CORGA: 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.
CORGA
Largest movements
- Cash +€13,456
up €13,456 (+47.7%), from €28,214 to €41,670
mainly Accrued charges and deferred income (+€16,623) and Net result for the year (+€15,504)
- Receivables within one year +€4,779
up €4,779 (+342.6%), from €1,395 to €6,175
of which Trade receivables: +€5,013
- Intangible fixed assets -€2,080
down €2,080 (-49.2%), from €4,228 to €2,148
- Accrued charges and deferred income +€16,623
new in 2025: €16,623
- Profit (loss) carried forward +€15,504
up €15,504 (+16.9%), from -€91,628 to -€76,124
- Debts after one year -€12,000
down €12,000 (-14.0%), from €86,000 to €74,000
- Trade debts -€5,899
down €5,899 (-84.1%), from €7,014 to €1,115
- Tax, wage and social debts +€1,927
new in 2025: €1,927
- Other operating charges -€600
no longer reported in 2025 (was €600)
- Gross operating margin -€194
down €194 (-1.1%), from €17,795 to €17,601
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 | €33,837 | €49,992 | +€16,155 | +47.7% |
| Fixed assets | 21/28 | €4,228 | €2,148 | -€2,080 | -49.2% |
| Intangible fixed assets | 21 | €4,228 | €2,148 | -€2,080 | -49.2% |
| Current assets | 29/58 | €29,609 | €47,845 | +€18,236 | +61.6% |
| Amounts receivable within one year | 40/41 | €1,395 | €6,175 | +€4,779 | +342.6% |
| Trade receivables | 40 | €1,162 | €6,175 | +€5,013 | +431.6% |
| Other amounts receivable | 41 | €234 | - | -€234 | |
| Cash at bank and in hand | 54/58 | €28,214 | €41,670 | +€13,456 | +47.7% |
| Total equity and liabilities | 10/49 | €33,837 | €49,992 | +€16,155 | +47.7% |
| Equity | 10/15 | -€71,177 | -€55,673 | +€15,504 | +21.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,628 | -€76,124 | +€15,504 | +16.9% |
| Amounts payable | 17/49 | €105,014 | €105,665 | +€651 | +0.6% |
| Amounts payable after more than one year | 17 | €86,000 | €74,000 | -€12,000 | -14.0% |
| Financial debts | 170/4 | €86,000 | €74,000 | -€12,000 | -14.0% |
| Amounts payable within one year | 42/48 | €19,014 | €15,042 | -€3,972 | -20.9% |
| Trade debts | 44 | €7,014 | €1,115 | -€5,899 | -84.1% |
| Suppliers | 440/4 | €7,014 | €1,115 | -€5,899 | -84.1% |
| Taxes, remuneration and social security | 45 | - | €1,927 | +€1,927 | |
| Taxes | 450/3 | - | €1,927 | +€1,927 | |
| Other amounts payable | 47/48 | €12,000 | €12,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €16,623 | +€16,623 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,080 | €2,080 | = | 0.0% |
| Other operating charges | 640/8 | €600 | - | -€600 | |
| Gross operating margin | 9900 | €17,795 | €17,601 | -€194 | -1.1% |
| Operating profit (loss) | 9901 | €15,115 | €15,521 | +€406 | +2.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €90 | €17 | -€74 | -81.7% |
| Recurring financial charges | 65 | €90 | €17 | -€74 | -81.7% |
| Profit (loss) for the period before taxes | 9903 | €15,025 | €15,504 | +€479 | +3.2% |
| Profit (loss) for the period | 9904 | €15,025 | €15,504 | +€479 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,025 | €15,504 | +€479 | +3.2% |
Source: filed annual accounts (NBB), fiscal years ended 1 April 2024 and 1 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.