Corazao: 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.
Corazao
Largest movements
- Cash +€27,864
up €27,864 (+75.6%), from €36,849 to €64,713
mainly Net result for the year (+€36,240) and Short-term financial debts (+€449)
- Receivables within one year +€1,463
up €1,463 (+12.8%), from €11,397 to €12,860
of which Trade receivables: +€1,640
- Reserves +€55,000
up €55,000 (+550%), from €10,000 to €65,000
- Profit (loss) carried forward -€23,760
down €23,760 (-96.7%), from €24,573 to €812
- Tax, wage and social debts -€2,190
down €2,190 (-18.9%), from €11,583 to €9,393
- Gross operating margin +€5,084
up €5,084 (+11.0%), from €46,087 to €51,171
- Taxes +€2,966
up €2,966 (+27.1%), from €10,932 to €13,898
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,372 | €78,861 | +€29,489 | +59.7% |
| Fixed assets | 21/28 | €1,125 | €1,288 | +€163 | +14.5% |
| Tangible fixed assets | 22/27 | €1,125 | €1,288 | +€163 | +14.5% |
| Furniture and vehicles | 24 | €1,125 | €1,288 | +€163 | +14.5% |
| Current assets | 29/58 | €48,246 | €77,573 | +€29,326 | +60.8% |
| Amounts receivable within one year | 40/41 | €11,397 | €12,860 | +€1,463 | +12.8% |
| Trade receivables | 40 | €11,212 | €12,852 | +€1,640 | +14.6% |
| Other amounts receivable | 41 | €186 | €9 | -€177 | -95.4% |
| Cash at bank and in hand | 54/58 | €36,849 | €64,713 | +€27,864 | +75.6% |
| Total equity and liabilities | 10/49 | €49,372 | €78,861 | +€29,489 | +59.7% |
| Equity | 10/15 | €37,573 | €68,812 | +€31,240 | +83.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €65,000 | +€55,000 | +550% |
| Distributable reserves | 133 | €10,000 | €65,000 | +€55,000 | +550% |
| Profit (loss) carried forward | 14 | €24,573 | €812 | -€23,760 | -96.7% |
| Amounts payable | 17/49 | €11,799 | €10,049 | -€1,751 | -14.8% |
| Amounts payable within one year | 42/48 | €11,799 | €10,049 | -€1,751 | -14.8% |
| Financial debts | 43 | - | €449 | +€449 | |
| Credit institutions | 430/8 | - | €449 | +€449 | |
| Taxes, remuneration and social security | 45 | €11,583 | €9,393 | -€2,190 | -18.9% |
| Taxes | 450/3 | €11,583 | €9,393 | -€2,190 | -18.9% |
| Other amounts payable | 47/48 | €217 | €207 | -€9 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125 | €427 | +€302 | +242% |
| Other operating charges | 640/8 | €351 | €499 | +€147 | +41.9% |
| Gross operating margin | 9900 | €46,087 | €51,171 | +€5,084 | +11.0% |
| Operating profit (loss) | 9901 | €45,611 | €50,245 | +€4,634 | +10.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €106 | €109 | +€3 | +2.5% |
| Recurring financial charges | 65 | €106 | €109 | +€3 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €45,505 | €50,137 | +€4,633 | +10.2% |
| Income taxes | 67/77 | €10,932 | €13,898 | +€2,966 | +27.1% |
| Profit (loss) for the period | 9904 | €34,573 | €36,240 | +€1,667 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,573 | €36,240 | +€1,667 | +4.8% |
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 14 October 2026 via checked.be.