CORZO Group: 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.
CORZO Group
Largest movements
- Cash +€19,060
up €19,060 (+37.0%), from €51,551 to €70,611
mainly Other debts (+€23,468) and Net result for the year (+€15,049)
- Receivables within one year +€14,857
up €14,857 (+48.0%), from €30,982 to €45,839
of which Trade receivables: +€9,857
- Tangible fixed assets +€1,553
up €1,553 (+83.1%), from €1,868 to €3,421
- Other debts +€23,468
up €23,468 (+39.2%), from €59,881 to €83,349
- Trade debts +€6,591
up €6,591 (+403.3%), from €1,634 to €8,225
- Profit (loss) carried forward +€2,987
up €2,987 (+24.8%), from €12,062 to €15,049
- Accrued charges and deferred income +€1,500
new in 2025: €1,500
- Financial income +€9,583
up €9,583 (+72650.6%), from €13 to €9,596
of which Financial income: +€9,583
- Gross operating margin +€5,258
up €5,258 (+70.7%), from €7,435 to €12,693
- Depreciation -€3,181
down €3,181 (-81.5%), from €3,902 to €721
- Taxes +€2,167
up €2,167 (+91.3%), from €2,374 to €4,541
- Financial charges +€971
up €971 (+594.1%), from €163 to €1,134
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 | €84,401 | €119,870 | +€35,470 | +42.0% |
| Fixed assets | 21/28 | €1,868 | €3,421 | +€1,553 | +83.1% |
| Tangible fixed assets | 22/27 | €1,868 | €3,421 | +€1,553 | +83.1% |
| Furniture and vehicles | 24 | €1,868 | €3,421 | +€1,553 | +83.1% |
| Current assets | 29/58 | €82,532 | €116,449 | +€33,917 | +41.1% |
| Amounts receivable within one year | 40/41 | €30,982 | €45,839 | +€14,857 | +48.0% |
| Trade receivables | 40 | €30,982 | €40,839 | +€9,857 | +31.8% |
| Other amounts receivable | 41 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €51,551 | €70,611 | +€19,060 | +37.0% |
| Total equity and liabilities | 10/49 | €84,401 | €119,870 | +€35,470 | +42.0% |
| Equity | 10/15 | €14,062 | €17,049 | +€2,987 | +21.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,062 | €15,049 | +€2,987 | +24.8% |
| Amounts payable | 17/49 | €70,339 | €102,821 | +€32,482 | +46.2% |
| Amounts payable within one year | 42/48 | €70,339 | €101,321 | +€30,982 | +44.0% |
| Trade debts | 44 | €1,634 | €8,225 | +€6,591 | +403.3% |
| Suppliers | 440/4 | €1,634 | €8,225 | +€6,591 | +403.3% |
| Taxes, remuneration and social security | 45 | €8,823 | €9,747 | +€924 | +10.5% |
| Taxes | 450/3 | €8,823 | €9,747 | +€924 | +10.5% |
| Other amounts payable | 47/48 | €59,881 | €83,349 | +€23,468 | +39.2% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,902 | €721 | -€3,181 | -81.5% |
| Other operating charges | 640/8 | €673 | €844 | +€171 | +25.4% |
| Gross operating margin | 9900 | €7,435 | €12,693 | +€5,258 | +70.7% |
| Operating profit (loss) | 9901 | €2,861 | €11,129 | +€8,268 | +289.0% |
| Financial income | 75/76B | €13 | €9,596 | +€9,583 | +72650.6% |
| Recurring financial income | 75 | €13 | €9,596 | +€9,583 | +72650.6% |
| Non-recurring financial income | 76B | €13 | €9,596 | +€9,583 | +72650.6% |
| Financial charges | 65/66B | €163 | €1,134 | +€971 | +594.1% |
| Recurring financial charges | 65 | €163 | €1,134 | +€971 | +594.1% |
| Profit (loss) for the period before taxes | 9903 | €2,710 | €19,590 | +€16,880 | +622.8% |
| Income taxes | 67/77 | €2,374 | €4,541 | +€2,167 | +91.3% |
| Profit (loss) for the period | 9904 | €336 | €15,049 | +€14,713 | +4372.6% |
| Profit (loss) for the period to be appropriated | 9905 | €336 | €15,049 | +€14,713 | +4372.6% |
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.