CORL: 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.
CORL
Largest movements
- Cash +€16,151
up €16,151 (+886.9%), from €1,821 to €17,972
mainly Net result for the year (+€26,584) and Tax, wage and social debts (+€12,785)
- Deferred charges and accrued income +€14,091
new in 2025: €14,091
- Tangible fixed assets +€8,263
up €8,263 (+984.1%), from €840 to €9,102
of which Other tangible fixed assets: +€8,556
- Reserves +€14,158
new in 2025: €14,158
- Tax, wage and social debts +€12,785
up €12,785 (+39730.9%), from €32 to €12,818
- Profit (loss) carried forward +€12,426
no longer reported in 2025 (was -€12,426)
- Other debts -€1,899
down €1,899 (-16.5%), from €11,492 to €9,593
- Accrued charges and deferred income +€585
new in 2025: €585
- Gross operating margin +€47,229
up €47,229, from -€11,861 to €35,368
- Taxes +€7,178
up €7,178 (+22306.4%), from €32 to €7,210
- Financial charges +€867
up €867 (+12256.2%), from €7 to €874
- Depreciation +€461
up €461 (+1089.8%), from €42 to €504
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 | €2,661 | €41,166 | +€38,505 | +1447.1% |
| Fixed assets | 21/28 | €840 | €9,102 | +€8,263 | +984.1% |
| Tangible fixed assets | 22/27 | €840 | €9,102 | +€8,263 | +984.1% |
| Furniture and vehicles | 24 | €840 | €546 | -€293 | -34.9% |
| Other tangible fixed assets | 26 | - | €8,556 | +€8,556 | |
| Current assets | 29/58 | €1,821 | €32,063 | +€30,242 | +1660.6% |
| Cash at bank and in hand | 54/58 | €1,821 | €17,972 | +€16,151 | +886.9% |
| Deferred charges and accrued income | 490/1 | - | €14,091 | +€14,091 | |
| Total equity and liabilities | 10/49 | €2,661 | €41,166 | +€38,505 | +1447.1% |
| Equity | 10/15 | -€10,426 | €16,158 | +€26,584 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €14,158 | +€14,158 | |
| Distributable reserves | 133 | - | €14,158 | +€14,158 | |
| Profit (loss) carried forward | 14 | -€12,426 | - | +€12,426 | |
| Amounts payable | 17/49 | €13,087 | €25,007 | +€11,921 | +91.1% |
| Amounts payable within one year | 42/48 | €13,087 | €24,422 | +€11,335 | +86.6% |
| Trade debts | 44 | €1,563 | €2,012 | +€449 | +28.7% |
| Suppliers | 440/4 | €1,563 | €2,012 | +€449 | +28.7% |
| Taxes, remuneration and social security | 45 | €32 | €12,818 | +€12,785 | +39730.9% |
| Taxes | 450/3 | €32 | €12,818 | +€12,785 | +39730.9% |
| Other amounts payable | 47/48 | €11,492 | €9,593 | -€1,899 | -16.5% |
| Accrued charges and deferred income | 492/3 | - | €585 | +€585 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42 | €504 | +€461 | +1089.8% |
| Other operating charges | 640/8 | €489 | €259 | -€230 | -47.1% |
| Gross operating margin | 9900 | -€11,861 | €35,368 | +€47,229 | |
| Operating profit (loss) | 9901 | -€12,392 | €34,606 | +€46,998 | |
| Financial income | 75/76B | €5 | €62 | +€57 | +1147.4% |
| Recurring financial income | 75 | €5 | €62 | +€57 | +1147.4% |
| Financial charges | 65/66B | €7 | €874 | +€867 | +12256.2% |
| Recurring financial charges | 65 | €7 | €874 | +€867 | +12256.2% |
| Profit (loss) for the period before taxes | 9903 | -€12,394 | €33,795 | +€46,188 | |
| Income taxes | 67/77 | €32 | €7,210 | +€7,178 | +22306.4% |
| Profit (loss) for the period | 9904 | -€12,426 | €26,584 | +€39,010 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,426 | €26,584 | +€39,010 |
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 7 October 2026 via checked.be.