ZENDELI CONSTRUCT: what changed
Two fiscal 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.
ZENDELI CONSTRUCT
Largest movements
- Receivables within one year +€213,880
up €213,880 (+307.8%), from €69,494 to €283,374
of which Trade receivables: +€108,568
- Trade debts +€91,736
up €91,736 (+831.3%), from €11,035 to €102,770
- Reserves +€90,200
new in 2024: €90,200
- Tax, wage and social debts +€30,661
up €30,661 (+186.0%), from €16,487 to €47,149
- Gross operating margin +€79,372
up €79,372 (+176.5%), from €44,972 to €124,343
- Taxes +€30,496
up €30,496 (+341.4%), from €8,933 to €39,429
- Financial income +€7,145
up €7,145 (+2101582.4%), from €0 to €7,146
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.
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 | €71,225 | €283,875 | +€212,650 | +298.6% |
| Fixed assets | 21/28 | €1,530 | €500 | -€1,030 | -67.3% |
| Tangible fixed assets | 22/27 | €1,030 | - | -€1,030 | |
| Furniture and vehicles | 24 | €1,030 | - | -€1,030 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €69,695 | €283,375 | +€213,681 | +306.6% |
| Amounts receivable within one year | 40/41 | €69,494 | €283,374 | +€213,880 | +307.8% |
| Trade receivables | 40 | €10,381 | €118,949 | +€108,568 | +1045.8% |
| Other amounts receivable | 41 | €59,113 | €164,425 | +€105,312 | +178.2% |
| Cash at bank and in hand | 54/58 | €4 | €1 | -€3 | -69.6% |
| Deferred charges and accrued income | 490/1 | €196 | - | -€196 | |
| Total equity and liabilities | 10/49 | €71,225 | €283,875 | +€212,650 | +298.6% |
| Equity | 10/15 | €43,703 | €133,902 | +€90,200 | +206.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €90,200 | +€90,200 | |
| Distributable reserves | 133 | - | €90,200 | +€90,200 | |
| Profit (loss) carried forward | 14 | €40,703 | €40,703 | +€0 | 0.0% |
| Amounts payable | 17/49 | €27,522 | €149,973 | +€122,451 | +444.9% |
| Amounts payable within one year | 42/48 | €27,522 | €149,919 | +€122,397 | +444.7% |
| Trade debts | 44 | €11,035 | €102,770 | +€91,736 | +831.3% |
| Suppliers | 440/4 | €11,035 | €102,770 | +€91,736 | +831.3% |
| Taxes, remuneration and social security | 45 | €16,487 | €47,149 | +€30,661 | +186.0% |
| Taxes | 450/3 | €16,487 | €47,149 | +€30,661 | +186.0% |
| Accrued charges and deferred income | 492/3 | - | €54 | +€54 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,066 | €1,030 | -€1,036 | -50.1% |
| Other operating charges | 640/8 | €1,111 | €64 | -€1,047 | -94.3% |
| Gross operating margin | 9900 | €44,972 | €124,343 | +€79,372 | +176.5% |
| Operating profit (loss) | 9901 | €41,795 | €123,249 | +€81,455 | +194.9% |
| Financial income | 75/76B | €0 | €7,146 | +€7,145 | +2101582.4% |
| Recurring financial income | 75 | €0 | €7,146 | +€7,145 | +2101582.4% |
| Financial charges | 65/66B | €450 | €767 | +€317 | +70.3% |
| Recurring financial charges | 65 | €450 | €767 | +€317 | +70.3% |
| Profit (loss) for the period before taxes | 9903 | €41,345 | €129,628 | +€88,283 | +213.5% |
| Income taxes | 67/77 | €8,933 | €39,429 | +€30,496 | +341.4% |
| Profit (loss) for the period | 9904 | €32,412 | €90,200 | +€57,787 | +178.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,412 | €90,200 | +€57,787 | +178.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.