Corpowell: 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.
Corpowell
Largest movements
- Stocks and contracts +€375,772
up €375,772 (+44.6%), from €842,134 to €1.2m
- Cash +€341,545
up €341,545 (+563.2%), from €60,641 to €402,186
mainly Contributions, distributions and other (+€2.0m) and Depreciation (+€80,109)
- Deferred charges and accrued income +€336,532
up €336,532 (+1807.1%), from €18,623 to €355,155
- Formation expenses +€115,803
new in 2025: €115,803
- Intangible fixed assets +€115,010
up €115,010 (+205.6%), from €55,926 to €170,936
- Contributions +€2.0m
up €2.0m (+1290.3%), from €155,000 to €2.2m
- Profit (loss) carried forward -€506,546
down €506,546, from €14,068 to -€492,478
- Trade debts -€220,216
down €220,216 (-13.1%), from €1.7m to €1.5m
- Gross operating margin -€687,372
down €687,372, from €304,223 to -€383,149
- Depreciation +€43,225
up €43,225 (+117.2%), from €36,884 to €80,109
- Staff costs +€34,445
new in 2025: €34,445
- Financial income +€32,976
up €32,976 (+492.8%), from €6,692 to €39,668
- Other operating charges +€18,616
up €18,616 (+1098.2%), from €1,695 to €20,311
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 | €2,098,003 | €3,373,449 | +€1.3m | +60.8% |
| Formation expenses | 20 | - | €115,803 | +€115,803 | |
| Fixed assets | 21/28 | €267,160 | €349,205 | +€82,045 | +30.7% |
| Intangible fixed assets | 21 | €55,926 | €170,936 | +€115,010 | +205.6% |
| Tangible fixed assets | 22/27 | €211,235 | €174,584 | -€36,651 | -17.4% |
| Plant, machinery and equipment | 23 | €7,177 | €6,522 | -€655 | -9.1% |
| Furniture and vehicles | 24 | €578 | €2,448 | +€1,870 | +323.7% |
| Other tangible fixed assets | 26 | €203,480 | €165,614 | -€37,866 | -18.6% |
| Financial fixed assets | 28 | - | €3,686 | +€3,686 | |
| Current assets | 29/58 | €1,830,843 | €2,908,441 | +€1.1m | +58.9% |
| Amounts receivable after more than one year | 29 | €95,000 | €95,000 | = | 0.0% |
| Other amounts receivable | 291 | €95,000 | €95,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €842,134 | €1,217,906 | +€375,772 | +44.6% |
| Stocks | 30/36 | €842,134 | €1,217,906 | +€375,772 | +44.6% |
| Amounts receivable within one year | 40/41 | €814,446 | €838,193 | +€23,748 | +2.9% |
| Trade receivables | 40 | €773,122 | €707,467 | -€65,655 | -8.5% |
| Other amounts receivable | 41 | €41,323 | €130,726 | +€89,403 | +216.3% |
| Cash at bank and in hand | 54/58 | €60,641 | €402,186 | +€341,545 | +563.2% |
| Deferred charges and accrued income | 490/1 | €18,623 | €355,155 | +€336,532 | +1807.1% |
| Total equity and liabilities | 10/49 | €2,098,003 | €3,373,449 | +€1.3m | +60.8% |
| Equity | 10/15 | €268,539 | €1,762,297 | +€1.5m | +556.3% |
| Contributions | 10/11 | €155,000 | €2,155,000 | +€2.0m | +1290.3% |
| Reserves | 13 | €99,470 | €99,775 | +€304 | +0.3% |
| Tax-exempt reserves | 132 | €99,470 | €99,775 | +€304 | +0.3% |
| Profit (loss) carried forward | 14 | €14,068 | -€492,478 | -€506,546 | |
| Amounts payable | 17/49 | €1,829,465 | €1,611,151 | -€218,313 | -11.9% |
| Amounts payable after more than one year | 17 | €129,368 | €119,622 | -€9,746 | -7.5% |
| Financial debts | 170/4 | €129,368 | €119,622 | -€9,746 | -7.5% |
| Amounts payable within one year | 42/48 | €1,700,097 | €1,491,530 | -€208,567 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €10,308 | €9,746 | -€561 | -5.4% |
| Financial debts | 43 | €1,239 | €8,501 | +€7,262 | +586.1% |
| Credit institutions | 430/8 | €1,239 | €8,501 | +€7,262 | +586.1% |
| Trade debts | 44 | €1,676,064 | €1,455,848 | -€220,216 | -13.1% |
| Suppliers | 440/4 | €1,676,064 | €1,455,848 | -€220,216 | -13.1% |
| Taxes, remuneration and social security | 45 | €12,486 | €17,435 | +€4,949 | +39.6% |
| Taxes | 450/3 | €12,486 | €11,580 | -€906 | -7.3% |
| Remuneration and social security | 454/9 | - | €5,855 | +€5,855 | |
| Non-recurring operating income | 76A | - | €40,797 | +€40,797 | |
| Remuneration, social security and pensions | 62 | - | €34,445 | +€34,445 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,884 | €80,109 | +€43,225 | +117.2% |
| Other operating charges | 640/8 | €1,695 | €20,311 | +€18,616 | +1098.2% |
| Non-recurring operating charges | 66A | - | €256 | +€256 | |
| Gross operating margin | 9900 | €304,223 | -€383,149 | -€687,372 | |
| Operating profit (loss) | 9901 | €265,644 | -€518,271 | -€783,914 | |
| Financial income | 75/76B | €6,692 | €39,668 | +€32,976 | +492.8% |
| Recurring financial income | 75 | €6,692 | €39,668 | +€32,976 | +492.8% |
| Financial charges | 65/66B | €7,411 | €24,271 | +€16,860 | +227.5% |
| Recurring financial charges | 65 | €7,411 | €24,271 | +€16,860 | +227.5% |
| Profit (loss) for the period before taxes | 9903 | €264,924 | -€502,874 | -€767,798 | |
| Income taxes | 67/77 | €12,214 | €3,367 | -€8,846 | -72.4% |
| Profit (loss) for the period | 9904 | €252,710 | -€506,242 | -€758,952 | |
| Transfer to tax-exempt reserves | 689 | €99,470 | €304 | -€99,166 | -99.7% |
| Profit (loss) for the period to be appropriated | 9905 | €153,240 | -€506,546 | -€659,786 |
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 12 October 2026 via checked.be.