CORAIL: what changed
Two fiscal 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.
CORAIL
Largest movements
- Cash -€56,576
down €56,576 (-72.9%), from €77,597 to €21,022
mainly Contributions, distributions and other (-€114,444) and Other debts (-€49,477)
- Tangible fixed assets -€21,246
down €21,246 (-16.6%), from €127,723 to €106,476
of which Land and buildings: -€20,795
- Revaluation surpluses -€114,444
no longer reported in 2024 (was €114,444)
- Profit (loss) carried forward +€104,104
up €104,104 (+34.9%), from -€297,919 to -€193,815
- Other debts -€49,477
down €49,477 (-35.3%), from €140,298 to €90,821
- Reserves -€14,949
down €14,949 (-10.5%), from €142,337 to €127,389
- Accrued charges and deferred income -€3,840
down €3,840 (-8.5%), from €45,120 to €41,280
- Gross operating margin +€113,752
up €113,752, from -€148 to €113,605
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €206,281 | €127,675 | -€78,606 | -38.1% |
| Fixed assets | 21/28 | €127,723 | €106,476 | -€21,246 | -16.6% |
| Tangible fixed assets | 22/27 | €127,723 | €106,476 | -€21,246 | -16.6% |
| Land and buildings | 22 | €126,001 | €105,206 | -€20,795 | -16.5% |
| Furniture and vehicles | 24 | €1,721 | €1,270 | -€451 | -26.2% |
| Current assets | 29/58 | €78,558 | €21,198 | -€57,360 | -73.0% |
| Amounts receivable within one year | 40/41 | €961 | €176 | -€784 | -81.6% |
| Trade receivables | 40 | €961 | €176 | -€784 | -81.6% |
| Cash at bank and in hand | 54/58 | €77,597 | €21,022 | -€56,576 | -72.9% |
| Total equity and liabilities | 10/49 | €206,281 | €127,675 | -€78,606 | -38.1% |
| Equity | 10/15 | €20,862 | -€4,426 | -€25,289 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €114,444 | - | -€114,444 | |
| Reserves | 13 | €142,337 | €127,389 | -€14,949 | -10.5% |
| Tax-exempt reserves | 132 | €142,337 | €127,389 | -€14,949 | -10.5% |
| Profit (loss) carried forward | 14 | -€297,919 | -€193,815 | +€104,104 | +34.9% |
| Amounts payable | 17/49 | €185,418 | €132,101 | -€53,317 | -28.8% |
| Amounts payable within one year | 42/48 | €140,298 | €90,821 | -€49,477 | -35.3% |
| Other amounts payable | 47/48 | €140,298 | €90,821 | -€49,477 | -35.3% |
| Accrued charges and deferred income | 492/3 | €45,120 | €41,280 | -€3,840 | -8.5% |
| Non-recurring operating income | 76A | - | €114,444 | +€114,444 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,246 | €21,246 | = | 0.0% |
| Other operating charges | 640/8 | €1,888 | €2,930 | +€1,042 | +55.2% |
| Gross operating margin | 9900 | -€148 | €113,605 | +€113,752 | |
| Operating profit (loss) | 9901 | -€23,282 | €89,429 | +€112,711 | |
| Financial charges | 65/66B | €273 | €273 | = | 0.0% |
| Recurring financial charges | 65 | €273 | €273 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€23,555 | €89,155 | +€112,711 | |
| Profit (loss) for the period | 9904 | -€23,555 | €89,155 | +€112,711 | |
| Transfer from tax-exempt reserves | 789 | €14,949 | €14,949 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,607 | €104,104 | +€112,711 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.