CORYSANIC: 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.
CORYSANIC
Largest movements
- Tangible fixed assets -€82,802
down €82,802 (-17.9%), from €462,984 to €380,182
- Cash +€44,894
up €44,894 (+49.8%), from €90,075 to €134,969
mainly Depreciation (+€88,712) and Net result for the year (+€27,992)
- Receivables within one year -€12,681
down €12,681 (-46.5%), from €27,284 to €14,603
- Debts after one year -€56,814
down €56,814 (-51.0%), from €111,333 to €54,519
- Reserves +€27,992
up €27,992 (+9.9%), from €282,429 to €310,421
of which Distributable reserves: +€30,668
- Other debts -€16,875
down €16,875 (-13.0%), from €129,693 to €112,818
- Current portion of long-term debt -€13,836
down €13,836 (-19.6%), from €70,649 to €56,814
- Gross operating margin +€5,986
up €5,986 (+3.4%), from €174,462 to €180,447
- Other operating charges -€5,378
down €5,378 (-50.6%), from €10,636 to €5,258
- Taxes +€4,250
up €4,250 (+34.8%), from €12,204 to €16,454
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 | €661,456 | €604,391 | -€57,065 | -8.6% |
| Fixed assets | 21/28 | €463,023 | €380,182 | -€82,841 | -17.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €462,984 | €380,182 | -€82,802 | -17.9% |
| Land and buildings | 22 | €146,059 | €129,991 | -€16,068 | -11.0% |
| Plant, machinery and equipment | 23 | €169,569 | €131,587 | -€37,982 | -22.4% |
| Furniture and vehicles | 24 | €143,804 | €115,465 | -€28,338 | -19.7% |
| Other tangible fixed assets | 26 | €3,552 | €3,138 | -€414 | -11.7% |
| Financial fixed assets | 28 | €39 | €0 | -€39 | -100.0% |
| Current assets | 29/58 | €198,433 | €224,209 | +€25,776 | +13.0% |
| Amounts receivable after more than one year | 29 | €1,500 | €1,500 | = | 0.0% |
| Other amounts receivable | 291 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,284 | €14,603 | -€12,681 | -46.5% |
| Other amounts receivable | 41 | €27,284 | €14,603 | -€12,681 | -46.5% |
| Current investments | 50/53 | €23,338 | €23,338 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €90,075 | €134,969 | +€44,894 | +49.8% |
| Deferred charges and accrued income | 490/1 | €56,237 | €49,799 | -€6,437 | -11.4% |
| Total equity and liabilities | 10/49 | €661,456 | €604,391 | -€57,065 | -8.6% |
| Equity | 10/15 | €319,689 | €347,681 | +€27,992 | +8.8% |
| Contributions | 10/11 | €37,195 | €37,195 | = | 0.0% |
| Reserves | 13 | €282,429 | €310,421 | +€27,992 | +9.9% |
| Tax-exempt reserves | 132 | €29,435 | €26,759 | -€2,676 | -9.1% |
| Distributable reserves | 133 | €252,994 | €283,662 | +€30,668 | +12.1% |
| Profit (loss) carried forward | 14 | €65 | €65 | = | 0.0% |
| Provisions and deferred taxes | 16 | €15,157 | €13,779 | -€1,378 | -9.1% |
| Deferred taxes | 168 | €15,157 | €13,779 | -€1,378 | -9.1% |
| Amounts payable | 17/49 | €326,610 | €242,931 | -€83,679 | -25.6% |
| Amounts payable after more than one year | 17 | €111,333 | €54,519 | -€56,814 | -51.0% |
| Financial debts | 170/4 | €111,333 | €54,519 | -€56,814 | -51.0% |
| Amounts payable within one year | 42/48 | €215,277 | €188,412 | -€26,865 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €70,649 | €56,814 | -€13,836 | -19.6% |
| Financial debts | 43 | €5,087 | €5,099 | +€12 | +0.2% |
| Credit institutions | 430/8 | €5,087 | €5,099 | +€12 | +0.2% |
| Trade debts | 44 | €2,819 | €5,128 | +€2,309 | +81.9% |
| Suppliers | 440/4 | €2,819 | €5,128 | +€2,309 | +81.9% |
| Taxes, remuneration and social security | 45 | €7,029 | €8,553 | +€1,525 | +21.7% |
| Taxes | 450/3 | €2,580 | €3,067 | +€487 | +18.9% |
| Remuneration and social security | 454/9 | €4,448 | €5,486 | +€1,038 | +23.3% |
| Other amounts payable | 47/48 | €129,693 | €112,818 | -€16,875 | -13.0% |
| Non-recurring operating income | 76A | €39,990 | €0 | -€39,990 | -100.0% |
| Remuneration, social security and pensions | 62 | €36,267 | €37,382 | +€1,115 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,946 | €88,712 | +€1,765 | +2.0% |
| Other operating charges | 640/8 | €10,636 | €5,258 | -€5,378 | -50.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €174,462 | €180,447 | +€5,986 | +3.4% |
| Operating profit (loss) | 9901 | €40,613 | €49,096 | +€8,483 | +20.9% |
| Financial income | 75/76B | €75 | €315 | +€240 | +319.4% |
| Recurring financial income | 75 | €75 | €315 | +€240 | +319.4% |
| Financial charges | 65/66B | €6,736 | €6,342 | -€394 | -5.8% |
| Recurring financial charges | 65 | €6,736 | €6,342 | -€394 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €33,951 | €43,069 | +€9,117 | +26.9% |
| Transfer from deferred taxes | 780 | €1,378 | €1,378 | = | 0.0% |
| Income taxes | 67/77 | €12,204 | €16,454 | +€4,250 | +34.8% |
| Profit (loss) for the period | 9904 | €23,125 | €27,992 | +€4,867 | +21.0% |
| Transfer from tax-exempt reserves | 789 | €2,676 | €2,676 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,801 | €30,668 | +€4,867 | +18.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.