ZANZIBAR: 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.
ZANZIBAR
Largest movements
- Cash -€1.2m
down €1.2m (-34.0%), from €3.5m to €2.3m
mainly Accrued charges and deferred income (-€960,094) and Trade debts (-€675,554)
- Receivables within one year -€398,103
down €398,103 (-47.3%), from €842,132 to €444,029
of which Trade receivables: -€403,465
- Deferred charges and accrued income +€190,383
up €190,383 (+13.4%), from €1.4m to €1.6m
- Accrued charges and deferred income -€960,094
down €960,094 (-31.3%), from €3.1m to €2.1m
- Trade debts -€675,554
down €675,554 (-32.6%), from €2.1m to €1.4m
- Advances received +€414,605
up €414,605 (+862%), from €48,124 to €462,729
- Tax, wage and social debts -€125,323
down €125,323 (-54.2%), from €231,297 to €105,974
of which Taxes: -€127,015
- Other debts -€100,000
down €100,000 (-100%), from €100,000 to €0
- Gross operating margin -€78,225
down €78,225 (-13.6%), from €573,167 to €494,941
- Taxes -€35,809
down €35,809 (-65.7%), from €54,476 to €18,668
- Staff costs +€24,018
up €24,018 (+6.3%), from €379,466 to €403,484
- Financial income -€22,532
down €22,532 (-95.1%), from €23,693 to €1,161
- Financial charges +€9,029
up €9,029, from -€87 to €8,942
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 | €5,851,880 | €4,453,235 | -€1.4m | -23.9% |
| Fixed assets | 21/28 | €46,934 | €58,321 | +€11,387 | +24.3% |
| Intangible fixed assets | 21 | €19,330 | €36,986 | +€17,656 | +91.3% |
| Tangible fixed assets | 22/27 | €21,604 | €15,335 | -€6,270 | -29.0% |
| Other tangible fixed assets | 26 | €21,604 | €15,335 | -€6,270 | -29.0% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €5,804,946 | €4,394,914 | -€1.4m | -24.3% |
| Amounts receivable within one year | 40/41 | €842,132 | €444,029 | -€398,103 | -47.3% |
| Trade receivables | 40 | €769,499 | €366,034 | -€403,465 | -52.4% |
| Other amounts receivable | 41 | €72,633 | €77,995 | +€5,362 | +7.4% |
| Cash at bank and in hand | 54/58 | €3,538,836 | €2,336,523 | -€1.2m | -34.0% |
| Deferred charges and accrued income | 490/1 | €1,423,978 | €1,614,362 | +€190,383 | +13.4% |
| Total equity and liabilities | 10/49 | €5,851,880 | €4,453,235 | -€1.4m | -23.9% |
| Equity | 10/15 | €330,039 | €377,760 | +€47,721 | +14.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,860 | €31,860 | = | 0.0% |
| Distributable reserves | 133 | €31,860 | €31,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €279,579 | €327,300 | +€47,721 | +17.1% |
| Amounts payable | 17/49 | €5,521,841 | €4,075,474 | -€1.4m | -26.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €2,452,956 | €1,966,684 | -€486,273 | -19.8% |
| Trade debts | 44 | €2,073,535 | €1,397,981 | -€675,554 | -32.6% |
| Suppliers | 440/4 | €2,073,535 | €1,397,981 | -€675,554 | -32.6% |
| Advances received on contracts in progress | 46 | €48,124 | €462,729 | +€414,605 | +862% |
| Taxes, remuneration and social security | 45 | €231,297 | €105,974 | -€125,323 | -54.2% |
| Taxes | 450/3 | €187,129 | €60,114 | -€127,015 | -67.9% |
| Remuneration and social security | 454/9 | €44,168 | €45,859 | +€1,691 | +3.8% |
| Other amounts payable | 47/48 | €100,000 | €0 | -€100,000 | -100% |
| Accrued charges and deferred income | 492/3 | €3,068,885 | €2,108,791 | -€960,094 | -31.3% |
| Remuneration, social security and pensions | 62 | €379,466 | €403,484 | +€24,018 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,027 | €14,958 | +€6,932 | +86.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,294 | €2,330 | +€35 | +1.5% |
| Gross operating margin | 9900 | €573,167 | €494,941 | -€78,225 | -13.6% |
| Operating profit (loss) | 9901 | €183,379 | €74,169 | -€109,210 | -59.6% |
| Financial income | 75/76B | €23,693 | €1,161 | -€22,532 | -95.1% |
| Recurring financial income | 75 | €23,693 | €1,161 | -€22,532 | -95.1% |
| Financial charges | 65/66B | -€87 | €8,942 | +€9,029 | |
| Recurring financial charges | 65 | -€87 | €8,942 | +€9,029 | |
| Profit (loss) for the period before taxes | 9903 | €207,159 | €66,389 | -€140,770 | -68.0% |
| Income taxes | 67/77 | €54,476 | €18,668 | -€35,809 | -65.7% |
| Profit (loss) for the period | 9904 | €152,683 | €47,721 | -€104,962 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €152,683 | €47,721 | -€104,962 | -68.7% |
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 29 October 2026 via checked.be.