Zwocom: 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.
Zwocom
Largest movements
- Cash -€20,769
down €20,769 (-96.7%), from €21,467 to €698
mainly Net result for the year (-€27,368) and Tax, wage and social debts (-€26,484)
- Tangible fixed assets -€2,289
down €2,289 (-28.5%), from €8,023 to €5,734
of which Furniture and vehicles: -€1,847
- Receivables within one year +€1,450
up €1,450 (+3.1%), from €47,432 to €48,882
of which Other amounts receivable: +€1,450
- Other debts +€30,164
new in 2024: €30,164
- Profit (loss) carried forward -€27,368
down €27,368 (-219%), from -€12,516 to -€39,884
- Tax, wage and social debts -€26,484
down €26,484 (-81.2%), from €32,609 to €6,125
- Trade debts +€1,495
up €1,495 (+9.7%), from €15,391 to €16,886
- Gross operating margin -€10,652
down €10,652 (-260%), from -€4,104 to -€14,755
- Financial charges +€3,418
up €3,418 (+99.8%), from €3,425 to €6,843
- Taxes -€2,435
down €2,435 (-78.5%), from €3,101 to €666
- Other operating charges +€2,417
up €2,417 (+82.6%), from €2,925 to €5,342
- Financial income -€1,085
down €1,085 (-30.0%), from €3,612 to €2,528
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 | €128,495 | €106,302 | -€22,193 | -17.3% |
| Fixed assets | 21/28 | €58,023 | €55,734 | -€2,289 | -3.9% |
| Tangible fixed assets | 22/27 | €8,023 | €5,734 | -€2,289 | -28.5% |
| Land and buildings | 22 | €3,400 | €2,958 | -€442 | -13.0% |
| Furniture and vehicles | 24 | €4,623 | €2,775 | -€1,847 | -40.0% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €70,473 | €50,569 | -€19,904 | -28.2% |
| Amounts receivable within one year | 40/41 | €47,432 | €48,882 | +€1,450 | +3.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €47,432 | €48,882 | +€1,450 | +3.1% |
| Cash at bank and in hand | 54/58 | €21,467 | €698 | -€20,769 | -96.7% |
| Deferred charges and accrued income | 490/1 | €1,573 | €988 | -€585 | -37.2% |
| Total equity and liabilities | 10/49 | €128,495 | €106,302 | -€22,193 | -17.3% |
| Equity | 10/15 | €80,496 | €53,127 | -€27,368 | -34.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €90,512 | €90,512 | = | 0.0% |
| Distributable reserves | 133 | €90,512 | €90,512 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,516 | -€39,884 | -€27,368 | -219% |
| Amounts payable | 17/49 | €48,000 | €53,175 | +€5,175 | +10.8% |
| Amounts payable within one year | 42/48 | €48,000 | €53,175 | +€5,175 | +10.8% |
| Trade debts | 44 | €15,391 | €16,886 | +€1,495 | +9.7% |
| Suppliers | 440/4 | €15,391 | €16,886 | +€1,495 | +9.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €32,609 | €6,125 | -€26,484 | -81.2% |
| Taxes | 450/3 | €32,609 | €6,125 | -€26,484 | -81.2% |
| Other amounts payable | 47/48 | - | €30,164 | +€30,164 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,574 | €2,289 | -€284 | -11.1% |
| Other operating charges | 640/8 | €2,925 | €5,342 | +€2,417 | +82.6% |
| Gross operating margin | 9900 | -€4,104 | -€14,755 | -€10,652 | -260% |
| Operating profit (loss) | 9901 | -€9,602 | -€22,387 | -€12,784 | -133% |
| Financial income | 75/76B | €3,612 | €2,528 | -€1,085 | -30.0% |
| Recurring financial income | 75 | €3,612 | €2,528 | -€1,085 | -30.0% |
| Financial charges | 65/66B | €3,425 | €6,843 | +€3,418 | +99.8% |
| Recurring financial charges | 65 | €3,425 | €6,843 | +€3,418 | +99.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,414 | -€26,702 | -€17,288 | -184% |
| Income taxes | 67/77 | €3,101 | €666 | -€2,435 | -78.5% |
| Profit (loss) for the period | 9904 | -€12,516 | -€27,368 | -€14,852 | -119% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,516 | -€27,368 | -€14,852 | -119% |
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 20 October 2026 via checked.be.