CORVUS SOLUTIONS: 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.
CORVUS SOLUTIONS
Largest movements
- Receivables within one year +€17,152
up €17,152 (+192.5%), from €8,910 to €26,062
of which Trade receivables: +€17,157
- Cash +€15,820
up €15,820 (+93.5%), from €16,927 to €32,747
mainly Net result for the year (+€14,316) and Other debts (+€13,192)
- Tangible fixed assets -€4,852
down €4,852 (-40.6%), from €11,949 to €7,096
of which Plant, machinery and equipment: -€4,652
- Stocks and contracts -€720
down €720 (-100.0%), from €720 to €0
- Profit (loss) carried forward +€14,316
up €14,316 (+43.0%), from -€33,265 to -€18,949
- Other debts +€13,192
up €13,192 (+293.3%), from €4,498 to €17,690
- Tax, wage and social debts +€9,752
up €9,752 (+2300.4%), from €424 to €10,176
- Debts after one year -€7,296
down €7,296 (-70.2%), from €10,394 to €3,098
- Trade debts -€1,991
down €1,991 (-10.8%), from €18,348 to €16,358
- Gross operating margin +€45,181
up €45,181, from -€24,953 to €20,228
- Financial income -€971
down €971 (-92.0%), from €1,055 to €84
- Depreciation -€424
down €424 (-8.0%), from €5,276 to €4,852
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 | €39,904 | €66,933 | +€27,029 | +67.7% |
| Fixed assets | 21/28 | €11,949 | €7,096 | -€4,852 | -40.6% |
| Tangible fixed assets | 22/27 | €11,949 | €7,096 | -€4,852 | -40.6% |
| Plant, machinery and equipment | 23 | €11,122 | €6,469 | -€4,652 | -41.8% |
| Furniture and vehicles | 24 | €827 | €627 | -€200 | -24.2% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €27,955 | €59,836 | +€31,881 | +114.0% |
| Stocks and contracts in progress | 3 | €720 | €0 | -€720 | -100.0% |
| Contracts in progress | 37 | €720 | €0 | -€720 | -100.0% |
| Amounts receivable within one year | 40/41 | €8,910 | €26,062 | +€17,152 | +192.5% |
| Trade receivables | 40 | €905 | €18,062 | +€17,157 | +1895.6% |
| Other amounts receivable | 41 | €8,005 | €8,000 | -€5 | -0.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €16,927 | €32,747 | +€15,820 | +93.5% |
| Deferred charges and accrued income | 490/1 | €1,398 | €1,027 | -€370 | -26.5% |
| Total equity and liabilities | 10/49 | €39,904 | €66,933 | +€27,029 | +67.7% |
| Equity | 10/15 | -€2,003 | €12,314 | +€14,316 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €18,863 | €18,863 | = | 0.0% |
| Distributable reserves | 133 | €18,863 | €18,863 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,265 | -€18,949 | +€14,316 | +43.0% |
| Amounts payable | 17/49 | €41,906 | €54,619 | +€12,713 | +30.3% |
| Amounts payable after more than one year | 17 | €10,394 | €3,098 | -€7,296 | -70.2% |
| Financial debts | 170/4 | €10,394 | €3,098 | -€7,296 | -70.2% |
| Amounts payable within one year | 42/48 | €31,512 | €51,521 | +€20,009 | +63.5% |
| Current portion of amounts payable after more than one year | 42 | €8,242 | €7,296 | -€945 | -11.5% |
| Trade debts | 44 | €18,348 | €16,358 | -€1,991 | -10.8% |
| Suppliers | 440/4 | €18,348 | €16,358 | -€1,991 | -10.8% |
| Taxes, remuneration and social security | 45 | €424 | €10,176 | +€9,752 | +2300.4% |
| Taxes | 450/3 | €424 | €10,176 | +€9,752 | +2300.4% |
| Other amounts payable | 47/48 | €4,498 | €17,690 | +€13,192 | +293.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,276 | €4,852 | -€424 | -8.0% |
| Other operating charges | 640/8 | €732 | €585 | -€146 | -20.0% |
| Gross operating margin | 9900 | -€24,953 | €20,228 | +€45,181 | |
| Operating profit (loss) | 9901 | -€30,961 | €14,790 | +€45,751 | |
| Financial income | 75/76B | €1,055 | €84 | -€971 | -92.0% |
| Recurring financial income | 75 | €1,055 | €84 | -€971 | -92.0% |
| Financial charges | 65/66B | €745 | €558 | -€187 | -25.1% |
| Recurring financial charges | 65 | €745 | €558 | -€187 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | -€30,651 | €14,316 | +€44,968 | |
| Profit (loss) for the period | 9904 | -€30,651 | €14,316 | +€44,968 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,651 | €14,316 | +€44,968 |
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 8 October 2026 via checked.be.