ZIMA: 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.
ZIMA
Largest movements
- Cash +€27,601
up €27,601 (+67.0%), from €41,212 to €68,813
mainly Trade debts (+€14,012) and Net result for the year (+€9,131)
- Receivables within one year -€8,864
down €8,864 (-32.1%), from €27,575 to €18,710
of which Trade receivables: -€8,112
- Tangible fixed assets -€5,266
down €5,266 (-18.9%), from €27,827 to €22,561
- Other debts -€20,153
down €20,153 (-8.3%), from €242,578 to €222,425
- Trade debts +€14,012
up €14,012 (+50.3%), from €27,868 to €41,880
- Profit (loss) carried forward +€9,131
up €9,131 (+4.7%), from -€195,928 to -€186,797
- Tax, wage and social debts +€7,633
up €7,633 (+70.4%), from €10,844 to €18,477
- Short-term financial debts +€3,114
up €3,114 (+1285.8%), from €242 to €3,356
- Gross operating margin -€37,891
down €37,891 (-63.5%), from €59,659 to €21,768
- Financial charges +€2,441
up €2,441 (+294.2%), from €830 to €3,271
- Other operating charges +€738
up €738 (+49.6%), from €1,487 to €2,225
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 | €104,894 | €118,379 | +€13,485 | +12.9% |
| Fixed assets | 21/28 | €29,226 | €23,960 | -€5,266 | -18.0% |
| Tangible fixed assets | 22/27 | €27,827 | €22,561 | -€5,266 | -18.9% |
| Land and buildings | 22 | €15,958 | €14,038 | -€1,920 | -12.0% |
| Plant, machinery and equipment | 23 | €2,967 | €1,388 | -€1,579 | -53.2% |
| Furniture and vehicles | 24 | €8,902 | €7,136 | -€1,766 | -19.8% |
| Financial fixed assets | 28 | €1,399 | €1,399 | = | 0.0% |
| Current assets | 29/58 | €75,668 | €94,418 | +€18,750 | +24.8% |
| Stocks and contracts in progress | 3 | €4,024 | €4,024 | = | 0.0% |
| Stocks | 30/36 | €4,024 | €4,024 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,575 | €18,710 | -€8,864 | -32.1% |
| Trade receivables | 40 | €26,764 | €18,652 | -€8,112 | -30.3% |
| Other amounts receivable | 41 | €811 | €58 | -€752 | -92.8% |
| Cash at bank and in hand | 54/58 | €41,212 | €68,813 | +€27,601 | +67.0% |
| Deferred charges and accrued income | 490/1 | €2,857 | €2,871 | +€14 | +0.5% |
| Total equity and liabilities | 10/49 | €104,894 | €118,379 | +€13,485 | +12.9% |
| Equity | 10/15 | -€177,328 | -€168,197 | +€9,131 | +5.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€195,928 | -€186,797 | +€9,131 | +4.7% |
| Amounts payable | 17/49 | €282,222 | €286,575 | +€4,354 | +1.5% |
| Amounts payable within one year | 42/48 | €281,532 | €286,138 | +€4,606 | +1.6% |
| Financial debts | 43 | €242 | €3,356 | +€3,114 | +1285.8% |
| Credit institutions | 430/8 | €242 | €3,356 | +€3,114 | +1285.8% |
| Trade debts | 44 | €27,868 | €41,880 | +€14,012 | +50.3% |
| Suppliers | 440/4 | €27,868 | €41,880 | +€14,012 | +50.3% |
| Taxes, remuneration and social security | 45 | €10,844 | €18,477 | +€7,633 | +70.4% |
| Taxes | 450/3 | €10,844 | €18,477 | +€7,633 | +70.4% |
| Other amounts payable | 47/48 | €242,578 | €222,425 | -€20,153 | -8.3% |
| Accrued charges and deferred income | 492/3 | €690 | €437 | -€253 | -36.6% |
| Non-recurring operating income | 76A | - | €15,994 | +€15,994 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,089 | €6,592 | +€503 | +8.3% |
| Other operating charges | 640/8 | €1,487 | €2,225 | +€738 | +49.6% |
| Gross operating margin | 9900 | €59,659 | €21,768 | -€37,891 | -63.5% |
| Operating profit (loss) | 9901 | €52,083 | €12,951 | -€39,132 | -75.1% |
| Financial income | 75/76B | €2 | €7 | +€4 | +186.7% |
| Recurring financial income | 75 | €2 | €7 | +€4 | +186.7% |
| Financial charges | 65/66B | €830 | €3,271 | +€2,441 | +294.2% |
| Recurring financial charges | 65 | €830 | €3,271 | +€2,441 | +294.2% |
| Profit (loss) for the period before taxes | 9903 | €51,256 | €9,687 | -€41,569 | -81.1% |
| Income taxes | 67/77 | €483 | €556 | +€72 | +14.9% |
| Profit (loss) for the period | 9904 | €50,772 | €9,131 | -€41,641 | -82.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,772 | €9,131 | -€41,641 | -82.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.