ZOLAR: 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.
ZOLAR
Largest movements
- Stocks and contracts +€397,763
up €397,763 (+481.0%), from €82,697 to €480,460
- Receivables within one year +€87,350
up €87,350 (+95.3%), from €91,696 to €179,046
of which Other amounts receivable: +€83,478
- Other debts +€410,163
up €410,163 (+79.1%), from €518,332 to €928,495
- Trade debts +€82,852
up €82,852 (+114.4%), from €72,434 to €155,285
- Profit (loss) carried forward -€8,147
down €8,147 (-1.7%), from -€466,923 to -€475,070
- Gross operating margin +€438,427
up €438,427 (+99.1%), from -€442,301 to -€3,874
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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €174,978 | €659,990 | +€485,012 | +277.2% |
| Current assets | 29/58 | €174,978 | €659,990 | +€485,012 | +277.2% |
| Stocks and contracts in progress | 3 | €82,697 | €480,460 | +€397,763 | +481.0% |
| Stocks | 30/36 | €82,697 | €480,460 | +€397,763 | +481.0% |
| Amounts receivable within one year | 40/41 | €91,696 | €179,046 | +€87,350 | +95.3% |
| Trade receivables | 40 | - | €3,872 | +€3,872 | |
| Other amounts receivable | 41 | €91,696 | €175,174 | +€83,478 | +91.0% |
| Cash at bank and in hand | 54/58 | €585 | €484 | -€101 | -17.2% |
| Total equity and liabilities | 10/49 | €174,978 | €659,990 | +€485,012 | +277.2% |
| Equity | 10/15 | -€416,923 | -€425,070 | -€8,147 | -2.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€466,923 | -€475,070 | -€8,147 | -1.7% |
| Amounts payable | 17/49 | €591,901 | €1,085,060 | +€493,159 | +83.3% |
| Amounts payable within one year | 42/48 | €590,765 | €1,083,780 | +€493,015 | +83.5% |
| Trade debts | 44 | €72,434 | €155,285 | +€82,852 | +114.4% |
| Suppliers | 440/4 | €72,434 | €155,285 | +€82,852 | +114.4% |
| Other amounts payable | 47/48 | €518,332 | €928,495 | +€410,163 | +79.1% |
| Accrued charges and deferred income | 492/3 | €1,135 | €1,280 | +€145 | +12.8% |
| Other operating charges | 640/8 | €1,229 | €1,246 | +€17 | +1.3% |
| Gross operating margin | 9900 | -€442,301 | -€3,874 | +€438,427 | +99.1% |
| Operating profit (loss) | 9901 | -€443,530 | -€5,120 | +€438,410 | +98.8% |
| Financial charges | 65/66B | €1,817 | €3,027 | +€1,210 | +66.6% |
| Recurring financial charges | 65 | €1,817 | €3,027 | +€1,210 | +66.6% |
| Profit (loss) for the period before taxes | 9903 | -€445,347 | -€8,147 | +€437,200 | +98.2% |
| Profit (loss) for the period | 9904 | -€445,347 | -€8,147 | +€437,200 | +98.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€445,347 | -€8,147 | +€437,200 | +98.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.