DE KORIANDER: 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 KORIANDER
Largest movements
- Cash +€65,766
up €65,766 (+51.1%), from €128,758 to €194,523
mainly Net result for the year (+€244,280) and Receivables within one year (+€35,850)
- Receivables within one year -€35,850
down €35,850 (-84.1%), from €42,647 to €6,797
of which Trade receivables: -€37,306
- Stocks and contracts -€15,518
no longer reported in 2025 (was €15,518)
- Deferred charges and accrued income -€8,048
down €8,048 (-77.5%), from €10,386 to €2,337
- Tangible fixed assets -€3,250
no longer reported in 2025 (was €3,250)
of which Furniture and vehicles: -€2,000
- Profit (loss) carried forward +€244,280
up €244,280 (+13.9%), from -€1.8m to -€1.5m
- Advances received -€147,500
no longer reported in 2025 (was €147,500)
- Tax, wage and social debts -€42,474
down €42,474 (-96.2%), from €44,148 to €1,674
of which Remuneration and social security: -€40,256
- Trade debts -€30,246
down €30,246 (-95.4%), from €31,695 to €1,449
- Other debts -€22,515
down €22,515 (-56.4%), from €39,899 to €17,384
- Staff costs -€402,119
down €402,119 (-92.0%), from €437,165 to €35,046
- Gross operating margin -€65,482
down €65,482 (-18.9%), from €345,941 to €280,458
- Depreciation -€5,250
no longer reported in 2025 (was €5,250)
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.
Derived cash bridge
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 | €201,687 | €203,658 | +€1,971 | +1.0% |
| Fixed assets | 21/28 | €4,378 | - | -€4,378 | |
| Tangible fixed assets | 22/27 | €3,250 | - | -€3,250 | |
| Plant, machinery and equipment | 23 | €1,250 | - | -€1,250 | |
| Furniture and vehicles | 24 | €2,000 | - | -€2,000 | |
| Financial fixed assets | 28 | €1,128 | - | -€1,128 | |
| Current assets | 29/58 | €197,308 | €203,658 | +€6,349 | +3.2% |
| Stocks and contracts in progress | 3 | €15,518 | - | -€15,518 | |
| Stocks | 30/36 | €15,518 | - | -€15,518 | |
| Amounts receivable within one year | 40/41 | €42,647 | €6,797 | -€35,850 | -84.1% |
| Trade receivables | 40 | €41,738 | €4,433 | -€37,306 | -89.4% |
| Other amounts receivable | 41 | €909 | €2,365 | +€1,456 | +160% |
| Cash at bank and in hand | 54/58 | €128,758 | €194,523 | +€65,766 | +51.1% |
| Deferred charges and accrued income | 490/1 | €10,386 | €2,337 | -€8,048 | -77.5% |
| Total equity and liabilities | 10/49 | €201,687 | €203,658 | +€1,971 | +1.0% |
| Equity | 10/15 | -€61,702 | €182,578 | +€244,280 | |
| Contributions | 10/11 | €1,686,348 | €1,686,348 | = | 0.0% |
| Reserves | 13 | €6,504 | €6,504 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,800 | €2,800 | = | 0.0% |
| Distributable reserves | 133 | €3,704 | €3,704 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,754,554 | -€1,510,274 | +€244,280 | +13.9% |
| Amounts payable | 17/49 | €263,389 | €21,080 | -€242,309 | -92.0% |
| Amounts payable within one year | 42/48 | €263,242 | €20,507 | -€242,735 | -92.2% |
| Trade debts | 44 | €31,695 | €1,449 | -€30,246 | -95.4% |
| Suppliers | 440/4 | €31,695 | €1,449 | -€30,246 | -95.4% |
| Advances received on contracts in progress | 46 | €147,500 | - | -€147,500 | |
| Taxes, remuneration and social security | 45 | €44,148 | €1,674 | -€42,474 | -96.2% |
| Taxes | 450/3 | €2,561 | €344 | -€2,217 | -86.6% |
| Remuneration and social security | 454/9 | €41,587 | €1,331 | -€40,256 | -96.8% |
| Other amounts payable | 47/48 | €39,899 | €17,384 | -€22,515 | -56.4% |
| Accrued charges and deferred income | 492/3 | €146 | €572 | +€426 | +291% |
| Remuneration, social security and pensions | 62 | €437,165 | €35,046 | -€402,119 | -92.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,250 | - | -€5,250 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,213 | - | +€1,213 | |
| Other operating charges | 640/8 | €2,501 | €1,045 | -€1,456 | -58.2% |
| Gross operating margin | 9900 | €345,941 | €280,458 | -€65,482 | -18.9% |
| Operating profit (loss) | 9901 | -€97,762 | €244,367 | +€342,130 | |
| Financial income | 75/76B | €2,211 | €434 | -€1,777 | -80.4% |
| Recurring financial income | 75 | €2,211 | €434 | -€1,777 | -80.4% |
| Financial charges | 65/66B | €746 | €492 | -€254 | -34.0% |
| Recurring financial charges | 65 | €746 | €492 | -€254 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | -€96,297 | €244,310 | +€340,607 | |
| Income taxes | 67/77 | €348 | €29 | -€319 | -91.6% |
| Profit (loss) for the period | 9904 | -€96,645 | €244,280 | +€340,925 | |
| Profit (loss) for the period to be appropriated | 9905 | -€96,645 | €244,280 | +€340,925 |
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 23 October 2026 via checked.be.