ZOVIG: 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.
ZOVIG
Largest movements
- Receivables within one year -€18,245
down €18,245 (-68.3%), from €26,732 to €8,487
of which Trade receivables: -€18,063
- Cash -€1,657
down €1,657 (-66.9%), from €2,475 to €818
mainly Net result for the year (-€20,201) and Other debts (-€1,200)
- Profit (loss) carried forward -€20,201
down €20,201 (-45.8%), from -€44,149 to -€64,350
- Other debts -€1,200
down €1,200 (-2.9%), from €41,801 to €40,601
- Trade debts +€1,089
up €1,089 (+61.1%), from €1,781 to €2,870
- Short-term financial debts +€410
up €410 (+3.5%), from €11,879 to €12,289
- Financial charges -€1,139
down €1,139 (-73.5%), from €1,549 to €410
- Gross operating margin +€946
up €946 (+41.4%), from -€2,286 to -€1,340
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,772 | €11,871 | -€19,902 | -62.6% |
| Fixed assets | 21/28 | €2,566 | €2,566 | = | 0.0% |
| Financial fixed assets | 28 | €2,566 | €2,566 | = | 0.0% |
| Current assets | 29/58 | €29,207 | €9,305 | -€19,902 | -68.1% |
| Amounts receivable within one year | 40/41 | €26,732 | €8,487 | -€18,245 | -68.3% |
| Trade receivables | 40 | €18,063 | - | -€18,063 | |
| Other amounts receivable | 41 | €8,669 | €8,487 | -€182 | -2.1% |
| Cash at bank and in hand | 54/58 | €2,475 | €818 | -€1,657 | -66.9% |
| Total equity and liabilities | 10/49 | €31,772 | €11,871 | -€19,902 | -62.6% |
| Equity | 10/15 | -€23,689 | -€43,890 | -€20,201 | -85.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€44,149 | -€64,350 | -€20,201 | -45.8% |
| Amounts payable | 17/49 | €55,462 | €55,761 | +€299 | +0.5% |
| Amounts payable within one year | 42/48 | €55,462 | €55,761 | +€299 | +0.5% |
| Financial debts | 43 | €11,879 | €12,289 | +€410 | +3.5% |
| Credit institutions | 430/8 | €11,879 | €12,289 | +€410 | +3.5% |
| Trade debts | 44 | €1,781 | €2,870 | +€1,089 | +61.1% |
| Suppliers | 440/4 | €1,781 | €2,870 | +€1,089 | +61.1% |
| Other amounts payable | 47/48 | €41,801 | €40,601 | -€1,200 | -2.9% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Non-recurring operating charges | 66A | - | €18,063 | +€18,063 | |
| Gross operating margin | 9900 | -€2,286 | -€1,340 | +€946 | +41.4% |
| Operating profit (loss) | 9901 | -€2,671 | -€19,790 | -€17,120 | -641.0% |
| Financial charges | 65/66B | €1,549 | €410 | -€1,139 | -73.5% |
| Recurring financial charges | 65 | €1,549 | €410 | -€1,139 | -73.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,220 | -€20,201 | -€15,981 | -378.7% |
| Income taxes | 67/77 | €7 | - | -€7 | |
| Profit (loss) for the period | 9904 | -€4,227 | -€20,201 | -€15,974 | -377.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,227 | -€20,201 | -€15,974 | -377.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.