CORETALENTS: 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.
CORETALENTS
Largest movements
- Cash -€39,237
down €39,237 (-53.0%), from €74,025 to €34,788
mainly Trade debts (-€29,747) and Other debts (-€23,659)
- Intangible fixed assets -€9,886
down €9,886 (-69.2%), from €14,295 to €4,409
- Receivables within one year -€3,703
down €3,703 (-6.9%), from €53,424 to €49,720
of which Trade receivables: -€12,276
- Trade debts -€29,747
down €29,747 (-46.2%), from €64,455 to €34,707
- Other debts -€23,659
down €23,659 (-52.0%), from €45,482 to €21,824
- Financial income -€50,480
down €50,480 (-99.2%), from €50,878 to €399
- Gross operating margin +€6,911
up €6,911 (+54.3%), from €12,731 to €19,642
- Taxes +€4,153
up €4,153 (+465.6%), from €892 to €5,045
- Other operating charges +€2,845
up €2,845 (+228.5%), from €1,245 to €4,089
- Depreciation -€1,935
down €1,935 (-16.1%), from €11,984 to €10,050
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 | €142,023 | €89,033 | -€52,990 | -37.3% |
| Fixed assets | 21/28 | €14,522 | €4,472 | -€10,050 | -69.2% |
| Intangible fixed assets | 21 | €14,295 | €4,409 | -€9,886 | -69.2% |
| Tangible fixed assets | 22/27 | €226 | €62 | -€164 | -72.6% |
| Furniture and vehicles | 24 | €226 | €62 | -€164 | -72.6% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €127,501 | €84,560 | -€42,941 | -33.7% |
| Amounts receivable within one year | 40/41 | €53,424 | €49,720 | -€3,703 | -6.9% |
| Trade receivables | 40 | €43,305 | €31,028 | -€12,276 | -28.3% |
| Other amounts receivable | 41 | €10,119 | €18,692 | +€8,573 | +84.7% |
| Cash at bank and in hand | 54/58 | €74,025 | €34,788 | -€39,237 | -53.0% |
| Deferred charges and accrued income | 490/1 | €52 | €52 | = | 0.0% |
| Total equity and liabilities | 10/49 | €142,023 | €89,033 | -€52,990 | -37.3% |
| Equity | 10/15 | €27,927 | €28,591 | +€664 | +2.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €28,137 | €28,137 | = | 0.0% |
| Distributable reserves | 133 | €28,137 | €28,137 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,760 | -€18,096 | +€664 | +3.5% |
| Amounts payable | 17/49 | €114,096 | €60,442 | -€53,654 | -47.0% |
| Amounts payable within one year | 42/48 | €114,096 | €60,442 | -€53,654 | -47.0% |
| Trade debts | 44 | €64,455 | €34,707 | -€29,747 | -46.2% |
| Suppliers | 440/4 | €64,455 | €34,707 | -€29,747 | -46.2% |
| Taxes, remuneration and social security | 45 | €4,159 | €3,911 | -€248 | -6.0% |
| Taxes | 450/3 | €4,159 | €3,911 | -€248 | -6.0% |
| Other amounts payable | 47/48 | €45,482 | €21,824 | -€23,659 | -52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,984 | €10,050 | -€1,935 | -16.1% |
| Other operating charges | 640/8 | €1,245 | €4,089 | +€2,845 | +228.5% |
| Gross operating margin | 9900 | €12,731 | €19,642 | +€6,911 | +54.3% |
| Operating profit (loss) | 9901 | -€499 | €5,503 | +€6,001 | |
| Financial income | 75/76B | €50,878 | €399 | -€50,480 | -99.2% |
| Recurring financial income | 75 | €50,878 | €399 | -€50,480 | -99.2% |
| Financial charges | 65/66B | €202 | €192 | -€10 | -5.0% |
| Recurring financial charges | 65 | €202 | €192 | -€10 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €50,178 | €5,709 | -€44,468 | -88.6% |
| Income taxes | 67/77 | €892 | €5,045 | +€4,153 | +465.6% |
| Profit (loss) for the period | 9904 | €49,285 | €664 | -€48,622 | -98.7% |
| Profit (loss) for the period to be appropriated | 9905 | €49,285 | €664 | -€48,622 | -98.7% |
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 7 October 2026 via checked.be.