C-CoRe Management: 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.
C-CoRe Management
Largest movements
- Cash -€20,005
down €20,005 (-69.3%), from €28,865 to €8,860
mainly Contributions, distributions and other (-€20,724) and Trade debts (-€4,497)
- Receivables within one year +€3,886
up €3,886 (+34.9%), from €11,125 to €15,010
of which Trade receivables: +€4,421
- Profit (loss) carried forward -€7,713
down €7,713 (-37.2%), from €20,724 to €13,011
- Trade debts -€4,497
down €4,497 (-83.6%), from €5,377 to €880
- Other debts -€2,986
down €2,986 (-32.9%), from €9,070 to €6,084
- Tax, wage and social debts -€1,325
down €1,325 (-33.9%), from €3,907 to €2,582
- Write-downs +€11,711
no longer reported in 2025 (was -€11,711)
- Gross operating margin +€2,633
up €2,633 (+13.9%), from €18,898 to €21,531
- Taxes -€2,389
down €2,389 (-26.8%), from €8,907 to €6,518
- Other operating charges +€894
up €894 (+151%), from €594 to €1,488
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 | €41,643 | €25,124 | -€16,519 | -39.7% |
| Fixed assets | 21/28 | €910 | €510 | -€400 | -43.9% |
| Tangible fixed assets | 22/27 | €910 | €510 | -€400 | -43.9% |
| Plant, machinery and equipment | 23 | €910 | €510 | -€400 | -43.9% |
| Current assets | 29/58 | €40,733 | €24,614 | -€16,119 | -39.6% |
| Amounts receivable within one year | 40/41 | €11,125 | €15,010 | +€3,886 | +34.9% |
| Trade receivables | 40 | €9,589 | €14,010 | +€4,421 | +46.1% |
| Other amounts receivable | 41 | €1,535 | €1,000 | -€535 | -34.9% |
| Cash at bank and in hand | 54/58 | €28,865 | €8,860 | -€20,005 | -69.3% |
| Deferred charges and accrued income | 490/1 | €743 | €743 | = | 0.0% |
| Total equity and liabilities | 10/49 | €41,643 | €25,124 | -€16,519 | -39.7% |
| Equity | 10/15 | €23,224 | €15,511 | -€7,713 | -33.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,724 | €13,011 | -€7,713 | -37.2% |
| Amounts payable | 17/49 | €18,419 | €9,613 | -€8,806 | -47.8% |
| Amounts payable within one year | 42/48 | €18,354 | €9,546 | -€8,808 | -48.0% |
| Trade debts | 44 | €5,377 | €880 | -€4,497 | -83.6% |
| Suppliers | 440/4 | €5,377 | €880 | -€4,497 | -83.6% |
| Taxes, remuneration and social security | 45 | €3,907 | €2,582 | -€1,325 | -33.9% |
| Taxes | 450/3 | €3,907 | €2,582 | -€1,325 | -33.9% |
| Other amounts payable | 47/48 | €9,070 | €6,084 | -€2,986 | -32.9% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €289 | €400 | +€110 | +38.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€11,711 | - | +€11,711 | |
| Other operating charges | 640/8 | €594 | €1,488 | +€894 | +151% |
| Gross operating margin | 9900 | €18,898 | €21,531 | +€2,633 | +13.9% |
| Operating profit (loss) | 9901 | €29,726 | €19,643 | -€10,083 | -33.9% |
| Financial charges | 65/66B | €96 | €114 | +€19 | +19.5% |
| Recurring financial charges | 65 | €96 | €114 | +€19 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | €29,631 | €19,529 | -€10,102 | -34.1% |
| Income taxes | 67/77 | €8,907 | €6,518 | -€2,389 | -26.8% |
| Profit (loss) for the period | 9904 | €20,724 | €13,011 | -€7,713 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,724 | €13,011 | -€7,713 | -37.2% |
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 17 October 2026 via checked.be.