CORICK: 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.
CORICK
Largest movements
- Tangible fixed assets +€40,875
up €40,875 (+18.7%), from €218,777 to €259,652
of which Land and buildings: +€39,369
- Cash +€25,361
up €25,361 (+14.0%), from €181,296 to €206,657
mainly Trade debts (+€51,069) and Net result for the year (+€33,791)
- Receivables within one year +€7,152
up €7,152 (+49.4%), from €14,480 to €21,632
of which Trade receivables: +€5,393
- Trade debts +€51,069
up €51,069 (+5314.3%), from €961 to €52,030
- Reserves +€33,791
up €33,791 (+25.6%), from €132,044 to €165,834
- Debts after one year -€13,268
down €13,268 (-7.2%), from €184,599 to €171,331
- Other operating charges +€8,310
up €8,310 (+457.5%), from €1,816 to €10,126
- Taxes -€2,849
down €2,849 (-17.2%), from €16,586 to €13,737
- Gross operating margin -€2,437
down €2,437 (-3.1%), from €79,001 to €76,564
- Staff costs -€1,520
down €1,520 (-100.0%), from €1,520 to €0
- Financial charges +€1,455
up €1,455 (+12.4%), from €11,751 to €13,206
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 | €414,553 | €489,921 | +€75,368 | +18.2% |
| Fixed assets | 21/28 | €218,777 | €259,652 | +€40,875 | +18.7% |
| Tangible fixed assets | 22/27 | €218,777 | €259,652 | +€40,875 | +18.7% |
| Land and buildings | 22 | €218,777 | €258,146 | +€39,369 | +18.0% |
| Furniture and vehicles | 24 | - | €1,506 | +€1,506 | |
| Current assets | 29/58 | €195,776 | €230,269 | +€34,493 | +17.6% |
| Amounts receivable within one year | 40/41 | €14,480 | €21,632 | +€7,152 | +49.4% |
| Trade receivables | 40 | €12,562 | €17,955 | +€5,393 | +42.9% |
| Other amounts receivable | 41 | €1,918 | €3,677 | +€1,759 | +91.7% |
| Cash at bank and in hand | 54/58 | €181,296 | €206,657 | +€25,361 | +14.0% |
| Deferred charges and accrued income | 490/1 | - | €1,980 | +€1,980 | |
| Total equity and liabilities | 10/49 | €414,553 | €489,921 | +€75,368 | +18.2% |
| Equity | 10/15 | €138,244 | €172,034 | +€33,791 | +24.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €132,044 | €165,834 | +€33,791 | +25.6% |
| Distributable reserves | 133 | €132,044 | €165,834 | +€33,791 | +25.6% |
| Amounts payable | 17/49 | €276,309 | €317,887 | +€41,578 | +15.0% |
| Amounts payable after more than one year | 17 | €184,599 | €171,331 | -€13,268 | -7.2% |
| Financial debts | 170/4 | €184,599 | €171,331 | -€13,268 | -7.2% |
| Amounts payable within one year | 42/48 | €91,711 | €146,226 | +€54,515 | +59.4% |
| Current portion of amounts payable after more than one year | 42 | €12,870 | €13,268 | +€398 | +3.1% |
| Trade debts | 44 | €961 | €52,030 | +€51,069 | +5314.3% |
| Suppliers | 440/4 | €961 | €52,030 | +€51,069 | +5314.3% |
| Taxes, remuneration and social security | 45 | €8,682 | €10,475 | +€1,792 | +20.6% |
| Taxes | 450/3 | €8,682 | €10,475 | +€1,792 | +20.6% |
| Other amounts payable | 47/48 | €69,198 | €70,453 | +€1,255 | +1.8% |
| Accrued charges and deferred income | 492/3 | €0 | €331 | +€331 | |
| Remuneration, social security and pensions | 62 | €1,520 | €0 | -€1,520 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,626 | €5,705 | +€79 | +1.4% |
| Other operating charges | 640/8 | €1,816 | €10,126 | +€8,310 | +457.5% |
| Gross operating margin | 9900 | €79,001 | €76,564 | -€2,437 | -3.1% |
| Operating profit (loss) | 9901 | €70,039 | €60,734 | -€9,305 | -13.3% |
| Financial charges | 65/66B | €11,751 | €13,206 | +€1,455 | +12.4% |
| Recurring financial charges | 65 | €11,751 | €13,206 | +€1,455 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | €58,288 | €47,528 | -€10,760 | -18.5% |
| Income taxes | 67/77 | €16,586 | €13,737 | -€2,849 | -17.2% |
| Profit (loss) for the period | 9904 | €41,702 | €33,791 | -€7,911 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,702 | €33,791 | -€7,911 | -19.0% |
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.