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Corosa: 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.

What changed

Corosa

BE 0404.008.463
NACE 38.210, Materials recovery from waste
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€466,796
2024 · €637,564-€170,769
Equity
€1.4m
2024 · €1.8m-€406,399
Cash
€685,199
2024 · €675,725+€9,474
Balance sheet total
€2.4m
2024 · €2.4m+€16,489

Largest movements

2024 to 2025
Assets
  • Stocks and contracts +€154,049

    up €154,049 (+20.9%), from €737,942 to €891,991

  • Tangible fixed assets -€97,407

    down €97,407 (-25.3%), from €384,284 to €286,877

    of which Plant, machinery and equipment: -€58,945

  • Receivables within one year -€49,326

    down €49,326 (-8.4%), from €585,248 to €535,922

    of which Trade receivables: -€49,947

Equity and liabilities
  • Other debts +€527,236

    up €527,236 (+378.2%), from €139,425 to €666,661

  • Reserves -€406,399

    down €406,399 (-22.1%), from €1.8m to €1.4m

  • Trade debts -€184,967

    down €184,967 (-68.2%), from €271,251 to €86,284

  • Tax, wage and social debts +€80,620

    up €80,620 (+64.1%), from €125,745 to €206,365

    of which Taxes: +€89,032

Income statement
  • Gross operating margin -€192,989

    down €192,989 (-15.9%), from €1.2m to €1.0m

  • Taxes -€78,177

    down €78,177 (-26.4%), from €295,822 to €217,645

  • Financial income -€47,256

    down €47,256 (-65.5%), from €72,111 to €24,856

  • Depreciation +€17,081

    up €17,081 (+19.8%), from €86,384 to €103,465

  • Financial charges +€15,660

    up €15,660 (+115.6%), from €13,543 to €29,203

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €637,564
Gross operating margin -€192,989
Staff costs +€9,519
Depreciation -€17,081
Write-downs +€10,320
Other operating charges +€262
Other operating items +€3,939
Financial income -€47,256
Financial charges -€15,660
Taxes +€78,177
Result 2025 €466,796

Cash bridge derived

cash 2024 to 2025

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.

From operations +€888,426
Investment -€5,757
Financing -€873,195
Cash 2024 €675,725
Net result for the year +€466,796
Depreciation +€103,465
Stocks and contracts -€154,049
Receivables within one year +€49,326
Trade debts -€184,967
Tax, wage and social debts +€80,620
Other debts +€527,236
Investment in fixed assets (net) -€5,757
Contributions, distributions and other -€873,195
Cash 2025 €685,199
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,383,500 €2,399,990 +€16,489 +0.7%
Fixed assets 21/28 €384,586 €286,877 -€97,708 -25.4%
Intangible fixed assets 21 €301 - -€301
Tangible fixed assets 22/27 €384,284 €286,877 -€97,407 -25.3%
Plant, machinery and equipment 23 €250,379 €191,434 -€58,945 -23.5%
Furniture and vehicles 24 €133,905 €95,443 -€38,462 -28.7%
Current assets 29/58 €1,998,915 €2,113,112 +€114,198 +5.7%
Stocks and contracts in progress 3 €737,942 €891,991 +€154,049 +20.9%
Stocks 30/36 €737,942 €891,991 +€154,049 +20.9%
Amounts receivable within one year 40/41 €585,248 €535,922 -€49,326 -8.4%
Trade receivables 40 €580,933 €530,986 -€49,947 -8.6%
Other amounts receivable 41 €4,314 €4,936 +€622 +14.4%
Cash at bank and in hand 54/58 €675,725 €685,199 +€9,474 +1.4%
Total equity and liabilities 10/49 €2,383,500 €2,399,990 +€16,489 +0.7%
Equity 10/15 €1,847,079 €1,440,680 -€406,399 -22.0%
Contributions 10/11 €7,167 €7,167 = 0.0%
Reserves 13 €1,839,913 €1,433,513 -€406,399 -22.1%
Distributable reserves 133 €1,839,913 €1,433,513 -€406,399 -22.1%
Amounts payable 17/49 €536,421 €959,309 +€422,889 +78.8%
Amounts payable within one year 42/48 €536,421 €959,309 +€422,889 +78.8%
Trade debts 44 €271,251 €86,284 -€184,967 -68.2%
Suppliers 440/4 €271,251 €86,284 -€184,967 -68.2%
Taxes, remuneration and social security 45 €125,745 €206,365 +€80,620 +64.1%
Taxes 450/3 €102,538 €191,570 +€89,032 +86.8%
Remuneration and social security 454/9 €23,207 €14,795 -€8,412 -36.2%
Other amounts payable 47/48 €139,425 €666,661 +€527,236 +378.2%
Non-recurring operating income 76A - €1,500 +€1,500
Remuneration, social security and pensions 62 €232,650 €223,130 -€9,519 -4.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €86,384 €103,465 +€17,081 +19.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 €10,320 - -€10,320
Other operating charges 640/8 €2,355 €2,093 -€262 -11.1%
Non-recurring operating charges 66A €3,939 - -€3,939
Gross operating margin 9900 €1,210,465 €1,017,476 -€192,989 -15.9%
Operating profit (loss) 9901 €874,818 €688,788 -€186,030 -21.3%
Financial income 75/76B €72,111 €24,856 -€47,256 -65.5%
Recurring financial income 75 €72,111 €24,856 -€47,256 -65.5%
Financial charges 65/66B €13,543 €29,203 +€15,660 +115.6%
Recurring financial charges 65 €13,543 €29,203 +€15,660 +115.6%
Profit (loss) for the period before taxes 9903 €933,386 €684,441 -€248,946 -26.7%
Income taxes 67/77 €295,822 €217,645 -€78,177 -26.4%
Profit (loss) for the period 9904 €637,564 €466,796 -€170,769 -26.8%
Profit (loss) for the period to be appropriated 9905 €637,564 €466,796 -€170,769 -26.8%

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 29 September 2026 via checked.be.