CORKY: 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.
CORKY
Largest movements
- Stocks and contracts -€59,277
down €59,277 (-26.8%), from €221,348 to €162,072
- Receivables within one year -€17,694
down €17,694 (-64.4%), from €27,457 to €9,763
of which Trade receivables: -€17,694
- Tangible fixed assets +€5,700
up €5,700 (+61.0%), from €9,341 to €15,040
of which Other tangible fixed assets: +€6,257
- Cash +€3,573
up €3,573 (+38.2%), from €9,351 to €12,924
mainly Stocks and contracts (+€59,277) and Net result for the year (+€18,671)
- Other debts -€69,578
down €69,578 (-55.5%), from €125,263 to €55,685
- Trade debts -€27,244
down €27,244 (-44.2%), from €61,629 to €34,384
- Reserves +€18,671
up €18,671 (+318.9%), from €5,856 to €24,527
- Accrued charges and deferred income +€5,311
new in 2025: €5,311
- Short-term financial debts +€5,000
up €5,000 (+25.0%), from €20,000 to €25,000
- Gross operating margin +€55,727
up €55,727, from -€4,476 to €51,252
- Write-downs +€21,009
up €21,009, from -€4,670 to €16,338
- Other operating charges -€12,148
down €12,148 (-81.0%), from €15,003 to €2,855
- Taxes +€4,761
up €4,761 (+3981.8%), from €120 to €4,881
- Financial charges -€4,028
down €4,028 (-36.0%), from €11,187 to €7,158
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €285,513 | €217,851 | -€67,663 | -23.7% |
| Fixed assets | 21/28 | €10,287 | €15,277 | +€4,990 | +48.5% |
| Intangible fixed assets | 21 | €947 | €237 | -€710 | -75.0% |
| Tangible fixed assets | 22/27 | €9,341 | €15,040 | +€5,700 | +61.0% |
| Furniture and vehicles | 24 | €3,184 | €2,626 | -€558 | -17.5% |
| Other tangible fixed assets | 26 | €6,157 | €12,414 | +€6,257 | +101.6% |
| Current assets | 29/58 | €275,226 | €202,574 | -€72,652 | -26.4% |
| Stocks and contracts in progress | 3 | €221,348 | €162,072 | -€59,277 | -26.8% |
| Stocks | 30/36 | €221,348 | €162,072 | -€59,277 | -26.8% |
| Amounts receivable within one year | 40/41 | €27,457 | €9,763 | -€17,694 | -64.4% |
| Trade receivables | 40 | €26,257 | €8,563 | -€17,694 | -67.4% |
| Other amounts receivable | 41 | €1,200 | €1,200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,351 | €12,924 | +€3,573 | +38.2% |
| Deferred charges and accrued income | 490/1 | €17,069 | €17,815 | +€745 | +4.4% |
| Total equity and liabilities | 10/49 | €285,513 | €217,851 | -€67,663 | -23.7% |
| Equity | 10/15 | €18,923 | €37,594 | +€18,671 | +98.7% |
| Contributions | 10/11 | €13,067 | €13,067 | = | 0.0% |
| Reserves | 13 | €5,856 | €24,527 | +€18,671 | +318.9% |
| Distributable reserves | 133 | €5,856 | €24,527 | +€18,671 | +318.9% |
| Amounts payable | 17/49 | €266,591 | €180,257 | -€86,334 | -32.4% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €216,591 | €124,946 | -€91,645 | -42.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €20,000 | €25,000 | +€5,000 | +25.0% |
| Credit institutions | 430/8 | €20,000 | €25,000 | +€5,000 | +25.0% |
| Trade debts | 44 | €61,629 | €34,384 | -€27,244 | -44.2% |
| Suppliers | 440/4 | €61,629 | €34,384 | -€27,244 | -44.2% |
| Advances received on contracts in progress | 46 | €3,250 | €0 | -€3,250 | -100.0% |
| Taxes, remuneration and social security | 45 | €6,449 | €9,876 | +€3,427 | +53.1% |
| Taxes | 450/3 | €6,449 | €9,876 | +€3,427 | +53.1% |
| Other amounts payable | 47/48 | €125,263 | €55,685 | -€69,578 | -55.5% |
| Accrued charges and deferred income | 492/3 | - | €5,311 | +€5,311 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,214 | €2,412 | +€198 | +9.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,670 | €16,338 | +€21,009 | |
| Other operating charges | 640/8 | €15,003 | €2,855 | -€12,148 | -81.0% |
| Gross operating margin | 9900 | -€4,476 | €51,252 | +€55,727 | |
| Operating profit (loss) | 9901 | -€17,022 | €29,646 | +€46,668 | |
| Financial income | 75/76B | €80 | €1,064 | +€984 | +1231.5% |
| Recurring financial income | 75 | €80 | €1,064 | +€984 | +1231.5% |
| Financial charges | 65/66B | €11,187 | €7,158 | -€4,028 | -36.0% |
| Recurring financial charges | 65 | €11,187 | €7,158 | -€4,028 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | -€28,129 | €23,552 | +€51,681 | |
| Income taxes | 67/77 | €120 | €4,881 | +€4,761 | +3981.8% |
| Profit (loss) for the period | 9904 | -€28,248 | €18,671 | +€46,919 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,248 | €18,671 | +€46,919 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.