CORINVEST: 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.
CORINVEST
Largest movements
- Deferred charges and accrued income +€466,629
up €466,629 (+11,423%), from €4,085 to €470,714
- Stocks and contracts -€188,848
down €188,848 (-4.0%), from €4.8m to €4.6m
- Receivables within one year -€69,203
down €69,203 (-3.7%), from €1.9m to €1.8m
of which Other amounts receivable: -€389,733
- Profit (loss) carried forward +€373,616
up €373,616 (+91.9%), from -€406,520 to -€32,904
- Debts after one year -€200,000
down €200,000 (-22.5%), from €889,000 to €689,000
- Tax, wage and social debts +€168,616
up €168,616 (+622,428%), from €27 to €168,643
- Taxes +€98,435
new in 2025: €98,435
- Gross operating margin +€70,043
up €70,043 (+13.5%), from €517,922 to €587,965
- Financial charges -€30,701
down €30,701 (-22.2%), from €138,559 to €107,858
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 | €6,711,984 | €6,902,802 | +€190,818 | +2.8% |
| Fixed assets | 21/28 | €67,767 | €63,729 | -€4,038 | -6.0% |
| Tangible fixed assets | 22/27 | €33,069 | €27,792 | -€5,278 | -16.0% |
| Furniture and vehicles | 24 | €33,069 | €27,792 | -€5,278 | -16.0% |
| Financial fixed assets | 28 | €34,698 | €35,938 | +€1,240 | +3.6% |
| Current assets | 29/58 | €6,644,217 | €6,839,072 | +€194,855 | +2.9% |
| Stocks and contracts in progress | 3 | €4,751,855 | €4,563,007 | -€188,848 | -4.0% |
| Stocks | 30/36 | €4,751,855 | €4,563,007 | -€188,848 | -4.0% |
| Amounts receivable within one year | 40/41 | €1,873,528 | €1,804,325 | -€69,203 | -3.7% |
| Trade receivables | 40 | €171,747 | €492,276 | +€320,529 | +187% |
| Other amounts receivable | 41 | €1,701,781 | €1,312,049 | -€389,733 | -22.9% |
| Cash at bank and in hand | 54/58 | €14,749 | €1,027 | -€13,723 | -93.0% |
| Deferred charges and accrued income | 490/1 | €4,085 | €470,714 | +€466,629 | +11,423% |
| Total equity and liabilities | 10/49 | €6,711,984 | €6,902,802 | +€190,818 | +2.8% |
| Equity | 10/15 | -€344,520 | €29,096 | +€373,616 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€406,520 | -€32,904 | +€373,616 | +91.9% |
| Amounts payable | 17/49 | €7,056,504 | €6,873,705 | -€182,799 | -2.6% |
| Amounts payable after more than one year | 17 | €889,000 | €689,000 | -€200,000 | -22.5% |
| Financial debts | 170/4 | €889,000 | €689,000 | -€200,000 | -22.5% |
| Amounts payable within one year | 42/48 | €6,105,038 | €6,174,580 | +€69,542 | +1.1% |
| Financial debts | 43 | €2,052,487 | €2,014,567 | -€37,920 | -1.8% |
| Credit institutions | 430/8 | €2,052,487 | €2,014,567 | -€37,920 | -1.8% |
| Trade debts | 44 | €135,713 | €117,205 | -€18,508 | -13.6% |
| Suppliers | 440/4 | €135,713 | €117,205 | -€18,508 | -13.6% |
| Taxes, remuneration and social security | 45 | €27 | €168,643 | +€168,616 | +622,428% |
| Taxes | 450/3 | €27 | €168,643 | +€168,616 | +622,428% |
| Other amounts payable | 47/48 | €3,916,811 | €3,874,165 | -€42,646 | -1.1% |
| Accrued charges and deferred income | 492/3 | €62,466 | €10,125 | -€52,341 | -83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,278 | €5,278 | = | 0.0% |
| Other operating charges | 640/8 | €2,830 | €2,778 | -€52 | -1.8% |
| Gross operating margin | 9900 | €517,922 | €587,965 | +€70,043 | +13.5% |
| Operating profit (loss) | 9901 | €509,815 | €579,910 | +€70,095 | +13.7% |
| Financial income | 75/76B | €2 | €0 | -€2 | -98.1% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -98.1% |
| Financial charges | 65/66B | €138,559 | €107,858 | -€30,701 | -22.2% |
| Recurring financial charges | 65 | €138,559 | €107,858 | -€30,701 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €371,257 | €472,051 | +€100,794 | +27.1% |
| Income taxes | 67/77 | - | €98,435 | +€98,435 | |
| Profit (loss) for the period | 9904 | €371,257 | €373,616 | +€2,359 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €371,257 | €373,616 | +€2,359 | +0.6% |
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 20 October 2026 via checked.be.