ZB 21: 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.
ZB 21
Largest movements
- Receivables within one year -€5,908
down €5,908 (-31.2%), from €18,908 to €13,000
of which Other amounts receivable: -€3,178
- Debts after one year -€27,958
down €27,958 (-18.4%), from €151,883 to €123,925
of which Financial debts: -€24,739
- Profit (loss) carried forward +€9,634
up €9,634 (+72.1%), from €13,362 to €22,996
- Other debts +€8,000
up €8,000 (+62.7%), from €12,753 to €20,753
- Tax, wage and social debts +€2,929
up €2,929 (+107%), from €2,730 to €5,659
- Gross operating margin +€12,700
up €12,700 (+315%), from €4,036 to €16,736
- Taxes +€3,569
up €3,569 (+1,411%), from €253 to €3,821
- Financial charges -€436
down €436 (-13.2%), from €3,314 to €2,878
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.
Derived cash bridge
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 | €253,781 | €245,671 | -€8,110 | -3.2% |
| Fixed assets | 21/28 | €231,500 | €231,500 | = | 0.0% |
| Financial fixed assets | 28 | €231,500 | €231,500 | = | 0.0% |
| Current assets | 29/58 | €22,281 | €14,171 | -€8,110 | -36.4% |
| Amounts receivable within one year | 40/41 | €18,908 | €13,000 | -€5,908 | -31.2% |
| Trade receivables | 40 | €15,730 | €13,000 | -€2,730 | -17.4% |
| Other amounts receivable | 41 | €3,178 | €0 | -€3,178 | -100% |
| Cash at bank and in hand | 54/58 | €3,373 | €1,171 | -€2,202 | -65.3% |
| Total equity and liabilities | 10/49 | €253,781 | €245,671 | -€8,110 | -3.2% |
| Equity | 10/15 | €60,662 | €70,296 | +€9,634 | +15.9% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €2,300 | €2,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,300 | €2,300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,300 | €2,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,362 | €22,996 | +€9,634 | +72.1% |
| Amounts payable | 17/49 | €193,119 | €175,375 | -€17,744 | -9.2% |
| Amounts payable after more than one year | 17 | €151,883 | €123,925 | -€27,958 | -18.4% |
| Financial debts | 170/4 | €70,020 | €45,281 | -€24,739 | -35.3% |
| Other amounts payable | 178/9 | €81,863 | €78,644 | -€3,219 | -3.9% |
| Amounts payable within one year | 42/48 | €41,235 | €51,449 | +€10,214 | +24.8% |
| Current portion of amounts payable after more than one year | 42 | €24,663 | €25,037 | +€374 | +1.5% |
| Trade debts | 44 | €1,089 | €0 | -€1,089 | -100% |
| Suppliers | 440/4 | €1,089 | €0 | -€1,089 | -100% |
| Taxes, remuneration and social security | 45 | €2,730 | €5,659 | +€2,929 | +107% |
| Taxes | 450/3 | €2,730 | €5,659 | +€2,929 | +107% |
| Other amounts payable | 47/48 | €12,753 | €20,753 | +€8,000 | +62.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €389 | €403 | +€14 | +3.5% |
| Gross operating margin | 9900 | €4,036 | €16,736 | +€12,700 | +315% |
| Operating profit (loss) | 9901 | €3,647 | €16,333 | +€12,686 | +348% |
| Financial charges | 65/66B | €3,314 | €2,878 | -€436 | -13.2% |
| Recurring financial charges | 65 | €3,314 | €2,878 | -€436 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €333 | €13,455 | +€13,122 | +3,939% |
| Income taxes | 67/77 | €253 | €3,821 | +€3,569 | +1,411% |
| Profit (loss) for the period | 9904 | €80 | €9,634 | +€9,554 | +11,902% |
| Profit (loss) for the period to be appropriated | 9905 | €80 | €9,634 | +€9,554 | +11,902% |
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 15 October 2026 via checked.be.