AR ZUS: 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.
AR ZUS
Largest movements
- Receivables within one year +€11,564
new in 2024: €11,564
of which Trade receivables: +€8,991
- Cash -€3,405
down €3,405 (-93.2%), from €3,653 to €248
mainly Other debts (-€38,113) and Receivables within one year (-€11,564)
- Stocks and contracts -€2,768
down €2,768 (-10.7%), from €25,872 to €23,104
- Trade debts +€42,951
up €42,951 (+400%), from €10,742 to €53,693
- Other debts -€38,113
down €38,113 (-99.2%), from €38,415 to €302
- Profit (loss) carried forward +€4,154
up €4,154 (+13.3%), from -€31,166 to -€27,012
- Tax, wage and social debts -€3,601
down €3,601 (-42.2%), from €8,534 to €4,933
of which Remuneration and social security: -€2,737
- Gross operating margin +€6,266
up €6,266 (+39.7%), from €15,798 to €22,063
- Turnover +€4,375
up €4,375 (+2.9%), from €152,630 to €157,004
- Staff costs -€4,028
down €4,028 (-11.3%), from €35,758 to €31,730
- Purchases and services -€1,891
down €1,891 (-1.4%), from €136,832 to €134,941
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.
Derived cash bridge
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 | €29,525 | €34,916 | +€5,391 | +18.3% |
| Current assets | 29/58 | €29,525 | €34,916 | +€5,391 | +18.3% |
| Stocks and contracts in progress | 3 | €25,872 | €23,104 | -€2,768 | -10.7% |
| Stocks | 30/36 | €25,872 | €23,104 | -€2,768 | -10.7% |
| Amounts receivable within one year | 40/41 | - | €11,564 | +€11,564 | |
| Trade receivables | 40 | - | €8,991 | +€8,991 | |
| Other amounts receivable | 41 | - | €2,573 | +€2,573 | |
| Cash at bank and in hand | 54/58 | €3,653 | €248 | -€3,405 | -93.2% |
| Total equity and liabilities | 10/49 | €29,525 | €34,916 | +€5,391 | +18.3% |
| Equity | 10/15 | -€28,166 | -€24,012 | +€4,154 | +14.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,166 | -€27,012 | +€4,154 | +13.3% |
| Amounts payable | 17/49 | €57,691 | €58,928 | +€1,237 | +2.1% |
| Amounts payable within one year | 42/48 | €57,691 | €58,928 | +€1,237 | +2.1% |
| Trade debts | 44 | €10,742 | €53,693 | +€42,951 | +400% |
| Suppliers | 440/4 | €10,742 | €53,693 | +€42,951 | +400% |
| Taxes, remuneration and social security | 45 | €8,534 | €4,933 | -€3,601 | -42.2% |
| Taxes | 450/3 | €3,004 | €2,141 | -€864 | -28.8% |
| Remuneration and social security | 454/9 | €5,529 | €2,793 | -€2,737 | -49.5% |
| Other amounts payable | 47/48 | €38,415 | €302 | -€38,113 | -99.2% |
| Turnover | 70 | €152,630 | €157,004 | +€4,375 | +2.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €136,832 | €134,941 | -€1,891 | -1.4% |
| Remuneration, social security and pensions | 62 | €35,758 | €31,730 | -€4,028 | -11.3% |
| Gross operating margin | 9900 | €15,798 | €22,063 | +€6,266 | +39.7% |
| Operating profit (loss) | 9901 | -€19,961 | -€9,667 | +€10,294 | +51.6% |
| Financial charges | 65/66B | €2,230 | €1,179 | -€1,051 | -47.1% |
| Recurring financial charges | 65 | €2,230 | €1,179 | -€1,051 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | -€22,191 | -€10,846 | +€11,345 | +51.1% |
| Profit (loss) for the period | 9904 | -€22,191 | -€10,846 | +€11,345 | +51.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,191 | -€10,846 | +€11,345 | +51.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.