ZIDIZ: 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.
ZIDIZ
Largest movements
- Cash -€28,482
down €28,482 (-30.2%), from €94,345 to €65,863
mainly Contributions, distributions and other (-€107,721) and Debts after one year (-€50,000)
- Receivables within one year -€18,305
down €18,305 (-65.1%), from €28,121 to €9,816
of which Trade receivables: -€16,701
- Intangible fixed assets -€15,200
down €15,200 (-39.8%), from €38,173 to €22,973
- Tangible fixed assets -€12,517
down €12,517 (-18.5%), from €67,562 to €55,045
of which Furniture and vehicles: -€7,671
- Reserves -€107,721
down €107,721 (-100%), from €107,721 to €0
of which Distributable reserves: -€107,721
- Other debts +€96,811
up €96,811 (+282%), from €34,376 to €131,187
- Debts after one year -€50,000
down €50,000 (-94.3%), from €53,000 to €3,000
- Tax, wage and social debts -€5,972
down €5,972 (-74.6%), from €8,008 to €2,036
of which Taxes: -€5,514
- Trade debts -€5,947
down €5,947 (-72.5%), from €8,209 to €2,261
- Gross operating margin -€71,957
down €71,957 (-71.0%), from €101,406 to €29,449
- Staff costs -€51,177
down €51,177 (-99.6%), from €51,363 to €186
- Taxes -€4,303
down €4,303 (-82.7%), from €5,203 to €900
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 | €229,914 | €155,691 | -€74,223 | -32.3% |
| Fixed assets | 21/28 | €105,735 | €78,018 | -€27,717 | -26.2% |
| Intangible fixed assets | 21 | €38,173 | €22,973 | -€15,200 | -39.8% |
| Tangible fixed assets | 22/27 | €67,562 | €55,045 | -€12,517 | -18.5% |
| Land and buildings | 22 | €387 | €0 | -€387 | -100% |
| Plant, machinery and equipment | 23 | €8,258 | €6,031 | -€2,227 | -27.0% |
| Furniture and vehicles | 24 | €19,087 | €11,415 | -€7,671 | -40.2% |
| Other tangible fixed assets | 26 | €39,831 | €37,598 | -€2,233 | -5.6% |
| Current assets | 29/58 | €124,179 | €77,674 | -€46,506 | -37.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €28,121 | €9,816 | -€18,305 | -65.1% |
| Trade receivables | 40 | €21,894 | €5,194 | -€16,701 | -76.3% |
| Other amounts receivable | 41 | €6,227 | €4,623 | -€1,605 | -25.8% |
| Cash at bank and in hand | 54/58 | €94,345 | €65,863 | -€28,482 | -30.2% |
| Deferred charges and accrued income | 490/1 | €1,713 | €1,995 | +€282 | +16.4% |
| Total equity and liabilities | 10/49 | €229,914 | €155,691 | -€74,223 | -32.3% |
| Equity | 10/15 | €126,321 | €17,207 | -€109,115 | -86.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €107,721 | €0 | -€107,721 | -100% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €107,721 | €0 | -€107,721 | -100% |
| Profit (loss) carried forward | 14 | - | -€1,393 | -€1,393 | |
| Amounts payable | 17/49 | €103,593 | €138,485 | +€34,892 | +33.7% |
| Amounts payable after more than one year | 17 | €53,000 | €3,000 | -€50,000 | -94.3% |
| Financial debts | 170/4 | €53,000 | €3,000 | -€50,000 | -94.3% |
| Amounts payable within one year | 42/48 | €50,593 | €135,485 | +€84,892 | +168% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €8,209 | €2,261 | -€5,947 | -72.5% |
| Suppliers | 440/4 | €8,209 | €2,261 | -€5,947 | -72.5% |
| Taxes, remuneration and social security | 45 | €8,008 | €2,036 | -€5,972 | -74.6% |
| Taxes | 450/3 | €7,550 | €2,036 | -€5,514 | -73.0% |
| Remuneration and social security | 454/9 | €458 | €0 | -€458 | -100% |
| Other amounts payable | 47/48 | €34,376 | €131,187 | +€96,811 | +282% |
| Non-recurring operating income | 76A | - | €50 | +€50 | |
| Remuneration, social security and pensions | 62 | €51,363 | €186 | -€51,177 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,453 | €27,717 | +€264 | +1.0% |
| Other operating charges | 640/8 | €1,139 | €1,108 | -€31 | -2.7% |
| Gross operating margin | 9900 | €101,406 | €29,449 | -€71,957 | -71.0% |
| Operating profit (loss) | 9901 | €21,451 | €438 | -€21,013 | -98.0% |
| Financial income | 75/76B | €217 | €524 | +€307 | +141% |
| Recurring financial income | 75 | €217 | €524 | +€307 | +141% |
| Financial charges | 65/66B | €1,650 | €1,455 | -€195 | -11.8% |
| Recurring financial charges | 65 | €1,650 | €1,455 | -€195 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €20,018 | -€494 | -€20,511 | |
| Income taxes | 67/77 | €5,203 | €900 | -€4,303 | -82.7% |
| Profit (loss) for the period | 9904 | €14,815 | -€1,393 | -€16,208 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,815 | -€1,393 | -€16,208 |
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 25 October 2026 via checked.be.