ZIGGY NELL: 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.
ZIGGY NELL
Largest movements
- Stocks and contracts +€35,987
up €35,987 (+64.3%), from €55,979 to €91,966
- Financial fixed assets +€6,345
new in 2025: €6,345
- Receivables within one year +€5,297
up €5,297 (+39.9%), from €13,261 to €18,558
of which Trade receivables: +€5,771
- Tangible fixed assets +€5,079
up €5,079 (+34.4%), from €14,745 to €19,824
of which Other tangible fixed assets: +€8,079
- Deferred charges and accrued income +€1,983
new in 2025: €1,983
- Trade debts +€76,867
up €76,867 (+275.5%), from €27,896 to €104,763
- Profit (loss) carried forward -€42,706
down €42,706 (-139.2%), from -€30,680 to -€73,386
- Other debts +€17,748
up €17,748 (+17.7%), from €100,040 to €117,788
- Staff costs +€54,477
up €54,477 (+691.5%), from €7,878 to €62,354
- Gross operating margin +€37,863
up €37,863, from -€7,667 to €30,195
- Financial income -€6,236
down €6,236 (-99.8%), from €6,245 to €10
- Depreciation +€4,798
up €4,798 (+1153.3%), from €416 to €5,214
- Financial charges +€3,814
up €3,814 (+249.4%), from €1,529 to €5,343
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 | €125,754 | €177,733 | +€51,980 | +41.3% |
| Fixed assets | 21/28 | €31,400 | €40,960 | +€9,560 | +30.4% |
| Intangible fixed assets | 21 | €16,655 | €14,792 | -€1,863 | -11.2% |
| Tangible fixed assets | 22/27 | €14,745 | €19,824 | +€5,079 | +34.4% |
| Furniture and vehicles | 24 | €14,745 | €11,745 | -€3,000 | -20.3% |
| Other tangible fixed assets | 26 | - | €8,079 | +€8,079 | |
| Financial fixed assets | 28 | - | €6,345 | +€6,345 | |
| Current assets | 29/58 | €94,354 | €136,773 | +€42,419 | +45.0% |
| Stocks and contracts in progress | 3 | €55,979 | €91,966 | +€35,987 | +64.3% |
| Stocks | 30/36 | €55,979 | €91,966 | +€35,987 | +64.3% |
| Amounts receivable within one year | 40/41 | €13,261 | €18,558 | +€5,297 | +39.9% |
| Trade receivables | 40 | - | €5,771 | +€5,771 | |
| Other amounts receivable | 41 | €13,261 | €12,788 | -€473 | -3.6% |
| Cash at bank and in hand | 54/58 | €25,113 | €24,266 | -€847 | -3.4% |
| Deferred charges and accrued income | 490/1 | - | €1,983 | +€1,983 | |
| Total equity and liabilities | 10/49 | €125,754 | €177,733 | +€51,980 | +41.3% |
| Equity | 10/15 | -€11,930 | -€54,636 | -€42,706 | -358.0% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,680 | -€73,386 | -€42,706 | -139.2% |
| Amounts payable | 17/49 | €137,683 | €232,369 | +€94,686 | +68.8% |
| Amounts payable within one year | 42/48 | €137,683 | €232,369 | +€94,686 | +68.8% |
| Trade debts | 44 | €27,896 | €104,763 | +€76,867 | +275.5% |
| Suppliers | 440/4 | €27,896 | €104,763 | +€76,867 | +275.5% |
| Taxes, remuneration and social security | 45 | €9,747 | €9,818 | +€70 | +0.7% |
| Taxes | 450/3 | €3,436 | €4,495 | +€1,059 | +30.8% |
| Remuneration and social security | 454/9 | €6,311 | €5,322 | -€989 | -15.7% |
| Other amounts payable | 47/48 | €100,040 | €117,788 | +€17,748 | +17.7% |
| Remuneration, social security and pensions | 62 | €7,878 | €62,354 | +€54,477 | +691.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €416 | €5,214 | +€4,798 | +1153.3% |
| Gross operating margin | 9900 | -€7,667 | €30,195 | +€37,863 | |
| Operating profit (loss) | 9901 | -€15,961 | -€37,373 | -€21,412 | -134.2% |
| Financial income | 75/76B | €6,245 | €10 | -€6,236 | -99.8% |
| Recurring financial income | 75 | €6,245 | €10 | -€6,236 | -99.8% |
| Financial charges | 65/66B | €1,529 | €5,343 | +€3,814 | +249.4% |
| Recurring financial charges | 65 | €1,529 | €5,343 | +€3,814 | +249.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,245 | -€42,706 | -€31,461 | -279.8% |
| Profit (loss) for the period | 9904 | -€11,245 | -€42,706 | -€31,461 | -279.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,245 | -€42,706 | -€31,461 | -279.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.