CORUJO: what changed
Two fiscal 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.
CORUJO
Largest movements
- Cash +€90,125
up €90,125 (+156.7%), from €57,529 to €147,654
mainly Net result for the year (+€127,516) and Tax, wage and social debts (+€36,825)
- Reserves +€127,516
up €127,516 (+17.0%), from €751,255 to €878,771
- Tax, wage and social debts +€36,825
up €36,825 (+147.6%), from €24,943 to €61,767
of which Taxes: +€33,618
- Gross operating margin +€58,629
up €58,629 (+28.1%), from €208,511 to €267,140
- Taxes +€19,712
up €19,712 (+55.4%), from €35,599 to €55,311
- Financial charges -€11,693
down €11,693 (-17.3%), from €67,582 to €55,888
- Depreciation +€6,982
up €6,982 (+35.8%), from €19,512 to €26,494
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 | €3,130,843 | €3,201,740 | +€70,897 | +2.3% |
| Fixed assets | 21/28 | €3,064,652 | €3,041,412 | -€23,240 | -0.8% |
| Tangible fixed assets | 22/27 | €214,860 | €191,620 | -€23,240 | -10.8% |
| Land and buildings | 22 | €134,335 | €128,435 | -€5,900 | -4.4% |
| Plant, machinery and equipment | 23 | €6,612 | €3,183 | -€3,429 | -51.9% |
| Furniture and vehicles | 24 | €73,913 | €60,002 | -€13,911 | -18.8% |
| Financial fixed assets | 28 | €2,849,792 | €2,849,792 | = | 0.0% |
| Current assets | 29/58 | €66,191 | €160,329 | +€94,138 | +142.2% |
| Amounts receivable within one year | 40/41 | €4,823 | €9,079 | +€4,256 | +88.2% |
| Trade receivables | 40 | €4,823 | €9,079 | +€4,256 | +88.2% |
| Cash at bank and in hand | 54/58 | €57,529 | €147,654 | +€90,125 | +156.7% |
| Deferred charges and accrued income | 490/1 | €3,839 | €3,596 | -€243 | -6.3% |
| Total equity and liabilities | 10/49 | €3,130,843 | €3,201,740 | +€70,897 | +2.3% |
| Equity | 10/15 | €2,115,780 | €2,223,297 | +€107,516 | +5.1% |
| Contributions | 10/11 | €1,304,598 | €1,284,598 | -€20,000 | -1.5% |
| Reserves | 13 | €751,255 | €878,771 | +€127,516 | +17.0% |
| Distributable reserves | 133 | €751,255 | €878,771 | +€127,516 | +17.0% |
| Profit (loss) carried forward | 14 | €59,928 | €59,928 | = | 0.0% |
| Amounts payable | 17/49 | €1,015,063 | €978,444 | -€36,619 | -3.6% |
| Amounts payable after more than one year | 17 | €103,460 | €79,807 | -€23,653 | -22.9% |
| Financial debts | 170/4 | €103,460 | €79,807 | -€23,653 | -22.9% |
| Amounts payable within one year | 42/48 | €847,311 | €861,048 | +€13,737 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €23,126 | €23,653 | +€527 | +2.3% |
| Financial debts | 43 | €794,022 | €769,550 | -€24,472 | -3.1% |
| Credit institutions | 430/8 | €14,913 | €2,946 | -€11,967 | -80.2% |
| Other loans | 439 | €779,109 | €766,604 | -€12,506 | -1.6% |
| Trade debts | 44 | €4,627 | €5,894 | +€1,266 | +27.4% |
| Suppliers | 440/4 | €4,627 | €5,894 | +€1,266 | +27.4% |
| Advances received on contracts in progress | 46 | €593 | - | -€593 | |
| Taxes, remuneration and social security | 45 | €24,943 | €61,767 | +€36,825 | +147.6% |
| Taxes | 450/3 | €24,943 | €58,561 | +€33,618 | +134.8% |
| Remuneration and social security | 454/9 | - | €3,206 | +€3,206 | |
| Other amounts payable | 47/48 | - | €185 | +€185 | |
| Accrued charges and deferred income | 492/3 | €64,292 | €37,589 | -€26,704 | -41.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,512 | €26,494 | +€6,982 | +35.8% |
| Other operating charges | 640/8 | €2,598 | €2,496 | -€102 | -3.9% |
| Gross operating margin | 9900 | €208,511 | €267,140 | +€58,629 | +28.1% |
| Operating profit (loss) | 9901 | €186,401 | €238,150 | +€51,749 | +27.8% |
| Financial income | 75/76B | €144 | €566 | +€422 | +292.7% |
| Recurring financial income | 75 | €144 | €566 | +€422 | +292.7% |
| Financial charges | 65/66B | €67,582 | €55,888 | -€11,693 | -17.3% |
| Recurring financial charges | 65 | €67,582 | €55,888 | -€11,693 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €118,963 | €182,827 | +€63,864 | +53.7% |
| Income taxes | 67/77 | €35,599 | €55,311 | +€19,712 | +55.4% |
| Profit (loss) for the period | 9904 | €83,365 | €127,516 | +€44,152 | +53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €83,365 | €127,516 | +€44,152 | +53.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.