ZACAM: 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.
ZACAM
Largest movements
- Current investments +€20,944
new in 2024: €20,944
- Cash -€3,988
down €3,988 (-41.6%), from €9,587 to €5,599
mainly Current investments (-€20,944) and Other debts (-€11,641)
- Tangible fixed assets -€2,116
down €2,116 (-17.3%), from €12,228 to €10,112
of which Furniture and vehicles: -€2,868
- Receivables within one year -€801
no longer reported in 2024 (was €801)
- Deferred charges and accrued income +€600
up €600 (+51.4%), from €1,166 to €1,766
- Profit (loss) carried forward +€24,407
up €24,407 (+873.6%), from €2,794 to €27,201
- Other debts -€11,641
down €11,641 (-73.0%), from €15,943 to €4,303
- Tax, wage and social debts +€2,176
up €2,176 (+47.4%), from €4,591 to €6,768
- Gross operating margin +€33,784
up €33,784 (+757.7%), from €4,459 to €38,243
- Taxes +€6,054
up €6,054 (+848.7%), from €713 to €6,768
- Depreciation +€4,039
up €4,039 (+761.9%), from €530 to €4,570
- Other operating charges +€1,698
new in 2024: €1,698
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 | €23,782 | €38,421 | +€14,639 | +61.6% |
| Fixed assets | 21/28 | €12,228 | €10,112 | -€2,116 | -17.3% |
| Tangible fixed assets | 22/27 | €12,228 | €10,112 | -€2,116 | -17.3% |
| Plant, machinery and equipment | 23 | - | €752 | +€752 | |
| Furniture and vehicles | 24 | €12,228 | €9,360 | -€2,868 | -23.5% |
| Current assets | 29/58 | €11,554 | €28,309 | +€16,755 | +145.0% |
| Amounts receivable within one year | 40/41 | €801 | - | -€801 | |
| Trade receivables | 40 | €801 | - | -€801 | |
| Current investments | 50/53 | - | €20,944 | +€20,944 | |
| Cash at bank and in hand | 54/58 | €9,587 | €5,599 | -€3,988 | -41.6% |
| Deferred charges and accrued income | 490/1 | €1,166 | €1,766 | +€600 | +51.4% |
| Total equity and liabilities | 10/49 | €23,782 | €38,421 | +€14,639 | +61.6% |
| Equity | 10/15 | €2,894 | €27,301 | +€24,407 | +843.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,794 | €27,201 | +€24,407 | +873.6% |
| Amounts payable | 17/49 | €20,888 | €11,120 | -€9,768 | -46.8% |
| Amounts payable within one year | 42/48 | €20,888 | €11,120 | -€9,768 | -46.8% |
| Trade debts | 44 | €353 | €50 | -€304 | -86.0% |
| Suppliers | 440/4 | €353 | €50 | -€304 | -86.0% |
| Taxes, remuneration and social security | 45 | €4,591 | €6,768 | +€2,176 | +47.4% |
| Taxes | 450/3 | €4,591 | €6,768 | +€2,176 | +47.4% |
| Other amounts payable | 47/48 | €15,943 | €4,303 | -€11,641 | -73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €530 | €4,570 | +€4,039 | +761.9% |
| Other operating charges | 640/8 | - | €1,698 | +€1,698 | |
| Gross operating margin | 9900 | €4,459 | €38,243 | +€33,784 | +757.7% |
| Operating profit (loss) | 9901 | €3,929 | €31,975 | +€28,046 | +713.9% |
| Financial charges | 65/66B | €421 | €800 | +€379 | +89.8% |
| Recurring financial charges | 65 | €421 | €800 | +€379 | +89.8% |
| Profit (loss) for the period before taxes | 9903 | €3,507 | €31,175 | +€27,667 | +788.8% |
| Income taxes | 67/77 | €713 | €6,768 | +€6,054 | +848.7% |
| Profit (loss) for the period | 9904 | €2,794 | €24,407 | +€21,613 | +773.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,794 | €24,407 | +€21,613 | +773.6% |
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 3 October 2026 via checked.be.