CORCATANN: 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.
CORCATANN
Largest movements
- Tangible fixed assets -€10,645
down €10,645 (-14.4%), from €73,993 to €63,349
- Cash +€8,228
up €8,228 (+14.1%), from €58,491 to €66,719
mainly Depreciation (+€13,201) and Net result for the year (+€6,020)
- Receivables within one year +€3,057
up €3,057 (+50.1%), from €6,108 to €9,165
- Debts after one year -€6,100
down €6,100 (-32.9%), from €18,542 to €12,442
- Reserves +€6,020
up €6,020 (+19.2%), from €31,312 to €37,332
of which Distributable reserves: +€6,020
- Gross operating margin -€11,189
down €11,189 (-29.4%), from €38,071 to €26,883
- Taxes -€2,345
down €2,345 (-39.8%), from €5,892 to €3,547
- Depreciation -€1,316
down €1,316 (-9.1%), from €14,517 to €13,201
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,892 | €139,533 | +€641 | +0.5% |
| Fixed assets | 21/28 | €74,293 | €63,649 | -€10,645 | -14.3% |
| Tangible fixed assets | 22/27 | €73,993 | €63,349 | -€10,645 | -14.4% |
| Land and buildings | 22 | €73,993 | €63,349 | -€10,645 | -14.4% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €64,599 | €75,884 | +€11,285 | +17.5% |
| Amounts receivable within one year | 40/41 | €6,108 | €9,165 | +€3,057 | +50.1% |
| Other amounts receivable | 41 | €6,108 | €9,165 | +€3,057 | +50.1% |
| Cash at bank and in hand | 54/58 | €58,491 | €66,719 | +€8,228 | +14.1% |
| Total equity and liabilities | 10/49 | €138,892 | €139,533 | +€641 | +0.5% |
| Equity | 10/15 | €106,812 | €112,832 | +€6,020 | +5.6% |
| Contributions | 10/11 | €75,500 | €75,500 | = | 0.0% |
| Capital | 10 | €75,500 | €75,500 | = | 0.0% |
| Issued capital | 100 | €75,500 | €75,500 | = | 0.0% |
| Reserves | 13 | €31,312 | €37,332 | +€6,020 | +19.2% |
| Non-distributable reserves | 130/1 | €7,550 | €7,550 | = | 0.0% |
| Legal reserve | 130 | €7,550 | €7,550 | = | 0.0% |
| Distributable reserves | 133 | €23,762 | €29,782 | +€6,020 | +25.3% |
| Amounts payable | 17/49 | €32,080 | €26,701 | -€5,379 | -16.8% |
| Amounts payable after more than one year | 17 | €18,542 | €12,442 | -€6,100 | -32.9% |
| Financial debts | 170/4 | €18,542 | €12,442 | -€6,100 | -32.9% |
| Amounts payable within one year | 42/48 | €12,038 | €12,759 | +€721 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €5,847 | €6,100 | +€253 | +4.3% |
| Trade debts | 44 | €239 | €102 | -€137 | -57.5% |
| Suppliers | 440/4 | €239 | €102 | -€137 | -57.5% |
| Taxes, remuneration and social security | 45 | €5,892 | €6,497 | +€605 | +10.3% |
| Taxes | 450/3 | €5,892 | €6,497 | +€605 | +10.3% |
| Other amounts payable | 47/48 | €60 | €60 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,517 | €13,201 | -€1,316 | -9.1% |
| Other operating charges | 640/8 | €2,979 | €3,100 | +€121 | +4.1% |
| Gross operating margin | 9900 | €38,071 | €26,883 | -€11,189 | -29.4% |
| Operating profit (loss) | 9901 | €20,575 | €10,582 | -€9,994 | -48.6% |
| Financial charges | 65/66B | €1,261 | €1,014 | -€246 | -19.5% |
| Recurring financial charges | 65 | €1,261 | €1,014 | -€246 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €19,315 | €9,567 | -€9,747 | -50.5% |
| Income taxes | 67/77 | €5,892 | €3,547 | -€2,345 | -39.8% |
| Profit (loss) for the period | 9904 | €13,422 | €6,020 | -€7,402 | -55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,422 | €6,020 | -€7,402 | -55.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.