Ziggy: 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.
Ziggy
Largest movements
- Cash -€43,816
down €43,816 (-36.3%), from €120,778 to €76,962
mainly Other debts (-€41,243) and Trade debts (-€6,657)
- Receivables within one year -€1,701
down €1,701 (-12.0%), from €14,183 to €12,482
of which Trade receivables: -€1,096
- Other debts -€41,243
down €41,243 (-100.0%), from €41,243 to €0
- Trade debts -€6,657
down €6,657 (-34.4%), from €19,356 to €12,699
- Reserves +€2,067
up €2,067 (+2.8%), from €73,362 to €75,430
- Financial charges -€6,397
down €6,397 (-92.2%), from €6,939 to €542
- Gross operating margin -€3,177
down €3,177 (-55.3%), from €5,740 to €2,563
- Financial income +€362
up €362, from €0 to €362
- Taxes +€316
up €316, from €0 to €316
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 | €134,961 | €89,445 | -€45,517 | -33.7% |
| Current assets | 29/58 | €134,961 | €89,445 | -€45,517 | -33.7% |
| Amounts receivable within one year | 40/41 | €14,183 | €12,482 | -€1,701 | -12.0% |
| Trade receivables | 40 | €8,554 | €7,458 | -€1,096 | -12.8% |
| Other amounts receivable | 41 | €5,629 | €5,025 | -€605 | -10.7% |
| Cash at bank and in hand | 54/58 | €120,778 | €76,962 | -€43,816 | -36.3% |
| Total equity and liabilities | 10/49 | €134,961 | €89,445 | -€45,517 | -33.7% |
| Equity | 10/15 | €74,362 | €76,430 | +€2,067 | +2.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €73,362 | €75,430 | +€2,067 | +2.8% |
| Distributable reserves | 133 | €73,362 | €75,430 | +€2,067 | +2.8% |
| Amounts payable | 17/49 | €60,599 | €13,015 | -€47,584 | -78.5% |
| Amounts payable within one year | 42/48 | €60,599 | €13,015 | -€47,584 | -78.5% |
| Trade debts | 44 | €19,356 | €12,699 | -€6,657 | -34.4% |
| Suppliers | 440/4 | €19,356 | €12,699 | -€6,657 | -34.4% |
| Taxes, remuneration and social security | 45 | €0 | €316 | +€316 | |
| Taxes | 450/3 | €0 | €316 | +€316 | |
| Other amounts payable | 47/48 | €41,243 | €0 | -€41,243 | -100.0% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | €5,740 | €2,563 | -€3,177 | -55.3% |
| Operating profit (loss) | 9901 | €5,740 | €2,563 | -€3,177 | -55.3% |
| Financial income | 75/76B | €0 | €362 | +€362 | |
| Recurring financial income | 75 | €0 | €362 | +€362 | |
| Financial charges | 65/66B | €6,939 | €542 | -€6,397 | -92.2% |
| Recurring financial charges | 65 | €6,939 | €542 | -€6,397 | -92.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,199 | €2,384 | +€3,582 | |
| Income taxes | 67/77 | €0 | €316 | +€316 | |
| Profit (loss) for the period | 9904 | -€1,199 | €2,067 | +€3,266 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,199 | €2,067 | +€3,266 |
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 10 October 2026 via checked.be.