CORIM: 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.
CORIM
Largest movements
- Receivables within one year -€258,499
down €258,499 (-18.9%), from €1.4m to €1.1m
- Current investments -€250,000
down €250,000 (-8.3%), from €3.0m to €2.8m
- Cash +€192,340
up €192,340 (+65.5%), from €293,838 to €486,178
mainly Receivables within one year (+€258,499) and Current investments (+€250,000)
- Other debts -€448,401
down €448,401 (-18.2%), from €2.5m to €2.0m
- Profit (loss) carried forward +€76,225
up €76,225 (+6.8%), from €1.1m to €1.2m
- Financial charges +€29,972
up €29,972 (+22.9%), from €130,926 to €160,898
- Gross operating margin +€25,182
up €25,182 (+19.4%), from €130,070 to €155,252
- Financial income +€22,942
up €22,942 (+19.2%), from €119,714 to €142,656
- Depreciation +€8,463
up €8,463 (+59.3%), from €14,282 to €22,745
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 | €6,355,201 | €6,016,759 | -€338,442 | -5.3% |
| Fixed assets | 21/28 | €961,328 | €937,958 | -€23,370 | -2.4% |
| Tangible fixed assets | 22/27 | €960,703 | €937,958 | -€22,745 | -2.4% |
| Land and buildings | 22 | €960,703 | €937,958 | -€22,745 | -2.4% |
| Financial fixed assets | 28 | €625 | €0 | -€625 | -100% |
| Current assets | 29/58 | €5,393,873 | €5,078,801 | -€315,072 | -5.8% |
| Amounts receivable after more than one year | 29 | €675,000 | €675,000 | = | 0.0% |
| Other amounts receivable | 291 | €675,000 | €675,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,368,432 | €1,109,933 | -€258,499 | -18.9% |
| Other amounts receivable | 41 | €1,368,432 | €1,109,933 | -€258,499 | -18.9% |
| Current investments | 50/53 | €3,000,000 | €2,750,000 | -€250,000 | -8.3% |
| Cash at bank and in hand | 54/58 | €293,838 | €486,178 | +€192,340 | +65.5% |
| Deferred charges and accrued income | 490/1 | €56,602 | €57,690 | +€1,088 | +1.9% |
| Total equity and liabilities | 10/49 | €6,355,201 | €6,016,759 | -€338,442 | -5.3% |
| Equity | 10/15 | €3,759,024 | €3,835,250 | +€76,225 | +2.0% |
| Contributions | 10/11 | €131,356 | €131,356 | = | 0.0% |
| Reserves | 13 | €2,507,504 | €2,507,504 | = | 0.0% |
| Tax-exempt reserves | 132 | €87,562 | €87,562 | = | 0.0% |
| Distributable reserves | 133 | €2,419,943 | €2,419,943 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,115,946 | €1,192,171 | +€76,225 | +6.8% |
| Investment grants | 15 | €4,218 | €4,218 | = | 0.0% |
| Amounts payable | 17/49 | €2,596,177 | €2,181,510 | -€414,667 | -16.0% |
| Amounts payable within one year | 42/48 | €2,461,405 | €2,018,749 | -€442,656 | -18.0% |
| Trade debts | 44 | €1,405 | €1,429 | +€24 | +1.7% |
| Suppliers | 440/4 | €1,405 | €1,429 | +€24 | +1.7% |
| Taxes, remuneration and social security | 45 | - | €5,720 | +€5,720 | |
| Taxes | 450/3 | - | €5,720 | +€5,720 | |
| Other amounts payable | 47/48 | €2,460,000 | €2,011,599 | -€448,401 | -18.2% |
| Accrued charges and deferred income | 492/3 | €134,771 | €162,761 | +€27,990 | +20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,282 | €22,745 | +€8,463 | +59.3% |
| Other operating charges | 640/8 | €10,976 | €12,432 | +€1,456 | +13.3% |
| Gross operating margin | 9900 | €130,070 | €155,252 | +€25,182 | +19.4% |
| Operating profit (loss) | 9901 | €104,812 | €120,075 | +€15,263 | +14.6% |
| Financial income | 75/76B | €119,714 | €142,656 | +€22,942 | +19.2% |
| Recurring financial income | 75 | €119,714 | €142,656 | +€22,942 | +19.2% |
| Financial charges | 65/66B | €130,926 | €160,898 | +€29,972 | +22.9% |
| Recurring financial charges | 65 | €130,926 | €160,898 | +€29,972 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | €93,600 | €101,833 | +€8,233 | +8.8% |
| Income taxes | 67/77 | €24,254 | €25,608 | +€1,354 | +5.6% |
| Profit (loss) for the period | 9904 | €69,346 | €76,225 | +€6,879 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €69,346 | €76,225 | +€6,879 | +9.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.