TC 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.
TC ZORG
Largest movements
- Cash -€20,070
down €20,070 (-50.2%), from €39,951 to €19,880
mainly Tax, wage and social debts (-€14,146) and Other debts (-€12,244)
- Current investments +€11,881
up €11,881 (+225%), from €5,285 to €17,166
- Receivables within one year -€3,068
down €3,068 (-13.8%), from €22,158 to €19,090
of which Trade receivables: -€5,448
- Tax, wage and social debts -€14,146
no longer reported in 2025 (was €14,146)
- Reserves +€13,265
up €13,265 (+38.6%), from €34,380 to €47,645
- Other debts -€12,244
no longer reported in 2025 (was €12,244)
- Trade debts +€1,868
up €1,868 (+115%), from €1,624 to €3,491
- Gross operating margin -€31,813
down €31,813 (-59.1%), from €53,807 to €21,994
- Taxes -€8,664
down €8,664 (-61.3%), from €14,146 to €5,481
- Financial charges -€835
down €835 (-35.6%), from €2,344 to €1,509
- Staff costs -€698
down €698 (-29.6%), from €2,363 to €1,665
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 | €67,393 | €56,136 | -€11,257 | -16.7% |
| Current assets | 29/58 | €67,393 | €56,136 | -€11,257 | -16.7% |
| Amounts receivable within one year | 40/41 | €22,158 | €19,090 | -€3,068 | -13.8% |
| Trade receivables | 40 | €22,158 | €16,709 | -€5,448 | -24.6% |
| Other amounts receivable | 41 | - | €2,381 | +€2,381 | |
| Current investments | 50/53 | €5,285 | €17,166 | +€11,881 | +225% |
| Cash at bank and in hand | 54/58 | €39,951 | €19,880 | -€20,070 | -50.2% |
| Total equity and liabilities | 10/49 | €67,393 | €56,136 | -€11,257 | -16.7% |
| Equity | 10/15 | €39,380 | €52,645 | +€13,265 | +33.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €34,380 | €47,645 | +€13,265 | +38.6% |
| Distributable reserves | 133 | €34,380 | €47,645 | +€13,265 | +38.6% |
| Amounts payable | 17/49 | €28,014 | €3,491 | -€24,522 | -87.5% |
| Amounts payable within one year | 42/48 | €28,014 | €3,491 | -€24,522 | -87.5% |
| Trade debts | 44 | €1,624 | €3,491 | +€1,868 | +115% |
| Suppliers | 440/4 | €1,624 | €3,491 | +€1,868 | +115% |
| Taxes, remuneration and social security | 45 | €14,146 | - | -€14,146 | |
| Taxes | 450/3 | €14,146 | - | -€14,146 | |
| Other amounts payable | 47/48 | €12,244 | - | -€12,244 | |
| Remuneration, social security and pensions | 62 | €2,363 | €1,665 | -€698 | -29.6% |
| Other operating charges | 640/8 | €649 | €284 | -€365 | -56.3% |
| Gross operating margin | 9900 | €53,807 | €21,994 | -€31,813 | -59.1% |
| Operating profit (loss) | 9901 | €50,795 | €20,045 | -€30,750 | -60.5% |
| Financial income | 75/76B | €74 | €210 | +€136 | +183% |
| Recurring financial income | 75 | €74 | €210 | +€136 | +183% |
| Financial charges | 65/66B | €2,344 | €1,509 | -€835 | -35.6% |
| Recurring financial charges | 65 | €2,344 | €1,509 | -€835 | -35.6% |
| Profit (loss) for the period before taxes | 9903 | €48,525 | €18,747 | -€29,779 | -61.4% |
| Income taxes | 67/77 | €14,146 | €5,481 | -€8,664 | -61.3% |
| Profit (loss) for the period | 9904 | €34,380 | €13,265 | -€21,114 | -61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,380 | €13,265 | -€21,114 | -61.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.