ZEBRA 63: 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.
ZEBRA 63
Largest movements
- Stocks and contracts +€275,065
up €275,065 (+168.5%), from €163,236 to €438,301
- Cash -€123,133
down €123,133 (-77.4%), from €159,005 to €35,871
mainly Stocks and contracts (-€275,065) and Advances received (-€177,658)
- Receivables within one year -€87,102
down €87,102 (-9.9%), from €878,398 to €791,296
of which Trade receivables: -€171,579
- Tangible fixed assets -€31,116
down €31,116 (-3.4%), from €908,812 to €877,695
of which Land and buildings: -€28,287
- Accrued charges and deferred income +€256,647
up €256,647 (+112.2%), from €228,688 to €485,334
- Advances received -€177,658
down €177,658 (-92.5%), from €191,979 to €14,321
- Other debts +€141,885
up €141,885 (+29.4%), from €483,242 to €625,127
- Profit (loss) carried forward -€72,267
down €72,267 (-30.3%), from -€238,224 to -€310,491
- Debts after one year -€47,599
down €47,599 (-9.8%), from €485,551 to €437,952
- Gross operating margin -€188,513
down €188,513, from €157,000 to -€31,514
- Financial charges -€19,704
down €19,704 (-43.5%), from €45,343 to €25,639
- Staff costs -€12,851
down €12,851 (-24.2%), from €53,125 to €40,273
- Taxes -€9,237
down €9,237 (-97.5%), from €9,478 to €241
- Financial income +€6,771
up €6,771 (+22.2%), from €30,544 to €37,315
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 | €2,114,615 | €2,148,014 | +€33,399 | +1.6% |
| Fixed assets | 21/28 | €910,975 | €879,858 | -€31,116 | -3.4% |
| Tangible fixed assets | 22/27 | €908,812 | €877,695 | -€31,116 | -3.4% |
| Land and buildings | 22 | €900,372 | €872,085 | -€28,287 | -3.1% |
| Furniture and vehicles | 24 | €8,440 | €5,610 | -€2,830 | -33.5% |
| Financial fixed assets | 28 | €2,163 | €2,163 | = | 0.0% |
| Current assets | 29/58 | €1,203,640 | €1,268,155 | +€64,515 | +5.4% |
| Stocks and contracts in progress | 3 | €163,236 | €438,301 | +€275,065 | +168.5% |
| Stocks | 30/36 | €163,236 | €438,301 | +€275,065 | +168.5% |
| Amounts receivable within one year | 40/41 | €878,398 | €791,296 | -€87,102 | -9.9% |
| Trade receivables | 40 | €246,975 | €75,396 | -€171,579 | -69.5% |
| Other amounts receivable | 41 | €631,423 | €715,900 | +€84,477 | +13.4% |
| Cash at bank and in hand | 54/58 | €159,005 | €35,871 | -€123,133 | -77.4% |
| Deferred charges and accrued income | 490/1 | €3,002 | €2,687 | -€315 | -10.5% |
| Total equity and liabilities | 10/49 | €2,114,615 | €2,148,014 | +€33,399 | +1.6% |
| Equity | 10/15 | €337,209 | €245,513 | -€91,696 | -27.2% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €426,697 | €407,268 | -€19,429 | -4.6% |
| Tax-exempt reserves | 132 | €426,697 | €407,268 | -€19,429 | -4.6% |
| Profit (loss) carried forward | 14 | -€238,224 | -€310,491 | -€72,267 | -30.3% |
| Provisions and deferred taxes | 16 | €275,308 | €268,832 | -€6,476 | -2.4% |
| Deferred taxes | 168 | €275,308 | €268,832 | -€6,476 | -2.4% |
| Amounts payable | 17/49 | €1,502,098 | €1,633,669 | +€131,571 | +8.8% |
| Amounts payable after more than one year | 17 | €485,551 | €437,952 | -€47,599 | -9.8% |
| Financial debts | 170/4 | €485,551 | €437,952 | -€47,599 | -9.8% |
| Amounts payable within one year | 42/48 | €787,860 | €710,383 | -€77,477 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €49,906 | €45,179 | -€4,727 | -9.5% |
| Financial debts | 43 | - | €1,402 | +€1,402 | |
| Credit institutions | 430/8 | - | €1,402 | +€1,402 | |
| Trade debts | 44 | €22,831 | €12,173 | -€10,658 | -46.7% |
| Suppliers | 440/4 | €22,831 | €12,173 | -€10,658 | -46.7% |
| Advances received on contracts in progress | 46 | €191,979 | €14,321 | -€177,658 | -92.5% |
| Taxes, remuneration and social security | 45 | €39,902 | €12,181 | -€27,721 | -69.5% |
| Taxes | 450/3 | €32,282 | €12,181 | -€20,101 | -62.3% |
| Remuneration and social security | 454/9 | €7,620 | - | -€7,620 | |
| Other amounts payable | 47/48 | €483,242 | €625,127 | +€141,885 | +29.4% |
| Accrued charges and deferred income | 492/3 | €228,688 | €485,334 | +€256,647 | +112.2% |
| Remuneration, social security and pensions | 62 | €53,125 | €40,273 | -€12,851 | -24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,126 | €31,116 | -€1,010 | -3.1% |
| Other operating charges | 640/8 | €6,440 | €6,704 | +€264 | +4.1% |
| Gross operating margin | 9900 | €157,000 | -€31,514 | -€188,513 | |
| Operating profit (loss) | 9901 | €65,310 | -€109,607 | -€174,916 | |
| Financial income | 75/76B | €30,544 | €37,315 | +€6,771 | +22.2% |
| Recurring financial income | 75 | €30,544 | €37,315 | +€6,771 | +22.2% |
| Financial charges | 65/66B | €45,343 | €25,639 | -€19,704 | -43.5% |
| Recurring financial charges | 65 | €45,343 | €25,639 | -€19,704 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | €50,510 | -€97,931 | -€148,441 | |
| Transfer from deferred taxes | 780 | €6,476 | €6,476 | = | 0.0% |
| Income taxes | 67/77 | €9,478 | €241 | -€9,237 | -97.5% |
| Profit (loss) for the period | 9904 | €47,509 | -€91,696 | -€139,205 | |
| Transfer from tax-exempt reserves | 789 | €19,429 | €19,429 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,938 | -€72,267 | -€139,205 |
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 11 October 2026 via checked.be.