BC CORA GROUP: 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.
BC CORA GROUP
Largest movements
- Cash -€70,219
down €70,219 (-63.2%), from €111,124 to €40,905
mainly Net result for the year (-€119,101) and Other debts (-€82,730)
- Tangible fixed assets -€52,271
down €52,271 (-31.5%), from €166,083 to €113,813
of which Furniture and vehicles: -€29,667
- Financial fixed assets -€16,553
down €16,553 (-44.1%), from €37,501 to €20,948
- Receivables after one year -€15,597
no longer reported in 2025 (was €15,597)
- Stocks and contracts -€8,000
down €8,000 (-35.6%), from €22,500 to €14,500
- Profit (loss) carried forward -€119,101
down €119,101 (-394%), from -€30,241 to -€149,342
- Other debts -€82,730
down €82,730 (-47.0%), from €175,870 to €93,140
- Trade debts +€70,432
up €70,432 (+36.1%), from €195,098 to €265,530
- Tax, wage and social debts -€25,090
down €25,090 (-50.3%), from €49,831 to €24,741
of which Remuneration and social security: -€22,602
- Gross operating margin -€165,821
down €165,821 (-45.8%), from €361,797 to €195,976
- Staff costs -€47,368
down €47,368 (-15.5%), from €305,798 to €258,430
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 | €391,558 | €235,069 | -€156,489 | -40.0% |
| Fixed assets | 21/28 | €203,584 | €134,761 | -€68,824 | -33.8% |
| Tangible fixed assets | 22/27 | €166,083 | €113,813 | -€52,271 | -31.5% |
| Plant, machinery and equipment | 23 | €9,757 | €5,870 | -€3,887 | -39.8% |
| Furniture and vehicles | 24 | €56,391 | €26,724 | -€29,667 | -52.6% |
| Other tangible fixed assets | 26 | €99,935 | €81,218 | -€18,717 | -18.7% |
| Financial fixed assets | 28 | €37,501 | €20,948 | -€16,553 | -44.1% |
| Current assets | 29/58 | €187,974 | €100,308 | -€87,665 | -46.6% |
| Amounts receivable after more than one year | 29 | €15,597 | - | -€15,597 | |
| Trade receivables | 290 | €15,597 | - | -€15,597 | |
| Stocks and contracts in progress | 3 | €22,500 | €14,500 | -€8,000 | -35.6% |
| Stocks | 30/36 | €22,500 | €14,500 | -€8,000 | -35.6% |
| Amounts receivable within one year | 40/41 | €37,268 | €44,903 | +€7,635 | +20.5% |
| Trade receivables | 40 | €36,597 | €44,788 | +€8,191 | +22.4% |
| Other amounts receivable | 41 | €671 | €115 | -€556 | -82.9% |
| Cash at bank and in hand | 54/58 | €111,124 | €40,905 | -€70,219 | -63.2% |
| Deferred charges and accrued income | 490/1 | €1,484 | - | -€1,484 | |
| Total equity and liabilities | 10/49 | €391,558 | €235,069 | -€156,489 | -40.0% |
| Equity | 10/15 | -€29,241 | -€148,342 | -€119,101 | -407% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,241 | -€149,342 | -€119,101 | -394% |
| Amounts payable | 17/49 | €420,800 | €383,411 | -€37,388 | -8.9% |
| Amounts payable within one year | 42/48 | €420,800 | €383,411 | -€37,388 | -8.9% |
| Trade debts | 44 | €195,098 | €265,530 | +€70,432 | +36.1% |
| Suppliers | 440/4 | €195,098 | €265,530 | +€70,432 | +36.1% |
| Taxes, remuneration and social security | 45 | €49,831 | €24,741 | -€25,090 | -50.3% |
| Taxes | 450/3 | €8,614 | €6,126 | -€2,488 | -28.9% |
| Remuneration and social security | 454/9 | €41,217 | €18,615 | -€22,602 | -54.8% |
| Other amounts payable | 47/48 | €175,870 | €93,140 | -€82,730 | -47.0% |
| Remuneration, social security and pensions | 62 | €305,798 | €258,430 | -€47,368 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,859 | €52,896 | -€1,963 | -3.6% |
| Other operating charges | 640/8 | €2,421 | €2,309 | -€112 | -4.6% |
| Gross operating margin | 9900 | €361,797 | €195,976 | -€165,821 | -45.8% |
| Operating profit (loss) | 9901 | -€1,281 | -€117,658 | -€116,377 | -9,086% |
| Financial income | 75/76B | €8 | €0 | -€8 | -99.5% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -99.5% |
| Financial charges | 65/66B | €2,141 | €1,082 | -€1,059 | -49.5% |
| Recurring financial charges | 65 | €2,141 | €1,082 | -€1,059 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,413 | -€118,740 | -€115,327 | -3,379% |
| Income taxes | 67/77 | €862 | €360 | -€502 | -58.2% |
| Profit (loss) for the period | 9904 | -€4,275 | -€119,101 | -€114,825 | -2,686% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,275 | -€119,101 | -€114,825 | -2,686% |
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 30 October 2026 via checked.be.