ZAYCCO: 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.
ZAYCCO
Largest movements
- Receivables within one year +€28,401
up €28,401 (+329.5%), from €8,620 to €37,021
of which Trade receivables: +€27,614
- Cash +€24,968
up €24,968 (+237.9%), from €10,497 to €35,465
mainly Current portion of long-term debt (+€17,476) and Tax, wage and social debts (+€16,635)
- Tangible fixed assets +€14,128
up €14,128 (+13.9%), from €101,895 to €116,023
of which Furniture and vehicles: +€24,126
- Deferred charges and accrued income -€2,549
no longer reported in 2024 (was €2,549)
- Current portion of long-term debt +€17,476
new in 2024: €17,476
- Tax, wage and social debts +€16,635
new in 2024: €16,635
of which Remuneration and social security: +€15,000
- Trade debts +€15,719
up €15,719 (+80.1%), from €19,628 to €35,347
- Profit (loss) carried forward +€10,040
up €10,040 (+42.7%), from -€23,494 to -€13,454
- Debts after one year +€3,896
up €3,896 (+5.6%), from €69,183 to €73,079
- Gross operating margin +€40,405
up €40,405, from -€12,191 to €28,214
- Other operating charges +€5,913
up €5,913 (+2956.7%), from €200 to €6,113
- Depreciation +€1,126
up €1,126 (+14.8%), from €7,616 to €8,742
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 | €136,822 | €201,769 | +€64,947 | +47.5% |
| Fixed assets | 21/28 | €115,155 | €129,283 | +€14,128 | +12.3% |
| Tangible fixed assets | 22/27 | €101,895 | €116,023 | +€14,128 | +13.9% |
| Plant, machinery and equipment | 23 | €54,356 | €52,959 | -€1,397 | -2.6% |
| Furniture and vehicles | 24 | - | €24,126 | +€24,126 | |
| Other tangible fixed assets | 26 | €47,539 | €38,938 | -€8,601 | -18.1% |
| Financial fixed assets | 28 | €13,260 | €13,260 | = | 0.0% |
| Current assets | 29/58 | €21,666 | €72,485 | +€50,819 | +234.6% |
| Amounts receivable within one year | 40/41 | €8,620 | €37,021 | +€28,401 | +329.5% |
| Trade receivables | 40 | €7,213 | €34,826 | +€27,614 | +382.8% |
| Other amounts receivable | 41 | €1,407 | €2,194 | +€787 | +55.9% |
| Cash at bank and in hand | 54/58 | €10,497 | €35,465 | +€24,968 | +237.9% |
| Deferred charges and accrued income | 490/1 | €2,549 | - | -€2,549 | |
| Total equity and liabilities | 10/49 | €136,822 | €201,769 | +€64,947 | +47.5% |
| Equity | 10/15 | €21,506 | €31,546 | +€10,040 | +46.7% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,494 | -€13,454 | +€10,040 | +42.7% |
| Amounts payable | 17/49 | €115,315 | €170,223 | +€54,908 | +47.6% |
| Amounts payable after more than one year | 17 | €69,183 | €73,079 | +€3,896 | +5.6% |
| Financial debts | 170/4 | €69,183 | €73,079 | +€3,896 | +5.6% |
| Amounts payable within one year | 42/48 | €46,132 | €97,144 | +€51,012 | +110.6% |
| Current portion of amounts payable after more than one year | 42 | - | €17,476 | +€17,476 | |
| Trade debts | 44 | €19,628 | €35,347 | +€15,719 | +80.1% |
| Suppliers | 440/4 | €19,628 | €35,347 | +€15,719 | +80.1% |
| Taxes, remuneration and social security | 45 | - | €16,635 | +€16,635 | |
| Taxes | 450/3 | - | €1,635 | +€1,635 | |
| Remuneration and social security | 454/9 | - | €15,000 | +€15,000 | |
| Other amounts payable | 47/48 | €26,504 | €27,686 | +€1,183 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,616 | €8,742 | +€1,126 | +14.8% |
| Other operating charges | 640/8 | €200 | €6,113 | +€5,913 | +2956.7% |
| Gross operating margin | 9900 | -€12,191 | €28,214 | +€40,405 | |
| Operating profit (loss) | 9901 | -€20,007 | €13,358 | +€33,365 | |
| Financial income | 75/76B | €48 | €3 | -€45 | -92.8% |
| Recurring financial income | 75 | €48 | €3 | -€45 | -92.8% |
| Financial charges | 65/66B | €3,535 | €3,271 | -€264 | -7.5% |
| Recurring financial charges | 65 | €3,535 | €3,271 | -€264 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | -€23,494 | €10,091 | +€33,584 | |
| Income taxes | 67/77 | - | €51 | +€51 | |
| Profit (loss) for the period | 9904 | -€23,494 | €10,040 | +€33,533 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,494 | €10,040 | +€33,533 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.