CORVA: 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.
What changed
CORVA
NACE 46.231, Wholesale of live animals
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€227,194
2024 · €807,845-€580,651
Equity
€2.0m
2024 · €1.8m+€227,194
Cash
€1.3m
2024 · €325,079+€930,566
Balance sheet total
€6.4m
2024 · €6.1m+€357,380
Largest movements
Assets
- Cash +€930,566
up €930,566 (+286.3%), from €325,079 to €1.3m
mainly Receivables within one year (+€504,207) and Stocks and contracts (+€286,516)
- Receivables within one year -€504,207
down €504,207 (-12.8%), from €3.9m to €3.4m
of which Trade receivables: -€523,421
- Current investments +€356,008
up €356,008 (+244.3%), from €145,705 to €501,713
- Stocks and contracts -€286,516
down €286,516 (-31.2%), from €918,774 to €632,258
- Tangible fixed assets -€138,171
down €138,171 (-20.4%), from €678,132 to €539,961
of which Furniture and vehicles: -€120,000
Equity and liabilities
- Reserves +€227,194
up €227,194 (+14.1%), from €1.6m to €1.8m
of which Distributable reserves: +€231,435
- Trade debts +€209,170
up €209,170 (+8.5%), from €2.5m to €2.7m
- Provisions -€117,657
down €117,657 (-60.4%), from €194,871 to €77,214
of which Provisions for liabilities and charges: -€115,472
- Other debts +€104,553
up €104,553 (+7.8%), from €1.3m to €1.4m
Income statement
- Turnover -€4.2m
down €4.2m (-4.7%), from €89.3m to €85.1m
- Goods and materials -€4.0m
down €4.0m (-4.7%), from €86.2m to €82.2m
of which Purchases: -€4.3m
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.
Result 2024
€807,845
Turnover
-€4.2m
Other operating income
+€94,335
Goods and materials
+€4.0m
Services and other goods
-€196,489
Depreciation
-€451
Provisions
-€221,128
Other operating charges
-€21,649
Other operating items
-€16,539
Financial income
-€27,712
Financial charges
-€55,567
Taxes
+€55,726
Result 2025
€227,194
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.
From operations
+€1.2m
Investment
-€236,008
Financing
-€33,333
Cash 2024
€325,079
From operations (derived)
+€1.2m
Net result for the year
+€227,194
Depreciation
+€18,471
Stocks and contracts
+€286,516
Receivables within one year
+€504,207
Provisions
-€117,657
Trade debts
+€209,170
Other debts
+€104,553
Accrued charges and deferred income
-€32,548
Investment (derived)
-€236,008
Investment in fixed assets (net)
+€120,000
Current investments
-€356,008
Financing
-€33,333
Debts after one year
-€33,333
Cash 2025
€1.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,071,878 | €6,429,258 | +€357,380 | +5.9% |
| Fixed assets | 21/28 | €740,080 | €601,609 | -€138,471 | -18.7% |
| Intangible fixed assets | 21 | €1,948 | €1,648 | -€300 | -15.4% |
| Tangible fixed assets | 22/27 | €678,132 | €539,961 | -€138,171 | -20.4% |
| Land and buildings | 22 | €552,718 | €535,766 | -€16,952 | -3.1% |
| Plant, machinery and equipment | 23 | €5,415 | €4,196 | -€1,219 | -22.5% |
| Furniture and vehicles | 24 | €120,000 | €0 | -€120,000 | -100.0% |
| Financial fixed assets | 28 | €60,000 | €60,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €60,000 | €60,000 | = | 0.0% |
| Shares | 284 | €60,000 | €60,000 | = | 0.0% |
| Current assets | 29/58 | €5,331,798 | €5,827,648 | +€495,851 | +9.3% |
| Stocks and contracts in progress | 3 | €918,774 | €632,258 | -€286,516 | -31.2% |
| Stocks | 30/36 | €918,774 | €632,258 | -€286,516 | -31.2% |
| Goods purchased for resale | 34 | €918,774 | €632,258 | -€286,516 | -31.2% |
| Amounts receivable within one year | 40/41 | €3,942,239 | €3,438,033 | -€504,207 | -12.8% |
| Trade receivables | 40 | €3,708,043 | €3,184,621 | -€523,421 | -14.1% |
| Other amounts receivable | 41 | €234,197 | €253,411 | +€19,215 | +8.2% |
| Current investments | 50/53 | €145,705 | €501,713 | +€356,008 | +244.3% |
| Other investments | 51/53 | €145,705 | €501,713 | +€356,008 | +244.3% |
| Cash at bank and in hand | 54/58 | €325,079 | €1,255,645 | +€930,566 | +286.3% |
| Total equity and liabilities | 10/49 | €6,071,878 | €6,429,258 | +€357,380 | +5.9% |
| Equity | 10/15 | €1,759,311 | €1,986,505 | +€227,194 | +12.9% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €1,610,575 | €1,837,769 | +€227,194 | +14.1% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Tax-exempt reserves | 132 | €106,122 | €101,881 | -€4,241 | -4.0% |
| Distributable reserves | 133 | €1,489,580 | €1,721,015 | +€231,435 | +15.5% |
| Provisions and deferred taxes | 16 | €194,871 | €77,214 | -€117,657 | -60.4% |
| Provisions for liabilities and charges | 160/5 | €140,203 | €24,731 | -€115,472 | -82.4% |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €140,203 | €24,731 | -€115,472 | -82.4% |
| Deferred taxes | 168 | €54,668 | €52,483 | -€2,185 | -4.0% |
| Amounts payable | 17/49 | €4,117,696 | €4,365,538 | +€247,842 | +6.0% |
| Amounts payable after more than one year | 17 | €186,111 | €152,778 | -€33,333 | -17.9% |
| Financial debts | 170/4 | €186,111 | €152,778 | -€33,333 | -17.9% |
| Credit institutions | 173 | €186,111 | €152,778 | -€33,333 | -17.9% |
| Amounts payable within one year | 42/48 | €3,834,969 | €4,148,693 | +€313,724 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €33,333 | €33,333 | = | 0.0% |
| Trade debts | 44 | €2,469,063 | €2,678,233 | +€209,170 | +8.5% |
| Suppliers | 440/4 | €2,469,063 | €2,678,233 | +€209,170 | +8.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,332,573 | €1,437,127 | +€104,553 | +7.8% |
| Accrued charges and deferred income | 492/3 | €96,616 | €64,067 | -€32,548 | -33.7% |
| Operating income | 70/76A | €89,362,456 | €85,218,424 | -€4.1m | -4.6% |
| Turnover | 70 | €89,310,030 | €85,088,201 | -€4.2m | -4.7% |
| Other operating income | 74 | €35,750 | €130,085 | +€94,335 | +263.9% |
| Non-recurring operating income | 76A | €16,677 | €138 | -€16,539 | -99.2% |
| Operating charges | 60/66A | €88,326,693 | €84,735,759 | -€3.6m | -4.1% |
| Goods for resale, raw materials and consumables | 60 | €86,202,008 | €82,171,358 | -€4.0m | -4.7% |
| Purchases | 600/8 | €86,159,058 | €81,884,842 | -€4.3m | -5.0% |
| Change in stocks: decrease (increase) | 609 | €42,950 | €286,516 | +€243,566 | +567.1% |
| Services and other goods | 61 | €2,420,528 | €2,617,017 | +€196,489 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,020 | €18,471 | +€451 | +2.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€336,599 | -€115,472 | +€221,128 | +65.7% |
| Other operating charges | 640/8 | €22,736 | €44,385 | +€21,649 | +95.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €1,035,764 | €482,665 | -€553,099 | -53.4% |
| Financial income | 75/76B | €40,136 | €12,425 | -€27,712 | -69.0% |
| Recurring financial income | 75 | €40,136 | €12,425 | -€27,712 | -69.0% |
| Income from current assets | 751 | €33,355 | €5,663 | -€27,692 | -83.0% |
| Other financial income | 752/9 | €6,781 | €6,761 | -€20 | -0.3% |
| Financial charges | 65/66B | €100,752 | €156,319 | +€55,567 | +55.2% |
| Recurring financial charges | 65 | €100,752 | €156,319 | +€55,567 | +55.2% |
| Debt charges | 650 | €99,633 | €66,655 | -€32,979 | -33.1% |
| Other financial charges | 652/9 | €1,118 | €89,664 | +€88,546 | +7917.7% |
| Profit (loss) for the period before taxes | 9903 | €975,148 | €338,771 | -€636,378 | -65.3% |
| Transfer from deferred taxes | 780 | €2,185 | €2,185 | = | 0.0% |
| Income taxes | 67/77 | €169,488 | €113,762 | -€55,726 | -32.9% |
| Taxes | 670/3 | €169,488 | €113,762 | -€55,726 | -32.9% |
| Profit (loss) for the period | 9904 | €807,845 | €227,194 | -€580,651 | -71.9% |
| Transfer from tax-exempt reserves | 789 | €4,241 | €4,241 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €812,086 | €231,435 | -€580,651 | -71.5% |
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 3 October 2026 via checked.be.