ZATARA: 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.
ZATARA
Largest movements
- Cash -€45,587
down €45,587 (-81.6%), from €55,870 to €10,283
mainly Net result for the year (-€25,822) and Tax, wage and social debts (-€11,563)
- Tangible fixed assets +€6,536
up €6,536, from €0 to €6,536
- Receivables within one year -€4,686
down €4,686 (-53.0%), from €8,835 to €4,150
of which Trade receivables: -€5,194
- Profit (loss) carried forward -€25,578
down €25,578 (-376%), from -€6,807 to -€32,385
- Tax, wage and social debts -€11,563
down €11,563 (-76.3%), from €15,148 to €3,585
of which Taxes: -€11,563
- Trade debts -€6,508
down €6,508 (-85.4%), from €7,623 to €1,115
- Gross operating margin -€57,442
down €57,442, from €33,471 to -€23,971
- Taxes -€5,486
down €5,486 (-93.6%), from €5,860 to €373
- Depreciation +€948
up €948 (+1,876%), from €51 to €998
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 | €67,859 | €24,357 | -€43,502 | -64.1% |
| Fixed assets | 21/28 | €0 | €6,536 | +€6,536 | |
| Tangible fixed assets | 22/27 | €0 | €6,536 | +€6,536 | |
| Furniture and vehicles | 24 | €0 | €6,536 | +€6,536 | |
| Current assets | 29/58 | €67,859 | €17,821 | -€50,038 | -73.7% |
| Amounts receivable after more than one year | 29 | €800 | €800 | = | 0.0% |
| Other amounts receivable | 291 | €800 | €800 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,835 | €4,150 | -€4,686 | -53.0% |
| Trade receivables | 40 | €8,835 | €3,642 | -€5,194 | -58.8% |
| Other amounts receivable | 41 | - | €508 | +€508 | |
| Cash at bank and in hand | 54/58 | €55,870 | €10,283 | -€45,587 | -81.6% |
| Deferred charges and accrued income | 490/1 | €2,353 | €2,588 | +€235 | +10.0% |
| Total equity and liabilities | 10/49 | €67,859 | €24,357 | -€43,502 | -64.1% |
| Equity | 10/15 | €44,641 | €18,820 | -€25,822 | -57.8% |
| Contributions | 10/11 | €6,204 | €6,204 | = | 0.0% |
| Reserves | 13 | €45,244 | €45,000 | -€244 | -0.5% |
| Tax-exempt reserves | 132 | €244 | €0 | -€244 | -100% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,807 | -€32,385 | -€25,578 | -376% |
| Amounts payable | 17/49 | €23,218 | €5,537 | -€17,680 | -76.2% |
| Amounts payable within one year | 42/48 | €23,218 | €5,498 | -€17,720 | -76.3% |
| Trade debts | 44 | €7,623 | €1,115 | -€6,508 | -85.4% |
| Suppliers | 440/4 | €7,623 | €1,115 | -€6,508 | -85.4% |
| Taxes, remuneration and social security | 45 | €15,148 | €3,585 | -€11,563 | -76.3% |
| Taxes | 450/3 | €14,988 | €3,425 | -€11,563 | -77.1% |
| Remuneration and social security | 454/9 | €160 | €160 | = | 0.0% |
| Other amounts payable | 47/48 | €447 | €797 | +€350 | +78.3% |
| Accrued charges and deferred income | 492/3 | - | €40 | +€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51 | €998 | +€948 | +1,876% |
| Other operating charges | 640/8 | €665 | €531 | -€134 | -20.1% |
| Gross operating margin | 9900 | €33,471 | -€23,971 | -€57,442 | |
| Operating profit (loss) | 9901 | €32,755 | -€25,501 | -€58,256 | |
| Financial income | 75/76B | €73 | €123 | +€50 | +68.6% |
| Recurring financial income | 75 | €73 | €123 | +€50 | +68.6% |
| Financial charges | 65/66B | €90 | €71 | -€19 | -21.5% |
| Recurring financial charges | 65 | €90 | €71 | -€19 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €32,738 | -€25,449 | -€58,187 | |
| Income taxes | 67/77 | €5,860 | €373 | -€5,486 | -93.6% |
| Profit (loss) for the period | 9904 | €26,879 | -€25,822 | -€52,700 | |
| Transfer from tax-exempt reserves | 789 | - | €244 | +€244 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,879 | -€25,578 | -€52,457 |
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.