ZIRKONIA: 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.
ZIRKONIA
Largest movements
- Cash -€1,876
down €1,876 (-14.1%), from €13,297 to €11,421
mainly Net result for the year (-€2,201) and Trade debts (-€153)
- Receivables within one year -€492
down €492 (-4.8%), from €10,215 to €9,723
- Profit (loss) carried forward -€2,201
new in 2025: -€2,201
- Gross operating margin -€2,702
down €2,702, from €1,503 to -€1,199
- Depreciation -€223
no longer reported in 2025 (was €223)
- Financial income +€41
up €41 (+116%), from €36 to €77
- Financial charges -€31
down €31 (-19.1%), from €164 to €133
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 | €23,513 | €21,144 | -€2,368 | -10.1% |
| Current assets | 29/58 | €23,513 | €21,144 | -€2,368 | -10.1% |
| Amounts receivable within one year | 40/41 | €10,215 | €9,723 | -€492 | -4.8% |
| Other amounts receivable | 41 | €10,215 | €9,723 | -€492 | -4.8% |
| Cash at bank and in hand | 54/58 | €13,297 | €11,421 | -€1,876 | -14.1% |
| Total equity and liabilities | 10/49 | €23,513 | €21,144 | -€2,368 | -10.1% |
| Equity | 10/15 | €22,993 | €20,792 | -€2,201 | -9.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €10,593 | €10,593 | = | 0.0% |
| Distributable reserves | 133 | €10,593 | €10,593 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,201 | -€2,201 | |
| Amounts payable | 17/49 | €519 | €352 | -€167 | -32.2% |
| Amounts payable within one year | 42/48 | €519 | €352 | -€167 | -32.2% |
| Trade debts | 44 | €191 | €38 | -€153 | -79.9% |
| Suppliers | 440/4 | €191 | €38 | -€153 | -79.9% |
| Taxes, remuneration and social security | 45 | €328 | €314 | -€14 | -4.3% |
| Taxes | 450/3 | €328 | €314 | -€14 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €223 | - | -€223 | |
| Other operating charges | 640/8 | €595 | €610 | +€14 | +2.4% |
| Gross operating margin | 9900 | €1,503 | -€1,199 | -€2,702 | |
| Operating profit (loss) | 9901 | €685 | -€1,809 | -€2,494 | |
| Financial income | 75/76B | €36 | €77 | +€41 | +116% |
| Recurring financial income | 75 | €36 | €77 | +€41 | +116% |
| Financial charges | 65/66B | €164 | €133 | -€31 | -19.1% |
| Recurring financial charges | 65 | €164 | €133 | -€31 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €557 | -€1,864 | -€2,421 | |
| Income taxes | 67/77 | €328 | €337 | +€9 | +2.7% |
| Profit (loss) for the period | 9904 | €229 | -€2,201 | -€2,430 | |
| Profit (loss) for the period to be appropriated | 9905 | €229 | -€2,201 | -€2,430 |
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 21 October 2026 via checked.be.