Zidi 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.
Zidi Construct
Largest movements
- Receivables within one year +€147,761
up €147,761 (+174.8%), from €84,549 to €232,309
of which Trade receivables: +€135,663
- Cash -€15,351
down €15,351 (-78.0%), from €19,693 to €4,342
mainly Receivables within one year (-€147,761) and Deferred charges and accrued income (-€9,288)
- Deferred charges and accrued income +€9,288
new in 2023: €9,288
- Trade debts +€110,382
up €110,382 (+162.3%), from €67,993 to €178,375
- Profit (loss) carried forward -€16,582
down €16,582 (-100.0%), from €16,582 to €0
- Tax, wage and social debts +€15,377
up €15,377 (+164.2%), from €9,362 to €24,738
of which Remuneration and social security: +€15,105
- Reserves +€14,490
up €14,490 (+293905.3%), from €5 to €14,494
of which Distributable reserves: +€14,490
- Advances received +€8,731
new in 2023: €8,731
- Write-downs +€36,137
new in 2023: €36,137
- Gross operating margin +€30,108
up €30,108 (+100.8%), from €29,865 to €59,973
- Staff costs +€27,450
new in 2023: €27,450
- Taxes -€6,918
down €6,918 (-100.0%), from €6,918 to €0
- Financial income +€2,285
up €2,285 (+473.4%), from €483 to €2,768
of which Financial income: +€1,769
From the 2022 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
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,242 | €245,939 | +€141,698 | +135.9% |
| Current assets | 29/58 | €104,242 | €245,939 | +€141,698 | +135.9% |
| Amounts receivable within one year | 40/41 | €84,549 | €232,309 | +€147,761 | +174.8% |
| Trade receivables | 40 | €60,857 | €196,520 | +€135,663 | +222.9% |
| Other amounts receivable | 41 | €23,692 | €35,789 | +€12,097 | +51.1% |
| Cash at bank and in hand | 54/58 | €19,693 | €4,342 | -€15,351 | -78.0% |
| Deferred charges and accrued income | 490/1 | - | €9,288 | +€9,288 | |
| Total equity and liabilities | 10/49 | €104,242 | €245,939 | +€141,698 | +135.9% |
| Equity | 10/15 | €22,887 | €20,794 | -€2,093 | -9.1% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €5 | €14,494 | +€14,490 | +293905.3% |
| Non-distributable reserves | 130/1 | €5 | €5 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5 | €5 | = | 0.0% |
| Distributable reserves | 133 | - | €14,490 | +€14,490 | |
| Profit (loss) carried forward | 14 | €16,582 | €0 | -€16,582 | -100.0% |
| Amounts payable | 17/49 | €81,354 | €225,145 | +€143,791 | +176.7% |
| Amounts payable within one year | 42/48 | €77,354 | €218,648 | +€141,294 | +182.7% |
| Trade debts | 44 | €67,993 | €178,375 | +€110,382 | +162.3% |
| Suppliers | 440/4 | €67,993 | €178,375 | +€110,382 | +162.3% |
| Advances received on contracts in progress | 46 | - | €8,731 | +€8,731 | |
| Taxes, remuneration and social security | 45 | €9,362 | €24,738 | +€15,377 | +164.2% |
| Taxes | 450/3 | €8,656 | €8,928 | +€272 | +3.1% |
| Remuneration and social security | 454/9 | €706 | €15,810 | +€15,105 | +2139.7% |
| Other amounts payable | 47/48 | - | €6,804 | +€6,804 | |
| Accrued charges and deferred income | 492/3 | €4,000 | €6,497 | +€2,497 | +62.4% |
| Remuneration, social security and pensions | 62 | - | €27,450 | +€27,450 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €36,137 | +€36,137 | |
| Other operating charges | 640/8 | €184 | €727 | +€543 | +294.3% |
| Gross operating margin | 9900 | €29,865 | €59,973 | +€30,108 | +100.8% |
| Operating profit (loss) | 9901 | €29,680 | -€4,341 | -€34,022 | |
| Financial income | 75/76B | €483 | €2,768 | +€2,285 | +473.4% |
| Recurring financial income | 75 | €483 | €2,252 | +€1,769 | +366.6% |
| Non-recurring financial income | 76B | - | €516 | +€516 | |
| Financial charges | 65/66B | €250 | €520 | +€269 | +107.6% |
| Recurring financial charges | 65 | €10 | €185 | +€175 | +1784.6% |
| Non-recurring financial charges | 66B | €240 | €334 | +€94 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | €29,913 | -€2,093 | -€32,006 | |
| Income taxes | 67/77 | €6,918 | €0 | -€6,918 | -100.0% |
| Profit (loss) for the period | 9904 | €22,994 | -€2,093 | -€25,087 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,994 | -€2,093 | -€25,087 |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2022 and 31 May 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.