CORALEX: 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.
CORALEX
Largest movements
- Cash -€18,120
down €18,120 (-97.1%), from €18,666 to €546
mainly Other debts (-€11,890) and Trade debts (-€7,301)
- Tangible fixed assets -€3,055
down €3,055 (-9.9%), from €30,742 to €27,686
of which Land and buildings: -€2,813
- Deferred charges and accrued income -€1,972
down €1,972 (-71.8%), from €2,748 to €776
- Receivables within one year +€1,866
up €1,866 (+46.8%), from €3,991 to €5,857
of which Other amounts receivable: +€1,506
- Profit (loss) carried forward +€21,612
up €21,612 (+8.9%), from -€243,001 to -€221,389
- Revaluation surpluses -€21,500
down €21,500 (-100.0%), from €21,500 to €0
- Other debts -€11,890
down €11,890 (-4.9%), from €243,893 to €232,003
- Trade debts -€7,301
down €7,301 (-51.0%), from €14,329 to €7,029
- Accrued charges and deferred income -€2,002
down €2,002 (-100.0%), from €2,002 to €0
- Gross operating margin -€4,718
down €4,718 (-39.7%), from €11,879 to €7,161
- Other operating charges +€610
up €610 (+19.7%), from €3,099 to €3,709
- Depreciation +€291
up €291 (+10.5%), from €2,764 to €3,055
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 | €57,978 | €36,665 | -€21,312 | -36.8% |
| Fixed assets | 21/28 | €30,742 | €27,686 | -€3,055 | -9.9% |
| Tangible fixed assets | 22/27 | €30,742 | €27,686 | -€3,055 | -9.9% |
| Land and buildings | 22 | €30,338 | €27,525 | -€2,813 | -9.3% |
| Plant, machinery and equipment | 23 | €404 | €162 | -€242 | -60.0% |
| Current assets | 29/58 | €27,236 | €8,979 | -€18,257 | -67.0% |
| Stocks and contracts in progress | 3 | €1,831 | €1,800 | -€31 | -1.7% |
| Stocks | 30/36 | €1,831 | €1,800 | -€31 | -1.7% |
| Amounts receivable within one year | 40/41 | €3,991 | €5,857 | +€1,866 | +46.8% |
| Trade receivables | 40 | €1,334 | €1,694 | +€360 | +27.0% |
| Other amounts receivable | 41 | €2,657 | €4,163 | +€1,506 | +56.7% |
| Cash at bank and in hand | 54/58 | €18,666 | €546 | -€18,120 | -97.1% |
| Deferred charges and accrued income | 490/1 | €2,748 | €776 | -€1,972 | -71.8% |
| Total equity and liabilities | 10/49 | €57,978 | €36,665 | -€21,312 | -36.8% |
| Equity | 10/15 | -€202,909 | -€202,797 | +€112 | +0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €21,500 | €0 | -€21,500 | -100.0% |
| Profit (loss) carried forward | 14 | -€243,001 | -€221,389 | +€21,612 | +8.9% |
| Amounts payable | 17/49 | €260,887 | €239,463 | -€21,424 | -8.2% |
| Amounts payable within one year | 42/48 | €258,885 | €239,463 | -€19,422 | -7.5% |
| Trade debts | 44 | €14,329 | €7,029 | -€7,301 | -51.0% |
| Suppliers | 440/4 | €14,329 | €7,029 | -€7,301 | -51.0% |
| Taxes, remuneration and social security | 45 | €662 | €431 | -€231 | -34.9% |
| Taxes | 450/3 | €662 | €431 | -€231 | -34.9% |
| Other amounts payable | 47/48 | €243,893 | €232,003 | -€11,890 | -4.9% |
| Accrued charges and deferred income | 492/3 | €2,002 | €0 | -€2,002 | -100.0% |
| Non-recurring operating income | 76A | €400 | €0 | -€400 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,764 | €3,055 | +€291 | +10.5% |
| Other operating charges | 640/8 | €3,099 | €3,709 | +€610 | +19.7% |
| Gross operating margin | 9900 | €11,879 | €7,161 | -€4,718 | -39.7% |
| Operating profit (loss) | 9901 | €6,017 | €397 | -€5,620 | -93.4% |
| Financial income | 75/76B | - | €63 | +€63 | |
| Recurring financial income | 75 | - | €63 | +€63 | |
| Financial charges | 65/66B | €93 | €201 | +€107 | +114.7% |
| Recurring financial charges | 65 | €93 | €201 | +€107 | +114.7% |
| Profit (loss) for the period before taxes | 9903 | €5,923 | €259 | -€5,664 | -95.6% |
| Income taxes | 67/77 | €162 | €147 | -€15 | -9.1% |
| Profit (loss) for the period | 9904 | €5,761 | €112 | -€5,649 | -98.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,761 | €112 | -€5,649 | -98.1% |
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 7 October 2026 via checked.be.