Corthals-Debruyne: 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.
Corthals-Debruyne
Largest movements
- Tangible fixed assets -€15,306
down €15,306 (-14.3%), from €107,273 to €91,967
of which Land and buildings: -€15,208
- Cash +€2,737
up €2,737 (+42.8%), from €6,394 to €9,131
mainly Depreciation (+€15,306)
- Reserves -€14,954
down €14,954 (-38.3%), from €39,026 to €24,072
of which Tax-exempt reserves: -€11,699
- Profit (loss) carried forward +€3,357
no longer reported in 2025 (was -€3,357)
- Gross operating margin +€313
up €313 (+6.2%), from €5,083 to €5,396
- Depreciation +€294
up €294 (+2.0%), from €15,012 to €15,306
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 | €113,667 | €101,673 | -€11,994 | -10.6% |
| Fixed assets | 21/28 | €107,273 | €91,967 | -€15,306 | -14.3% |
| Tangible fixed assets | 22/27 | €107,273 | €91,967 | -€15,306 | -14.3% |
| Land and buildings | 22 | €103,386 | €88,178 | -€15,208 | -14.7% |
| Plant, machinery and equipment | 23 | €3,887 | €3,790 | -€98 | -2.5% |
| Current assets | 29/58 | €6,394 | €9,706 | +€3,312 | +51.8% |
| Amounts receivable within one year | 40/41 | - | €575 | +€575 | |
| Trade receivables | 40 | - | €575 | +€575 | |
| Cash at bank and in hand | 54/58 | €6,394 | €9,131 | +€2,737 | +42.8% |
| Total equity and liabilities | 10/49 | €113,667 | €101,673 | -€11,994 | -10.6% |
| Equity | 10/15 | €54,261 | €42,664 | -€11,597 | -21.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €39,026 | €24,072 | -€14,954 | -38.3% |
| Tax-exempt reserves | 132 | €35,097 | €23,398 | -€11,699 | -33.3% |
| Distributable reserves | 133 | €3,929 | €674 | -€3,254 | -82.8% |
| Profit (loss) carried forward | 14 | -€3,357 | - | +€3,357 | |
| Amounts payable | 17/49 | €59,406 | €59,009 | -€397 | -0.7% |
| Amounts payable within one year | 42/48 | €59,406 | €59,009 | -€397 | -0.7% |
| Trade debts | 44 | €397 | - | -€397 | |
| Suppliers | 440/4 | €397 | - | -€397 | |
| Other amounts payable | 47/48 | €59,009 | €59,009 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,012 | €15,306 | +€294 | +2.0% |
| Other operating charges | 640/8 | €1,583 | €1,621 | +€38 | +2.4% |
| Gross operating margin | 9900 | €5,083 | €5,396 | +€313 | +6.2% |
| Operating profit (loss) | 9901 | -€11,511 | -€11,530 | -€19 | -0.2% |
| Financial charges | 65/66B | €58 | €67 | +€9 | +15.7% |
| Recurring financial charges | 65 | €58 | €67 | +€9 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,569 | -€11,597 | -€28 | -0.2% |
| Profit (loss) for the period | 9904 | -€11,569 | -€11,597 | -€28 | -0.2% |
| Transfer from tax-exempt reserves | 789 | €11,699 | €11,699 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €130 | €102 | -€28 | -21.6% |
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 27 October 2026 via checked.be.