CORENT: 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.
CORENT
Largest movements
- Receivables within one year -€235,828
down €235,828 (-84.5%), from €279,088 to €43,260
- Tangible fixed assets -€35,349
down €35,349 (-6.9%), from €510,829 to €475,480
- Profit (loss) carried forward -€157,233
down €157,233 (-46.1%), from €340,758 to €183,525
- Trade debts -€133,418
down €133,418 (-95.7%), from €139,468 to €6,050
- Other debts +€88,000
up €88,000 (+160.0%), from €55,000 to €143,000
- Tax, wage and social debts -€28,140
down €28,140 (-98.3%), from €28,630 to €490
- Accrued charges and deferred income -€14,500
down €14,500 (-65.9%), from €22,000 to €7,500
- Write-downs +€162,786
new in 2025: €162,786
- Depreciation +€3,294
up €3,294 (+10.3%), from €32,055 to €35,349
- Gross operating margin +€3,214
up €3,214 (+4.5%), from €71,721 to €74,935
- Taxes -€1,380
no longer reported in 2025 (was €1,380)
- Financial charges -€1,032
down €1,032 (-30.8%), from €3,349 to €2,318
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 | €822,600 | €550,825 | -€271,775 | -33.0% |
| Fixed assets | 21/28 | €510,829 | €475,480 | -€35,349 | -6.9% |
| Tangible fixed assets | 22/27 | €510,829 | €475,480 | -€35,349 | -6.9% |
| Land and buildings | 22 | €510,829 | €475,480 | -€35,349 | -6.9% |
| Current assets | 29/58 | €311,771 | €75,345 | -€236,426 | -75.8% |
| Amounts receivable within one year | 40/41 | €279,088 | €43,260 | -€235,828 | -84.5% |
| Trade receivables | 40 | €279,088 | €43,260 | -€235,828 | -84.5% |
| Cash at bank and in hand | 54/58 | €32,683 | €32,085 | -€598 | -1.8% |
| Total equity and liabilities | 10/49 | €822,600 | €550,825 | -€271,775 | -33.0% |
| Equity | 10/15 | €452,929 | €295,696 | -€157,233 | -34.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €50,197 | €50,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €44,000 | €44,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €340,758 | €183,525 | -€157,233 | -46.1% |
| Amounts payable | 17/49 | €369,671 | €255,129 | -€114,542 | -31.0% |
| Amounts payable after more than one year | 17 | €88,089 | €74,100 | -€13,989 | -15.9% |
| Financial debts | 170/4 | €88,089 | €64,100 | -€23,989 | -27.2% |
| Other amounts payable | 178/9 | - | €10,000 | +€10,000 | |
| Amounts payable within one year | 42/48 | €259,582 | €173,529 | -€86,053 | -33.2% |
| Current portion of amounts payable after more than one year | 42 | €36,484 | €23,989 | -€12,495 | -34.2% |
| Trade debts | 44 | €139,468 | €6,050 | -€133,418 | -95.7% |
| Suppliers | 440/4 | €139,468 | €6,050 | -€133,418 | -95.7% |
| Taxes, remuneration and social security | 45 | €28,630 | €490 | -€28,140 | -98.3% |
| Taxes | 450/3 | €28,630 | €490 | -€28,140 | -98.3% |
| Other amounts payable | 47/48 | €55,000 | €143,000 | +€88,000 | +160.0% |
| Accrued charges and deferred income | 492/3 | €22,000 | €7,500 | -€14,500 | -65.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,055 | €35,349 | +€3,294 | +10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €162,786 | +€162,786 | |
| Other operating charges | 640/8 | €30,798 | €31,716 | +€917 | +3.0% |
| Gross operating margin | 9900 | €71,721 | €74,935 | +€3,214 | +4.5% |
| Operating profit (loss) | 9901 | €8,868 | -€154,915 | -€163,783 | |
| Financial charges | 65/66B | €3,349 | €2,318 | -€1,032 | -30.8% |
| Recurring financial charges | 65 | €3,349 | €2,318 | -€1,032 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €5,519 | -€157,233 | -€162,751 | |
| Income taxes | 67/77 | €1,380 | - | -€1,380 | |
| Profit (loss) for the period | 9904 | €4,139 | -€157,233 | -€161,372 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,139 | -€157,233 | -€161,372 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.