Corada: 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.
Corada
Largest movements
- Cash -€96,966
down €96,966 (-43.9%), from €220,720 to €123,754
mainly Other debts (-€60,555) and Net result for the year (-€22,693)
- Tangible fixed assets -€4,137
down €4,137 (-7.1%), from €58,112 to €53,975
of which Land and buildings: -€2,625
- Other debts -€60,555
down €60,555 (-48.4%), from €125,155 to €64,600
- Reserves -€22,693
down €22,693 (-30.1%), from €75,449 to €52,757
of which Distributable reserves: -€22,693
- Accrued charges and deferred income -€19,200
down €19,200 (-61.5%), from €31,200 to €12,000
- Tax, wage and social debts +€6,000
up €6,000 (+1,111,111%), from €1 to €6,001
of which Remuneration and social security: +€6,000
- Debts after one year -€5,947
down €5,947 (-11.1%), from €53,736 to €47,789
of which Financial debts: -€5,947
- Gross operating margin -€20,855
down €20,855, from €4,838 to -€16,018
- Taxes -€1,798
down €1,798 (-100%), from €1,798 to €0
- Financial income -€362
down €362 (-54.7%), from €661 to €299
- Financial charges -€344
down €344 (-16.7%), from €2,058 to €1,714
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €303,292 | €201,034 | -€102,258 | -33.7% |
| Fixed assets | 21/28 | €58,112 | €53,975 | -€4,137 | -7.1% |
| Tangible fixed assets | 22/27 | €58,112 | €53,975 | -€4,137 | -7.1% |
| Land and buildings | 22 | €54,250 | €51,625 | -€2,625 | -4.8% |
| Furniture and vehicles | 24 | €3,862 | €2,350 | -€1,512 | -39.2% |
| Current assets | 29/58 | €245,180 | €147,060 | -€98,121 | -40.0% |
| Amounts receivable within one year | 40/41 | €24,023 | €23,006 | -€1,017 | -4.2% |
| Trade receivables | 40 | - | €1,331 | +€1,331 | |
| Other amounts receivable | 41 | €24,023 | €21,675 | -€2,348 | -9.8% |
| Cash at bank and in hand | 54/58 | €220,720 | €123,754 | -€96,966 | -43.9% |
| Deferred charges and accrued income | 490/1 | €437 | €299 | -€138 | -31.5% |
| Total equity and liabilities | 10/49 | €303,292 | €201,034 | -€102,258 | -33.7% |
| Equity | 10/15 | €81,649 | €58,957 | -€22,693 | -27.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €75,449 | €52,757 | -€22,693 | -30.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €73,589 | €50,897 | -€22,693 | -30.8% |
| Amounts payable | 17/49 | €221,643 | €142,078 | -€79,566 | -35.9% |
| Amounts payable after more than one year | 17 | €53,736 | €47,789 | -€5,947 | -11.1% |
| Financial debts | 170/4 | €52,854 | €46,907 | -€5,947 | -11.3% |
| Other amounts payable | 178/9 | €882 | €882 | = | 0.0% |
| Amounts payable within one year | 42/48 | €136,708 | €82,289 | -€54,419 | -39.8% |
| Current portion of amounts payable after more than one year | 42 | €5,811 | €5,947 | +€136 | +2.3% |
| Trade debts | 44 | €5,741 | €5,741 | = | 0.0% |
| Suppliers | 440/4 | €5,741 | €5,741 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1 | €6,001 | +€6,000 | +1,111,111% |
| Taxes | 450/3 | €1 | €1 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Other amounts payable | 47/48 | €125,155 | €64,600 | -€60,555 | -48.4% |
| Accrued charges and deferred income | 492/3 | €31,200 | €12,000 | -€19,200 | -61.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,165 | €4,137 | -€28 | -0.7% |
| Other operating charges | 640/8 | €1,110 | €1,123 | +€13 | +1.2% |
| Gross operating margin | 9900 | €4,838 | -€16,018 | -€20,855 | |
| Operating profit (loss) | 9901 | -€438 | -€21,278 | -€20,840 | -4,762% |
| Financial income | 75/76B | €661 | €299 | -€362 | -54.7% |
| Recurring financial income | 75 | €661 | €299 | -€362 | -54.7% |
| Financial charges | 65/66B | €2,058 | €1,714 | -€344 | -16.7% |
| Recurring financial charges | 65 | €2,058 | €1,714 | -€344 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,834 | -€22,693 | -€20,858 | -1,137% |
| Income taxes | 67/77 | €1,798 | €0 | -€1,798 | -100% |
| Profit (loss) for the period | 9904 | -€3,633 | -€22,693 | -€19,060 | -525% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,633 | -€22,693 | -€19,060 | -525% |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.