ZVUNCA: 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.
ZVUNCA
Largest movements
- Receivables within one year +€55,353
up €55,353 (+63.8%), from €86,698 to €142,051
of which Trade receivables: +€32,959
- Tangible fixed assets +€6,654
up €6,654 (+36.7%), from €18,134 to €24,788
- Cash +€3,034
up €3,034 (+77.2%), from €3,931 to €6,965
mainly Trade debts (+€49,421) and Net result for the year (+€11,422)
- Trade debts +€49,421
up €49,421 (+761%), from €6,491 to €55,912
- Profit (loss) carried forward +€11,422
up €11,422 (+14.3%), from €79,743 to €91,165
- Advances received +€4,215
new in 2024: €4,215
- Turnover -€318,946
no longer reported in 2024 (was €318,946)
- Purchases and services -€231,063
no longer reported in 2024 (was €231,063)
- Gross operating margin -€60,352
down €60,352 (-68.5%), from €88,061 to €27,709
- Taxes -€13,621
down €13,621 (-79.5%), from €17,126 to €3,505
- Depreciation +€9,005
up €9,005 (+461%), from €1,952 to €10,957
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.
Derived cash bridge
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 | €109,350 | €174,913 | +€65,563 | +60.0% |
| Fixed assets | 21/28 | €18,134 | €24,788 | +€6,654 | +36.7% |
| Tangible fixed assets | 22/27 | €18,134 | €24,788 | +€6,654 | +36.7% |
| Furniture and vehicles | 24 | €18,134 | €24,788 | +€6,654 | +36.7% |
| Current assets | 29/58 | €91,215 | €150,125 | +€58,910 | +64.6% |
| Amounts receivable within one year | 40/41 | €86,698 | €142,051 | +€55,353 | +63.8% |
| Trade receivables | 40 | €81,103 | €114,062 | +€32,959 | +40.6% |
| Other amounts receivable | 41 | €5,595 | €27,989 | +€22,394 | +400% |
| Cash at bank and in hand | 54/58 | €3,931 | €6,965 | +€3,034 | +77.2% |
| Deferred charges and accrued income | 490/1 | €587 | €1,109 | +€522 | +89.0% |
| Total equity and liabilities | 10/49 | €109,350 | €174,913 | +€65,563 | +60.0% |
| Equity | 10/15 | €82,743 | €94,165 | +€11,422 | +13.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,743 | €91,165 | +€11,422 | +14.3% |
| Amounts payable | 17/49 | €26,607 | €80,748 | +€54,141 | +203% |
| Amounts payable within one year | 42/48 | €26,607 | €80,748 | +€54,141 | +203% |
| Trade debts | 44 | €6,491 | €55,912 | +€49,421 | +761% |
| Suppliers | 440/4 | €6,491 | €55,912 | +€49,421 | +761% |
| Advances received on contracts in progress | 46 | - | €4,215 | +€4,215 | |
| Taxes, remuneration and social security | 45 | €20,116 | €20,621 | +€505 | +2.5% |
| Taxes | 450/3 | €20,116 | €20,621 | +€505 | +2.5% |
| Turnover | 70 | €318,946 | - | -€318,946 | |
| Goods, raw materials, services and sundry goods | 60/61 | €231,063 | - | -€231,063 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,952 | €10,957 | +€9,005 | +461% |
| Other operating charges | 640/8 | €1,038 | €1,673 | +€635 | +61.2% |
| Gross operating margin | 9900 | €88,061 | €27,709 | -€60,352 | -68.5% |
| Operating profit (loss) | 9901 | €85,070 | €15,079 | -€69,991 | -82.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €12 | €152 | +€140 | +1,216% |
| Recurring financial charges | 65 | €12 | €152 | +€140 | +1,216% |
| Profit (loss) for the period before taxes | 9903 | €85,059 | €14,927 | -€70,132 | -82.5% |
| Income taxes | 67/77 | €17,126 | €3,505 | -€13,621 | -79.5% |
| Profit (loss) for the period | 9904 | €67,933 | €11,422 | -€56,511 | -83.2% |
| Profit (loss) for the period to be appropriated | 9905 | €67,933 | €11,422 | -€56,511 | -83.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.