Zinnings: what changed
Zinnings
Largest movements
- Cash -€19,138
down €19,138 (-29.8%), from €64,189 to €45,051
mainly Net result for the year (-€14,062) and Tax, wage and social debts (-€3,036)
- Tangible fixed assets -€1,206
down €1,206 (-40.3%), from €2,994 to €1,789
- Stocks and contracts +€807
new in 2025: €807
- Profit (loss) carried forward -€14,062
down €14,062, from €6,853 to -€7,209
- Tax, wage and social debts -€3,036
down €3,036 (-100%), from €3,036 to €0
- Trade debts -€2,050
down €2,050 (-63.6%), from €3,224 to €1,174
- Gross operating margin -€35,175
down €35,175, from €22,762 to -€12,413
- Taxes -€3,716
down €3,716 (-100%), from €3,716 to €0
- Depreciation +€583
up €583 (+93.7%), from €623 to €1,206
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 | €70,051 | €50,903 | -€19,148 | -27.3% |
| Fixed assets | 21/28 | €3,692 | €2,486 | -€1,206 | -32.7% |
| Tangible fixed assets | 22/27 | €2,994 | €1,789 | -€1,206 | -40.3% |
| Furniture and vehicles | 24 | €2,994 | €1,789 | -€1,206 | -40.3% |
| Financial fixed assets | 28 | €698 | €698 | = | 0.0% |
| Current assets | 29/58 | €66,359 | €48,417 | -€17,942 | -27.0% |
| Stocks and contracts in progress | 3 | - | €807 | +€807 | |
| Stocks | 30/36 | - | €807 | +€807 | |
| Amounts receivable within one year | 40/41 | €1,284 | €1,497 | +€213 | +16.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,284 | €1,497 | +€213 | +16.6% |
| Current investments | 50/53 | €500 | €500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €64,189 | €45,051 | -€19,138 | -29.8% |
| Deferred charges and accrued income | 490/1 | €386 | €562 | +€176 | +45.5% |
| Total equity and liabilities | 10/49 | €70,051 | €50,903 | -€19,148 | -27.3% |
| Equity | 10/15 | €63,071 | €49,009 | -€14,062 | -22.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €50,018 | €50,018 | = | 0.0% |
| Distributable reserves | 133 | €50,018 | €50,018 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,853 | -€7,209 | -€14,062 | |
| Amounts payable | 17/49 | €6,979 | €1,894 | -€5,086 | -72.9% |
| Amounts payable within one year | 42/48 | €6,979 | €1,894 | -€5,086 | -72.9% |
| Trade debts | 44 | €3,224 | €1,174 | -€2,050 | -63.6% |
| Suppliers | 440/4 | €3,224 | €1,174 | -€2,050 | -63.6% |
| Taxes, remuneration and social security | 45 | €3,036 | €0 | -€3,036 | -100% |
| Taxes | 450/3 | €3,036 | €0 | -€3,036 | -100% |
| Other amounts payable | 47/48 | €720 | €720 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €623 | €1,206 | +€583 | +93.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €22,762 | -€12,413 | -€35,175 | |
| Operating profit (loss) | 9901 | €21,752 | -€14,018 | -€35,770 | |
| Financial income | 75/76B | €3 | €17 | +€13 | +404% |
| Recurring financial income | 75 | €3 | €17 | +€13 | +404% |
| Financial charges | 65/66B | €44 | €60 | +€16 | +37.3% |
| Recurring financial charges | 65 | €44 | €60 | +€16 | +37.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €21,711 | -€14,062 | -€35,773 | |
| Income taxes | 67/77 | €3,716 | €0 | -€3,716 | -100% |
| Profit (loss) for the period | 9904 | €17,995 | -€14,062 | -€32,057 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,995 | -€14,062 | -€32,057 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.