Zorion: 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.
Zorion
Largest movements
- Financial fixed assets -€74,442
down €74,442 (-51.8%), from €143,799 to €69,357
- Tangible fixed assets +€23,951
up €23,951 (+155%), from €15,436 to €39,387
of which Furniture and vehicles: +€26,184
- Receivables within one year +€20,000
new in 2025: €20,000
- Cash +€6,004
up €6,004 (+9.9%), from €60,861 to €66,866
mainly Investment in fixed assets (net) (+€47,702) and Net result for the year (+€36,802)
- Reserves -€24,750
no longer reported in 2025 (was €24,750)
- Tax, wage and social debts -€10,143
down €10,143 (-22.6%), from €44,971 to €34,827
- Debts after one year +€8,807
new in 2025: €8,807
- Current portion of long-term debt +€4,193
new in 2025: €4,193
- Gross operating margin +€1,600
up €1,600 (+3.1%), from €52,260 to €53,860
- Depreciation +€682
up €682 (+32.3%), from €2,107 to €2,789
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 | €222,606 | €199,684 | -€22,922 | -10.3% |
| Fixed assets | 21/28 | €159,234 | €108,744 | -€50,491 | -31.7% |
| Tangible fixed assets | 22/27 | €15,436 | €39,387 | +€23,951 | +155% |
| Land and buildings | 22 | €2,539 | €2,470 | -€69 | -2.7% |
| Plant, machinery and equipment | 23 | €684 | €544 | -€140 | -20.4% |
| Furniture and vehicles | 24 | - | €26,184 | +€26,184 | |
| Other tangible fixed assets | 26 | €12,213 | €10,189 | -€2,024 | -16.6% |
| Financial fixed assets | 28 | €143,799 | €69,357 | -€74,442 | -51.8% |
| Current assets | 29/58 | €63,372 | €90,941 | +€27,569 | +43.5% |
| Amounts receivable within one year | 40/41 | - | €20,000 | +€20,000 | |
| Other amounts receivable | 41 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €60,861 | €66,866 | +€6,004 | +9.9% |
| Deferred charges and accrued income | 490/1 | €2,510 | €4,075 | +€1,565 | +62.3% |
| Total equity and liabilities | 10/49 | €222,606 | €199,684 | -€22,922 | -10.3% |
| Equity | 10/15 | €173,957 | €149,207 | -€24,750 | -14.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €24,750 | - | -€24,750 | |
| Distributable reserves | 133 | €24,750 | - | -€24,750 | |
| Profit (loss) carried forward | 14 | €128,747 | €128,747 | = | 0.0% |
| Amounts payable | 17/49 | €48,649 | €50,477 | +€1,828 | +3.8% |
| Amounts payable after more than one year | 17 | - | €8,807 | +€8,807 | |
| Financial debts | 170/4 | - | €8,807 | +€8,807 | |
| Amounts payable within one year | 42/48 | €48,474 | €41,495 | -€6,979 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | - | €4,193 | +€4,193 | |
| Trade debts | 44 | €102 | €338 | +€236 | +232% |
| Suppliers | 440/4 | €102 | €338 | +€236 | +232% |
| Taxes, remuneration and social security | 45 | €44,971 | €34,827 | -€10,143 | -22.6% |
| Taxes | 450/3 | €44,971 | €34,827 | -€10,143 | -22.6% |
| Other amounts payable | 47/48 | €3,401 | €2,137 | -€1,264 | -37.2% |
| Accrued charges and deferred income | 492/3 | €175 | €175 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,107 | €2,789 | +€682 | +32.3% |
| Other operating charges | 640/8 | €777 | €1,272 | +€495 | +63.7% |
| Gross operating margin | 9900 | €52,260 | €53,860 | +€1,600 | +3.1% |
| Operating profit (loss) | 9901 | €49,376 | €49,799 | +€423 | +0.9% |
| Financial income | 75/76B | €1,831 | €1,621 | -€211 | -11.5% |
| Recurring financial income | 75 | €1,831 | €1,621 | -€211 | -11.5% |
| Financial charges | 65/66B | €447 | €45 | -€402 | -89.9% |
| Recurring financial charges | 65 | €447 | €45 | -€402 | -89.9% |
| Profit (loss) for the period before taxes | 9903 | €50,761 | €51,375 | +€614 | +1.2% |
| Income taxes | 67/77 | €14,613 | €14,573 | -€40 | -0.3% |
| Profit (loss) for the period | 9904 | €36,148 | €36,802 | +€654 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,148 | €36,802 | +€654 | +1.8% |
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 14 October 2026 via checked.be.