AL ZIR: what changed
AL ZIR
Largest movements
- Tangible fixed assets +€43,878
up €43,878 (+238%), from €18,407 to €62,285
- Receivables within one year -€16,076
down €16,076 (-71.7%), from €22,425 to €6,348
of which Trade receivables: -€17,137
- Cash +€3,049
up €3,049 (+190%), from €1,604 to €4,653
mainly Trade debts (+€37,587) and Receivables within one year (+€16,076)
- Trade debts +€37,587
up €37,587 (+333%), from €11,276 to €48,863
- Profit (loss) carried forward -€9,575
down €9,575, from €8,117 to -€1,458
- Tax, wage and social debts +€2,939
up €2,939 (+96.6%), from €3,042 to €5,981
of which Remuneration and social security: +€3,073
- Purchases and services +€34,700
up €34,700 (+61.3%), from €56,639 to €91,339
- Turnover +€26,217
up €26,217 (+35.7%), from €73,393 to €99,610
- Staff costs +€13,846
new in 2025: €13,846
- Gross operating margin -€5,963
down €5,963 (-35.6%), from €16,754 to €10,790
- Taxes -€2,045
no longer reported in 2025 (was €2,045)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,436 | €73,387 | +€30,951 | +72.9% |
| Fixed assets | 21/28 | €18,407 | €62,385 | +€43,978 | +239% |
| Tangible fixed assets | 22/27 | €18,407 | €62,285 | +€43,878 | +238% |
| Furniture and vehicles | 24 | €18,407 | €62,285 | +€43,878 | +238% |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €24,029 | €11,002 | -€13,027 | -54.2% |
| Amounts receivable within one year | 40/41 | €22,425 | €6,348 | -€16,076 | -71.7% |
| Trade receivables | 40 | €18,533 | €1,397 | -€17,137 | -92.5% |
| Other amounts receivable | 41 | €3,891 | €4,952 | +€1,060 | +27.3% |
| Cash at bank and in hand | 54/58 | €1,604 | €4,653 | +€3,049 | +190% |
| Total equity and liabilities | 10/49 | €42,436 | €73,387 | +€30,951 | +72.9% |
| Equity | 10/15 | €28,117 | €18,542 | -€9,575 | -34.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,117 | -€1,458 | -€9,575 | |
| Amounts payable | 17/49 | €14,318 | €54,844 | +€40,526 | +283% |
| Amounts payable within one year | 42/48 | €14,318 | €54,844 | +€40,526 | +283% |
| Trade debts | 44 | €11,276 | €48,863 | +€37,587 | +333% |
| Suppliers | 440/4 | €11,276 | €48,863 | +€37,587 | +333% |
| Taxes, remuneration and social security | 45 | €3,042 | €5,981 | +€2,939 | +96.6% |
| Taxes | 450/3 | €3,042 | €2,909 | -€133 | -4.4% |
| Remuneration and social security | 454/9 | - | €3,073 | +€3,073 | |
| Turnover | 70 | €73,393 | €99,610 | +€26,217 | +35.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €56,639 | €91,339 | +€34,700 | +61.3% |
| Remuneration, social security and pensions | 62 | - | €13,846 | +€13,846 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,809 | €6,238 | +€428 | +7.4% |
| Other operating charges | 640/8 | €973 | €300 | -€673 | -69.1% |
| Gross operating margin | 9900 | €16,754 | €10,790 | -€5,963 | -35.6% |
| Operating profit (loss) | 9901 | €9,972 | -€9,593 | -€19,565 | |
| Financial income | 75/76B | €232 | €177 | -€55 | -23.6% |
| Recurring financial income | 75 | €232 | €177 | -€55 | -23.6% |
| Financial charges | 65/66B | €41 | €159 | +€118 | +284% |
| Recurring financial charges | 65 | €41 | €159 | +€118 | +284% |
| Profit (loss) for the period before taxes | 9903 | €10,162 | -€9,575 | -€19,737 | |
| Income taxes | 67/77 | €2,045 | - | -€2,045 | |
| Profit (loss) for the period | 9904 | €8,117 | -€9,575 | -€17,692 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,117 | -€9,575 | -€17,692 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.