DE CORRE: 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.
DE CORRE
Largest movements
- Tangible fixed assets +€63,851
up €63,851 (+281.4%), from €22,690 to €86,542
of which Furniture and vehicles: +€64,600
- Receivables within one year -€47,991
down €47,991 (-91.9%), from €52,229 to €4,238
of which Trade receivables: -€42,148
- Cash +€2,346
up €2,346 (+1389.7%), from €169 to €2,515
mainly Receivables within one year (+€47,991) and Other debts (+€24,779)
- Other debts +€24,779
up €24,779 (+24.8%), from €99,780 to €124,559
- Trade debts -€4,661
down €4,661 (-27.3%), from €17,065 to €12,403
- Advances received -€3,090
down €3,090 (-49.9%), from €6,195 to €3,105
- Profit (loss) carried forward +€2,331
up €2,331 (+5.6%), from -€41,715 to -€39,384
- Depreciation +€10,598
up €10,598 (+308.5%), from €3,435 to €14,033
- Gross operating margin +€7,164
up €7,164 (+166.3%), from €4,307 to €11,471
- Financial income +€3,599
up €3,599 (+124.0%), from €2,902 to €6,501
of which Non-recurring financial income: +€3,600
- Other operating charges -€1,720
down €1,720 (-86.2%), from €1,994 to €274
- Taxes -€789
down €789 (-46.4%), from €1,701 to €912
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 | €82,588 | €101,630 | +€19,042 | +23.1% |
| Fixed assets | 21/28 | €22,690 | €86,542 | +€63,851 | +281.4% |
| Tangible fixed assets | 22/27 | €22,690 | €86,542 | +€63,851 | +281.4% |
| Plant, machinery and equipment | 23 | €2,993 | €2,245 | -€748 | -25.0% |
| Furniture and vehicles | 24 | €19,697 | €84,297 | +€64,600 | +328.0% |
| Current assets | 29/58 | €59,898 | €15,088 | -€44,810 | -74.8% |
| Stocks and contracts in progress | 3 | €7,500 | €7,500 | = | 0.0% |
| Stocks | 30/36 | €7,500 | €7,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €52,229 | €4,238 | -€47,991 | -91.9% |
| Trade receivables | 40 | €45,077 | €2,929 | -€42,148 | -93.5% |
| Other amounts receivable | 41 | €7,152 | €1,309 | -€5,843 | -81.7% |
| Cash at bank and in hand | 54/58 | €169 | €2,515 | +€2,346 | +1389.7% |
| Deferred charges and accrued income | 490/1 | - | €835 | +€835 | |
| Total equity and liabilities | 10/49 | €82,588 | €101,630 | +€19,042 | +23.1% |
| Equity | 10/15 | -€41,194 | -€38,864 | +€2,331 | +5.7% |
| Reserves | 13 | €520 | €520 | = | 0.0% |
| Distributable reserves | 133 | €520 | €520 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,715 | -€39,384 | +€2,331 | +5.6% |
| Amounts payable | 17/49 | €123,782 | €140,493 | +€16,711 | +13.5% |
| Amounts payable within one year | 42/48 | €123,782 | €140,493 | +€16,711 | +13.5% |
| Trade debts | 44 | €17,065 | €12,403 | -€4,661 | -27.3% |
| Suppliers | 440/4 | €17,065 | €12,403 | -€4,661 | -27.3% |
| Advances received on contracts in progress | 46 | €6,195 | €3,105 | -€3,090 | -49.9% |
| Taxes, remuneration and social security | 45 | €743 | €426 | -€317 | -42.7% |
| Taxes | 450/3 | €743 | €426 | -€317 | -42.7% |
| Other amounts payable | 47/48 | €99,780 | €124,559 | +€24,779 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,435 | €14,033 | +€10,598 | +308.5% |
| Other operating charges | 640/8 | €1,994 | €274 | -€1,720 | -86.2% |
| Gross operating margin | 9900 | €4,307 | €11,471 | +€7,164 | +166.3% |
| Operating profit (loss) | 9901 | -€1,121 | -€2,836 | -€1,715 | -152.9% |
| Financial income | 75/76B | €2,902 | €6,501 | +€3,599 | +124.0% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -54.9% |
| Non-recurring financial income | 76B | €2,900 | €6,500 | +€3,600 | +124.2% |
| Financial charges | 65/66B | €247 | €422 | +€175 | +70.8% |
| Recurring financial charges | 65 | €247 | €422 | +€175 | +70.8% |
| Profit (loss) for the period before taxes | 9903 | €1,533 | €3,242 | +€1,709 | +111.5% |
| Income taxes | 67/77 | €1,701 | €912 | -€789 | -46.4% |
| Profit (loss) for the period | 9904 | -€168 | €2,331 | +€2,498 | |
| Profit (loss) for the period to be appropriated | 9905 | -€168 | €2,331 | +€2,498 |
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.