CORTEN CONSULTANCY: 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.
CORTEN CONSULTANCY
Largest movements
- Cash +€57,379
up €57,379 (+59.0%), from €97,305 to €154,684
mainly Net result for the year (+€59,429) and Tax, wage and social debts (+€18,936)
- Receivables within one year +€10,882
up €10,882 (+36.9%), from €29,492 to €40,374
of which Other amounts receivable: +€10,000
- Receivables after one year +€10,000
up €10,000 (+40.0%), from €25,000 to €35,000
- Reserves +€59,429
up €59,429 (+47.4%), from €125,287 to €184,717
- Tax, wage and social debts +€18,936
up €18,936 (+82.7%), from €22,900 to €41,836
of which Taxes: +€19,075
- Trade debts -€2,675
down €2,675 (-95.5%), from €2,800 to €126
- Gross operating margin +€1,930
up €1,930 (+2.6%), from €73,411 to €75,342
- Financial income +€1,167
up €1,167 (+389%), from €300 to €1,467
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 | €158,124 | €233,815 | +€75,691 | +47.9% |
| Fixed assets | 21/28 | €1,705 | €837 | -€868 | -50.9% |
| Tangible fixed assets | 22/27 | €1,705 | €837 | -€868 | -50.9% |
| Furniture and vehicles | 24 | €1,705 | €837 | -€868 | -50.9% |
| Current assets | 29/58 | €156,419 | €232,978 | +€76,559 | +48.9% |
| Amounts receivable after more than one year | 29 | €25,000 | €35,000 | +€10,000 | +40.0% |
| Other amounts receivable | 291 | €25,000 | €35,000 | +€10,000 | +40.0% |
| Amounts receivable within one year | 40/41 | €29,492 | €40,374 | +€10,882 | +36.9% |
| Trade receivables | 40 | €24,492 | €25,374 | +€882 | +3.6% |
| Other amounts receivable | 41 | €5,000 | €15,000 | +€10,000 | +200% |
| Cash at bank and in hand | 54/58 | €97,305 | €154,684 | +€57,379 | +59.0% |
| Deferred charges and accrued income | 490/1 | €4,622 | €2,920 | -€1,703 | -36.8% |
| Total equity and liabilities | 10/49 | €158,124 | €233,815 | +€75,691 | +47.9% |
| Equity | 10/15 | €131,287 | €190,717 | +€59,429 | +45.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €125,287 | €184,717 | +€59,429 | +47.4% |
| Distributable reserves | 133 | €125,287 | €184,717 | +€59,429 | +47.4% |
| Amounts payable | 17/49 | €26,837 | €43,099 | +€16,262 | +60.6% |
| Amounts payable within one year | 42/48 | €26,837 | €43,099 | +€16,262 | +60.6% |
| Trade debts | 44 | €2,800 | €126 | -€2,675 | -95.5% |
| Suppliers | 440/4 | €2,800 | €126 | -€2,675 | -95.5% |
| Taxes, remuneration and social security | 45 | €22,900 | €41,836 | +€18,936 | +82.7% |
| Taxes | 450/3 | €19,958 | €39,033 | +€19,075 | +95.6% |
| Remuneration and social security | 454/9 | €2,942 | €2,803 | -€139 | -4.7% |
| Other amounts payable | 47/48 | €1,136 | €1,136 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €868 | €868 | = | 0.0% |
| Other operating charges | 640/8 | €159 | €166 | +€7 | +4.3% |
| Gross operating margin | 9900 | €73,411 | €75,342 | +€1,930 | +2.6% |
| Operating profit (loss) | 9901 | €72,384 | €74,307 | +€1,923 | +2.7% |
| Financial income | 75/76B | €300 | €1,467 | +€1,167 | +389% |
| Recurring financial income | 75 | €300 | €1,467 | +€1,167 | +389% |
| Financial charges | 65/66B | €1,354 | €974 | -€380 | -28.1% |
| Recurring financial charges | 65 | €1,354 | €974 | -€380 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €71,330 | €74,801 | +€3,471 | +4.9% |
| Income taxes | 67/77 | €14,867 | €15,372 | +€505 | +3.4% |
| Profit (loss) for the period | 9904 | €56,463 | €59,429 | +€2,966 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,463 | €59,429 | +€2,966 | +5.3% |
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 23 October 2026 via checked.be.