ZENNARO: 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.
ZENNARO
Largest movements
- Cash -€30,312
down €30,312 (-98.8%), from €30,671 to €359
mainly Other debts (-€18,672) and Net result for the year (-€16,974)
- Tangible fixed assets -€5,333
down €5,333 (-4.7%), from €113,287 to €107,954
- Other debts -€18,672
down €18,672 (-15.7%), from €119,034 to €100,362
- Profit (loss) carried forward -€16,974
down €16,974 (-2595.4%), from -€654 to -€17,628
- Gross operating margin -€83,199
down €83,199, from €75,616 to -€7,583
- Purchases and services +€17,846
new in 2024: €17,846
- Other operating charges -€12,070
down €12,070 (-74.8%), from €16,127 to €4,057
- Turnover +€10,263
new in 2024: €10,263
- Financial charges -€7,301
no longer reported in 2024 (was €7,301)
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 | €153,075 | €117,429 | -€35,645 | -23.3% |
| Fixed assets | 21/28 | €116,358 | €111,024 | -€5,333 | -4.6% |
| Tangible fixed assets | 22/27 | €113,287 | €107,954 | -€5,333 | -4.7% |
| Land and buildings | 22 | €113,287 | €107,954 | -€5,333 | -4.7% |
| Financial fixed assets | 28 | €3,070 | €3,070 | = | 0.0% |
| Current assets | 29/58 | €36,717 | €6,405 | -€30,312 | -82.6% |
| Amounts receivable within one year | 40/41 | €6,046 | €6,046 | = | 0.0% |
| Trade receivables | 40 | €6,046 | €6,046 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €30,671 | €359 | -€30,312 | -98.8% |
| Total equity and liabilities | 10/49 | €153,075 | €117,429 | -€35,645 | -23.3% |
| Equity | 10/15 | €31,572 | €14,599 | -€16,974 | -53.8% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €7,437 | €7,437 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €4,958 | €4,958 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€654 | -€17,628 | -€16,974 | -2595.4% |
| Amounts payable | 17/49 | €121,502 | €102,830 | -€18,672 | -15.4% |
| Amounts payable within one year | 42/48 | €121,502 | €102,830 | -€18,672 | -15.4% |
| Trade debts | 44 | €2,468 | €2,468 | = | 0.0% |
| Suppliers | 440/4 | €2,468 | €718 | -€1,750 | -70.9% |
| Bills of exchange payable | 441 | - | €1,750 | +€1,750 | |
| Other amounts payable | 47/48 | €119,034 | €100,362 | -€18,672 | -15.7% |
| Turnover | 70 | - | €10,263 | +€10,263 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €17,846 | +€17,846 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,333 | €5,333 | = | 0.0% |
| Other operating charges | 640/8 | €16,127 | €4,057 | -€12,070 | -74.8% |
| Gross operating margin | 9900 | €75,616 | -€7,583 | -€83,199 | |
| Operating profit (loss) | 9901 | €54,156 | -€16,974 | -€71,129 | |
| Financial charges | 65/66B | €7,301 | - | -€7,301 | |
| Recurring financial charges | 65 | €7,301 | - | -€7,301 | |
| Profit (loss) for the period before taxes | 9903 | €46,854 | -€16,974 | -€63,828 | |
| Profit (loss) for the period | 9904 | €46,854 | -€16,974 | -€63,828 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,854 | -€16,974 | -€63,828 |
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 3 October 2026 via checked.be.