ZAYANDEHROUD: 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.
ZAYANDEHROUD
Largest movements
- Tangible fixed assets -€11,630
down €11,630 (-31.6%), from €36,839 to €25,209
- Receivables within one year -€8,105
down €8,105 (-97.4%), from €8,319 to €215
- Cash +€4,722
up €4,722 (+159%), from €2,975 to €7,697
mainly Depreciation (+€11,630) and Receivables within one year (+€8,105)
- Debts after one year -€12,475
down €12,475 (-36.0%), from €34,649 to €22,175
- Other debts -€2,997
down €2,997 (-14.2%), from €21,178 to €18,181
- Turnover -€71,314
no longer reported in 2025 (was €71,314)
- Purchases and services -€40,250
no longer reported in 2025 (was €40,250)
- Staff costs +€3,207
up €3,207 (+19.5%), from €16,421 to €19,628
- Depreciation -€2,018
down €2,018 (-14.8%), from €13,649 to €11,630
- Financial charges -€797
down €797 (-86.4%), from €922 to €126
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 | €73,134 | €58,121 | -€15,013 | -20.5% |
| Fixed assets | 21/28 | €61,839 | €50,209 | -€11,630 | -18.8% |
| Intangible fixed assets | 21 | €25,000 | €25,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €36,839 | €25,209 | -€11,630 | -31.6% |
| Furniture and vehicles | 24 | €36,839 | €25,209 | -€11,630 | -31.6% |
| Current assets | 29/58 | €11,295 | €7,912 | -€3,383 | -29.9% |
| Amounts receivable within one year | 40/41 | €8,319 | €215 | -€8,105 | -97.4% |
| Other amounts receivable | 41 | €8,319 | €215 | -€8,105 | -97.4% |
| Cash at bank and in hand | 54/58 | €2,975 | €7,697 | +€4,722 | +159% |
| Total equity and liabilities | 10/49 | €73,134 | €58,121 | -€15,013 | -20.5% |
| Equity | 10/15 | €17,296 | €17,765 | +€469 | +2.7% |
| Contributions | 10/11 | €445 | €445 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,992 | €15,461 | +€469 | +3.1% |
| Amounts payable | 17/49 | €55,837 | €40,355 | -€15,482 | -27.7% |
| Amounts payable after more than one year | 17 | €34,649 | €22,175 | -€12,475 | -36.0% |
| Financial debts | 170/4 | €34,649 | €22,175 | -€12,475 | -36.0% |
| Amounts payable within one year | 42/48 | €21,188 | €18,181 | -€3,007 | -14.2% |
| Trade debts | 44 | €10 | - | -€10 | |
| Suppliers | 440/4 | €10 | - | -€10 | |
| Other amounts payable | 47/48 | €21,178 | €18,181 | -€2,997 | -14.2% |
| Turnover | 70 | €71,314 | - | -€71,314 | |
| Goods, raw materials, services and sundry goods | 60/61 | €40,250 | - | -€40,250 | |
| Remuneration, social security and pensions | 62 | €16,421 | €19,628 | +€3,207 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,649 | €11,630 | -€2,018 | -14.8% |
| Gross operating margin | 9900 | €31,063 | €31,854 | +€790 | +2.5% |
| Operating profit (loss) | 9901 | €993 | €595 | -€398 | -40.1% |
| Financial charges | 65/66B | €922 | €126 | -€797 | -86.4% |
| Recurring financial charges | 65 | €922 | €126 | -€797 | -86.4% |
| Profit (loss) for the period before taxes | 9903 | €71 | €469 | +€398 | +561% |
| Profit (loss) for the period | 9904 | €71 | €469 | +€398 | +561% |
| Profit (loss) for the period to be appropriated | 9905 | €71 | €469 | +€398 | +561% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.