Corus Belgium: 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.
Corus Belgium
Largest movements
- Receivables within one year -€2.0m
down €2.0m (-52.7%), from €3.7m to €1.8m
of which Trade receivables: -€1.2m
- Cash -€241,946
down €241,946 (-41.0%), from €590,495 to €348,549
mainly Other debts (-€1.4m) and Debts after one year (-€605,701)
- Other debts -€1.4m
down €1.4m (-31.1%), from €4.5m to €3.1m
- Debts after one year -€605,701
down €605,701 (-13.3%), from €4.6m to €4.0m
- Profit (loss) carried forward -€537,424
down €537,424 (-42.3%), from -€1.3m to -€1.8m
- Trade debts +€485,358
up €485,358 (+48.4%), from €1.0m to €1.5m
- Financial income -€258,580
down €258,580 (-84.9%), from €304,573 to €45,993
- Financial charges -€149,964
down €149,964 (-21.0%), from €712,442 to €562,479
- Turnover +€119,169
up €119,169 (+7.6%), from €1.6m to €1.7m
- Services and other goods +€111,720
up €111,720 (+7.9%), from €1.4m to €1.5m
- Staff costs +€42,296
up €42,296 (+27.1%), from €156,076 to €198,372
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 | €24,174,974 | €21,991,011 | -€2.2m | -9.0% |
| Fixed assets | 21/28 | €19,856,902 | €19,868,673 | +€11,771 | +0.1% |
| Intangible fixed assets | 21 | - | €12,100 | +€12,100 | |
| Tangible fixed assets | 22/27 | €883 | €554 | -€329 | -37.3% |
| Plant, machinery and equipment | 23 | €883 | €554 | -€329 | -37.3% |
| Financial fixed assets | 28 | €19,856,019 | €19,856,019 | = | 0.0% |
| Affiliated companies | 280/1 | €19,853,889 | €19,853,889 | = | 0.0% |
| Participating interests | 280 | €19,853,889 | €19,853,889 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,130 | €2,130 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,130 | €2,130 | = | 0.0% |
| Current assets | 29/58 | €4,318,071 | €2,122,338 | -€2.2m | -50.8% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €3,727,576 | €1,762,232 | -€2.0m | -52.7% |
| Trade receivables | 40 | €1,436,375 | €266,586 | -€1.2m | -81.4% |
| Other amounts receivable | 41 | €2,291,201 | €1,495,646 | -€795,556 | -34.7% |
| Cash at bank and in hand | 54/58 | €590,495 | €348,549 | -€241,946 | -41.0% |
| Deferred charges and accrued income | 490/1 | - | €11,558 | +€11,558 | |
| Total equity and liabilities | 10/49 | €24,174,974 | €21,991,011 | -€2.2m | -9.0% |
| Equity | 10/15 | €13,923,104 | €13,385,680 | -€537,424 | -3.9% |
| Contributions | 10/11 | €15,192,145 | €15,192,145 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,269,041 | -€1,806,465 | -€537,424 | -42.3% |
| Amounts payable | 17/49 | €10,251,869 | €8,605,331 | -€1.6m | -16.1% |
| Amounts payable after more than one year | 17 | €4,563,369 | €3,957,668 | -€605,701 | -13.3% |
| Other amounts payable | 178/9 | €4,563,369 | €3,957,668 | -€605,701 | -13.3% |
| Amounts payable within one year | 42/48 | €5,688,500 | €4,647,663 | -€1.0m | -18.3% |
| Trade debts | 44 | €1,002,742 | €1,488,100 | +€485,358 | +48.4% |
| Suppliers | 440/4 | €1,002,742 | €1,488,100 | +€485,358 | +48.4% |
| Taxes, remuneration and social security | 45 | €230,577 | €91,200 | -€139,378 | -60.4% |
| Taxes | 450/3 | €215,146 | €78,543 | -€136,602 | -63.5% |
| Remuneration and social security | 454/9 | €15,432 | €12,657 | -€2,775 | -18.0% |
| Other amounts payable | 47/48 | €4,455,181 | €3,068,363 | -€1.4m | -31.1% |
| Operating income | 70/76A | €1,577,672 | €1,696,636 | +€118,963 | +7.5% |
| Turnover | 70 | €1,575,304 | €1,694,474 | +€119,169 | +7.6% |
| Other operating income | 74 | €2,368 | €2,162 | -€206 | -8.7% |
| Operating charges | 60/66A | €1,563,543 | €1,717,387 | +€153,844 | +9.8% |
| Goods for resale, raw materials and consumables | 60 | €0 | €164 | +€164 | |
| Purchases | 600/8 | €0 | €164 | +€164 | |
| Services and other goods | 61 | €1,406,682 | €1,518,402 | +€111,720 | +7.9% |
| Remuneration, social security and pensions | 62 | €156,076 | €198,372 | +€42,296 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €329 | €329 | = | 0.0% |
| Other operating charges | 640/8 | €456 | €120 | -€336 | -73.7% |
| Operating profit (loss) | 9901 | €14,129 | -€20,751 | -€34,881 | |
| Financial income | 75/76B | €304,573 | €45,993 | -€258,580 | -84.9% |
| Recurring financial income | 75 | €304,573 | €45,993 | -€258,580 | -84.9% |
| Income from current assets | 751 | €304,573 | €45,993 | -€258,580 | -84.9% |
| Financial charges | 65/66B | €712,442 | €562,479 | -€149,964 | -21.0% |
| Recurring financial charges | 65 | €712,442 | €562,479 | -€149,964 | -21.0% |
| Debt charges | 650 | €707,935 | €558,479 | -€149,456 | -21.1% |
| Other financial charges | 652/9 | €4,507 | €3,999 | -€508 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | -€393,740 | -€537,237 | -€143,497 | -36.4% |
| Income taxes | 67/77 | €204 | €187 | -€17 | -8.4% |
| Taxes | 670/3 | €204 | €187 | -€17 | -8.4% |
| Profit (loss) for the period | 9904 | -€393,944 | -€537,424 | -€143,480 | -36.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€393,944 | -€537,424 | -€143,480 | -36.4% |
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 18 October 2026 via checked.be.