ZIZOH: 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.
ZIZOH
Largest movements
- Tangible fixed assets +€32,287
new in 2025: €32,287
- Receivables within one year +€18,078
up €18,078 (+179%), from €10,094 to €28,172
- Cash +€645
up €645 (+560%), from €115 to €761
mainly Net result for the year (+€39,778) and Tax, wage and social debts (+€9,968)
- Reserves +€39,778
up €39,778 (+1,926%), from €2,065 to €41,843
- Tax, wage and social debts +€9,968
up €9,968 (+147%), from €6,797 to €16,765
- Other debts +€907
up €907 (+79.0%), from €1,149 to €2,056
- Gross operating margin +€52,231
up €52,231 (+1,365%), from €3,828 to €56,059
- Taxes +€13,638
up €13,638 (+962%), from €1,417 to €15,055
- Depreciation +€990
new in 2025: €990
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 | €10,209 | €61,220 | +€51,011 | +500% |
| Fixed assets | 21/28 | - | €32,287 | +€32,287 | |
| Tangible fixed assets | 22/27 | - | €32,287 | +€32,287 | |
| Furniture and vehicles | 24 | - | €32,287 | +€32,287 | |
| Current assets | 29/58 | €10,209 | €28,933 | +€18,724 | +183% |
| Amounts receivable within one year | 40/41 | €10,094 | €28,172 | +€18,078 | +179% |
| Trade receivables | 40 | €10,094 | €28,172 | +€18,078 | +179% |
| Cash at bank and in hand | 54/58 | €115 | €761 | +€645 | +560% |
| Total equity and liabilities | 10/49 | €10,209 | €61,220 | +€51,011 | +500% |
| Equity | 10/15 | €2,165 | €41,943 | +€39,778 | +1,837% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €2,065 | €41,843 | +€39,778 | +1,926% |
| Distributable reserves | 133 | €2,065 | €41,843 | +€39,778 | +1,926% |
| Amounts payable | 17/49 | €8,044 | €19,278 | +€11,233 | +140% |
| Amounts payable within one year | 42/48 | €7,946 | €19,172 | +€11,226 | +141% |
| Trade debts | 44 | - | €350 | +€350 | |
| Suppliers | 440/4 | - | €350 | +€350 | |
| Taxes, remuneration and social security | 45 | €6,797 | €16,765 | +€9,968 | +147% |
| Taxes | 450/3 | €6,797 | €16,765 | +€9,968 | +147% |
| Other amounts payable | 47/48 | €1,149 | €2,056 | +€907 | +79.0% |
| Accrued charges and deferred income | 492/3 | €98 | €106 | +€8 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €990 | +€990 | |
| Other operating charges | 640/8 | €270 | €191 | -€79 | -29.3% |
| Gross operating margin | 9900 | €3,828 | €56,059 | +€52,231 | +1,365% |
| Operating profit (loss) | 9901 | €3,557 | €54,878 | +€51,321 | +1,443% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €75 | €45 | -€30 | -39.7% |
| Recurring financial charges | 65 | €75 | €45 | -€30 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €3,482 | €54,832 | +€51,350 | +1,475% |
| Income taxes | 67/77 | €1,417 | €15,055 | +€13,638 | +962% |
| Profit (loss) for the period | 9904 | €2,065 | €39,778 | +€37,713 | +1,826% |
| Profit (loss) for the period to be appropriated | 9905 | €2,065 | €39,778 | +€37,713 | +1,826% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.