Corbit: 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.
Corbit
Largest movements
- Receivables within one year +€122,034
up €122,034 (+115.1%), from €105,999 to €228,033
of which Trade receivables: +€115,300
- Cash -€70,817
down €70,817 (-33.3%), from €212,474 to €141,658
mainly Receivables within one year (-€122,034) and Other debts (-€35,811)
- Tangible fixed assets -€57,679
down €57,679 (-35.5%), from €162,684 to €105,006
of which Leasing and similar rights: -€34,084
- Deferred charges and accrued income +€28,728
up €28,728 (+39.7%), from €72,438 to €101,167
- Intangible fixed assets -€17,080
down €17,080 (-22.0%), from €77,618 to €60,538
- Reserves +€68,172
up €68,172 (+48.4%), from €140,813 to €208,985
- Profit (loss) carried forward -€64,302
down €64,302 (-94.3%), from €68,172 to €3,870
- Trade debts +€38,030
up €38,030 (+23.3%), from €163,148 to €201,178
- Other debts -€35,811
down €35,811 (-100.0%), from €35,811 to €0
- Tax, wage and social debts +€34,747
up €34,747 (+27.4%), from €126,696 to €161,443
of which Taxes: +€21,363
- Gross operating margin -€48,185
down €48,185 (-6.7%), from €721,639 to €673,454
- Taxes -€32,725
down €32,725 (-81.4%), from €40,187 to €7,462
- Depreciation +€31,151
up €31,151 (+89.8%), from €34,695 to €65,846
- Staff costs +€12,392
up €12,392 (+2.2%), from €570,513 to €582,905
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.
Cash bridge derived
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 | €631,278 | €636,464 | +€5,186 | +0.8% |
| Fixed assets | 21/28 | €240,365 | €165,606 | -€74,759 | -31.1% |
| Intangible fixed assets | 21 | €77,618 | €60,538 | -€17,080 | -22.0% |
| Tangible fixed assets | 22/27 | €162,684 | €105,006 | -€57,679 | -35.5% |
| Land and buildings | 22 | €93,302 | €61,965 | -€31,337 | -33.6% |
| Plant, machinery and equipment | 23 | €3,607 | €2,590 | -€1,017 | -28.2% |
| Furniture and vehicles | 24 | €31,692 | €40,450 | +€8,759 | +27.6% |
| Leasing and similar rights | 25 | €34,084 | €0 | -€34,084 | -100.0% |
| Financial fixed assets | 28 | €63 | €63 | = | 0.0% |
| Current assets | 29/58 | €390,912 | €470,858 | +€79,945 | +20.5% |
| Amounts receivable within one year | 40/41 | €105,999 | €228,033 | +€122,034 | +115.1% |
| Trade receivables | 40 | €99,001 | €214,301 | +€115,300 | +116.5% |
| Other amounts receivable | 41 | €6,999 | €13,732 | +€6,734 | +96.2% |
| Cash at bank and in hand | 54/58 | €212,474 | €141,658 | -€70,817 | -33.3% |
| Deferred charges and accrued income | 490/1 | €72,438 | €101,167 | +€28,728 | +39.7% |
| Total equity and liabilities | 10/49 | €631,278 | €636,464 | +€5,186 | +0.8% |
| Equity | 10/15 | €227,577 | €231,447 | +€3,870 | +1.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €140,813 | €208,985 | +€68,172 | +48.4% |
| Distributable reserves | 133 | €140,813 | €208,985 | +€68,172 | +48.4% |
| Profit (loss) carried forward | 14 | €68,172 | €3,870 | -€64,302 | -94.3% |
| Amounts payable | 17/49 | €403,701 | €405,017 | +€1,316 | +0.3% |
| Amounts payable after more than one year | 17 | €47,834 | €22,230 | -€25,604 | -53.5% |
| Financial debts | 170/4 | €47,834 | €22,230 | -€25,604 | -53.5% |
| Amounts payable within one year | 42/48 | €355,867 | €382,787 | +€26,920 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €28,622 | €18,739 | -€9,882 | -34.5% |
| Financial debts | 43 | €1,590 | €1,427 | -€163 | -10.2% |
| Credit institutions | 430/8 | €1,578 | €1,278 | -€300 | -19.0% |
| Other loans | 439 | €12 | €149 | +€138 | +1195.7% |
| Trade debts | 44 | €163,148 | €201,178 | +€38,030 | +23.3% |
| Suppliers | 440/4 | €163,148 | €201,178 | +€38,030 | +23.3% |
| Taxes, remuneration and social security | 45 | €126,696 | €161,443 | +€34,747 | +27.4% |
| Taxes | 450/3 | €54,571 | €75,934 | +€21,363 | +39.1% |
| Remuneration and social security | 454/9 | €72,125 | €85,509 | +€13,384 | +18.6% |
| Other amounts payable | 47/48 | €35,811 | €0 | -€35,811 | -100.0% |
| Non-recurring operating income | 76A | - | €2,599 | +€2,599 | |
| Remuneration, social security and pensions | 62 | €570,513 | €582,905 | +€12,392 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,695 | €65,846 | +€31,151 | +89.8% |
| Other operating charges | 640/8 | €4,129 | €6,095 | +€1,967 | +47.6% |
| Non-recurring operating charges | 66A | - | €5,249 | +€5,249 | |
| Gross operating margin | 9900 | €721,639 | €673,454 | -€48,185 | -6.7% |
| Operating profit (loss) | 9901 | €112,302 | €13,359 | -€98,944 | -88.1% |
| Financial income | 75/76B | €615 | €474 | -€142 | -23.0% |
| Recurring financial income | 75 | €615 | €474 | -€142 | -23.0% |
| Financial charges | 65/66B | €4,558 | €2,500 | -€2,058 | -45.1% |
| Recurring financial charges | 65 | €4,558 | €2,500 | -€2,058 | -45.1% |
| Profit (loss) for the period before taxes | 9903 | €108,359 | €11,332 | -€97,027 | -89.5% |
| Income taxes | 67/77 | €40,187 | €7,462 | -€32,725 | -81.4% |
| Profit (loss) for the period | 9904 | €68,172 | €3,870 | -€64,302 | -94.3% |
| Profit (loss) for the period to be appropriated | 9905 | €68,172 | €3,870 | -€64,302 | -94.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.