COREBA: 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.
COREBA
Largest movements
- Receivables within one year +€19,584
up €19,584 (+70.2%), from €27,906 to €47,490
of which Other amounts receivable: +€18,687
- Cash -€10,889
down €10,889 (-39.9%), from €27,293 to €16,404
mainly Receivables within one year (-€19,584) and Trade debts (-€4,912)
- Tangible fixed assets -€1,296
no longer reported in 2025 (was €1,296)
of which Plant, machinery and equipment: -€725
- Profit (loss) carried forward +€9,228
up €9,228 (+25.8%), from €35,758 to €44,986
- Trade debts -€4,912
down €4,912 (-48.5%), from €10,122 to €5,210
- Tax, wage and social debts +€2,887
new in 2025: €2,887
- Gross operating margin -€4,314
down €4,314 (-23.1%), from €18,686 to €14,372
- Taxes +€2,887
new in 2025: €2,887
- Other operating charges +€569
up €569 (+618.0%), from €92 to €661
- Financial income -€361
no longer reported in 2025 (was €361)
- Depreciation -€302
down €302 (-18.9%), from €1,598 to €1,296
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 | €56,987 | €64,247 | +€7,259 | +12.7% |
| Fixed assets | 21/28 | €1,346 | €50 | -€1,296 | -96.3% |
| Tangible fixed assets | 22/27 | €1,296 | - | -€1,296 | |
| Plant, machinery and equipment | 23 | €725 | - | -€725 | |
| Furniture and vehicles | 24 | €571 | - | -€571 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €55,642 | €64,197 | +€8,555 | +15.4% |
| Amounts receivable within one year | 40/41 | €27,906 | €47,490 | +€19,584 | +70.2% |
| Trade receivables | 40 | €5,738 | €6,634 | +€897 | +15.6% |
| Other amounts receivable | 41 | €22,168 | €40,855 | +€18,687 | +84.3% |
| Cash at bank and in hand | 54/58 | €27,293 | €16,404 | -€10,889 | -39.9% |
| Deferred charges and accrued income | 490/1 | €443 | €303 | -€140 | -31.6% |
| Total equity and liabilities | 10/49 | €56,987 | €64,247 | +€7,259 | +12.7% |
| Equity | 10/15 | €45,618 | €54,846 | +€9,228 | +20.2% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,758 | €44,986 | +€9,228 | +25.8% |
| Amounts payable | 17/49 | €11,370 | €9,401 | -€1,968 | -17.3% |
| Amounts payable within one year | 42/48 | €11,370 | €9,401 | -€1,968 | -17.3% |
| Trade debts | 44 | €10,122 | €5,210 | -€4,912 | -48.5% |
| Suppliers | 440/4 | €10,122 | €5,210 | -€4,912 | -48.5% |
| Taxes, remuneration and social security | 45 | - | €2,887 | +€2,887 | |
| Taxes | 450/3 | - | €2,887 | +€2,887 | |
| Other amounts payable | 47/48 | €1,248 | €1,304 | +€56 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,598 | €1,296 | -€302 | -18.9% |
| Other operating charges | 640/8 | €92 | €661 | +€569 | +618.0% |
| Gross operating margin | 9900 | €18,686 | €14,372 | -€4,314 | -23.1% |
| Operating profit (loss) | 9901 | €16,996 | €12,415 | -€4,581 | -27.0% |
| Financial income | 75/76B | €361 | - | -€361 | |
| Recurring financial income | 75 | €361 | - | -€361 | |
| Financial charges | 65/66B | €245 | €299 | +€54 | +22.1% |
| Recurring financial charges | 65 | €245 | €299 | +€54 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | €17,112 | €12,115 | -€4,997 | -29.2% |
| Income taxes | 67/77 | - | €2,887 | +€2,887 | |
| Profit (loss) for the period | 9904 | €17,112 | €9,228 | -€7,884 | -46.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,112 | €9,228 | -€7,884 | -46.1% |
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 8 October 2026 via checked.be.