CORBUROHE: 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.
CORBUROHE
Largest movements
- Tangible fixed assets +€1.3m
up €1.3m (+71.8%), from €1.8m to €3.1m
of which Land and buildings: +€1.3m
- Cash -€501,441
down €501,441 (-45.8%), from €1.1m to €593,894
mainly Investment in fixed assets (net) (-€1.5m) and Receivables within one year (-€62,323)
- Receivables within one year +€62,323
up €62,323 (+241%), from €25,867 to €88,190
of which Other amounts receivable: +€62,820
- Debts after one year +€637,733
up €637,733 (+23.7%), from €2.7m to €3.3m
- Other debts +€149,702
up €149,702 (+62.0%), from €241,494 to €391,196
- Gross operating margin +€111,925
up €111,925 (+57.9%), from €193,196 to €305,121
- Depreciation +€77,231
up €77,231 (+49.5%), from €155,937 to €233,168
- Financial charges +€33,232
up €33,232 (+61.5%), from €54,010 to €87,243
- Financial income +€8,581
up €8,581 (+44.9%), from €19,103 to €27,684
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 | €3,265,500 | €4,099,563 | +€834,063 | +25.5% |
| Fixed assets | 21/28 | €1,798,405 | €3,089,809 | +€1.3m | +71.8% |
| Tangible fixed assets | 22/27 | €1,798,405 | €3,089,809 | +€1.3m | +71.8% |
| Land and buildings | 22 | €1,768,724 | €3,070,509 | +€1.3m | +73.6% |
| Furniture and vehicles | 24 | €4,166 | €2,513 | -€1,653 | -39.7% |
| Leasing and similar rights | 25 | €25,515 | €16,787 | -€8,727 | -34.2% |
| Current assets | 29/58 | €1,467,095 | €1,009,754 | -€457,341 | -31.2% |
| Amounts receivable within one year | 40/41 | €25,867 | €88,190 | +€62,323 | +241% |
| Trade receivables | 40 | €6,547 | €6,050 | -€497 | -7.6% |
| Other amounts receivable | 41 | €19,320 | €82,140 | +€62,820 | +325% |
| Current investments | 50/53 | €332,716 | €315,991 | -€16,725 | -5.0% |
| Cash at bank and in hand | 54/58 | €1,095,334 | €593,894 | -€501,441 | -45.8% |
| Deferred charges and accrued income | 490/1 | €13,178 | €11,680 | -€1,498 | -11.4% |
| Total equity and liabilities | 10/49 | €3,265,500 | €4,099,563 | +€834,063 | +25.5% |
| Equity | 10/15 | €237,320 | €241,912 | +€4,593 | +1.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €169,000 | €169,000 | = | 0.0% |
| Distributable reserves | 133 | €169,000 | €169,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,320 | €22,912 | +€4,593 | +25.1% |
| Amounts payable | 17/49 | €3,028,181 | €3,857,651 | +€829,470 | +27.4% |
| Amounts payable after more than one year | 17 | €2,691,653 | €3,329,386 | +€637,733 | +23.7% |
| Financial debts | 170/4 | €2,691,653 | €3,329,386 | +€637,733 | +23.7% |
| Amounts payable within one year | 42/48 | €332,537 | €528,265 | +€195,728 | +58.9% |
| Current portion of amounts payable after more than one year | 42 | €82,937 | €93,540 | +€10,603 | +12.8% |
| Trade debts | 44 | €3,842 | €22,526 | +€18,684 | +486% |
| Suppliers | 440/4 | €3,842 | €22,526 | +€18,684 | +486% |
| Taxes, remuneration and social security | 45 | €4,265 | €21,003 | +€16,738 | +392% |
| Taxes | 450/3 | €4,265 | €21,003 | +€16,738 | +392% |
| Other amounts payable | 47/48 | €241,494 | €391,196 | +€149,702 | +62.0% |
| Accrued charges and deferred income | 492/3 | €3,990 | - | -€3,990 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155,937 | €233,168 | +€77,231 | +49.5% |
| Other operating charges | 640/8 | €5,996 | €6,801 | +€805 | +13.4% |
| Non-recurring operating charges | 66A | €13,941 | - | -€13,941 | |
| Gross operating margin | 9900 | €193,196 | €305,121 | +€111,925 | +57.9% |
| Operating profit (loss) | 9901 | €17,322 | €65,152 | +€47,831 | +276% |
| Financial income | 75/76B | €19,103 | €27,684 | +€8,581 | +44.9% |
| Recurring financial income | 75 | €19,103 | €27,684 | +€8,581 | +44.9% |
| Financial charges | 65/66B | €54,010 | €87,243 | +€33,232 | +61.5% |
| Recurring financial charges | 65 | €54,010 | €87,243 | +€33,232 | +61.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,586 | €5,594 | +€23,180 | |
| Income taxes | 67/77 | €179 | €1,001 | +€822 | +459% |
| Profit (loss) for the period | 9904 | -€17,765 | €4,593 | +€22,358 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,765 | €4,593 | +€22,358 |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.