ZORG-PASSIE: 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.
ZORG-PASSIE
Largest movements
- Cash +€29,236
up €29,236 (+47.0%), from €62,236 to €91,472
mainly Net result for the year (+€53,230) and Depreciation (+€25,333)
- Tangible fixed assets -€25,333
down €25,333 (-9.6%), from €265,005 to €239,672
- Receivables within one year +€17,260
up €17,260 (+126%), from €13,673 to €30,933
of which Other amounts receivable: +€17,260
- Reserves +€53,230
up €53,230 (+39.9%), from €133,279 to €186,509
- Debts after one year -€27,866
down €27,866 (-14.5%), from €192,056 to €164,191
- Gross operating margin +€50,150
up €50,150 (+84.8%), from €59,169 to €109,319
- Taxes +€16,222
up €16,222 (+340%), from €4,767 to €20,988
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 | €359,282 | €383,534 | +€24,252 | +6.8% |
| Fixed assets | 21/28 | €265,005 | €239,672 | -€25,333 | -9.6% |
| Tangible fixed assets | 22/27 | €265,005 | €239,672 | -€25,333 | -9.6% |
| Land and buildings | 22 | €208,692 | €198,574 | -€10,118 | -4.8% |
| Plant, machinery and equipment | 23 | €6,269 | €3,643 | -€2,627 | -41.9% |
| Leasing and similar rights | 25 | €50,043 | €37,454 | -€12,588 | -25.2% |
| Current assets | 29/58 | €94,277 | €143,862 | +€49,585 | +52.6% |
| Amounts receivable within one year | 40/41 | €13,673 | €30,933 | +€17,260 | +126% |
| Trade receivables | 40 | €5,072 | €5,072 | = | 0.0% |
| Other amounts receivable | 41 | €8,601 | €25,860 | +€17,260 | +201% |
| Cash at bank and in hand | 54/58 | €62,236 | €91,472 | +€29,236 | +47.0% |
| Deferred charges and accrued income | 490/1 | €18,368 | €21,457 | +€3,089 | +16.8% |
| Total equity and liabilities | 10/49 | €359,282 | €383,534 | +€24,252 | +6.8% |
| Equity | 10/15 | €136,279 | €189,509 | +€53,230 | +39.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €133,279 | €186,509 | +€53,230 | +39.9% |
| Distributable reserves | 133 | €133,279 | €186,509 | +€53,230 | +39.9% |
| Amounts payable | 17/49 | €223,003 | €194,025 | -€28,978 | -13.0% |
| Amounts payable after more than one year | 17 | €192,056 | €164,191 | -€27,866 | -14.5% |
| Financial debts | 170/4 | €192,056 | €164,191 | -€27,866 | -14.5% |
| Amounts payable within one year | 42/48 | €29,917 | €29,242 | -€675 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €26,769 | €27,866 | +€1,097 | +4.1% |
| Trade debts | 44 | €147 | €388 | +€241 | +164% |
| Suppliers | 440/4 | €147 | €388 | +€241 | +164% |
| Taxes, remuneration and social security | 45 | €3,000 | €988 | -€2,012 | -67.1% |
| Taxes | 450/3 | €3,000 | €988 | -€2,012 | -67.1% |
| Accrued charges and deferred income | 492/3 | €1,030 | €592 | -€438 | -42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,485 | €25,333 | -€152 | -0.6% |
| Other operating charges | 640/8 | €1,147 | €1,495 | +€348 | +30.4% |
| Gross operating margin | 9900 | €59,169 | €109,319 | +€50,150 | +84.8% |
| Operating profit (loss) | 9901 | €32,537 | €82,491 | +€49,953 | +154% |
| Financial income | 75/76B | €98 | €695 | +€598 | +613% |
| Recurring financial income | 75 | €98 | €695 | +€598 | +613% |
| Financial charges | 65/66B | €8,309 | €8,967 | +€659 | +7.9% |
| Recurring financial charges | 65 | €8,309 | €8,967 | +€659 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €24,326 | €74,218 | +€49,892 | +205% |
| Income taxes | 67/77 | €4,767 | €20,988 | +€16,222 | +340% |
| Profit (loss) for the period | 9904 | €19,559 | €53,230 | +€33,671 | +172% |
| Profit (loss) for the period to be appropriated | 9905 | €19,559 | €53,230 | +€33,671 | +172% |
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 24 October 2026 via checked.be.