ZIMCONSTRUCT: 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.
ZIMCONSTRUCT
Largest movements
- Receivables within one year -€532,241
down €532,241 (-55.6%), from €957,854 to €425,613
of which Trade receivables: -€584,510
- Cash +€23,265
up €23,265 (+5.8%), from €401,981 to €425,246
mainly Receivables within one year (+€532,241) and Depreciation (+€23,251)
- Trade debts -€520,878
down €520,878 (-43.6%), from €1.2m to €674,379
- Profit (loss) carried forward +€20,716
up €20,716 (+12.5%), from €166,086 to €186,802
- Debts after one year -€14,860
down €14,860 (-79.9%), from €18,598 to €3,738
- Gross operating margin +€11,630
up €11,630 (+24.5%), from €47,437 to €59,067
- Taxes +€4,961
up €4,961 (+73.3%), from €6,765 to €11,726
- Depreciation +€1,884
up €1,884 (+8.8%), from €21,367 to €23,251
- Other operating charges -€1,288
down €1,288 (-49.4%), from €2,610 to €1,322
- Financial charges -€812
down €812 (-23.8%), from €3,406 to €2,594
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.
Cash bridge derived
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 | €1,411,077 | €899,543 | -€511,534 | -36.3% |
| Fixed assets | 21/28 | €49,638 | €46,734 | -€2,904 | -5.9% |
| Tangible fixed assets | 22/27 | €46,893 | €43,989 | -€2,904 | -6.2% |
| Plant, machinery and equipment | 23 | €804 | €18,128 | +€17,324 | +2156.0% |
| Furniture and vehicles | 24 | €46,090 | €25,861 | -€20,229 | -43.9% |
| Financial fixed assets | 28 | €2,745 | €2,745 | = | 0.0% |
| Current assets | 29/58 | €1,361,439 | €852,809 | -€508,630 | -37.4% |
| Amounts receivable within one year | 40/41 | €957,854 | €425,613 | -€532,241 | -55.6% |
| Trade receivables | 40 | €890,313 | €305,803 | -€584,510 | -65.7% |
| Other amounts receivable | 41 | €67,541 | €119,810 | +€52,269 | +77.4% |
| Cash at bank and in hand | 54/58 | €401,981 | €425,246 | +€23,265 | +5.8% |
| Deferred charges and accrued income | 490/1 | €1,603 | €1,950 | +€347 | +21.6% |
| Total equity and liabilities | 10/49 | €1,411,077 | €899,543 | -€511,534 | -36.3% |
| Equity | 10/15 | €174,146 | €194,862 | +€20,716 | +11.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,086 | €186,802 | +€20,716 | +12.5% |
| Amounts payable | 17/49 | €1,236,931 | €704,681 | -€532,250 | -43.0% |
| Amounts payable after more than one year | 17 | €18,598 | €3,738 | -€14,860 | -79.9% |
| Financial debts | 170/4 | €18,598 | €3,738 | -€14,860 | -79.9% |
| Amounts payable within one year | 42/48 | €1,218,332 | €700,943 | -€517,389 | -42.5% |
| Current portion of amounts payable after more than one year | 42 | €14,710 | €14,860 | +€150 | +1.0% |
| Trade debts | 44 | €1,195,257 | €674,379 | -€520,878 | -43.6% |
| Suppliers | 440/4 | €1,195,257 | €674,379 | -€520,878 | -43.6% |
| Taxes, remuneration and social security | 45 | €8,365 | €11,704 | +€3,339 | +39.9% |
| Taxes | 450/3 | €6,765 | €11,704 | +€4,939 | +73.0% |
| Remuneration and social security | 454/9 | €1,600 | - | -€1,600 | |
| Non-recurring operating income | 76A | €625 | - | -€625 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,367 | €23,251 | +€1,884 | +8.8% |
| Other operating charges | 640/8 | €2,610 | €1,322 | -€1,288 | -49.4% |
| Gross operating margin | 9900 | €47,437 | €59,067 | +€11,630 | +24.5% |
| Operating profit (loss) | 9901 | €23,460 | €34,494 | +€11,034 | +47.0% |
| Financial income | 75/76B | €75 | €542 | +€467 | +618.3% |
| Recurring financial income | 75 | €75 | €542 | +€467 | +618.3% |
| Financial charges | 65/66B | €3,406 | €2,594 | -€812 | -23.8% |
| Recurring financial charges | 65 | €3,406 | €2,594 | -€812 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €20,129 | €32,442 | +€12,313 | +61.2% |
| Income taxes | 67/77 | €6,765 | €11,726 | +€4,961 | +73.3% |
| Profit (loss) for the period | 9904 | €13,363 | €20,716 | +€7,353 | +55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,363 | €20,716 | +€7,353 | +55.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.