COREMI: 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.
COREMI
Largest movements
- Receivables within one year -€119,036
down €119,036 (-37.7%), from €315,713 to €196,677
of which Trade receivables: -€113,290
- Cash +€34,179
up €34,179 (+30.5%), from €112,227 to €146,406
mainly Receivables within one year (+€119,036) and Depreciation (+€7,657)
- Deferred charges and accrued income +€28,344
up €28,344 (+1701.4%), from €1,666 to €30,010
- Tangible fixed assets +€14,075
up €14,075 (+140.8%), from €9,995 to €24,070
of which Other tangible fixed assets: +€7,089
- Trade debts -€25,210
down €25,210 (-17.9%), from €140,509 to €115,299
- Profit (loss) carried forward -€7,812
down €7,812 (-8.0%), from €97,660 to €89,847
- Gross operating margin -€136,046
down €136,046 (-99.6%), from €136,543 to €497
- Taxes -€13,144
down €13,144, from €12,483 to -€661
- Depreciation -€5,781
down €5,781 (-43.0%), from €13,437 to €7,657
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 | €439,601 | €400,664 | -€38,938 | -8.9% |
| Fixed assets | 21/28 | €9,995 | €24,070 | +€14,075 | +140.8% |
| Tangible fixed assets | 22/27 | €9,995 | €24,070 | +€14,075 | +140.8% |
| Plant, machinery and equipment | 23 | €5,207 | €10,820 | +€5,613 | +107.8% |
| Furniture and vehicles | 24 | €4,788 | €6,161 | +€1,373 | +28.7% |
| Other tangible fixed assets | 26 | - | €7,089 | +€7,089 | |
| Current assets | 29/58 | €429,606 | €376,593 | -€53,013 | -12.3% |
| Amounts receivable after more than one year | 29 | - | €3,500 | +€3,500 | |
| Other amounts receivable | 291 | - | €3,500 | +€3,500 | |
| Amounts receivable within one year | 40/41 | €315,713 | €196,677 | -€119,036 | -37.7% |
| Trade receivables | 40 | €304,966 | €191,677 | -€113,290 | -37.1% |
| Other amounts receivable | 41 | €10,747 | €5,000 | -€5,747 | -53.5% |
| Cash at bank and in hand | 54/58 | €112,227 | €146,406 | +€34,179 | +30.5% |
| Deferred charges and accrued income | 490/1 | €1,666 | €30,010 | +€28,344 | +1701.4% |
| Total equity and liabilities | 10/49 | €439,601 | €400,664 | -€38,938 | -8.9% |
| Equity | 10/15 | €187,389 | €179,577 | -€7,812 | -4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,129 | €71,129 | = | 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 | €69,269 | €69,269 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,660 | €89,847 | -€7,812 | -8.0% |
| Amounts payable | 17/49 | €252,212 | €221,087 | -€31,125 | -12.3% |
| Amounts payable after more than one year | 17 | €21,758 | €19,724 | -€2,034 | -9.3% |
| Other amounts payable | 178/9 | €21,758 | €19,724 | -€2,034 | -9.3% |
| Amounts payable within one year | 42/48 | €230,454 | €201,363 | -€29,091 | -12.6% |
| Financial debts | 43 | - | €2 | +€2 | |
| Credit institutions | 430/8 | - | €2 | +€2 | |
| Trade debts | 44 | €140,509 | €115,299 | -€25,210 | -17.9% |
| Suppliers | 440/4 | €140,509 | €115,299 | -€25,210 | -17.9% |
| Taxes, remuneration and social security | 45 | €14,946 | €11,062 | -€3,883 | -26.0% |
| Taxes | 450/3 | €11,443 | €7,362 | -€4,081 | -35.7% |
| Remuneration and social security | 454/9 | €3,502 | €3,700 | +€198 | +5.6% |
| Other amounts payable | 47/48 | €75,000 | €75,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,437 | €7,657 | -€5,781 | -43.0% |
| Other operating charges | 640/8 | €1,479 | €1,566 | +€88 | +5.9% |
| Non-recurring operating charges | 66A | €10 | - | -€10 | |
| Gross operating margin | 9900 | €136,543 | €497 | -€136,046 | -99.6% |
| Operating profit (loss) | 9901 | €121,617 | -€8,725 | -€130,343 | |
| Financial income | 75/76B | €750 | €654 | -€96 | -12.8% |
| Recurring financial income | 75 | €750 | €654 | -€96 | -12.8% |
| Financial charges | 65/66B | €424 | €402 | -€22 | -5.2% |
| Recurring financial charges | 65 | €424 | €402 | -€22 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €121,944 | -€8,473 | -€130,417 | |
| Income taxes | 67/77 | €12,483 | -€661 | -€13,144 | |
| Profit (loss) for the period | 9904 | €109,461 | -€7,812 | -€117,273 | |
| Profit (loss) for the period to be appropriated | 9905 | €109,461 | -€7,812 | -€117,273 |
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.