ZINOBIS: 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.
ZINOBIS
Largest movements
- Current investments -€27,908
down €27,908 (-46.4%), from €60,195 to €32,287
- Cash -€12,259
down €12,259 (-52.5%), from €23,356 to €11,097
mainly Contributions, distributions and other (-€49,841) and Tax, wage and social debts (-€13,550)
- Tangible fixed assets -€11,840
down €11,840 (-10.8%), from €109,169 to €97,329
of which Land and buildings: -€7,164
- Receivables within one year -€10,889
down €10,889 (-49.4%), from €22,057 to €11,168
of which Trade receivables: -€20,328
- Reserves -€48,186
down €48,186 (-26.5%), from €182,129 to €133,943
- Tax, wage and social debts -€13,550
no longer reported in 2025 (was €13,550)
of which Taxes: -€10,262
- Gross operating margin -€81,233
down €81,233 (-81.0%), from €100,334 to €19,101
- Taxes -€16,243
down €16,243 (-88.9%), from €18,271 to €2,028
- Depreciation -€9,960
down €9,960 (-43.9%), from €22,667 to €12,706
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 | €215,771 | €152,937 | -€62,834 | -29.1% |
| Fixed assets | 21/28 | €109,169 | €97,329 | -€11,840 | -10.8% |
| Tangible fixed assets | 22/27 | €109,169 | €97,329 | -€11,840 | -10.8% |
| Land and buildings | 22 | €56,972 | €49,808 | -€7,164 | -12.6% |
| Plant, machinery and equipment | 23 | €4,235 | €3,585 | -€650 | -15.3% |
| Furniture and vehicles | 24 | €47,963 | €43,937 | -€4,026 | -8.4% |
| Current assets | 29/58 | €106,601 | €55,608 | -€50,994 | -47.8% |
| Amounts receivable within one year | 40/41 | €22,057 | €11,168 | -€10,889 | -49.4% |
| Trade receivables | 40 | €20,328 | - | -€20,328 | |
| Other amounts receivable | 41 | €1,729 | €11,168 | +€9,439 | +545.9% |
| Current investments | 50/53 | €60,195 | €32,287 | -€27,908 | -46.4% |
| Cash at bank and in hand | 54/58 | €23,356 | €11,097 | -€12,259 | -52.5% |
| Deferred charges and accrued income | 490/1 | €993 | €1,055 | +€62 | +6.2% |
| Total equity and liabilities | 10/49 | €215,771 | €152,937 | -€62,834 | -29.1% |
| Equity | 10/15 | €191,683 | €143,497 | -€48,186 | -25.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €182,129 | €133,943 | -€48,186 | -26.5% |
| Distributable reserves | 133 | €182,129 | €133,943 | -€48,186 | -26.5% |
| Profit (loss) carried forward | 14 | €3,354 | €3,354 | = | 0.0% |
| Amounts payable | 17/49 | €24,088 | €9,440 | -€14,648 | -60.8% |
| Amounts payable within one year | 42/48 | €24,088 | €9,440 | -€14,648 | -60.8% |
| Financial debts | 43 | €8 | €252 | +€244 | +2950.6% |
| Credit institutions | 430/8 | €8 | €252 | +€244 | +2950.6% |
| Trade debts | 44 | €1,288 | €1,252 | -€36 | -2.8% |
| Suppliers | 440/4 | €1,288 | €1,252 | -€36 | -2.8% |
| Taxes, remuneration and social security | 45 | €13,550 | - | -€13,550 | |
| Taxes | 450/3 | €10,262 | - | -€10,262 | |
| Remuneration and social security | 454/9 | €3,287 | - | -€3,287 | |
| Other amounts payable | 47/48 | €9,242 | €7,936 | -€1,306 | -14.1% |
| Non-recurring operating income | 76A | €7,500 | - | -€7,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,667 | €12,706 | -€9,960 | -43.9% |
| Other operating charges | 640/8 | €2,225 | €2,470 | +€244 | +11.0% |
| Gross operating margin | 9900 | €100,334 | €19,101 | -€81,233 | -81.0% |
| Operating profit (loss) | 9901 | €75,442 | €3,925 | -€71,517 | -94.8% |
| Financial income | 75/76B | €200 | €454 | +€253 | +126.4% |
| Recurring financial income | 75 | €200 | €454 | +€253 | +126.4% |
| Financial charges | 65/66B | €733 | €695 | -€38 | -5.1% |
| Recurring financial charges | 65 | €733 | €695 | -€38 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €74,909 | €3,683 | -€71,226 | -95.1% |
| Income taxes | 67/77 | €18,271 | €2,028 | -€16,243 | -88.9% |
| Profit (loss) for the period | 9904 | €56,638 | €1,655 | -€54,983 | -97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,638 | €1,655 | -€54,983 | -97.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.