ZOINK: 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.
ZOINK
Largest movements
- Cash -€175,287
down €175,287 (-100.0%), from €175,288 to €1
mainly Investment in fixed assets (net) (-€154,105) and Tax, wage and social debts (-€86,987)
- Tangible fixed assets +€127,336
up €127,336 (+39.3%), from €324,186 to €451,522
of which Furniture and vehicles: +€99,218
- Current investments -€100,000
down €100,000 (-16.7%), from €600,000 to €500,000
- Stocks and contracts +€36,820
new in 2025: €36,820
- Tax, wage and social debts -€86,987
down €86,987 (-94.2%), from €92,307 to €5,320
of which Taxes: -€85,891
- Other debts -€36,198
down €36,198 (-9.5%), from €382,940 to €346,742
- Debts after one year -€32,297
down €32,297 (-16.2%), from €199,938 to €167,640
- Short-term financial debts +€25,257
new in 2025: €25,257
- Profit (loss) carried forward -€18,817
down €18,817 (-16.2%), from -€116,185 to -€135,003
- Gross operating margin -€266,195
down €266,195 (-88.0%), from €302,429 to €36,233
- Taxes -€45,234
down €45,234 (-100.0%), from €45,234 to €0
- Other operating charges +€13,459
up €13,459 (+186.9%), from €7,202 to €20,662
- Staff costs -€12,104
down €12,104 (-75.9%), from €15,944 to €3,839
- Financial income +€3,874
new in 2025: €3,874
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 | €1,334,429 | €1,201,248 | -€133,181 | -10.0% |
| Fixed assets | 21/28 | €324,386 | €451,522 | +€127,136 | +39.2% |
| Tangible fixed assets | 22/27 | €324,186 | €451,522 | +€127,336 | +39.3% |
| Land and buildings | 22 | €323,095 | €298,326 | -€24,769 | -7.7% |
| Plant, machinery and equipment | 23 | - | €53,139 | +€53,139 | |
| Furniture and vehicles | 24 | - | €99,218 | +€99,218 | |
| Other tangible fixed assets | 26 | €1,091 | €839 | -€252 | -23.1% |
| Financial fixed assets | 28 | €200 | €0 | -€200 | -100.0% |
| Current assets | 29/58 | €1,010,043 | €749,725 | -€260,318 | -25.8% |
| Amounts receivable after more than one year | 29 | €8,000 | €0 | -€8,000 | -100.0% |
| Other amounts receivable | 291 | €8,000 | €0 | -€8,000 | -100.0% |
| Stocks and contracts in progress | 3 | - | €36,820 | +€36,820 | |
| Stocks | 30/36 | - | €36,820 | +€36,820 | |
| Amounts receivable within one year | 40/41 | €225,105 | €212,904 | -€12,201 | -5.4% |
| Trade receivables | 40 | €220,829 | €174,702 | -€46,127 | -20.9% |
| Other amounts receivable | 41 | €4,276 | €38,202 | +€33,926 | +793.5% |
| Current investments | 50/53 | €600,000 | €500,000 | -€100,000 | -16.7% |
| Cash at bank and in hand | 54/58 | €175,288 | €1 | -€175,287 | -100.0% |
| Deferred charges and accrued income | 490/1 | €1,650 | €0 | -€1,650 | -100.0% |
| Total equity and liabilities | 10/49 | €1,334,429 | €1,201,248 | -€133,181 | -10.0% |
| Equity | 10/15 | €496,747 | €477,930 | -€18,817 | -3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €594,332 | €594,332 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €348,930 | €348,930 | = | 0.0% |
| Distributable reserves | 133 | €243,542 | €243,542 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,185 | -€135,003 | -€18,817 | -16.2% |
| Provisions and deferred taxes | 16 | €116,310 | €116,310 | = | 0.0% |
| Deferred taxes | 168 | €116,310 | €116,310 | = | 0.0% |
| Amounts payable | 17/49 | €721,372 | €607,008 | -€114,364 | -15.9% |
| Amounts payable after more than one year | 17 | €199,938 | €167,640 | -€32,297 | -16.2% |
| Financial debts | 170/4 | €199,938 | €167,640 | -€32,297 | -16.2% |
| Amounts payable within one year | 42/48 | €521,435 | €439,368 | -€82,067 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €31,208 | €32,297 | +€1,089 | +3.5% |
| Financial debts | 43 | - | €25,257 | +€25,257 | |
| Credit institutions | 430/8 | - | €25,257 | +€25,257 | |
| Trade debts | 44 | €14,980 | €24,981 | +€10,002 | +66.8% |
| Suppliers | 440/4 | €14,980 | €24,981 | +€10,002 | +66.8% |
| Advances received on contracts in progress | 46 | - | €4,770 | +€4,770 | |
| Taxes, remuneration and social security | 45 | €92,307 | €5,320 | -€86,987 | -94.2% |
| Taxes | 450/3 | €90,979 | €5,088 | -€85,891 | -94.4% |
| Remuneration and social security | 454/9 | €1,328 | €232 | -€1,096 | -82.5% |
| Other amounts payable | 47/48 | €382,940 | €346,742 | -€36,198 | -9.5% |
| Non-recurring operating income | 76A | €357,820 | €0 | -€357,820 | -100.0% |
| Remuneration, social security and pensions | 62 | €15,944 | €3,839 | -€12,104 | -75.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,936 | €26,969 | +€2,033 | +8.2% |
| Other operating charges | 640/8 | €7,202 | €20,662 | +€13,459 | +186.9% |
| Non-recurring operating charges | 66A | €18 | €69 | +€51 | +289.1% |
| Gross operating margin | 9900 | €302,429 | €36,233 | -€266,195 | -88.0% |
| Operating profit (loss) | 9901 | €254,329 | -€15,306 | -€269,635 | |
| Financial income | 75/76B | - | €3,874 | +€3,874 | |
| Recurring financial income | 75 | - | €3,874 | +€3,874 | |
| Financial charges | 65/66B | €8,813 | €7,385 | -€1,428 | -16.2% |
| Recurring financial charges | 65 | €8,813 | €7,385 | -€1,428 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €245,515 | -€18,817 | -€264,333 | |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €45,234 | €0 | -€45,234 | -100.0% |
| Profit (loss) for the period | 9904 | €200,281 | -€18,817 | -€219,098 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €200,281 | -€18,817 | -€219,098 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.