ZANZI: 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.
ZANZI
Largest movements
- Cash +€50,270
up €50,270 (+43.0%), from €116,791 to €167,061
mainly Net result for the year (+€40,438) and Tax, wage and social debts (+€24,622)
- Receivables within one year +€26,766
up €26,766 (+38.0%), from €70,438 to €97,204
of which Other amounts receivable: +€26,766
- Tangible fixed assets -€19,545
down €19,545 (-20.9%), from €93,594 to €74,049
of which Furniture and vehicles: -€13,130
- Profit (loss) carried forward +€40,438
up €40,438 (+16.5%), from €244,422 to €284,860
- Tax, wage and social debts +€24,622
up €24,622 (+110.7%), from €22,245 to €46,867
of which Remuneration and social security: +€12,759
- Other debts -€11,380
down €11,380 (-88.1%), from €12,920 to €1,540
- Trade debts +€4,520
up €4,520 (+35.4%), from €12,768 to €17,288
- Gross operating margin +€48,355
up €48,355 (+146.5%), from €33,016 to €81,371
- Taxes +€14,817
up €14,817 (+2506.6%), from €591 to €15,408
- Financial income +€6,756
up €6,756 (+940.2%), from €718 to €7,474
- Staff costs +€1,045
up €1,045 (+12.4%), from €8,432 to €9,477
- Other operating charges -€882
down €882 (-31.3%), from €2,821 to €1,939
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 | €298,625 | €357,225 | +€58,600 | +19.6% |
| Fixed assets | 21/28 | €94,729 | €75,184 | -€19,545 | -20.6% |
| Tangible fixed assets | 22/27 | €93,594 | €74,049 | -€19,545 | -20.9% |
| Land and buildings | 22 | €45,833 | €45,833 | +€1 | 0.0% |
| Plant, machinery and equipment | 23 | €25,138 | €18,723 | -€6,415 | -25.5% |
| Furniture and vehicles | 24 | €22,623 | €9,493 | -€13,130 | -58.0% |
| Financial fixed assets | 28 | €1,135 | €1,135 | = | 0.0% |
| Current assets | 29/58 | €203,896 | €282,041 | +€78,145 | +38.3% |
| Stocks and contracts in progress | 3 | €14,600 | €17,300 | +€2,700 | +18.5% |
| Stocks | 30/36 | €14,600 | €17,300 | +€2,700 | +18.5% |
| Amounts receivable within one year | 40/41 | €70,438 | €97,204 | +€26,766 | +38.0% |
| Trade receivables | 40 | €1,191 | €1,191 | +€0 | 0.0% |
| Other amounts receivable | 41 | €69,247 | €96,013 | +€26,766 | +38.7% |
| Cash at bank and in hand | 54/58 | €116,791 | €167,061 | +€50,270 | +43.0% |
| Deferred charges and accrued income | 490/1 | €2,067 | €476 | -€1,591 | -77.0% |
| Total equity and liabilities | 10/49 | €298,625 | €357,225 | +€58,600 | +19.6% |
| Equity | 10/15 | €250,692 | €291,130 | +€40,438 | +16.1% |
| Contributions | 10/11 | €6,270 | €6,270 | = | 0.0% |
| Profit (loss) carried forward | 14 | €244,422 | €284,860 | +€40,438 | +16.5% |
| Amounts payable | 17/49 | €47,933 | €66,095 | +€18,162 | +37.9% |
| Amounts payable within one year | 42/48 | €47,933 | €65,695 | +€17,762 | +37.1% |
| Trade debts | 44 | €12,768 | €17,288 | +€4,520 | +35.4% |
| Suppliers | 440/4 | €12,768 | €17,288 | +€4,520 | +35.4% |
| Taxes, remuneration and social security | 45 | €22,245 | €46,867 | +€24,622 | +110.7% |
| Taxes | 450/3 | €13,256 | €25,119 | +€11,863 | +89.5% |
| Remuneration and social security | 454/9 | €8,989 | €21,748 | +€12,759 | +141.9% |
| Other amounts payable | 47/48 | €12,920 | €1,540 | -€11,380 | -88.1% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €8,432 | €9,477 | +€1,045 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,396 | €19,545 | +€149 | +0.8% |
| Other operating charges | 640/8 | €2,821 | €1,939 | -€882 | -31.3% |
| Gross operating margin | 9900 | €33,016 | €81,371 | +€48,355 | +146.5% |
| Operating profit (loss) | 9901 | €2,366 | €50,410 | +€48,044 | +2030.2% |
| Financial income | 75/76B | €718 | €7,474 | +€6,756 | +940.2% |
| Recurring financial income | 75 | €718 | €7,474 | +€6,756 | +940.2% |
| Financial charges | 65/66B | €2,336 | €2,038 | -€298 | -12.8% |
| Recurring financial charges | 65 | €2,336 | €2,038 | -€298 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €749 | €55,846 | +€55,097 | +7356.7% |
| Income taxes | 67/77 | €591 | €15,408 | +€14,817 | +2506.6% |
| Profit (loss) for the period | 9904 | €158 | €40,438 | +€40,280 | +25522.9% |
| Profit (loss) for the period to be appropriated | 9905 | €158 | €40,438 | +€40,280 | +25522.9% |
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.