ZIM BELGIUM: what changed
What changed
ZIM BELGIUM
NACE 52.250, Logistics services
filed annual accounts (NBB)
Net result for the year
€562
2024 · -€3,456+€4,018
Equity
€387,920
2024 · €387,358+€562
Cash
€234,633
2024 · €331,503-€96,871
Balance sheet total
€3.3m
2024 · €3.3m-€31,494
Largest movements
Assets
- Cash -€96,871
down €96,871 (-29.2%), from €331,503 to €234,633
mainly Receivables within one year (-€89,225) and Tax, wage and social debts (-€66,358)
- Receivables within one year +€89,225
up €89,225 (+3.0%), from €3.0m to €3.1m
of which Trade receivables: +€88,172
Equity and liabilities
- Tax, wage and social debts -€66,358
down €66,358 (-64.0%), from €103,748 to €37,390
of which Remuneration and social security: -€49,179
- Accrued charges and deferred income +€37,777
up €37,777 (+569%), from €6,639 to €44,416
Income statement
- Turnover +€115,848
up €115,848 (+14.0%), from €826,399 to €942,247
- Staff costs +€93,086
up €93,086 (+13.7%), from €680,103 to €773,189
- Services and other goods +€25,357
up €25,357 (+19.1%), from €133,097 to €158,454
- Write-downs +€12,134
new in 2025: €12,134
- Other operating income +€12,101
up €12,101, from €0 to €12,101
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€3,456
Turnover
+€115,848
Other operating income
+€12,101
Services and other goods
-€25,357
Staff costs
-€93,086
Depreciation
+€708
Write-downs
-€12,134
Other operating charges
-€13
Other operating items
-€192
Financial charges
-€3,420
Taxes
+€9,562
Result 2025
€562
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€96,222
Investment
-€649
Financing
€0
Cash 2024
€331,503
From operations (derived)
-€96,222
Net result for the year
+€562
Depreciation
+€5,048
Receivables within one year
-€89,225
Deferred charges and accrued income
+€19,450
Trade debts
-€3,475
Tax, wage and social debts
-€66,358
Accrued charges and deferred income
+€37,777
Investment (derived)
-€649
Investment in fixed assets (net)
-€649
Cash 2025
€234,633
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,327,478 | €3,295,984 | -€31,494 | -0.9% |
| Fixed assets | 21/28 | €13,936 | €9,537 | -€4,399 | -31.6% |
| Tangible fixed assets | 22/27 | €10,896 | €6,497 | -€4,399 | -40.4% |
| Furniture and vehicles | 24 | €10,896 | €6,497 | -€4,399 | -40.4% |
| Financial fixed assets | 28 | €3,040 | €3,040 | = | 0.0% |
| Other financial fixed assets | 284/8 | €3,040 | €3,040 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,040 | €3,040 | = | 0.0% |
| Current assets | 29/58 | €3,313,542 | €3,286,447 | -€27,095 | -0.8% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,962,582 | €3,051,807 | +€89,225 | +3.0% |
| Trade receivables | 40 | €2,880,480 | €2,968,652 | +€88,172 | +3.1% |
| Other amounts receivable | 41 | €82,102 | €83,155 | +€1,053 | +1.3% |
| Cash at bank and in hand | 54/58 | €331,503 | €234,633 | -€96,871 | -29.2% |
| Deferred charges and accrued income | 490/1 | €19,457 | €7 | -€19,450 | -100.0% |
| Total equity and liabilities | 10/49 | €3,327,478 | €3,295,984 | -€31,494 | -0.9% |
| Equity | 10/15 | €387,358 | €387,920 | +€562 | +0.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €8,499 | €8,499 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,299 | €2,299 | = | 0.0% |
| Profit (loss) carried forward | 14 | €316,859 | €317,421 | +€562 | +0.2% |
| Amounts payable | 17/49 | €2,940,121 | €2,908,064 | -€32,056 | -1.1% |
| Amounts payable within one year | 42/48 | €2,933,482 | €2,863,648 | -€69,833 | -2.4% |
| Trade debts | 44 | €2,829,733 | €2,826,258 | -€3,475 | -0.1% |
| Suppliers | 440/4 | €2,829,733 | €2,826,258 | -€3,475 | -0.1% |
| Taxes, remuneration and social security | 45 | €103,748 | €37,390 | -€66,358 | -64.0% |
| Taxes | 450/3 | €30,208 | €13,028 | -€17,180 | -56.9% |
| Remuneration and social security | 454/9 | €73,541 | €24,362 | -€49,179 | -66.9% |
| Accrued charges and deferred income | 492/3 | €6,639 | €44,416 | +€37,777 | +569% |
| Operating income | 70/76A | €826,399 | €954,348 | +€127,950 | +15.5% |
| Turnover | 70 | €826,399 | €942,247 | +€115,848 | +14.0% |
| Other operating income | 74 | €0 | €12,101 | +€12,101 | |
| Operating charges | 60/66A | €819,353 | €949,427 | +€130,074 | +15.9% |
| Services and other goods | 61 | €133,097 | €158,454 | +€25,357 | +19.1% |
| Remuneration, social security and pensions | 62 | €680,103 | €773,189 | +€93,086 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,756 | €5,048 | -€708 | -12.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €12,134 | +€12,134 | |
| Other operating charges | 640/8 | €397 | €410 | +€13 | +3.3% |
| Non-recurring operating charges | 66A | - | €192 | +€192 | |
| Operating profit (loss) | 9901 | €7,046 | €4,922 | -€2,124 | -30.1% |
| Financial charges | 65/66B | €1,501 | €4,922 | +€3,420 | +228% |
| Recurring financial charges | 65 | €1,501 | €4,922 | +€3,420 | +228% |
| Other financial charges | 652/9 | €1,501 | €4,922 | +€3,420 | +228% |
| Profit (loss) for the period before taxes | 9903 | €5,544 | €0 | -€5,544 | -100% |
| Income taxes | 67/77 | €9,000 | -€562 | -€9,562 | |
| Taxes | 670/3 | €9,000 | €3,000 | -€6,000 | -66.7% |
| Tax adjustments and reversals of tax provisions | 77 | - | €3,562 | +€3,562 | |
| Profit (loss) for the period | 9904 | -€3,456 | €562 | +€4,018 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,456 | €562 | +€4,018 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.