CORDISTO: what changed
CORDISTO
Largest movements
- Cash +€59,422
up €59,422 (+31.6%), from €188,171 to €247,593
mainly Net result for the year (+€53,151) and Other debts (+€52,014)
- Receivables after one year -€40,000
down €40,000 (-50.0%), from €80,000 to €40,000
- Receivables within one year -€9,006
down €9,006 (-40.8%), from €22,074 to €13,068
of which Other amounts receivable: -€9,369
- Tangible fixed assets +€3,886
up €3,886 (+1,502%), from €259 to €4,144
of which Other tangible fixed assets: +€3,995
- Other debts +€52,014
up €52,014 (+116%), from €45,000 to €97,013
- Reserves -€49,491
down €49,491 (-21.8%), from €226,657 to €177,166
- Tax, wage and social debts +€8,585
up €8,585 (+41.6%), from €20,636 to €29,221
of which Remuneration and social security: +€6,750
- Trade debts +€4,819
up €4,819 (+649%), from €743 to €5,561
No income-statement line moved by more than 1% of the activity.
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €293,677 | €309,604 | +€15,927 | +5.4% |
| Fixed assets | 21/28 | €259 | €4,144 | +€3,886 | +1,502% |
| Tangible fixed assets | 22/27 | €259 | €4,144 | +€3,886 | +1,502% |
| Furniture and vehicles | 24 | €259 | €150 | -€109 | -42.1% |
| Other tangible fixed assets | 26 | - | €3,995 | +€3,995 | |
| Current assets | 29/58 | €293,418 | €305,459 | +€12,041 | +4.1% |
| Amounts receivable after more than one year | 29 | €80,000 | €40,000 | -€40,000 | -50.0% |
| Other amounts receivable | 291 | €80,000 | €40,000 | -€40,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €22,074 | €13,068 | -€9,006 | -40.8% |
| Trade receivables | 40 | €12,705 | €13,068 | +€363 | +2.9% |
| Other amounts receivable | 41 | €9,369 | - | -€9,369 | |
| Cash at bank and in hand | 54/58 | €188,171 | €247,593 | +€59,422 | +31.6% |
| Deferred charges and accrued income | 490/1 | €3,173 | €4,798 | +€1,625 | +51.2% |
| Total equity and liabilities | 10/49 | €293,677 | €309,604 | +€15,927 | +5.4% |
| Equity | 10/15 | €226,657 | €177,166 | -€49,491 | -21.8% |
| Reserves | 13 | €226,657 | €177,166 | -€49,491 | -21.8% |
| Distributable reserves | 133 | €226,657 | €177,166 | -€49,491 | -21.8% |
| Amounts payable | 17/49 | €67,020 | €132,437 | +€65,417 | +97.6% |
| Amounts payable within one year | 42/48 | €66,378 | €131,795 | +€65,417 | +98.6% |
| Trade debts | 44 | €743 | €5,561 | +€4,819 | +649% |
| Suppliers | 440/4 | €743 | €5,561 | +€4,819 | +649% |
| Taxes, remuneration and social security | 45 | €20,636 | €29,221 | +€8,585 | +41.6% |
| Taxes | 450/3 | €20,636 | €22,471 | +€1,835 | +8.9% |
| Remuneration and social security | 454/9 | - | €6,750 | +€6,750 | |
| Other amounts payable | 47/48 | €45,000 | €97,013 | +€52,014 | +116% |
| Accrued charges and deferred income | 492/3 | €642 | €642 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74 | €224 | +€149 | +200% |
| Other operating charges | 640/8 | €1,653 | €1,027 | -€627 | -37.9% |
| Gross operating margin | 9900 | €71,496 | €71,855 | +€359 | +0.5% |
| Operating profit (loss) | 9901 | €69,768 | €70,604 | +€836 | +1.2% |
| Financial income | 75/76B | €3,440 | €3,942 | +€502 | +14.6% |
| Recurring financial income | 75 | €3,440 | €3,942 | +€502 | +14.6% |
| Financial charges | 65/66B | €138 | €138 | +€0 | +0.2% |
| Recurring financial charges | 65 | €138 | €138 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €73,070 | €74,408 | +€1,338 | +1.8% |
| Income taxes | 67/77 | €20,981 | €21,257 | +€276 | +1.3% |
| Profit (loss) for the period | 9904 | €52,089 | €53,151 | +€1,062 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,089 | €53,151 | +€1,062 | +2.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.