CORIMEX: 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.
CORIMEX
Largest movements
- Cash -€961,568
down €961,568 (-88.3%), from €1.1m to €127,953
mainly Contributions, distributions and other (-€1.0m) and Net result for the year (-€50,666)
- Profit (loss) carried forward -€658,616
down €658,616 (-100.0%), from €658,616 to €0
- Reserves -€392,049
down €392,049 (-52.8%), from €742,231 to €350,182
of which Distributable reserves: -€392,049
- Other debts +€102,091
up €102,091 (+320.0%), from €31,906 to €133,997
- Gross operating margin -€36,416
down €36,416, from €3,997 to -€32,420
- Financial income +€5,420
up €5,420 (+126.5%), from €4,283 to €9,703
- Other operating charges +€1,677
up €1,677 (+9.6%), from €17,449 to €19,127
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,511,953 | €553,732 | -€958,221 | -63.4% |
| Fixed assets | 21/28 | €414,035 | €405,428 | -€8,608 | -2.1% |
| Tangible fixed assets | 22/27 | €414,035 | €405,428 | -€8,608 | -2.1% |
| Land and buildings | 22 | €414,035 | €405,428 | -€8,608 | -2.1% |
| Current assets | 29/58 | €1,097,917 | €148,304 | -€949,613 | -86.5% |
| Amounts receivable within one year | 40/41 | €7,377 | €19,288 | +€11,911 | +161.5% |
| Trade receivables | 40 | €92 | €92 | = | 0.0% |
| Other amounts receivable | 41 | €7,285 | €19,196 | +€11,911 | +163.5% |
| Cash at bank and in hand | 54/58 | €1,089,521 | €127,953 | -€961,568 | -88.3% |
| Deferred charges and accrued income | 490/1 | €1,020 | €1,063 | +€44 | +4.3% |
| Total equity and liabilities | 10/49 | €1,511,953 | €553,732 | -€958,221 | -63.4% |
| Equity | 10/15 | €1,470,401 | €419,735 | -€1.1m | -71.5% |
| Contributions | 10/11 | €69,553 | €69,553 | = | 0.0% |
| Capital | 10 | €69,553 | €69,553 | = | 0.0% |
| Issued capital | 100 | €69,553 | €69,553 | = | 0.0% |
| Reserves | 13 | €742,231 | €350,182 | -€392,049 | -52.8% |
| Non-distributable reserves | 130/1 | €6,955 | €6,955 | = | 0.0% |
| Legal reserve | 130 | €6,955 | €6,955 | = | 0.0% |
| Distributable reserves | 133 | €735,276 | €343,226 | -€392,049 | -53.3% |
| Profit (loss) carried forward | 14 | €658,616 | €0 | -€658,616 | -100.0% |
| Amounts payable | 17/49 | €41,552 | €133,997 | +€92,445 | +222.5% |
| Amounts payable within one year | 42/48 | €41,552 | €133,997 | +€92,445 | +222.5% |
| Taxes, remuneration and social security | 45 | €9,647 | €0 | -€9,647 | -100.0% |
| Taxes | 450/3 | €9,647 | €0 | -€9,647 | -100.0% |
| Other amounts payable | 47/48 | €31,906 | €133,997 | +€102,091 | +320.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,608 | €8,608 | = | 0.0% |
| Other operating charges | 640/8 | €17,449 | €19,127 | +€1,677 | +9.6% |
| Gross operating margin | 9900 | €3,997 | -€32,420 | -€36,416 | |
| Operating profit (loss) | 9901 | -€22,060 | -€60,154 | -€38,094 | -172.7% |
| Financial income | 75/76B | €4,283 | €9,703 | +€5,420 | +126.5% |
| Recurring financial income | 75 | €4,283 | €9,703 | +€5,420 | +126.5% |
| Financial charges | 65/66B | €208 | €215 | +€8 | +3.6% |
| Recurring financial charges | 65 | €208 | €215 | +€8 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,984 | -€50,666 | -€32,681 | -181.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€17,984 | -€50,666 | -€32,681 | -181.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,984 | -€50,666 | -€32,681 | -181.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.