ZIN 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.
ZIN TRANS
Largest movements
- Cash +€37,003
up €37,003 (+287%), from €12,877 to €49,880
mainly Net result for the year (+€31,324) and Other debts (+€7,067)
- Tangible fixed assets -€5,978
down €5,978 (-42.6%), from €14,042 to €8,064
- Profit (loss) carried forward +€16,524
up €16,524, from -€8,685 to €7,839
- Other debts +€7,067
up €7,067 (+67.7%), from €10,435 to €17,503
- Tax, wage and social debts +€6,485
up €6,485 (+99.3%), from €6,534 to €13,020
- Trade debts +€957
up €957 (+18.0%), from €5,329 to €6,286
- Staff costs -€20,598
down €20,598 (-76.5%), from €26,933 to €6,336
- Gross operating margin +€13,429
up €13,429 (+41.1%), from €32,640 to €46,068
- Financial charges -€8,292
down €8,292 (-99.3%), from €8,352 to €60
of which Non-recurring financial charges: -€8,216
- Depreciation +€2,086
up €2,086 (+53.6%), from €3,892 to €5,978
- Other operating charges +€600
up €600 (+58.5%), from €1,025 to €1,625
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 | €32,214 | €63,248 | +€31,034 | +96.3% |
| Fixed assets | 21/28 | €14,042 | €8,064 | -€5,978 | -42.6% |
| Tangible fixed assets | 22/27 | €14,042 | €8,064 | -€5,978 | -42.6% |
| Furniture and vehicles | 24 | €14,042 | €8,064 | -€5,978 | -42.6% |
| Current assets | 29/58 | €18,172 | €55,184 | +€37,012 | +204% |
| Amounts receivable within one year | 40/41 | €5,295 | €4,811 | -€484 | -9.1% |
| Trade receivables | 40 | €2,231 | €1,795 | -€436 | -19.6% |
| Other amounts receivable | 41 | €3,064 | €3,016 | -€48 | -1.6% |
| Cash at bank and in hand | 54/58 | €12,877 | €49,880 | +€37,003 | +287% |
| Deferred charges and accrued income | 490/1 | - | €493 | +€493 | |
| Total equity and liabilities | 10/49 | €32,214 | €63,248 | +€31,034 | +96.3% |
| Equity | 10/15 | €9,915 | €26,439 | +€16,524 | +167% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,685 | €7,839 | +€16,524 | |
| Amounts payable | 17/49 | €22,299 | €36,809 | +€14,510 | +65.1% |
| Amounts payable within one year | 42/48 | €22,299 | €36,809 | +€14,510 | +65.1% |
| Trade debts | 44 | €5,329 | €6,286 | +€957 | +18.0% |
| Suppliers | 440/4 | €5,329 | €6,286 | +€957 | +18.0% |
| Taxes, remuneration and social security | 45 | €6,534 | €13,020 | +€6,485 | +99.3% |
| Remuneration and social security | 454/9 | €6,534 | €13,020 | +€6,485 | +99.3% |
| Other amounts payable | 47/48 | €10,435 | €17,503 | +€7,067 | +67.7% |
| Remuneration, social security and pensions | 62 | €26,933 | €6,336 | -€20,598 | -76.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,892 | €5,978 | +€2,086 | +53.6% |
| Other operating charges | 640/8 | €1,025 | €1,625 | +€600 | +58.5% |
| Non-recurring operating charges | 66A | €58 | €747 | +€689 | +1,187% |
| Gross operating margin | 9900 | €32,640 | €46,068 | +€13,429 | +41.1% |
| Operating profit (loss) | 9901 | €732 | €31,384 | +€30,652 | +4,190% |
| Financial charges | 65/66B | €8,352 | €60 | -€8,292 | -99.3% |
| Recurring financial charges | 65 | €135 | €60 | -€75 | -55.7% |
| Non-recurring financial charges | 66B | €8,216 | - | -€8,216 | |
| Profit (loss) for the period before taxes | 9903 | -€7,620 | €31,324 | +€38,944 | |
| Profit (loss) for the period | 9904 | -€7,620 | €31,324 | +€38,944 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,620 | €31,324 | +€38,944 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.