ZANABO: 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.
ZANABO
Largest movements
- Current investments -€115,000
down €115,000 (-100.0%), from €115,000 to €0
- Cash +€10,010
up €10,010 (+40.5%), from €24,687 to €34,698
mainly Current investments (+€115,000) and Depreciation (+€4,090)
- Tangible fixed assets +€7,469
up €7,469, from €0 to €7,469
- Other debts -€91,948
down €91,948 (-77.4%), from €118,789 to €26,841
- Profit (loss) carried forward -€3,705
down €3,705 (-230.2%), from -€1,609 to -€5,314
- Tax, wage and social debts -€1,948
down €1,948 (-32.8%), from €5,946 to €3,997
of which Taxes: -€1,893
- Gross operating margin +€6,964
up €6,964, from -€2,072 to €4,893
- Depreciation +€3,600
up €3,600 (+735.5%), from €490 to €4,090
- Taxes +€3,201
up €3,201 (+453.4%), from €706 to €3,908
- Financial income -€2,105
down €2,105 (-72.3%), from €2,910 to €805
- Other operating charges +€108
up €108 (+9.7%), from €1,111 to €1,219
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.
Cash bridge derived
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 | €144,626 | €46,791 | -€97,835 | -67.6% |
| Fixed assets | 21/28 | €0 | €7,469 | +€7,469 | |
| Tangible fixed assets | 22/27 | €0 | €7,469 | +€7,469 | |
| Furniture and vehicles | 24 | €0 | €7,469 | +€7,469 | |
| Current assets | 29/58 | €144,626 | €39,322 | -€105,304 | -72.8% |
| Amounts receivable within one year | 40/41 | €2,282 | €1,851 | -€431 | -18.9% |
| Other amounts receivable | 41 | €2,282 | €1,851 | -€431 | -18.9% |
| Current investments | 50/53 | €115,000 | €0 | -€115,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €24,687 | €34,698 | +€10,010 | +40.5% |
| Deferred charges and accrued income | 490/1 | €2,657 | €2,773 | +€116 | +4.4% |
| Total equity and liabilities | 10/49 | €144,626 | €46,791 | -€97,835 | -67.6% |
| Equity | 10/15 | €18,851 | €15,146 | -€3,705 | -19.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€1,609 | -€5,314 | -€3,705 | -230.2% |
| Amounts payable | 17/49 | €125,775 | €31,645 | -€94,130 | -74.8% |
| Amounts payable within one year | 42/48 | €125,775 | €31,645 | -€94,130 | -74.8% |
| Trade debts | 44 | €1,040 | €807 | -€234 | -22.4% |
| Suppliers | 440/4 | €1,040 | €807 | -€234 | -22.4% |
| Taxes, remuneration and social security | 45 | €5,946 | €3,997 | -€1,948 | -32.8% |
| Taxes | 450/3 | €3,147 | €1,254 | -€1,893 | -60.1% |
| Remuneration and social security | 454/9 | €2,799 | €2,743 | -€56 | -2.0% |
| Other amounts payable | 47/48 | €118,789 | €26,841 | -€91,948 | -77.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €490 | €4,090 | +€3,600 | +735.5% |
| Other operating charges | 640/8 | €1,111 | €1,219 | +€108 | +9.7% |
| Gross operating margin | 9900 | -€2,072 | €4,893 | +€6,964 | |
| Operating profit (loss) | 9901 | -€3,672 | -€417 | +€3,256 | +88.6% |
| Financial income | 75/76B | €2,910 | €805 | -€2,105 | -72.3% |
| Recurring financial income | 75 | €2,910 | €805 | -€2,105 | -72.3% |
| Financial charges | 65/66B | €141 | €185 | +€45 | +31.8% |
| Recurring financial charges | 65 | €141 | €185 | +€45 | +31.8% |
| Profit (loss) for the period before taxes | 9903 | -€903 | €203 | +€1,106 | |
| Income taxes | 67/77 | €706 | €3,908 | +€3,201 | +453.4% |
| Profit (loss) for the period | 9904 | -€1,609 | -€3,705 | -€2,096 | -130.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,609 | -€3,705 | -€2,096 | -130.2% |
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 10 October 2026 via checked.be.