CORAFINE: 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.
CORAFINE
Largest movements
- Tangible fixed assets -€76,481
down €76,481 (-3.6%), from €2.1m to €2.1m
of which Other tangible fixed assets: -€75,117
- Profit (loss) carried forward -€70,164
down €70,164 (-6.2%), from -€1.1m to -€1.2m
- Gross operating margin +€14,965
up €14,965 (+86.7%), from €17,260 to €32,226
- Other operating charges +€392
up €392 (+7.8%), from €5,049 to €5,441
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 | €2,139,202 | €2,071,327 | -€67,875 | -3.2% |
| Fixed assets | 21/28 | €2,134,804 | €2,058,323 | -€76,481 | -3.6% |
| Tangible fixed assets | 22/27 | €2,134,804 | €2,058,323 | -€76,481 | -3.6% |
| Land and buildings | 22 | €2,233 | €2,079 | -€154 | -6.9% |
| Furniture and vehicles | 24 | €6,931 | €5,721 | -€1,209 | -17.4% |
| Other tangible fixed assets | 26 | €2,125,640 | €2,050,523 | -€75,117 | -3.5% |
| Current assets | 29/58 | €4,398 | €13,003 | +€8,605 | +195.7% |
| Cash at bank and in hand | 54/58 | €4,398 | €11,165 | +€6,768 | +153.9% |
| Deferred charges and accrued income | 490/1 | - | €1,838 | +€1,838 | |
| Total equity and liabilities | 10/49 | €2,139,202 | €2,071,327 | -€67,875 | -3.2% |
| Equity | 10/15 | -€1,084,028 | -€1,154,192 | -€70,164 | -6.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,124,028 | -€1,194,192 | -€70,164 | -6.2% |
| Amounts payable | 17/49 | €3,223,230 | €3,225,519 | +€2,289 | +0.1% |
| Amounts payable after more than one year | 17 | €1,360,000 | €1,360,000 | = | 0.0% |
| Financial debts | 170/4 | €1,360,000 | €1,360,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,859,830 | €1,861,995 | +€2,165 | +0.1% |
| Trade debts | 44 | €157 | €1,131 | +€975 | +621.5% |
| Suppliers | 440/4 | €157 | €1,131 | +€975 | +621.5% |
| Other amounts payable | 47/48 | €1,859,673 | €1,860,864 | +€1,190 | +0.1% |
| Accrued charges and deferred income | 492/3 | €3,400 | €3,524 | +€124 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,784 | €76,481 | -€303 | -0.4% |
| Other operating charges | 640/8 | €5,049 | €5,441 | +€392 | +7.8% |
| Gross operating margin | 9900 | €17,260 | €32,226 | +€14,965 | +86.7% |
| Operating profit (loss) | 9901 | -€64,573 | -€49,696 | +€14,877 | +23.0% |
| Financial charges | 65/66B | €20,488 | €20,468 | -€20 | -0.1% |
| Recurring financial charges | 65 | €20,488 | €20,468 | -€20 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€85,061 | -€70,164 | +€14,897 | +17.5% |
| Profit (loss) for the period | 9904 | -€85,061 | -€70,164 | +€14,897 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,061 | -€70,164 | +€14,897 | +17.5% |
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 11 October 2026 via checked.be.