CORSWIND: 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.
CORSWIND
Largest movements
- Intangible fixed assets -€5,077
down €5,077 (-20.6%), from €24,620 to €19,543
- Receivables within one year -€2,488
down €2,488 (-93.1%), from €2,673 to €184
- Cash +€924
up €924 (+3.6%), from €25,512 to €26,436
mainly Depreciation (+€5,077) and Receivables within one year (+€2,488)
- Profit (loss) carried forward -€6,257
down €6,257 (-211%), from -€2,964 to -€9,222
- Depreciation +€4,312
up €4,312 (+564%), from €765 to €5,077
- Gross operating margin +€1,085
up €1,085 (+60.7%), from -€1,788 to -€703
- Financial charges +€63
up €63 (+235%), from €27 to €90
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,805 | €46,163 | -€6,642 | -12.6% |
| Fixed assets | 21/28 | €24,620 | €19,543 | -€5,077 | -20.6% |
| Intangible fixed assets | 21 | €24,620 | €19,543 | -€5,077 | -20.6% |
| Current assets | 29/58 | €28,185 | €26,620 | -€1,565 | -5.6% |
| Amounts receivable within one year | 40/41 | €2,673 | €184 | -€2,488 | -93.1% |
| Other amounts receivable | 41 | €2,673 | €184 | -€2,488 | -93.1% |
| Cash at bank and in hand | 54/58 | €25,512 | €26,436 | +€924 | +3.6% |
| Total equity and liabilities | 10/49 | €52,805 | €46,163 | -€6,642 | -12.6% |
| Equity | 10/15 | €47,036 | €40,778 | -€6,257 | -13.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,964 | -€9,222 | -€6,257 | -211% |
| Amounts payable | 17/49 | €5,769 | €5,385 | -€384 | -6.7% |
| Amounts payable within one year | 42/48 | €5,769 | €5,385 | -€384 | -6.7% |
| Trade debts | 44 | €5,385 | €5,385 | = | 0.0% |
| Suppliers | 440/4 | €5,385 | €5,385 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €384 | - | -€384 | |
| Remuneration and social security | 454/9 | €384 | - | -€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €765 | €5,077 | +€4,312 | +564% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€1,788 | -€703 | +€1,085 | +60.7% |
| Operating profit (loss) | 9901 | -€2,938 | -€6,167 | -€3,230 | -110% |
| Financial charges | 65/66B | €27 | €90 | +€63 | +235% |
| Recurring financial charges | 65 | €27 | €90 | +€63 | +235% |
| Profit (loss) for the period before taxes | 9903 | -€2,964 | -€6,257 | -€3,293 | -111% |
| Profit (loss) for the period | 9904 | -€2,964 | -€6,257 | -€3,293 | -111% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,964 | -€6,257 | -€3,293 | -111% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.