Coradis: 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.
Coradis
Largest movements
- Cash +€12,888
up €12,888 (+40.2%), from €32,091 to €44,979
mainly Net result for the year (+€56,037) and Other debts (+€41,518)
- Tangible fixed assets +€12,873
up €12,873 (+123.8%), from €10,396 to €23,269
of which Furniture and vehicles: +€15,087
- Receivables within one year +€2,979
up €2,979 (+12.1%), from €24,577 to €27,556
of which Trade receivables: +€12,929
- Other debts +€41,518
up €41,518 (+130.1%), from €31,900 to €73,418
- Tax, wage and social debts -€10,114
down €10,114 (-44.4%), from €22,767 to €12,652
- Short-term financial debts -€3,750
down €3,750 (-42.9%), from €8,750 to €5,000
- Gross operating margin +€17,270
up €17,270 (+21.1%), from €81,854 to €99,123
- Financial charges +€13,481
up €13,481 (+211.1%), from €6,385 to €19,866
- Financial income -€4,106
no longer reported in 2025 (was €4,106)
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.
Cash bridge derived
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 | €67,064 | €95,803 | +€28,739 | +42.9% |
| Fixed assets | 21/28 | €10,396 | €23,269 | +€12,873 | +123.8% |
| Tangible fixed assets | 22/27 | €10,396 | €23,269 | +€12,873 | +123.8% |
| Furniture and vehicles | 24 | €6,091 | €21,178 | +€15,087 | +247.7% |
| Other tangible fixed assets | 26 | €4,306 | €2,091 | -€2,214 | -51.4% |
| Current assets | 29/58 | €56,668 | €72,535 | +€15,867 | +28.0% |
| Amounts receivable within one year | 40/41 | €24,577 | €27,556 | +€2,979 | +12.1% |
| Trade receivables | 40 | €14,627 | €27,556 | +€12,929 | +88.4% |
| Other amounts receivable | 41 | €9,950 | - | -€9,950 | |
| Cash at bank and in hand | 54/58 | €32,091 | €44,979 | +€12,888 | +40.2% |
| Total equity and liabilities | 10/49 | €67,064 | €95,803 | +€28,739 | +42.9% |
| Equity | 10/15 | €3,117 | €3,155 | +€37 | +1.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117 | €155 | +€37 | +31.8% |
| Amounts payable | 17/49 | €63,947 | €92,649 | +€28,702 | +44.9% |
| Amounts payable within one year | 42/48 | €63,647 | €92,128 | +€28,481 | +44.7% |
| Financial debts | 43 | €8,750 | €5,000 | -€3,750 | -42.9% |
| Credit institutions | 430/8 | €8,750 | €5,000 | -€3,750 | -42.9% |
| Trade debts | 44 | €230 | €1,058 | +€828 | +360.4% |
| Suppliers | 440/4 | €230 | €1,058 | +€828 | +360.4% |
| Taxes, remuneration and social security | 45 | €22,767 | €12,652 | -€10,114 | -44.4% |
| Taxes | 450/3 | €22,767 | €12,652 | -€10,114 | -44.4% |
| Other amounts payable | 47/48 | €31,900 | €73,418 | +€41,518 | +130.1% |
| Accrued charges and deferred income | 492/3 | €300 | €521 | +€221 | +73.6% |
| Non-recurring operating income | 76A | - | €620 | +€620 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,189 | €7,022 | +€833 | +13.5% |
| Other operating charges | 640/8 | €923 | €667 | -€256 | -27.8% |
| Gross operating margin | 9900 | €81,854 | €99,123 | +€17,270 | +21.1% |
| Operating profit (loss) | 9901 | €74,742 | €91,435 | +€16,693 | +22.3% |
| Financial income | 75/76B | €4,106 | - | -€4,106 | |
| Recurring financial income | 75 | €4,106 | - | -€4,106 | |
| Financial charges | 65/66B | €6,385 | €19,866 | +€13,481 | +211.1% |
| Recurring financial charges | 65 | €6,385 | €19,866 | +€13,481 | +211.1% |
| Profit (loss) for the period before taxes | 9903 | €72,463 | €71,569 | -€894 | -1.2% |
| Income taxes | 67/77 | €15,685 | €15,532 | -€153 | -1.0% |
| Profit (loss) for the period | 9904 | €56,779 | €56,037 | -€741 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,779 | €56,037 | -€741 | -1.3% |
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 12 October 2026 via checked.be.