CORPULS BELGIUM: 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.
CORPULS BELGIUM
Largest movements
- Receivables within one year +€129,728
up €129,728 (+15.8%), from €823,414 to €953,142
of which Trade receivables: +€147,123
- Tangible fixed assets +€21,558
up €21,558 (+24.5%), from €87,916 to €109,474
- Profit (loss) carried forward +€162,889
up €162,889 (+10.8%), from €1.5m to €1.7m
- Trade debts -€56,164
down €56,164 (-22.4%), from €250,940 to €194,776
- Tax, wage and social debts +€39,301
up €39,301 (+20.4%), from €192,691 to €231,992
of which Remuneration and social security: +€72,579
- Gross operating margin -€246,851
down €246,851 (-29.8%), from €827,992 to €581,141
- Taxes -€90,821
down €90,821 (-61.8%), from €147,002 to €56,181
- Staff costs +€74,023
up €74,023 (+29.4%), from €251,863 to €325,887
- Depreciation +€24,657
up €24,657 (+244%), from €10,094 to €34,752
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 | €1,971,766 | €2,117,899 | +€146,133 | +7.4% |
| Fixed assets | 21/28 | €89,018 | €117,736 | +€28,718 | +32.3% |
| Tangible fixed assets | 22/27 | €87,916 | €109,474 | +€21,558 | +24.5% |
| Furniture and vehicles | 24 | €87,916 | €109,474 | +€21,558 | +24.5% |
| Financial fixed assets | 28 | €1,103 | €8,263 | +€7,160 | +649% |
| Current assets | 29/58 | €1,882,748 | €2,000,163 | +€117,415 | +6.2% |
| Stocks and contracts in progress | 3 | €88,789 | €77,410 | -€11,379 | -12.8% |
| Stocks | 30/36 | €88,789 | €77,410 | -€11,379 | -12.8% |
| Amounts receivable within one year | 40/41 | €823,414 | €953,142 | +€129,728 | +15.8% |
| Trade receivables | 40 | €448,099 | €595,222 | +€147,123 | +32.8% |
| Other amounts receivable | 41 | €375,315 | €357,920 | -€17,396 | -4.6% |
| Cash at bank and in hand | 54/58 | €968,693 | €961,995 | -€6,698 | -0.7% |
| Deferred charges and accrued income | 490/1 | €1,851 | €7,616 | +€5,765 | +311% |
| Total equity and liabilities | 10/49 | €1,971,766 | €2,117,899 | +€146,133 | +7.4% |
| Equity | 10/15 | €1,528,135 | €1,691,024 | +€162,889 | +10.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,507,684 | €1,670,573 | +€162,889 | +10.8% |
| Amounts payable | 17/49 | €443,631 | €426,875 | -€16,756 | -3.8% |
| Amounts payable within one year | 42/48 | €443,631 | €426,768 | -€16,863 | -3.8% |
| Trade debts | 44 | €250,940 | €194,776 | -€56,164 | -22.4% |
| Suppliers | 440/4 | €250,940 | €194,776 | -€56,164 | -22.4% |
| Taxes, remuneration and social security | 45 | €192,691 | €231,992 | +€39,301 | +20.4% |
| Taxes | 450/3 | €154,143 | €120,866 | -€33,277 | -21.6% |
| Remuneration and social security | 454/9 | €38,548 | €111,126 | +€72,579 | +188% |
| Accrued charges and deferred income | 492/3 | - | €107 | +€107 | |
| Remuneration, social security and pensions | 62 | €251,863 | €325,887 | +€74,023 | +29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,094 | €34,752 | +€24,657 | +244% |
| Other operating charges | 640/8 | €108 | €821 | +€713 | +660% |
| Gross operating margin | 9900 | €827,992 | €581,141 | -€246,851 | -29.8% |
| Operating profit (loss) | 9901 | €565,926 | €219,681 | -€346,245 | -61.2% |
| Financial income | 75/76B | €1 | €20 | +€19 | +1,550% |
| Recurring financial income | 75 | €1 | €20 | +€19 | +1,550% |
| Financial charges | 65/66B | €839 | €631 | -€207 | -24.7% |
| Recurring financial charges | 65 | €839 | €631 | -€207 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €565,089 | €219,070 | -€346,019 | -61.2% |
| Income taxes | 67/77 | €147,002 | €56,181 | -€90,821 | -61.8% |
| Profit (loss) for the period | 9904 | €418,087 | €162,889 | -€255,198 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €418,087 | €162,889 | -€255,198 | -61.0% |
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 26 October 2026 via checked.be.