ZH CLEAN: 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.
ZH CLEAN
Largest movements
- Receivables within one year -€40,981
down €40,981 (-77.4%), from €52,978 to €11,997
of which Trade receivables: -€42,994
- Tangible fixed assets -€3,390
down €3,390 (-90.8%), from €3,733 to €343
- Financial fixed assets -€2,471
no longer reported in 2023 (was €2,471)
- Cash -€2,070
down €2,070 (-34.6%), from €5,989 to €3,919
- Deferred charges and accrued income -€837
down €837 (-88.9%), from €942 to €105
- Trade debts -€37,131
down €37,131 (-98.3%), from €37,755 to €624
- Tax, wage and social debts -€13,975
down €13,975 (-87.9%), from €15,904 to €1,929
of which Taxes: -€12,488
- Profit (loss) carried forward +€1,708
up €1,708 (+74.2%), from -€2,302 to -€594
- Current portion of long-term debt -€1,438
no longer reported in 2023 (was €1,438)
- Other debts +€1,086
up €1,086 (+20.8%), from €5,208 to €6,294
- Staff costs -€69,312
no longer reported in 2023 (was €69,312)
- Gross operating margin -€62,059
down €62,059, from €59,059 to -€3,000
- Other operating charges -€1,750
no longer reported in 2023 (was €1,750)
- Financial charges -€747
down €747 (-83.0%), from €900 to €153
From the 2021 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.
Cash bridge derived
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,113 | €16,363 | -€49,750 | -75.2% |
| Fixed assets | 21/28 | €6,204 | €343 | -€5,861 | -94.5% |
| Tangible fixed assets | 22/27 | €3,733 | €343 | -€3,390 | -90.8% |
| Furniture and vehicles | 24 | €3,733 | €343 | -€3,390 | -90.8% |
| Financial fixed assets | 28 | €2,471 | - | -€2,471 | |
| Current assets | 29/58 | €59,909 | €16,020 | -€43,889 | -73.3% |
| Amounts receivable within one year | 40/41 | €52,978 | €11,997 | -€40,981 | -77.4% |
| Trade receivables | 40 | €47,029 | €4,035 | -€42,994 | -91.4% |
| Other amounts receivable | 41 | €5,949 | €7,962 | +€2,013 | +33.8% |
| Cash at bank and in hand | 54/58 | €5,989 | €3,919 | -€2,070 | -34.6% |
| Deferred charges and accrued income | 490/1 | €942 | €105 | -€837 | -88.9% |
| Total equity and liabilities | 10/49 | €66,113 | €16,363 | -€49,750 | -75.2% |
| Equity | 10/15 | €5,808 | €7,516 | +€1,708 | +29.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,910 | €1,910 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,910 | €1,910 | = | 0.0% |
| Legal reserve | 130 | €1,910 | €1,910 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,302 | -€594 | +€1,708 | +74.2% |
| Amounts payable | 17/49 | €60,304 | €8,847 | -€51,458 | -85.3% |
| Amounts payable within one year | 42/48 | €60,304 | €8,847 | -€51,458 | -85.3% |
| Current portion of amounts payable after more than one year | 42 | €1,438 | - | -€1,438 | |
| Trade debts | 44 | €37,755 | €624 | -€37,131 | -98.3% |
| Suppliers | 440/4 | €37,755 | €624 | -€37,131 | -98.3% |
| Taxes, remuneration and social security | 45 | €15,904 | €1,929 | -€13,975 | -87.9% |
| Taxes | 450/3 | €14,063 | €1,575 | -€12,488 | -88.8% |
| Remuneration and social security | 454/9 | €1,840 | €354 | -€1,486 | -80.8% |
| Other amounts payable | 47/48 | €5,208 | €6,294 | +€1,086 | +20.8% |
| Remuneration, social security and pensions | 62 | €69,312 | - | -€69,312 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €578 | €624 | +€46 | +8.0% |
| Other operating charges | 640/8 | €1,750 | - | -€1,750 | |
| Non-recurring operating charges | 66A | €388 | - | -€388 | |
| Gross operating margin | 9900 | €59,059 | -€3,000 | -€62,059 | |
| Operating profit (loss) | 9901 | -€12,969 | -€3,624 | +€9,345 | +72.1% |
| Financial charges | 65/66B | €900 | €153 | -€747 | -83.0% |
| Recurring financial charges | 65 | €900 | €153 | -€747 | -83.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,869 | -€3,777 | +€10,092 | +72.8% |
| Income taxes | 67/77 | €133 | - | -€133 | |
| Profit (loss) for the period | 9904 | -€14,002 | -€3,777 | +€10,224 | +73.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,002 | -€3,777 | +€10,224 | +73.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.