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Corimoc: 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

Corimoc

BE 0403.343.519
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€26,534
2024 · -€61,994+€35,460
Equity
€2.3m
2024 · €2.4m-€38,838
Cash
€282,419
2024 · €416,909-€134,490
Balance sheet total
€2.6m
2024 · €2.7m-€76,691

Largest movements

2024 to 2025
Assets
  • Cash -€134,490

    down €134,490 (-32.3%), from €416,909 to €282,419

    mainly Investment in fixed assets (net) (-€57,938) and Current investments (-€56,932)

  • Current investments +€56,932

    up €56,932 (+7.9%), from €722,908 to €779,840

Equity and liabilities
  • Reserves -€54,828

    down €54,828 (-3.3%), from €1.7m to €1.6m

    of which Distributable reserves: -€30,347

  • Other debts -€29,653

    down €29,653 (-49.4%), from €60,000 to €30,347

Income statement
  • Gross operating margin +€28,192

    up €28,192, from -€16,868 to €11,325

  • Financial income +€10,707

    up €10,707 (+53.2%), from €20,112 to €30,819

  • Financial charges +€7,142

    up €7,142, from -€3,221 to €3,920

  • Taxes -€3,023

    down €3,023 (-55.9%), from €5,413 to €2,390

  • Depreciation +€847

    up €847 (+1.5%), from €56,529 to €57,377

From the 2024 result to the 2025 result

effect on the 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 -€61,994
Gross operating margin +€28,192
Depreciation -€847
Other operating charges +€309
Financial income +€10,707
Financial charges -€7,142
Taxes +€3,023
Deferred taxes and other +€1,218
Result 2025 -€26,534

Cash bridge derived

cash 2024 to 2025

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 -€7,316
Investment -€114,870
Financing -€12,304
Cash 2024 €416,909
Net result for the year -€26,534
Depreciation +€57,377
Deferred charges and accrued income -€306
Provisions -€8,160
Trade debts -€41
Other debts -€29,653
Investment in fixed assets (net) -€57,938
Current investments -€56,932
Contributions, distributions and other -€12,304
Cash 2025 €282,419
Every line side by side 49 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,695,439 €2,618,747 -€76,691 -2.8%
Formation expenses 20 €13,417 €13,417 = 0.0%
Fixed assets 21/28 €1,542,205 €1,542,765 +€561 0.0%
Tangible fixed assets 22/27 €1,542,205 €1,542,765 +€561 0.0%
Land and buildings 22 €1,275,632 €1,212,078 -€63,553 -5.0%
Plant, machinery and equipment 23 €34,969 €99,448 +€64,479 +184.4%
Furniture and vehicles 24 €757 €392 -€365 -48.2%
Other tangible fixed assets 26 €1,859 €1,859 = 0.0%
Assets under construction and advance payments 27 €228,989 €228,989 = 0.0%
Current assets 29/58 €1,139,817 €1,062,565 -€77,252 -6.8%
Current investments 50/53 €722,908 €779,840 +€56,932 +7.9%
Cash at bank and in hand 54/58 €416,909 €282,419 -€134,490 -32.3%
Deferred charges and accrued income 490/1 - €306 +€306
Total equity and liabilities 10/49 €2,695,439 €2,618,747 -€76,691 -2.8%
Equity 10/15 €2,372,406 €2,333,568 -€38,838 -1.6%
Contributions 10/11 €71,419 €71,419 = 0.0%
Capital 10 €71,419 €71,419 = 0.0%
Issued capital 100 €71,419 €71,419 = 0.0%
Revaluation surpluses 12 €71,889 €89,932 +€18,043 +25.1%
Reserves 13 €1,662,689 €1,607,861 -€54,828 -3.3%
Non-distributable reserves 130/1 €42,142 €42,142 = 0.0%
Legal reserve 130 €42,142 €42,142 = 0.0%
Tax-exempt reserves 132 €560,654 €536,174 -€24,480 -4.4%
Distributable reserves 133 €1,059,893 €1,029,545 -€30,347 -2.9%
Profit (loss) carried forward 14 €566,408 €564,355 -€2,053 -0.4%
Provisions and deferred taxes 16 €258,761 €250,600 -€8,160 -3.2%
Deferred taxes 168 €258,761 €250,600 -€8,160 -3.2%
Amounts payable 17/49 €64,273 €34,579 -€29,693 -46.2%
Amounts payable within one year 42/48 €63,429 €33,735 -€29,693 -46.8%
Trade debts 44 €1,029 €988 -€41 -3.9%
Suppliers 440/4 €1,029 €988 -€41 -3.9%
Taxes, remuneration and social security 45 €2,400 €2,400 = 0.0%
Taxes 450/3 €2,400 €2,400 = 0.0%
Other amounts payable 47/48 €60,000 €30,347 -€29,653 -49.4%
Accrued charges and deferred income 492/3 €844 €844 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €56,529 €57,377 +€847 +1.5%
Other operating charges 640/8 €13,459 €13,150 -€309 -2.3%
Gross operating margin 9900 -€16,868 €11,325 +€28,192
Operating profit (loss) 9901 -€86,857 -€59,203 +€27,654 +31.8%
Financial income 75/76B €20,112 €30,819 +€10,707 +53.2%
Recurring financial income 75 €20,112 €30,819 +€10,707 +53.2%
Financial charges 65/66B -€3,221 €3,920 +€7,142
Recurring financial charges 65 -€3,221 €3,920 +€7,142
Profit (loss) for the period before taxes 9903 -€63,523 -€32,304 +€31,219 +49.1%
Transfer from deferred taxes 780 €6,942 €8,160 +€1,218 +17.6%
Income taxes 67/77 €5,413 €2,390 -€3,023 -55.9%
Profit (loss) for the period 9904 -€61,994 -€26,534 +€35,460 +57.2%
Transfer from tax-exempt reserves 789 €20,825 €24,480 +€3,655 +17.6%
Profit (loss) for the period to be appropriated 9905 -€41,169 -€2,053 +€39,115 +95.0%

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 29 September 2026 via checked.be.