ZENGIN: 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.
ZENGIN
Largest movements
- Receivables within one year -€151,365
no longer reported in 2024 (was €151,365)
of which Other amounts receivable: -€141,250
- Cash -€9,239
down €9,239 (-7.0%), from €131,561 to €122,322
mainly Other debts (-€141,250) and Trade debts (-€41,318)
- Other debts -€141,250
no longer reported in 2024 (was €141,250)
- Trade debts -€41,318
down €41,318 (-73.2%), from €56,456 to €15,138
- Reserves +€20,685
up €20,685 (+40.9%), from €50,529 to €71,214
of which Distributable reserves: +€22,545
- Gross operating margin -€52,243
down €52,243 (-17.9%), from €292,614 to €240,370
- Other operating charges +€26,905
up €26,905 (+31.6%), from €85,054 to €111,960
- Staff costs -€17,892
down €17,892 (-15.3%), from €117,057 to €99,165
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 | €284,822 | €123,884 | -€160,938 | -56.5% |
| Fixed assets | 21/28 | €352 | - | -€352 | |
| Tangible fixed assets | 22/27 | €352 | - | -€352 | |
| Other tangible fixed assets | 26 | €352 | - | -€352 | |
| Current assets | 29/58 | €284,470 | €123,884 | -€160,586 | -56.5% |
| Amounts receivable within one year | 40/41 | €151,365 | - | -€151,365 | |
| Trade receivables | 40 | €10,115 | - | -€10,115 | |
| Other amounts receivable | 41 | €141,250 | - | -€141,250 | |
| Cash at bank and in hand | 54/58 | €131,561 | €122,322 | -€9,239 | -7.0% |
| Deferred charges and accrued income | 490/1 | €1,544 | €1,562 | +€18 | +1.2% |
| Total equity and liabilities | 10/49 | €284,822 | €123,884 | -€160,938 | -56.5% |
| Equity | 10/15 | €69,129 | €89,814 | +€20,685 | +29.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,529 | €71,214 | +€20,685 | +40.9% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €48,669 | €71,214 | +€22,545 | +46.3% |
| Amounts payable | 17/49 | €215,692 | €34,069 | -€181,623 | -84.2% |
| Amounts payable within one year | 42/48 | €215,692 | €31,814 | -€183,879 | -85.3% |
| Trade debts | 44 | €56,456 | €15,138 | -€41,318 | -73.2% |
| Suppliers | 440/4 | €56,456 | €15,138 | -€41,318 | -73.2% |
| Taxes, remuneration and social security | 45 | €17,986 | €16,676 | -€1,310 | -7.3% |
| Taxes | 450/3 | €8,550 | €16,676 | +€8,126 | +95.0% |
| Remuneration and social security | 454/9 | €9,437 | - | -€9,437 | |
| Other amounts payable | 47/48 | €141,250 | - | -€141,250 | |
| Accrued charges and deferred income | 492/3 | - | €2,256 | +€2,256 | |
| Remuneration, social security and pensions | 62 | €117,057 | €99,165 | -€17,892 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €637 | €352 | -€285 | -44.8% |
| Other operating charges | 640/8 | €85,054 | €111,960 | +€26,905 | +31.6% |
| Gross operating margin | 9900 | €292,614 | €240,370 | -€52,243 | -17.9% |
| Operating profit (loss) | 9901 | €89,865 | €28,893 | -€60,972 | -67.8% |
| Financial income | 75/76B | €0 | €1 | +€1 | +7100.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +7100.0% |
| Financial charges | 65/66B | €134 | €83 | -€50 | -37.7% |
| Recurring financial charges | 65 | €134 | €83 | -€50 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €89,731 | €28,811 | -€60,920 | -67.9% |
| Income taxes | 67/77 | €8,550 | €8,126 | -€424 | -5.0% |
| Profit (loss) for the period | 9904 | €81,181 | €20,685 | -€60,496 | -74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €81,181 | €20,685 | -€60,496 | -74.5% |
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 5 October 2026 via checked.be.