ZOOZ: 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.
ZOOZ
Largest movements
- Tangible fixed assets -€203,267
down €203,267 (-9.9%), from €2.1m to €1.8m
- Reserves +€388,877
up €388,877 (+229%), from €169,933 to €558,810
- Current portion of long-term debt -€242,390
down €242,390 (-77.0%), from €314,772 to €72,382
- Other debts -€224,479
down €224,479 (-33.8%), from €663,599 to €439,120
- Debts after one year -€100,893
down €100,893 (-11.3%), from €896,612 to €795,719
- Gross operating margin +€463,085
up €463,085 (+271%), from €171,063 to €634,148
- Taxes +€124,197
up €124,197 (+5,807%), from €2,139 to €126,336
- Financial charges -€12,167
down €12,167 (-34.8%), from €35,009 to €22,841
- Financial income +€9,893
up €9,893 (+173%), from €5,729 to €15,622
- Depreciation -€7,769
down €7,769 (-7.2%), from €108,206 to €100,437
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 | €2,081,392 | €1,875,060 | -€206,331 | -9.9% |
| Fixed assets | 21/28 | €2,052,118 | €1,848,851 | -€203,267 | -9.9% |
| Tangible fixed assets | 22/27 | €2,051,618 | €1,848,351 | -€203,267 | -9.9% |
| Land and buildings | 22 | €2,051,618 | €1,848,351 | -€203,267 | -9.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €29,273 | €26,209 | -€3,064 | -10.5% |
| Amounts receivable within one year | 40/41 | €7,862 | €8,048 | +€186 | +2.4% |
| Other amounts receivable | 41 | €7,862 | €8,048 | +€186 | +2.4% |
| Cash at bank and in hand | 54/58 | €17,680 | €14,234 | -€3,446 | -19.5% |
| Deferred charges and accrued income | 490/1 | €3,732 | €3,927 | +€196 | +5.2% |
| Total equity and liabilities | 10/49 | €2,081,392 | €1,875,060 | -€206,331 | -9.9% |
| Equity | 10/15 | €185,988 | €565,010 | +€379,023 | +204% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €169,933 | €558,810 | +€388,877 | +229% |
| Distributable reserves | 133 | €169,933 | €558,810 | +€388,877 | +229% |
| Investment grants | 15 | €9,854 | €0 | -€9,854 | -100% |
| Amounts payable | 17/49 | €1,895,404 | €1,310,050 | -€585,354 | -30.9% |
| Amounts payable after more than one year | 17 | €896,612 | €795,719 | -€100,893 | -11.3% |
| Financial debts | 170/4 | €896,612 | €795,719 | -€100,893 | -11.3% |
| Amounts payable within one year | 42/48 | €995,154 | €512,993 | -€482,161 | -48.5% |
| Current portion of amounts payable after more than one year | 42 | €314,772 | €72,382 | -€242,390 | -77.0% |
| Trade debts | 44 | €1,929 | €205 | -€1,724 | -89.4% |
| Suppliers | 440/4 | €1,929 | €205 | -€1,724 | -89.4% |
| Taxes, remuneration and social security | 45 | €14,855 | €1,286 | -€13,569 | -91.3% |
| Taxes | 450/3 | €14,855 | €1,286 | -€13,569 | -91.3% |
| Other amounts payable | 47/48 | €663,599 | €439,120 | -€224,479 | -33.8% |
| Accrued charges and deferred income | 492/3 | €3,638 | €1,338 | -€2,300 | -63.2% |
| Non-recurring operating income | 76A | €0 | €492,170 | +€492,170 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,206 | €100,437 | -€7,769 | -7.2% |
| Other operating charges | 640/8 | €9,302 | €11,279 | +€1,977 | +21.3% |
| Non-recurring operating charges | 66A | €750 | €0 | -€750 | -100% |
| Gross operating margin | 9900 | €171,063 | €634,148 | +€463,085 | +271% |
| Operating profit (loss) | 9901 | €52,806 | €522,432 | +€469,626 | +889% |
| Financial income | 75/76B | €5,729 | €15,622 | +€9,893 | +173% |
| Recurring financial income | 75 | €5,729 | €15,622 | +€9,893 | +173% |
| Financial charges | 65/66B | €35,009 | €22,841 | -€12,167 | -34.8% |
| Recurring financial charges | 65 | €35,009 | €22,841 | -€12,167 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €23,526 | €515,213 | +€491,686 | +2,090% |
| Income taxes | 67/77 | €2,139 | €126,336 | +€124,197 | +5,807% |
| Profit (loss) for the period | 9904 | €21,388 | €388,877 | +€367,489 | +1,718% |
| Profit (loss) for the period to be appropriated | 9905 | €21,388 | €388,877 | +€367,489 | +1,718% |
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 19 October 2026 via checked.be.