ZAI IMPORT EXPORT: 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.
ZAI IMPORT EXPORT
Largest movements
- Stocks and contracts -€459,701
down €459,701 (-65.1%), from €705,954 to €246,253
- Receivables within one year -€93,485
down €93,485 (-28.6%), from €327,321 to €233,836
of which Trade receivables: -€49,676
- Cash +€15,292
up €15,292 (+75.1%), from €20,353 to €35,645
mainly Stocks and contracts (+€459,701) and Receivables within one year (+€93,485)
- Trade debts -€401,570
down €401,570 (-70.0%), from €573,661 to €172,091
- Tax, wage and social debts -€118,135
down €118,135 (-53.2%), from €222,005 to €103,870
of which Remuneration and social security: -€189,881
- Current portion of long-term debt -€68,912
no longer reported in 2024 (was €68,912)
- Profit (loss) carried forward +€68,594
up €68,594 (+147.1%), from €46,646 to €115,240
- Staff costs -€50,569
down €50,569 (-49.9%), from €101,425 to €50,856
- Write-downs -€37,000
no longer reported in 2024 (was €37,000)
- Gross operating margin -€20,102
down €20,102 (-10.9%), from €184,168 to €164,066
- Taxes +€12,816
up €12,816 (+81.7%), from €15,692 to €28,508
- Other operating charges +€4,134
up €4,134 (+229.0%), from €1,805 to €5,939
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 | €1,053,628 | €527,440 | -€526,188 | -49.9% |
| Fixed assets | 21/28 | - | €11,069 | +€11,069 | |
| Intangible fixed assets | 21 | - | €1,892 | +€1,892 | |
| Tangible fixed assets | 22/27 | - | €8,387 | +€8,387 | |
| Plant, machinery and equipment | 23 | - | €885 | +€885 | |
| Furniture and vehicles | 24 | - | €7,502 | +€7,502 | |
| Financial fixed assets | 28 | - | €790 | +€790 | |
| Current assets | 29/58 | €1,053,628 | €516,371 | -€537,257 | -51.0% |
| Stocks and contracts in progress | 3 | €705,954 | €246,253 | -€459,701 | -65.1% |
| Stocks | 30/36 | €705,954 | €246,253 | -€459,701 | -65.1% |
| Amounts receivable within one year | 40/41 | €327,321 | €233,836 | -€93,485 | -28.6% |
| Trade receivables | 40 | €192,664 | €142,988 | -€49,676 | -25.8% |
| Other amounts receivable | 41 | €134,657 | €90,848 | -€43,809 | -32.5% |
| Cash at bank and in hand | 54/58 | €20,353 | €35,645 | +€15,292 | +75.1% |
| Deferred charges and accrued income | 490/1 | - | €637 | +€637 | |
| Total equity and liabilities | 10/49 | €1,053,628 | €527,440 | -€526,188 | -49.9% |
| Equity | 10/15 | €67,216 | €135,810 | +€68,594 | +102.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,970 | €1,970 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,970 | €1,970 | = | 0.0% |
| Legal reserve | 130 | €1,970 | €1,970 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,646 | €115,240 | +€68,594 | +147.1% |
| Amounts payable | 17/49 | €986,412 | €391,630 | -€594,782 | -60.3% |
| Amounts payable within one year | 42/48 | €986,412 | €391,630 | -€594,782 | -60.3% |
| Current portion of amounts payable after more than one year | 42 | €68,912 | - | -€68,912 | |
| Financial debts | 43 | €1,033 | €1,033 | = | 0.0% |
| Credit institutions | 430/8 | €1,033 | €1,033 | = | 0.0% |
| Trade debts | 44 | €573,661 | €172,091 | -€401,570 | -70.0% |
| Suppliers | 440/4 | €573,661 | €172,091 | -€401,570 | -70.0% |
| Taxes, remuneration and social security | 45 | €222,005 | €103,870 | -€118,135 | -53.2% |
| Taxes | 450/3 | €19,598 | €91,344 | +€71,746 | +366.1% |
| Remuneration and social security | 454/9 | €202,407 | €12,526 | -€189,881 | -93.8% |
| Other amounts payable | 47/48 | €120,801 | €114,636 | -€6,165 | -5.1% |
| Remuneration, social security and pensions | 62 | €101,425 | €50,856 | -€50,569 | -49.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,785 | €9,884 | +€1,099 | +12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €37,000 | - | -€37,000 | |
| Other operating charges | 640/8 | €1,805 | €5,939 | +€4,134 | +229.0% |
| Gross operating margin | 9900 | €184,168 | €164,066 | -€20,102 | -10.9% |
| Operating profit (loss) | 9901 | €35,153 | €97,387 | +€62,234 | +177.0% |
| Financial charges | 65/66B | €281 | €285 | +€4 | +1.4% |
| Recurring financial charges | 65 | €281 | €285 | +€4 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €34,872 | €97,102 | +€62,230 | +178.5% |
| Income taxes | 67/77 | €15,692 | €28,508 | +€12,816 | +81.7% |
| Profit (loss) for the period | 9904 | €19,180 | €68,594 | +€49,414 | +257.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,180 | €68,594 | +€49,414 | +257.6% |
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.