ZAMIA: 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.
ZAMIA
Largest movements
- Cash +€38,462
up €38,462 (+85.9%), from €44,777 to €83,239
mainly Net result for the year (+€30,149) and Investment in fixed assets (net) (+€14,737)
- Tangible fixed assets -€15,173
down €15,173 (-96.3%), from €15,748 to €575
of which Furniture and vehicles: -€14,737
- Receivables within one year +€15,091
up €15,091 (+13.0%), from €115,810 to €130,901
of which Trade receivables: +€18,643
- Profit (loss) carried forward +€27,136
up €27,136, from -€27,136 to €0
- Trade debts +€6,828
up €6,828 (+18.9%), from €36,063 to €42,891
- Reserves +€3,012
up €3,012 (+40.2%), from €7,500 to €10,512
of which Distributable reserves: +€3,012
- Tax, wage and social debts +€2,234
up €2,234 (+3.4%), from €65,079 to €67,314
of which Remuneration and social security: +€5,693
- Gross operating margin +€56,376
up €56,376 (+21.8%), from €258,808 to €315,183
- Depreciation -€12,701
down €12,701 (-96.7%), from €13,137 to €436
- Staff costs -€10,206
down €10,206 (-3.4%), from €299,740 to €289,534
- Financial income +€8,590
up €8,590 (+109,290%), from €8 to €8,598
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €180,930 | €217,928 | +€36,998 | +20.4% |
| Fixed assets | 21/28 | €15,748 | €575 | -€15,173 | -96.3% |
| Tangible fixed assets | 22/27 | €15,748 | €575 | -€15,173 | -96.3% |
| Plant, machinery and equipment | 23 | €149 | €0 | -€149 | -100% |
| Furniture and vehicles | 24 | €14,737 | €0 | -€14,737 | -100% |
| Other tangible fixed assets | 26 | €863 | €575 | -€288 | -33.3% |
| Current assets | 29/58 | €165,182 | €217,353 | +€52,171 | +31.6% |
| Amounts receivable within one year | 40/41 | €115,810 | €130,901 | +€15,091 | +13.0% |
| Trade receivables | 40 | €112,258 | €130,901 | +€18,643 | +16.6% |
| Other amounts receivable | 41 | €3,552 | €0 | -€3,552 | -100% |
| Cash at bank and in hand | 54/58 | €44,777 | €83,239 | +€38,462 | +85.9% |
| Deferred charges and accrued income | 490/1 | €4,596 | €3,213 | -€1,383 | -30.1% |
| Total equity and liabilities | 10/49 | €180,930 | €217,928 | +€36,998 | +20.4% |
| Equity | 10/15 | €55,364 | €85,512 | +€30,149 | +54.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €7,500 | €10,512 | +€3,012 | +40.2% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €0 | €3,012 | +€3,012 | |
| Profit (loss) carried forward | 14 | -€27,136 | €0 | +€27,136 | |
| Amounts payable | 17/49 | €125,566 | €132,416 | +€6,849 | +5.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €102,595 | €110,205 | +€7,610 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €1,453 | €0 | -€1,453 | -100% |
| Trade debts | 44 | €36,063 | €42,891 | +€6,828 | +18.9% |
| Suppliers | 440/4 | €36,063 | €42,891 | +€6,828 | +18.9% |
| Taxes, remuneration and social security | 45 | €65,079 | €67,314 | +€2,234 | +3.4% |
| Taxes | 450/3 | €19,640 | €16,181 | -€3,459 | -17.6% |
| Remuneration and social security | 454/9 | €45,439 | €51,132 | +€5,693 | +12.5% |
| Accrued charges and deferred income | 492/3 | €22,971 | €22,211 | -€760 | -3.3% |
| Remuneration, social security and pensions | 62 | €299,740 | €289,534 | -€10,206 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,137 | €436 | -€12,701 | -96.7% |
| Other operating charges | 640/8 | €1,132 | €1,556 | +€424 | +37.4% |
| Non-recurring operating charges | 66A | - | €633 | +€633 | |
| Gross operating margin | 9900 | €258,808 | €315,183 | +€56,376 | +21.8% |
| Operating profit (loss) | 9901 | -€55,201 | €23,024 | +€78,225 | |
| Financial income | 75/76B | €8 | €8,598 | +€8,590 | +109,290% |
| Recurring financial income | 75 | €8 | €8,598 | +€8,590 | +109,290% |
| Financial charges | 65/66B | €1,344 | €999 | -€346 | -25.7% |
| Recurring financial charges | 65 | €1,344 | €999 | -€346 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | -€56,538 | €30,623 | +€87,161 | |
| Income taxes | 67/77 | €386 | €475 | +€89 | +23.1% |
| Profit (loss) for the period | 9904 | -€56,923 | €30,149 | +€87,072 | |
| Profit (loss) for the period to be appropriated | 9905 | -€56,923 | €30,149 | +€87,072 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.