GROEP CORVERS: 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.
GROEP CORVERS
Largest movements
- Receivables within one year +€13,163
up €13,163 (+903.4%), from €1,457 to €14,620
of which Other amounts receivable: +€13,220
- Other debts +€41,788
up €41,788 (+67.8%), from €61,592 to €103,380
- Debts after one year -€24,496
down €24,496 (-85.4%), from €28,682 to €4,185
- Reserves +€20,122
up €20,122 (+9.1%), from €221,344 to €241,466
- Tax, wage and social debts -€15,568
down €15,568 (-78.0%), from €19,956 to €4,389
- Current portion of long-term debt -€11,009
down €11,009 (-14.4%), from €76,233 to €65,224
- Gross operating margin -€49,770
down €49,770 (-59.8%), from €83,200 to €33,431
- Taxes -€15,316
down €15,316 (-62.0%), from €24,709 to €9,394
- Financial charges -€916
down €916 (-31.9%), from €2,871 to €1,955
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 | €492,785 | €504,737 | +€11,952 | +2.4% |
| Fixed assets | 21/28 | €489,417 | €488,890 | -€528 | -0.1% |
| Tangible fixed assets | 22/27 | €231,017 | €230,490 | -€528 | -0.2% |
| Land and buildings | 22 | €231,017 | €230,490 | -€528 | -0.2% |
| Financial fixed assets | 28 | €258,400 | €258,400 | = | 0.0% |
| Current assets | 29/58 | €3,368 | €15,847 | +€12,480 | +370.6% |
| Amounts receivable within one year | 40/41 | €1,457 | €14,620 | +€13,163 | +903.4% |
| Trade receivables | 40 | €57 | - | -€57 | |
| Other amounts receivable | 41 | €1,400 | €14,620 | +€13,220 | +944.3% |
| Cash at bank and in hand | 54/58 | €1,911 | €1,227 | -€683 | -35.8% |
| Total equity and liabilities | 10/49 | €492,785 | €504,737 | +€11,952 | +2.4% |
| Equity | 10/15 | €301,644 | €321,766 | +€20,122 | +6.7% |
| Contributions | 10/11 | €80,300 | €80,300 | = | 0.0% |
| Contributions outside capital | 11 | €80,300 | €80,300 | = | 0.0% |
| Share premium | 1100/10 | €73,000 | €73,000 | = | 0.0% |
| Other | 1109/19 | €7,300 | €7,300 | = | 0.0% |
| Reserves | 13 | €221,344 | €241,466 | +€20,122 | +9.1% |
| Distributable reserves | 133 | €221,344 | €241,466 | +€20,122 | +9.1% |
| Amounts payable | 17/49 | €191,141 | €182,971 | -€8,170 | -4.3% |
| Amounts payable after more than one year | 17 | €28,682 | €4,185 | -€24,496 | -85.4% |
| Financial debts | 170/4 | €28,682 | €4,185 | -€24,496 | -85.4% |
| Amounts payable within one year | 42/48 | €162,459 | €178,786 | +€16,327 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €76,233 | €65,224 | -€11,009 | -14.4% |
| Trade debts | 44 | €1,048 | €2,163 | +€1,116 | +106.5% |
| Suppliers | 440/4 | €1,048 | €2,163 | +€1,116 | +106.5% |
| Advances received on contracts in progress | 46 | €3,630 | €3,630 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €19,956 | €4,389 | -€15,568 | -78.0% |
| Taxes | 450/3 | €19,956 | €4,389 | -€15,568 | -78.0% |
| Other amounts payable | 47/48 | €61,592 | €103,380 | +€41,788 | +67.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €528 | €528 | = | 0.0% |
| Other operating charges | 640/8 | €1,396 | €1,433 | +€37 | +2.6% |
| Gross operating margin | 9900 | €83,200 | €33,431 | -€49,770 | -59.8% |
| Operating profit (loss) | 9901 | €81,277 | €31,470 | -€49,807 | -61.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,871 | €1,955 | -€916 | -31.9% |
| Recurring financial charges | 65 | €2,871 | €1,955 | -€916 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €78,406 | €29,516 | -€48,891 | -62.4% |
| Income taxes | 67/77 | €24,709 | €9,394 | -€15,316 | -62.0% |
| Profit (loss) for the period | 9904 | €53,697 | €20,122 | -€33,575 | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €53,697 | €20,122 | -€33,575 | -62.5% |
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 9 October 2026 via checked.be.