ZITA: 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.
ZITA
Largest movements
- Tangible fixed assets -€22,770
down €22,770 (-5.1%), from €450,220 to €427,450
of which Land and buildings: -€21,968
- Cash +€17,736
up €17,736 (+108%), from €16,393 to €34,129
mainly Depreciation (+€22,770) and Net result for the year (+€11,786)
- Other debts -€16,000
down €16,000 (-3.6%), from €445,548 to €429,548
- Reserves +€8,790
up €8,790 (+35.3%), from €24,923 to €33,713
- Taxes +€2,267
up €2,267 (+69.6%), from €3,256 to €5,523
- Depreciation -€1,460
down €1,460 (-6.0%), from €24,230 to €22,770
- Gross operating margin -€646
down €646 (-1.4%), from €46,074 to €45,428
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 | €474,761 | €469,983 | -€4,778 | -1.0% |
| Fixed assets | 21/28 | €450,310 | €427,540 | -€22,770 | -5.1% |
| Tangible fixed assets | 22/27 | €450,220 | €427,450 | -€22,770 | -5.1% |
| Land and buildings | 22 | €448,497 | €426,529 | -€21,968 | -4.9% |
| Plant, machinery and equipment | 23 | €1,115 | €921 | -€194 | -17.4% |
| Furniture and vehicles | 24 | €608 | €0 | -€608 | -100% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €24,451 | €42,443 | +€17,992 | +73.6% |
| Amounts receivable within one year | 40/41 | €2,923 | €3,010 | +€87 | +3.0% |
| Trade receivables | 40 | €2,179 | €2,266 | +€87 | +4.0% |
| Other amounts receivable | 41 | €744 | €744 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,393 | €34,129 | +€17,736 | +108% |
| Deferred charges and accrued income | 490/1 | €5,135 | €5,304 | +€169 | +3.3% |
| Total equity and liabilities | 10/49 | €474,761 | €469,983 | -€4,778 | -1.0% |
| Equity | 10/15 | €28,127 | €39,913 | +€11,786 | +41.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,923 | €33,713 | +€8,790 | +35.3% |
| Distributable reserves | 133 | €24,923 | €33,713 | +€8,790 | +35.3% |
| Profit (loss) carried forward | 14 | -€2,996 | €0 | +€2,996 | |
| Amounts payable | 17/49 | €446,634 | €430,071 | -€16,564 | -3.7% |
| Amounts payable within one year | 42/48 | €446,634 | €430,071 | -€16,564 | -3.7% |
| Trade debts | 44 | €1,087 | €0 | -€1,087 | -100% |
| Suppliers | 440/4 | €1,087 | €0 | -€1,087 | -100% |
| Taxes, remuneration and social security | 45 | €0 | €523 | +€523 | |
| Taxes | 450/3 | €0 | €523 | +€523 | |
| Other amounts payable | 47/48 | €445,548 | €429,548 | -€16,000 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,230 | €22,770 | -€1,460 | -6.0% |
| Other operating charges | 640/8 | €5,125 | €5,289 | +€163 | +3.2% |
| Gross operating margin | 9900 | €46,074 | €45,428 | -€646 | -1.4% |
| Operating profit (loss) | 9901 | €16,718 | €17,369 | +€651 | +3.9% |
| Financial charges | 65/66B | €45 | €60 | +€15 | +33.9% |
| Recurring financial charges | 65 | €45 | €60 | +€15 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | €16,673 | €17,309 | +€636 | +3.8% |
| Income taxes | 67/77 | €3,256 | €5,523 | +€2,267 | +69.6% |
| Profit (loss) for the period | 9904 | €13,417 | €11,786 | -€1,631 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,417 | €11,786 | -€1,631 | -12.2% |
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 20 October 2026 via checked.be.