ZOREC IT SOLUTIONS: 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.
ZOREC IT SOLUTIONS
Largest movements
- Cash -€25,804
down €25,804 (-44.0%), from €58,613 to €32,810
mainly Contributions, distributions and other (-€49,249) and Receivables within one year (-€16,745)
- Receivables within one year +€16,745
up €16,745 (+101%), from €16,635 to €33,380
of which Trade receivables: +€17,027
- Other debts -€14,483
down €14,483 (-22.7%), from €63,891 to €49,408
- Tax, wage and social debts +€3,144
up €3,144 (+29.9%), from €10,525 to €13,669
of which Remuneration and social security: +€2,400
- Trade debts +€2,309
up €2,309 (+931%), from €248 to €2,557
- Gross operating margin -€12,676
down €12,676 (-16.2%), from €78,209 to €65,533
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 | €79,664 | €70,634 | -€9,029 | -11.3% |
| Fixed assets | 21/28 | €2,996 | €2,931 | -€64 | -2.2% |
| Tangible fixed assets | 22/27 | €2,996 | €2,931 | -€64 | -2.2% |
| Furniture and vehicles | 24 | €2,996 | €2,931 | -€64 | -2.2% |
| Current assets | 29/58 | €76,668 | €67,703 | -€8,965 | -11.7% |
| Amounts receivable within one year | 40/41 | €16,635 | €33,380 | +€16,745 | +101% |
| Trade receivables | 40 | €11,872 | €28,899 | +€17,027 | +143% |
| Other amounts receivable | 41 | €4,763 | €4,481 | -€282 | -5.9% |
| Cash at bank and in hand | 54/58 | €58,613 | €32,810 | -€25,804 | -44.0% |
| Deferred charges and accrued income | 490/1 | €1,419 | €1,513 | +€94 | +6.6% |
| Total equity and liabilities | 10/49 | €79,664 | €70,634 | -€9,029 | -11.3% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €74,664 | €65,634 | -€9,029 | -12.1% |
| Amounts payable within one year | 42/48 | €74,664 | €65,634 | -€9,029 | -12.1% |
| Trade debts | 44 | €248 | €2,557 | +€2,309 | +931% |
| Suppliers | 440/4 | €248 | €2,557 | +€2,309 | +931% |
| Taxes, remuneration and social security | 45 | €10,525 | €13,669 | +€3,144 | +29.9% |
| Taxes | 450/3 | €10,525 | €11,269 | +€744 | +7.1% |
| Remuneration and social security | 454/9 | - | €2,400 | +€2,400 | |
| Other amounts payable | 47/48 | €63,891 | €49,408 | -€14,483 | -22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,879 | €1,881 | +€1 | +0.1% |
| Other operating charges | 640/8 | €673 | €816 | +€143 | +21.3% |
| Gross operating margin | 9900 | €78,209 | €65,533 | -€12,676 | -16.2% |
| Operating profit (loss) | 9901 | €75,657 | €62,836 | -€12,821 | -16.9% |
| Financial income | 75/76B | €399 | - | -€399 | |
| Recurring financial income | 75 | €399 | - | -€399 | |
| Financial charges | 65/66B | €258 | €261 | +€3 | +1.0% |
| Recurring financial charges | 65 | €258 | €261 | +€3 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €75,798 | €62,575 | -€13,222 | -17.4% |
| Income taxes | 67/77 | €13,193 | €13,326 | +€133 | +1.0% |
| Profit (loss) for the period | 9904 | €62,605 | €49,249 | -€13,356 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,605 | €49,249 | -€13,356 | -21.3% |
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 13 October 2026 via checked.be.