Zifio: what changed
Two fiscal 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.
Zifio
Largest movements
- Cash +€134,573
up €134,573 (+110.9%), from €121,337 to €255,910
mainly Net result for the year (+€178,428) and Tax, wage and social debts (+€19,897)
- Reserves +€178,428
up €178,428 (+244.6%), from €72,947 to €251,375
- Debts after one year -€70,182
down €70,182 (-13.8%), from €508,136 to €437,953
- Tax, wage and social debts +€19,897
up €19,897 (+83.7%), from €23,762 to €43,659
- Financial income +€121,201
up €121,201 (+420.8%), from €28,800 to €150,001
- Taxes +€18,728
up €18,728 (+123.6%), from €15,154 to €33,882
- Gross operating margin +€2,878
up €2,878 (+3.5%), from €82,381 to €85,259
- Financial charges -€1,068
down €1,068 (-4.7%), from €22,704 to €21,637
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 | €713,034 | €852,596 | +€139,562 | +19.6% |
| Fixed assets | 21/28 | €576,371 | €580,840 | +€4,468 | +0.8% |
| Tangible fixed assets | 22/27 | €3,322 | €7,790 | +€4,468 | +134.5% |
| Furniture and vehicles | 24 | - | €4,838 | +€4,838 | |
| Other tangible fixed assets | 26 | €3,322 | €2,952 | -€370 | -11.1% |
| Financial fixed assets | 28 | €573,050 | €573,050 | = | 0.0% |
| Current assets | 29/58 | €136,662 | €271,756 | +€135,094 | +98.9% |
| Amounts receivable within one year | 40/41 | €14,788 | €14,939 | +€151 | +1.0% |
| Trade receivables | 40 | €14,788 | €14,939 | +€151 | +1.0% |
| Cash at bank and in hand | 54/58 | €121,337 | €255,910 | +€134,573 | +110.9% |
| Deferred charges and accrued income | 490/1 | €538 | €907 | +€369 | +68.7% |
| Total equity and liabilities | 10/49 | €713,034 | €852,596 | +€139,562 | +19.6% |
| Equity | 10/15 | €112,947 | €291,375 | +€178,428 | +158.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €72,947 | €251,375 | +€178,428 | +244.6% |
| Distributable reserves | 133 | €72,947 | €251,375 | +€178,428 | +244.6% |
| Amounts payable | 17/49 | €600,087 | €561,221 | -€38,866 | -6.5% |
| Amounts payable after more than one year | 17 | €508,136 | €437,953 | -€70,182 | -13.8% |
| Financial debts | 170/4 | €508,136 | €437,953 | -€70,182 | -13.8% |
| Amounts payable within one year | 42/48 | €87,751 | €114,388 | +€26,637 | +30.4% |
| Current portion of amounts payable after more than one year | 42 | €61,864 | €70,182 | +€8,318 | +13.4% |
| Trade debts | 44 | €1,974 | €96 | -€1,878 | -95.1% |
| Suppliers | 440/4 | €1,974 | €96 | -€1,878 | -95.1% |
| Taxes, remuneration and social security | 45 | €23,762 | €43,659 | +€19,897 | +83.7% |
| Taxes | 450/3 | €23,762 | €43,659 | +€19,897 | +83.7% |
| Other amounts payable | 47/48 | €150 | €450 | +€300 | +200.0% |
| Accrued charges and deferred income | 492/3 | €4,200 | €8,879 | +€4,679 | +111.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €375 | €1,187 | +€812 | +216.3% |
| Other operating charges | 640/8 | - | €126 | +€126 | |
| Gross operating margin | 9900 | €82,381 | €85,259 | +€2,878 | +3.5% |
| Operating profit (loss) | 9901 | €82,005 | €83,946 | +€1,940 | +2.4% |
| Financial income | 75/76B | €28,800 | €150,001 | +€121,201 | +420.8% |
| Recurring financial income | 75 | €28,800 | €150,001 | +€121,201 | +420.8% |
| Financial charges | 65/66B | €22,704 | €21,637 | -€1,068 | -4.7% |
| Recurring financial charges | 65 | €22,704 | €21,637 | -€1,068 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €88,101 | €212,309 | +€124,209 | +141.0% |
| Income taxes | 67/77 | €15,154 | €33,882 | +€18,728 | +123.6% |
| Profit (loss) for the period | 9904 | €72,947 | €178,428 | +€105,481 | +144.6% |
| Profit (loss) for the period to be appropriated | 9905 | €72,947 | €178,428 | +€105,481 | +144.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.