ZATRA: 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.
ZATRA
Largest movements
- Receivables within one year -€66,262
down €66,262 (-46.0%), from €144,154 to €77,892
of which Other amounts receivable: -€47,856
- Cash -€30,884
down €30,884 (-12.9%), from €240,032 to €209,149
mainly Trade debts (-€59,619) and Tax, wage and social debts (-€30,088)
- Trade debts -€59,619
down €59,619 (-59.0%), from €101,021 to €41,402
- Tax, wage and social debts -€30,088
down €30,088 (-59.9%), from €50,216 to €20,128
of which Taxes: -€34,232
- Profit (loss) carried forward +€19,947
up €19,947 (+11.0%), from €181,738 to €201,685
- Other debts -€16,841
down €16,841 (-89.4%), from €18,841 to €2,000
- Advances received -€12,841
down €12,841 (-35.4%), from €36,300 to €23,459
- Turnover -€66,702
down €66,702 (-8.9%), from €751,397 to €684,695
- Purchases and services -€58,140
down €58,140 (-10.1%), from €577,838 to €519,699
- Staff costs +€31,564
up €31,564 (+43.9%), from €71,957 to €103,521
- Taxes +€16,129
up €16,129 (+246.5%), from €6,542 to €22,671
- Gross operating margin -€8,563
down €8,563 (-4.9%), from €173,559 to €164,996
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 | €408,575 | €309,134 | -€99,441 | -24.3% |
| Fixed assets | 21/28 | €17,439 | €17,439 | = | 0.0% |
| Financial fixed assets | 28 | €17,439 | €17,439 | = | 0.0% |
| Current assets | 29/58 | €391,136 | €291,695 | -€99,441 | -25.4% |
| Stocks and contracts in progress | 3 | €6,949 | €4,654 | -€2,295 | -33.0% |
| Stocks | 30/36 | €6,949 | €4,654 | -€2,295 | -33.0% |
| Amounts receivable within one year | 40/41 | €144,154 | €77,892 | -€66,262 | -46.0% |
| Trade receivables | 40 | €24,566 | €6,159 | -€18,407 | -74.9% |
| Other amounts receivable | 41 | €119,589 | €71,733 | -€47,856 | -40.0% |
| Cash at bank and in hand | 54/58 | €240,032 | €209,149 | -€30,884 | -12.9% |
| Total equity and liabilities | 10/49 | €408,575 | €309,134 | -€99,441 | -24.3% |
| Equity | 10/15 | €202,198 | €222,145 | +€19,947 | +9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €181,738 | €201,685 | +€19,947 | +11.0% |
| Amounts payable | 17/49 | €206,378 | €86,989 | -€119,388 | -57.8% |
| Amounts payable within one year | 42/48 | €206,378 | €86,989 | -€119,388 | -57.8% |
| Trade debts | 44 | €101,021 | €41,402 | -€59,619 | -59.0% |
| Suppliers | 440/4 | €101,021 | €41,402 | -€59,619 | -59.0% |
| Advances received on contracts in progress | 46 | €36,300 | €23,459 | -€12,841 | -35.4% |
| Taxes, remuneration and social security | 45 | €50,216 | €20,128 | -€30,088 | -59.9% |
| Taxes | 450/3 | €34,232 | - | -€34,232 | |
| Remuneration and social security | 454/9 | €15,984 | €20,128 | +€4,144 | +25.9% |
| Other amounts payable | 47/48 | €18,841 | €2,000 | -€16,841 | -89.4% |
| Turnover | 70 | €751,397 | €684,695 | -€66,702 | -8.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €577,838 | €519,699 | -€58,140 | -10.1% |
| Remuneration, social security and pensions | 62 | €71,957 | €103,521 | +€31,564 | +43.9% |
| Other operating charges | 640/8 | €8,095 | €11,940 | +€3,845 | +47.5% |
| Gross operating margin | 9900 | €173,559 | €164,996 | -€8,563 | -4.9% |
| Operating profit (loss) | 9901 | €93,506 | €49,535 | -€43,971 | -47.0% |
| Financial income | 75/76B | €40 | €11 | -€29 | -73.4% |
| Recurring financial income | 75 | €40 | €11 | -€29 | -73.4% |
| Financial charges | 65/66B | €2,129 | €6,927 | +€4,798 | +225.3% |
| Recurring financial charges | 65 | €1,766 | €4,127 | +€2,361 | +133.7% |
| Non-recurring financial charges | 66B | €363 | €2,800 | +€2,437 | +670.5% |
| Profit (loss) for the period before taxes | 9903 | €91,417 | €42,618 | -€48,799 | -53.4% |
| Income taxes | 67/77 | €6,542 | €22,671 | +€16,129 | +246.5% |
| Profit (loss) for the period | 9904 | €84,875 | €19,947 | -€64,928 | -76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €84,875 | €19,947 | -€64,928 | -76.5% |
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 2 October 2026 via checked.be.