ZyGo.Core: 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.
ZyGo.Core
Largest movements
- Receivables within one year +€130,365
up €130,365 (+681.8%), from €19,121 to €149,485
of which Other amounts receivable: +€146,335
- Intangible fixed assets +€97,265
new in 2025: €97,265
- Tangible fixed assets +€88,179
up €88,179 (+682.5%), from €12,919 to €101,098
of which Plant, machinery and equipment: +€87,664
- Cash -€63,466
down €63,466 (-69.0%), from €91,949 to €28,483
mainly Investment in fixed assets (net) (-€216,023) and Receivables within one year (-€130,365)
- Debts after one year +€179,042
up €179,042 (+989.2%), from €18,100 to €197,142
- Trade debts +€26,912
up €26,912 (+96.7%), from €27,827 to €54,739
- Reserves +€24,860
up €24,860 (+66.6%), from €37,331 to €62,191
- Tax, wage and social debts +€18,800
up €18,800 (+171.4%), from €10,967 to €29,767
of which Remuneration and social security: +€20,211
- Current portion of long-term debt -€8,340
down €8,340 (-100.0%), from €8,340 to €0
- Write-downs -€91,050
down €91,050 (-100.0%), from €91,050 to €0
- Staff costs +€81,643
new in 2025: €81,643
- Depreciation +€27,072
up €27,072 (+771.7%), from €3,508 to €30,580
- Taxes -€5,369
down €5,369 (-58.7%), from €9,154 to €3,785
- Financial charges +€3,861
up €3,861 (+209.8%), from €1,841 to €5,701
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 | €127,565 | €376,331 | +€248,767 | +195.0% |
| Fixed assets | 21/28 | €12,919 | €198,363 | +€185,444 | +1435.4% |
| Intangible fixed assets | 21 | - | €97,265 | +€97,265 | |
| Tangible fixed assets | 22/27 | €12,919 | €101,098 | +€88,179 | +682.5% |
| Plant, machinery and equipment | 23 | €2,030 | €89,694 | +€87,664 | +4318.3% |
| Furniture and vehicles | 24 | €10,889 | €11,405 | +€516 | +4.7% |
| Current assets | 29/58 | €114,646 | €177,968 | +€63,323 | +55.2% |
| Amounts receivable within one year | 40/41 | €19,121 | €149,485 | +€130,365 | +681.8% |
| Trade receivables | 40 | €19,121 | €3,150 | -€15,971 | -83.5% |
| Other amounts receivable | 41 | - | €146,335 | +€146,335 | |
| Cash at bank and in hand | 54/58 | €91,949 | €28,483 | -€63,466 | -69.0% |
| Deferred charges and accrued income | 490/1 | €3,576 | €0 | -€3,576 | -100.0% |
| Total equity and liabilities | 10/49 | €127,565 | €376,331 | +€248,767 | +195.0% |
| Equity | 10/15 | €62,331 | €87,191 | +€24,860 | +39.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €37,331 | €62,191 | +€24,860 | +66.6% |
| Distributable reserves | 133 | €37,331 | €62,191 | +€24,860 | +66.6% |
| Amounts payable | 17/49 | €65,234 | €289,140 | +€223,906 | +343.2% |
| Amounts payable after more than one year | 17 | €18,100 | €197,142 | +€179,042 | +989.2% |
| Financial debts | 170/4 | €18,100 | €197,142 | +€179,042 | +989.2% |
| Amounts payable within one year | 42/48 | €47,134 | €84,506 | +€37,372 | +79.3% |
| Current portion of amounts payable after more than one year | 42 | €8,340 | €0 | -€8,340 | -100.0% |
| Trade debts | 44 | €27,827 | €54,739 | +€26,912 | +96.7% |
| Suppliers | 440/4 | €27,827 | €54,739 | +€26,912 | +96.7% |
| Taxes, remuneration and social security | 45 | €10,967 | €29,767 | +€18,800 | +171.4% |
| Taxes | 450/3 | €10,967 | €9,556 | -€1,411 | -12.9% |
| Remuneration and social security | 454/9 | - | €20,211 | +€20,211 | |
| Accrued charges and deferred income | 492/3 | - | €7,492 | +€7,492 | |
| Remuneration, social security and pensions | 62 | - | €81,643 | +€81,643 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,508 | €30,580 | +€27,072 | +771.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €91,050 | €0 | -€91,050 | -100.0% |
| Other operating charges | 640/8 | €264 | €192 | -€73 | -27.4% |
| Gross operating margin | 9900 | €143,131 | €146,698 | +€3,567 | +2.5% |
| Operating profit (loss) | 9901 | €48,309 | €34,284 | -€14,025 | -29.0% |
| Financial income | 75/76B | €17 | €63 | +€45 | +263.6% |
| Recurring financial income | 75 | €17 | €63 | +€45 | +263.6% |
| Financial charges | 65/66B | €1,841 | €5,701 | +€3,861 | +209.8% |
| Recurring financial charges | 65 | €1,841 | €5,701 | +€3,861 | +209.8% |
| Profit (loss) for the period before taxes | 9903 | €46,486 | €28,645 | -€17,841 | -38.4% |
| Income taxes | 67/77 | €9,154 | €3,785 | -€5,369 | -58.7% |
| Profit (loss) for the period | 9904 | €37,331 | €24,860 | -€12,471 | -33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €37,331 | €24,860 | -€12,471 | -33.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.