ZIPPRO: 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.
ZIPPRO
Largest movements
- Receivables within one year -€6,239
down €6,239 (-17.8%), from €34,990 to €28,751
of which Trade receivables: -€7,422
- Tangible fixed assets -€3,128
down €3,128 (-100%), from €3,128 to €0
of which Furniture and vehicles: -€1,808
- Cash -€863
down €863 (-6.7%), from €12,853 to €11,990
mainly Trade debts (-€4,911) and Net result for the year (-€4,126)
- Trade debts -€4,911
down €4,911 (-32.6%), from €15,070 to €10,159
- Profit (loss) carried forward -€4,126
new in 2025: -€4,126
- Tax, wage and social debts -€1,193
down €1,193 (-53.8%), from €2,217 to €1,024
- Depreciation -€3,433
down €3,433 (-52.3%), from €6,561 to €3,128
- Gross operating margin -€2,749
down €2,749 (-27.9%), from €9,841 to €7,093
- Financial charges +€1,492
up €1,492 (+1,170%), from €128 to €1,620
- Taxes -€451
down €451 (-61.1%), from €737 to €286
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 | €50,971 | €40,741 | -€10,230 | -20.1% |
| Fixed assets | 21/28 | €3,128 | €0 | -€3,128 | -100% |
| Tangible fixed assets | 22/27 | €3,128 | €0 | -€3,128 | -100% |
| Plant, machinery and equipment | 23 | €1,320 | €0 | -€1,320 | -100% |
| Furniture and vehicles | 24 | €1,808 | €0 | -€1,808 | -100% |
| Current assets | 29/58 | €47,843 | €40,741 | -€7,102 | -14.8% |
| Amounts receivable within one year | 40/41 | €34,990 | €28,751 | -€6,239 | -17.8% |
| Trade receivables | 40 | €25,495 | €18,074 | -€7,422 | -29.1% |
| Other amounts receivable | 41 | €9,495 | €10,678 | +€1,183 | +12.5% |
| Cash at bank and in hand | 54/58 | €12,853 | €11,990 | -€863 | -6.7% |
| Total equity and liabilities | 10/49 | €50,971 | €40,741 | -€10,230 | -20.1% |
| Equity | 10/15 | €33,684 | €29,558 | -€4,126 | -12.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €13,224 | €13,224 | = | 0.0% |
| Distributable reserves | 133 | €13,224 | €13,224 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,126 | -€4,126 | |
| Amounts payable | 17/49 | €17,287 | €11,183 | -€6,104 | -35.3% |
| Amounts payable within one year | 42/48 | €17,287 | €11,183 | -€6,104 | -35.3% |
| Trade debts | 44 | €15,070 | €10,159 | -€4,911 | -32.6% |
| Suppliers | 440/4 | €15,070 | €10,159 | -€4,911 | -32.6% |
| Taxes, remuneration and social security | 45 | €2,217 | €1,024 | -€1,193 | -53.8% |
| Taxes | 450/3 | €2,217 | €1,024 | -€1,193 | -53.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,561 | €3,128 | -€3,433 | -52.3% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Non-recurring operating charges | 66A | €861 | €6,064 | +€5,203 | +604% |
| Gross operating margin | 9900 | €9,841 | €7,093 | -€2,749 | -27.9% |
| Operating profit (loss) | 9901 | €2,301 | -€2,220 | -€4,521 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €128 | €1,620 | +€1,492 | +1,170% |
| Recurring financial charges | 65 | €128 | €1,620 | +€1,492 | +1,170% |
| Profit (loss) for the period before taxes | 9903 | €2,174 | -€3,840 | -€6,013 | |
| Income taxes | 67/77 | €737 | €286 | -€451 | -61.1% |
| Profit (loss) for the period | 9904 | €1,436 | -€4,126 | -€5,563 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,436 | -€4,126 | -€5,563 |
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 18 October 2026 via checked.be.