ZinZin: 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.
ZinZin
Largest movements
- Receivables within one year +€15,370
new in 2025: €15,370
of which Other amounts receivable: +€14,659
- Cash -€2,627
down €2,627 (-4.5%), from €57,771 to €55,144
mainly Receivables within one year (-€15,370) and Other debts (-€5,273)
- Reserves +€9,706
up €9,706 (+33.7%), from €28,808 to €38,514
- Trade debts +€7,845
up €7,845 (+124.0%), from €6,328 to €14,173
- Other debts -€5,273
down €5,273 (-96.7%), from €5,455 to €183
- Gross operating margin -€27,470
down €27,470 (-63.9%), from €43,013 to €15,543
- Taxes -€9,107
down €9,107 (-67.8%), from €13,428 to €4,321
- Depreciation +€637
up €637 (+235.0%), from €271 to €907
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 | €65,739 | €78,639 | +€12,899 | +19.6% |
| Fixed assets | 21/28 | €7,922 | €8,076 | +€154 | +1.9% |
| Tangible fixed assets | 22/27 | €7,922 | €8,076 | +€154 | +1.9% |
| Land and buildings | 22 | €3,846 | €3,434 | -€411 | -10.7% |
| Furniture and vehicles | 24 | - | €973 | +€973 | |
| Other tangible fixed assets | 26 | €4,076 | €3,668 | -€408 | -10.0% |
| Current assets | 29/58 | €57,818 | €70,563 | +€12,745 | +22.0% |
| Amounts receivable within one year | 40/41 | - | €15,370 | +€15,370 | |
| Trade receivables | 40 | - | €712 | +€712 | |
| Other amounts receivable | 41 | - | €14,659 | +€14,659 | |
| Cash at bank and in hand | 54/58 | €57,771 | €55,144 | -€2,627 | -4.5% |
| Deferred charges and accrued income | 490/1 | €47 | €49 | +€2 | +4.0% |
| Total equity and liabilities | 10/49 | €65,739 | €78,639 | +€12,899 | +19.6% |
| Equity | 10/15 | €38,808 | €48,514 | +€9,706 | +25.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €28,808 | €38,514 | +€9,706 | +33.7% |
| Distributable reserves | 133 | €28,808 | €38,514 | +€9,706 | +33.7% |
| Amounts payable | 17/49 | €26,932 | €30,125 | +€3,193 | +11.9% |
| Amounts payable within one year | 42/48 | €26,932 | €30,125 | +€3,193 | +11.9% |
| Trade debts | 44 | €6,328 | €14,173 | +€7,845 | +124.0% |
| Suppliers | 440/4 | €6,328 | €14,173 | +€7,845 | +124.0% |
| Taxes, remuneration and social security | 45 | €15,149 | €15,770 | +€621 | +4.1% |
| Taxes | 450/3 | €15,149 | €13,947 | -€1,202 | -7.9% |
| Remuneration and social security | 454/9 | - | €1,823 | +€1,823 | |
| Other amounts payable | 47/48 | €5,455 | €183 | -€5,273 | -96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €271 | €907 | +€637 | +235.0% |
| Other operating charges | 640/8 | €387 | €520 | +€132 | +34.2% |
| Gross operating margin | 9900 | €43,013 | €15,543 | -€27,470 | -63.9% |
| Operating profit (loss) | 9901 | €42,355 | €14,116 | -€28,239 | -66.7% |
| Financial income | 75/76B | - | €130 | +€130 | |
| Recurring financial income | 75 | - | €130 | +€130 | |
| Financial charges | 65/66B | €120 | €219 | +€99 | +82.1% |
| Recurring financial charges | 65 | €120 | €219 | +€99 | +82.1% |
| Profit (loss) for the period before taxes | 9903 | €42,235 | €14,027 | -€28,208 | -66.8% |
| Income taxes | 67/77 | €13,428 | €4,321 | -€9,107 | -67.8% |
| Profit (loss) for the period | 9904 | €28,808 | €9,706 | -€19,102 | -66.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,808 | €9,706 | -€19,102 | -66.3% |
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.