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ZORGCONCEPT: what changed

Two fiscal 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.

What changed

ZORGCONCEPT

BE 0433.309.490
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3,503
2024 · -€3,919+€416
Equity
€179,410
2024 · €182,912-€3,503
Cash
€33,383
2024 · €25,546+€7,837
Balance sheet total
€237,717
2024 · €185,217+€52,500

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€32,165

    new in 2025: €32,165

  • Intangible fixed assets +€28,500

    new in 2025: €28,500

  • Financial fixed assets -€25,000

    down €25,000 (-16.1%), from €155,000 to €130,000

  • Deferred charges and accrued income +€8,998

    up €8,998 (+192.6%), from €4,671 to €13,668

  • Cash +€7,837

    up €7,837 (+30.7%), from €25,546 to €33,383

    mainly Trade debts (+€38,920) and Accrued charges and deferred income (+€17,076)

Equity and liabilities
  • Profit (loss) carried forward -€40,590

    no longer reported in 2025 (was €40,590)

  • Trade debts +€38,920

    up €38,920 (+1688.8%), from €2,305 to €41,225

  • Reserves +€37,087

    up €37,087 (+253.0%), from €14,657 to €51,744

    of which Distributable reserves: +€37,087

  • Accrued charges and deferred income +€17,076

    new in 2025: €17,076

Income statement
  • Gross operating margin +€22,662

    up €22,662, from -€8,849 to €13,813

  • Other operating charges +€15,660

    up €15,660 (+2825.3%), from €554 to €16,215

  • Financial income -€6,241

    down €6,241 (-99.9%), from €6,245 to €4

  • Financial charges +€344

    up €344 (+45.1%), from €761 to €1,105

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€3,919
Gross operating margin +€22,662
Other operating charges -€15,660
Financial income -€6,241
Financial charges -€344
Result 2025 -€3,503

Cash bridge derived

cash 2024 to 2025

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.

From operations +€11,337
Investment -€3,500
Financing €0
Cash 2024 €25,546
Net result for the year -€3,503
Receivables within one year -€32,165
Deferred charges and accrued income -€8,998
Trade debts +€38,920
Tax, wage and social debts +€7
Accrued charges and deferred income +€17,076
Investment in fixed assets (net) -€3,500
Cash 2025 €33,383
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €185,217 €237,717 +€52,500 +28.3%
Fixed assets 21/28 €155,000 €158,500 +€3,500 +2.3%
Intangible fixed assets 21 - €28,500 +€28,500
Financial fixed assets 28 €155,000 €130,000 -€25,000 -16.1%
Current assets 29/58 €30,217 €79,217 +€49,000 +162.2%
Amounts receivable within one year 40/41 - €32,165 +€32,165
Trade receivables 40 - €32,165 +€32,165
Cash at bank and in hand 54/58 €25,546 €33,383 +€7,837 +30.7%
Deferred charges and accrued income 490/1 €4,671 €13,668 +€8,998 +192.6%
Total equity and liabilities 10/49 €185,217 €237,717 +€52,500 +28.3%
Equity 10/15 €182,912 €179,410 -€3,503 -1.9%
Contributions 10/11 €127,665 €127,665 = 0.0%
Capital 10 €127,665 €127,665 = 0.0%
Issued capital 100 €127,665 €127,665 = 0.0%
Reserves 13 €14,657 €51,744 +€37,087 +253.0%
Non-distributable reserves 130/1 €12,767 €12,767 = 0.0%
Legal reserve 130 €12,767 €12,767 = 0.0%
Distributable reserves 133 €1,891 €38,978 +€37,087 +1961.4%
Profit (loss) carried forward 14 €40,590 - -€40,590
Amounts payable 17/49 €2,305 €58,307 +€56,002 +2430.1%
Amounts payable within one year 42/48 €2,305 €41,232 +€38,927 +1689.1%
Trade debts 44 €2,305 €41,225 +€38,920 +1688.8%
Suppliers 440/4 €2,305 €41,225 +€38,920 +1688.8%
Taxes, remuneration and social security 45 - €7 +€7
Taxes 450/3 - €7 +€7
Accrued charges and deferred income 492/3 - €17,076 +€17,076
Other operating charges 640/8 €554 €16,215 +€15,660 +2825.3%
Gross operating margin 9900 -€8,849 €13,813 +€22,662
Operating profit (loss) 9901 -€9,403 -€2,402 +€7,001 +74.5%
Financial income 75/76B €6,245 €4 -€6,241 -99.9%
Recurring financial income 75 €6,245 €4 -€6,241 -99.9%
Financial charges 65/66B €761 €1,105 +€344 +45.1%
Recurring financial charges 65 €761 €1,105 +€344 +45.1%
Profit (loss) for the period before taxes 9903 -€3,919 -€3,503 +€416 +10.6%
Profit (loss) for the period 9904 -€3,919 -€3,503 +€416 +10.6%
Profit (loss) for the period to be appropriated 9905 -€3,919 -€3,503 +€416 +10.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.