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CORRONET: 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.

What changed

CORRONET

BE 0474.225.476
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€417,292
2024 · €214,535-€631,827
Equity
€2.9m
2024 · €3.3m-€417,292
Cash
€4,278
2024 · €3,247+€1,031
Balance sheet total
€3.8m
2024 · €4.0m-€159,279

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€93,592

    down €93,592 (-6.3%), from €1.5m to €1.4m

  • Current investments -€66,719

    down €66,719 (-27.2%), from €245,403 to €178,684

Equity and liabilities
  • Profit (loss) carried forward -€417,292

    down €417,292, from €293,359 to -€123,932

  • Trade debts +€299,103

    up €299,103 (+29253.6%), from €1,022 to €300,125

  • Other debts -€100,300

    down €100,300 (-20.8%), from €481,564 to €381,264

  • Short-term financial debts +€46,419

    up €46,419 (+30.6%), from €151,530 to €197,949

    of which Credit institutions: +€125,000

Income statement
  • Financial income +€174,327

    up €174,327 (+78.0%), from €223,355 to €397,682

  • Financial charges +€6,126

    up €6,126 (+176.9%), from €3,464 to €9,590

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €214,535
Gross operating margin +€3
Other operating charges -€31
Other operating items -€800,000
Financial income +€174,327
Financial charges -€6,126
Result 2025 -€417,292

Cash bridge derived

cash 2024 to 2025

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.

From operations -€100,938
Investment +€66,719
Financing +€35,250
Cash 2024 €3,247
Net result for the year -€417,292
Receivables within one year +€93,592
Trade debts +€299,103
Other debts -€100,300
Accrued charges and deferred income +€23,959
Current investments +€66,719
Current portion of long-term debt -€11,169
Short-term financial debts +€46,419
Cash 2025 €4,278
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €3,995,923 €3,836,644 -€159,279 -4.0%
Fixed assets 21/28 €2,258,029 €2,258,029 = 0.0%
Financial fixed assets 28 €2,258,029 €2,258,029 = 0.0%
Current assets 29/58 €1,737,894 €1,578,615 -€159,279 -9.2%
Amounts receivable within one year 40/41 €1,489,244 €1,395,652 -€93,592 -6.3%
Other amounts receivable 41 €1,489,244 €1,395,652 -€93,592 -6.3%
Current investments 50/53 €245,403 €178,684 -€66,719 -27.2%
Cash at bank and in hand 54/58 €3,247 €4,278 +€1,031 +31.7%
Total equity and liabilities 10/49 €3,995,923 €3,836,644 -€159,279 -4.0%
Equity 10/15 €3,349,359 €2,932,068 -€417,292 -12.5%
Contributions 10/11 €3,000,000 €3,000,000 = 0.0%
Capital 10 €3,000,000 €3,000,000 = 0.0%
Issued capital 100 €3,000,000 €3,000,000 = 0.0%
Reserves 13 €56,000 €56,000 = 0.0%
Non-distributable reserves 130/1 €56,000 €56,000 = 0.0%
Legal reserve 130 €56,000 €56,000 = 0.0%
Profit (loss) carried forward 14 €293,359 -€123,932 -€417,292
Amounts payable 17/49 €646,563 €904,576 +€258,012 +39.9%
Amounts payable within one year 42/48 €645,285 €879,339 +€234,053 +36.3%
Current portion of amounts payable after more than one year 42 €11,169 - -€11,169
Financial debts 43 €151,530 €197,949 +€46,419 +30.6%
Credit institutions 430/8 - €125,000 +€125,000
Other loans 439 €151,530 €72,949 -€78,581 -51.9%
Trade debts 44 €1,022 €300,125 +€299,103 +29253.6%
Suppliers 440/4 €1,022 €300,125 +€299,103 +29253.6%
Other amounts payable 47/48 €481,564 €381,264 -€100,300 -20.8%
Accrued charges and deferred income 492/3 €1,278 €25,237 +€23,959 +1874.7%
Other operating charges 640/8 €968 €998 +€31 +3.2%
Non-recurring operating charges 66A - €800,000 +€800,000
Gross operating margin 9900 -€4,389 -€4,385 +€3 +0.1%
Operating profit (loss) 9901 -€5,356 -€805,384 -€800,027 -14936.1%
Financial income 75/76B €223,355 €397,682 +€174,327 +78.0%
Recurring financial income 75 €223,355 €397,682 +€174,327 +78.0%
Financial charges 65/66B €3,464 €9,590 +€6,126 +176.9%
Recurring financial charges 65 €3,464 €9,590 +€6,126 +176.9%
Profit (loss) for the period before taxes 9903 €214,535 -€417,292 -€631,827
Profit (loss) for the period 9904 €214,535 -€417,292 -€631,827
Profit (loss) for the period to be appropriated 9905 €214,535 -€417,292 -€631,827

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 28 September 2026 via checked.be.