Zanuvi: 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.
Zanuvi
Largest movements
- Receivables within one year +€168,839
up €168,839 (+559%), from €30,211 to €199,050
of which Other amounts receivable: +€168,954
- Cash -€140,546
down €140,546 (-96.7%), from €145,276 to €4,731
mainly Receivables within one year (-€168,839) and Tax, wage and social debts (-€20,578)
- Tangible fixed assets -€16,213
down €16,213 (-72.0%), from €22,533 to €6,320
- Receivables after one year -€7,500
no longer reported in 2025 (was €7,500)
- Reserves +€39,829
up €39,829 (+26.1%), from €152,716 to €192,545
- Tax, wage and social debts -€20,578
down €20,578 (-83.3%), from €24,692 to €4,114
of which Taxes: -€20,578
- Current portion of long-term debt -€7,209
down €7,209 (-57.2%), from €12,612 to €5,402
- Debts after one year -€5,402
no longer reported in 2025 (was €5,402)
- Gross operating margin -€15,192
down €15,192 (-18.3%), from €83,074 to €67,882
- Financial income +€5,016
up €5,016 (+6,022%), from €83 to €5,099
- Taxes -€3,506
down €3,506 (-18.0%), from €19,456 to €15,949
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 | €207,593 | €213,132 | +€5,539 | +2.7% |
| Fixed assets | 21/28 | €22,783 | €6,570 | -€16,213 | -71.2% |
| Tangible fixed assets | 22/27 | €22,533 | €6,320 | -€16,213 | -72.0% |
| Furniture and vehicles | 24 | €22,533 | €6,320 | -€16,213 | -72.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €184,810 | €206,562 | +€21,752 | +11.8% |
| Amounts receivable after more than one year | 29 | €7,500 | - | -€7,500 | |
| Other amounts receivable | 291 | €7,500 | - | -€7,500 | |
| Amounts receivable within one year | 40/41 | €30,211 | €199,050 | +€168,839 | +559% |
| Trade receivables | 40 | €28,527 | €28,412 | -€114 | -0.4% |
| Other amounts receivable | 41 | €1,684 | €170,637 | +€168,954 | +10,034% |
| Cash at bank and in hand | 54/58 | €145,276 | €4,731 | -€140,546 | -96.7% |
| Deferred charges and accrued income | 490/1 | €1,823 | €2,782 | +€958 | +52.6% |
| Total equity and liabilities | 10/49 | €207,593 | €213,132 | +€5,539 | +2.7% |
| Equity | 10/15 | €160,116 | €199,945 | +€39,829 | +24.9% |
| Contributions | 10/11 | €7,400 | €7,400 | = | 0.0% |
| Reserves | 13 | €152,716 | €192,545 | +€39,829 | +26.1% |
| Distributable reserves | 133 | €152,716 | €192,545 | +€39,829 | +26.1% |
| Amounts payable | 17/49 | €47,477 | €13,187 | -€34,290 | -72.2% |
| Amounts payable after more than one year | 17 | €5,402 | - | -€5,402 | |
| Financial debts | 170/4 | €5,402 | - | -€5,402 | |
| Amounts payable within one year | 42/48 | €41,728 | €13,187 | -€28,540 | -68.4% |
| Current portion of amounts payable after more than one year | 42 | €12,612 | €5,402 | -€7,209 | -57.2% |
| Trade debts | 44 | €4,424 | €3,608 | -€816 | -18.5% |
| Suppliers | 440/4 | €4,424 | €3,608 | -€816 | -18.5% |
| Taxes, remuneration and social security | 45 | €24,692 | €4,114 | -€20,578 | -83.3% |
| Taxes | 450/3 | €22,738 | €2,160 | -€20,578 | -90.5% |
| Remuneration and social security | 454/9 | €1,953 | €1,953 | = | 0.0% |
| Other amounts payable | 47/48 | - | €64 | +€64 | |
| Accrued charges and deferred income | 492/3 | €347 | - | -€347 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,510 | €16,213 | -€297 | -1.8% |
| Other operating charges | 640/8 | €305 | €309 | +€4 | +1.2% |
| Gross operating margin | 9900 | €83,074 | €67,882 | -€15,192 | -18.3% |
| Operating profit (loss) | 9901 | €66,259 | €51,361 | -€14,898 | -22.5% |
| Financial income | 75/76B | €83 | €5,099 | +€5,016 | +6,022% |
| Recurring financial income | 75 | €83 | €5,099 | +€5,016 | +6,022% |
| Financial charges | 65/66B | €1,168 | €681 | -€486 | -41.7% |
| Recurring financial charges | 65 | €1,168 | €681 | -€486 | -41.7% |
| Profit (loss) for the period before taxes | 9903 | €65,175 | €55,779 | -€9,396 | -14.4% |
| Income taxes | 67/77 | €19,456 | €15,949 | -€3,506 | -18.0% |
| Profit (loss) for the period | 9904 | €45,719 | €39,829 | -€5,890 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €45,719 | €39,829 | -€5,890 | -12.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.