CORYS: 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
CORYS
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€62,533
2024 · €49,951+€12,582
Equity
€1.3m
2024 · €1.2m+€62,533
Cash
€431,871
2024 · €345,472+€86,400
Balance sheet total
€1.3m
2024 · €1.2m+€66,052
Largest movements
Assets
- Cash +€86,400
up €86,400 (+25.0%), from €345,472 to €431,871
mainly Net result for the year (+€62,533) and Depreciation (+€18,864)
- Tangible fixed assets -€17,487
down €17,487 (-3.7%), from €477,531 to €460,044
of which Land and buildings: -€12,377
Equity and liabilities
- Reserves +€62,533
up €62,533 (+5.3%), from €1.2m to €1.2m
Income statement
- Gross operating margin +€32,826
up €32,826 (+47.2%), from €69,498 to €102,324
- Taxes +€20,039
up €20,039 (+213.4%), from €9,391 to €29,430
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
€49,951
Gross operating margin
+€32,826
Depreciation
-€210
Other operating charges
+€766
Financial income
-€900
Financial charges
+€139
Taxes
-€20,039
Result 2025
€62,533
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
+€94,227
Investment
-€1,377
Financing
-€6,450
Cash 2024
€345,472
From operations (derived)
+€94,227
Net result for the year
+€62,533
Depreciation
+€18,864
Stocks and contracts
+€1,315
Receivables within one year
+€275
Deferred charges and accrued income
+€1,270
Trade debts
+€425
Tax, wage and social debts
+€6,056
Advances received
+€3,000
Other debts
+€444
Accrued charges and deferred income
+€44
Investment (derived)
-€1,377
Investment in fixed assets (net)
-€1,377
Financing
-€6,450
Debts after one year
-€6,450
Cash 2025
€431,871
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,244,865 | €1,310,916 | +€66,052 | +5.3% |
| Fixed assets | 21/28 | €477,531 | €460,044 | -€17,487 | -3.7% |
| Tangible fixed assets | 22/27 | €477,531 | €460,044 | -€17,487 | -3.7% |
| Land and buildings | 22 | €468,745 | €456,368 | -€12,377 | -2.6% |
| Furniture and vehicles | 24 | €8,786 | €3,677 | -€5,110 | -58.2% |
| Current assets | 29/58 | €767,333 | €850,872 | +€83,539 | +10.9% |
| Stocks and contracts in progress | 3 | €6,833 | €5,518 | -€1,315 | -19.2% |
| Stocks | 30/36 | €6,833 | €5,518 | -€1,315 | -19.2% |
| Amounts receivable within one year | 40/41 | €110,337 | €110,062 | -€275 | -0.2% |
| Trade receivables | 40 | €110,253 | €109,978 | -€275 | -0.2% |
| Other amounts receivable | 41 | €84 | €84 | = | 0.0% |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €345,472 | €431,871 | +€86,400 | +25.0% |
| Deferred charges and accrued income | 490/1 | €4,691 | €3,421 | -€1,270 | -27.1% |
| Total equity and liabilities | 10/49 | €1,244,865 | €1,310,916 | +€66,052 | +5.3% |
| Equity | 10/15 | €1,197,305 | €1,259,838 | +€62,533 | +5.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,184,905 | €1,247,438 | +€62,533 | +5.3% |
| Distributable reserves | 133 | €1,184,905 | €1,247,438 | +€62,533 | +5.3% |
| Amounts payable | 17/49 | €47,560 | €51,078 | +€3,519 | +7.4% |
| Amounts payable after more than one year | 17 | €29,025 | €22,575 | -€6,450 | -22.2% |
| Financial debts | 170/4 | €29,025 | €22,575 | -€6,450 | -22.2% |
| Amounts payable within one year | 42/48 | €17,009 | €26,934 | +€9,925 | +58.4% |
| Current portion of amounts payable after more than one year | 42 | €6,450 | €6,450 | = | 0.0% |
| Trade debts | 44 | €735 | €1,160 | +€425 | +57.8% |
| Suppliers | 440/4 | €735 | €1,160 | +€425 | +57.8% |
| Advances received on contracts in progress | 46 | - | €3,000 | +€3,000 | |
| Taxes, remuneration and social security | 45 | €9,663 | €15,719 | +€6,056 | +62.7% |
| Taxes | 450/3 | €9,663 | €14,319 | +€4,656 | +48.2% |
| Remuneration and social security | 454/9 | €0 | €1,400 | +€1,400 | |
| Other amounts payable | 47/48 | €161 | €605 | +€444 | +274.9% |
| Accrued charges and deferred income | 492/3 | €1,525 | €1,569 | +€44 | +2.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,654 | €18,864 | +€210 | +1.1% |
| Other operating charges | 640/8 | €3,279 | €2,513 | -€766 | -23.4% |
| Gross operating margin | 9900 | €69,498 | €102,324 | +€32,826 | +47.2% |
| Operating profit (loss) | 9901 | €47,565 | €80,946 | +€33,382 | +70.2% |
| Financial income | 75/76B | €12,829 | €11,928 | -€900 | -7.0% |
| Recurring financial income | 75 | €12,829 | €11,928 | -€900 | -7.0% |
| Financial charges | 65/66B | €1,050 | €911 | -€139 | -13.2% |
| Recurring financial charges | 65 | €1,050 | €911 | -€139 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €59,343 | €91,963 | +€32,620 | +55.0% |
| Income taxes | 67/77 | €9,391 | €29,430 | +€20,039 | +213.4% |
| Profit (loss) for the period | 9904 | €49,951 | €62,533 | +€12,582 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,951 | €62,533 | +€12,582 | +25.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.