ZAMZAM TRANS: what changed
ZAMZAM TRANS
Largest movements
- Receivables within one year -€68,506
down €68,506 (-44.0%), from €155,806 to €87,300
of which Trade receivables: -€60,926
- Tangible fixed assets -€2,898
down €2,898 (-15.7%), from €18,415 to €15,517
of which Furniture and vehicles: -€2,445
- Cash +€2,451
up €2,451 (+4,087%), from €60 to €2,511
mainly Receivables within one year (+€68,506) and Depreciation (+€4,675)
- Profit (loss) carried forward -€20,477
down €20,477 (-35.4%), from €57,907 to €37,430
- Advances received -€18,724
down €18,724 (-44.5%), from €42,069 to €23,345
- Trade debts -€15,613
down €15,613 (-39.3%), from €39,691 to €24,077
- Debts after one year -€5,121
down €5,121 (-44.1%), from €11,608 to €6,487
- Current portion of long-term debt -€5,091
down €5,091 (-49.9%), from €10,212 to €5,121
- Staff costs +€24,052
new in 2025: €24,052
- Gross operating margin -€21,145
down €21,145 (-73.0%), from €28,972 to €7,826
- Taxes -€9,312
down €9,312 (-94.2%), from €9,882 to €570
- Financial income +€2,805
new in 2025: €2,805
- Depreciation +€2,422
up €2,422 (+108%), from €2,253 to €4,675
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €184,341 | €116,978 | -€67,363 | -36.5% |
| Fixed assets | 21/28 | €28,475 | €25,577 | -€2,898 | -10.2% |
| Tangible fixed assets | 22/27 | €18,415 | €15,517 | -€2,898 | -15.7% |
| Plant, machinery and equipment | 23 | €491 | €38 | -€453 | -92.3% |
| Furniture and vehicles | 24 | €17,924 | €15,479 | -€2,445 | -13.6% |
| Financial fixed assets | 28 | €10,060 | €10,060 | = | 0.0% |
| Current assets | 29/58 | €155,866 | €91,401 | -€64,465 | -41.4% |
| Amounts receivable within one year | 40/41 | €155,806 | €87,300 | -€68,506 | -44.0% |
| Trade receivables | 40 | €107,328 | €46,402 | -€60,926 | -56.8% |
| Other amounts receivable | 41 | €48,478 | €40,898 | -€7,580 | -15.6% |
| Cash at bank and in hand | 54/58 | €60 | €2,511 | +€2,451 | +4,087% |
| Deferred charges and accrued income | 490/1 | - | €1,590 | +€1,590 | |
| Total equity and liabilities | 10/49 | €184,341 | €116,978 | -€67,363 | -36.5% |
| Equity | 10/15 | €69,907 | €49,430 | -€20,477 | -29.3% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,907 | €37,430 | -€20,477 | -35.4% |
| Amounts payable | 17/49 | €114,435 | €67,548 | -€46,886 | -41.0% |
| Amounts payable after more than one year | 17 | €11,608 | €6,487 | -€5,121 | -44.1% |
| Financial debts | 170/4 | €11,608 | €6,487 | -€5,121 | -44.1% |
| Amounts payable within one year | 42/48 | €102,826 | €61,061 | -€41,766 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €10,212 | €5,121 | -€5,091 | -49.9% |
| Trade debts | 44 | €39,691 | €24,077 | -€15,613 | -39.3% |
| Suppliers | 440/4 | €39,691 | €24,077 | -€15,613 | -39.3% |
| Advances received on contracts in progress | 46 | €42,069 | €23,345 | -€18,724 | -44.5% |
| Taxes, remuneration and social security | 45 | €9,855 | €8,518 | -€1,338 | -13.6% |
| Taxes | 450/3 | €9,077 | €6,504 | -€2,573 | -28.3% |
| Remuneration and social security | 454/9 | €778 | €2,013 | +€1,235 | +159% |
| Other amounts payable | 47/48 | €1,000 | - | -€1,000 | |
| Remuneration, social security and pensions | 62 | - | €24,052 | +€24,052 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,253 | €4,675 | +€2,422 | +108% |
| Other operating charges | 640/8 | €435 | €1,580 | +€1,144 | +263% |
| Gross operating margin | 9900 | €28,972 | €7,826 | -€21,145 | -73.0% |
| Operating profit (loss) | 9901 | €26,283 | -€22,481 | -€48,764 | |
| Financial income | 75/76B | - | €2,805 | +€2,805 | |
| Recurring financial income | 75 | - | €2,805 | +€2,805 | |
| Financial charges | 65/66B | €621 | €231 | -€390 | -62.8% |
| Recurring financial charges | 65 | €621 | €231 | -€390 | -62.8% |
| Profit (loss) for the period before taxes | 9903 | €25,662 | -€19,907 | -€45,569 | |
| Income taxes | 67/77 | €9,882 | €570 | -€9,312 | -94.2% |
| Profit (loss) for the period | 9904 | €15,780 | -€20,477 | -€36,257 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,780 | -€20,477 | -€36,257 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.