Corso: 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.
Corso
Largest movements
- Cash +€216,311
up €216,311 (+105%), from €205,975 to €422,285
mainly Current investments (+€207,500) and Net result for the year (+€80,017)
- Current investments -€207,500
no longer reported in 2025 (was €207,500)
- Receivables within one year -€7,409
down €7,409 (-68.1%), from €10,872 to €3,463
of which Other amounts receivable: -€8,293
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€6,263
up €6,263 (+735%), from €852 to €7,115
- Gross operating margin -€2,706
down €2,706 (-2.2%), from €123,982 to €121,276
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 | €462,643 | €464,589 | +€1,946 | +0.4% |
| Fixed assets | 21/28 | €12,613 | €16,130 | +€3,517 | +27.9% |
| Tangible fixed assets | 22/27 | €12,538 | €16,055 | +€3,517 | +28.1% |
| Plant, machinery and equipment | 23 | €3,068 | €1,033 | -€2,035 | -66.3% |
| Furniture and vehicles | 24 | €1,542 | €1,695 | +€153 | +9.9% |
| Other tangible fixed assets | 26 | €7,928 | €13,327 | +€5,399 | +68.1% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €450,030 | €448,459 | -€1,571 | -0.3% |
| Amounts receivable within one year | 40/41 | €10,872 | €3,463 | -€7,409 | -68.1% |
| Trade receivables | 40 | €2,579 | €3,463 | +€884 | +34.3% |
| Other amounts receivable | 41 | €8,293 | - | -€8,293 | |
| Current investments | 50/53 | €207,500 | - | -€207,500 | |
| Cash at bank and in hand | 54/58 | €205,975 | €422,285 | +€216,311 | +105% |
| Deferred charges and accrued income | 490/1 | €25,683 | €22,711 | -€2,972 | -11.6% |
| Total equity and liabilities | 10/49 | €462,643 | €464,589 | +€1,946 | +0.4% |
| Equity | 10/15 | €459,292 | €456,909 | -€2,383 | -0.5% |
| Contributions | 10/11 | €12,397 | €12,397 | = | 0.0% |
| Reserves | 13 | €437,309 | €434,909 | -€2,400 | -0.5% |
| Non-distributable reserves | 130/1 | €437,309 | €434,909 | -€2,400 | -0.5% |
| Reserves not available under the articles | 1311 | €437,309 | €434,909 | -€2,400 | -0.5% |
| Profit (loss) carried forward | 14 | €9,585 | €9,602 | +€17 | +0.2% |
| Amounts payable | 17/49 | €3,351 | €7,680 | +€4,329 | +129% |
| Amounts payable within one year | 42/48 | €3,351 | €7,680 | +€4,329 | +129% |
| Trade debts | 44 | - | €4,201 | +€4,201 | |
| Suppliers | 440/4 | - | €4,201 | +€4,201 | |
| Taxes, remuneration and social security | 45 | €2,219 | €2,688 | +€469 | +21.1% |
| Taxes | 450/3 | - | €138 | +€138 | |
| Remuneration and social security | 454/9 | €2,219 | €2,550 | +€331 | +14.9% |
| Other amounts payable | 47/48 | €1,132 | €792 | -€341 | -30.1% |
| Remuneration, social security and pensions | 62 | €7,626 | €7,700 | +€73 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,688 | €6,562 | +€873 | +15.4% |
| Other operating charges | 640/8 | €1,587 | €1,634 | +€47 | +3.0% |
| Gross operating margin | 9900 | €123,982 | €121,276 | -€2,706 | -2.2% |
| Operating profit (loss) | 9901 | €109,080 | €105,380 | -€3,700 | -3.4% |
| Financial income | 75/76B | €852 | €7,115 | +€6,263 | +735% |
| Recurring financial income | 75 | €852 | €7,115 | +€6,263 | +735% |
| Financial charges | 65/66B | €157 | €225 | +€68 | +43.0% |
| Recurring financial charges | 65 | €157 | €225 | +€68 | +43.0% |
| Profit (loss) for the period before taxes | 9903 | €109,774 | €112,270 | +€2,495 | +2.3% |
| Income taxes | 67/77 | €31,958 | €32,253 | +€295 | +0.9% |
| Profit (loss) for the period | 9904 | €77,816 | €80,017 | +€2,201 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €77,816 | €80,017 | +€2,201 | +2.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.