CORANI: 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.
What changed
CORANI
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€32,624
2024 · -€33,343+€719
Equity
€26,775
2024 · €59,398-€32,624
Cash
€51,598
2024 · €47,056+€4,542
Balance sheet total
€888,766
2024 · €954,651-€65,885
Largest movements
Assets
- Tangible fixed assets -€70,982
down €70,982 (-8.0%), from €887,639 to €816,656
of which Land and buildings: -€63,820
Equity and liabilities
- Debts after one year -€53,860
down €53,860 (-9.3%), from €577,642 to €523,782
- Reserves -€32,624
down €32,624 (-61.3%), from €53,198 to €20,575
of which Distributable reserves: -€32,624
- Provisions +€16,606
up €16,606 (+6.5%), from €254,722 to €271,328
Income statement
- Gross operating margin +€1,118
up €1,118 (+1.4%), from €79,556 to €80,673
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.
Result 2024
-€33,343
Gross operating margin
+€1,118
Depreciation
-€542
Other operating charges
-€492
Other operating items
-€5
Financial income
+€24
Financial charges
+€616
Taxes
+€2
Result 2025
-€32,624
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€59,727
Investment
-€3,130
Financing
-€52,055
Cash 2024
€47,056
From operations (derived)
+€59,727
Net result for the year
-€32,624
Depreciation
+€74,112
Receivables within one year
-€1,176
Deferred charges and accrued income
+€620
Provisions
+€16,606
Trade debts
+€2,436
Tax, wage and social debts
-€1,184
Other debts
+€935
Investment (derived)
-€3,130
Investment in fixed assets (net)
-€3,130
Financing
-€52,055
Debts after one year
-€53,860
Current portion of long-term debt
+€1,804
Cash 2025
€51,598
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €954,651 | €888,766 | -€65,885 | -6.9% |
| Fixed assets | 21/28 | €887,639 | €816,656 | -€70,982 | -8.0% |
| Tangible fixed assets | 22/27 | €887,639 | €816,656 | -€70,982 | -8.0% |
| Land and buildings | 22 | €856,701 | €792,880 | -€63,820 | -7.4% |
| Plant, machinery and equipment | 23 | - | €2,195 | +€2,195 | |
| Furniture and vehicles | 24 | €30,938 | €21,581 | -€9,357 | -30.2% |
| Current assets | 29/58 | €67,012 | €72,110 | +€5,098 | +7.6% |
| Amounts receivable within one year | 40/41 | €17,101 | €18,276 | +€1,176 | +6.9% |
| Trade receivables | 40 | €17,101 | €18,276 | +€1,176 | +6.9% |
| Cash at bank and in hand | 54/58 | €47,056 | €51,598 | +€4,542 | +9.7% |
| Deferred charges and accrued income | 490/1 | €2,856 | €2,235 | -€620 | -21.7% |
| Total equity and liabilities | 10/49 | €954,651 | €888,766 | -€65,885 | -6.9% |
| Equity | 10/15 | €59,398 | €26,775 | -€32,624 | -54.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €53,198 | €20,575 | -€32,624 | -61.3% |
| 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 | €51,338 | €18,715 | -€32,624 | -63.5% |
| Provisions and deferred taxes | 16 | €254,722 | €271,328 | +€16,606 | +6.5% |
| Provisions for liabilities and charges | 160/5 | €254,722 | €271,328 | +€16,606 | +6.5% |
| Environmental obligations | 163 | €254,722 | - | -€254,722 | |
| Other liabilities and charges | 164/5 | - | €271,328 | +€271,328 | |
| Amounts payable | 17/49 | €640,531 | €590,664 | -€49,868 | -7.8% |
| Amounts payable after more than one year | 17 | €577,642 | €523,782 | -€53,860 | -9.3% |
| Financial debts | 170/4 | €577,642 | €523,782 | -€53,860 | -9.3% |
| Amounts payable within one year | 42/48 | €62,889 | €66,882 | +€3,992 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €52,055 | €53,860 | +€1,804 | +3.5% |
| Trade debts | 44 | €4,670 | €7,106 | +€2,436 | +52.2% |
| Suppliers | 440/4 | €4,670 | €7,106 | +€2,436 | +52.2% |
| Taxes, remuneration and social security | 45 | €6,164 | €4,980 | -€1,184 | -19.2% |
| Taxes | 450/3 | €6,164 | €4,980 | -€1,184 | -19.2% |
| Other amounts payable | 47/48 | - | €935 | +€935 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,570 | €74,112 | +€542 | +0.7% |
| Other operating charges | 640/8 | €4,101 | €4,593 | +€492 | +12.0% |
| Non-recurring operating charges | 66A | €43 | €49 | +€5 | +12.4% |
| Gross operating margin | 9900 | €79,556 | €80,673 | +€1,118 | +1.4% |
| Operating profit (loss) | 9901 | €1,842 | €1,920 | +€78 | +4.2% |
| Financial income | 75/76B | €7 | €31 | +€24 | +338% |
| Recurring financial income | 75 | €7 | €31 | +€24 | +338% |
| Financial charges | 65/66B | €34,778 | €34,163 | -€616 | -1.8% |
| Recurring financial charges | 65 | €34,778 | €34,163 | -€616 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | -€32,930 | -€32,212 | +€718 | +2.2% |
| Income taxes | 67/77 | €413 | €412 | -€2 | -0.4% |
| Profit (loss) for the period | 9904 | -€33,343 | -€32,624 | +€719 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,343 | -€32,624 | +€719 | +2.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.