KoRaSA: 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.
KoRaSA
Largest movements
- Cash +€31,403
up €31,403 (+114.2%), from €27,499 to €58,901
mainly Net result for the year (+€37,067) and Other debts (+€19,448)
- Tangible fixed assets +€18,490
new in 2025: €18,490
of which Furniture and vehicles: +€17,530
- Receivables within one year +€16,771
up €16,771 (+178.8%), from €9,379 to €26,150
of which Trade receivables: +€14,060
- Profit (loss) carried forward +€37,067
up €37,067 (+204.0%), from €18,171 to €55,238
- Other debts +€19,448
up €19,448 (+291.8%), from €6,664 to €26,111
- Tax, wage and social debts +€14,953
up €14,953 (+311.9%), from €4,794 to €19,747
of which Remuneration and social security: +€9,141
- Trade debts -€4,249
no longer reported in 2025 (was €4,249)
- Gross operating margin +€73,063
up €73,063 (+317.2%), from €23,037 to €96,099
- Staff costs +€47,191
new in 2025: €47,191
- Taxes +€4,516
up €4,516 (+95.0%), from €4,751 to €9,267
- Depreciation +€1,173
new in 2025: €1,173
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 | €36,878 | €104,097 | +€67,219 | +182.3% |
| Fixed assets | 21/28 | - | €18,490 | +€18,490 | |
| Tangible fixed assets | 22/27 | - | €18,490 | +€18,490 | |
| Plant, machinery and equipment | 23 | - | €960 | +€960 | |
| Furniture and vehicles | 24 | - | €17,530 | +€17,530 | |
| Current assets | 29/58 | €36,878 | €85,607 | +€48,729 | +132.1% |
| Amounts receivable within one year | 40/41 | €9,379 | €26,150 | +€16,771 | +178.8% |
| Trade receivables | 40 | €9,379 | €23,439 | +€14,060 | +149.9% |
| Other amounts receivable | 41 | - | €2,711 | +€2,711 | |
| Cash at bank and in hand | 54/58 | €27,499 | €58,901 | +€31,403 | +114.2% |
| Deferred charges and accrued income | 490/1 | - | €556 | +€556 | |
| Total equity and liabilities | 10/49 | €36,878 | €104,097 | +€67,219 | +182.3% |
| Equity | 10/15 | €21,171 | €58,238 | +€37,067 | +175.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,171 | €55,238 | +€37,067 | +204.0% |
| Amounts payable | 17/49 | €15,707 | €45,859 | +€30,151 | +192.0% |
| Amounts payable within one year | 42/48 | €15,707 | €45,859 | +€30,151 | +192.0% |
| Trade debts | 44 | €4,249 | - | -€4,249 | |
| Suppliers | 440/4 | €4,249 | - | -€4,249 | |
| Taxes, remuneration and social security | 45 | €4,794 | €19,747 | +€14,953 | +311.9% |
| Taxes | 450/3 | €4,794 | €10,607 | +€5,812 | +121.2% |
| Remuneration and social security | 454/9 | - | €9,141 | +€9,141 | |
| Other amounts payable | 47/48 | €6,664 | €26,111 | +€19,448 | +291.8% |
| Remuneration, social security and pensions | 62 | - | €47,191 | +€47,191 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,173 | +€1,173 | |
| Other operating charges | 640/8 | €50 | €440 | +€390 | +780.8% |
| Gross operating margin | 9900 | €23,037 | €96,099 | +€73,063 | +317.2% |
| Operating profit (loss) | 9901 | €22,987 | €47,294 | +€24,308 | +105.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €65 | €961 | +€896 | +1380.6% |
| Recurring financial charges | 65 | €65 | €961 | +€896 | +1380.6% |
| Profit (loss) for the period before taxes | 9903 | €22,922 | €46,334 | +€23,412 | +102.1% |
| Income taxes | 67/77 | €4,751 | €9,267 | +€4,516 | +95.0% |
| Profit (loss) for the period | 9904 | €18,171 | €37,067 | +€18,897 | +104.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,171 | €37,067 | +€18,897 | +104.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.