COREAL: 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.
COREAL
Largest movements
- Receivables within one year +€396,090
up €396,090 (+3249.0%), from €12,191 to €408,281
of which Other amounts receivable: +€396,415
- Tangible fixed assets -€170,486
no longer reported in 2025 (was €170,486)
- Stocks and contracts +€100,228
up €100,228 (+1037.4%), from €9,661 to €109,889
- Profit (loss) carried forward +€301,764
up €301,764 (+21.3%), from €1.4m to €1.7m
- Current portion of long-term debt +€80,000
new in 2025: €80,000
- Other debts -€64,150
down €64,150 (-54.7%), from €117,241 to €53,091
- Gross operating margin +€403,003
up €403,003, from -€6,692 to €396,311
- Taxes +€88,697
new in 2025: €88,697
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 | €1,644,129 | €1,971,429 | +€327,300 | +19.9% |
| Fixed assets | 21/28 | €1,622,208 | €1,451,722 | -€170,486 | -10.5% |
| Intangible fixed assets | 21 | €1,451,722 | €1,451,722 | = | 0.0% |
| Tangible fixed assets | 22/27 | €170,486 | - | -€170,486 | |
| Land and buildings | 22 | €170,486 | - | -€170,486 | |
| Current assets | 29/58 | €21,921 | €519,707 | +€497,786 | +2270.8% |
| Stocks and contracts in progress | 3 | €9,661 | €109,889 | +€100,228 | +1037.4% |
| Stocks | 30/36 | €9,661 | €109,889 | +€100,228 | +1037.4% |
| Amounts receivable within one year | 40/41 | €12,191 | €408,281 | +€396,090 | +3249.0% |
| Trade receivables | 40 | €325 | - | -€325 | |
| Other amounts receivable | 41 | €11,866 | €408,281 | +€396,415 | +3340.8% |
| Cash at bank and in hand | 54/58 | €69 | €1,289 | +€1,220 | +1768.1% |
| Deferred charges and accrued income | 490/1 | - | €248 | +€248 | |
| Total equity and liabilities | 10/49 | €1,644,129 | €1,971,429 | +€327,300 | +19.9% |
| Equity | 10/15 | €1,526,724 | €1,828,488 | +€301,764 | +19.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,703 | €10,703 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,703 | €10,703 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €703 | €703 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,416,021 | €1,717,785 | +€301,764 | +21.3% |
| Amounts payable | 17/49 | €117,405 | €142,941 | +€25,536 | +21.8% |
| Amounts payable within one year | 42/48 | €117,405 | €142,941 | +€25,536 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | - | €80,000 | +€80,000 | |
| Trade debts | 44 | €160 | €1,149 | +€989 | +618.1% |
| Suppliers | 440/4 | €160 | €1,149 | +€989 | +618.1% |
| Taxes, remuneration and social security | 45 | €4 | €8,701 | +€8,697 | +217425.0% |
| Taxes | 450/3 | €4 | €8,701 | +€8,697 | +217425.0% |
| Other amounts payable | 47/48 | €117,241 | €53,091 | -€64,150 | -54.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,319 | - | -€3,319 | |
| Other operating charges | 640/8 | €3,558 | €5,413 | +€1,855 | +52.1% |
| Gross operating margin | 9900 | -€6,692 | €396,311 | +€403,003 | |
| Operating profit (loss) | 9901 | -€13,569 | €390,898 | +€404,467 | |
| Financial income | 75/76B | €50 | - | -€50 | |
| Recurring financial income | 75 | €50 | - | -€50 | |
| Financial charges | 65/66B | €214 | €436 | +€222 | +103.7% |
| Recurring financial charges | 65 | €214 | €436 | +€222 | +103.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,733 | €390,462 | +€404,195 | |
| Income taxes | 67/77 | - | €88,697 | +€88,697 | |
| Profit (loss) for the period | 9904 | -€13,733 | €301,765 | +€315,498 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,733 | €301,765 | +€315,498 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.