COROUGE PASCALE: 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.
COROUGE PASCALE
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Cash -€177,264
down €177,264 (-50.9%), from €348,047 to €170,783
mainly Current investments (-€200,000) and Contributions, distributions and other (-€139,640)
- Tangible fixed assets +€29,516
up €29,516, from €0 to €29,516
of which Furniture and vehicles: +€29,516
- Deferred charges and accrued income -€10,257
down €10,257 (-33.6%), from €30,536 to €20,279
- Other debts +€118,669
up €118,669 (+316%), from €37,516 to €156,185
- Reserves -€56,095
down €56,095 (-19.6%), from €286,153 to €230,058
of which Distributable reserves: -€56,095
- Trade debts -€13,161
down €13,161 (-100%), from €13,161 to €0
- Tax, wage and social debts -€7,820
down €7,820 (-26.2%), from €29,876 to €22,056
of which Remuneration and social security: -€10,694
- Gross operating margin +€4,310
up €4,310 (+3.9%), from €110,133 to €114,443
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 | €379,106 | €420,699 | +€41,593 | +11.0% |
| Fixed assets | 21/28 | €67 | €29,583 | +€29,516 | +43,981% |
| Tangible fixed assets | 22/27 | €0 | €29,516 | +€29,516 | |
| Furniture and vehicles | 24 | €0 | €29,516 | +€29,516 | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €67 | €67 | = | 0.0% |
| Current assets | 29/58 | €379,039 | €391,117 | +€12,078 | +3.2% |
| Amounts receivable within one year | 40/41 | €456 | €55 | -€401 | -87.9% |
| Trade receivables | 40 | €456 | €55 | -€401 | -87.9% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €348,047 | €170,783 | -€177,264 | -50.9% |
| Deferred charges and accrued income | 490/1 | €30,536 | €20,279 | -€10,257 | -33.6% |
| Total equity and liabilities | 10/49 | €379,106 | €420,699 | +€41,593 | +11.0% |
| Equity | 10/15 | €298,553 | €242,458 | -€56,095 | -18.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €286,153 | €230,058 | -€56,095 | -19.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €284,293 | €228,198 | -€56,095 | -19.7% |
| Amounts payable | 17/49 | €80,553 | €178,241 | +€97,689 | +121% |
| Amounts payable within one year | 42/48 | €80,553 | €178,241 | +€97,689 | +121% |
| Trade debts | 44 | €13,161 | €0 | -€13,161 | -100% |
| Suppliers | 440/4 | €13,161 | €0 | -€13,161 | -100% |
| Taxes, remuneration and social security | 45 | €29,876 | €22,056 | -€7,820 | -26.2% |
| Taxes | 450/3 | €19,182 | €22,056 | +€2,874 | +15.0% |
| Remuneration and social security | 454/9 | €10,694 | - | -€10,694 | |
| Other amounts payable | 47/48 | €37,516 | €156,185 | +€118,669 | +316% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €948 | +€948 | |
| Other operating charges | 640/8 | €884 | €425 | -€460 | -52.0% |
| Gross operating margin | 9900 | €110,133 | €114,443 | +€4,310 | +3.9% |
| Operating profit (loss) | 9901 | €109,249 | €113,070 | +€3,821 | +3.5% |
| Financial income | 75/76B | €3,956 | €2,978 | -€978 | -24.7% |
| Recurring financial income | 75 | €3,956 | €2,978 | -€978 | -24.7% |
| Financial charges | 65/66B | €205 | €228 | +€23 | +11.1% |
| Recurring financial charges | 65 | €205 | €228 | +€23 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €113,000 | €115,821 | +€2,821 | +2.5% |
| Income taxes | 67/77 | €32,674 | €32,276 | -€398 | -1.2% |
| Profit (loss) for the period | 9904 | €80,325 | €83,545 | +€3,219 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €80,325 | €83,545 | +€3,219 | +4.0% |
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 15 October 2026 via checked.be.