COREMA BELGIUM: what changed
COREMA BELGIUM
Largest movements
- Receivables within one year +€29,460
up €29,460 (+66.4%), from €44,343 to €73,803
of which Trade receivables: +€23,208
- Cash -€15,602
down €15,602 (-87.3%), from €17,873 to €2,271
mainly Receivables within one year (-€29,460) and Investment in fixed assets (net) (-€57)
- Tangible fixed assets -€2,754
down €2,754 (-49.5%), from €5,564 to €2,810
of which Furniture and vehicles: -€1,930
- Deferred charges and accrued income -€1,550
no longer reported in 2025 (was €1,550)
- Trade debts +€8,186
up €8,186 (+26.1%), from €31,341 to €39,527
- Profit (loss) carried forward +€1,058
up €1,058 (+4.7%), from €22,521 to €23,579
- Gross operating margin -€10,875
down €10,875 (-71.7%), from €15,159 to €4,284
- Depreciation -€3,492
down €3,492 (-55.9%), from €6,246 to €2,754
- Other operating charges -€1,719
down €1,719 (-70.1%), from €2,451 to €732
- Financial income +€675
up €675 (+558%), from €121 to €796
- Taxes +€194
new in 2025: €194
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 | €70,790 | €80,401 | +€9,611 | +13.6% |
| Fixed assets | 21/28 | €7,024 | €4,327 | -€2,697 | -38.4% |
| Tangible fixed assets | 22/27 | €5,564 | €2,810 | -€2,754 | -49.5% |
| Plant, machinery and equipment | 23 | €1,080 | €256 | -€824 | -76.3% |
| Furniture and vehicles | 24 | €4,484 | €2,554 | -€1,930 | -43.0% |
| Financial fixed assets | 28 | €1,460 | €1,517 | +€57 | +3.9% |
| Current assets | 29/58 | €63,766 | €76,074 | +€12,308 | +19.3% |
| Amounts receivable within one year | 40/41 | €44,343 | €73,803 | +€29,460 | +66.4% |
| Trade receivables | 40 | €23,498 | €46,706 | +€23,208 | +98.8% |
| Other amounts receivable | 41 | €20,845 | €27,097 | +€6,252 | +30.0% |
| Cash at bank and in hand | 54/58 | €17,873 | €2,271 | -€15,602 | -87.3% |
| Deferred charges and accrued income | 490/1 | €1,550 | - | -€1,550 | |
| Total equity and liabilities | 10/49 | €70,790 | €80,401 | +€9,611 | +13.6% |
| Equity | 10/15 | €36,781 | €37,839 | +€1,058 | +2.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 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 | €22,521 | €23,579 | +€1,058 | +4.7% |
| Amounts payable | 17/49 | €34,009 | €42,562 | +€8,553 | +25.1% |
| Amounts payable within one year | 42/48 | €34,009 | €42,562 | +€8,553 | +25.1% |
| Trade debts | 44 | €31,341 | €39,527 | +€8,186 | +26.1% |
| Suppliers | 440/4 | €31,341 | €39,527 | +€8,186 | +26.1% |
| Taxes, remuneration and social security | 45 | - | €195 | +€195 | |
| Taxes | 450/3 | - | €195 | +€195 | |
| Other amounts payable | 47/48 | €2,668 | €2,840 | +€172 | +6.4% |
| Non-recurring operating income | 76A | €4,756 | - | -€4,756 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,246 | €2,754 | -€3,492 | -55.9% |
| Other operating charges | 640/8 | €2,451 | €732 | -€1,719 | -70.1% |
| Gross operating margin | 9900 | €15,159 | €4,284 | -€10,875 | -71.7% |
| Operating profit (loss) | 9901 | €6,462 | €798 | -€5,664 | -87.7% |
| Financial income | 75/76B | €121 | €796 | +€675 | +558% |
| Recurring financial income | 75 | €121 | €796 | +€675 | +558% |
| Financial charges | 65/66B | €327 | €342 | +€15 | +4.6% |
| Recurring financial charges | 65 | €327 | €342 | +€15 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €6,256 | €1,252 | -€5,004 | -80.0% |
| Income taxes | 67/77 | - | €194 | +€194 | |
| Profit (loss) for the period | 9904 | €6,256 | €1,058 | -€5,198 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,256 | €1,058 | -€5,198 | -83.1% |
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 4 November 2026 via checked.be.