Zyrco: 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.
Zyrco
Largest movements
- Tangible fixed assets +€910,349
up €910,349 (+190%), from €480,242 to €1.4m
- Cash +€352,792
up €352,792 (+882%), from €40,015 to €392,807
mainly Other debts (+€563,441) and Net result for the year (+€425,849)
- Receivables within one year +€114,571
up €114,571 (+218%), from €52,560 to €167,131
of which Other amounts receivable: +€136,856
- Receivables after one year -€100,000
down €100,000 (-8.4%), from €1.2m to €1.1m
- Deferred charges and accrued income -€95,202
down €95,202 (-69.2%), from €137,640 to €42,439
- Other debts +€563,441
up €563,441 (+115,953%), from €486 to €563,927
- Reserves +€424,600
up €424,600 (+385%), from €110,250 to €534,850
of which Tax-exempt reserves: +€424,500
- Provisions +€141,500
new in 2025: €141,500
- Debts after one year +€70,000
up €70,000 (+7.4%), from €950,000 to €1.0m
- Gross operating margin +€594,658
up €594,658 (+1,406%), from €42,285 to €636,943
- Depreciation +€34,696
up €34,696 (+195%), from €17,784 to €52,480
- Financial charges +€12,483
up €12,483 (+34.3%), from €36,349 to €48,832
- Financial income -€8,167
down €8,167 (-16.9%), from €48,185 to €40,018
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 | €1,900,205 | €3,082,716 | +€1.2m | +62.2% |
| Fixed assets | 21/28 | €480,242 | €1,390,592 | +€910,349 | +190% |
| Tangible fixed assets | 22/27 | €480,242 | €1,390,592 | +€910,349 | +190% |
| Land and buildings | 22 | €480,242 | €1,390,592 | +€910,349 | +190% |
| Current assets | 29/58 | €1,419,963 | €1,692,124 | +€272,161 | +19.2% |
| Amounts receivable after more than one year | 29 | €1,189,747 | €1,089,747 | -€100,000 | -8.4% |
| Other amounts receivable | 291 | €1,189,747 | €1,089,747 | -€100,000 | -8.4% |
| Amounts receivable within one year | 40/41 | €52,560 | €167,131 | +€114,571 | +218% |
| Trade receivables | 40 | €52,560 | €30,275 | -€22,285 | -42.4% |
| Other amounts receivable | 41 | - | €136,856 | +€136,856 | |
| Cash at bank and in hand | 54/58 | €40,015 | €392,807 | +€352,792 | +882% |
| Deferred charges and accrued income | 490/1 | €137,640 | €42,439 | -€95,202 | -69.2% |
| Total equity and liabilities | 10/49 | €1,900,205 | €3,082,716 | +€1.2m | +62.2% |
| Equity | 10/15 | €861,052 | €1,286,901 | +€425,849 | +49.5% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Capital | 10 | €750,000 | €750,000 | = | 0.0% |
| Issued capital | 100 | €750,000 | €750,000 | = | 0.0% |
| Reserves | 13 | €110,250 | €534,850 | +€424,600 | +385% |
| Non-distributable reserves | 130/1 | €10,250 | €10,350 | +€100 | +1.0% |
| Legal reserve | 130 | €10,250 | €10,350 | +€100 | +1.0% |
| Tax-exempt reserves | 132 | - | €424,500 | +€424,500 | |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €802 | €2,051 | +€1,249 | +156% |
| Provisions and deferred taxes | 16 | - | €141,500 | +€141,500 | |
| Deferred taxes | 168 | - | €141,500 | +€141,500 | |
| Amounts payable | 17/49 | €1,039,153 | €1,654,315 | +€615,162 | +59.2% |
| Amounts payable after more than one year | 17 | €950,000 | €1,020,000 | +€70,000 | +7.4% |
| Financial debts | 170/4 | €950,000 | €1,020,000 | +€70,000 | +7.4% |
| Amounts payable within one year | 42/48 | €18,781 | €585,483 | +€566,702 | +3,017% |
| Trade debts | 44 | €4,297 | €11,013 | +€6,717 | +156% |
| Suppliers | 440/4 | €4,297 | €11,013 | +€6,717 | +156% |
| Taxes, remuneration and social security | 45 | €13,999 | €10,543 | -€3,456 | -24.7% |
| Taxes | 450/3 | €13,999 | €10,543 | -€3,456 | -24.7% |
| Other amounts payable | 47/48 | €486 | €563,927 | +€563,441 | +115,953% |
| Accrued charges and deferred income | 492/3 | €70,372 | €48,832 | -€21,540 | -30.6% |
| Non-recurring operating income | 76A | - | €590,447 | +€590,447 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,784 | €52,480 | +€34,696 | +195% |
| Other operating charges | 640/8 | €2,946 | €3,491 | +€545 | +18.5% |
| Gross operating margin | 9900 | €42,285 | €636,943 | +€594,658 | +1,406% |
| Operating profit (loss) | 9901 | €21,554 | €580,972 | +€559,418 | +2,595% |
| Financial income | 75/76B | €48,185 | €40,018 | -€8,167 | -16.9% |
| Recurring financial income | 75 | €48,185 | €40,018 | -€8,167 | -16.9% |
| Financial charges | 65/66B | €36,349 | €48,832 | +€12,483 | +34.3% |
| Recurring financial charges | 65 | €36,349 | €48,832 | +€12,483 | +34.3% |
| Profit (loss) for the period before taxes | 9903 | €33,390 | €572,159 | +€538,769 | +1,614% |
| Transfer to deferred taxes | 680 | - | €141,500 | +€141,500 | |
| Income taxes | 67/77 | €8,005 | €4,810 | -€3,195 | -39.9% |
| Profit (loss) for the period | 9904 | €25,384 | €425,849 | +€400,464 | +1,578% |
| Transfer to tax-exempt reserves | 689 | - | €424,500 | +€424,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,384 | €1,349 | -€24,036 | -94.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.