ZINNIA: what changed
ZINNIA
Largest movements
- Tangible fixed assets -€20,460
down €20,460 (-20.3%), from €100,964 to €80,503
of which Furniture and vehicles: -€12,714
- Receivables within one year +€11,847
up €11,847 (+32.1%), from €36,958 to €48,805
of which Other amounts receivable: +€7,590
- Cash -€11,289
down €11,289 (-17.2%), from €65,758 to €54,470
mainly Receivables within one year (-€11,847) and Debts after one year (-€10,980)
- Debts after one year -€10,980
down €10,980 (-80.6%), from €13,620 to €2,641
- Current portion of long-term debt -€5,399
down €5,399 (-31.4%), from €17,184 to €11,786
- Trade debts -€3,836
down €3,836 (-56.2%), from €6,830 to €2,994
- Tax, wage and social debts -€2,141
down €2,141 (-37.6%), from €5,700 to €3,560
of which Remuneration and social security: -€1,174
- Staff costs -€22,637
down €22,637 (-43.1%), from €52,502 to €29,865
- Taxes +€19,146
up €19,146, from -€7,675 to €11,471
- Depreciation -€5,839
down €5,839 (-22.2%), from €26,296 to €20,457
- Gross operating margin +€5,431
up €5,431 (+8.0%), from €68,194 to €73,626
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €213,767 | €193,360 | -€20,407 | -9.5% |
| Fixed assets | 21/28 | €101,664 | €81,203 | -€20,460 | -20.1% |
| Tangible fixed assets | 22/27 | €100,964 | €80,503 | -€20,460 | -20.3% |
| Land and buildings | 22 | €34,411 | €33,605 | -€807 | -2.3% |
| Plant, machinery and equipment | 23 | €29,901 | €22,962 | -€6,939 | -23.2% |
| Furniture and vehicles | 24 | €36,651 | €23,937 | -€12,714 | -34.7% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €112,103 | €112,156 | +€53 | 0.0% |
| Stocks and contracts in progress | 3 | €9,387 | €8,881 | -€505 | -5.4% |
| Stocks | 30/36 | €9,387 | €8,881 | -€505 | -5.4% |
| Amounts receivable within one year | 40/41 | €36,958 | €48,805 | +€11,847 | +32.1% |
| Trade receivables | 40 | €28,444 | €32,702 | +€4,257 | +15.0% |
| Other amounts receivable | 41 | €8,514 | €16,104 | +€7,590 | +89.1% |
| Cash at bank and in hand | 54/58 | €65,758 | €54,470 | -€11,289 | -17.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €213,767 | €193,360 | -€20,407 | -9.5% |
| Equity | 10/15 | €170,432 | €172,379 | +€1,947 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,095 | €34,042 | +€1,947 | +6.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €14,932 | €14,932 | = | 0.0% |
| Distributable reserves | 133 | €15,304 | €17,251 | +€1,947 | +12.7% |
| Profit (loss) carried forward | 14 | €119,737 | €119,737 | = | 0.0% |
| Amounts payable | 17/49 | €43,335 | €20,981 | -€22,354 | -51.6% |
| Amounts payable after more than one year | 17 | €13,620 | €2,641 | -€10,980 | -80.6% |
| Financial debts | 170/4 | €13,620 | €2,641 | -€10,980 | -80.6% |
| Amounts payable within one year | 42/48 | €29,714 | €18,340 | -€11,375 | -38.3% |
| Current portion of amounts payable after more than one year | 42 | €17,184 | €11,786 | -€5,399 | -31.4% |
| Trade debts | 44 | €6,830 | €2,994 | -€3,836 | -56.2% |
| Suppliers | 440/4 | €6,830 | €2,994 | -€3,836 | -56.2% |
| Taxes, remuneration and social security | 45 | €5,700 | €3,560 | -€2,141 | -37.6% |
| Taxes | 450/3 | €1,832 | €866 | -€966 | -52.8% |
| Remuneration and social security | 454/9 | €3,868 | €2,694 | -€1,174 | -30.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €52,502 | €29,865 | -€22,637 | -43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,296 | €20,457 | -€5,839 | -22.2% |
| Other operating charges | 640/8 | €1,924 | €2,026 | +€102 | +5.3% |
| Non-recurring operating charges | 66A | €0 | €6,445 | +€6,445 | |
| Gross operating margin | 9900 | €68,194 | €73,626 | +€5,431 | +8.0% |
| Operating profit (loss) | 9901 | -€12,528 | €14,832 | +€27,360 | |
| Financial income | 75/76B | €87 | €28 | -€58 | -67.2% |
| Recurring financial income | 75 | €87 | €28 | -€58 | -67.2% |
| Financial charges | 65/66B | €2,060 | €1,442 | -€618 | -30.0% |
| Recurring financial charges | 65 | €2,060 | €1,442 | -€618 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,501 | €13,418 | +€27,920 | |
| Income taxes | 67/77 | -€7,675 | €11,471 | +€19,146 | |
| Profit (loss) for the period | 9904 | -€6,827 | €1,947 | +€8,774 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,827 | €1,947 | +€8,774 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.