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ZVAN PRO: 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.

What changed

ZVAN PRO

BE 0754.455.607
NACE 43.320, Joinery installation
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€59,228
2023 · €15,542+€43,686
Equity
€73,770
2023 · €14,542+€59,228
Cash
€39,708
2023 · €2,461+€37,247
Balance sheet total
€111,888
2023 · €90,656+€21,232

Largest movements

2023 to 2024
Assets
  • Cash +€37,247

    up €37,247 (+1513.7%), from €2,461 to €39,708

    mainly Net result for the year (+€59,228) and Tax, wage and social debts (+€21,678)

  • Receivables within one year -€19,721

    down €19,721 (-22.4%), from €88,195 to €68,473

    of which Trade receivables: -€37,612

  • Tangible fixed assets +€3,706

    new in 2024: €3,706

Equity and liabilities
  • Trade debts -€59,674

    down €59,674 (-82.0%), from €72,778 to €13,104

    of which Bills of exchange payable: -€43,909

  • Profit (loss) carried forward +€59,228

    up €59,228 (+443.9%), from €13,342 to €72,570

  • Tax, wage and social debts +€21,678

    up €21,678 (+649.9%), from €3,336 to €25,013

Income statement
  • Turnover -€198,646

    no longer reported in 2024 (was €198,646)

  • Purchases and services -€179,466

    no longer reported in 2024 (was €179,466)

  • Gross operating margin +€63,112

    up €63,112 (+329.1%), from €19,180 to €82,292

  • Taxes +€18,342

    up €18,342 (+549.9%), from €3,336 to €21,678

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €15,542
Gross operating margin +€63,112
Staff costs -€348
Depreciation -€437
Other operating charges -€250
Financial income +€1
Financial charges -€49
Taxes -€18,342
Result 2024 €59,228

Cash bridge derived

cash 2023 to 2024

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.

From operations +€41,391
Investment -€4,143
Financing €0
Cash 2023 €2,461
Net result for the year +€59,228
Depreciation +€437
Receivables within one year +€19,721
Trade debts -€59,674
Tax, wage and social debts +€21,678
Investment in fixed assets (net) -€4,143
Cash 2024 €39,708
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €90,656 €111,888 +€21,232 +23.4%
Fixed assets 21/28 - €3,706 +€3,706
Tangible fixed assets 22/27 - €3,706 +€3,706
Furniture and vehicles 24 - €3,706 +€3,706
Current assets 29/58 €90,656 €108,181 +€17,526 +19.3%
Amounts receivable within one year 40/41 €88,195 €68,473 -€19,721 -22.4%
Trade receivables 40 €76,891 €39,279 -€37,612 -48.9%
Other amounts receivable 41 €11,304 €29,195 +€17,891 +158.3%
Cash at bank and in hand 54/58 €2,461 €39,708 +€37,247 +1513.7%
Total equity and liabilities 10/49 €90,656 €111,888 +€21,232 +23.4%
Equity 10/15 €14,542 €73,770 +€59,228 +407.3%
Contributions 10/11 €1,200 €1,200 = 0.0%
Profit (loss) carried forward 14 €13,342 €72,570 +€59,228 +443.9%
Amounts payable 17/49 €76,113 €38,117 -€37,996 -49.9%
Amounts payable within one year 42/48 €76,113 €38,117 -€37,996 -49.9%
Trade debts 44 €72,778 €13,104 -€59,674 -82.0%
Suppliers 440/4 €24,938 €9,173 -€15,765 -63.2%
Bills of exchange payable 441 €47,840 €3,931 -€43,909 -91.8%
Taxes, remuneration and social security 45 €3,336 €25,013 +€21,678 +649.9%
Taxes 450/3 €3,336 €25,013 +€21,678 +649.9%
Turnover 70 €198,646 - -€198,646
Goods, raw materials, services and sundry goods 60/61 €179,466 - -€179,466
Remuneration, social security and pensions 62 €256 €605 +€348 +136.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €437 +€437
Other operating charges 640/8 - €250 +€250
Gross operating margin 9900 €19,180 €82,292 +€63,112 +329.1%
Operating profit (loss) 9901 €18,924 €81,000 +€62,076 +328.0%
Financial income 75/76B - €1 +€1
Recurring financial income 75 - €1 +€1
Financial charges 65/66B €46 €95 +€49 +107.5%
Recurring financial charges 65 €46 €95 +€49 +107.5%
Profit (loss) for the period before taxes 9903 €18,878 €80,906 +€62,028 +328.6%
Income taxes 67/77 €3,336 €21,678 +€18,342 +549.9%
Profit (loss) for the period 9904 €15,542 €59,228 +€43,686 +281.1%
Profit (loss) for the period to be appropriated 9905 €15,542 €59,228 +€43,686 +281.1%

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.