CORO: 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.
CORO
Largest movements
- Receivables within one year +€60,519
up €60,519 (+255%), from €23,710 to €84,229
of which Other amounts receivable: +€61,333
- Cash -€53,625
down €53,625 (-69.0%), from €77,752 to €24,127
mainly Receivables within one year (-€60,519) and Short-term financial debts (-€12,759)
- Tangible fixed assets -€1,389
down €1,389 (-30.3%), from €4,580 to €3,191
- Short-term financial debts -€12,759
down €12,759 (-71.7%), from €17,803 to €5,045
- Debts after one year +€11,045
up €11,045 (+57.5%), from €19,197 to €30,243
- Profit (loss) carried forward +€7,961
up €7,961 (+15.9%), from €49,925 to €57,886
- Turnover +€126,121
new in 2025: €126,121
- Purchases and services +€108,059
new in 2025: €108,059
- Gross operating margin -€64,330
down €64,330 (-78.1%), from €82,392 to €18,061
- Other operating charges -€62,824
down €62,824 (-95.4%), from €65,847 to €3,023
- Financial charges +€5,689
new in 2025: €5,689
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.
Derived cash bridge
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 | €109,605 | €115,110 | +€5,505 | +5.0% |
| Fixed assets | 21/28 | €8,144 | €6,755 | -€1,389 | -17.1% |
| Tangible fixed assets | 22/27 | €4,580 | €3,191 | -€1,389 | -30.3% |
| Plant, machinery and equipment | 23 | €4,580 | €3,191 | -€1,389 | -30.3% |
| Financial fixed assets | 28 | €3,564 | €3,564 | = | 0.0% |
| Current assets | 29/58 | €101,462 | €108,356 | +€6,894 | +6.8% |
| Amounts receivable within one year | 40/41 | €23,710 | €84,229 | +€60,519 | +255% |
| Trade receivables | 40 | €1,923 | €1,108 | -€814 | -42.3% |
| Other amounts receivable | 41 | €21,788 | €83,120 | +€61,333 | +282% |
| Cash at bank and in hand | 54/58 | €77,752 | €24,127 | -€53,625 | -69.0% |
| Total equity and liabilities | 10/49 | €109,605 | €115,110 | +€5,505 | +5.0% |
| Equity | 10/15 | €68,525 | €76,486 | +€7,961 | +11.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | €49,925 | €57,886 | +€7,961 | +15.9% |
| Amounts payable | 17/49 | €41,080 | €38,624 | -€2,456 | -6.0% |
| Amounts payable after more than one year | 17 | €19,197 | €30,243 | +€11,045 | +57.5% |
| Financial debts | 170/4 | €19,197 | €30,243 | +€11,045 | +57.5% |
| Amounts payable within one year | 42/48 | €21,883 | €8,382 | -€13,501 | -61.7% |
| Financial debts | 43 | €17,803 | €5,045 | -€12,759 | -71.7% |
| Credit institutions | 430/8 | €17,803 | €5,045 | -€12,759 | -71.7% |
| Trade debts | 44 | €1,401 | €1,550 | +€149 | +10.6% |
| Suppliers | 440/4 | €1,401 | €1,550 | +€149 | +10.6% |
| Taxes, remuneration and social security | 45 | €2,678 | €1,787 | -€891 | -33.3% |
| Taxes | 450/3 | €2,678 | €1,787 | -€891 | -33.3% |
| Turnover | 70 | - | €126,121 | +€126,121 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €108,059 | +€108,059 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,067 | €1,389 | +€322 | +30.2% |
| Other operating charges | 640/8 | €65,847 | €3,023 | -€62,824 | -95.4% |
| Gross operating margin | 9900 | €82,392 | €18,061 | -€64,330 | -78.1% |
| Operating profit (loss) | 9901 | €15,477 | €13,650 | -€1,828 | -11.8% |
| Financial charges | 65/66B | - | €5,689 | +€5,689 | |
| Recurring financial charges | 65 | - | €5,689 | +€5,689 | |
| Profit (loss) for the period before taxes | 9903 | €15,477 | €7,961 | -€7,517 | -48.6% |
| Profit (loss) for the period | 9904 | €15,477 | €7,961 | -€7,517 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,477 | €7,961 | -€7,517 | -48.6% |
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 18 October 2026 via checked.be.