Ziplip: 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.
Ziplip
Largest movements
- Cash +€3,792
up €3,792 (+27.3%), from €13,873 to €17,664
mainly Net result for the year (+€11,708) and Depreciation (+€5,956)
- Deferred charges and accrued income +€1,737
up €1,737 (+154%), from €1,129 to €2,865
- Reserves +€5,576
up €5,576 (+7.9%), from €70,840 to €76,415
of which Distributable reserves: +€5,576
- Debts after one year -€3,701
down €3,701 (-58.2%), from €6,360 to €2,659
- Accrued charges and deferred income +€1,934
up €1,934 (+406%), from €476 to €2,410
- Other debts +€1,539
up €1,539 (+13.6%), from €11,354 to €12,893
- Trade debts +€1,451
up €1,451 (+59.0%), from €2,459 to €3,910
- Gross operating margin -€5,826
down €5,826 (-17.1%), from €34,095 to €28,269
- Financial charges +€3,246
up €3,246 (+349%), from €930 to €4,176
- Depreciation -€2,807
down €2,807 (-32.0%), from €8,763 to €5,956
- Taxes -€1,761
down €1,761 (-22.9%), from €7,688 to €5,928
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 | €117,859 | €124,083 | +€6,224 | +5.3% |
| Fixed assets | 21/28 | €15,003 | €16,048 | +€1,045 | +7.0% |
| Tangible fixed assets | 22/27 | €15,003 | €16,048 | +€1,045 | +7.0% |
| Plant, machinery and equipment | 23 | €324 | €1,810 | +€1,486 | +458% |
| Furniture and vehicles | 24 | €4,294 | €6,642 | +€2,348 | +54.7% |
| Leasing and similar rights | 25 | €10,385 | €7,596 | -€2,789 | -26.9% |
| Current assets | 29/58 | €102,856 | €108,035 | +€5,179 | +5.0% |
| Amounts receivable within one year | 40/41 | €17,386 | €17,742 | +€356 | +2.0% |
| Trade receivables | 40 | €14,282 | €14,623 | +€342 | +2.4% |
| Other amounts receivable | 41 | €3,104 | €3,119 | +€15 | +0.5% |
| Current investments | 50/53 | €70,468 | €69,763 | -€705 | -1.0% |
| Cash at bank and in hand | 54/58 | €13,873 | €17,664 | +€3,792 | +27.3% |
| Deferred charges and accrued income | 490/1 | €1,129 | €2,865 | +€1,737 | +154% |
| Total equity and liabilities | 10/49 | €117,859 | €124,083 | +€6,224 | +5.3% |
| Equity | 10/15 | €83,240 | €88,815 | +€5,576 | +6.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €70,840 | €76,415 | +€5,576 | +7.9% |
| Tax-exempt reserves | 132 | €160 | €160 | = | 0.0% |
| Distributable reserves | 133 | €70,680 | €76,255 | +€5,576 | +7.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €34,620 | €35,268 | +€648 | +1.9% |
| Amounts payable after more than one year | 17 | €6,360 | €2,659 | -€3,701 | -58.2% |
| Financial debts | 170/4 | €6,360 | €2,659 | -€3,701 | -58.2% |
| Amounts payable within one year | 42/48 | €27,784 | €30,199 | +€2,415 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €3,471 | €3,701 | +€230 | +6.6% |
| Trade debts | 44 | €2,459 | €3,910 | +€1,451 | +59.0% |
| Suppliers | 440/4 | €2,459 | €3,910 | +€1,451 | +59.0% |
| Taxes, remuneration and social security | 45 | €10,499 | €9,694 | -€805 | -7.7% |
| Taxes | 450/3 | €10,499 | €9,694 | -€805 | -7.7% |
| Other amounts payable | 47/48 | €11,354 | €12,893 | +€1,539 | +13.6% |
| Accrued charges and deferred income | 492/3 | €476 | €2,410 | +€1,934 | +406% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,763 | €5,956 | -€2,807 | -32.0% |
| Other operating charges | 640/8 | €691 | €923 | +€231 | +33.5% |
| Gross operating margin | 9900 | €34,095 | €28,269 | -€5,826 | -17.1% |
| Operating profit (loss) | 9901 | €24,641 | €21,390 | -€3,251 | -13.2% |
| Financial income | 75/76B | €377 | €421 | +€45 | +11.8% |
| Recurring financial income | 75 | €377 | €421 | +€45 | +11.8% |
| Financial charges | 65/66B | €930 | €4,176 | +€3,246 | +349% |
| Recurring financial charges | 65 | €930 | €4,176 | +€3,246 | +349% |
| Profit (loss) for the period before taxes | 9903 | €24,088 | €17,635 | -€6,452 | -26.8% |
| Income taxes | 67/77 | €7,688 | €5,928 | -€1,761 | -22.9% |
| Profit (loss) for the period | 9904 | €16,399 | €11,708 | -€4,692 | -28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,399 | €11,708 | -€4,692 | -28.6% |
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 27 October 2026 via checked.be.