ZINNIAPLUS: 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.
ZINNIAPLUS
Largest movements
- Cash -€22,385
down €22,385 (-41.4%), from €54,099 to €31,714
mainly Contributions, distributions and other (-€29,739) and Debts after one year (-€11,029)
- Tangible fixed assets -€16,860
down €16,860 (-12.2%), from €137,823 to €120,963
of which Other tangible fixed assets: -€8,725
- Receivables within one year +€10,437
up €10,437 (+99.9%), from €10,444 to €20,881
of which Other amounts receivable: +€5,611
- Reserves -€13,960
down €13,960 (-8.8%), from €158,533 to €144,573
- Debts after one year -€11,029
down €11,029 (-19.6%), from €56,187 to €45,158
- Gross operating margin -€13,049
down €13,049 (-22.2%), from €58,776 to €45,727
- Taxes -€5,680
down €5,680 (-45.5%), from €12,496 to €6,816
- Other operating charges +€1,237
up €1,237 (+246%), from €502 to €1,740
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.
Derived cash bridge
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 | €242,485 | €213,677 | -€28,809 | -11.9% |
| Fixed assets | 21/28 | €137,823 | €120,963 | -€16,860 | -12.2% |
| Tangible fixed assets | 22/27 | €137,823 | €120,963 | -€16,860 | -12.2% |
| Furniture and vehicles | 24 | €19,653 | €11,519 | -€8,135 | -41.4% |
| Other tangible fixed assets | 26 | €118,169 | €109,444 | -€8,725 | -7.4% |
| Current assets | 29/58 | €104,663 | €92,714 | -€11,949 | -11.4% |
| Amounts receivable within one year | 40/41 | €10,444 | €20,881 | +€10,437 | +99.9% |
| Trade receivables | 40 | €10,444 | €15,270 | +€4,826 | +46.2% |
| Other amounts receivable | 41 | €0 | €5,611 | +€5,611 | |
| Current investments | 50/53 | €40,120 | €40,120 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €54,099 | €31,714 | -€22,385 | -41.4% |
| Total equity and liabilities | 10/49 | €242,485 | €213,677 | -€28,809 | -11.9% |
| Equity | 10/15 | €164,733 | €150,773 | -€13,960 | -8.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €158,533 | €144,573 | -€13,960 | -8.8% |
| Distributable reserves | 133 | €158,533 | €144,573 | -€13,960 | -8.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €77,752 | €62,903 | -€14,849 | -19.1% |
| Amounts payable after more than one year | 17 | €56,187 | €45,158 | -€11,029 | -19.6% |
| Financial debts | 170/4 | €56,187 | €45,158 | -€11,029 | -19.6% |
| Amounts payable within one year | 42/48 | €21,565 | €17,745 | -€3,820 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €12,812 | €11,029 | -€1,783 | -13.9% |
| Trade debts | 44 | €3,309 | €2,048 | -€1,261 | -38.1% |
| Suppliers | 440/4 | €3,309 | €2,048 | -€1,261 | -38.1% |
| Taxes, remuneration and social security | 45 | €2,260 | €0 | -€2,260 | -100% |
| Taxes | 450/3 | €2,260 | €0 | -€2,260 | -100% |
| Other amounts payable | 47/48 | €3,184 | €4,668 | +€1,484 | +46.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,818 | €19,308 | +€490 | +2.6% |
| Other operating charges | 640/8 | €502 | €1,740 | +€1,237 | +246% |
| Gross operating margin | 9900 | €58,776 | €45,727 | -€13,049 | -22.2% |
| Operating profit (loss) | 9901 | €39,456 | €24,679 | -€14,776 | -37.5% |
| Financial income | 75/76B | €996 | €1,053 | +€57 | +5.7% |
| Recurring financial income | 75 | €996 | €1,053 | +€57 | +5.7% |
| Financial charges | 65/66B | €3,667 | €3,138 | -€530 | -14.4% |
| Recurring financial charges | 65 | €3,667 | €3,138 | -€530 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €36,785 | €22,595 | -€14,189 | -38.6% |
| Income taxes | 67/77 | €12,496 | €6,816 | -€5,680 | -45.5% |
| Profit (loss) for the period | 9904 | €24,288 | €15,779 | -€8,510 | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,288 | €15,779 | -€8,510 | -35.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.