ZUIDERVAART: 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.
ZUIDERVAART
Largest movements
- Receivables within one year -€17,363
down €17,363 (-43.6%), from €39,839 to €22,476
of which Other amounts receivable: -€13,535
- Cash +€16,973
up €16,973 (+964.9%), from €1,759 to €18,732
mainly Receivables within one year (+€17,363) and Tax, wage and social debts (+€8,800)
- Deferred charges and accrued income +€1,107
new in 2024: €1,107
- Tangible fixed assets -€790
down €790 (-28.5%), from €2,771 to €1,981
- Tax, wage and social debts +€8,800
up €8,800 (+93.4%), from €9,425 to €18,225
of which Taxes: +€8,800
- Other debts -€5,449
down €5,449 (-88.5%), from €6,158 to €709
- Trade debts -€2,701
down €2,701 (-8.8%), from €30,566 to €27,865
- Profit (loss) carried forward -€723
down €723 (-5.0%), from -€14,491 to -€15,214
- Turnover -€178,399
down €178,399 (-61.4%), from €290,651 to €112,252
- Purchases and services -€172,445
down €172,445 (-60.8%), from €283,682 to €111,237
- Other operating charges -€9,255
down €9,255 (-88.4%), from €10,470 to €1,215
- Taxes -€5,333
no longer reported in 2024 (was €5,333)
- Gross operating margin -€4,899
down €4,899 (-70.3%), from €6,968 to €2,069
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 | €44,369 | €44,296 | -€73 | -0.2% |
| Fixed assets | 21/28 | €2,771 | €1,981 | -€790 | -28.5% |
| Tangible fixed assets | 22/27 | €2,771 | €1,981 | -€790 | -28.5% |
| Plant, machinery and equipment | 23 | €2,771 | €1,981 | -€790 | -28.5% |
| Current assets | 29/58 | €41,598 | €42,315 | +€717 | +1.7% |
| Amounts receivable within one year | 40/41 | €39,839 | €22,476 | -€17,363 | -43.6% |
| Trade receivables | 40 | €25,996 | €22,168 | -€3,828 | -14.7% |
| Other amounts receivable | 41 | €13,843 | €308 | -€13,535 | -97.8% |
| Cash at bank and in hand | 54/58 | €1,759 | €18,732 | +€16,973 | +964.9% |
| Deferred charges and accrued income | 490/1 | - | €1,107 | +€1,107 | |
| Total equity and liabilities | 10/49 | €44,369 | €44,296 | -€73 | -0.2% |
| Equity | 10/15 | -€1,780 | -€2,503 | -€723 | -40.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €311 | €311 | = | 0.0% |
| Non-distributable reserves | 130/1 | €311 | €311 | = | 0.0% |
| Reserves not available under the articles | 1311 | €311 | €311 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,491 | -€15,214 | -€723 | -5.0% |
| Amounts payable | 17/49 | €46,149 | €46,799 | +€650 | +1.4% |
| Amounts payable within one year | 42/48 | €46,149 | €46,799 | +€650 | +1.4% |
| Trade debts | 44 | €30,566 | €27,865 | -€2,701 | -8.8% |
| Suppliers | 440/4 | €30,566 | €27,865 | -€2,701 | -8.8% |
| Taxes, remuneration and social security | 45 | €9,425 | €18,225 | +€8,800 | +93.4% |
| Taxes | 450/3 | - | €8,800 | +€8,800 | |
| Remuneration and social security | 454/9 | €9,425 | €9,425 | = | 0.0% |
| Other amounts payable | 47/48 | €6,158 | €709 | -€5,449 | -88.5% |
| Turnover | 70 | €290,651 | €112,252 | -€178,399 | -61.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €283,682 | €111,237 | -€172,445 | -60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,540 | €1,190 | -€4,350 | -78.5% |
| Other operating charges | 640/8 | €10,470 | €1,215 | -€9,255 | -88.4% |
| Gross operating margin | 9900 | €6,968 | €2,069 | -€4,899 | -70.3% |
| Operating profit (loss) | 9901 | -€9,042 | -€336 | +€8,706 | +96.3% |
| Financial income | 75/76B | €16 | €1 | -€15 | -93.8% |
| Recurring financial income | 75 | €16 | €1 | -€15 | -93.8% |
| Financial charges | 65/66B | €342 | €388 | +€46 | +13.5% |
| Recurring financial charges | 65 | €342 | €388 | +€46 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,368 | -€723 | +€8,645 | +92.3% |
| Income taxes | 67/77 | €5,333 | - | -€5,333 | |
| Profit (loss) for the period | 9904 | -€14,701 | -€723 | +€13,978 | +95.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,701 | -€723 | +€13,978 | +95.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.