CORBAIS 47: 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.
CORBAIS 47
Largest movements
- Tangible fixed assets -€378,744
no longer reported in 2025 (was €378,744)
- Receivables within one year +€140,465
up €140,465 (+131%), from €107,322 to €247,787
- Other debts -€227,212
no longer reported in 2025 (was €227,212)
- Debts after one year -€109,755
no longer reported in 2025 (was €109,755)
- Reserves +€93,334
up €93,334 (+4,978%), from €1,875 to €95,209
of which Tax-exempt reserves: +€93,334
- Current portion of long-term debt -€39,086
no longer reported in 2025 (was €39,086)
- Provisions +€31,111
new in 2025: €31,111
- Gross operating margin +€115,151
up €115,151 (+1,199%), from €9,606 to €124,757
- Taxes +€12,047
new in 2025: €12,047
- Depreciation -€4,777
no longer reported in 2025 (was €4,777)
- Purchases and services +€4,294
up €4,294 (+179%), from €2,394 to €6,688
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 | €523,143 | €285,491 | -€237,652 | -45.4% |
| Fixed assets | 21/28 | €378,744 | - | -€378,744 | |
| Tangible fixed assets | 22/27 | €378,744 | - | -€378,744 | |
| Land and buildings | 22 | €378,744 | - | -€378,744 | |
| Current assets | 29/58 | €144,399 | €285,491 | +€141,092 | +97.7% |
| Amounts receivable within one year | 40/41 | €107,322 | €247,787 | +€140,465 | +131% |
| Other amounts receivable | 41 | €107,322 | €247,787 | +€140,465 | +131% |
| Cash at bank and in hand | 54/58 | €35,849 | €37,705 | +€1,855 | +5.2% |
| Deferred charges and accrued income | 490/1 | €1,228 | - | -€1,228 | |
| Total equity and liabilities | 10/49 | €523,143 | €285,491 | -€237,652 | -45.4% |
| Equity | 10/15 | €147,090 | €224,702 | +€77,613 | +52.8% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,875 | €95,209 | +€93,334 | +4,978% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €93,334 | +€93,334 | |
| Profit (loss) carried forward | 14 | €126,465 | €110,744 | -€15,721 | -12.4% |
| Provisions and deferred taxes | 16 | - | €31,111 | +€31,111 | |
| Deferred taxes | 168 | - | €31,111 | +€31,111 | |
| Amounts payable | 17/49 | €376,053 | €29,678 | -€346,376 | -92.1% |
| Amounts payable after more than one year | 17 | €109,755 | - | -€109,755 | |
| Financial debts | 170/4 | €109,755 | - | -€109,755 | |
| Amounts payable within one year | 42/48 | €266,298 | €29,678 | -€236,621 | -88.9% |
| Current portion of amounts payable after more than one year | 42 | €39,086 | - | -€39,086 | |
| Trade debts | 44 | €0 | €29,678 | +€29,678 | |
| Suppliers | 440/4 | €0 | €29,678 | +€29,678 | |
| Other amounts payable | 47/48 | €227,212 | - | -€227,212 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,394 | €6,688 | +€4,294 | +179% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,777 | - | -€4,777 | |
| Other operating charges | 640/8 | €1,766 | €1,365 | -€401 | -22.7% |
| Gross operating margin | 9900 | €9,606 | €124,757 | +€115,151 | +1,199% |
| Operating profit (loss) | 9901 | €3,063 | €123,392 | +€120,329 | +3,928% |
| Financial charges | 65/66B | €2,559 | €2,622 | +€63 | +2.5% |
| Recurring financial charges | 65 | €2,559 | €2,622 | +€63 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €505 | €120,770 | +€120,266 | +23,834% |
| Transfer to deferred taxes | 680 | - | €31,111 | +€31,111 | |
| Income taxes | 67/77 | - | €12,047 | +€12,047 | |
| Profit (loss) for the period | 9904 | €505 | €77,613 | +€77,108 | +15,281% |
| Transfer to tax-exempt reserves | 689 | - | €93,334 | +€93,334 | |
| Profit (loss) for the period to be appropriated | 9905 | €505 | -€15,721 | -€16,226 |
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 13 October 2026 via checked.be.