ZANZIBAR: what changed
Two fiscal 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
- Receivables within one year -€45,345
down €45,345 (-72.4%), from €62,627 to €17,282
of which Trade receivables: -€35,428
- Tangible fixed assets -€25,581
down €25,581 (-12.2%), from €208,937 to €183,356
of which Land and buildings: -€16,417
- Advances received -€47,518
down €47,518 (-100.0%), from €47,518 to €0
- Profit (loss) carried forward -€35,454
down €35,454 (-12.9%), from -€274,205 to -€309,660
- Other debts +€30,000
up €30,000 (+275.5%), from €10,888 to €40,888
- Debts after one year -€21,236
down €21,236 (-4.9%), from €431,685 to €410,449
- Trade debts +€2,866
up €2,866 (+20.2%), from €14,197 to €17,063
- Other operating charges -€3,991
down €3,991 (-35.7%), from €11,184 to €7,194
- Gross operating margin +€3,341
up €3,341 (+45.9%), from €7,276 to €10,618
- Depreciation +€294
up €294 (+0.8%), from €37,746 to €38,041
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.
Cash bridge derived
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 | €275,487 | €204,326 | -€71,161 | -25.8% |
| Fixed assets | 21/28 | €208,937 | €184,106 | -€24,831 | -11.9% |
| Tangible fixed assets | 22/27 | €208,937 | €183,356 | -€25,581 | -12.2% |
| Land and buildings | 22 | €188,235 | €171,818 | -€16,417 | -8.7% |
| Plant, machinery and equipment | 23 | €12,980 | €11,538 | -€1,442 | -11.1% |
| Furniture and vehicles | 24 | €7,722 | €0 | -€7,722 | -100.0% |
| Financial fixed assets | 28 | - | €750 | +€750 | |
| Current assets | 29/58 | €66,550 | €20,220 | -€46,330 | -69.6% |
| Amounts receivable within one year | 40/41 | €62,627 | €17,282 | -€45,345 | -72.4% |
| Trade receivables | 40 | €45,428 | €10,000 | -€35,428 | -78.0% |
| Other amounts receivable | 41 | €17,199 | €7,282 | -€9,917 | -57.7% |
| Cash at bank and in hand | 54/58 | €1,809 | €856 | -€953 | -52.7% |
| Deferred charges and accrued income | 490/1 | €2,113 | €2,082 | -€32 | -1.5% |
| Total equity and liabilities | 10/49 | €275,487 | €204,326 | -€71,161 | -25.8% |
| Equity | 10/15 | -€228,965 | -€264,419 | -€35,454 | -15.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €26,649 | €26,649 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €24,789 | €24,789 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€274,205 | -€309,660 | -€35,454 | -12.9% |
| Amounts payable | 17/49 | €504,452 | €468,745 | -€35,707 | -7.1% |
| Amounts payable after more than one year | 17 | €431,685 | €410,449 | -€21,236 | -4.9% |
| Other amounts payable | 178/9 | €431,685 | €410,449 | -€21,236 | -4.9% |
| Amounts payable within one year | 42/48 | €72,767 | €58,296 | -€14,470 | -19.9% |
| Trade debts | 44 | €14,197 | €17,063 | +€2,866 | +20.2% |
| Suppliers | 440/4 | €14,197 | €17,063 | +€2,866 | +20.2% |
| Advances received on contracts in progress | 46 | €47,518 | €0 | -€47,518 | -100.0% |
| Taxes, remuneration and social security | 45 | €164 | €346 | +€182 | +110.4% |
| Taxes | 450/3 | €164 | €346 | +€182 | +110.4% |
| Other amounts payable | 47/48 | €10,888 | €40,888 | +€30,000 | +275.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,746 | €38,041 | +€294 | +0.8% |
| Other operating charges | 640/8 | €11,184 | €7,194 | -€3,991 | -35.7% |
| Gross operating margin | 9900 | €7,276 | €10,618 | +€3,341 | +45.9% |
| Operating profit (loss) | 9901 | -€41,655 | -€34,617 | +€7,038 | +16.9% |
| Financial charges | 65/66B | €710 | €698 | -€12 | -1.7% |
| Recurring financial charges | 65 | €710 | €698 | -€12 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | -€42,365 | -€35,315 | +€7,050 | +16.6% |
| Income taxes | 67/77 | €164 | €140 | -€25 | -15.1% |
| Profit (loss) for the period | 9904 | -€42,529 | -€35,454 | +€7,075 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,529 | -€35,454 | +€7,075 | +16.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.