ZANDIMMO: 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.
ZANDIMMO
Largest movements
- Cash -€61,389
down €61,389 (-62.5%), from €98,148 to €36,758
mainly Receivables within one year (-€28,334) and Net result for the year (-€27,663)
- Receivables within one year +€28,334
up €28,334 (+168%), from €16,830 to €45,164
of which Trade receivables: +€25,447
- Tangible fixed assets +€25,386
up €25,386 (+434%), from €5,843 to €31,229
of which Land and buildings: +€26,645
- Profit (loss) carried forward -€27,663
down €27,663 (-64.3%), from €42,992 to €15,330
- Trade debts +€21,464
up €21,464 (+347%), from €6,180 to €27,644
- Other debts -€4,970
down €4,970 (-9.0%), from €55,066 to €50,096
- Tax, wage and social debts +€4,739
up €4,739 (+43.9%), from €10,806 to €15,546
of which Taxes: +€3,439
- Short-term financial debts -€1,910
no longer reported in 2025 (was €1,910)
- Gross operating margin -€74,759
down €74,759, from €50,354 to -€24,405
- Taxes -€17,140
down €17,140 (-98.5%), from €17,404 to €264
- Depreciation -€1,598
down €1,598 (-48.3%), from €3,308 to €1,710
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.
Derived cash bridge
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 | €122,574 | €114,234 | -€8,340 | -6.8% |
| Fixed assets | 21/28 | €5,963 | €31,349 | +€25,386 | +426% |
| Tangible fixed assets | 22/27 | €5,843 | €31,229 | +€25,386 | +434% |
| Land and buildings | 22 | - | €26,645 | +€26,645 | |
| Furniture and vehicles | 24 | €509 | €49 | -€460 | -90.3% |
| Other tangible fixed assets | 26 | €5,333 | €4,535 | -€799 | -15.0% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €116,611 | €82,885 | -€33,726 | -28.9% |
| Amounts receivable within one year | 40/41 | €16,830 | €45,164 | +€28,334 | +168% |
| Trade receivables | 40 | €15,939 | €41,386 | +€25,447 | +160% |
| Other amounts receivable | 41 | €890 | €3,777 | +€2,887 | +324% |
| Cash at bank and in hand | 54/58 | €98,148 | €36,758 | -€61,389 | -62.5% |
| Deferred charges and accrued income | 490/1 | €1,634 | €963 | -€671 | -41.1% |
| Total equity and liabilities | 10/49 | €122,574 | €114,234 | -€8,340 | -6.8% |
| Equity | 10/15 | €48,611 | €20,948 | -€27,663 | -56.9% |
| Contributions | 10/11 | €5,619 | €5,619 | = | 0.0% |
| Contributions outside capital | 11 | €5,619 | €5,619 | = | 0.0% |
| Other | 1109/19 | €5,619 | €5,619 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,992 | €15,330 | -€27,663 | -64.3% |
| Amounts payable | 17/49 | €73,963 | €93,286 | +€19,323 | +26.1% |
| Amounts payable within one year | 42/48 | €73,963 | €93,286 | +€19,323 | +26.1% |
| Financial debts | 43 | €1,910 | - | -€1,910 | |
| Credit institutions | 430/8 | €1,910 | - | -€1,910 | |
| Trade debts | 44 | €6,180 | €27,644 | +€21,464 | +347% |
| Suppliers | 440/4 | €6,180 | €27,644 | +€21,464 | +347% |
| Taxes, remuneration and social security | 45 | €10,806 | €15,546 | +€4,739 | +43.9% |
| Taxes | 450/3 | €10,806 | €14,246 | +€3,439 | +31.8% |
| Remuneration and social security | 454/9 | - | €1,300 | +€1,300 | |
| Other amounts payable | 47/48 | €55,066 | €50,096 | -€4,970 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,308 | €1,710 | -€1,598 | -48.3% |
| Other operating charges | 640/8 | €1,174 | €1,065 | -€109 | -9.3% |
| Gross operating margin | 9900 | €50,354 | -€24,405 | -€74,759 | |
| Operating profit (loss) | 9901 | €45,872 | -€27,180 | -€73,053 | |
| Financial income | 75/76B | €116 | €216 | +€100 | +86.3% |
| Recurring financial income | 75 | €116 | €216 | +€100 | +86.3% |
| Financial charges | 65/66B | €461 | €434 | -€27 | -5.9% |
| Recurring financial charges | 65 | €461 | €434 | -€27 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €45,527 | -€27,399 | -€72,926 | |
| Income taxes | 67/77 | €17,404 | €264 | -€17,140 | -98.5% |
| Profit (loss) for the period | 9904 | €28,123 | -€27,663 | -€55,785 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,123 | -€27,663 | -€55,785 |
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 22 October 2026 via checked.be.