ZAMA CONSULTING: 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.
ZAMA CONSULTING
Largest movements
- Financial fixed assets +€1.2m
up €1.2m (+2,878%), from €41,890 to €1.2m
- Current investments +€200,000
new in 2025: €200,000
- Cash -€38,656
down €38,656 (-39.2%), from €98,645 to €59,988
mainly Contributions, distributions and other (-€2.3m) and Investment in fixed assets (net) (-€1.2m)
- Deferred charges and accrued income +€31,693
up €31,693 (+685%), from €4,627 to €36,321
- Receivables within one year +€27,298
up €27,298 (+54.9%), from €49,725 to €77,023
of which Trade receivables: +€65,092
- Profit (loss) carried forward +€846,032
up €846,032 (+2,023%), from €41,811 to €887,843
- Other debts +€561,771
up €561,771 (+401%), from €140,000 to €701,771
- Financial income +€2.1m
up €2.1m (+518,259,913%), from €0 to €2.1m
- Gross operating margin +€282,829
up €282,829 (+25.2%), from €1.1m to €1.4m
- Taxes +€79,069
up €79,069 (+29.2%), from €270,801 to €349,870
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 | €241,145 | €1,658,432 | +€1.4m | +588% |
| Fixed assets | 21/28 | €88,148 | €1,285,100 | +€1.2m | +1,358% |
| Tangible fixed assets | 22/27 | €46,258 | €37,770 | -€8,488 | -18.3% |
| Plant, machinery and equipment | 23 | - | €7,476 | +€7,476 | |
| Furniture and vehicles | 24 | €34,608 | €20,444 | -€14,164 | -40.9% |
| Other tangible fixed assets | 26 | €11,649 | €9,850 | -€1,799 | -15.4% |
| Financial fixed assets | 28 | €41,890 | €1,247,330 | +€1.2m | +2,878% |
| Current assets | 29/58 | €152,997 | €373,332 | +€220,335 | +144% |
| Amounts receivable within one year | 40/41 | €49,725 | €77,023 | +€27,298 | +54.9% |
| Trade receivables | 40 | €7,503 | €72,595 | +€65,092 | +868% |
| Other amounts receivable | 41 | €42,222 | €4,428 | -€37,794 | -89.5% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €98,645 | €59,988 | -€38,656 | -39.2% |
| Deferred charges and accrued income | 490/1 | €4,627 | €36,321 | +€31,693 | +685% |
| Total equity and liabilities | 10/49 | €241,145 | €1,658,432 | +€1.4m | +588% |
| Equity | 10/15 | €96,811 | €942,843 | +€846,032 | +874% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,811 | €887,843 | +€846,032 | +2,023% |
| Amounts payable | 17/49 | €144,334 | €715,589 | +€571,255 | +396% |
| Amounts payable within one year | 42/48 | €144,334 | €715,589 | +€571,255 | +396% |
| Trade debts | 44 | €3,873 | €1,845 | -€2,028 | -52.4% |
| Suppliers | 440/4 | €3,873 | €1,845 | -€2,028 | -52.4% |
| Taxes, remuneration and social security | 45 | €461 | €11,973 | +€11,512 | +2,498% |
| Taxes | 450/3 | €461 | €11,973 | +€11,512 | +2,498% |
| Other amounts payable | 47/48 | €140,000 | €701,771 | +€561,771 | +401% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,249 | €11,303 | -€12,946 | -53.4% |
| Other operating charges | 640/8 | €769 | €752 | -€17 | -2.2% |
| Non-recurring operating charges | 66A | €367 | €241 | -€126 | -34.2% |
| Gross operating margin | 9900 | €1,123,886 | €1,406,715 | +€282,829 | +25.2% |
| Operating profit (loss) | 9901 | €1,098,501 | €1,394,418 | +€295,917 | +26.9% |
| Financial income | 75/76B | €0 | €2,073,040 | +€2.1m | +518,259,913% |
| Recurring financial income | 75 | €0 | €2,073,040 | +€2.1m | +518,259,913% |
| Financial charges | 65/66B | €61 | €1,557 | +€1,497 | +2,474% |
| Recurring financial charges | 65 | €61 | €1,557 | +€1,497 | +2,474% |
| Profit (loss) for the period before taxes | 9903 | €1,098,441 | €3,465,901 | +€2.4m | +216% |
| Income taxes | 67/77 | €270,801 | €349,870 | +€79,069 | +29.2% |
| Profit (loss) for the period | 9904 | €827,640 | €3,116,032 | +€2.3m | +276% |
| Profit (loss) for the period to be appropriated | 9905 | €827,640 | €3,116,032 | +€2.3m | +276% |
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 31 October 2026 via checked.be.