ZORO: 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.
ZORO
Largest movements
- Receivables within one year +€34,062
up €34,062 (+1102.1%), from €3,091 to €37,153
of which Other amounts receivable: +€26,667
- Cash -€3,370
down €3,370 (-48.8%), from €6,907 to €3,537
mainly Receivables within one year (-€34,062) and Investment in fixed assets (net) (-€2,920)
- Intangible fixed assets +€1,609
new in 2025: €1,609
- Tangible fixed assets -€766
down €766 (-4.9%), from €15,719 to €14,953
of which Other tangible fixed assets: -€628
- Profit (loss) carried forward +€16,101
up €16,101 (+98.8%), from €16,299 to €32,400
- Tax, wage and social debts +€10,224
up €10,224 (+223.1%), from €4,582 to €14,806
- Trade debts +€2,756
up €2,756 (+828.2%), from €333 to €3,089
- Other debts +€2,744
up €2,744 (+182.6%), from €1,503 to €4,247
- Depreciation +€1,782
up €1,782 (+604.2%), from €295 to €2,077
- Gross operating margin +€1,636
up €1,636 (+7.2%), from €22,568 to €24,204
- Taxes +€806
up €806 (+17.6%), from €4,582 to €5,387
- Other operating charges -€467
down €467 (-87.7%), from €533 to €66
- Financial income +€289
up €289 (+2893800.0%), from €0 to €289
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.
Cash bridge derived
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 | €25,716 | €57,541 | +€31,825 | +123.8% |
| Fixed assets | 21/28 | €15,719 | €16,562 | +€843 | +5.4% |
| Intangible fixed assets | 21 | - | €1,609 | +€1,609 | |
| Tangible fixed assets | 22/27 | €15,719 | €14,953 | -€766 | -4.9% |
| Furniture and vehicles | 24 | €645 | €507 | -€138 | -21.4% |
| Other tangible fixed assets | 26 | €15,074 | €14,446 | -€628 | -4.2% |
| Current assets | 29/58 | €9,997 | €40,979 | +€30,982 | +309.9% |
| Amounts receivable within one year | 40/41 | €3,091 | €37,153 | +€34,062 | +1102.1% |
| Trade receivables | 40 | €2,258 | €9,653 | +€7,395 | +327.5% |
| Other amounts receivable | 41 | €833 | €27,500 | +€26,667 | +3201.6% |
| Cash at bank and in hand | 54/58 | €6,907 | €3,537 | -€3,370 | -48.8% |
| Deferred charges and accrued income | 490/1 | - | €289 | +€289 | |
| Total equity and liabilities | 10/49 | €25,716 | €57,541 | +€31,825 | +123.8% |
| Equity | 10/15 | €19,299 | €35,400 | +€16,101 | +83.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,299 | €32,400 | +€16,101 | +98.8% |
| Amounts payable | 17/49 | €6,418 | €22,141 | +€15,724 | +245.0% |
| Amounts payable within one year | 42/48 | €6,418 | €22,141 | +€15,724 | +245.0% |
| Trade debts | 44 | €333 | €3,089 | +€2,756 | +828.2% |
| Suppliers | 440/4 | €333 | €3,089 | +€2,756 | +828.2% |
| Taxes, remuneration and social security | 45 | €4,582 | €14,806 | +€10,224 | +223.1% |
| Taxes | 450/3 | €4,582 | €14,806 | +€10,224 | +223.1% |
| Other amounts payable | 47/48 | €1,503 | €4,247 | +€2,744 | +182.6% |
| Non-recurring operating income | 76A | - | €15 | +€15 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €295 | €2,077 | +€1,782 | +604.2% |
| Other operating charges | 640/8 | €533 | €66 | -€467 | -87.7% |
| Gross operating margin | 9900 | €22,568 | €24,204 | +€1,636 | +7.2% |
| Operating profit (loss) | 9901 | €21,740 | €22,061 | +€321 | +1.5% |
| Financial income | 75/76B | €0 | €289 | +€289 | +2893800.0% |
| Recurring financial income | 75 | €0 | €289 | +€289 | +2893800.0% |
| Financial charges | 65/66B | - | €73 | +€73 | |
| Recurring financial charges | 65 | - | €73 | +€73 | |
| Profit (loss) for the period before taxes | 9903 | €21,740 | €22,277 | +€537 | +2.5% |
| Income taxes | 67/77 | €4,582 | €5,387 | +€806 | +17.6% |
| Profit (loss) for the period | 9904 | €17,158 | €16,890 | -€268 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,158 | €16,890 | -€268 | -1.6% |
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 9 October 2026 via checked.be.