ZAHID.AFG: 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.
ZAHID.AFG
Largest movements
- Stocks and contracts -€11,739
down €11,739 (-47.1%), from €24,943 to €13,203
- Debts after one year -€24,400
no longer reported in 2025 (was €24,400)
- Profit (loss) carried forward +€18,848
up €18,848 (+53.9%), from -€34,956 to -€16,108
- Other debts -€3,916
down €3,916 (-31.7%), from €12,357 to €8,442
- Tax, wage and social debts -€3,032
down €3,032 (-20.4%), from €14,848 to €11,816
of which Remuneration and social security: -€4,573
- Trade debts +€647
up €647 (+44.5%), from €1,455 to €2,102
- Purchases and services +€45,398
up €45,398 (+16.5%), from €275,457 to €320,855
- Turnover +€40,265
up €40,265 (+13.2%), from €305,961 to €346,225
- Staff costs -€25,705
down €25,705 (-65.6%), from €39,190 to €13,485
- Gross operating margin -€8,764
down €8,764 (-21.1%), from €41,568 to €32,804
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.
Derived cash bridge
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 | €27,354 | €15,501 | -€11,853 | -43.3% |
| Current assets | 29/58 | €27,354 | €15,501 | -€11,853 | -43.3% |
| Stocks and contracts in progress | 3 | €24,943 | €13,203 | -€11,739 | -47.1% |
| Stocks | 30/36 | €24,943 | €13,203 | -€11,739 | -47.1% |
| Cash at bank and in hand | 54/58 | €2,411 | €2,298 | -€113 | -4.7% |
| Total equity and liabilities | 10/49 | €27,354 | €15,501 | -€11,853 | -43.3% |
| Equity | 10/15 | -€25,706 | -€6,858 | +€18,848 | +73.3% |
| Contributions | 10/11 | €9,250 | €9,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,956 | -€16,108 | +€18,848 | +53.9% |
| Amounts payable | 17/49 | €53,060 | €22,359 | -€30,701 | -57.9% |
| Amounts payable after more than one year | 17 | €24,400 | - | -€24,400 | |
| Other amounts payable | 178/9 | €24,400 | - | -€24,400 | |
| Amounts payable within one year | 42/48 | €28,660 | €22,359 | -€6,301 | -22.0% |
| Trade debts | 44 | €1,455 | €2,102 | +€647 | +44.5% |
| Suppliers | 440/4 | €1,455 | €2,102 | +€647 | +44.5% |
| Taxes, remuneration and social security | 45 | €14,848 | €11,816 | -€3,032 | -20.4% |
| Taxes | 450/3 | €6,847 | €8,387 | +€1,541 | +22.5% |
| Remuneration and social security | 454/9 | €8,001 | €3,428 | -€4,573 | -57.2% |
| Other amounts payable | 47/48 | €12,357 | €8,442 | -€3,916 | -31.7% |
| Turnover | 70 | €305,961 | €346,225 | +€40,265 | +13.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €275,457 | €320,855 | +€45,398 | +16.5% |
| Remuneration, social security and pensions | 62 | €39,190 | €13,485 | -€25,705 | -65.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34 | - | -€34 | |
| Other operating charges | 640/8 | €1,589 | €286 | -€1,303 | -82.0% |
| Gross operating margin | 9900 | €41,568 | €32,804 | -€8,764 | -21.1% |
| Operating profit (loss) | 9901 | €756 | €19,033 | +€18,277 | +2,419% |
| Financial income | 75/76B | €120 | - | -€120 | |
| Recurring financial income | 75 | €120 | - | -€120 | |
| Financial charges | 65/66B | €244 | €185 | -€59 | -24.2% |
| Recurring financial charges | 65 | €244 | €185 | -€59 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €632 | €18,848 | +€18,216 | +2,883% |
| Profit (loss) for the period | 9904 | €632 | €18,848 | +€18,216 | +2,883% |
| Profit (loss) for the period to be appropriated | 9905 | €632 | €18,848 | +€18,216 | +2,883% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.