CORICA: 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.
CORICA
Largest movements
- Cash -€140,897
down €140,897 (-88.4%), from €159,308 to €18,411
mainly Investment in fixed assets (net) (-€236,776) and Stocks and contracts (-€76,267)
- Stocks and contracts +€76,267
up €76,267 (+24.5%), from €311,428 to €387,695
- Receivables within one year +€60,000
up €60,000 (+58.3%), from €102,839 to €162,839
of which Trade receivables: +€41,154
- Intangible fixed assets +€50,796
up €50,796 (+622.3%), from €8,162 to €58,958
- Tangible fixed assets +€34,209
up €34,209 (+9.1%), from €374,611 to €408,820
of which Plant, machinery and equipment: +€55,797
- Debts after one year +€95,918
up €95,918 (+71.0%), from €135,095 to €231,013
- Trade debts -€58,941
down €58,941 (-28.9%), from €204,090 to €145,149
- Current portion of long-term debt +€56,940
up €56,940 (+51.6%), from €110,392 to €167,332
- Provisions -€49,000
no longer reported in 2025 (was €49,000)
- Profit (loss) carried forward +€43,202
up €43,202 (+12.1%), from €358,251 to €401,453
- Staff costs +€160,608
up €160,608 (+36.3%), from €442,959 to €603,568
- Gross operating margin +€156,025
up €156,025 (+22.3%), from €701,191 to €857,216
- Provisions -€87,987
down €87,987, from €49,000 to -€38,987
- Depreciation +€65,538
up €65,538 (+88.3%), from €74,233 to €139,771
- Financial income +€25,815
up €25,815 (+65503.9%), from €39 to €25,855
of which Non-recurring financial income: +€25,447
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 | €987,048 | €1,090,201 | +€103,153 | +10.5% |
| Fixed assets | 21/28 | €388,474 | €485,478 | +€97,004 | +25.0% |
| Intangible fixed assets | 21 | €8,162 | €58,958 | +€50,796 | +622.3% |
| Tangible fixed assets | 22/27 | €374,611 | €408,820 | +€34,209 | +9.1% |
| Land and buildings | 22 | €170 | - | -€170 | |
| Plant, machinery and equipment | 23 | €254,232 | €310,028 | +€55,797 | +21.9% |
| Furniture and vehicles | 24 | €59,444 | €50,710 | -€8,733 | -14.7% |
| Leasing and similar rights | 25 | €15,000 | €15,000 | = | 0.0% |
| Other tangible fixed assets | 26 | €45,766 | €33,082 | -€12,685 | -27.7% |
| Financial fixed assets | 28 | €5,700 | €17,700 | +€12,000 | +210.5% |
| Current assets | 29/58 | €598,574 | €604,723 | +€6,149 | +1.0% |
| Stocks and contracts in progress | 3 | €311,428 | €387,695 | +€76,267 | +24.5% |
| Stocks | 30/36 | €311,428 | €387,695 | +€76,267 | +24.5% |
| Amounts receivable within one year | 40/41 | €102,839 | €162,839 | +€60,000 | +58.3% |
| Trade receivables | 40 | €62,839 | €103,993 | +€41,154 | +65.5% |
| Other amounts receivable | 41 | €40,000 | €58,846 | +€18,846 | +47.1% |
| Current investments | 50/53 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €159,308 | €18,411 | -€140,897 | -88.4% |
| Deferred charges and accrued income | 490/1 | - | €10,779 | +€10,779 | |
| Total equity and liabilities | 10/49 | €987,048 | €1,090,201 | +€103,153 | +10.5% |
| Equity | 10/15 | €378,703 | €421,905 | +€43,202 | +11.4% |
| Contributions | 10/11 | €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% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €358,251 | €401,453 | +€43,202 | +12.1% |
| Provisions and deferred taxes | 16 | €49,000 | - | -€49,000 | |
| Provisions for liabilities and charges | 160/5 | €49,000 | - | -€49,000 | |
| Taxes | 161 | €49,000 | - | -€49,000 | |
| Amounts payable | 17/49 | €559,345 | €668,297 | +€108,951 | +19.5% |
| Amounts payable after more than one year | 17 | €135,095 | €231,013 | +€95,918 | +71.0% |
| Financial debts | 170/4 | €135,095 | €231,013 | +€95,918 | +71.0% |
| Amounts payable within one year | 42/48 | €424,250 | €437,284 | +€13,033 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €110,392 | €167,332 | +€56,940 | +51.6% |
| Trade debts | 44 | €204,090 | €145,149 | -€58,941 | -28.9% |
| Suppliers | 440/4 | €204,090 | €145,149 | -€58,941 | -28.9% |
| Taxes, remuneration and social security | 45 | €68,768 | €84,803 | +€16,035 | +23.3% |
| Taxes | 450/3 | €9,137 | €27,574 | +€18,436 | +201.8% |
| Remuneration and social security | 454/9 | €59,631 | €57,230 | -€2,402 | -4.0% |
| Other amounts payable | 47/48 | €41,000 | €40,000 | -€1,000 | -2.4% |
| Remuneration, social security and pensions | 62 | €442,959 | €603,568 | +€160,608 | +36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,233 | €139,771 | +€65,538 | +88.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €365 | - | -€365 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €49,000 | -€38,987 | -€87,987 | |
| Other operating charges | 640/8 | €14,293 | €20,454 | +€6,160 | +43.1% |
| Non-recurring operating charges | 66A | €18,651 | - | -€18,651 | |
| Gross operating margin | 9900 | €701,191 | €857,216 | +€156,025 | +22.3% |
| Operating profit (loss) | 9901 | €101,689 | €132,411 | +€30,722 | +30.2% |
| Financial income | 75/76B | €39 | €25,855 | +€25,815 | +65503.9% |
| Recurring financial income | 75 | €39 | €407 | +€368 | +933.9% |
| Non-recurring financial income | 76B | - | €25,447 | +€25,447 | |
| Financial charges | 65/66B | €23,875 | €36,563 | +€12,689 | +53.1% |
| Recurring financial charges | 65 | €23,875 | €36,563 | +€12,689 | +53.1% |
| Profit (loss) for the period before taxes | 9903 | €77,854 | €121,702 | +€43,848 | +56.3% |
| Income taxes | 67/77 | €23,173 | €38,500 | +€15,327 | +66.1% |
| Profit (loss) for the period | 9904 | €54,680 | €83,202 | +€28,522 | +52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,680 | €83,202 | +€28,522 | +52.2% |
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 30 September 2026 via checked.be.