AY/ ZORG: 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.
AY/ ZORG
Largest movements
- Receivables within one year -€31,857
down €31,857 (-91.4%), from €34,840 to €2,983
of which Other amounts receivable: -€18,197
- Financial fixed assets -€25,677
down €25,677 (-54.6%), from €47,000 to €21,323
- Tangible fixed assets -€17,954
down €17,954 (-6.6%), from €270,322 to €252,369
of which Land and buildings: -€9,375
- Debts after one year -€29,677
down €29,677 (-24.6%), from €120,547 to €90,870
- Reserves -€16,528
down €16,528 (-7.0%), from €236,675 to €220,147
of which Distributable reserves: -€16,528
- Trade debts -€16,075
down €16,075 (-81.7%), from €19,667 to €3,592
- Current portion of long-term debt -€7,956
down €7,956 (-21.1%), from €37,634 to €29,677
- Gross operating margin -€74,693
down €74,693 (-38.2%), from €195,721 to €121,028
- Taxes -€21,996
down €21,996 (-84.8%), from €25,924 to €3,928
- Depreciation -€8,260
down €8,260 (-22.2%), from €37,149 to €28,889
- Staff costs +€2,805
up €2,805 (+3.5%), from €81,058 to €83,863
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €445,887 | €370,597 | -€75,290 | -16.9% |
| Fixed assets | 21/28 | €317,322 | €274,510 | -€42,813 | -13.5% |
| Intangible fixed assets | 21 | €0 | €817 | +€817 | |
| Tangible fixed assets | 22/27 | €270,322 | €252,369 | -€17,954 | -6.6% |
| Land and buildings | 22 | €128,528 | €119,153 | -€9,375 | -7.3% |
| Plant, machinery and equipment | 23 | €3,714 | €2,355 | -€1,360 | -36.6% |
| Furniture and vehicles | 24 | €138,080 | €130,861 | -€7,219 | -5.2% |
| Financial fixed assets | 28 | €47,000 | €21,323 | -€25,677 | -54.6% |
| Current assets | 29/58 | €128,565 | €96,087 | -€32,477 | -25.3% |
| Amounts receivable within one year | 40/41 | €34,840 | €2,983 | -€31,857 | -91.4% |
| Trade receivables | 40 | €13,660 | €0 | -€13,660 | -100% |
| Other amounts receivable | 41 | €21,180 | €2,983 | -€18,197 | -85.9% |
| Cash at bank and in hand | 54/58 | €60,877 | €59,430 | -€1,448 | -2.4% |
| Deferred charges and accrued income | 490/1 | €32,847 | €33,674 | +€827 | +2.5% |
| Total equity and liabilities | 10/49 | €445,887 | €370,597 | -€75,290 | -16.9% |
| Equity | 10/15 | €249,075 | €229,600 | -€19,476 | -7.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €236,675 | €220,147 | -€16,528 | -7.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €236,675 | €220,147 | -€16,528 | -7.0% |
| Profit (loss) carried forward | 14 | €0 | -€2,947 | -€2,947 | |
| Amounts payable | 17/49 | €196,812 | €140,997 | -€55,815 | -28.4% |
| Amounts payable after more than one year | 17 | €120,547 | €90,870 | -€29,677 | -24.6% |
| Financial debts | 170/4 | €120,547 | €90,870 | -€29,677 | -24.6% |
| Amounts payable within one year | 42/48 | €76,265 | €50,127 | -€26,137 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | €37,634 | €29,677 | -€7,956 | -21.1% |
| Trade debts | 44 | €19,667 | €3,592 | -€16,075 | -81.7% |
| Suppliers | 440/4 | €19,667 | €3,592 | -€16,075 | -81.7% |
| Taxes, remuneration and social security | 45 | €18,964 | €15,419 | -€3,545 | -18.7% |
| Taxes | 450/3 | €10,879 | €1,928 | -€8,951 | -82.3% |
| Remuneration and social security | 454/9 | €8,085 | €13,490 | +€5,405 | +66.9% |
| Other amounts payable | 47/48 | €0 | €1,439 | +€1,439 | |
| Remuneration, social security and pensions | 62 | €81,058 | €83,863 | +€2,805 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,149 | €28,889 | -€8,260 | -22.2% |
| Other operating charges | 640/8 | €3,400 | €3,408 | +€8 | +0.2% |
| Non-recurring operating charges | 66A | €3,583 | €0 | -€3,583 | -100% |
| Gross operating margin | 9900 | €195,721 | €121,028 | -€74,693 | -38.2% |
| Operating profit (loss) | 9901 | €70,531 | €4,868 | -€65,663 | -93.1% |
| Financial income | 75/76B | €2,938 | €2,983 | +€45 | +1.5% |
| Recurring financial income | 75 | €2,938 | €2,983 | +€45 | +1.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €5,497 | €6,871 | +€1,374 | +25.0% |
| Recurring financial charges | 65 | €5,497 | €6,871 | +€1,374 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | €67,973 | €981 | -€66,992 | -98.6% |
| Income taxes | 67/77 | €25,924 | €3,928 | -€21,996 | -84.8% |
| Profit (loss) for the period | 9904 | €42,049 | -€2,947 | -€44,996 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,049 | -€2,947 | -€44,996 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.