CORCI: 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.
CORCI
Largest movements
- Current investments +€25,049
up €25,049 (+14.4%), from €174,149 to €199,198
- Cash -€19,329
down €19,329 (-75.8%), from €25,502 to €6,173
mainly Current investments (-€25,049) and Net result for the year (-€6,357)
- Receivables within one year -€5,216
down €5,216 (-96.5%), from €5,405 to €189
of which Trade receivables: -€3,211
- Other debts +€8,074
up €8,074 (+43.0%), from €18,773 to €26,847
- Profit (loss) carried forward -€6,357
down €6,357 (-2.1%), from -€300,706 to -€307,062
- Accrued charges and deferred income -€4,050
down €4,050 (-100.0%), from €4,050 to €0
- Tax, wage and social debts +€2,300
up €2,300, from €0 to €2,300
- Financial charges -€62,548
down €62,548 (-99.9%), from €62,638 to €91
- Gross operating margin +€17,776
up €17,776 (+80.5%), from -€22,076 to -€4,300
- Financial income -€2,544
down €2,544 (-86.2%), from €2,951 to €406
- Other operating charges +€238
up €238 (+38.9%), from €612 to €849
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 | €208,279 | €208,258 | -€21 | 0.0% |
| Fixed assets | 21/28 | €1,093 | €503 | -€590 | -54.0% |
| Tangible fixed assets | 22/27 | €1,093 | €503 | -€590 | -54.0% |
| Furniture and vehicles | 24 | €1,093 | €503 | -€590 | -54.0% |
| Current assets | 29/58 | €207,186 | €207,755 | +€569 | +0.3% |
| Amounts receivable within one year | 40/41 | €5,405 | €189 | -€5,216 | -96.5% |
| Trade receivables | 40 | €3,211 | €0 | -€3,211 | -100.0% |
| Other amounts receivable | 41 | €2,193 | €189 | -€2,004 | -91.4% |
| Current investments | 50/53 | €174,149 | €199,198 | +€25,049 | +14.4% |
| Cash at bank and in hand | 54/58 | €25,502 | €6,173 | -€19,329 | -75.8% |
| Deferred charges and accrued income | 490/1 | €2,130 | €2,195 | +€65 | +3.1% |
| Total equity and liabilities | 10/49 | €208,279 | €208,258 | -€21 | 0.0% |
| Equity | 10/15 | €184,065 | €177,708 | -€6,357 | -3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €466,170 | €466,170 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €466,170 | €466,170 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€300,706 | -€307,062 | -€6,357 | -2.1% |
| Amounts payable | 17/49 | €24,214 | €30,550 | +€6,336 | +26.2% |
| Amounts payable within one year | 42/48 | €20,164 | €30,550 | +€10,386 | +51.5% |
| Trade debts | 44 | €1,391 | €1,403 | +€12 | +0.8% |
| Suppliers | 440/4 | €1,391 | €1,403 | +€12 | +0.8% |
| Taxes, remuneration and social security | 45 | €0 | €2,300 | +€2,300 | |
| Taxes | 450/3 | €0 | €2,300 | +€2,300 | |
| Other amounts payable | 47/48 | €18,773 | €26,847 | +€8,074 | +43.0% |
| Accrued charges and deferred income | 492/3 | €4,050 | €0 | -€4,050 | -100.0% |
| Non-recurring operating income | 76A | - | €25,726 | +€25,726 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €699 | €590 | -€109 | -15.6% |
| Other operating charges | 640/8 | €612 | €849 | +€238 | +38.9% |
| Non-recurring operating charges | 66A | €28 | €0 | -€28 | -100.0% |
| Gross operating margin | 9900 | -€22,076 | -€4,300 | +€17,776 | +80.5% |
| Operating profit (loss) | 9901 | -€23,414 | -€5,740 | +€17,675 | +75.5% |
| Financial income | 75/76B | €2,951 | €406 | -€2,544 | -86.2% |
| Recurring financial income | 75 | €2,951 | €406 | -€2,544 | -86.2% |
| Financial charges | 65/66B | €62,638 | €91 | -€62,548 | -99.9% |
| Recurring financial charges | 65 | €62,638 | €91 | -€62,548 | -99.9% |
| Profit (loss) for the period before taxes | 9903 | -€83,102 | -€5,424 | +€77,678 | +93.5% |
| Income taxes | 67/77 | €1,146 | €933 | -€213 | -18.6% |
| Profit (loss) for the period | 9904 | -€84,248 | -€6,357 | +€77,891 | +92.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€84,248 | -€6,357 | +€77,891 | +92.5% |
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 28 September 2026 via checked.be.