ZIBEN: 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.
ZIBEN
Largest movements
- Tangible fixed assets -€12,082
down €12,082 (-3.1%), from €391,181 to €379,099
of which Land and buildings: -€11,963
- Debts after one year -€21,513
down €21,513 (-11.4%), from €188,994 to €167,481
- Other debts +€9,197
up €9,197 (+130.6%), from €7,040 to €16,237
- Gross operating margin -€3,190
down €3,190 (-16.1%), from €19,865 to €16,676
- Other operating charges -€745
down €745 (-21.6%), from €3,443 to €2,698
- Financial charges -€440
down €440 (-9.3%), from €4,729 to €4,289
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 | €400,977 | €386,579 | -€14,398 | -3.6% |
| Fixed assets | 21/28 | €391,181 | €379,099 | -€12,082 | -3.1% |
| Tangible fixed assets | 22/27 | €391,181 | €379,099 | -€12,082 | -3.1% |
| Land and buildings | 22 | €390,958 | €378,995 | -€11,963 | -3.1% |
| Plant, machinery and equipment | 23 | €223 | €104 | -€119 | -53.2% |
| Current assets | 29/58 | €9,796 | €7,480 | -€2,316 | -23.6% |
| Amounts receivable within one year | 40/41 | €293 | - | -€293 | |
| Other amounts receivable | 41 | €293 | - | -€293 | |
| Cash at bank and in hand | 54/58 | €8,066 | €6,043 | -€2,023 | -25.1% |
| Deferred charges and accrued income | 490/1 | €1,437 | €1,437 | = | 0.0% |
| Total equity and liabilities | 10/49 | €400,977 | €386,579 | -€14,398 | -3.6% |
| Equity | 10/15 | €183,627 | €181,234 | -€2,393 | -1.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €38,467 | €38,467 | = | 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 | €36,607 | €36,607 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,760 | €130,367 | -€2,393 | -1.8% |
| Amounts payable | 17/49 | €217,350 | €205,345 | -€12,004 | -5.5% |
| Amounts payable after more than one year | 17 | €188,994 | €167,481 | -€21,513 | -11.4% |
| Financial debts | 170/4 | €188,994 | €167,481 | -€21,513 | -11.4% |
| Amounts payable within one year | 42/48 | €28,356 | €37,865 | +€9,509 | +33.5% |
| Current portion of amounts payable after more than one year | 42 | €21,086 | €21,513 | +€427 | +2.0% |
| Trade debts | 44 | €229 | €114 | -€115 | -50.2% |
| Suppliers | 440/4 | €229 | €114 | -€115 | -50.2% |
| Other amounts payable | 47/48 | €7,040 | €16,237 | +€9,197 | +130.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,082 | €12,082 | = | 0.0% |
| Other operating charges | 640/8 | €3,443 | €2,698 | -€745 | -21.6% |
| Gross operating margin | 9900 | €19,865 | €16,676 | -€3,190 | -16.1% |
| Operating profit (loss) | 9901 | €4,340 | €1,896 | -€2,444 | -56.3% |
| Financial charges | 65/66B | €4,729 | €4,289 | -€440 | -9.3% |
| Recurring financial charges | 65 | €4,729 | €4,289 | -€440 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | -€389 | -€2,393 | -€2,004 | -514.9% |
| Profit (loss) for the period | 9904 | -€389 | -€2,393 | -€2,004 | -514.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€389 | -€2,393 | -€2,004 | -514.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.