CORIFUGO: 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.
CORIFUGO
Largest movements
- Tangible fixed assets +€98,931
up €98,931 (+876%), from €11,298 to €110,230
of which Furniture and vehicles: +€103,608
- Cash -€26,915
down €26,915 (-42.7%), from €63,057 to €36,142
mainly Investment in fixed assets (net) (-€121,968) and Net result for the year (-€64,040)
- Deferred charges and accrued income +€6,328
up €6,328 (+3,214%), from €197 to €6,525
- Other debts +€149,464
up €149,464 (+11,612%), from €1,287 to €150,751
- Profit (loss) carried forward -€64,040
down €64,040 (-513%), from -€12,478 to -€76,518
- Trade debts -€8,427
down €8,427 (-99.5%), from €8,468 to €40
- Gross operating margin -€25,960
down €25,960 (-359%), from -€7,239 to -€33,199
- Depreciation +€18,936
up €18,936 (+462%), from €4,101 to €23,036
- Other operating charges +€5,606
up €5,606 (+263%), from €2,131 to €7,738
- Taxes +€1,051
no longer reported in 2025 (was -€1,051)
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 | €77,416 | €154,413 | +€76,997 | +99.5% |
| Fixed assets | 21/28 | €11,298 | €110,230 | +€98,931 | +876% |
| Tangible fixed assets | 22/27 | €11,298 | €110,230 | +€98,931 | +876% |
| Plant, machinery and equipment | 23 | €11,298 | €6,622 | -€4,676 | -41.4% |
| Furniture and vehicles | 24 | - | €103,608 | +€103,608 | |
| Current assets | 29/58 | €66,118 | €44,183 | -€21,934 | -33.2% |
| Amounts receivable within one year | 40/41 | €2,864 | €1,517 | -€1,347 | -47.0% |
| Trade receivables | 40 | €1,354 | €384 | -€971 | -71.7% |
| Other amounts receivable | 41 | €1,510 | €1,133 | -€377 | -25.0% |
| Cash at bank and in hand | 54/58 | €63,057 | €36,142 | -€26,915 | -42.7% |
| Deferred charges and accrued income | 490/1 | €197 | €6,525 | +€6,328 | +3,214% |
| Total equity and liabilities | 10/49 | €77,416 | €154,413 | +€76,997 | +99.5% |
| Equity | 10/15 | €67,661 | €3,621 | -€64,040 | -94.6% |
| Contributions | 10/11 | €15,600 | €15,600 | = | 0.0% |
| Reserves | 13 | €64,539 | €64,539 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €62,679 | €62,679 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,478 | -€76,518 | -€64,040 | -513% |
| Amounts payable | 17/49 | €9,755 | €150,791 | +€141,037 | +1,446% |
| Amounts payable within one year | 42/48 | €9,755 | €150,791 | +€141,037 | +1,446% |
| Trade debts | 44 | €8,468 | €40 | -€8,427 | -99.5% |
| Suppliers | 440/4 | €8,468 | €40 | -€8,427 | -99.5% |
| Other amounts payable | 47/48 | €1,287 | €150,751 | +€149,464 | +11,612% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,101 | €23,036 | +€18,936 | +462% |
| Other operating charges | 640/8 | €2,131 | €7,738 | +€5,606 | +263% |
| Gross operating margin | 9900 | -€7,239 | -€33,199 | -€25,960 | -359% |
| Operating profit (loss) | 9901 | -€13,471 | -€63,973 | -€50,502 | -375% |
| Financial charges | 65/66B | €74 | €67 | -€7 | -9.8% |
| Recurring financial charges | 65 | €74 | €67 | -€7 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,545 | -€64,040 | -€50,495 | -373% |
| Income taxes | 67/77 | -€1,051 | - | +€1,051 | |
| Profit (loss) for the period | 9904 | -€12,494 | -€64,040 | -€51,546 | -413% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,494 | -€64,040 | -€51,546 | -413% |
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 14 October 2026 via checked.be.