ZARO’S Reports Strong 2025 Financial Results
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VOTOMOS SA, the company behind the natural mineral water brand ZARO’S, released its financial statements for the fiscal year ending 31 December 2025, demonstrating solid operational performance, strengthened liquidity and a notable increase in equity. The company, active in industrial production, commercial distribution and agri livestock operations, continues to operate under the going concern assumption, as confirmed in the auditors’ report.
The 2025 balance sheet shows a significant rise in total assets, reaching €21.22 million, compared to €19.26 million in 2024. This growth reflects ongoing investment in fixed assets, higher inventory levels and a substantial increase in cash reserves. Tangible fixed assets amounted to €9.78 million, while advances and assets under construction rose sharply to €470,559, indicating active capital expenditure.
Current assets also strengthened. Inventories increased to €2.21 million, commercial receivables reached €5.16 million, and cash and cash equivalents more than doubled to €2.16 million, compared to €1.07 million the previous year.
The company’s equity base expanded significantly, closing at €10.18 million, up from €8.34 million in 2024. This improvement is driven both by the year’s profitability and the formation of new reserves. Net profit after tax reached €1.56 million, compared to €919,584 in the previous fiscal year, confirming the company’s upward trajectory.
Net sales for 2025 amounted to €20.76 million, showing a modest increase year on year. Gross profit reached €3.91 million, while earnings before interest and taxes (EBIT) improved to €2.36 million, supported by lower impairment charges and stable operating expenses.
Total liabilities remained broadly stable at €10.83 million, with a slight increase in short term obligations and a reduction in long term debt. VOTOMOS SA maintains a balanced capital structure and sufficient liquidity to support both operational needs and investment plans.
The audit report, issued by Grant Thornton, expresses an unqualified opinion with emphasis of matter, confirming the reliability of the financial statements and the company’s compliance with applicable accounting standards.
With the publication of its 2025 financial results, VOTOMOS SA reaffirms its steady growth, ongoing investment activity and strong position in the bottled water market, continuing to stand as one of Crete’s most dynamic and resilient enterprises.
