CORVA TRANS: 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.
CORVA TRANS
Largest movements
- Cash +€150,711
up €150,711 (+80.2%), from €187,936 to €338,647
mainly Receivables within one year (+€133,822) and Depreciation (+€133,055)
- Receivables within one year -€133,822
down €133,822 (-49.6%), from €269,677 to €135,855
of which Trade receivables: -€112,905
- Tangible fixed assets +€14,474
up €14,474 (+3.8%), from €381,199 to €395,673
of which Furniture and vehicles: +€17,496
- Trade debts +€46,231
up €46,231 (+78.7%), from €58,769 to €104,999
- Tax, wage and social debts -€19,944
down €19,944 (-33.1%), from €60,282 to €40,337
of which Taxes: -€15,961
- Staff costs +€33,406
up €33,406 (+14.9%), from €223,896 to €257,302
- Gross operating margin -€31,077
down €31,077 (-6.4%), from €486,483 to €455,406
- Taxes -€19,254
down €19,254 (-82.2%), from €23,411 to €4,157
- Other operating charges +€13,721
up €13,721 (+32.7%), from €42,015 to €55,736
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €851,821 | €883,184 | +€31,363 | +3.7% |
| Fixed assets | 21/28 | €386,389 | €400,863 | +€14,474 | +3.7% |
| Tangible fixed assets | 22/27 | €381,199 | €395,673 | +€14,474 | +3.8% |
| Plant, machinery and equipment | 23 | €13,348 | €10,326 | -€3,022 | -22.6% |
| Furniture and vehicles | 24 | €367,850 | €385,347 | +€17,496 | +4.8% |
| Financial fixed assets | 28 | €5,190 | €5,190 | = | 0.0% |
| Current assets | 29/58 | €465,433 | €482,322 | +€16,889 | +3.6% |
| Amounts receivable within one year | 40/41 | €269,677 | €135,855 | -€133,822 | -49.6% |
| Trade receivables | 40 | €239,859 | €126,953 | -€112,905 | -47.1% |
| Other amounts receivable | 41 | €29,818 | €8,901 | -€20,917 | -70.1% |
| Cash at bank and in hand | 54/58 | €187,936 | €338,647 | +€150,711 | +80.2% |
| Deferred charges and accrued income | 490/1 | €7,820 | €7,820 | = | 0.0% |
| Total equity and liabilities | 10/49 | €851,821 | €883,184 | +€31,363 | +3.7% |
| Equity | 10/15 | €731,273 | €737,100 | +€5,827 | +0.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €101,735 | €99,485 | -€2,250 | -2.2% |
| Tax-exempt reserves | 132 | €99,875 | €97,625 | -€2,250 | -2.3% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €623,341 | €631,418 | +€8,077 | +1.3% |
| Provisions and deferred taxes | 16 | €1,498 | €748 | -€750 | -50.1% |
| Deferred taxes | 168 | €1,498 | €748 | -€750 | -50.1% |
| Amounts payable | 17/49 | €119,050 | €145,337 | +€26,286 | +22.1% |
| Amounts payable within one year | 42/48 | €119,050 | €145,337 | +€26,286 | +22.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €58,769 | €104,999 | +€46,231 | +78.7% |
| Suppliers | 440/4 | €58,769 | €104,999 | +€46,231 | +78.7% |
| Taxes, remuneration and social security | 45 | €60,282 | €40,337 | -€19,944 | -33.1% |
| Taxes | 450/3 | €45,222 | €29,261 | -€15,961 | -35.3% |
| Remuneration and social security | 454/9 | €15,060 | €11,076 | -€3,984 | -26.5% |
| Non-recurring operating income | 76A | €15,757 | €0 | -€15,757 | -100% |
| Remuneration, social security and pensions | 62 | €223,896 | €257,302 | +€33,406 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,174 | €133,055 | +€3,881 | +3.0% |
| Other operating charges | 640/8 | €42,015 | €55,736 | +€13,721 | +32.7% |
| Gross operating margin | 9900 | €486,483 | €455,406 | -€31,077 | -6.4% |
| Operating profit (loss) | 9901 | €91,398 | €9,313 | -€82,085 | -89.8% |
| Financial income | 75/76B | €192 | €1,039 | +€847 | +441% |
| Recurring financial income | 75 | €192 | €1,039 | +€847 | +441% |
| Financial charges | 65/66B | €1,942 | €1,119 | -€823 | -42.4% |
| Recurring financial charges | 65 | €1,942 | €1,119 | -€823 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | €89,648 | €9,233 | -€80,415 | -89.7% |
| Transfer from deferred taxes | 780 | €750 | €750 | = | 0.0% |
| Income taxes | 67/77 | €23,411 | €4,157 | -€19,254 | -82.2% |
| Profit (loss) for the period | 9904 | €66,987 | €5,827 | -€61,161 | -91.3% |
| Transfer from tax-exempt reserves | 789 | €2,250 | €2,250 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €69,237 | €8,077 | -€61,161 | -88.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.