ZIMMO: 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.
ZIMMO
Largest movements
- Intangible fixed assets -€140,419
down €140,419 (-15.2%), from €924,075 to €783,655
- Tangible fixed assets -€99,189
down €99,189 (-4.1%), from €2.4m to €2.3m
of which Land and buildings: -€88,808
- Cash -€47,815
down €47,815 (-58.1%), from €82,322 to €34,507
mainly Net result for the year (-€135,035) and Debts after one year (-€75,330)
- Profit (loss) carried forward -€119,258
down €119,258 (-34.9%), from -€341,559 to -€460,817
- Debts after one year -€75,330
down €75,330 (-9.7%), from €776,782 to €701,452
of which Financial debts: -€73,130
- Financial income -€16,281
down €16,281 (-79.7%), from €20,433 to €4,152
- Financial charges -€9,825
down €9,825 (-13.2%), from €74,621 to €64,796
- Depreciation -€7,889
down €7,889 (-2.9%), from €276,758 to €268,869
- Taxes +€6,631
up €6,631 (+102.0%), from €6,498 to €13,129
- Gross operating margin +€6,494
up €6,494 (+3.1%), from €210,920 to €217,414
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 | €3,767,941 | €3,502,901 | -€265,040 | -7.0% |
| Fixed assets | 21/28 | €3,670,588 | €3,450,981 | -€219,608 | -6.0% |
| Intangible fixed assets | 21 | €924,075 | €783,655 | -€140,419 | -15.2% |
| Tangible fixed assets | 22/27 | €2,436,669 | €2,337,480 | -€99,189 | -4.1% |
| Land and buildings | 22 | €2,142,120 | €2,053,312 | -€88,808 | -4.1% |
| Plant, machinery and equipment | 23 | €221,392 | €227,349 | +€5,957 | +2.7% |
| Furniture and vehicles | 24 | €71,957 | €55,620 | -€16,338 | -22.7% |
| Other tangible fixed assets | 26 | €1,200 | €1,200 | = | 0.0% |
| Financial fixed assets | 28 | €309,845 | €329,845 | +€20,000 | +6.5% |
| Current assets | 29/58 | €97,352 | €51,920 | -€45,432 | -46.7% |
| Amounts receivable within one year | 40/41 | €7,794 | - | -€7,794 | |
| Trade receivables | 40 | €2,174 | - | -€2,174 | |
| Other amounts receivable | 41 | €5,620 | - | -€5,620 | |
| Cash at bank and in hand | 54/58 | €82,322 | €34,507 | -€47,815 | -58.1% |
| Deferred charges and accrued income | 490/1 | €7,236 | €17,413 | +€10,177 | +140.7% |
| Total equity and liabilities | 10/49 | €3,767,941 | €3,502,901 | -€265,040 | -7.0% |
| Equity | 10/15 | €2,094,935 | €1,959,900 | -€135,035 | -6.4% |
| Contributions | 10/11 | €1,965,000 | €1,965,000 | = | 0.0% |
| Capital | 10 | €1,965,000 | €1,965,000 | = | 0.0% |
| Issued capital | 100 | €1,965,000 | €1,965,000 | = | 0.0% |
| Reserves | 13 | €471,494 | €455,717 | -€15,778 | -3.3% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €464,337 | €448,559 | -€15,778 | -3.4% |
| Distributable reserves | 133 | €657 | €657 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€341,559 | -€460,817 | -€119,258 | -34.9% |
| Provisions and deferred taxes | 16 | €152,577 | €147,318 | -€5,259 | -3.4% |
| Deferred taxes | 168 | €152,577 | €147,318 | -€5,259 | -3.4% |
| Amounts payable | 17/49 | €1,520,429 | €1,395,683 | -€124,745 | -8.2% |
| Amounts payable after more than one year | 17 | €776,782 | €701,452 | -€75,330 | -9.7% |
| Financial debts | 170/4 | €774,582 | €701,452 | -€73,130 | -9.4% |
| Other amounts payable | 178/9 | €2,200 | - | -€2,200 | |
| Amounts payable within one year | 42/48 | €741,606 | €691,343 | -€50,262 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €72,154 | €73,130 | +€976 | +1.4% |
| Financial debts | 43 | €1,377 | - | -€1,377 | |
| Credit institutions | 430/8 | €1,377 | - | -€1,377 | |
| Trade debts | 44 | €16,717 | €5,538 | -€11,179 | -66.9% |
| Suppliers | 440/4 | €16,717 | €5,538 | -€11,179 | -66.9% |
| Taxes, remuneration and social security | 45 | €36,998 | €31,323 | -€5,675 | -15.3% |
| Taxes | 450/3 | €36,998 | €31,323 | -€5,675 | -15.3% |
| Other amounts payable | 47/48 | €614,359 | €581,352 | -€33,008 | -5.4% |
| Accrued charges and deferred income | 492/3 | €2,041 | €2,888 | +€847 | +41.5% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €276,758 | €268,869 | -€7,889 | -2.9% |
| Other operating charges | 640/8 | €12,227 | €15,066 | +€2,839 | +23.2% |
| Gross operating margin | 9900 | €210,920 | €217,414 | +€6,494 | +3.1% |
| Operating profit (loss) | 9901 | -€78,065 | -€66,521 | +€11,544 | +14.8% |
| Financial income | 75/76B | €20,433 | €4,152 | -€16,281 | -79.7% |
| Recurring financial income | 75 | €20,433 | €4,152 | -€16,281 | -79.7% |
| Financial charges | 65/66B | €74,621 | €64,796 | -€9,825 | -13.2% |
| Recurring financial charges | 65 | €74,621 | €64,796 | -€9,825 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | -€132,253 | -€127,165 | +€5,088 | +3.8% |
| Transfer from deferred taxes | 780 | €5,259 | €5,259 | = | 0.0% |
| Income taxes | 67/77 | €6,498 | €13,129 | +€6,631 | +102.0% |
| Profit (loss) for the period | 9904 | -€133,492 | -€135,035 | -€1,543 | -1.2% |
| Transfer from tax-exempt reserves | 789 | €15,778 | €15,778 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€117,715 | -€119,258 | -€1,543 | -1.3% |
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 4 October 2026 via checked.be.