ZIPTOOL: what changed
Two fiscal 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.
ZIPTOOL
Largest movements
- Intangible fixed assets -€114,724
down €114,724 (-100.0%), from €114,724 to €0
- Tangible fixed assets -€49,986
down €49,986 (-16.1%), from €309,674 to €259,688
of which Plant, machinery and equipment: -€41,315
- Stocks and contracts -€25,377
down €25,377 (-100.0%), from €25,377 to €0
of which Contracts in progress: -€15,647
- Profit (loss) carried forward -€187,148
down €187,148 (-87.4%), from -€214,166 to -€401,314
- Write-downs +€25,377
new in 2025: €25,377
- Depreciation -€14,221
down €14,221 (-22.1%), from €64,207 to €49,986
- Gross operating margin +€13,642
up €13,642, from -€10,058 to €3,583
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 | €451,713 | €260,845 | -€190,868 | -42.3% |
| Fixed assets | 21/28 | €424,398 | €259,688 | -€164,710 | -38.8% |
| Intangible fixed assets | 21 | €114,724 | €0 | -€114,724 | -100.0% |
| Tangible fixed assets | 22/27 | €309,674 | €259,688 | -€49,986 | -16.1% |
| Plant, machinery and equipment | 23 | €286,329 | €245,014 | -€41,315 | -14.4% |
| Furniture and vehicles | 24 | €23,345 | €14,674 | -€8,671 | -37.1% |
| Current assets | 29/58 | €27,315 | €1,157 | -€26,158 | -95.8% |
| Stocks and contracts in progress | 3 | €25,377 | €0 | -€25,377 | -100.0% |
| Stocks | 30/36 | €9,730 | €0 | -€9,730 | -100.0% |
| Contracts in progress | 37 | €15,647 | €0 | -€15,647 | -100.0% |
| Amounts receivable within one year | 40/41 | €1,574 | €215 | -€1,359 | -86.3% |
| Trade receivables | 40 | €1,513 | €0 | -€1,513 | -100.0% |
| Other amounts receivable | 41 | €62 | €215 | +€154 | +249.1% |
| Cash at bank and in hand | 54/58 | €140 | €942 | +€801 | +570.6% |
| Deferred charges and accrued income | 490/1 | €223 | €0 | -€223 | -100.0% |
| Total equity and liabilities | 10/49 | €451,713 | €260,845 | -€190,868 | -42.3% |
| Equity | 10/15 | -€152,666 | -€339,814 | -€187,148 | -122.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€214,166 | -€401,314 | -€187,148 | -87.4% |
| Amounts payable | 17/49 | €604,379 | €600,659 | -€3,720 | -0.6% |
| Amounts payable after more than one year | 17 | €70,000 | €70,000 | = | 0.0% |
| Other amounts payable | 178/9 | €70,000 | €70,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €534,379 | €530,659 | -€3,720 | -0.7% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €534,379 | €530,659 | -€3,720 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,207 | €49,986 | -€14,221 | -22.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €25,377 | +€25,377 | |
| Other operating charges | 640/8 | €652 | €593 | -€59 | -9.0% |
| Non-recurring operating charges | 66A | - | €114,724 | +€114,724 | |
| Gross operating margin | 9900 | -€10,058 | €3,583 | +€13,642 | |
| Operating profit (loss) | 9901 | -€74,917 | -€187,097 | -€112,180 | -149.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €69 | €51 | -€18 | -25.6% |
| Recurring financial charges | 65 | €69 | €51 | -€18 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | -€74,986 | -€187,148 | -€112,163 | -149.6% |
| Profit (loss) for the period | 9904 | -€74,986 | -€187,148 | -€112,163 | -149.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€74,986 | -€187,148 | -€112,163 | -149.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.