ZANZIEBAR: 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.
ZANZIEBAR
Largest movements
- Tangible fixed assets -€30,796
down €30,796 (-9.6%), from €319,609 to €288,813
of which Other tangible fixed assets: -€17,218
- Cash +€14,585
up €14,585 (+38.8%), from €37,553 to €52,139
mainly Depreciation (+€30,474) and Receivables within one year (+€4,189)
- Receivables within one year -€4,189
no longer reported in 2025 (was €4,189)
- Debts after one year -€14,846
down €14,846 (-14.2%), from €104,840 to €89,994
- Tax, wage and social debts -€4,965
down €4,965 (-77.4%), from €6,418 to €1,453
- Profit (loss) carried forward -€4,548
down €4,548 (-16.9%), from -€26,854 to -€31,403
- Gross operating margin +€22,646
up €22,646 (+208%), from €10,868 to €33,514
- Depreciation +€1,271
up €1,271 (+4.4%), from €29,203 to €30,474
- Financial charges -€606
down €606 (-11.1%), from €5,466 to €4,860
- Financial income +€360
new in 2025: €360
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 | €361,743 | €341,342 | -€20,400 | -5.6% |
| Fixed assets | 21/28 | €319,609 | €288,813 | -€30,796 | -9.6% |
| Tangible fixed assets | 22/27 | €319,609 | €288,813 | -€30,796 | -9.6% |
| Plant, machinery and equipment | 23 | €3,213 | €2,519 | -€694 | -21.6% |
| Furniture and vehicles | 24 | €3,513 | €1,509 | -€2,004 | -57.0% |
| Leasing and similar rights | 25 | €130,560 | €119,680 | -€10,880 | -8.3% |
| Other tangible fixed assets | 26 | €182,323 | €165,105 | -€17,218 | -9.4% |
| Current assets | 29/58 | €42,134 | €52,530 | +€10,396 | +24.7% |
| Stocks and contracts in progress | 3 | €391 | €391 | = | 0.0% |
| Stocks | 30/36 | €391 | €391 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,189 | - | -€4,189 | |
| Trade receivables | 40 | €4,189 | - | -€4,189 | |
| Cash at bank and in hand | 54/58 | €37,553 | €52,139 | +€14,585 | +38.8% |
| Total equity and liabilities | 10/49 | €361,743 | €341,342 | -€20,400 | -5.6% |
| Equity | 10/15 | €194,272 | €189,723 | -€4,548 | -2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €202,526 | €202,526 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200,666 | €200,666 | = | 0.0% |
| Other | 1319 | €200,666 | €200,666 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,854 | -€31,403 | -€4,548 | -16.9% |
| Amounts payable | 17/49 | €167,471 | €151,619 | -€15,852 | -9.5% |
| Amounts payable after more than one year | 17 | €104,840 | €89,994 | -€14,846 | -14.2% |
| Financial debts | 170/4 | €104,840 | €89,994 | -€14,846 | -14.2% |
| Amounts payable within one year | 42/48 | €62,626 | €61,620 | -€1,006 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €14,248 | €14,846 | +€598 | +4.2% |
| Trade debts | 44 | €3,632 | €4,906 | +€1,274 | +35.1% |
| Suppliers | 440/4 | €3,632 | €4,906 | +€1,274 | +35.1% |
| Taxes, remuneration and social security | 45 | €6,418 | €1,453 | -€4,965 | -77.4% |
| Taxes | 450/3 | €6,418 | €1,453 | -€4,965 | -77.4% |
| Other amounts payable | 47/48 | €38,327 | €40,415 | +€2,088 | +5.4% |
| Accrued charges and deferred income | 492/3 | €5 | €5 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,414 | €1,426 | +€11 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,203 | €30,474 | +€1,271 | +4.4% |
| Other operating charges | 640/8 | €1,273 | €1,432 | +€160 | +12.5% |
| Gross operating margin | 9900 | €10,868 | €33,514 | +€22,646 | +208% |
| Operating profit (loss) | 9901 | -€21,023 | €182 | +€21,204 | |
| Financial income | 75/76B | - | €360 | +€360 | |
| Recurring financial income | 75 | - | €360 | +€360 | |
| Financial charges | 65/66B | €5,466 | €4,860 | -€606 | -11.1% |
| Recurring financial charges | 65 | €5,466 | €4,860 | -€606 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | -€26,488 | -€4,318 | +€22,170 | +83.7% |
| Income taxes | 67/77 | €366 | €230 | -€136 | -37.2% |
| Profit (loss) for the period | 9904 | -€26,854 | -€4,548 | +€22,306 | +83.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,854 | -€4,548 | +€22,306 | +83.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.