ZARIN: 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.
ZARIN
Largest movements
- Cash -€1,853
down €1,853 (-6.4%), from €29,060 to €27,207
mainly Debts after one year (-€5,404) and Other debts (-€936)
- Receivables within one year -€1,208
down €1,208 (-5.6%), from €21,679 to €20,471
of which Other amounts receivable: -€8,468
- Debts after one year -€5,404
down €5,404 (-30.8%), from €17,571 to €12,167
- Profit (loss) carried forward +€2,244
up €2,244 (+10.3%), from €21,827 to €24,071
- Other debts -€936
down €936 (-4.6%), from €20,448 to €19,513
- Gross operating margin +€12,037
up €12,037 (+76.2%), from €15,793 to €27,829
- Purchases and services -€10,517
down €10,517 (-28.4%), from €37,016 to €26,499
- Other operating charges +€4,045
up €4,045 (+703.4%), from €575 to €4,620
- Staff costs -€2,546
down €2,546 (-11.3%), from €22,527 to €19,982
- Turnover +€1,056
up €1,056 (+2.0%), from €52,808 to €53,865
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 | €77,356 | €73,707 | -€3,649 | -4.7% |
| Fixed assets | 21/28 | €26,617 | €26,030 | -€588 | -2.2% |
| Tangible fixed assets | 22/27 | €26,591 | €26,003 | -€588 | -2.2% |
| Furniture and vehicles | 24 | €26,591 | €26,003 | -€588 | -2.2% |
| Financial fixed assets | 28 | €26 | €26 | = | 0.0% |
| Current assets | 29/58 | €50,739 | €47,678 | -€3,061 | -6.0% |
| Amounts receivable within one year | 40/41 | €21,679 | €20,471 | -€1,208 | -5.6% |
| Trade receivables | 40 | - | €7,260 | +€7,260 | |
| Other amounts receivable | 41 | €21,679 | €13,211 | -€8,468 | -39.1% |
| Cash at bank and in hand | 54/58 | €29,060 | €27,207 | -€1,853 | -6.4% |
| Total equity and liabilities | 10/49 | €77,356 | €73,707 | -€3,649 | -4.7% |
| Equity | 10/15 | €33,163 | €35,407 | +€2,244 | +6.8% |
| Contributions | 10/11 | €11,155 | €11,155 | = | 0.0% |
| Reserves | 13 | €181 | €181 | = | 0.0% |
| Non-distributable reserves | 130/1 | €181 | €181 | = | 0.0% |
| Reserves not available under the articles | 1311 | €181 | €181 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,827 | €24,071 | +€2,244 | +10.3% |
| Amounts payable | 17/49 | €44,193 | €38,300 | -€5,893 | -13.3% |
| Amounts payable after more than one year | 17 | €17,571 | €12,167 | -€5,404 | -30.8% |
| Financial debts | 170/4 | €17,571 | €12,167 | -€5,404 | -30.8% |
| Amounts payable within one year | 42/48 | €26,622 | €26,133 | -€489 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €5,404 | €5,404 | = | 0.0% |
| Trade debts | 44 | €770 | €1,216 | +€447 | +58.1% |
| Suppliers | 440/4 | €770 | €1,216 | +€447 | +58.1% |
| Other amounts payable | 47/48 | €20,448 | €19,513 | -€936 | -4.6% |
| Turnover | 70 | €52,808 | €53,865 | +€1,056 | +2.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €37,016 | €26,499 | -€10,517 | -28.4% |
| Remuneration, social security and pensions | 62 | €22,527 | €19,982 | -€2,546 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,623 | €588 | -€1,035 | -63.8% |
| Other operating charges | 640/8 | €575 | €4,620 | +€4,045 | +703.4% |
| Gross operating margin | 9900 | €15,793 | €27,829 | +€12,037 | +76.2% |
| Operating profit (loss) | 9901 | -€8,933 | €2,641 | +€11,573 | |
| Financial income | 75/76B | €604 | - | -€604 | |
| Recurring financial income | 75 | €604 | - | -€604 | |
| Financial charges | 65/66B | €1,028 | €397 | -€632 | -61.4% |
| Recurring financial charges | 65 | €1,028 | €397 | -€632 | -61.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,358 | €2,244 | +€11,601 | |
| Profit (loss) for the period | 9904 | -€9,358 | €2,244 | +€11,601 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,358 | €2,244 | +€11,601 |
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 6 October 2026 via checked.be.