ZORGONLINE: 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.
ZORGONLINE
Largest movements
- Cash +€159,862
up €159,862 (+81.2%), from €196,857 to €356,719
mainly Net result for the year (+€149,305) and Investment in fixed assets (net) (+€10,340)
- Receivables within one year +€18,204
up €18,204 (+39.4%), from €46,190 to €64,394
of which Trade receivables: +€11,389
- Tangible fixed assets -€13,816
down €13,816 (-70.1%), from €19,718 to €5,901
of which Furniture and vehicles: -€13,575
- Reserves +€149,305
up €149,305 (+64.6%), from €231,000 to €380,305
of which Distributable reserves: +€149,305
- Tax, wage and social debts +€5,482
up €5,482 (+13.6%), from €40,355 to €45,837
of which Taxes: +€13,828
- Gross operating margin -€40,281
down €40,281 (-12.4%), from €324,177 to €283,896
- Staff costs -€16,545
down €16,545 (-21.6%), from €76,431 to €59,887
- Depreciation -€3,550
down €3,550 (-37.3%), from €9,526 to €5,976
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 | €278,684 | €437,519 | +€158,835 | +57.0% |
| Fixed assets | 21/28 | €32,218 | €15,901 | -€16,316 | -50.6% |
| Intangible fixed assets | 21 | €12,500 | €10,000 | -€2,500 | -20.0% |
| Tangible fixed assets | 22/27 | €19,718 | €5,901 | -€13,816 | -70.1% |
| Plant, machinery and equipment | 23 | €5,632 | €5,391 | -€241 | -4.3% |
| Furniture and vehicles | 24 | €14,086 | €511 | -€13,575 | -96.4% |
| Current assets | 29/58 | €246,467 | €421,618 | +€175,151 | +71.1% |
| Amounts receivable within one year | 40/41 | €46,190 | €64,394 | +€18,204 | +39.4% |
| Trade receivables | 40 | €45,091 | €56,480 | +€11,389 | +25.3% |
| Other amounts receivable | 41 | €1,099 | €7,914 | +€6,815 | +620% |
| Cash at bank and in hand | 54/58 | €196,857 | €356,719 | +€159,862 | +81.2% |
| Deferred charges and accrued income | 490/1 | €3,420 | €505 | -€2,915 | -85.2% |
| Total equity and liabilities | 10/49 | €278,684 | €437,519 | +€158,835 | +57.0% |
| Equity | 10/15 | €237,200 | €386,505 | +€149,305 | +62.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €231,000 | €380,305 | +€149,305 | +64.6% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €229,145 | €378,450 | +€149,305 | +65.2% |
| Amounts payable | 17/49 | €41,484 | €51,014 | +€9,530 | +23.0% |
| Amounts payable within one year | 42/48 | €41,484 | €51,014 | +€9,530 | +23.0% |
| Trade debts | 44 | €1,129 | €5,177 | +€4,048 | +358% |
| Suppliers | 440/4 | €1,129 | €5,177 | +€4,048 | +358% |
| Taxes, remuneration and social security | 45 | €40,355 | €45,837 | +€5,482 | +13.6% |
| Taxes | 450/3 | €28,673 | €42,501 | +€13,828 | +48.2% |
| Remuneration and social security | 454/9 | €11,682 | €3,336 | -€8,346 | -71.4% |
| Non-recurring operating income | 76A | €37,190 | €2,665 | -€34,525 | -92.8% |
| Remuneration, social security and pensions | 62 | €76,431 | €59,887 | -€16,545 | -21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,526 | €5,976 | -€3,550 | -37.3% |
| Other operating charges | 640/8 | €8,529 | €8,928 | +€400 | +4.7% |
| Non-recurring operating charges | 66A | - | €3,305 | +€3,305 | |
| Gross operating margin | 9900 | €324,177 | €283,896 | -€40,281 | -12.4% |
| Operating profit (loss) | 9901 | €229,691 | €205,800 | -€23,891 | -10.4% |
| Financial charges | 65/66B | €916 | €1,494 | +€578 | +63.1% |
| Recurring financial charges | 65 | €916 | €1,494 | +€578 | +63.1% |
| Profit (loss) for the period before taxes | 9903 | €228,775 | €204,306 | -€24,469 | -10.7% |
| Income taxes | 67/77 | €55,528 | €55,001 | -€527 | -0.9% |
| Profit (loss) for the period | 9904 | €173,247 | €149,305 | -€23,943 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €173,247 | €149,305 | -€23,943 | -13.8% |
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 18 October 2026 via checked.be.