CORILUS: 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.
What changed
CORILUS
NACE 46.500, Wholesale of information and communication equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3.5m
2024 · €2.2m+€1.3m
Equity
€25.5m
2024 · €21.5m+€4.0m
Cash
€8.9m
2024 · €4.7m+€4.2m
Balance sheet total
€120.1m
2024 · €111.2m+€8.9m
Largest movements
Assets
- Cash +€4.2m
up €4.2m (+90.4%), from €4.7m to €8.9m
mainly Depreciation (+€7.0m) and Trade debts (+€4.5m)
- Financial fixed assets +€4.1m
up €4.1m (+6.8%), from €60.3m to €64.4m
of which Affiliated companies: +€4.1m
- Receivables within one year +€2.5m
up €2.5m (+14.2%), from €17.5m to €20.0m
of which Trade receivables: +€1.3m
Equity and liabilities
- Trade debts +€4.5m
up €4.5m (+95.4%), from €4.7m to €9.1m
- Profit (loss) carried forward +€3.3m
up €3.3m (+31.8%), from €10.4m to €13.7m
- Short-term financial debts -€3.0m
no longer reported in 2025 (was €3.0m)
- Other debts +€2.1m
up €2.1m (+10.4%), from €20.5m to €22.6m
Income statement
- Turnover +€4.8m
up €4.8m (+9.7%), from €49.8m to €54.7m
- Financial charges -€1.3m
down €1.3m (-20.4%), from €6.3m to €5.0m
- Staff costs +€1.3m
up €1.3m (+5.6%), from €22.8m to €24.1m
- Goods and materials +€1.2m
up €1.2m (+19.5%), from €5.9m to €7.1m
of which Purchases: +€699,973
- Financial income -€626,608
down €626,608 (-63.7%), from €984,303 to €357,695
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.
Result 2024
€2.2m
Turnover
+€4.8m
Other operating income
-€117,804
Goods and materials
-€1.2m
Services and other goods
-€342,984
Staff costs
-€1.3m
Depreciation
-€234,461
Write-downs
-€57,392
Other operating charges
-€6,793
Other operating items
-€842,493
Financial income
-€626,608
Financial charges
+€1.3m
Taxes
-€165,482
Result 2025
€3.5m
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.
From operations
+€15.9m
Investment
-€10.2m
Financing
-€1.5m
Cash 2024
€4.7m
From operations (derived)
+€15.9m
Net result for the year
+€3.5m
Depreciation
+€7.0m
Receivables after one year
-€61,061
Stocks and contracts
+€176,293
Receivables within one year
-€2.5m
Deferred charges and accrued income
+€862,225
Trade debts
+€4.5m
Tax, wage and social debts
+€108,778
Advances received
+€300
Other debts
+€2.1m
Accrued charges and deferred income
+€237,496
Investment (derived)
-€10.2m
Investment in fixed assets (net)
-€10.2m
Financing
-€1.5m
Debts after one year
+€950,504
Short-term financial debts
-€3.0m
Contributions, distributions and other
+€540,000
Cash 2025
€8.9m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,173,378 | €120,080,249 | +€8.9m | +8.0% |
| Formation expenses | 20 | €607,451 | €360,373 | -€247,078 | -40.7% |
| Fixed assets | 21/28 | €82,503,370 | €85,932,273 | +€3.4m | +4.2% |
| Intangible fixed assets | 21 | €20,094,641 | €19,906,517 | -€188,123 | -0.9% |
| Tangible fixed assets | 22/27 | €2,148,810 | €1,665,581 | -€483,229 | -22.5% |
| Plant, machinery and equipment | 23 | €974,982 | €870,162 | -€104,821 | -10.8% |
| Furniture and vehicles | 24 | €342,453 | €196,029 | -€146,425 | -42.8% |
| Other tangible fixed assets | 26 | €831,375 | €599,391 | -€231,984 | -27.9% |
| Financial fixed assets | 28 | €60,259,919 | €64,360,174 | +€4.1m | +6.8% |
| Affiliated companies | 280/1 | €60,148,479 | €64,248,734 | +€4.1m | +6.8% |
| Participating interests | 280 | €60,148,479 | €64,248,734 | +€4.1m | +6.8% |
| Other financial fixed assets | 284/8 | €111,440 | €111,440 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €111,440 | €111,440 | = | 0.0% |
| Current assets | 29/58 | €28,062,556 | €33,787,603 | +€5.7m | +20.4% |
| Amounts receivable after more than one year | 29 | €1,183,043 | €1,244,104 | +€61,061 | +5.2% |
| Other amounts receivable | 291 | €1,183,043 | €1,244,104 | +€61,061 | +5.2% |
| Stocks and contracts in progress | 3 | €1,041,616 | €865,323 | -€176,293 | -16.9% |
| Stocks | 30/36 | €1,039,370 | €855,931 | -€183,439 | -17.6% |
| Goods purchased for resale | 34 | €1,039,370 | €855,931 | -€183,439 | -17.6% |
| Contracts in progress | 37 | €2,246 | €9,392 | +€7,145 | +318.1% |
| Amounts receivable within one year | 40/41 | €17,538,513 | €20,029,373 | +€2.5m | +14.2% |
| Trade receivables | 40 | €9,586,503 | €10,884,815 | +€1.3m | +13.5% |
| Other amounts receivable | 41 | €7,952,010 | €9,144,559 | +€1.2m | +15.0% |
| Current investments | 50/53 | €1,030,828 | €1,030,828 | = | 0.0% |
| Other investments | 51/53 | €1,030,828 | €1,030,828 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,661,240 | €8,872,884 | +€4.2m | +90.4% |
| Deferred charges and accrued income | 490/1 | €2,607,316 | €1,745,091 | -€862,225 | -33.1% |
| Total equity and liabilities | 10/49 | €111,173,378 | €120,080,249 | +€8.9m | +8.0% |
| Equity | 10/15 | €21,484,023 | €25,505,565 | +€4.0m | +18.7% |
| Contributions | 10/11 | €10,539,825 | €11,079,825 | +€540,000 | +5.1% |
| Capital | 10 | €10,539,825 | €11,079,825 | +€540,000 | +5.1% |
| Issued capital | 100 | €10,539,825 | €11,079,825 | +€540,000 | +5.1% |
| Reserves | 13 | €547,210 | €721,287 | +€174,077 | +31.8% |
| Non-distributable reserves | 130/1 | €547,210 | €721,287 | +€174,077 | +31.8% |
| Legal reserve | 130 | €547,210 | €721,287 | +€174,077 | +31.8% |
| Profit (loss) carried forward | 14 | €10,396,989 | €13,704,453 | +€3.3m | +31.8% |
| Amounts payable | 17/49 | €89,689,354 | €94,574,684 | +€4.9m | +5.4% |
| Amounts payable after more than one year | 17 | €49,400,000 | €50,350,504 | +€950,504 | +1.9% |
| Financial debts | 170/4 | €49,400,000 | €50,350,504 | +€950,504 | +1.9% |
| Credit institutions | 173 | €49,400,000 | - | -€49.4m | |
| Other loans | 174 | - | €50,350,504 | +€50.4m | |
| Amounts payable within one year | 42/48 | €32,043,125 | €35,740,454 | +€3.7m | +11.5% |
| Financial debts | 43 | €3,000,000 | - | -€3.0m | |
| Credit institutions | 430/8 | €3,000,000 | - | -€3.0m | |
| Trade debts | 44 | €4,676,166 | €9,137,492 | +€4.5m | +95.4% |
| Suppliers | 440/4 | €4,676,166 | €9,137,492 | +€4.5m | +95.4% |
| Advances received on contracts in progress | 46 | - | €300 | +€300 | |
| Taxes, remuneration and social security | 45 | €3,885,627 | €3,994,405 | +€108,778 | +2.8% |
| Taxes | 450/3 | €693,560 | €768,321 | +€74,761 | +10.8% |
| Remuneration and social security | 454/9 | €3,192,068 | €3,226,084 | +€34,017 | +1.1% |
| Other amounts payable | 47/48 | €20,481,331 | €22,608,257 | +€2.1m | +10.4% |
| Accrued charges and deferred income | 492/3 | €8,246,230 | €8,483,726 | +€237,496 | +2.9% |
| Operating income | 70/76A | €64,603,361 | €66,942,650 | +€2.3m | +3.6% |
| Turnover | 70 | €49,849,692 | €54,669,245 | +€4.8m | +9.7% |
| Own construction capitalised | 72 | €7,103,397 | €5,705,800 | -€1.4m | -19.7% |
| Other operating income | 74 | €6,476,253 | €6,358,448 | -€117,804 | -1.8% |
| Non-recurring operating income | 76A | €1,174,019 | €209,156 | -€964,863 | -82.2% |
| Operating charges | 60/66A | €57,460,678 | €59,003,858 | +€1.5m | +2.7% |
| Goods for resale, raw materials and consumables | 60 | €5,907,735 | €7,062,609 | +€1.2m | +19.5% |
| Purchases | 600/8 | €6,257,525 | €6,957,498 | +€699,973 | +11.2% |
| Change in stocks: decrease (increase) | 609 | -€349,789 | €105,111 | +€454,901 | |
| Services and other goods | 61 | €17,141,118 | €17,484,101 | +€342,984 | +2.0% |
| Remuneration, social security and pensions | 62 | €22,810,598 | €24,077,241 | +€1.3m | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,754,440 | €6,988,901 | +€234,461 | +3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€11,335 | €46,057 | +€57,392 | |
| Other operating charges | 640/8 | €280,595 | €287,388 | +€6,793 | +2.4% |
| Non-recurring operating charges | 66A | €4,577,528 | €3,057,561 | -€1.5m | -33.2% |
| Operating profit (loss) | 9901 | €7,142,683 | €7,938,792 | +€796,109 | +11.1% |
| Financial income | 75/76B | €984,303 | €357,695 | -€626,608 | -63.7% |
| Recurring financial income | 75 | €984,303 | €357,695 | -€626,608 | -63.7% |
| Income from current assets | 751 | €981,164 | €355,531 | -€625,633 | -63.8% |
| Other financial income | 752/9 | €3,139 | €2,164 | -€975 | -31.1% |
| Financial charges | 65/66B | €6,274,799 | €4,992,540 | -€1.3m | -20.4% |
| Recurring financial charges | 65 | €6,274,799 | €4,992,540 | -€1.3m | -20.4% |
| Debt charges | 650 | €5,764,771 | €4,632,221 | -€1.1m | -19.6% |
| Other financial charges | 652/9 | €510,028 | €360,319 | -€149,710 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €1,852,186 | €3,303,947 | +€1.5m | +78.4% |
| Income taxes | 67/77 | -€343,077 | -€177,595 | +€165,482 | +48.2% |
| Tax adjustments and reversals of tax provisions | 77 | €343,077 | €177,595 | -€165,482 | -48.2% |
| Profit (loss) for the period | 9904 | €2,195,264 | €3,481,542 | +€1.3m | +58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,195,264 | €3,481,542 | +€1.3m | +58.6% |
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 3 October 2026 via checked.be.