ZIDIS: 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.
ZIDIS
Largest movements
- Cash +€513,301
up €513,301 (+1,426%), from €35,998 to €549,299
mainly Advances received (+€1.3m) and Net result for the year (+€749,530)
- Stocks and contracts +€280,536
new in 2025: €280,536
- Tangible fixed assets -€218,107
down €218,107 (-27.3%), from €798,783 to €580,676
of which Plant, machinery and equipment: -€170,368
- Receivables within one year -€182,102
down €182,102 (-18.8%), from €969,533 to €787,431
of which Trade receivables: -€112,452
- Intangible fixed assets -€26,660
down €26,660 (-17.2%), from €155,255 to €128,595
- Advances received +€1.3m
new in 2025: €1.3m
- Other debts -€850,454
no longer reported in 2025 (was €850,454)
- Trade debts -€287,102
down €287,102 (-82.1%), from €349,903 to €62,801
- Profit (loss) carried forward +€134,530
up €134,530 (+33.1%), from €406,391 to €540,921
- Short-term financial debts +€67,238
new in 2025: €67,238
- Gross operating margin -€583,820
down €583,820 (-18.5%), from €3.2m to €2.6m
- Staff costs +€191,067
up €191,067 (+16.4%), from €1.2m to €1.4m
- Taxes -€97,695
down €97,695 (-35.2%), from €277,920 to €180,225
- Depreciation +€95,845
up €95,845 (+54.8%), from €174,985 to €270,830
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 | €2,005,117 | €2,380,082 | +€374,965 | +18.7% |
| Fixed assets | 21/28 | €988,913 | €744,146 | -€244,767 | -24.8% |
| Intangible fixed assets | 21 | €155,255 | €128,595 | -€26,660 | -17.2% |
| Tangible fixed assets | 22/27 | €798,783 | €580,676 | -€218,107 | -27.3% |
| Plant, machinery and equipment | 23 | €623,883 | €453,515 | -€170,368 | -27.3% |
| Furniture and vehicles | 24 | €87,423 | €61,005 | -€26,418 | -30.2% |
| Other tangible fixed assets | 26 | €87,476 | €66,155 | -€21,321 | -24.4% |
| Financial fixed assets | 28 | €34,875 | €34,875 | = | 0.0% |
| Current assets | 29/58 | €1,016,205 | €1,635,936 | +€619,732 | +61.0% |
| Stocks and contracts in progress | 3 | - | €280,536 | +€280,536 | |
| Contracts in progress | 37 | - | €280,536 | +€280,536 | |
| Amounts receivable within one year | 40/41 | €969,533 | €787,431 | -€182,102 | -18.8% |
| Trade receivables | 40 | €857,474 | €745,022 | -€112,452 | -13.1% |
| Other amounts receivable | 41 | €112,060 | €42,409 | -€69,650 | -62.2% |
| Cash at bank and in hand | 54/58 | €35,998 | €549,299 | +€513,301 | +1,426% |
| Deferred charges and accrued income | 490/1 | €10,673 | €18,670 | +€7,997 | +74.9% |
| Total equity and liabilities | 10/49 | €2,005,117 | €2,380,082 | +€374,965 | +18.7% |
| Equity | 10/15 | €420,651 | €561,381 | +€140,730 | +33.5% |
| Contributions | 10/11 | €14,260 | €20,460 | +€6,200 | +43.5% |
| Profit (loss) carried forward | 14 | €406,391 | €540,921 | +€134,530 | +33.1% |
| Amounts payable | 17/49 | €1,584,466 | €1,818,701 | +€234,235 | +14.8% |
| Amounts payable within one year | 42/48 | €1,584,466 | €1,815,821 | +€231,355 | +14.6% |
| Financial debts | 43 | - | €67,238 | +€67,238 | |
| Credit institutions | 430/8 | - | €67,238 | +€67,238 | |
| Trade debts | 44 | €349,903 | €62,801 | -€287,102 | -82.1% |
| Suppliers | 440/4 | €349,903 | €62,801 | -€287,102 | -82.1% |
| Advances received on contracts in progress | 46 | - | €1,280,790 | +€1.3m | |
| Taxes, remuneration and social security | 45 | €384,109 | €404,992 | +€20,883 | +5.4% |
| Taxes | 450/3 | €163,495 | €160,566 | -€2,928 | -1.8% |
| Remuneration and social security | 454/9 | €220,615 | €244,426 | +€23,812 | +10.8% |
| Other amounts payable | 47/48 | €850,454 | - | -€850,454 | |
| Accrued charges and deferred income | 492/3 | - | €2,880 | +€2,880 | |
| Remuneration, social security and pensions | 62 | €1,168,484 | €1,359,550 | +€191,067 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174,985 | €270,830 | +€95,845 | +54.8% |
| Other operating charges | 640/8 | €1,738 | €2,069 | +€331 | +19.1% |
| Gross operating margin | 9900 | €3,150,488 | €2,566,668 | -€583,820 | -18.5% |
| Operating profit (loss) | 9901 | €1,805,281 | €934,218 | -€871,063 | -48.3% |
| Financial income | 75/76B | €3,024 | €4,827 | +€1,803 | +59.6% |
| Recurring financial income | 75 | €3,024 | €4,827 | +€1,803 | +59.6% |
| Financial charges | 65/66B | €5,311 | €9,290 | +€3,978 | +74.9% |
| Recurring financial charges | 65 | €5,311 | €9,290 | +€3,978 | +74.9% |
| Profit (loss) for the period before taxes | 9903 | €1,802,994 | €929,755 | -€873,239 | -48.4% |
| Income taxes | 67/77 | €277,920 | €180,225 | -€97,695 | -35.2% |
| Profit (loss) for the period | 9904 | €1,525,074 | €749,530 | -€775,544 | -50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,525,074 | €749,530 | -€775,544 | -50.9% |
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 15 October 2026 via checked.be.