ZANDD ENTERPRISES: 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.
ZANDD ENTERPRISES
Largest movements
- Cash +€16,746
up €16,746 (+226%), from €7,425 to €24,171
mainly Net result for the year (+€55,650) and Deferred charges and accrued income (+€11,063)
- Deferred charges and accrued income -€11,063
down €11,063 (-100%), from €11,063 to €0
- Receivables within one year +€10,390
up €10,390 (+14.4%), from €72,120 to €82,510
of which Other amounts receivable: +€15,390
- Current investments -€7,108
down €7,108 (-85.7%), from €8,297 to €1,189
- Profit (loss) carried forward +€35,650
up €35,650 (+401%), from €8,890 to €44,540
- Other debts -€20,000
down €20,000 (-50.0%), from €40,000 to €20,000
- Tax, wage and social debts -€9,280
down €9,280 (-100%), from €9,280 to €0
- Trade debts +€2,144
up €2,144 (+42.3%), from €5,068 to €7,212
- Gross operating margin +€45,001
up €45,001 (+440%), from €10,218 to €55,219
- Financial income +€14,694
up €14,694, from €0 to €14,694
of which Financial income: +€14,694
- Taxes -€7,538
down €7,538 (-50.1%), from €15,038 to €7,500
- Staff costs +€2,532
new in 2024: €2,532
- Financial charges -€808
down €808 (-19.6%), from €4,115 to €3,306
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,890 | €119,404 | +€8,515 | +7.7% |
| Fixed assets | 21/28 | €11,985 | €11,534 | -€450 | -3.8% |
| Tangible fixed assets | 22/27 | €1,033 | €583 | -€450 | -43.6% |
| Furniture and vehicles | 24 | €1,033 | €583 | -€450 | -43.6% |
| Financial fixed assets | 28 | €10,952 | €10,952 | = | 0.0% |
| Current assets | 29/58 | €98,905 | €107,870 | +€8,965 | +9.1% |
| Amounts receivable within one year | 40/41 | €72,120 | €82,510 | +€10,390 | +14.4% |
| Trade receivables | 40 | €5,000 | €0 | -€5,000 | -100% |
| Other amounts receivable | 41 | €67,120 | €82,510 | +€15,390 | +22.9% |
| Current investments | 50/53 | €8,297 | €1,189 | -€7,108 | -85.7% |
| Cash at bank and in hand | 54/58 | €7,425 | €24,171 | +€16,746 | +226% |
| Deferred charges and accrued income | 490/1 | €11,063 | €0 | -€11,063 | -100% |
| Total equity and liabilities | 10/49 | €110,890 | €119,404 | +€8,515 | +7.7% |
| Equity | 10/15 | €56,542 | €92,192 | +€35,650 | +63.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,452 | €41,452 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,452 | €1,452 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,452 | €1,452 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,890 | €44,540 | +€35,650 | +401% |
| Amounts payable | 17/49 | €54,347 | €27,212 | -€27,135 | -49.9% |
| Amounts payable within one year | 42/48 | €54,347 | €27,212 | -€27,135 | -49.9% |
| Trade debts | 44 | €5,068 | €7,212 | +€2,144 | +42.3% |
| Suppliers | 440/4 | €5,068 | €7,212 | +€2,144 | +42.3% |
| Taxes, remuneration and social security | 45 | €9,280 | €0 | -€9,280 | -100% |
| Taxes | 450/3 | €9,280 | €0 | -€9,280 | -100% |
| Other amounts payable | 47/48 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Remuneration, social security and pensions | 62 | - | €2,532 | +€2,532 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €608 | €450 | -€158 | -26.0% |
| Other operating charges | 640/8 | €237 | €475 | +€238 | +101% |
| Gross operating margin | 9900 | €10,218 | €55,219 | +€45,001 | +440% |
| Operating profit (loss) | 9901 | €9,373 | €51,763 | +€42,390 | +452% |
| Financial income | 75/76B | €0 | €14,694 | +€14,694 | |
| Recurring financial income | 75 | €0 | €14,694 | +€14,694 | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €4,115 | €3,306 | -€808 | -19.6% |
| Recurring financial charges | 65 | €4,115 | €3,306 | -€808 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €5,258 | €63,150 | +€57,892 | +1,101% |
| Income taxes | 67/77 | €15,038 | €7,500 | -€7,538 | -50.1% |
| Profit (loss) for the period | 9904 | -€9,780 | €55,650 | +€65,430 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,780 | €55,650 | +€65,430 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.