CORDIER CONTRACTING: 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.
CORDIER CONTRACTING
Largest movements
- Receivables after one year -€463,300
down €463,300 (-81.9%), from €565,891 to €102,591
- Receivables within one year -€74,001
down €74,001 (-48.9%), from €151,243 to €77,241
of which Other amounts receivable: -€48,494
- Tangible fixed assets +€21,287
up €21,287 (+4.3%), from €497,150 to €518,437
of which Furniture and vehicles: +€37,108
- Cash -€16,876
down €16,876 (-88.3%), from €19,108 to €2,232
mainly Contributions, distributions and other (-€510,000) and Debts after one year (-€128,444)
- Profit (loss) carried forward -€409,171
down €409,171 (-55.3%), from €739,985 to €330,814
- Debts after one year -€128,444
down €128,444 (-42.6%), from €301,672 to €173,228
- Gross operating margin +€72,092
up €72,092 (+61.4%), from €117,374 to €189,465
- Depreciation +€21,687
up €21,687 (+119%), from €18,283 to €39,969
- Taxes +€16,021
up €16,021 (+89.5%), from €17,902 to €33,923
- Financial charges +€5,185
up €5,185 (+118%), from €4,405 to €9,590
- Other operating charges -€2,554
down €2,554 (-33.0%), from €7,746 to €5,192
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 | €1,252,983 | €712,969 | -€540,014 | -43.1% |
| Fixed assets | 21/28 | €497,150 | €518,437 | +€21,287 | +4.3% |
| Tangible fixed assets | 22/27 | €497,150 | €518,437 | +€21,287 | +4.3% |
| Land and buildings | 22 | €470,594 | €455,413 | -€15,181 | -3.2% |
| Plant, machinery and equipment | 23 | €4,130 | €3,491 | -€640 | -15.5% |
| Furniture and vehicles | 24 | €22,425 | €59,533 | +€37,108 | +165% |
| Current assets | 29/58 | €755,833 | €194,532 | -€561,301 | -74.3% |
| Amounts receivable after more than one year | 29 | €565,891 | €102,591 | -€463,300 | -81.9% |
| Other amounts receivable | 291 | €565,891 | €102,591 | -€463,300 | -81.9% |
| Amounts receivable within one year | 40/41 | €151,243 | €77,241 | -€74,001 | -48.9% |
| Trade receivables | 40 | €74,555 | €49,047 | -€25,507 | -34.2% |
| Other amounts receivable | 41 | €76,688 | €28,194 | -€48,494 | -63.2% |
| Cash at bank and in hand | 54/58 | €19,108 | €2,232 | -€16,876 | -88.3% |
| Deferred charges and accrued income | 490/1 | €19,591 | €12,467 | -€7,124 | -36.4% |
| Total equity and liabilities | 10/49 | €1,252,983 | €712,969 | -€540,014 | -43.1% |
| Equity | 10/15 | €808,185 | €399,014 | -€409,171 | -50.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €739,985 | €330,814 | -€409,171 | -55.3% |
| Amounts payable | 17/49 | €444,798 | €313,955 | -€130,844 | -29.4% |
| Amounts payable after more than one year | 17 | €301,672 | €173,228 | -€128,444 | -42.6% |
| Financial debts | 170/4 | €301,672 | €173,228 | -€128,444 | -42.6% |
| Amounts payable within one year | 42/48 | €143,126 | €140,726 | -€2,399 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €119,349 | €118,444 | -€905 | -0.8% |
| Trade debts | 44 | €5,199 | €1,262 | -€3,937 | -75.7% |
| Suppliers | 440/4 | €5,199 | €1,262 | -€3,937 | -75.7% |
| Taxes, remuneration and social security | 45 | - | €166 | +€166 | |
| Taxes | 450/3 | - | €166 | +€166 | |
| Other amounts payable | 47/48 | €18,578 | €20,854 | +€2,277 | +12.3% |
| Non-recurring operating income | 76A | - | €3,719 | +€3,719 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,283 | €39,969 | +€21,687 | +119% |
| Other operating charges | 640/8 | €7,746 | €5,192 | -€2,554 | -33.0% |
| Gross operating margin | 9900 | €117,374 | €189,465 | +€72,092 | +61.4% |
| Operating profit (loss) | 9901 | €91,344 | €144,304 | +€52,960 | +58.0% |
| Financial income | 75/76B | €1,546 | €39 | -€1,508 | -97.5% |
| Recurring financial income | 75 | €1,546 | €39 | -€1,508 | -97.5% |
| Financial charges | 65/66B | €4,405 | €9,590 | +€5,185 | +118% |
| Recurring financial charges | 65 | €4,405 | €9,590 | +€5,185 | +118% |
| Profit (loss) for the period before taxes | 9903 | €88,486 | €134,752 | +€46,266 | +52.3% |
| Income taxes | 67/77 | €17,902 | €33,923 | +€16,021 | +89.5% |
| Profit (loss) for the period | 9904 | €70,584 | €100,829 | +€30,245 | +42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €70,584 | €100,829 | +€30,245 | +42.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.