ZABCO: 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.
ZABCO
Largest movements
- Cash +€2,942
up €2,942 (+174.5%), from €1,686 to €4,628
mainly Receivables within one year (+€2,631) and Tax, wage and social debts (+€457)
- Receivables within one year -€2,631
down €2,631 (-85.0%), from €3,097 to €466
of which Trade receivables: -€3,025
- Tangible fixed assets -€432
down €432 (-18.2%), from €2,371 to €1,939
of which Furniture and vehicles: -€237
- Profit (loss) carried forward -€957
down €957 (-11.2%), from -€8,544 to -€9,500
- Tax, wage and social debts +€457
up €457 (+101.1%), from €451 to €908
- Trade debts +€455
up €455 (+106.4%), from €428 to €883
- Gross operating margin -€7,300
down €7,300 (-95.8%), from €7,620 to €320
- Depreciation -€728
down €728 (-62.7%), from €1,160 to €432
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 | €8,119 | €8,051 | -€68 | -0.8% |
| Fixed assets | 21/28 | €2,371 | €1,939 | -€432 | -18.2% |
| Tangible fixed assets | 22/27 | €2,371 | €1,939 | -€432 | -18.2% |
| Furniture and vehicles | 24 | €633 | €395 | -€237 | -37.5% |
| Other tangible fixed assets | 26 | €1,738 | €1,544 | -€195 | -11.2% |
| Current assets | 29/58 | €5,748 | €6,112 | +€364 | +6.3% |
| Amounts receivable within one year | 40/41 | €3,097 | €466 | -€2,631 | -85.0% |
| Trade receivables | 40 | €3,025 | - | -€3,025 | |
| Other amounts receivable | 41 | €72 | €466 | +€394 | +547.1% |
| Cash at bank and in hand | 54/58 | €1,686 | €4,628 | +€2,942 | +174.5% |
| Deferred charges and accrued income | 490/1 | €965 | €1,019 | +€53 | +5.5% |
| Total equity and liabilities | 10/49 | €8,119 | €8,051 | -€68 | -0.8% |
| Equity | 10/15 | €7,216 | €6,260 | -€957 | -13.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €9,560 | €9,560 | = | 0.0% |
| Distributable reserves | 133 | €9,560 | €9,560 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,544 | -€9,500 | -€957 | -11.2% |
| Amounts payable | 17/49 | €903 | €1,791 | +€888 | +98.3% |
| Amounts payable within one year | 42/48 | €903 | €1,791 | +€888 | +98.3% |
| Trade debts | 44 | €428 | €883 | +€455 | +106.4% |
| Suppliers | 440/4 | €428 | €883 | +€455 | +106.4% |
| Taxes, remuneration and social security | 45 | €451 | €908 | +€457 | +101.1% |
| Taxes | 450/3 | €451 | €908 | +€457 | +101.1% |
| Other amounts payable | 47/48 | €24 | - | -€24 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,160 | €432 | -€728 | -62.7% |
| Other operating charges | 640/8 | €492 | €500 | +€8 | +1.7% |
| Gross operating margin | 9900 | €7,620 | €320 | -€7,300 | -95.8% |
| Operating profit (loss) | 9901 | €5,968 | -€612 | -€6,581 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €243 | €212 | -€31 | -12.8% |
| Recurring financial charges | 65 | €243 | €212 | -€31 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €5,725 | -€825 | -€6,550 | |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | €5,597 | -€957 | -€6,554 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,597 | -€957 | -€6,554 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.