CORFOOD: 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.
CORFOOD
Largest movements
- Cash +€169,624
up €169,624 (+52.3%), from €324,231 to €493,855
mainly Net result for the year (+€114,982) and Depreciation (+€43,390)
- Tangible fixed assets -€43,390
down €43,390 (-8.7%), from €497,461 to €454,071
of which Land and buildings: -€43,306
- Profit (loss) carried forward +€107,982
up €107,982 (+37.6%), from €286,984 to €394,966
- Trade debts +€34,891
up €34,891 (+1,445%), from €2,414 to €37,305
- Debts after one year -€19,819
down €19,819 (-8.1%), from €245,807 to €225,989
- Gross operating margin -€19,107
down €19,107 (-8.7%), from €220,295 to €201,188
- Other operating charges -€4,122
down €4,122 (-89.6%), from €4,599 to €477
- Taxes -€3,619
down €3,619 (-8.6%), from €41,946 to €38,327
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.
Derived cash bridge
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 | €822,745 | €953,078 | +€130,333 | +15.8% |
| Fixed assets | 21/28 | €497,461 | €454,551 | -€42,910 | -8.6% |
| Tangible fixed assets | 22/27 | €497,461 | €454,071 | -€43,390 | -8.7% |
| Land and buildings | 22 | €497,376 | €454,071 | -€43,306 | -8.7% |
| Plant, machinery and equipment | 23 | €85 | - | -€85 | |
| Financial fixed assets | 28 | - | €480 | +€480 | |
| Current assets | 29/58 | €325,284 | €498,527 | +€173,243 | +53.3% |
| Amounts receivable within one year | 40/41 | €1,054 | €4,673 | +€3,619 | +343% |
| Other amounts receivable | 41 | €1,054 | €4,673 | +€3,619 | +343% |
| Cash at bank and in hand | 54/58 | €324,231 | €493,855 | +€169,624 | +52.3% |
| Total equity and liabilities | 10/49 | €822,745 | €953,078 | +€130,333 | +15.8% |
| Equity | 10/15 | €554,984 | €669,966 | +€114,982 | +20.7% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €18,000 | €25,000 | +€7,000 | +38.9% |
| Non-distributable reserves | 130/1 | €18,000 | €25,000 | +€7,000 | +38.9% |
| Legal reserve | 130 | €18,000 | €25,000 | +€7,000 | +38.9% |
| Profit (loss) carried forward | 14 | €286,984 | €394,966 | +€107,982 | +37.6% |
| Amounts payable | 17/49 | €267,761 | €283,112 | +€15,351 | +5.7% |
| Amounts payable after more than one year | 17 | €245,807 | €225,989 | -€19,819 | -8.1% |
| Financial debts | 170/4 | €245,807 | €225,989 | -€19,819 | -8.1% |
| Amounts payable within one year | 42/48 | €21,954 | €57,123 | +€35,170 | +160% |
| Current portion of amounts payable after more than one year | 42 | €19,540 | €19,819 | +€279 | +1.4% |
| Trade debts | 44 | €2,414 | €37,305 | +€34,891 | +1,445% |
| Suppliers | 440/4 | €2,414 | €37,305 | +€34,891 | +1,445% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,644 | €43,390 | -€254 | -0.6% |
| Other operating charges | 640/8 | €4,599 | €477 | -€4,122 | -89.6% |
| Gross operating margin | 9900 | €220,295 | €201,188 | -€19,107 | -8.7% |
| Operating profit (loss) | 9901 | €172,052 | €157,321 | -€14,731 | -8.6% |
| Financial charges | 65/66B | €4,267 | €4,012 | -€255 | -6.0% |
| Recurring financial charges | 65 | €4,267 | €4,012 | -€255 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €167,786 | €153,309 | -€14,476 | -8.6% |
| Income taxes | 67/77 | €41,946 | €38,327 | -€3,619 | -8.6% |
| Profit (loss) for the period | 9904 | €125,839 | €114,982 | -€10,857 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €125,839 | €114,982 | -€10,857 | -8.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.