CORPOFIX: 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.
CORPOFIX
Largest movements
- Current investments +€110,601
new in 2025: €110,601
- Cash -€42,973
down €42,973 (-34.4%), from €124,845 to €81,872
mainly Current investments (-€110,601) and Tax, wage and social debts (-€12,198)
- Reserves +€88,728
up €88,728 (+88.1%), from €100,750 to €189,478
- Tax, wage and social debts -€12,198
down €12,198 (-63.7%), from €19,157 to €6,959
of which Taxes: -€12,198
- Debts after one year -€6,708
down €6,708 (-100.0%), from €6,708 to €0
- Gross operating margin +€20,402
up €20,402 (+19.1%), from €107,067 to €127,470
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 | €142,977 | €211,649 | +€68,672 | +48.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €14,443 | €13,331 | -€1,113 | -7.7% |
| Tangible fixed assets | 22/27 | €14,443 | €13,331 | -€1,113 | -7.7% |
| Plant, machinery and equipment | 23 | €1,750 | €1,143 | -€607 | -34.7% |
| Furniture and vehicles | 24 | €12,693 | €6,288 | -€6,405 | -50.5% |
| Other tangible fixed assets | 26 | - | €5,899 | +€5,899 | |
| Current assets | 29/58 | €128,534 | €198,319 | +€69,785 | +54.3% |
| Amounts receivable within one year | 40/41 | €2,572 | €4,527 | +€1,955 | +76.0% |
| Trade receivables | 40 | €2,572 | €3,733 | +€1,161 | +45.2% |
| Other amounts receivable | 41 | - | €794 | +€794 | |
| Current investments | 50/53 | - | €110,601 | +€110,601 | |
| Cash at bank and in hand | 54/58 | €124,845 | €81,872 | -€42,973 | -34.4% |
| Deferred charges and accrued income | 490/1 | €1,117 | €1,319 | +€202 | +18.1% |
| Total equity and liabilities | 10/49 | €142,977 | €211,649 | +€68,672 | +48.0% |
| Equity | 10/15 | €100,850 | €189,578 | +€88,728 | +88.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €100,750 | €189,478 | +€88,728 | +88.1% |
| Distributable reserves | 133 | €100,750 | €189,478 | +€88,728 | +88.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €42,127 | €22,071 | -€20,056 | -47.6% |
| Amounts payable after more than one year | 17 | €6,708 | €0 | -€6,708 | -100.0% |
| Financial debts | 170/4 | €6,708 | €0 | -€6,708 | -100.0% |
| Amounts payable within one year | 42/48 | €33,235 | €19,479 | -€13,756 | -41.4% |
| Current portion of amounts payable after more than one year | 42 | €8,593 | €6,708 | -€1,885 | -21.9% |
| Trade debts | 44 | €496 | €1,281 | +€785 | +158.1% |
| Suppliers | 440/4 | €496 | €1,281 | +€785 | +158.1% |
| Taxes, remuneration and social security | 45 | €19,157 | €6,959 | -€12,198 | -63.7% |
| Taxes | 450/3 | €17,657 | €5,459 | -€12,198 | -69.1% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €4,989 | €4,531 | -€459 | -9.2% |
| Accrued charges and deferred income | 492/3 | €2,184 | €2,592 | +€407 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,661 | €10,840 | +€1,179 | +12.2% |
| Other operating charges | 640/8 | €643 | €631 | -€12 | -1.8% |
| Gross operating margin | 9900 | €107,067 | €127,470 | +€20,402 | +19.1% |
| Operating profit (loss) | 9901 | €96,764 | €115,999 | +€19,235 | +19.9% |
| Financial income | 75/76B | €48 | €854 | +€807 | +1690.3% |
| Recurring financial income | 75 | €48 | €854 | +€807 | +1690.3% |
| Financial charges | 65/66B | €1,052 | €663 | -€389 | -37.0% |
| Recurring financial charges | 65 | €1,052 | €663 | -€389 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €95,759 | €116,190 | +€20,431 | +21.3% |
| Income taxes | 67/77 | €24,473 | €23,462 | -€1,011 | -4.1% |
| Profit (loss) for the period | 9904 | €71,286 | €92,728 | +€21,442 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €71,286 | €92,728 | +€21,442 | +30.1% |
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 30 September 2026 via checked.be.