ZINA GROUP: 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.
ZINA GROUP
Largest movements
- Intangible fixed assets -€13,908
no longer reported in 2024 (was €13,908)
- Tangible fixed assets -€10,252
no longer reported in 2024 (was €10,252)
of which Other tangible fixed assets: -€5,199
- Receivables within one year +€5,366
up €5,366 (+26.9%), from €19,946 to €25,312
of which Other amounts receivable: +€9,481
- Cash -€2,160
down €2,160 (-33.1%), from €6,519 to €4,359
- Profit (loss) carried forward -€31,333
down €31,333 (-704%), from -€4,448 to -€35,781
- Trade debts +€5,436
up €5,436 (+97.3%), from €5,589 to €11,025
- Other debts +€3,648
up €3,648 (+19.1%), from €19,107 to €22,755
- Tax, wage and social debts +€1,583
up €1,583 (+5.3%), from €30,116 to €31,699
of which Taxes: +€2,969
- Turnover -€146,744
no longer reported in 2024 (was €146,744)
- Purchases and services -€121,904
no longer reported in 2024 (was €121,904)
- Staff costs -€24,859
down €24,859 (-70.5%), from €35,281 to €10,422
- Gross operating margin -€14,651
down €14,651 (-59.0%), from €24,839 to €10,188
From the 2023 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,564 | €35,899 | -€20,665 | -36.5% |
| Fixed assets | 21/28 | €26,194 | €2,322 | -€23,872 | -91.1% |
| Intangible fixed assets | 21 | €13,908 | - | -€13,908 | |
| Tangible fixed assets | 22/27 | €10,252 | - | -€10,252 | |
| Plant, machinery and equipment | 23 | €171 | - | -€171 | |
| Furniture and vehicles | 24 | €4,882 | - | -€4,882 | |
| Other tangible fixed assets | 26 | €5,199 | - | -€5,199 | |
| Financial fixed assets | 28 | €2,034 | €2,322 | +€288 | +14.1% |
| Current assets | 29/58 | €30,370 | €33,577 | +€3,207 | +10.6% |
| Stocks and contracts in progress | 3 | €3,500 | €3,500 | = | 0.0% |
| Stocks | 30/36 | €3,500 | €3,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,946 | €25,312 | +€5,366 | +26.9% |
| Trade receivables | 40 | €17,620 | €13,506 | -€4,114 | -23.4% |
| Other amounts receivable | 41 | €2,326 | €11,807 | +€9,481 | +408% |
| Cash at bank and in hand | 54/58 | €6,519 | €4,359 | -€2,160 | -33.1% |
| Deferred charges and accrued income | 490/1 | €405 | €405 | +€0 | +0.1% |
| Total equity and liabilities | 10/49 | €56,564 | €35,899 | -€20,665 | -36.5% |
| Equity | 10/15 | €1,752 | -€29,581 | -€31,333 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Profit (loss) carried forward | 14 | -€4,448 | -€35,781 | -€31,333 | -704% |
| Investment grants | 15 | - | €0 | +€0 | |
| Amounts payable | 17/49 | €54,812 | €65,479 | +€10,667 | +19.5% |
| Amounts payable within one year | 42/48 | €54,812 | €65,479 | +€10,667 | +19.5% |
| Trade debts | 44 | €5,589 | €11,025 | +€5,436 | +97.3% |
| Suppliers | 440/4 | €5,589 | €11,025 | +€5,436 | +97.3% |
| Taxes, remuneration and social security | 45 | €30,116 | €31,699 | +€1,583 | +5.3% |
| Taxes | 450/3 | €13,440 | €16,409 | +€2,969 | +22.1% |
| Remuneration and social security | 454/9 | €16,676 | €15,290 | -€1,386 | -8.3% |
| Other amounts payable | 47/48 | €19,107 | €22,755 | +€3,648 | +19.1% |
| Turnover | 70 | €146,744 | - | -€146,744 | |
| Goods, raw materials, services and sundry goods | 60/61 | €121,904 | - | -€121,904 | |
| Remuneration, social security and pensions | 62 | €35,281 | €10,422 | -€24,859 | -70.5% |
| Other operating charges | 640/8 | €555 | €1,357 | +€802 | +145% |
| Gross operating margin | 9900 | €24,839 | €10,188 | -€14,651 | -59.0% |
| Operating profit (loss) | 9901 | -€10,997 | -€1,591 | +€9,406 | +85.5% |
| Financial income | 75/76B | - | €55 | +€55 | |
| Recurring financial income | 75 | - | €55 | +€55 | |
| Financial charges | 65/66B | €224 | €1,601 | +€1,377 | +615% |
| Recurring financial charges | 65 | €224 | €1,601 | +€1,377 | +615% |
| Profit (loss) for the period before taxes | 9903 | -€11,221 | -€3,137 | +€8,084 | +72.0% |
| Profit (loss) for the period | 9904 | -€11,221 | -€3,137 | +€8,084 | +72.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,221 | -€3,137 | +€8,084 | +72.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.