ZODI INNOVATIONS: 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.
ZODI INNOVATIONS
Largest movements
- Cash +€45,837
up €45,837 (+246%), from €18,621 to €64,457
mainly Net result for the year (+€67,031) and Tax, wage and social debts (+€33,257)
- Tax, wage and social debts +€33,257
up €33,257 (+146%), from €22,797 to €56,054
- Reserves +€18,238
up €18,238 (+77.3%), from €23,602 to €41,840
- Debts after one year -€13,687
down €13,687 (-3.7%), from €369,424 to €355,737
- Other debts +€8,162
up €8,162 (+10.4%), from €78,416 to €86,578
- Trade debts -€7,234
down €7,234 (-58.1%), from €12,445 to €5,210
- Gross operating margin +€96,209
up €96,209 (+204%), from €47,164 to €143,373
- Taxes +€23,129
up €23,129 (+502%), from €4,603 to €27,732
- Depreciation +€10,286
up €10,286 (+56.8%), from €18,121 to €28,407
- Financial income -€2,886
down €2,886 (-90.1%), from €3,204 to €318
- Other operating charges +€2,587
up €2,587 (+148%), from €1,749 to €4,336
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 | €524,124 | €562,106 | +€37,982 | +7.2% |
| Fixed assets | 21/28 | €473,580 | €470,057 | -€3,524 | -0.7% |
| Tangible fixed assets | 22/27 | €467,380 | €465,732 | -€1,649 | -0.4% |
| Land and buildings | 22 | €422,483 | €424,381 | +€1,898 | +0.4% |
| Plant, machinery and equipment | 23 | €12,548 | €12,670 | +€122 | +1.0% |
| Furniture and vehicles | 24 | €32,349 | €28,680 | -€3,669 | -11.3% |
| Financial fixed assets | 28 | €6,200 | €4,325 | -€1,875 | -30.2% |
| Current assets | 29/58 | €50,544 | €92,050 | +€41,506 | +82.1% |
| Amounts receivable within one year | 40/41 | €31,923 | €27,593 | -€4,330 | -13.6% |
| Trade receivables | 40 | €31,910 | €25,476 | -€6,435 | -20.2% |
| Other amounts receivable | 41 | €13 | €2,117 | +€2,105 | +16,690% |
| Cash at bank and in hand | 54/58 | €18,621 | €64,457 | +€45,837 | +246% |
| Total equity and liabilities | 10/49 | €524,124 | €562,106 | +€37,982 | +7.2% |
| Equity | 10/15 | €26,590 | €44,840 | +€18,251 | +68.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €23,602 | €41,840 | +€18,238 | +77.3% |
| Distributable reserves | 133 | €23,602 | €41,840 | +€18,238 | +77.3% |
| Profit (loss) carried forward | 14 | -€13 | - | +€13 | |
| Amounts payable | 17/49 | €497,534 | €517,266 | +€19,732 | +4.0% |
| Amounts payable after more than one year | 17 | €369,424 | €355,737 | -€13,687 | -3.7% |
| Financial debts | 170/4 | €369,424 | €355,737 | -€13,687 | -3.7% |
| Amounts payable within one year | 42/48 | €128,111 | €161,529 | +€33,419 | +26.1% |
| Current portion of amounts payable after more than one year | 42 | €14,453 | €13,687 | -€767 | -5.3% |
| Trade debts | 44 | €12,445 | €5,210 | -€7,234 | -58.1% |
| Suppliers | 440/4 | €12,445 | €5,210 | -€7,234 | -58.1% |
| Taxes, remuneration and social security | 45 | €22,797 | €56,054 | +€33,257 | +146% |
| Taxes | 450/3 | €22,797 | €56,054 | +€33,257 | +146% |
| Other amounts payable | 47/48 | €78,416 | €86,578 | +€8,162 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,121 | €28,407 | +€10,286 | +56.8% |
| Other operating charges | 640/8 | €1,749 | €4,336 | +€2,587 | +148% |
| Non-recurring operating charges | 66A | €342 | €674 | +€332 | +97.3% |
| Gross operating margin | 9900 | €47,164 | €143,373 | +€96,209 | +204% |
| Operating profit (loss) | 9901 | €26,952 | €109,955 | +€83,003 | +308% |
| Financial income | 75/76B | €3,204 | €318 | -€2,886 | -90.1% |
| Recurring financial income | 75 | €3,204 | €318 | -€2,886 | -90.1% |
| Financial charges | 65/66B | €14,190 | €15,510 | +€1,320 | +9.3% |
| Recurring financial charges | 65 | €14,190 | €15,510 | +€1,320 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €15,966 | €94,763 | +€78,797 | +494% |
| Income taxes | 67/77 | €4,603 | €27,732 | +€23,129 | +502% |
| Profit (loss) for the period | 9904 | €11,362 | €67,031 | +€55,669 | +490% |
| Profit (loss) for the period to be appropriated | 9905 | €11,362 | €67,031 | +€55,669 | +490% |
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 30 October 2026 via checked.be.