NH 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.
NH ZORG
Largest movements
- Financial fixed assets +€30,000
new in 2025: €30,000
- Tangible fixed assets -€22,681
down €22,681 (-25.6%), from €88,442 to €65,761
- Receivables within one year +€8,907
up €8,907 (+11,180%), from €80 to €8,987
of which Trade receivables: +€8,907
- Cash -€7,646
down €7,646 (-57.0%), from €13,412 to €5,767
mainly Net result for the year (-€32,007) and Investment in fixed assets (net) (-€30,000)
- Debts after one year +€43,352
up €43,352 (+95.5%), from €45,400 to €88,752
- Profit (loss) carried forward -€32,007
down €32,007, from €89 to -€31,918
- Other debts -€17,941
no longer reported in 2025 (was €17,941)
- Current portion of long-term debt +€11,735
up €11,735 (+115%), from €10,238 to €21,973
- Tax, wage and social debts +€3,442
up €3,442 (+56.8%), from €6,065 to €9,507
of which Remuneration and social security: +€2,847
- Purchases and services +€30,568
up €30,568 (+30.4%), from €100,478 to €131,046
- Gross operating margin -€23,520
down €23,520, from €17,462 to -€6,058
- Turnover +€7,049
up €7,049 (+6.0%), from €117,940 to €124,989
- Depreciation +€5,719
up €5,719 (+33.7%), from €16,962 to €22,681
- Financial charges +€1,937
up €1,937 (+562%), from €345 to €2,281
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 | €101,933 | €110,515 | +€8,581 | +8.4% |
| Fixed assets | 21/28 | €88,442 | €95,761 | +€7,319 | +8.3% |
| Tangible fixed assets | 22/27 | €88,442 | €65,761 | -€22,681 | -25.6% |
| Furniture and vehicles | 24 | €88,442 | €65,761 | -€22,681 | -25.6% |
| Financial fixed assets | 28 | - | €30,000 | +€30,000 | |
| Current assets | 29/58 | €13,492 | €14,754 | +€1,262 | +9.4% |
| Amounts receivable within one year | 40/41 | €80 | €8,987 | +€8,907 | +11,180% |
| Trade receivables | 40 | - | €8,907 | +€8,907 | |
| Other amounts receivable | 41 | €80 | €80 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,412 | €5,767 | -€7,646 | -57.0% |
| Total equity and liabilities | 10/49 | €101,933 | €110,515 | +€8,581 | +8.4% |
| Equity | 10/15 | €22,289 | -€9,718 | -€32,007 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €20,200 | €20,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89 | -€31,918 | -€32,007 | |
| Amounts payable | 17/49 | €79,644 | €120,233 | +€40,588 | +51.0% |
| Amounts payable after more than one year | 17 | €45,400 | €88,752 | +€43,352 | +95.5% |
| Financial debts | 170/4 | €45,400 | €88,752 | +€43,352 | +95.5% |
| Amounts payable within one year | 42/48 | €34,244 | €31,481 | -€2,763 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €10,238 | €21,973 | +€11,735 | +115% |
| Taxes, remuneration and social security | 45 | €6,065 | €9,507 | +€3,442 | +56.8% |
| Taxes | 450/3 | €3,886 | €4,481 | +€595 | +15.3% |
| Remuneration and social security | 454/9 | €2,179 | €5,026 | +€2,847 | +131% |
| Other amounts payable | 47/48 | €17,941 | - | -€17,941 | |
| Turnover | 70 | €117,940 | €124,989 | +€7,049 | +6.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €100,478 | €131,046 | +€30,568 | +30.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,962 | €22,681 | +€5,719 | +33.7% |
| Other operating charges | 640/8 | €316 | €988 | +€672 | +213% |
| Gross operating margin | 9900 | €17,462 | -€6,058 | -€23,520 | |
| Operating profit (loss) | 9901 | €185 | -€29,726 | -€29,910 | |
| Financial charges | 65/66B | €345 | €2,281 | +€1,937 | +562% |
| Recurring financial charges | 65 | €345 | €2,281 | +€1,937 | +562% |
| Profit (loss) for the period before taxes | 9903 | -€160 | -€32,007 | -€31,847 | -19,894% |
| Profit (loss) for the period | 9904 | -€160 | -€32,007 | -€31,847 | -19,894% |
| Profit (loss) for the period to be appropriated | 9905 | -€160 | -€32,007 | -€31,847 | -19,894% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.