CORLYP: 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.
CORLYP
Largest movements
- Receivables within one year -€337,192
down €337,192 (-34.3%), from €983,000 to €645,808
of which Trade receivables: -€278,621
- Stocks and contracts +€70,000
up €70,000 (+15.1%), from €463,647 to €533,647
- Tangible fixed assets -€45,829
down €45,829 (-8.5%), from €537,383 to €491,554
of which Land and buildings: -€46,323
- Cash +€28,285
up €28,285 (+305.6%), from €9,255 to €37,539
mainly Receivables within one year (+€337,192) and Depreciation (+€49,769)
- Reserves -€261,820
down €261,820 (-39.9%), from €655,695 to €393,875
of which Tax-exempt reserves: -€176,820
- Profit (loss) carried forward +€183,899
up €183,899 (+73.2%), from -€251,274 to -€67,375
- Short-term financial debts -€100,000
down €100,000 (-33.3%), from €300,000 to €200,000
- Trade debts -€72,380
down €72,380 (-10.9%), from €666,330 to €593,949
- Debts after one year -€32,677
down €32,677 (-26.4%), from €123,877 to €91,200
- Gross operating margin +€30,431
up €30,431, from -€3,935 to €26,495
- Financial charges +€10,502
up €10,502 (+32.4%), from €32,365 to €42,867
- Depreciation -€5,803
down €5,803 (-10.4%), from €55,572 to €49,769
- Other operating charges +€5,556
up €5,556 (+89.3%), from €6,222 to €11,778
- Financial income -€3,803
down €3,803 (-92.4%), from €4,117 to €314
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 | €2,045,153 | €1,752,122 | -€293,031 | -14.3% |
| Fixed assets | 21/28 | €538,628 | €492,799 | -€45,829 | -8.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €537,383 | €491,554 | -€45,829 | -8.5% |
| Land and buildings | 22 | €535,774 | €489,451 | -€46,323 | -8.6% |
| Plant, machinery and equipment | 23 | €1,116 | €194 | -€922 | -82.6% |
| Furniture and vehicles | 24 | €493 | €1,909 | +€1,416 | +287.4% |
| Financial fixed assets | 28 | €1,245 | €1,245 | = | 0.0% |
| Current assets | 29/58 | €1,506,525 | €1,259,323 | -€247,202 | -16.4% |
| Amounts receivable after more than one year | 29 | €32,250 | €29,250 | -€3,000 | -9.3% |
| Trade receivables | 290 | €32,250 | €29,250 | -€3,000 | -9.3% |
| Stocks and contracts in progress | 3 | €463,647 | €533,647 | +€70,000 | +15.1% |
| Stocks | 30/36 | €463,647 | €533,647 | +€70,000 | +15.1% |
| Amounts receivable within one year | 40/41 | €983,000 | €645,808 | -€337,192 | -34.3% |
| Trade receivables | 40 | €892,920 | €614,299 | -€278,621 | -31.2% |
| Other amounts receivable | 41 | €90,080 | €31,509 | -€58,571 | -65.0% |
| Cash at bank and in hand | 54/58 | €9,255 | €37,539 | +€28,285 | +305.6% |
| Deferred charges and accrued income | 490/1 | €18,373 | €13,079 | -€5,295 | -28.8% |
| Total equity and liabilities | 10/49 | €2,045,153 | €1,752,122 | -€293,031 | -14.3% |
| Equity | 10/15 | €466,420 | €388,499 | -€77,921 | -16.7% |
| 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% |
| Reserves | 13 | €655,695 | €393,875 | -€261,820 | -39.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €176,820 | €0 | -€176,820 | -100.0% |
| Distributable reserves | 133 | €472,675 | €387,675 | -€85,000 | -18.0% |
| Profit (loss) carried forward | 14 | -€251,274 | -€67,375 | +€183,899 | +73.2% |
| Amounts payable | 17/49 | €1,578,733 | €1,363,623 | -€215,110 | -13.6% |
| Amounts payable after more than one year | 17 | €123,877 | €91,200 | -€32,677 | -26.4% |
| Financial debts | 170/4 | €123,877 | €91,200 | -€32,677 | -26.4% |
| Amounts payable within one year | 42/48 | €1,439,403 | €1,242,235 | -€197,168 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €32,131 | €32,677 | +€546 | +1.7% |
| Financial debts | 43 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Credit institutions | 430/8 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Trade debts | 44 | €666,330 | €593,949 | -€72,380 | -10.9% |
| Suppliers | 440/4 | €666,330 | €593,949 | -€72,380 | -10.9% |
| Taxes, remuneration and social security | 45 | €21,319 | €9,337 | -€11,982 | -56.2% |
| Taxes | 450/3 | €21,319 | €9,337 | -€11,982 | -56.2% |
| Other amounts payable | 47/48 | €419,622 | €406,271 | -€13,352 | -3.2% |
| Accrued charges and deferred income | 492/3 | €15,454 | €30,189 | +€14,735 | +95.4% |
| Non-recurring operating income | 76A | €6,500 | €0 | -€6,500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,572 | €49,769 | -€5,803 | -10.4% |
| Other operating charges | 640/8 | €6,222 | €11,778 | +€5,556 | +89.3% |
| Gross operating margin | 9900 | -€3,935 | €26,495 | +€30,431 | |
| Operating profit (loss) | 9901 | -€65,729 | -€35,052 | +€30,677 | +46.7% |
| Financial income | 75/76B | €4,117 | €314 | -€3,803 | -92.4% |
| Recurring financial income | 75 | €4,117 | €314 | -€3,803 | -92.4% |
| Financial charges | 65/66B | €32,365 | €42,867 | +€10,502 | +32.4% |
| Recurring financial charges | 65 | €32,365 | €42,867 | +€10,502 | +32.4% |
| Profit (loss) for the period before taxes | 9903 | -€93,977 | -€77,605 | +€16,372 | +17.4% |
| Income taxes | 67/77 | €476 | €316 | -€160 | -33.6% |
| Profit (loss) for the period | 9904 | -€94,453 | -€77,921 | +€16,532 | +17.5% |
| Transfer from tax-exempt reserves | 789 | €0 | €176,820 | +€176,820 | +176819900.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€94,453 | €98,899 | +€193,352 |
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 9 October 2026 via checked.be.