CORFLA: 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.
CORFLA
Largest movements
- Receivables within one year +€5,955
up €5,955 (+3.9%), from €153,667 to €159,622
of which Other amounts receivable: +€5,955
- Other debts +€7,254
up €7,254 (+3.3%), from €217,491 to €224,744
- Financial charges +€1,780
up €1,780 (+17.0%), from €10,453 to €12,233
- Gross operating margin +€1,332
up €1,332 (+36.7%), from €3,631 to €4,963
- Financial income -€546
down €546 (-9.0%), from €6,063 to €5,517
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 | €531,567 | €538,763 | +€7,196 | +1.4% |
| Fixed assets | 21/28 | €336,895 | €336,895 | = | 0.0% |
| Financial fixed assets | 28 | €336,895 | €336,895 | = | 0.0% |
| Current assets | 29/58 | €194,672 | €201,868 | +€7,196 | +3.7% |
| Amounts receivable within one year | 40/41 | €153,667 | €159,622 | +€5,955 | +3.9% |
| Trade receivables | 40 | €1,997 | €1,997 | = | 0.0% |
| Other amounts receivable | 41 | €151,670 | €157,626 | +€5,955 | +3.9% |
| Cash at bank and in hand | 54/58 | €34,943 | €36,729 | +€1,786 | +5.1% |
| Deferred charges and accrued income | 490/1 | €6,063 | €5,517 | -€546 | -9.0% |
| Total equity and liabilities | 10/49 | €531,567 | €538,763 | +€7,196 | +1.4% |
| Equity | 10/15 | €302,384 | €300,386 | -€1,998 | -0.7% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €2,384 | €386 | -€1,998 | -83.8% |
| Distributable reserves | 133 | €2,384 | €386 | -€1,998 | -83.8% |
| Amounts payable | 17/49 | €229,183 | €238,377 | +€9,193 | +4.0% |
| Amounts payable within one year | 42/48 | €218,821 | €226,239 | +€7,418 | +3.4% |
| Trade debts | 44 | €1,330 | €1,392 | +€61 | +4.6% |
| Suppliers | 440/4 | €1,330 | €1,392 | +€61 | +4.6% |
| Taxes, remuneration and social security | 45 | - | €103 | +€103 | |
| Taxes | 450/3 | - | €103 | +€103 | |
| Other amounts payable | 47/48 | €217,491 | €224,744 | +€7,254 | +3.3% |
| Accrued charges and deferred income | 492/3 | €10,362 | €12,137 | +€1,775 | +17.1% |
| Other operating charges | 640/8 | €242 | €244 | +€2 | +0.8% |
| Gross operating margin | 9900 | €3,631 | €4,963 | +€1,332 | +36.7% |
| Operating profit (loss) | 9901 | €3,389 | €4,719 | +€1,330 | +39.2% |
| Financial income | 75/76B | €6,063 | €5,517 | -€546 | -9.0% |
| Recurring financial income | 75 | €6,063 | €5,517 | -€546 | -9.0% |
| Financial charges | 65/66B | €10,453 | €12,233 | +€1,780 | +17.0% |
| Recurring financial charges | 65 | €10,453 | €12,233 | +€1,780 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,001 | -€1,998 | -€996 | -99.5% |
| Profit (loss) for the period | 9904 | -€1,001 | -€1,998 | -€996 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,001 | -€1,998 | -€996 | -99.5% |
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 9 October 2026 via checked.be.