Corland: 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.
Corland
Largest movements
- Cash +€49,573
up €49,573 (+63.6%), from €77,885 to €127,458
mainly Depreciation (+€39,745) and Net result for the year (+€36,378)
- Tangible fixed assets -€38,558
down €38,558 (-18.5%), from €208,656 to €170,098
of which Plant, machinery and equipment: -€29,945
- Deferred charges and accrued income -€3,921
down €3,921 (-100.0%), from €3,921 to €0
- Profit (loss) carried forward +€36,378
up €36,378 (+96.0%), from €37,913 to €74,292
- Debts after one year -€33,518
down €33,518 (-28.6%), from €117,281 to €83,764
- Trade debts +€10,763
up €10,763 (+65.9%), from €16,333 to €27,096
- Tax, wage and social debts -€8,204
down €8,204 (-20.1%), from €40,725 to €32,522
of which Taxes: -€5,587
- Gross operating margin +€25,160
up €25,160 (+9.4%), from €266,578 to €291,738
- Taxes +€4,140
up €4,140 (+77.9%), from €5,315 to €9,455
- Staff costs +€4,064
up €4,064 (+2.1%), from €193,931 to €197,995
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 | €308,679 | €315,862 | +€7,183 | +2.3% |
| Fixed assets | 21/28 | €208,656 | €170,098 | -€38,558 | -18.5% |
| Tangible fixed assets | 22/27 | €208,656 | €170,098 | -€38,558 | -18.5% |
| Plant, machinery and equipment | 23 | €175,937 | €145,992 | -€29,945 | -17.0% |
| Furniture and vehicles | 24 | €32,719 | €24,106 | -€8,613 | -26.3% |
| Current assets | 29/58 | €100,023 | €145,764 | +€45,741 | +45.7% |
| Stocks and contracts in progress | 3 | €12,803 | €13,394 | +€591 | +4.6% |
| Stocks | 30/36 | €12,803 | €13,394 | +€591 | +4.6% |
| Amounts receivable within one year | 40/41 | €5,414 | €4,912 | -€502 | -9.3% |
| Trade receivables | 40 | €4,723 | €3,639 | -€1,084 | -22.9% |
| Other amounts receivable | 41 | €691 | €1,272 | +€581 | +84.1% |
| Cash at bank and in hand | 54/58 | €77,885 | €127,458 | +€49,573 | +63.6% |
| Deferred charges and accrued income | 490/1 | €3,921 | €0 | -€3,921 | -100.0% |
| Total equity and liabilities | 10/49 | €308,679 | €315,862 | +€7,183 | +2.3% |
| Equity | 10/15 | €57,913 | €94,292 | +€36,378 | +62.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,913 | €74,292 | +€36,378 | +96.0% |
| Amounts payable | 17/49 | €250,766 | €221,571 | -€29,195 | -11.6% |
| Amounts payable after more than one year | 17 | €117,281 | €83,764 | -€33,518 | -28.6% |
| Financial debts | 170/4 | €117,281 | €83,764 | -€33,518 | -28.6% |
| Amounts payable within one year | 42/48 | €133,485 | €137,807 | +€4,322 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €32,664 | €33,516 | +€852 | +2.6% |
| Trade debts | 44 | €16,333 | €27,096 | +€10,763 | +65.9% |
| Suppliers | 440/4 | €16,333 | €27,096 | +€10,763 | +65.9% |
| Taxes, remuneration and social security | 45 | €40,725 | €32,522 | -€8,204 | -20.1% |
| Taxes | 450/3 | €16,696 | €11,109 | -€5,587 | -33.5% |
| Remuneration and social security | 454/9 | €24,029 | €21,413 | -€2,616 | -10.9% |
| Other amounts payable | 47/48 | €43,762 | €44,673 | +€911 | +2.1% |
| Remuneration, social security and pensions | 62 | €193,931 | €197,995 | +€4,064 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,461 | €39,745 | +€284 | +0.7% |
| Other operating charges | 640/8 | €553 | €1,399 | +€847 | +153.2% |
| Gross operating margin | 9900 | €266,578 | €291,738 | +€25,160 | +9.4% |
| Operating profit (loss) | 9901 | €32,633 | €52,599 | +€19,966 | +61.2% |
| Financial income | 75/76B | €58 | €59 | +€1 | +2.1% |
| Recurring financial income | 75 | €58 | €59 | +€1 | +2.1% |
| Financial charges | 65/66B | €4,319 | €6,826 | +€2,507 | +58.1% |
| Recurring financial charges | 65 | €4,319 | €6,826 | +€2,507 | +58.1% |
| Profit (loss) for the period before taxes | 9903 | €28,373 | €45,833 | +€17,460 | +61.5% |
| Income taxes | 67/77 | €5,315 | €9,455 | +€4,140 | +77.9% |
| Profit (loss) for the period | 9904 | €23,058 | €36,378 | +€13,320 | +57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,058 | €36,378 | +€13,320 | +57.8% |
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 12 October 2026 via checked.be.