ZEFIROS: 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.
ZEFIROS
Largest movements
- Receivables within one year +€2,823
up €2,823 (+2,365%), from €119 to €2,942
- Tangible fixed assets -€2,721
down €2,721 (-12.6%), from €21,604 to €18,884
of which Furniture and vehicles: -€4,446
- Other debts +€10,802
up €10,802 (+55.8%), from €19,368 to €30,170
- Profit (loss) carried forward -€7,508
down €7,508 (-17.1%), from -€43,789 to -€51,297
- Trade debts -€2,155
down €2,155 (-56.1%), from €3,841 to €1,686
- Tax, wage and social debts -€1,044
down €1,044 (-34.4%), from €3,031 to €1,987
of which Remuneration and social security: -€1,022
- Purchases and services +€20,507
up €20,507 (+22.9%), from €89,376 to €109,883
- Turnover +€13,350
up €13,350 (+11.1%), from €120,034 to €133,383
- Gross operating margin -€7,158
down €7,158 (-23.3%), from €30,658 to €23,500
- Staff costs +€6,042
up €6,042 (+33.5%), from €18,036 to €24,077
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,404 | €23,498 | +€95 | +0.4% |
| Fixed assets | 21/28 | €21,604 | €18,884 | -€2,721 | -12.6% |
| Tangible fixed assets | 22/27 | €21,604 | €18,884 | -€2,721 | -12.6% |
| Plant, machinery and equipment | 23 | €2,101 | €3,827 | +€1,725 | +82.1% |
| Furniture and vehicles | 24 | €19,503 | €15,057 | -€4,446 | -22.8% |
| Current assets | 29/58 | €1,799 | €4,615 | +€2,815 | +156% |
| Amounts receivable within one year | 40/41 | €119 | €2,942 | +€2,823 | +2,365% |
| Other amounts receivable | 41 | €119 | €2,942 | +€2,823 | +2,365% |
| Cash at bank and in hand | 54/58 | €1,680 | €1,673 | -€7 | -0.4% |
| Total equity and liabilities | 10/49 | €23,404 | €23,498 | +€95 | +0.4% |
| Equity | 10/15 | -€2,836 | -€10,344 | -€7,508 | -265% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Capital | 10 | €40,000 | €40,000 | = | 0.0% |
| Issued capital | 100 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €953 | €953 | = | 0.0% |
| Non-distributable reserves | 130/1 | €953 | €953 | = | 0.0% |
| Legal reserve | 130 | €953 | €953 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,789 | -€51,297 | -€7,508 | -17.1% |
| Amounts payable | 17/49 | €26,240 | €33,842 | +€7,603 | +29.0% |
| Amounts payable within one year | 42/48 | €26,240 | €33,842 | +€7,603 | +29.0% |
| Trade debts | 44 | €3,841 | €1,686 | -€2,155 | -56.1% |
| Suppliers | 440/4 | €3,841 | €1,686 | -€2,155 | -56.1% |
| Taxes, remuneration and social security | 45 | €3,031 | €1,987 | -€1,044 | -34.4% |
| Taxes | 450/3 | €22 | - | -€22 | |
| Remuneration and social security | 454/9 | €3,009 | €1,987 | -€1,022 | -34.0% |
| Other amounts payable | 47/48 | €19,368 | €30,170 | +€10,802 | +55.8% |
| Turnover | 70 | €120,034 | €133,383 | +€13,350 | +11.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €89,376 | €109,883 | +€20,507 | +22.9% |
| Remuneration, social security and pensions | 62 | €18,036 | €24,077 | +€6,042 | +33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,871 | €6,654 | +€784 | +13.3% |
| Gross operating margin | 9900 | €30,658 | €23,500 | -€7,158 | -23.3% |
| Operating profit (loss) | 9901 | €6,752 | -€7,231 | -€13,983 | |
| Financial charges | 65/66B | €295 | €277 | -€18 | -6.0% |
| Recurring financial charges | 65 | €295 | €277 | -€18 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €6,457 | -€7,508 | -€13,965 | |
| Profit (loss) for the period | 9904 | €6,457 | -€7,508 | -€13,965 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,457 | -€7,508 | -€13,965 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.