CORESERVICE: 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.
CORESERVICE
Largest movements
- Receivables within one year -€4,868
down €4,868 (-89.9%), from €5,415 to €547
of which Trade receivables: -€5,310
- Tangible fixed assets +€1,113
up €1,113 (+35.5%), from €3,135 to €4,247
of which Plant, machinery and equipment: +€2,075
- Cash +€980
up €980 (+64.7%), from €1,515 to €2,495
mainly Receivables within one year (+€4,868) and Other debts (+€2,211)
- Profit (loss) carried forward -€4,886
down €4,886 (-7.2%), from -€67,659 to -€72,545
- Other debts +€2,211
up €2,211 (+10.5%), from €21,146 to €23,357
- Tax, wage and social debts -€448
no longer reported in 2025 (was €448)
- Trade debts +€349
up €349 (+13.0%), from €2,676 to €3,025
- Gross operating margin -€6,402
down €6,402, from €3,540 to -€2,862
- Financial charges -€1,982
down €1,982 (-96.5%), from €2,054 to €72
of which Non-recurring financial charges: -€1,986
- Depreciation +€464
up €464 (+32.1%), from €1,443 to €1,906
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 | €10,064 | €7,289 | -€2,775 | -27.6% |
| Fixed assets | 21/28 | €3,135 | €4,247 | +€1,113 | +35.5% |
| Tangible fixed assets | 22/27 | €3,135 | €4,247 | +€1,113 | +35.5% |
| Plant, machinery and equipment | 23 | €1,974 | €4,050 | +€2,075 | +105.1% |
| Furniture and vehicles | 24 | €1,160 | €198 | -€963 | -83.0% |
| Current assets | 29/58 | €6,930 | €3,042 | -€3,888 | -56.1% |
| Amounts receivable within one year | 40/41 | €5,415 | €547 | -€4,868 | -89.9% |
| Trade receivables | 40 | €5,310 | - | -€5,310 | |
| Other amounts receivable | 41 | €105 | €547 | +€442 | +420.5% |
| Cash at bank and in hand | 54/58 | €1,515 | €2,495 | +€980 | +64.7% |
| Total equity and liabilities | 10/49 | €10,064 | €7,289 | -€2,775 | -27.6% |
| Equity | 10/15 | -€14,207 | -€19,093 | -€4,886 | -34.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €47,252 | €47,252 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €45,392 | €47,252 | +€1,860 | +4.1% |
| Profit (loss) carried forward | 14 | -€67,659 | -€72,545 | -€4,886 | -7.2% |
| Amounts payable | 17/49 | €24,271 | €26,382 | +€2,111 | +8.7% |
| Amounts payable within one year | 42/48 | €24,271 | €26,382 | +€2,111 | +8.7% |
| Trade debts | 44 | €2,676 | €3,025 | +€349 | +13.0% |
| Suppliers | 440/4 | €2,676 | €3,025 | +€349 | +13.0% |
| Taxes, remuneration and social security | 45 | €448 | - | -€448 | |
| Taxes | 450/3 | €448 | - | -€448 | |
| Other amounts payable | 47/48 | €21,146 | €23,357 | +€2,211 | +10.5% |
| Non-recurring operating income | 76A | €2,500 | - | -€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,443 | €1,906 | +€464 | +32.1% |
| Other operating charges | 640/8 | €64 | €66 | +€2 | +3.0% |
| Gross operating margin | 9900 | €3,540 | -€2,862 | -€6,402 | |
| Operating profit (loss) | 9901 | €2,034 | -€4,834 | -€6,868 | |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €2,054 | €72 | -€1,982 | -96.5% |
| Recurring financial charges | 65 | €69 | €72 | +€4 | +5.1% |
| Non-recurring financial charges | 66B | €1,986 | - | -€1,986 | |
| Profit (loss) for the period before taxes | 9903 | -€21 | -€4,886 | -€4,865 | -23434.1% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€21 | -€4,886 | -€4,865 | -23435.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€21 | -€4,886 | -€4,865 | -23435.0% |
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 11 October 2026 via checked.be.