CORUS INVEST: 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.
What changed
CORUS INVEST
NACE 64.210, Activities of holding companies
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€1.2m
2023 · €1.0m+€172,587
Equity
€30.1m
2023 · €28.8m+€1.2m
Cash
€186,282
2023 · €83,589+€102,693
Balance sheet total
€36.3m
2023 · €36.5m-€175,801
Largest movements
Assets
- Financial fixed assets -€1.6m
down €1.6m (-18.1%), from €9.0m to €7.4m
- Current investments +€669,837
up €669,837 (+21.9%), from €3.1m to €3.7m
- Receivables within one year +€424,349
up €424,349 (+2.0%), from €21.7m to €22.1m
of which Other amounts receivable: +€409,306
Equity and liabilities
- Other debts -€1.5m
down €1.5m (-20.4%), from €7.2m to €5.8m
- Profit (loss) carried forward +€1.2m
up €1.2m (+32.4%), from €3.7m to €4.9m
Income statement
- Financial income +€1.5m
up €1.5m (+108%), from €1.4m to €2.9m
- Financial charges +€1.4m
up €1.4m (+546%), from €250,307 to €1.6m
- Other operating charges -€21,804
down €21,804 (-42.4%), from €51,388 to €29,584
- Taxes -€15,530
down €15,530, from €11,685 to -€3,845
- Staff costs +€14,724
new in 2024: €14,724
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.
Result 2023
€1.0m
Gross operating margin
-€12,811
Staff costs
-€14,724
Depreciation
-€1,459
Other operating charges
+€21,804
Financial income
+€1.5m
Financial charges
-€1.4m
Taxes
+€15,530
Result 2024
€1.2m
raises the resultlowers the result
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.
From operations
-€854,651
Investment
+€957,344
Financing
€0
Cash 2023
€83,589
From operations (derived)
-€854,651
Net result for the year
+€1.2m
Depreciation
+€80,575
Receivables within one year
-€424,349
Deferred charges and accrued income
-€335,076
Trade debts
-€2,219
Tax, wage and social debts
-€73,472
Other debts
-€1.5m
Accrued charges and deferred income
+€172,722
Investment (derived)
+€957,344
Investment in fixed assets (net)
+€1.6m
Current investments
-€669,837
Cash 2024
€186,282
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,525,600 | €36,349,799 | -€175,801 | -0.5% |
| Fixed assets | 21/28 | €10,794,327 | €9,086,571 | -€1.7m | -15.8% |
| Tangible fixed assets | 22/27 | €1,810,250 | €1,732,515 | -€77,735 | -4.3% |
| Land and buildings | 22 | €1,742,308 | €1,684,407 | -€57,901 | -3.3% |
| Furniture and vehicles | 24 | €67,942 | €48,108 | -€19,834 | -29.2% |
| Financial fixed assets | 28 | €8,984,077 | €7,354,056 | -€1.6m | -18.1% |
| Current assets | 29/58 | €25,731,273 | €27,263,228 | +€1.5m | +6.0% |
| Amounts receivable within one year | 40/41 | €21,654,231 | €22,078,580 | +€424,349 | +2.0% |
| Trade receivables | 40 | €212,095 | €227,138 | +€15,043 | +7.1% |
| Other amounts receivable | 41 | €21,442,136 | €21,851,442 | +€409,306 | +1.9% |
| Current investments | 50/53 | €3,058,254 | €3,728,091 | +€669,837 | +21.9% |
| Cash at bank and in hand | 54/58 | €83,589 | €186,282 | +€102,693 | +123% |
| Deferred charges and accrued income | 490/1 | €935,199 | €1,270,275 | +€335,076 | +35.8% |
| Total equity and liabilities | 10/49 | €36,525,600 | €36,349,799 | -€175,801 | -0.5% |
| Equity | 10/15 | €28,846,458 | €30,053,719 | +€1.2m | +4.2% |
| Contributions | 10/11 | €11,530,200 | €11,530,200 | = | 0.0% |
| Reserves | 13 | €13,587,938 | €13,587,938 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,153,020 | €1,153,020 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,153,020 | €1,153,020 | = | 0.0% |
| Distributable reserves | 133 | €12,434,918 | €12,434,918 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,728,320 | €4,935,581 | +€1.2m | +32.4% |
| Amounts payable | 17/49 | €7,679,142 | €6,296,080 | -€1.4m | -18.0% |
| Amounts payable after more than one year | 17 | €39,000 | €39,000 | = | 0.0% |
| Other amounts payable | 178/9 | €39,000 | €39,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,368,737 | €5,812,953 | -€1.6m | -21.1% |
| Trade debts | 44 | €46,353 | €44,134 | -€2,219 | -4.8% |
| Suppliers | 440/4 | €46,353 | €44,134 | -€2,219 | -4.8% |
| Taxes, remuneration and social security | 45 | €78,175 | €4,703 | -€73,472 | -94.0% |
| Taxes | 450/3 | €78,175 | - | -€78,175 | |
| Remuneration and social security | 454/9 | - | €4,703 | +€4,703 | |
| Other amounts payable | 47/48 | €7,244,209 | €5,764,116 | -€1.5m | -20.4% |
| Accrued charges and deferred income | 492/3 | €271,405 | €444,127 | +€172,722 | +63.6% |
| Remuneration, social security and pensions | 62 | - | €14,724 | +€14,724 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,116 | €80,575 | +€1,459 | +1.8% |
| Other operating charges | 640/8 | €51,388 | €29,584 | -€21,804 | -42.4% |
| Gross operating margin | 9900 | €13,840 | €1,029 | -€12,811 | -92.6% |
| Operating profit (loss) | 9901 | -€116,664 | -€123,854 | -€7,190 | -6.2% |
| Financial income | 75/76B | €1,413,330 | €2,943,424 | +€1.5m | +108% |
| Recurring financial income | 75 | €1,413,330 | €2,943,424 | +€1.5m | +108% |
| Financial charges | 65/66B | €250,307 | €1,616,154 | +€1.4m | +546% |
| Recurring financial charges | 65 | €250,307 | €1,616,154 | +€1.4m | +546% |
| Profit (loss) for the period before taxes | 9903 | €1,046,359 | €1,203,416 | +€157,057 | +15.0% |
| Income taxes | 67/77 | €11,685 | -€3,845 | -€15,530 | |
| Profit (loss) for the period | 9904 | €1,034,674 | €1,207,261 | +€172,587 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,034,674 | €1,207,261 | +€172,587 | +16.7% |
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 1 November 2026 via checked.be.