ZB-NC GROUP: 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-NC GROUP
Largest movements
- Tangible fixed assets +€8,574
new in 2024: €8,574
- Cash -€1,159
down €1,159 (-83.4%), from €1,390 to €231
mainly Investment in fixed assets (net) (-€10,000) and Net result for the year (-€1,384)
- Receivables within one year -€590
down €590 (-16.0%), from €3,697 to €3,107
of which Trade receivables: -€594
- Other debts +€5,764
new in 2024: €5,764
- Tax, wage and social debts +€1,615
up €1,615 (+250%), from €647 to €2,262
- Profit (loss) carried forward -€1,384
down €1,384 (-71.3%), from €1,940 to €557
- Trade debts +€829
new in 2024: €829
- Depreciation +€1,426
new in 2024: €1,426
- Gross operating margin -€1,298
down €1,298 (-42.9%), from €3,026 to €1,728
- Staff costs +€1,240
up €1,240 (+1,294%), from €96 to €1,336
- Taxes -€528
down €528 (-81.6%), from €647 to €119
- Other operating charges -€95
down €95 (-39.5%), from €241 to €146
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 | €5,087 | €11,912 | +€6,824 | +134% |
| Fixed assets | 21/28 | - | €8,574 | +€8,574 | |
| Tangible fixed assets | 22/27 | - | €8,574 | +€8,574 | |
| Furniture and vehicles | 24 | - | €8,574 | +€8,574 | |
| Current assets | 29/58 | €5,087 | €3,338 | -€1,749 | -34.4% |
| Amounts receivable within one year | 40/41 | €3,697 | €3,107 | -€590 | -16.0% |
| Trade receivables | 40 | €3,697 | €3,103 | -€594 | -16.1% |
| Other amounts receivable | 41 | - | €3 | +€3 | |
| Cash at bank and in hand | 54/58 | €1,390 | €231 | -€1,159 | -83.4% |
| Total equity and liabilities | 10/49 | €5,087 | €11,912 | +€6,824 | +134% |
| Equity | 10/15 | €4,440 | €3,057 | -€1,384 | -31.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,940 | €557 | -€1,384 | -71.3% |
| Amounts payable | 17/49 | €647 | €8,855 | +€8,208 | +1,269% |
| Amounts payable within one year | 42/48 | €647 | €8,855 | +€8,208 | +1,269% |
| Trade debts | 44 | - | €829 | +€829 | |
| Suppliers | 440/4 | - | €829 | +€829 | |
| Taxes, remuneration and social security | 45 | €647 | €2,262 | +€1,615 | +250% |
| Taxes | 450/3 | €647 | €2,262 | +€1,615 | +250% |
| Other amounts payable | 47/48 | - | €5,764 | +€5,764 | |
| Remuneration, social security and pensions | 62 | €96 | €1,336 | +€1,240 | +1,294% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,426 | +€1,426 | |
| Other operating charges | 640/8 | €241 | €146 | -€95 | -39.5% |
| Gross operating margin | 9900 | €3,026 | €1,728 | -€1,298 | -42.9% |
| Operating profit (loss) | 9901 | €2,689 | -€1,180 | -€3,869 | |
| Financial charges | 65/66B | €102 | €85 | -€17 | -16.9% |
| Recurring financial charges | 65 | €102 | €85 | -€17 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €2,587 | -€1,265 | -€3,852 | |
| Income taxes | 67/77 | €647 | €119 | -€528 | -81.6% |
| Profit (loss) for the period | 9904 | €1,940 | -€1,384 | -€3,324 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,940 | -€1,384 | -€3,324 |
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 23 October 2026 via checked.be.