ZHIVKOV TRANS: 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.
ZHIVKOV TRANS
Largest movements
- Cash -€54,033
down €54,033 (-72.3%), from €74,702 to €20,669
mainly Investment in fixed assets (net) (-€28,773) and Tax, wage and social debts (-€22,920)
- Tangible fixed assets +€4,535
up €4,535 (+16.2%), from €28,039 to €32,574
- Receivables within one year -€1,857
down €1,857 (-3.6%), from €51,102 to €49,245
of which Trade receivables: -€31,246
- Tax, wage and social debts -€22,920
down €22,920 (-90.8%), from €25,250 to €2,330
of which Remuneration and social security: -€19,739
- Profit (loss) carried forward -€19,423
down €19,423 (-47.2%), from €41,142 to €21,719
- Trade debts -€5,430
down €5,430 (-64.7%), from €8,389 to €2,959
- Debts after one year -€5,201
down €5,201 (-10.0%), from €51,917 to €46,716
- Current portion of long-term debt +€1,618
up €1,618 (+8.6%), from €18,896 to €20,514
- Gross operating margin -€16,787
down €16,787 (-13.9%), from €120,862 to €104,075
- Depreciation +€12,042
up €12,042 (+98.7%), from €12,197 to €24,239
- Other operating charges +€9,469
up €9,469 (+32.2%), from €29,376 to €38,845
- Staff costs -€4,445
down €4,445 (-7.2%), from €61,367 to €56,922
- Taxes -€3,181
down €3,181 (-90.6%), from €3,511 to €330
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,594 | €104,238 | -€51,355 | -33.0% |
| Fixed assets | 21/28 | €29,789 | €34,324 | +€4,535 | +15.2% |
| Tangible fixed assets | 22/27 | €28,039 | €32,574 | +€4,535 | +16.2% |
| Furniture and vehicles | 24 | €28,039 | €32,574 | +€4,535 | +16.2% |
| Financial fixed assets | 28 | €1,750 | €1,750 | = | 0.0% |
| Current assets | 29/58 | €125,804 | €69,914 | -€55,890 | -44.4% |
| Amounts receivable within one year | 40/41 | €51,102 | €49,245 | -€1,857 | -3.6% |
| Trade receivables | 40 | €43,596 | €12,350 | -€31,246 | -71.7% |
| Other amounts receivable | 41 | €7,506 | €36,894 | +€29,389 | +392% |
| Cash at bank and in hand | 54/58 | €74,702 | €20,669 | -€54,033 | -72.3% |
| Total equity and liabilities | 10/49 | €155,594 | €104,238 | -€51,355 | -33.0% |
| Equity | 10/15 | €51,142 | €31,719 | -€19,423 | -38.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,142 | €21,719 | -€19,423 | -47.2% |
| Amounts payable | 17/49 | €104,452 | €72,519 | -€31,932 | -30.6% |
| Amounts payable after more than one year | 17 | €51,917 | €46,716 | -€5,201 | -10.0% |
| Financial debts | 170/4 | €51,917 | €46,716 | -€5,201 | -10.0% |
| Amounts payable within one year | 42/48 | €52,534 | €25,803 | -€26,731 | -50.9% |
| Current portion of amounts payable after more than one year | 42 | €18,896 | €20,514 | +€1,618 | +8.6% |
| Trade debts | 44 | €8,389 | €2,959 | -€5,430 | -64.7% |
| Suppliers | 440/4 | €8,389 | €2,959 | -€5,430 | -64.7% |
| Taxes, remuneration and social security | 45 | €25,250 | €2,330 | -€22,920 | -90.8% |
| Taxes | 450/3 | €3,511 | €330 | -€3,181 | -90.6% |
| Remuneration and social security | 454/9 | €21,739 | €2,000 | -€19,739 | -90.8% |
| Remuneration, social security and pensions | 62 | €61,367 | €56,922 | -€4,445 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,197 | €24,239 | +€12,042 | +98.7% |
| Other operating charges | 640/8 | €29,376 | €38,845 | +€9,469 | +32.2% |
| Gross operating margin | 9900 | €120,862 | €104,075 | -€16,787 | -13.9% |
| Operating profit (loss) | 9901 | €17,922 | -€15,931 | -€33,853 | |
| Financial income | 75/76B | €447 | €994 | +€548 | +123% |
| Recurring financial income | 75 | €447 | €994 | +€548 | +123% |
| Financial charges | 65/66B | €2,191 | €4,156 | +€1,965 | +89.7% |
| Recurring financial charges | 65 | €2,191 | €4,156 | +€1,965 | +89.7% |
| Profit (loss) for the period before taxes | 9903 | €16,178 | -€19,092 | -€35,270 | |
| Income taxes | 67/77 | €3,511 | €330 | -€3,181 | -90.6% |
| Profit (loss) for the period | 9904 | €12,667 | -€19,423 | -€32,090 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,667 | -€19,423 | -€32,090 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.