CORELI: 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.
CORELI
Largest movements
- Tangible fixed assets -€7,809
down €7,809 (-24.3%), from €32,177 to €24,368
of which Leasing and similar rights: -€6,910
- Receivables within one year +€7,263
up €7,263 (+26.0%), from €27,917 to €35,180
of which Trade receivables: +€8,685
- Cash -€6,297
down €6,297 (-71.0%), from €8,865 to €2,568
mainly Receivables within one year (-€7,263) and Debts after one year (-€6,421)
- Debts after one year -€6,421
down €6,421 (-32.3%), from €19,870 to €13,449
- Tax, wage and social debts -€3,092
down €3,092 (-71.2%), from €4,342 to €1,250
of which Taxes: -€2,792
- Trade debts +€1,149
up €1,149 (+34.2%), from €3,359 to €4,508
- Profit (loss) carried forward +€1,100
up €1,100 (+17.4%), from €6,328 to €7,428
- Turnover -€15,456
down €15,456 (-17.0%), from €91,106 to €75,650
- Purchases and services -€14,862
down €14,862 (-19.2%), from €77,347 to €62,485
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 | €68,959 | €62,116 | -€6,843 | -9.9% |
| Fixed assets | 21/28 | €32,177 | €24,368 | -€7,809 | -24.3% |
| Tangible fixed assets | 22/27 | €32,177 | €24,368 | -€7,809 | -24.3% |
| Plant, machinery and equipment | 23 | €2,940 | €3,056 | +€116 | +3.9% |
| Furniture and vehicles | 24 | €4,769 | €3,754 | -€1,015 | -21.3% |
| Leasing and similar rights | 25 | €24,468 | €17,558 | -€6,910 | -28.2% |
| Current assets | 29/58 | €36,782 | €37,748 | +€966 | +2.6% |
| Amounts receivable within one year | 40/41 | €27,917 | €35,180 | +€7,263 | +26.0% |
| Trade receivables | 40 | €3,815 | €12,500 | +€8,685 | +228% |
| Other amounts receivable | 41 | €24,102 | €22,680 | -€1,422 | -5.9% |
| Cash at bank and in hand | 54/58 | €8,865 | €2,568 | -€6,297 | -71.0% |
| Total equity and liabilities | 10/49 | €68,959 | €62,116 | -€6,843 | -9.9% |
| Equity | 10/15 | €35,388 | €36,488 | +€1,100 | +3.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,860 | €22,860 | = | 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% |
| Distributable reserves | 133 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,328 | €7,428 | +€1,100 | +17.4% |
| Amounts payable | 17/49 | €33,571 | €25,628 | -€7,943 | -23.7% |
| Amounts payable after more than one year | 17 | €19,870 | €13,449 | -€6,421 | -32.3% |
| Financial debts | 170/4 | €19,870 | €13,449 | -€6,421 | -32.3% |
| Amounts payable within one year | 42/48 | €13,701 | €12,179 | -€1,522 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €6,421 | +€421 | +7.0% |
| Trade debts | 44 | €3,359 | €4,508 | +€1,149 | +34.2% |
| Suppliers | 440/4 | €3,359 | €4,508 | +€1,149 | +34.2% |
| Taxes, remuneration and social security | 45 | €4,342 | €1,250 | -€3,092 | -71.2% |
| Taxes | 450/3 | €3,042 | €250 | -€2,792 | -91.8% |
| Remuneration and social security | 454/9 | €1,300 | €1,000 | -€300 | -23.1% |
| Turnover | 70 | €91,106 | €75,650 | -€15,456 | -17.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €77,347 | €62,485 | -€14,862 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,334 | €8,779 | +€445 | +5.3% |
| Other operating charges | 640/8 | €925 | €1,145 | +€220 | +23.8% |
| Gross operating margin | 9900 | €13,759 | €13,165 | -€594 | -4.3% |
| Operating profit (loss) | 9901 | €4,500 | €3,241 | -€1,259 | -28.0% |
| Financial income | 75/76B | €74 | €28 | -€46 | -62.2% |
| Recurring financial income | 75 | €74 | €28 | -€46 | -62.2% |
| Financial charges | 65/66B | €2,227 | €1,889 | -€338 | -15.2% |
| Recurring financial charges | 65 | €2,227 | €1,889 | -€338 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €2,347 | €1,380 | -€967 | -41.2% |
| Income taxes | 67/77 | €654 | €280 | -€374 | -57.2% |
| Profit (loss) for the period | 9904 | €1,693 | €1,100 | -€593 | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,693 | €1,100 | -€593 | -35.0% |
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 24 October 2026 via checked.be.