Contracts in progress | 37 | €40,901 | €70,421 | +€29,520 | +72.2% |
| Amounts receivable within one year | 40/41 | €424,908 | €873,921 | +€449,013 | +106% |
| Trade receivables | 40 | €20,018 | €53,833 | +€33,815 | +169% |
| Other amounts receivable | 41 | €404,890 | €820,088 | +€415,198 | +103% |
| Cash at bank and in hand | 54/58 | €71,634 | €61,363 | -€10,272 | -14.3% |
| Deferred charges and accrued income | 490/1 | €21,700 | €2,843 | -€18,858 | -86.9% |
| Total equity and liabilities | 10/49 | €599,392 | €1,027,004 | +€427,612 | +71.3% |
| Equity | 10/15 | €152,908 | €197,713 | +€44,805 | +29.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €134,358 | €179,163 | +€44,805 | +33.3% |
| Distributable reserves | 133 | €134,358 | €179,163 | +€44,805 | +33.3% |
| Amounts payable | 17/49 | €446,485 | €829,291 | +€382,807 | +85.7% |
| Amounts payable within one year | 42/48 | €445,879 | €828,896 | +€383,016 | +85.9% |
| Trade debts | 44 | €116,160 | €518,491 | +€402,331 | +346% |
| Suppliers | 440/4 | €116,160 | €518,491 | +€402,331 | +346% |
| Taxes, remuneration and social security | 45 | €329,719 | €310,405 | -€19,314 | -5.9% |
| Taxes | 450/3 | €166,837 | €145,222 | -€21,615 | -13.0% |
| Remuneration and social security | 454/9 | €162,882 | €165,183 | +€2,301 | +1.4% |
| Accrued charges and deferred income | 492/3 | €605 | €396 | -€209 | -34.6% |
| Remuneration, social security and pensions | 62 | €1,620,119 | €1,557,267 | -€62,852 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,594 | €23,536 | -€4,058 | -14.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,017 | €1,374 | -€6,643 | -82.9% |
| Other operating charges | 640/8 | €2,591 | €2,626 | +€35 | +1.4% |
| Gross operating margin | 9900 | €1,753,338 | €1,671,229 | -€82,109 | -4.7% |
| Operating profit (loss) | 9901 | €95,017 | €86,427 | -€8,590 | -9.0% |
| Financial income | 75/76B | €18,869 | €30,282 | +€11,413 | +60.5% |
| Recurring financial income | 75 | €18,869 | €30,282 | +€11,413 | +60.5% |
| Financial charges | 65/66B | €26,706 | €28,527 | +€1,821 | +6.8% |
| Recurring financial charges | 65 | €26,706 | €28,527 | +€1,821 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €87,180 | €88,181 | +€1,002 | +1.1% |
| Income taxes | 67/77 | €44,609 | €43,376 | -€1,233 | -2.8% |
| Profit (loss) for the period | 9904 | €42,570 | €44,805 | +€2,235 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,570 | €44,805 | +€2,235 | +5.2% |
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 14 October 2026 via checked.be.