CORKI: 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.
What changed
CORKI
NACE 43.331, Floor and wall tiling
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€12,936
2024 · -€49,921+€62,857
Equity
€241,956
2024 · €229,020+€12,936
Cash
€54,474
2024 · €54,212+€262
Balance sheet total
€690,962
2024 · €683,886+€7,076
Largest movements
Assets
- Stocks and contracts +€7,141
up €7,141 (+31.0%), from €23,017 to €30,157
Equity and liabilities
- Debts after one year -€28,077
down €28,077 (-7.9%), from €355,699 to €327,623
of which Financial debts: -€28,077
- Trade debts +€18,877
up €18,877 (+43.3%), from €43,559 to €62,436
- Reserves +€12,936
up €12,936 (+6.1%), from €210,428 to €223,364
of which Distributable reserves: +€12,936
Income statement
- Gross operating margin +€85,750
up €85,750 (+265.5%), from €32,294 to €118,044
- Staff costs +€20,858
up €20,858 (+48.7%), from €42,872 to €63,731
- Financial charges +€2,005
up €2,005 (+26.8%), from €7,469 to €9,475
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
-€49,921
Gross operating margin
+€85,750
Staff costs
-€20,858
Depreciation
-€187
Other operating charges
+€323
Financial income
-€166
Financial charges
-€2,005
Taxes
+€1
Result 2025
€12,936
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
+€57,766
Investment
-€30,053
Financing
-€27,452
Cash 2024
€54,212
From operations (derived)
+€57,766
Net result for the year
+€12,936
Depreciation
+€29,913
Stocks and contracts
-€7,141
Receivables within one year
+€4,358
Deferred charges and accrued income
-€3,892
Trade debts
+€18,877
Tax, wage and social debts
-€2,302
Advances received
+€6,096
Other debts
-€1,169
Accrued charges and deferred income
+€89
Investment (derived)
-€30,053
Investment in fixed assets (net)
-€30,053
Financing
-€27,452
Debts after one year
-€28,077
Current portion of long-term debt
+€625
Cash 2025
€54,474
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €683,886 | €690,962 | +€7,076 | +1.0% |
| Fixed assets | 21/28 | €582,774 | €582,913 | +€140 | 0.0% |
| Tangible fixed assets | 22/27 | €582,774 | €582,913 | +€140 | 0.0% |
| Land and buildings | 22 | €481,333 | €453,881 | -€27,452 | -5.7% |
| Furniture and vehicles | 24 | €3,786 | €1,325 | -€2,461 | -65.0% |
| Assets under construction and advance payments | 27 | €97,655 | €127,707 | +€30,053 | +30.8% |
| Current assets | 29/58 | €101,112 | €108,049 | +€6,937 | +6.9% |
| Stocks and contracts in progress | 3 | €23,017 | €30,157 | +€7,141 | +31.0% |
| Stocks | 30/36 | €23,017 | €30,157 | +€7,141 | +31.0% |
| Amounts receivable within one year | 40/41 | €19,155 | €14,796 | -€4,358 | -22.8% |
| Trade receivables | 40 | €16,517 | €66 | -€16,452 | -99.6% |
| Other amounts receivable | 41 | €2,637 | €14,731 | +€12,094 | +458.6% |
| Cash at bank and in hand | 54/58 | €54,212 | €54,474 | +€262 | +0.5% |
| Deferred charges and accrued income | 490/1 | €4,729 | €8,621 | +€3,892 | +82.3% |
| Total equity and liabilities | 10/49 | €683,886 | €690,962 | +€7,076 | +1.0% |
| Equity | 10/15 | €229,020 | €241,956 | +€12,936 | +5.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €210,428 | €223,364 | +€12,936 | +6.1% |
| Tax-exempt reserves | 132 | €8,057 | €8,057 | = | 0.0% |
| Distributable reserves | 133 | €202,371 | €215,306 | +€12,936 | +6.4% |
| Amounts payable | 17/49 | €454,866 | €449,006 | -€5,859 | -1.3% |
| Amounts payable after more than one year | 17 | €355,699 | €327,623 | -€28,077 | -7.9% |
| Financial debts | 170/4 | €355,699 | €327,623 | -€28,077 | -7.9% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €99,166 | €121,294 | +€22,128 | +22.3% |
| Current portion of amounts payable after more than one year | 42 | €27,452 | €28,077 | +€625 | +2.3% |
| Trade debts | 44 | €43,559 | €62,436 | +€18,877 | +43.3% |
| Suppliers | 440/4 | €43,559 | €62,436 | +€18,877 | +43.3% |
| Advances received on contracts in progress | 46 | €12,890 | €18,987 | +€6,096 | +47.3% |
| Taxes, remuneration and social security | 45 | €2,343 | €42 | -€2,302 | -98.2% |
| Taxes | 450/3 | €987 | €42 | -€945 | -95.8% |
| Remuneration and social security | 454/9 | €1,357 | €0 | -€1,357 | -100.0% |
| Other amounts payable | 47/48 | €12,922 | €11,753 | -€1,169 | -9.0% |
| Accrued charges and deferred income | 492/3 | - | €89 | +€89 | |
| Remuneration, social security and pensions | 62 | €42,872 | €63,731 | +€20,858 | +48.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,725 | €29,913 | +€187 | +0.6% |
| Other operating charges | 640/8 | €3,550 | €3,226 | -€323 | -9.1% |
| Gross operating margin | 9900 | €32,294 | €118,044 | +€85,750 | +265.5% |
| Operating profit (loss) | 9901 | -€43,854 | €21,174 | +€65,028 | |
| Financial income | 75/76B | €1,402 | €1,236 | -€166 | -11.8% |
| Recurring financial income | 75 | €1,402 | €1,236 | -€166 | -11.8% |
| Financial charges | 65/66B | €7,469 | €9,475 | +€2,005 | +26.8% |
| Recurring financial charges | 65 | €7,469 | €9,475 | +€2,005 | +26.8% |
| Profit (loss) for the period before taxes | 9903 | -€49,921 | €12,936 | +€62,856 | |
| Income taxes | 67/77 | €1 | €0 | -€1 | -100.0% |
| Profit (loss) for the period | 9904 | -€49,921 | €12,936 | +€62,857 | |
| Profit (loss) for the period to be appropriated | 9905 | -€49,921 | €12,936 | +€62,857 |
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 10 October 2026 via checked.be.