ZZ CONSTRUCT: 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.
ZZ CONSTRUCT
Largest movements
- Receivables within one year +€28,042
up €28,042 (+351.1%), from €7,987 to €36,029
of which Trade receivables: +€14,976
- Cash +€16,741
up €16,741 (+33.2%), from €50,365 to €67,106
mainly Net result for the year (+€22,035) and Trade debts (+€15,932)
- Tangible fixed assets +€5,456
new in 2022: €5,456
- Profit (loss) carried forward +€22,036
up €22,036 (+72.1%), from €30,545 to €52,581
- Trade debts +€15,932
up €15,932 (+2066.4%), from €771 to €16,703
- Tax, wage and social debts +€11,821
up €11,821 (+94.7%), from €12,486 to €24,307
of which Taxes: +€7,513
- Turnover +€112,030
up €112,030 (+79.4%), from €141,031 to €253,061
- Purchases and services +€81,715
up €81,715 (+80.6%), from €101,412 to €183,127
- Gross operating margin +€30,313
up €30,313 (+76.5%), from €39,621 to €69,934
- Staff costs +€12,260
up €12,260 (+56.9%), from €21,531 to €33,791
- Taxes +€7,860
up €7,860 (+245.5%), from €3,201 to €11,061
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,352 | €108,591 | +€50,239 | +86.1% |
| Fixed assets | 21/28 | - | €5,456 | +€5,456 | |
| Tangible fixed assets | 22/27 | - | €5,456 | +€5,456 | |
| Furniture and vehicles | 24 | - | €5,456 | +€5,456 | |
| Current assets | 29/58 | €58,352 | €103,135 | +€44,783 | +76.7% |
| Amounts receivable within one year | 40/41 | €7,987 | €36,029 | +€28,042 | +351.1% |
| Trade receivables | 40 | - | €14,976 | +€14,976 | |
| Other amounts receivable | 41 | €7,987 | €21,053 | +€13,066 | +163.6% |
| Cash at bank and in hand | 54/58 | €50,365 | €67,106 | +€16,741 | +33.2% |
| Total equity and liabilities | 10/49 | €58,352 | €108,591 | +€50,239 | +86.1% |
| Equity | 10/15 | €30,545 | €52,581 | +€22,036 | +72.1% |
| Profit (loss) carried forward | 14 | €30,545 | €52,581 | +€22,036 | +72.1% |
| Amounts payable | 17/49 | €27,807 | €56,010 | +€28,203 | +101.4% |
| Amounts payable within one year | 42/48 | €27,807 | €56,010 | +€28,203 | +101.4% |
| Trade debts | 44 | €771 | €16,703 | +€15,932 | +2066.4% |
| Suppliers | 440/4 | €771 | €16,703 | +€15,932 | +2066.4% |
| Taxes, remuneration and social security | 45 | €12,486 | €24,307 | +€11,821 | +94.7% |
| Taxes | 450/3 | - | €7,513 | +€7,513 | |
| Remuneration and social security | 454/9 | €12,486 | €16,794 | +€4,308 | +34.5% |
| Other amounts payable | 47/48 | €14,550 | €15,000 | +€450 | +3.1% |
| Turnover | 70 | €141,031 | €253,061 | +€112,030 | +79.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €101,412 | €183,127 | +€81,715 | +80.6% |
| Remuneration, social security and pensions | 62 | €21,531 | €33,791 | +€12,260 | +56.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,044 | +€1,044 | |
| Other operating charges | 640/8 | €347 | €313 | -€34 | -9.8% |
| Gross operating margin | 9900 | €39,621 | €69,934 | +€30,313 | +76.5% |
| Operating profit (loss) | 9901 | €17,743 | €34,786 | +€17,043 | +96.1% |
| Financial charges | 65/66B | - | €1,690 | +€1,690 | |
| Recurring financial charges | 65 | - | €1,690 | +€1,690 | |
| Profit (loss) for the period before taxes | 9903 | €17,743 | €33,096 | +€15,353 | +86.5% |
| Income taxes | 67/77 | €3,201 | €11,061 | +€7,860 | +245.5% |
| Profit (loss) for the period | 9904 | €14,542 | €22,035 | +€7,493 | +51.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,542 | €22,035 | +€7,493 | +51.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.