ZARRAA CONSTRUCT: 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.
ZARRAA CONSTRUCT
Largest movements
- Receivables within one year +€24,971
new in 2025: €24,971
- Tangible fixed assets -€1,234
down €1,234 (-26.5%), from €4,651 to €3,416
of which Furniture and vehicles: -€896
- Cash +€1,125
up €1,125 (+20.1%), from €5,609 to €6,734
mainly Tax, wage and social debts (+€9,759) and Trade debts (+€8,402)
- Tax, wage and social debts +€9,759
up €9,759 (+507.3%), from €1,924 to €11,682
of which Taxes: +€6,707
- Trade debts +€8,402
up €8,402 (+592.2%), from €1,419 to €9,821
- Profit (loss) carried forward +€7,874
up €7,874 (+337.1%), from €2,336 to €10,210
- Other debts -€1,222
down €1,222 (-50.3%), from €2,430 to €1,208
- Gross operating margin +€8,289
up €8,289 (+160.8%), from €5,156 to €13,444
- Taxes +€1,400
up €1,400 (+233.6%), from €600 to €2,000
- Financial charges +€889
up €889 (+84.8%), from €1,048 to €1,938
- Depreciation +€391
up €391 (+46.3%), from €843 to €1,234
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.
Cash bridge derived
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 | €10,308 | €35,122 | +€24,814 | +240.7% |
| Fixed assets | 21/28 | €4,651 | €3,416 | -€1,234 | -26.5% |
| Tangible fixed assets | 22/27 | €4,651 | €3,416 | -€1,234 | -26.5% |
| Plant, machinery and equipment | 23 | €911 | €573 | -€339 | -37.2% |
| Furniture and vehicles | 24 | €3,739 | €2,844 | -€896 | -24.0% |
| Current assets | 29/58 | €5,658 | €31,706 | +€26,048 | +460.4% |
| Amounts receivable within one year | 40/41 | - | €24,971 | +€24,971 | |
| Trade receivables | 40 | - | €24,971 | +€24,971 | |
| Cash at bank and in hand | 54/58 | €5,609 | €6,734 | +€1,125 | +20.1% |
| Deferred charges and accrued income | 490/1 | €49 | - | -€49 | |
| Total equity and liabilities | 10/49 | €10,308 | €35,122 | +€24,814 | +240.7% |
| Equity | 10/15 | €4,536 | €12,410 | +€7,874 | +173.6% |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,336 | €10,210 | +€7,874 | +337.1% |
| Amounts payable | 17/49 | €5,772 | €22,712 | +€16,940 | +293.5% |
| Amounts payable within one year | 42/48 | €5,772 | €22,712 | +€16,940 | +293.5% |
| Trade debts | 44 | €1,419 | €9,821 | +€8,402 | +592.2% |
| Suppliers | 440/4 | €1,419 | €9,821 | +€8,402 | +592.2% |
| Taxes, remuneration and social security | 45 | €1,924 | €11,682 | +€9,759 | +507.3% |
| Taxes | 450/3 | €1,924 | €8,631 | +€6,707 | +348.7% |
| Remuneration and social security | 454/9 | - | €3,052 | +€3,052 | |
| Other amounts payable | 47/48 | €2,430 | €1,208 | -€1,222 | -50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €843 | €1,234 | +€391 | +46.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €5,156 | €13,444 | +€8,289 | +160.8% |
| Operating profit (loss) | 9901 | €3,925 | €11,811 | +€7,886 | +200.9% |
| Financial income | 75/76B | €59 | €1 | -€58 | -98.2% |
| Recurring financial income | 75 | €59 | €1 | -€58 | -98.2% |
| Financial charges | 65/66B | €1,048 | €1,938 | +€889 | +84.8% |
| Recurring financial charges | 65 | €1,048 | €1,938 | +€889 | +84.8% |
| Profit (loss) for the period before taxes | 9903 | €2,936 | €9,874 | +€6,938 | +236.4% |
| Income taxes | 67/77 | €600 | €2,000 | +€1,400 | +233.6% |
| Profit (loss) for the period | 9904 | €2,336 | €7,874 | +€5,538 | +237.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,336 | €7,874 | +€5,538 | +237.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.