ZAZA: 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.
What changed
ZAZA
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€450
2024 · -€387-€63
Equity
-€5,566
2024 · -€5,116-€450
Cash
-
not filed
Balance sheet total
€95
2024 · -+€95
Largest movements
Assets
- Receivables within one year +€95
new in 2025: €95
Equity and liabilities
- Trade debts +€545
up €545 (+624%), from €87 to €632
- Profit (loss) carried forward -€450
down €450 (-8.6%), from -€5,216 to -€5,666
Income statement
- Gross operating margin -€63
down €63 (-16.2%), from -€387 to -€450
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.
Result 2024
-€387
Gross operating margin
-€63
Result 2025
-€450
lowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | - | €95 | +€95 | |
| Current assets | 29/58 | - | €95 | +€95 | |
| Amounts receivable within one year | 40/41 | - | €95 | +€95 | |
| Other amounts receivable | 41 | - | €95 | +€95 | |
| Total equity and liabilities | 10/49 | €0 | €95 | +€95 | |
| Equity | 10/15 | -€5,116 | -€5,566 | -€450 | -8.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Contributions outside capital | 11 | - | €100 | +€100 | |
| Other | 1109/19 | - | €100 | +€100 | |
| Profit (loss) carried forward | 14 | -€5,216 | -€5,666 | -€450 | -8.6% |
| Amounts payable | 17/49 | €5,116 | €5,660 | +€545 | +10.6% |
| Amounts payable within one year | 42/48 | €5,116 | €5,660 | +€545 | +10.6% |
| Trade debts | 44 | €87 | €632 | +€545 | +624% |
| Suppliers | 440/4 | €87 | €632 | +€545 | +624% |
| Other amounts payable | 47/48 | €5,029 | €5,029 | = | 0.0% |
| Gross operating margin | 9900 | -€387 | -€450 | -€63 | -16.2% |
| Operating profit (loss) | 9901 | -€387 | -€450 | -€63 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | -€387 | -€450 | -€63 | -16.2% |
| Profit (loss) for the period | 9904 | -€387 | -€450 | -€63 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€387 | -€450 | -€63 | -16.2% |
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 22 October 2026 via checked.be.