DE KORAAL: 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 KORAAL
Largest movements
- Receivables within one year -€4,692
down €4,692 (-6.5%), from €72,073 to €67,381
of which Trade receivables: -€6,778
- Cash +€2,970
up €2,970 (+24.2%), from €12,258 to €15,228
mainly Other debts (+€80,623) and Receivables within one year (+€4,692)
- Other debts +€80,623
up €80,623 (+42.8%), from €188,349 to €268,972
- Profit (loss) carried forward -€68,795
down €68,795 (-92.2%), from -€74,629 to -€143,424
- Trade debts -€7,075
no longer reported in 2024 (was €7,075)
- Tax, wage and social debts -€6,166
no longer reported in 2024 (was €6,166)
- Taxes +€69,287
new in 2024: €69,287
- Turnover -€55,560
down €55,560 (-88.9%), from €62,502 to €6,942
- Purchases and services -€37,680
down €37,680 (-89.0%), from €42,342 to €4,662
- Gross operating margin -€17,880
down €17,880 (-88.7%), from €20,160 to €2,280
- Depreciation -€3,872
no longer reported in 2024 (was €3,872)
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €145,561 | €144,148 | -€1,413 | -1.0% |
| Fixed assets | 21/28 | €11,900 | €11,900 | = | 0.0% |
| Tangible fixed assets | 22/27 | €11,900 | €11,900 | = | 0.0% |
| Other tangible fixed assets | 26 | €11,900 | €11,900 | = | 0.0% |
| Current assets | 29/58 | €133,661 | €132,248 | -€1,413 | -1.1% |
| Amounts receivable within one year | 40/41 | €72,073 | €67,381 | -€4,692 | -6.5% |
| Trade receivables | 40 | €68,493 | €61,715 | -€6,778 | -9.9% |
| Other amounts receivable | 41 | €3,580 | €5,666 | +€2,086 | +58.3% |
| Cash at bank and in hand | 54/58 | €12,258 | €15,228 | +€2,970 | +24.2% |
| Deferred charges and accrued income | 490/1 | €49,330 | €49,639 | +€309 | +0.6% |
| Total equity and liabilities | 10/49 | €145,561 | €144,148 | -€1,413 | -1.0% |
| Equity | 10/15 | -€56,029 | -€124,824 | -€68,795 | -123% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,629 | -€143,424 | -€68,795 | -92.2% |
| Amounts payable | 17/49 | €201,590 | €268,972 | +€67,382 | +33.4% |
| Amounts payable within one year | 42/48 | €201,590 | €268,972 | +€67,382 | +33.4% |
| Trade debts | 44 | €7,075 | - | -€7,075 | |
| Suppliers | 440/4 | €7,075 | - | -€7,075 | |
| Taxes, remuneration and social security | 45 | €6,166 | - | -€6,166 | |
| Taxes | 450/3 | €6,166 | - | -€6,166 | |
| Other amounts payable | 47/48 | €188,349 | €268,972 | +€80,623 | +42.8% |
| Turnover | 70 | €62,502 | €6,942 | -€55,560 | -88.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €42,342 | €4,662 | -€37,680 | -89.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,872 | - | -€3,872 | |
| Other operating charges | 640/8 | - | €388 | +€388 | |
| Gross operating margin | 9900 | €20,160 | €2,280 | -€17,880 | -88.7% |
| Operating profit (loss) | 9901 | €16,288 | €1,892 | -€14,396 | -88.4% |
| Financial charges | 65/66B | - | €1,400 | +€1,400 | |
| Recurring financial charges | 65 | - | €1,400 | +€1,400 | |
| Profit (loss) for the period before taxes | 9903 | €16,288 | €492 | -€15,796 | -97.0% |
| Income taxes | 67/77 | - | €69,287 | +€69,287 | |
| Profit (loss) for the period | 9904 | €16,288 | -€68,795 | -€85,083 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,288 | -€68,795 | -€85,083 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.