ZAR LOGISTICS: 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.
ZAR LOGISTICS
Largest movements
- Receivables within one year -€9,933
down €9,933 (-50.1%), from €19,835 to €9,902
of which Trade receivables: -€14,034
- Stocks and contracts +€6,879
new in 2024: €6,879
- Cash -€3,991
down €3,991 (-97.8%), from €4,079 to €88
mainly Stocks and contracts (-€6,879) and Tax, wage and social debts (-€4,319)
- Tax, wage and social debts -€4,319
no longer reported in 2024 (was €4,319)
- Profit (loss) carried forward -€2,876
new in 2024: -€2,876
- Gross operating margin -€20,029
down €20,029, from €17,697 to -€2,332
- Staff costs -€4,548
no longer reported in 2024 (was €4,548)
- Taxes -€2,427
down €2,427 (-97.1%), from €2,500 to €73
- Financial income +€245
up €245 (+163.4%), from €150 to €395
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 | €24,255 | €17,210 | -€7,045 | -29.0% |
| Fixed assets | 21/28 | €341 | €341 | = | 0.0% |
| Financial fixed assets | 28 | €341 | €341 | = | 0.0% |
| Current assets | 29/58 | €23,914 | €16,869 | -€7,045 | -29.5% |
| Stocks and contracts in progress | 3 | - | €6,879 | +€6,879 | |
| Stocks | 30/36 | - | €6,879 | +€6,879 | |
| Amounts receivable within one year | 40/41 | €19,835 | €9,902 | -€9,933 | -50.1% |
| Trade receivables | 40 | €14,950 | €916 | -€14,034 | -93.9% |
| Other amounts receivable | 41 | €4,885 | €8,986 | +€4,101 | +84.0% |
| Cash at bank and in hand | 54/58 | €4,079 | €88 | -€3,991 | -97.8% |
| Total equity and liabilities | 10/49 | €24,255 | €17,210 | -€7,045 | -29.0% |
| Equity | 10/15 | €19,936 | €17,060 | -€2,876 | -14.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €9,936 | €9,936 | = | 0.0% |
| Distributable reserves | 133 | €9,936 | €9,936 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,876 | -€2,876 | |
| Amounts payable | 17/49 | €4,319 | €150 | -€4,169 | -96.5% |
| Amounts payable within one year | 42/48 | €4,319 | €150 | -€4,169 | -96.5% |
| Trade debts | 44 | - | €150 | +€150 | |
| Suppliers | 440/4 | - | €150 | +€150 | |
| Taxes, remuneration and social security | 45 | €4,319 | - | -€4,319 | |
| Taxes | 450/3 | €4,319 | - | -€4,319 | |
| Remuneration, social security and pensions | 62 | €4,548 | - | -€4,548 | |
| Other operating charges | 640/8 | €536 | €573 | +€37 | +6.9% |
| Gross operating margin | 9900 | €17,697 | -€2,332 | -€20,029 | |
| Operating profit (loss) | 9901 | €12,613 | -€2,906 | -€15,518 | |
| Financial income | 75/76B | €150 | €395 | +€245 | +163.4% |
| Recurring financial income | 75 | €150 | €395 | +€245 | +163.4% |
| Financial charges | 65/66B | €327 | €293 | -€33 | -10.2% |
| Recurring financial charges | 65 | €327 | €293 | -€33 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €12,436 | -€2,803 | -€15,240 | |
| Income taxes | 67/77 | €2,500 | €73 | -€2,427 | -97.1% |
| Profit (loss) for the period | 9904 | €9,936 | -€2,876 | -€12,812 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,936 | -€2,876 | -€12,812 |
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.