Zandagro: 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.
Zandagro
Largest movements
- Cash +€4,669
up €4,669 (+24.8%), from €18,845 to €23,513
mainly Net result for the year (+€13,457) and Accrued charges and deferred income (+€400)
- Receivables within one year +€4,128
up €4,128 (+10.7%), from €38,476 to €42,603
of which Trade receivables: +€3,215
- Reserves +€13,457
up €13,457 (+31.6%), from €42,565 to €56,022
- Trade debts -€3,165
down €3,165 (-32.1%), from €9,860 to €6,695
- Tax, wage and social debts -€1,895
down €1,895 (-100.0%), from €1,895 to €0
- Gross operating margin -€7,488
down €7,488 (-28.6%), from €26,153 to €18,665
- Taxes -€603
down €603 (-11.9%), from €5,089 to €4,486
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 | €57,320 | €66,117 | +€8,796 | +15.3% |
| Current assets | 29/58 | €57,320 | €66,117 | +€8,796 | +15.3% |
| Amounts receivable within one year | 40/41 | €38,476 | €42,603 | +€4,128 | +10.7% |
| Trade receivables | 40 | €38,452 | €41,666 | +€3,215 | +8.4% |
| Other amounts receivable | 41 | €24 | €937 | +€913 | +3805.6% |
| Cash at bank and in hand | 54/58 | €18,845 | €23,513 | +€4,669 | +24.8% |
| Total equity and liabilities | 10/49 | €57,320 | €66,117 | +€8,796 | +15.3% |
| Equity | 10/15 | €45,565 | €59,022 | +€13,457 | +29.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €42,565 | €56,022 | +€13,457 | +31.6% |
| Distributable reserves | 133 | €42,565 | €56,022 | +€13,457 | +31.6% |
| Amounts payable | 17/49 | €11,755 | €7,095 | -€4,660 | -39.6% |
| Amounts payable within one year | 42/48 | €11,755 | €6,695 | -€5,060 | -43.0% |
| Trade debts | 44 | €9,860 | €6,695 | -€3,165 | -32.1% |
| Suppliers | 440/4 | €9,860 | €6,695 | -€3,165 | -32.1% |
| Taxes, remuneration and social security | 45 | €1,895 | €0 | -€1,895 | -100.0% |
| Taxes | 450/3 | €1,895 | €0 | -€1,895 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Other operating charges | 640/8 | €664 | €682 | +€18 | +2.8% |
| Gross operating margin | 9900 | €26,153 | €18,665 | -€7,488 | -28.6% |
| Operating profit (loss) | 9901 | €25,489 | €17,983 | -€7,506 | -29.4% |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €25,446 | €17,943 | -€7,503 | -29.5% |
| Income taxes | 67/77 | €5,089 | €4,486 | -€603 | -11.9% |
| Profit (loss) for the period | 9904 | €20,356 | €13,457 | -€6,900 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,356 | €13,457 | -€6,900 | -33.9% |
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.