Corridor: 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.
Corridor
Largest movements
- Stocks and contracts +€24,604
up €24,604 (+55.2%), from €44,607 to €69,211
- Receivables within one year -€12,882
down €12,882 (-14.9%), from €86,387 to €73,505
of which Other amounts receivable: -€8,162
- Cash +€12,778
up €12,778 (+8.9%), from €144,369 to €157,147
mainly Tax, wage and social debts (+€34,864) and Depreciation (+€13,062)
- Tangible fixed assets -€6,194
down €6,194 (-20.3%), from €30,540 to €24,346
of which Plant, machinery and equipment: -€6,255
- Tax, wage and social debts +€34,864
up €34,864 (+56.0%), from €62,227 to €97,091
of which Remuneration and social security: +€20,697
- Advances received -€19,000
no longer reported in 2025 (was €19,000)
- Trade debts +€9,461
up €9,461 (+30.4%), from €31,122 to €40,583
- Profit (loss) carried forward +€8,486
up €8,486 (+28.1%), from €30,152 to €38,638
- Short-term financial debts -€8,364
no longer reported in 2025 (was €8,364)
- Staff costs +€44,578
up €44,578 (+14.9%), from €299,452 to €344,030
- Gross operating margin +€40,911
up €40,911 (+11.9%), from €344,424 to €385,334
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €327,270 | €349,986 | +€22,716 | +6.9% |
| Fixed assets | 21/28 | €40,059 | €35,439 | -€4,619 | -11.5% |
| Intangible fixed assets | 21 | €939 | €233 | -€705 | -75.1% |
| Tangible fixed assets | 22/27 | €30,540 | €24,346 | -€6,194 | -20.3% |
| Plant, machinery and equipment | 23 | €19,985 | €13,730 | -€6,255 | -31.3% |
| Furniture and vehicles | 24 | €10,555 | €10,616 | +€61 | +0.6% |
| Financial fixed assets | 28 | €8,580 | €10,860 | +€2,280 | +26.6% |
| Current assets | 29/58 | €287,212 | €314,547 | +€27,336 | +9.5% |
| Stocks and contracts in progress | 3 | €44,607 | €69,211 | +€24,604 | +55.2% |
| Contracts in progress | 37 | €44,607 | €69,211 | +€24,604 | +55.2% |
| Amounts receivable within one year | 40/41 | €86,387 | €73,505 | -€12,882 | -14.9% |
| Trade receivables | 40 | €78,057 | €73,337 | -€4,721 | -6.0% |
| Other amounts receivable | 41 | €8,330 | €168 | -€8,162 | -98.0% |
| Cash at bank and in hand | 54/58 | €144,369 | €157,147 | +€12,778 | +8.9% |
| Deferred charges and accrued income | 490/1 | €11,848 | €14,684 | +€2,836 | +23.9% |
| Total equity and liabilities | 10/49 | €327,270 | €349,986 | +€22,716 | +6.9% |
| Equity | 10/15 | €130,152 | €138,638 | +€8,486 | +6.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,152 | €38,638 | +€8,486 | +28.1% |
| Amounts payable | 17/49 | €197,118 | €211,348 | +€14,231 | +7.2% |
| Amounts payable after more than one year | 17 | €31,023 | €29,281 | -€1,743 | -5.6% |
| Financial debts | 170/4 | €31,023 | €29,281 | -€1,743 | -5.6% |
| Amounts payable within one year | 42/48 | €161,158 | €180,616 | +€19,458 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €37,963 | €38,204 | +€241 | +0.6% |
| Financial debts | 43 | €8,364 | - | -€8,364 | |
| Other loans | 439 | €8,364 | - | -€8,364 | |
| Trade debts | 44 | €31,122 | €40,583 | +€9,461 | +30.4% |
| Suppliers | 440/4 | €31,122 | €40,583 | +€9,461 | +30.4% |
| Advances received on contracts in progress | 46 | €19,000 | - | -€19,000 | |
| Taxes, remuneration and social security | 45 | €62,227 | €97,091 | +€34,864 | +56.0% |
| Taxes | 450/3 | €25,428 | €39,595 | +€14,167 | +55.7% |
| Remuneration and social security | 454/9 | €36,799 | €57,496 | +€20,697 | +56.2% |
| Other amounts payable | 47/48 | €2,482 | €4,738 | +€2,256 | +90.9% |
| Accrued charges and deferred income | 492/3 | €4,937 | €1,452 | -€3,485 | -70.6% |
| Remuneration, social security and pensions | 62 | €299,452 | €344,030 | +€44,578 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,428 | €13,062 | -€2,366 | -15.3% |
| Other operating charges | 640/8 | €1,687 | €1,647 | -€40 | -2.4% |
| Gross operating margin | 9900 | €344,424 | €385,334 | +€40,911 | +11.9% |
| Operating profit (loss) | 9901 | €27,857 | €26,595 | -€1,262 | -4.5% |
| Financial income | 75/76B | €189 | €281 | +€92 | +48.6% |
| Recurring financial income | 75 | €189 | €281 | +€92 | +48.6% |
| Financial charges | 65/66B | €8,802 | €10,227 | +€1,425 | +16.2% |
| Recurring financial charges | 65 | €8,802 | €10,227 | +€1,425 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €19,244 | €16,649 | -€2,595 | -13.5% |
| Income taxes | 67/77 | €7,883 | €8,163 | +€280 | +3.6% |
| Profit (loss) for the period | 9904 | €11,361 | €8,486 | -€2,875 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,361 | €8,486 | -€2,875 | -25.3% |
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 7 October 2026 via checked.be.