CORSENDONCK: 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.
CORSENDONCK
Largest movements
- Receivables within one year +€78,288
up €78,288 (+57.1%), from €137,210 to €215,498
of which Other amounts receivable: +€78,288
- Cash +€19,877
up €19,877 (+1072.7%), from €1,853 to €21,730
mainly Other debts (+€60,000) and Net result for the year (+€33,337)
- Tangible fixed assets -€10,427
down €10,427 (-37.9%), from €27,521 to €17,094
of which Furniture and vehicles: -€9,958
- Other debts +€60,000
new in 2023: €60,000
- Profit (loss) carried forward +€33,337
up €33,337, from -€25,408 to €7,930
- Trade debts -€4,712
down €4,712 (-12.8%), from €36,726 to €32,014
- Gross operating margin +€63,542
up €63,542, from -€9,976 to €53,567
- Taxes +€9,332
up €9,332 (+13639.6%), from €68 to €9,401
- Other operating charges -€3,482
down €3,482 (-90.6%), from €3,845 to €362
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,626 | €264,204 | +€88,578 | +50.4% |
| Fixed assets | 21/28 | €36,563 | €26,976 | -€9,587 | -26.2% |
| Tangible fixed assets | 22/27 | €27,521 | €17,094 | -€10,427 | -37.9% |
| Plant, machinery and equipment | 23 | €839 | €369 | -€470 | -56.0% |
| Furniture and vehicles | 24 | €26,683 | €16,725 | -€9,958 | -37.3% |
| Financial fixed assets | 28 | €9,042 | €9,882 | +€840 | +9.3% |
| Current assets | 29/58 | €139,063 | €237,229 | +€98,165 | +70.6% |
| Amounts receivable within one year | 40/41 | €137,210 | €215,498 | +€78,288 | +57.1% |
| Trade receivables | 40 | €29,554 | €29,554 | = | 0.0% |
| Other amounts receivable | 41 | €107,656 | €185,944 | +€78,288 | +72.7% |
| Cash at bank and in hand | 54/58 | €1,853 | €21,730 | +€19,877 | +1072.7% |
| Total equity and liabilities | 10/49 | €175,626 | €264,204 | +€88,578 | +50.4% |
| Equity | 10/15 | €138,852 | €172,190 | +€33,337 | +24.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €151,860 | €151,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,408 | €7,930 | +€33,337 | |
| Amounts payable | 17/49 | €36,774 | €92,014 | +€55,241 | +150.2% |
| Amounts payable within one year | 42/48 | €36,774 | €92,014 | +€55,241 | +150.2% |
| Trade debts | 44 | €36,726 | €32,014 | -€4,712 | -12.8% |
| Suppliers | 440/4 | €36,726 | €32,014 | -€4,712 | -12.8% |
| Taxes, remuneration and social security | 45 | €47 | - | -€47 | |
| Taxes | 450/3 | €47 | - | -€47 | |
| Other amounts payable | 47/48 | - | €60,000 | +€60,000 | |
| Non-recurring operating income | 76A | - | €60,840 | +€60,840 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,427 | €10,427 | = | 0.0% |
| Other operating charges | 640/8 | €3,845 | €362 | -€3,482 | -90.6% |
| Gross operating margin | 9900 | -€9,976 | €53,567 | +€63,542 | |
| Operating profit (loss) | 9901 | -€24,248 | €42,777 | +€67,025 | |
| Financial charges | 65/66B | €82 | €39 | -€43 | -52.3% |
| Recurring financial charges | 65 | €82 | €39 | -€43 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | -€24,330 | €42,738 | +€67,068 | |
| Income taxes | 67/77 | €68 | €9,401 | +€9,332 | +13639.6% |
| Profit (loss) for the period | 9904 | -€24,398 | €33,337 | +€57,735 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,398 | €33,337 | +€57,735 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.