KORABO Accountancy: 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.
KORABO Accountancy
Largest movements
- Receivables within one year +€69,963
up €69,963 (+214%), from €32,736 to €102,700
of which Trade receivables: +€47,743
- Tangible fixed assets +€30,462
new in 2026: €30,462
- Debts after one year +€47,705
up €47,705 (+4.2%), from €1.1m to €1.2m
- Trade debts +€29,105
up €29,105 (+143%), from €20,371 to €49,477
- Financial income -€660,000
down €660,000 (-82.5%), from €800,000 to €140,000
- Gross operating margin -€76,791
down €76,791 (-408%), from -€18,809 to -€95,600
- Financial charges -€11,196
down €11,196 (-24.1%), from €46,511 to €35,315
- Depreciation +€1,269
new in 2026: €1,269
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,400,445 | €2,498,812 | +€98,366 | +4.1% |
| Fixed assets | 21/28 | €2,353,605 | €2,375,462 | +€21,857 | +0.9% |
| Tangible fixed assets | 22/27 | - | €30,462 | +€30,462 | |
| Furniture and vehicles | 24 | - | €30,462 | +€30,462 | |
| Financial fixed assets | 28 | €2,353,605 | €2,345,000 | -€8,605 | -0.4% |
| Current assets | 29/58 | €46,840 | €123,350 | +€76,510 | +163% |
| Amounts receivable within one year | 40/41 | €32,736 | €102,700 | +€69,963 | +214% |
| Trade receivables | 40 | €25,905 | €73,648 | +€47,743 | +184% |
| Other amounts receivable | 41 | €6,832 | €29,052 | +€22,220 | +325% |
| Cash at bank and in hand | 54/58 | €14,104 | €20,650 | +€6,546 | +46.4% |
| Total equity and liabilities | 10/49 | €2,400,445 | €2,498,812 | +€98,366 | +4.1% |
| Equity | 10/15 | €1,154,680 | €1,162,300 | +€7,619 | +0.7% |
| Contributions | 10/11 | €420,000 | €420,000 | = | 0.0% |
| Reserves | 13 | €734,680 | €742,300 | +€7,619 | +1.0% |
| Distributable reserves | 133 | €734,680 | €742,300 | +€7,619 | +1.0% |
| Amounts payable | 17/49 | €1,245,765 | €1,336,512 | +€90,747 | +7.3% |
| Amounts payable after more than one year | 17 | €1,148,011 | €1,195,716 | +€47,705 | +4.2% |
| Financial debts | 170/4 | €1,148,011 | €1,195,716 | +€47,705 | +4.2% |
| Amounts payable within one year | 42/48 | €97,755 | €139,671 | +€41,917 | +42.9% |
| Current portion of amounts payable after more than one year | 42 | €77,383 | €90,194 | +€12,811 | +16.6% |
| Trade debts | 44 | €20,371 | €49,477 | +€29,105 | +143% |
| Suppliers | 440/4 | €20,371 | €49,477 | +€29,105 | +143% |
| Accrued charges and deferred income | 492/3 | - | €1,125 | +€1,125 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,269 | +€1,269 | |
| Other operating charges | 640/8 | - | €197 | +€197 | |
| Gross operating margin | 9900 | -€18,809 | -€95,600 | -€76,791 | -408% |
| Operating profit (loss) | 9901 | -€18,809 | -€97,066 | -€78,257 | -416% |
| Financial income | 75/76B | €800,000 | €140,000 | -€660,000 | -82.5% |
| Recurring financial income | 75 | €800,000 | €140,000 | -€660,000 | -82.5% |
| Financial charges | 65/66B | €46,511 | €35,315 | -€11,196 | -24.1% |
| Recurring financial charges | 65 | €46,511 | €35,315 | -€11,196 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €734,680 | €7,619 | -€727,061 | -99.0% |
| Profit (loss) for the period | 9904 | €734,680 | €7,619 | -€727,061 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €734,680 | €7,619 | -€727,061 | -99.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.