COREMET: 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.
COREMET
Largest movements
- Receivables within one year -€128,329
down €128,329 (-61.8%), from €207,760 to €79,431
- Other debts -€103,065
down €103,065 (-47.7%), from €216,195 to €113,130
- Reserves -€14,767
down €14,767 (-17.8%), from €83,072 to €68,305
of which Distributable reserves: -€14,767
- Tax, wage and social debts -€11,870
down €11,870 (-94.3%), from €12,588 to €718
of which Remuneration and social security: -€12,000
- Gross operating margin -€14,564
down €14,564, from €404 to -€14,160
- Financial income +€4,680
up €4,680 (+963.4%), from €486 to €5,166
- Financial charges -€3,448
down €3,448 (-68.6%), from €5,027 to €1,579
- Other operating charges -€2,080
down €2,080 (-64.8%), from €3,212 to €1,132
- Taxes -€158
down €158 (-27.6%), from €574 to €416
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €349,861 | €218,904 | -€130,958 | -37.4% |
| Fixed assets | 21/28 | €58,204 | €55,559 | -€2,646 | -4.5% |
| Tangible fixed assets | 22/27 | €58,204 | €55,559 | -€2,646 | -4.5% |
| Land and buildings | 22 | €58,204 | €55,559 | -€2,646 | -4.5% |
| Current assets | 29/58 | €291,657 | €163,345 | -€128,312 | -44.0% |
| Stocks and contracts in progress | 3 | €83,866 | €83,866 | = | 0.0% |
| Stocks | 30/36 | €83,866 | €83,866 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €207,760 | €79,431 | -€128,329 | -61.8% |
| Other amounts receivable | 41 | €207,760 | €79,431 | -€128,329 | -61.8% |
| Cash at bank and in hand | 54/58 | €31 | €48 | +€17 | +53.0% |
| Total equity and liabilities | 10/49 | €349,861 | €218,904 | -€130,958 | -37.4% |
| Equity | 10/15 | €101,672 | €86,905 | -€14,767 | -14.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €83,072 | €68,305 | -€14,767 | -17.8% |
| 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 | €81,212 | €66,445 | -€14,767 | -18.2% |
| Amounts payable | 17/49 | €248,190 | €131,998 | -€116,191 | -46.8% |
| Amounts payable after more than one year | 17 | €12,794 | €9,823 | -€2,971 | -23.2% |
| Financial debts | 170/4 | €12,794 | €9,823 | -€2,971 | -23.2% |
| Amounts payable within one year | 42/48 | €235,395 | €122,175 | -€113,220 | -48.1% |
| Current portion of amounts payable after more than one year | 42 | €2,743 | €2,965 | +€222 | +8.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,869 | €5,362 | +€1,493 | +38.6% |
| Suppliers | 440/4 | €3,869 | €5,362 | +€1,493 | +38.6% |
| Taxes, remuneration and social security | 45 | €12,588 | €718 | -€11,870 | -94.3% |
| Taxes | 450/3 | €588 | €718 | +€130 | +22.1% |
| Remuneration and social security | 454/9 | €12,000 | - | -€12,000 | |
| Other amounts payable | 47/48 | €216,195 | €113,130 | -€103,065 | -47.7% |
| Non-recurring operating income | 76A | €18,014 | - | -€18,014 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,646 | €2,646 | = | 0.0% |
| Other operating charges | 640/8 | €3,212 | €1,132 | -€2,080 | -64.8% |
| Gross operating margin | 9900 | €404 | -€14,160 | -€14,564 | |
| Operating profit (loss) | 9901 | -€5,453 | -€17,938 | -€12,484 | -228.9% |
| Financial income | 75/76B | €486 | €5,166 | +€4,680 | +963.4% |
| Recurring financial income | 75 | €486 | €5,166 | +€4,680 | +963.4% |
| Financial charges | 65/66B | €5,027 | €1,579 | -€3,448 | -68.6% |
| Recurring financial charges | 65 | €5,027 | €1,579 | -€3,448 | -68.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,995 | -€14,351 | -€4,356 | -43.6% |
| Income taxes | 67/77 | €574 | €416 | -€158 | -27.6% |
| Profit (loss) for the period | 9904 | -€10,569 | -€14,767 | -€4,197 | -39.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,569 | -€14,767 | -€4,197 | -39.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.