ZSUSZY CONSTRUCT: 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.
ZSUSZY CONSTRUCT
Largest movements
- Receivables within one year +€29,047
up €29,047 (+53.4%), from €54,407 to €83,454
of which Other amounts receivable: +€18,304
- Cash -€8,161
down €8,161 (-89.8%), from €9,087 to €926
mainly Receivables within one year (-€29,047) and Trade debts (-€317)
- Tangible fixed assets -€3,864
down €3,864 (-80.8%), from €4,785 to €921
- Profit (loss) carried forward +€12,298
up €12,298 (+24.8%), from €49,615 to €61,913
- Tax, wage and social debts +€5,116
up €5,116 (+31.1%), from €16,461 to €21,577
- Gross operating margin -€8,215
down €8,215 (-29.0%), from €28,360 to €20,145
- Other operating charges -€2,378
down €2,378 (-78.9%), from €3,012 to €634
- Financial income +€1,432
up €1,432 (+69.4%), from €2,065 to €3,497
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 | €68,606 | €85,703 | +€17,097 | +24.9% |
| Fixed assets | 21/28 | €4,785 | €921 | -€3,864 | -80.8% |
| Tangible fixed assets | 22/27 | €4,785 | €921 | -€3,864 | -80.8% |
| Furniture and vehicles | 24 | €4,785 | €921 | -€3,864 | -80.8% |
| Current assets | 29/58 | €63,821 | €84,782 | +€20,961 | +32.8% |
| Amounts receivable within one year | 40/41 | €54,407 | €83,454 | +€29,047 | +53.4% |
| Trade receivables | 40 | €5,902 | €16,645 | +€10,743 | +182% |
| Other amounts receivable | 41 | €48,505 | €66,809 | +€18,304 | +37.7% |
| Cash at bank and in hand | 54/58 | €9,087 | €926 | -€8,161 | -89.8% |
| Deferred charges and accrued income | 490/1 | €327 | €403 | +€75 | +23.0% |
| Total equity and liabilities | 10/49 | €68,606 | €85,703 | +€17,097 | +24.9% |
| Equity | 10/15 | €51,115 | €63,413 | +€12,298 | +24.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,615 | €61,913 | +€12,298 | +24.8% |
| Amounts payable | 17/49 | €17,490 | €22,290 | +€4,799 | +27.4% |
| Amounts payable within one year | 42/48 | €17,490 | €22,290 | +€4,799 | +27.4% |
| Trade debts | 44 | €1,030 | €713 | -€317 | -30.8% |
| Suppliers | 440/4 | €1,030 | €713 | -€317 | -30.8% |
| Taxes, remuneration and social security | 45 | €16,461 | €21,577 | +€5,116 | +31.1% |
| Taxes | 450/3 | €16,461 | €21,577 | +€5,116 | +31.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,864 | €3,864 | = | 0.0% |
| Other operating charges | 640/8 | €3,012 | €634 | -€2,378 | -78.9% |
| Gross operating margin | 9900 | €28,360 | €20,145 | -€8,215 | -29.0% |
| Operating profit (loss) | 9901 | €21,484 | €15,647 | -€5,838 | -27.2% |
| Financial income | 75/76B | €2,065 | €3,497 | +€1,432 | +69.4% |
| Recurring financial income | 75 | €2,065 | €3,497 | +€1,432 | +69.4% |
| Financial charges | 65/66B | €258 | €141 | -€117 | -45.4% |
| Recurring financial charges | 65 | €258 | €141 | -€117 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | €23,291 | €19,003 | -€4,288 | -18.4% |
| Income taxes | 67/77 | €6,456 | €6,705 | +€249 | +3.9% |
| Profit (loss) for the period | 9904 | €16,835 | €12,298 | -€4,537 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,835 | €12,298 | -€4,537 | -27.0% |
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 18 October 2026 via checked.be.