CORSOL: 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.
CORSOL
Largest movements
- Receivables within one year +€120,688
up €120,688 (+156.3%), from €77,224 to €197,912
of which Trade receivables: +€88,885
- Cash -€34,797
down €34,797 (-19.5%), from €178,402 to €143,605
mainly Receivables within one year (-€120,688) and Other debts (-€305)
- Tangible fixed assets -€5,523
down €5,523 (-32.4%), from €17,040 to €11,517
- Reserves +€74,587
up €74,587 (+32.2%), from €231,950 to €306,537
- Tax, wage and social debts +€4,274
up €4,274 (+58.7%), from €7,282 to €11,556
- Gross operating margin +€2,188
up €2,188 (+1.9%), from €114,092 to €116,280
- Financial charges +€2,163
up €2,163 (+1096.2%), from €197 to €2,360
- Financial income +€1,271
up €1,271 (+72.2%), from €1,760 to €3,031
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.
Cash bridge derived
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 | €274,127 | €354,650 | +€80,523 | +29.4% |
| Fixed assets | 21/28 | €17,040 | €11,517 | -€5,523 | -32.4% |
| Tangible fixed assets | 22/27 | €17,040 | €11,517 | -€5,523 | -32.4% |
| Furniture and vehicles | 24 | €17,040 | €11,517 | -€5,523 | -32.4% |
| Current assets | 29/58 | €257,087 | €343,134 | +€86,047 | +33.5% |
| Amounts receivable within one year | 40/41 | €77,224 | €197,912 | +€120,688 | +156.3% |
| Trade receivables | 40 | €16,699 | €105,584 | +€88,885 | +532.3% |
| Other amounts receivable | 41 | €60,525 | €92,328 | +€31,803 | +52.5% |
| Cash at bank and in hand | 54/58 | €178,402 | €143,605 | -€34,797 | -19.5% |
| Deferred charges and accrued income | 490/1 | €1,461 | €1,617 | +€155 | +10.6% |
| Total equity and liabilities | 10/49 | €274,127 | €354,650 | +€80,523 | +29.4% |
| Equity | 10/15 | €250,150 | €324,737 | +€74,587 | +29.8% |
| Contributions | 10/11 | €18,200 | €18,200 | = | 0.0% |
| Reserves | 13 | €231,950 | €306,537 | +€74,587 | +32.2% |
| Distributable reserves | 133 | €231,950 | €306,537 | +€74,587 | +32.2% |
| Amounts payable | 17/49 | €23,977 | €29,913 | +€5,936 | +24.8% |
| Amounts payable within one year | 42/48 | €23,977 | €29,913 | +€5,936 | +24.8% |
| Trade debts | 44 | €16,391 | €18,357 | +€1,967 | +12.0% |
| Suppliers | 440/4 | €16,391 | €18,357 | +€1,967 | +12.0% |
| Taxes, remuneration and social security | 45 | €7,282 | €11,556 | +€4,274 | +58.7% |
| Taxes | 450/3 | €7,282 | €11,556 | +€4,274 | +58.7% |
| Other amounts payable | 47/48 | €305 | - | -€305 | |
| Non-recurring operating income | 76A | €15,328 | - | -€15,328 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,741 | €5,523 | -€217 | -3.8% |
| Other operating charges | 640/8 | €1,375 | €641 | -€734 | -53.4% |
| Gross operating margin | 9900 | €114,092 | €116,280 | +€2,188 | +1.9% |
| Operating profit (loss) | 9901 | €106,977 | €110,116 | +€3,139 | +2.9% |
| Financial income | 75/76B | €1,760 | €3,031 | +€1,271 | +72.2% |
| Recurring financial income | 75 | €1,760 | €3,031 | +€1,271 | +72.2% |
| Financial charges | 65/66B | €197 | €2,360 | +€2,163 | +1096.2% |
| Recurring financial charges | 65 | €197 | €2,360 | +€2,163 | +1096.2% |
| Profit (loss) for the period before taxes | 9903 | €108,539 | €110,786 | +€2,247 | +2.1% |
| Income taxes | 67/77 | €35,720 | €36,199 | +€478 | +1.3% |
| Profit (loss) for the period | 9904 | €72,819 | €74,587 | +€1,769 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €72,819 | €74,587 | +€1,769 | +2.4% |
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 9 October 2026 via checked.be.