ZAMBON: 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.
What changed
ZAMBON
NACE 46.460, Wholesale of pharmaceutical and medical goods
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €1.4m+€3,678
Equity
€3.0m
2024 · €2.9m+€72,407
Cash
-
not filed
Balance sheet total
€7.7m
2024 · €7.7m-€32,895
Largest movements
Assets
- Stocks and contracts +€1.3m
up €1.3m (+64.7%), from €2.0m to €3.3m
- Receivables within one year -€1.3m
down €1.3m (-22.9%), from €5.5m to €4.2m
of which Other amounts receivable: -€1.9m
Equity and liabilities
- Other debts -€397,820
down €397,820 (-20.0%), from €2.0m to €1.6m
- Trade debts +€187,231
up €187,231 (+9.3%), from €2.0m to €2.2m
- Tax, wage and social debts +€105,283
up €105,283 (+13.0%), from €806,886 to €912,169
of which Taxes: +€149,058
Income statement
- Goods and materials -€371,622
down €371,622 (-3.3%), from €11.3m to €10.9m
of which Change in stocks: decrease (increase): -€1.6m
- Turnover -€251,903
down €251,903 (-1.3%), from €19.1m to €18.8m
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.
Result 2024
€1.4m
Turnover
-€251,903
Other operating income
-€83,009
Goods and materials
+€371,622
Services and other goods
+€35,418
Staff costs
+€134,980
Depreciation
+€3,068
Write-downs
-€114,000
Other operating charges
-€18,751
Financial income
-€67,504
Financial charges
-€10,011
Taxes
+€3,768
Result 2025
€1.5m
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,704,914 | €7,672,020 | -€32,895 | -0.4% |
| Fixed assets | 21/28 | €64,094 | €45,761 | -€18,333 | -28.6% |
| Tangible fixed assets | 22/27 | €63,989 | €45,656 | -€18,333 | -28.7% |
| Furniture and vehicles | 24 | €63,989 | €44,012 | -€19,977 | -31.2% |
| Assets under construction and advance payments | 27 | - | €1,644 | +€1,644 | |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Other financial fixed assets | 284/8 | €105 | €105 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €7,640,821 | €7,626,259 | -€14,562 | -0.2% |
| Stocks and contracts in progress | 3 | €2,004,702 | €3,301,497 | +€1.3m | +64.7% |
| Stocks | 30/36 | €2,004,702 | €3,301,497 | +€1.3m | +64.7% |
| Goods purchased for resale | 34 | €2,004,702 | €3,301,497 | +€1.3m | +64.7% |
| Amounts receivable within one year | 40/41 | €5,503,333 | €4,244,721 | -€1.3m | -22.9% |
| Trade receivables | 40 | €820,577 | €1,423,513 | +€602,937 | +73.5% |
| Other amounts receivable | 41 | €4,682,756 | €2,821,208 | -€1.9m | -39.8% |
| Deferred charges and accrued income | 490/1 | €132,785 | €80,041 | -€52,745 | -39.7% |
| Total equity and liabilities | 10/49 | €7,704,914 | €7,672,020 | -€32,895 | -0.4% |
| Equity | 10/15 | €2,882,671 | €2,955,078 | +€72,407 | +2.5% |
| Contributions | 10/11 | €1,600,017 | €1,600,017 | = | 0.0% |
| Capital | 10 | €1,600,017 | €1,600,017 | = | 0.0% |
| Issued capital | 100 | €1,600,017 | €1,600,017 | = | 0.0% |
| Reserves | 13 | €100,000 | €160,002 | +€60,002 | +60.0% |
| Non-distributable reserves | 130/1 | €100,000 | €160,002 | +€60,002 | +60.0% |
| Legal reserve | 130 | €100,000 | €160,002 | +€60,002 | +60.0% |
| Profit (loss) carried forward | 14 | €1,182,654 | €1,195,059 | +€12,405 | +1.0% |
| Amounts payable | 17/49 | €4,822,243 | €4,716,942 | -€105,301 | -2.2% |
| Amounts payable within one year | 42/48 | €4,822,243 | €4,716,938 | -€105,306 | -2.2% |
| Trade debts | 44 | €2,021,570 | €2,208,800 | +€187,231 | +9.3% |
| Suppliers | 440/4 | €2,021,570 | €2,208,800 | +€187,231 | +9.3% |
| Taxes, remuneration and social security | 45 | €806,886 | €912,169 | +€105,283 | +13.0% |
| Taxes | 450/3 | - | €149,058 | +€149,058 | |
| Remuneration and social security | 454/9 | €806,886 | €763,111 | -€43,775 | -5.4% |
| Other amounts payable | 47/48 | €1,993,788 | €1,595,968 | -€397,820 | -20.0% |
| Accrued charges and deferred income | 492/3 | - | €4 | +€4 | |
| Operating income | 70/76A | €20,490,058 | €20,155,146 | -€334,912 | -1.6% |
| Turnover | 70 | €19,072,337 | €18,820,434 | -€251,903 | -1.3% |
| Other operating income | 74 | €1,417,721 | €1,334,712 | -€83,009 | -5.9% |
| Operating charges | 60/66A | €18,640,459 | €18,228,121 | -€412,338 | -2.2% |
| Goods for resale, raw materials and consumables | 60 | €11,263,310 | €10,891,688 | -€371,622 | -3.3% |
| Purchases | 600/8 | €11,011,063 | €12,198,483 | +€1.2m | +10.8% |
| Change in stocks: decrease (increase) | 609 | €252,247 | -€1,306,795 | -€1.6m | |
| Services and other goods | 61 | €2,938,656 | €2,903,238 | -€35,418 | -1.2% |
| Remuneration, social security and pensions | 62 | €3,851,043 | €3,716,063 | -€134,980 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,081 | €13,012 | -€3,068 | -19.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€104,000 | €10,000 | +€114,000 | |
| Other operating charges | 640/8 | €675,368 | €694,119 | +€18,751 | +2.8% |
| Operating profit (loss) | 9901 | €1,849,600 | €1,927,025 | +€77,426 | +4.2% |
| Financial income | 75/76B | €126,362 | €58,859 | -€67,504 | -53.4% |
| Recurring financial income | 75 | €126,362 | €57,405 | -€68,958 | -54.6% |
| Income from current assets | 751 | €126,362 | €57,405 | -€68,957 | -54.6% |
| Other financial income | 752/9 | €1 | €0 | -€1 | -91.2% |
| Non-recurring financial income | 76B | - | €1,454 | +€1,454 | |
| Financial charges | 65/66B | €3,030 | €13,041 | +€10,011 | +330.4% |
| Recurring financial charges | 65 | €3,030 | €2,848 | -€182 | -6.0% |
| Debt charges | 650 | - | €85 | +€85 | |
| Other financial charges | 652/9 | €3,030 | €2,763 | -€266 | -8.8% |
| Non-recurring financial charges | 66B | - | €10,193 | +€10,193 | |
| Profit (loss) for the period before taxes | 9903 | €1,972,932 | €1,972,843 | -€90 | 0.0% |
| Income taxes | 67/77 | €523,768 | €520,000 | -€3,768 | -0.7% |
| Taxes | 670/3 | €526,000 | €520,000 | -€6,000 | -1.1% |
| Tax adjustments and reversals of tax provisions | 77 | €2,232 | - | -€2,232 | |
| Profit (loss) for the period | 9904 | €1,449,165 | €1,452,843 | +€3,678 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,449,165 | €1,452,843 | +€3,678 | +0.3% |
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 30 September 2026 via checked.be.