Corelan Consulting: 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.
Corelan Consulting
Largest movements
- Current investments +€135,549
up €135,549 (+192.8%), from €70,320 to €205,868
- Cash -€41,939
down €41,939 (-33.8%), from €124,085 to €82,146
mainly Current investments (-€135,549) and Contributions, distributions and other (-€40,000)
- Receivables within one year -€22,265
down €22,265 (-43.5%), from €51,202 to €28,938
of which Trade receivables: -€19,139
- Reserves +€76,891
up €76,891 (+42.8%), from €179,839 to €256,730
of which Distributable reserves: +€76,891
- Profit (loss) carried forward -€13,694
no longer reported in 2025 (was €13,694)
- Other debts +€4,500
up €4,500 (+12.7%), from €35,500 to €40,000
- Other operating charges -€6,818
down €6,818 (-89.5%), from €7,620 to €802
- Gross operating margin -€2,637
down €2,637 (-1.8%), from €146,279 to €143,642
- Financial income +€1,763
up €1,763 (+168.1%), from €1,049 to €2,813
- Depreciation +€1,597
up €1,597 (+69.4%), from €2,300 to €3,896
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 | €267,973 | €337,878 | +€69,904 | +26.1% |
| Fixed assets | 21/28 | €22,189 | €20,893 | -€1,296 | -5.8% |
| Intangible fixed assets | 21 | €2,000 | €2,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €20,189 | €18,893 | -€1,296 | -6.4% |
| Land and buildings | 22 | €10,627 | €11,646 | +€1,019 | +9.6% |
| Furniture and vehicles | 24 | €9,562 | €7,247 | -€2,316 | -24.2% |
| Current assets | 29/58 | €245,784 | €316,985 | +€71,201 | +29.0% |
| Amounts receivable within one year | 40/41 | €51,202 | €28,938 | -€22,265 | -43.5% |
| Trade receivables | 40 | €29,182 | €10,043 | -€19,139 | -65.6% |
| Other amounts receivable | 41 | €22,020 | €18,895 | -€3,126 | -14.2% |
| Current investments | 50/53 | €70,320 | €205,868 | +€135,549 | +192.8% |
| Cash at bank and in hand | 54/58 | €124,085 | €82,146 | -€41,939 | -33.8% |
| Deferred charges and accrued income | 490/1 | €177 | €33 | -€144 | -81.5% |
| Total equity and liabilities | 10/49 | €267,973 | €337,878 | +€69,904 | +26.1% |
| Equity | 10/15 | €212,133 | €275,330 | +€63,197 | +29.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €179,839 | €256,730 | +€76,891 | +42.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €177,979 | €254,870 | +€76,891 | +43.2% |
| Profit (loss) carried forward | 14 | €13,694 | - | -€13,694 | |
| Amounts payable | 17/49 | €55,840 | €62,547 | +€6,707 | +12.0% |
| Amounts payable within one year | 42/48 | €55,840 | €62,547 | +€6,707 | +12.0% |
| Trade debts | 44 | €7,940 | €9,219 | +€1,279 | +16.1% |
| Suppliers | 440/4 | €7,940 | €9,219 | +€1,279 | +16.1% |
| Taxes, remuneration and social security | 45 | €12,400 | €13,328 | +€928 | +7.5% |
| Taxes | 450/3 | €12,400 | €13,328 | +€928 | +7.5% |
| Other amounts payable | 47/48 | €35,500 | €40,000 | +€4,500 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,300 | €3,896 | +€1,597 | +69.4% |
| Other operating charges | 640/8 | €7,620 | €802 | -€6,818 | -89.5% |
| Gross operating margin | 9900 | €146,279 | €143,642 | -€2,637 | -1.8% |
| Operating profit (loss) | 9901 | €136,359 | €138,943 | +€2,584 | +1.9% |
| Financial income | 75/76B | €1,049 | €2,813 | +€1,763 | +168.1% |
| Recurring financial income | 75 | €1,049 | €2,813 | +€1,763 | +168.1% |
| Financial charges | 65/66B | €274 | €161 | -€114 | -41.4% |
| Recurring financial charges | 65 | €274 | €161 | -€114 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | €137,135 | €141,595 | +€4,461 | +3.3% |
| Income taxes | 67/77 | €37,551 | €38,398 | +€848 | +2.3% |
| Profit (loss) for the period | 9904 | €99,584 | €103,197 | +€3,613 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €99,584 | €103,197 | +€3,613 | +3.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.