ZIOZIO: 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.
ZIOZIO
Largest movements
- Cash +€20,689
up €20,689 (+67.5%), from €30,629 to €51,318
mainly Trade debts (+€13,255) and Depreciation (+€12,666)
- Receivables within one year +€15,843
up €15,843 (+233%), from €6,806 to €22,649
- Tangible fixed assets -€10,806
down €10,806 (-27.5%), from €39,236 to €28,430
- Stocks and contracts -€1,767
down €1,767 (-6.7%), from €26,255 to €24,488
- Trade debts +€13,255
up €13,255 (+405%), from €3,270 to €16,525
- Reserves +€11,543
up €11,543 (+19.5%), from €59,275 to €70,818
of which Distributable reserves: +€11,543
- Tax, wage and social debts +€6,673
up €6,673 (+109%), from €6,113 to €12,786
of which Taxes: +€6,184
- Debts after one year -€6,250
down €6,250 (-62.6%), from €9,982 to €3,732
- Gross operating margin +€8,470
up €8,470 (+15.2%), from €55,762 to €64,232
- Taxes +€5,315
up €5,315 (+197%), from €2,699 to €8,015
- Other operating charges -€4,188
down €4,188 (-73.8%), from €5,671 to €1,483
- Staff costs -€3,371
down €3,371 (-11.0%), from €30,668 to €27,297
- Financial charges +€1,154
up €1,154 (+53.5%), from €2,156 to €3,310
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 | €103,579 | €128,711 | +€25,132 | +24.3% |
| Fixed assets | 21/28 | €39,436 | €28,630 | -€10,806 | -27.4% |
| Tangible fixed assets | 22/27 | €39,236 | €28,430 | -€10,806 | -27.5% |
| Land and buildings | 22 | €12,922 | €8,611 | -€4,311 | -33.4% |
| Plant, machinery and equipment | 23 | €15,615 | €12,022 | -€3,592 | -23.0% |
| Furniture and vehicles | 24 | €10,700 | €7,797 | -€2,902 | -27.1% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €64,143 | €100,080 | +€35,938 | +56.0% |
| Stocks and contracts in progress | 3 | €26,255 | €24,488 | -€1,767 | -6.7% |
| Stocks | 30/36 | €26,255 | €24,488 | -€1,767 | -6.7% |
| Amounts receivable within one year | 40/41 | €6,806 | €22,649 | +€15,843 | +233% |
| Other amounts receivable | 41 | €6,806 | €22,649 | +€15,843 | +233% |
| Cash at bank and in hand | 54/58 | €30,629 | €51,318 | +€20,689 | +67.5% |
| Deferred charges and accrued income | 490/1 | €452 | €1,626 | +€1,173 | +259% |
| Total equity and liabilities | 10/49 | €103,579 | €128,711 | +€25,132 | +24.3% |
| Equity | 10/15 | €77,875 | €89,418 | +€11,543 | +14.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €59,275 | €70,818 | +€11,543 | +19.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €57,415 | €68,958 | +€11,543 | +20.1% |
| Amounts payable | 17/49 | €25,704 | €39,293 | +€13,589 | +52.9% |
| Amounts payable after more than one year | 17 | €9,982 | €3,732 | -€6,250 | -62.6% |
| Financial debts | 170/4 | €9,982 | €3,732 | -€6,250 | -62.6% |
| Amounts payable within one year | 42/48 | €15,452 | €35,561 | +€20,110 | +130% |
| Current portion of amounts payable after more than one year | 42 | €6,069 | €6,250 | +€181 | +3.0% |
| Trade debts | 44 | €3,270 | €16,525 | +€13,255 | +405% |
| Suppliers | 440/4 | €3,270 | €16,525 | +€13,255 | +405% |
| Taxes, remuneration and social security | 45 | €6,113 | €12,786 | +€6,673 | +109% |
| Taxes | 450/3 | €2,264 | €8,448 | +€6,184 | +273% |
| Remuneration and social security | 454/9 | €3,849 | €4,338 | +€489 | +12.7% |
| Accrued charges and deferred income | 492/3 | €270 | - | -€270 | |
| Remuneration, social security and pensions | 62 | €30,668 | €27,297 | -€3,371 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,721 | €12,666 | -€55 | -0.4% |
| Other operating charges | 640/8 | €5,671 | €1,483 | -€4,188 | -73.8% |
| Gross operating margin | 9900 | €55,762 | €64,232 | +€8,470 | +15.2% |
| Operating profit (loss) | 9901 | €6,702 | €22,786 | +€16,085 | +240% |
| Financial income | 75/76B | €119 | €81 | -€39 | -32.3% |
| Recurring financial income | 75 | €119 | €81 | -€39 | -32.3% |
| Financial charges | 65/66B | €2,156 | €3,310 | +€1,154 | +53.5% |
| Recurring financial charges | 65 | €2,156 | €3,310 | +€1,154 | +53.5% |
| Profit (loss) for the period before taxes | 9903 | €4,665 | €19,557 | +€14,892 | +319% |
| Income taxes | 67/77 | €2,699 | €8,015 | +€5,315 | +197% |
| Profit (loss) for the period | 9904 | €1,965 | €11,543 | +€9,577 | +487% |
| Profit (loss) for the period to be appropriated | 9905 | €1,965 | €11,543 | +€9,577 | +487% |
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 24 October 2026 via checked.be.