ZWEMBADCONSTRUCT: 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.
ZWEMBADCONSTRUCT
Largest movements
- Receivables within one year +€48,035
up €48,035 (+189%), from €25,360 to €73,395
of which Trade receivables: +€24,754
- Tangible fixed assets +€39,826
up €39,826 (+226%), from €17,646 to €57,472
of which Furniture and vehicles: +€45,114
- Cash -€22,303
down €22,303 (-32.3%), from €69,062 to €46,759
mainly Investment in fixed assets (net) (-€50,218) and Receivables within one year (-€48,035)
- Debts after one year +€33,411
new in 2024: €33,411
- Reserves +€11,468
up €11,468 (+7.1%), from €161,332 to €172,801
of which Distributable reserves: +€11,468
- Tax, wage and social debts +€8,773
new in 2024: €8,773
- Current portion of long-term debt +€8,561
new in 2024: €8,561
- Other debts +€2,660
up €2,660 (+634%), from €420 to €3,080
- Gross operating margin -€32,316
down €32,316 (-52.8%), from €61,247 to €28,932
- Taxes -€12,781
down €12,781 (-74.3%), from €17,209 to €4,428
- Depreciation +€4,444
up €4,444 (+74.7%), from €5,948 to €10,392
- Financial charges +€1,247
up €1,247 (+111%), from €1,128 to €2,375
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 | €162,854 | €227,625 | +€64,771 | +39.8% |
| Fixed assets | 21/28 | €17,646 | €57,472 | +€39,826 | +226% |
| Tangible fixed assets | 22/27 | €17,646 | €57,472 | +€39,826 | +226% |
| Plant, machinery and equipment | 23 | €15,964 | €10,676 | -€5,288 | -33.1% |
| Furniture and vehicles | 24 | €1,682 | €46,796 | +€45,114 | +2,682% |
| Current assets | 29/58 | €145,208 | €170,153 | +€24,945 | +17.2% |
| Stocks and contracts in progress | 3 | €50,000 | €50,000 | = | 0.0% |
| Stocks | 30/36 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,360 | €73,395 | +€48,035 | +189% |
| Trade receivables | 40 | €6,385 | €31,140 | +€24,754 | +388% |
| Other amounts receivable | 41 | €18,975 | €42,255 | +€23,280 | +123% |
| Cash at bank and in hand | 54/58 | €69,062 | €46,759 | -€22,303 | -32.3% |
| Deferred charges and accrued income | 490/1 | €787 | €0 | -€787 | -100% |
| Total equity and liabilities | 10/49 | €162,854 | €227,625 | +€64,771 | +39.8% |
| Equity | 10/15 | €162,332 | €173,801 | +€11,468 | +7.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €161,332 | €172,801 | +€11,468 | +7.1% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €161,232 | €172,701 | +€11,468 | +7.1% |
| Amounts payable | 17/49 | €522 | €53,825 | +€53,303 | +10,213% |
| Amounts payable after more than one year | 17 | - | €33,411 | +€33,411 | |
| Financial debts | 170/4 | - | €33,411 | +€33,411 | |
| Amounts payable within one year | 42/48 | €522 | €20,414 | +€19,892 | +3,811% |
| Current portion of amounts payable after more than one year | 42 | - | €8,561 | +€8,561 | |
| Trade debts | 44 | €102 | €0 | -€102 | -100% |
| Suppliers | 440/4 | €102 | €0 | -€102 | -100% |
| Taxes, remuneration and social security | 45 | - | €8,773 | +€8,773 | |
| Taxes | 450/3 | - | €8,773 | +€8,773 | |
| Other amounts payable | 47/48 | €420 | €3,080 | +€2,660 | +634% |
| Non-recurring operating income | 76A | - | €282 | +€282 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,948 | €10,392 | +€4,444 | +74.7% |
| Other operating charges | 640/8 | €164 | €268 | +€104 | +63.4% |
| Gross operating margin | 9900 | €61,247 | €28,932 | -€32,316 | -52.8% |
| Operating profit (loss) | 9901 | €55,135 | €18,271 | -€36,864 | -66.9% |
| Financial charges | 65/66B | €1,128 | €2,375 | +€1,247 | +111% |
| Recurring financial charges | 65 | €1,128 | €2,375 | +€1,247 | +111% |
| Profit (loss) for the period before taxes | 9903 | €54,007 | €15,896 | -€38,111 | -70.6% |
| Income taxes | 67/77 | €17,209 | €4,428 | -€12,781 | -74.3% |
| Profit (loss) for the period | 9904 | €36,798 | €11,468 | -€25,330 | -68.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,798 | €11,468 | -€25,330 | -68.8% |
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 13 October 2026 via checked.be.