ZT GROUP: 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.
ZT GROUP
Largest movements
- Cash -€854
down €854 (-75.5%), from €1,131 to €277
mainly Net result for the year (-€1,406) and Trade debts (-€295)
- Intangible fixed assets -€336
down €336 (-47.2%), from €712 to €376
- Receivables within one year +€288
up €288 (+57.8%), from €498 to €786
of which Trade receivables: +€210
- Profit (loss) carried forward -€1,406
down €1,406 (-51.4%), from -€2,736 to -€4,142
- Other debts +€810
up €810 (+48.6%), from €1,667 to €2,477
- Trade debts -€295
down €295 (-74.1%), from €399 to €103
- Gross operating margin +€1,390
up €1,390 (+58.0%), from -€2,397 to -€1,008
- Depreciation +€40
up €40 (+13.4%), from €297 to €336
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 | €2,341 | €1,439 | -€902 | -38.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €712 | €376 | -€336 | -47.2% |
| Intangible fixed assets | 21 | €712 | €376 | -€336 | -47.2% |
| Current assets | 29/58 | €1,629 | €1,063 | -€566 | -34.7% |
| Amounts receivable within one year | 40/41 | €498 | €786 | +€288 | +57.8% |
| Trade receivables | 40 | €498 | €708 | +€210 | +42.1% |
| Other amounts receivable | 41 | - | €78 | +€78 | |
| Cash at bank and in hand | 54/58 | €1,131 | €277 | -€854 | -75.5% |
| Total equity and liabilities | 10/49 | €2,341 | €1,439 | -€902 | -38.5% |
| Equity | 10/15 | €264 | -€1,142 | -€1,406 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,736 | -€4,142 | -€1,406 | -51.4% |
| Amounts payable | 17/49 | €2,077 | €2,581 | +€504 | +24.2% |
| Amounts payable within one year | 42/48 | €2,077 | €2,581 | +€504 | +24.2% |
| Trade debts | 44 | €399 | €103 | -€295 | -74.1% |
| Suppliers | 440/4 | €399 | €103 | -€295 | -74.1% |
| Taxes, remuneration and social security | 45 | €11 | - | -€11 | |
| Remuneration and social security | 454/9 | €11 | - | -€11 | |
| Other amounts payable | 47/48 | €1,667 | €2,477 | +€810 | +48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €297 | €336 | +€40 | +13.4% |
| Gross operating margin | 9900 | -€2,397 | -€1,008 | +€1,390 | +58.0% |
| Operating profit (loss) | 9901 | -€2,694 | -€1,344 | +€1,350 | +50.1% |
| Financial charges | 65/66B | €42 | €62 | +€20 | +47.9% |
| Recurring financial charges | 65 | €42 | €62 | +€20 | +47.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,736 | -€1,406 | +€1,330 | +48.6% |
| Profit (loss) for the period | 9904 | -€2,736 | -€1,406 | +€1,330 | +48.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,736 | -€1,406 | +€1,330 | +48.6% |
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 5 October 2026 via checked.be.