Ziroo: 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.
Ziroo
Largest movements
- Cash +€139,204
up €139,204 (+465.8%), from €29,887 to €169,091
mainly Receivables within one year (+€78,027) and Net result for the year (+€61,672)
- Receivables within one year -€78,027
down €78,027 (-60.4%), from €129,229 to €51,203
of which Trade receivables: -€62,338
- Tangible fixed assets -€23,968
down €23,968 (-13.4%), from €179,049 to €155,081
- Stocks and contracts -€18,873
down €18,873 (-82.1%), from €22,985 to €4,112
- Profit (loss) carried forward +€58,787
up €58,787, from -€28,050 to €30,737
- Investment grants -€21,525
down €21,525 (-57.4%), from €37,487 to €15,962
- Tax, wage and social debts -€19,810
down €19,810 (-72.0%), from €27,513 to €7,703
of which Taxes: -€17,200
- Debts after one year -€10,124
down €10,124 (-4.7%), from €215,394 to €205,270
of which Financial debts: -€10,124
- Other debts +€8,951
up €8,951 (+73.4%), from €12,195 to €21,146
- Gross operating margin +€55,281
up €55,281 (+106.7%), from €51,800 to €107,081
- Taxes +€9,918
new in 2025: €9,918
- Write-downs +€4,749
new in 2025: €4,749
- Depreciation -€2,898
down €2,898 (-10.8%), from €26,865 to €23,968
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 | €367,811 | €384,011 | +€16,200 | +4.4% |
| Fixed assets | 21/28 | €179,049 | €155,081 | -€23,968 | -13.4% |
| Tangible fixed assets | 22/27 | €179,049 | €155,081 | -€23,968 | -13.4% |
| Land and buildings | 22 | €150,897 | €141,871 | -€9,026 | -6.0% |
| Plant, machinery and equipment | 23 | €9,299 | €3,765 | -€5,534 | -59.5% |
| Furniture and vehicles | 24 | €18,853 | €9,445 | -€9,408 | -49.9% |
| Current assets | 29/58 | €188,762 | €228,930 | +€40,168 | +21.3% |
| Stocks and contracts in progress | 3 | €22,985 | €4,112 | -€18,873 | -82.1% |
| Stocks | 30/36 | €22,985 | €4,112 | -€18,873 | -82.1% |
| Amounts receivable within one year | 40/41 | €129,229 | €51,203 | -€78,027 | -60.4% |
| Trade receivables | 40 | €97,509 | €35,171 | -€62,338 | -63.9% |
| Other amounts receivable | 41 | €31,720 | €16,032 | -€15,688 | -49.5% |
| Cash at bank and in hand | 54/58 | €29,887 | €169,091 | +€139,204 | +465.8% |
| Deferred charges and accrued income | 490/1 | €6,661 | €4,524 | -€2,137 | -32.1% |
| Total equity and liabilities | 10/49 | €367,811 | €384,011 | +€16,200 | +4.4% |
| Equity | 10/15 | €80,436 | €117,699 | +€37,263 | +46.3% |
| Contributions | 10/11 | €71,000 | €71,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,050 | €30,737 | +€58,787 | |
| Investment grants | 15 | €37,487 | €15,962 | -€21,525 | -57.4% |
| Amounts payable | 17/49 | €287,375 | €266,312 | -€21,063 | -7.3% |
| Amounts payable after more than one year | 17 | €215,394 | €205,270 | -€10,124 | -4.7% |
| Financial debts | 170/4 | €175,394 | €165,270 | -€10,124 | -5.8% |
| Other amounts payable | 178/9 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €70,356 | €58,662 | -€11,695 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €11,050 | €11,225 | +€175 | +1.6% |
| Trade debts | 44 | €19,598 | €18,588 | -€1,010 | -5.2% |
| Suppliers | 440/4 | €19,598 | €18,588 | -€1,010 | -5.2% |
| Taxes, remuneration and social security | 45 | €27,513 | €7,703 | -€19,810 | -72.0% |
| Taxes | 450/3 | €24,903 | €7,703 | -€17,200 | -69.1% |
| Remuneration and social security | 454/9 | €2,610 | - | -€2,610 | |
| Other amounts payable | 47/48 | €12,195 | €21,146 | +€8,951 | +73.4% |
| Accrued charges and deferred income | 492/3 | €1,624 | €2,380 | +€756 | +46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,865 | €23,968 | -€2,898 | -10.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,749 | +€4,749 | |
| Other operating charges | 640/8 | €961 | €987 | +€26 | +2.7% |
| Gross operating margin | 9900 | €51,800 | €107,081 | +€55,281 | +106.7% |
| Operating profit (loss) | 9901 | €23,973 | €77,377 | +€53,404 | +222.8% |
| Financial income | 75/76B | €91 | €0 | -€90 | -99.9% |
| Recurring financial income | 75 | €91 | €0 | -€90 | -99.9% |
| Financial charges | 65/66B | €5,342 | €5,787 | +€445 | +8.3% |
| Recurring financial charges | 65 | €5,342 | €5,787 | +€445 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €18,722 | €71,590 | +€52,868 | +282.4% |
| Income taxes | 67/77 | - | €9,918 | +€9,918 | |
| Profit (loss) for the period | 9904 | €18,722 | €61,672 | +€42,950 | +229.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,722 | €61,672 | +€42,950 | +229.4% |
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 8 October 2026 via checked.be.