Association CORAIL: 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.
Association CORAIL
Largest movements
- Receivables after one year -€302,507
no longer reported in 2024 (was €302,507)
of which Trade receivables: -€299,794
- Receivables within one year +€249,286
new in 2024: €249,286
of which Trade receivables: +€246,573
- Cash +€105,492
up €105,492 (+31.5%), from €335,358 to €440,850
mainly Receivables after one year (+€302,507) and Tax, wage and social debts (+€62,829)
- Debts after one year -€87,741
down €87,741 (-31.2%), from €281,156 to €193,415
- Tax, wage and social debts +€62,829
up €62,829 (+45.5%), from €138,102 to €200,931
of which Remuneration and social security: +€62,782
- Profit (loss) carried forward +€54,440
up €54,440 (+4.0%), from €1.4m to €1.4m
- Purchases and services +€151,243
up €151,243 (+26.1%), from €578,714 to €729,957
- Turnover +€141,556
up €141,556 (+6.8%), from €2.1m to €2.2m
- Staff costs +€44,808
up €44,808 (+3.3%), from €1.4m to €1.4m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,949,137 | €1,999,405 | +€50,268 | +2.6% |
| Fixed assets | 21/28 | €1,311,272 | €1,309,269 | -€2,003 | -0.2% |
| Tangible fixed assets | 22/27 | €1,287,442 | €1,281,430 | -€6,012 | -0.5% |
| Land and buildings | 22 | €1,216,450 | €1,218,100 | +€1,650 | +0.1% |
| Plant, machinery and equipment | 23 | €3,700 | €1,713 | -€1,987 | -53.7% |
| Furniture and vehicles | 24 | €10,227 | €6,521 | -€3,706 | -36.2% |
| Other tangible fixed assets | 26 | €54,090 | €52,121 | -€1,969 | -3.6% |
| Assets under construction and advance payments | 27 | €2,975 | €2,975 | = | 0.0% |
| Financial fixed assets | 28 | €23,830 | €27,839 | +€4,009 | +16.8% |
| Current assets | 29/58 | €637,865 | €690,136 | +€52,271 | +8.2% |
| Amounts receivable after more than one year | 29 | €302,507 | - | -€302,507 | |
| Trade receivables | 290 | €299,794 | - | -€299,794 | |
| Other amounts receivable | 291 | €2,713 | - | -€2,713 | |
| Amounts receivable within one year | 40/41 | - | €249,286 | +€249,286 | |
| Trade receivables | 40 | - | €246,573 | +€246,573 | |
| Other amounts receivable | 41 | - | €2,713 | +€2,713 | |
| Cash at bank and in hand | 54/58 | €335,358 | €440,850 | +€105,492 | +31.5% |
| Total equity and liabilities | 10/49 | €1,949,137 | €1,999,405 | +€50,268 | +2.6% |
| Equity | 10/15 | €1,369,956 | €1,424,396 | +€54,440 | +4.0% |
| Profit (loss) carried forward | 14 | €1,369,956 | €1,424,396 | +€54,440 | +4.0% |
| Amounts payable | 17/49 | €579,181 | €575,009 | -€4,172 | -0.7% |
| Amounts payable after more than one year | 17 | €281,156 | €193,415 | -€87,741 | -31.2% |
| Financial debts | 170/4 | €281,156 | €193,415 | -€87,741 | -31.2% |
| Amounts payable within one year | 42/48 | €298,025 | €376,979 | +€78,954 | +26.5% |
| Current portion of amounts payable after more than one year | 42 | €86,463 | €87,741 | +€1,278 | +1.5% |
| Trade debts | 44 | €73,460 | €88,007 | +€14,547 | +19.8% |
| Suppliers | 440/4 | €73,460 | €88,007 | +€14,547 | +19.8% |
| Taxes, remuneration and social security | 45 | €138,102 | €200,931 | +€62,829 | +45.5% |
| Taxes | 450/3 | €852 | €899 | +€47 | +5.5% |
| Remuneration and social security | 454/9 | €137,250 | €200,032 | +€62,782 | +45.7% |
| Accrued charges and deferred income | 492/3 | - | €4,615 | +€4,615 | |
| Turnover | 70 | €2,069,871 | €2,211,427 | +€141,556 | +6.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €578,714 | €729,957 | +€151,243 | +26.1% |
| Remuneration, social security and pensions | 62 | €1,369,969 | €1,414,777 | +€44,808 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,594 | €46,227 | -€11,367 | -19.7% |
| Other operating charges | 640/8 | €5,389 | €8,842 | +€3,453 | +64.1% |
| Gross operating margin | 9900 | €1,536,804 | €1,536,369 | -€435 | 0.0% |
| Operating profit (loss) | 9901 | €103,852 | €66,523 | -€37,329 | -35.9% |
| Financial income | 75/76B | €23 | €329 | +€306 | +1,330% |
| Recurring financial income | 75 | €23 | €329 | +€306 | +1,330% |
| Financial charges | 65/66B | €10,953 | €11,567 | +€614 | +5.6% |
| Recurring financial charges | 65 | €10,953 | €11,567 | +€614 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €92,922 | €55,285 | -€37,637 | -40.5% |
| Income taxes | 67/77 | €817 | €845 | +€28 | +3.4% |
| Profit (loss) for the period | 9904 | €92,105 | €54,440 | -€37,665 | -40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €92,105 | €54,440 | -€37,665 | -40.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.