Etablissements Corado: 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.
Etablissements Corado
Largest movements
- Stocks and contracts +€26,783
up €26,783 (+211%), from €12,674 to €39,456
- Cash +€15,548
up €15,548 (+40,796%), from €38 to €15,586
mainly Net result for the year (+€28,899) and Tax, wage and social debts (+€6,671)
- Receivables within one year +€7,796
up €7,796 (+31.4%), from €24,852 to €32,648
- Intangible fixed assets -€3,400
down €3,400 (-20.1%), from €16,898 to €13,498
- Profit (loss) carried forward +€28,899
up €28,899 (+66.8%), from -€43,267 to -€14,369
- Tax, wage and social debts +€6,671
up €6,671 (+109%), from €6,096 to €12,767
of which Taxes: +€4,755
- Trade debts +€6,161
up €6,161 (+24.3%), from €25,323 to €31,485
- Other debts +€5,438
up €5,438 (+11.8%), from €46,102 to €51,540
- Gross operating margin +€35,951
up €35,951 (+192%), from €18,686 to €54,637
- Depreciation -€2,031
down €2,031 (-37.4%), from €5,431 to €3,400
- Financial charges +€893
up €893 (+274%), from €326 to €1,218
- Other operating charges -€711
down €711 (-44.5%), from €1,599 to €888
- Staff costs +€640
up €640 (+3.3%), from €19,160 to €19,800
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 | €54,983 | €101,939 | +€46,955 | +85.4% |
| Fixed assets | 21/28 | €16,898 | €13,498 | -€3,400 | -20.1% |
| Intangible fixed assets | 21 | €16,898 | €13,498 | -€3,400 | -20.1% |
| Current assets | 29/58 | €38,086 | €88,441 | +€50,355 | +132% |
| Stocks and contracts in progress | 3 | €12,674 | €39,456 | +€26,783 | +211% |
| Stocks | 30/36 | €12,674 | €39,456 | +€26,783 | +211% |
| Amounts receivable within one year | 40/41 | €24,852 | €32,648 | +€7,796 | +31.4% |
| Trade receivables | 40 | €24,852 | €32,648 | +€7,796 | +31.4% |
| Cash at bank and in hand | 54/58 | €38 | €15,586 | +€15,548 | +40,796% |
| Deferred charges and accrued income | 490/1 | €522 | €751 | +€229 | +43.9% |
| Total equity and liabilities | 10/49 | €54,983 | €101,939 | +€46,955 | +85.4% |
| Equity | 10/15 | -€22,752 | €6,147 | +€28,899 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,923 | €1,923 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €64 | €64 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,267 | -€14,369 | +€28,899 | +66.8% |
| Amounts payable | 17/49 | €77,735 | €95,792 | +€18,057 | +23.2% |
| Amounts payable within one year | 42/48 | €77,735 | €95,792 | +€18,057 | +23.2% |
| Financial debts | 43 | €214 | - | -€214 | |
| Credit institutions | 430/8 | €214 | - | -€214 | |
| Trade debts | 44 | €25,323 | €31,485 | +€6,161 | +24.3% |
| Suppliers | 440/4 | €25,323 | €31,485 | +€6,161 | +24.3% |
| Taxes, remuneration and social security | 45 | €6,096 | €12,767 | +€6,671 | +109% |
| Taxes | 450/3 | €2,797 | €7,552 | +€4,755 | +170% |
| Remuneration and social security | 454/9 | €3,299 | €5,215 | +€1,916 | +58.1% |
| Other amounts payable | 47/48 | €46,102 | €51,540 | +€5,438 | +11.8% |
| Remuneration, social security and pensions | 62 | €19,160 | €19,800 | +€640 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,431 | €3,400 | -€2,031 | -37.4% |
| Other operating charges | 640/8 | €1,599 | €888 | -€711 | -44.5% |
| Gross operating margin | 9900 | €18,686 | €54,637 | +€35,951 | +192% |
| Operating profit (loss) | 9901 | -€7,504 | €30,549 | +€38,053 | |
| Financial income | 75/76B | €303 | - | -€303 | |
| Recurring financial income | 75 | €303 | - | -€303 | |
| Financial charges | 65/66B | €326 | €1,218 | +€893 | +274% |
| Recurring financial charges | 65 | €326 | €1,218 | +€893 | +274% |
| Profit (loss) for the period before taxes | 9903 | -€7,527 | €29,331 | +€36,858 | |
| Income taxes | 67/77 | €432 | €432 | +€0 | 0.0% |
| Profit (loss) for the period | 9904 | -€7,959 | €28,899 | +€36,858 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,959 | €28,899 | +€36,858 |
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 30 October 2026 via checked.be.