Korbo Woonprojecten: 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.
Korbo Woonprojecten
Largest movements
- Stocks and contracts -€340,585
down €340,585 (-37.1%), from €919,226 to €578,642
- Receivables within one year +€111,021
up €111,021 (+236%), from €46,988 to €158,009
of which Other amounts receivable: +€151,917
- Receivables after one year -€85,000
no longer reported in 2025 (was €85,000)
- Tangible fixed assets +€21,628
up €21,628 (+193%), from €11,198 to €32,826
- Short-term financial debts -€405,237
down €405,237 (-81.9%), from €494,726 to €89,489
- Other debts +€230,390
up €230,390 (+756%), from €30,476 to €260,866
- Debts after one year -€113,000
down €113,000 (-57.9%), from €195,000 to €82,000
- Reserves +€88,888
up €88,888 (+38.2%), from €232,672 to €321,560
- Current portion of long-term debt -€51,414
no longer reported in 2025 (was €51,414)
- Gross operating margin +€145,002
up €145,002 (+769%), from €18,853 to €163,855
- Financial charges +€26,548
up €26,548 (+172%), from €15,392 to €41,940
- Taxes +€25,003
up €25,003 (+8,916%), from €280 to €25,284
- Depreciation +€5,836
up €5,836 (+693%), from €842 to €6,678
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 | €1,068,419 | €772,044 | -€296,375 | -27.7% |
| Fixed assets | 21/28 | €11,198 | €33,026 | +€21,828 | +195% |
| Tangible fixed assets | 22/27 | €11,198 | €32,826 | +€21,628 | +193% |
| Furniture and vehicles | 24 | €11,198 | €32,826 | +€21,628 | +193% |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €1,057,221 | €739,018 | -€318,203 | -30.1% |
| Amounts receivable after more than one year | 29 | €85,000 | - | -€85,000 | |
| Other amounts receivable | 291 | €85,000 | - | -€85,000 | |
| Stocks and contracts in progress | 3 | €919,226 | €578,642 | -€340,585 | -37.1% |
| Stocks | 30/36 | €919,226 | €578,642 | -€340,585 | -37.1% |
| Amounts receivable within one year | 40/41 | €46,988 | €158,009 | +€111,021 | +236% |
| Trade receivables | 40 | €41,992 | €1,096 | -€40,896 | -97.4% |
| Other amounts receivable | 41 | €4,997 | €156,914 | +€151,917 | +3,040% |
| Cash at bank and in hand | 54/58 | €2,338 | €782 | -€1,556 | -66.5% |
| Deferred charges and accrued income | 490/1 | €3,668 | €1,585 | -€2,083 | -56.8% |
| Total equity and liabilities | 10/49 | €1,068,419 | €772,044 | -€296,375 | -27.7% |
| Equity | 10/15 | €235,172 | €324,060 | +€88,888 | +37.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €232,672 | €321,560 | +€88,888 | +38.2% |
| Distributable reserves | 133 | €232,672 | €321,560 | +€88,888 | +38.2% |
| Amounts payable | 17/49 | €833,247 | €447,984 | -€385,263 | -46.2% |
| Amounts payable after more than one year | 17 | €195,000 | €82,000 | -€113,000 | -57.9% |
| Other amounts payable | 178/9 | €195,000 | €82,000 | -€113,000 | -57.9% |
| Amounts payable within one year | 42/48 | €638,247 | €365,984 | -€272,263 | -42.7% |
| Current portion of amounts payable after more than one year | 42 | €51,414 | - | -€51,414 | |
| Financial debts | 43 | €494,726 | €89,489 | -€405,237 | -81.9% |
| Credit institutions | 430/8 | €494,726 | €89,489 | -€405,237 | -81.9% |
| Trade debts | 44 | €59,600 | €14,180 | -€45,420 | -76.2% |
| Suppliers | 440/4 | €59,600 | €14,180 | -€45,420 | -76.2% |
| Taxes, remuneration and social security | 45 | €2,030 | €1,450 | -€580 | -28.6% |
| Taxes | 450/3 | €580 | - | -€580 | |
| Remuneration and social security | 454/9 | €1,450 | €1,450 | = | 0.0% |
| Other amounts payable | 47/48 | €30,476 | €260,866 | +€230,390 | +756% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €842 | €6,678 | +€5,836 | +693% |
| Other operating charges | 640/8 | €474 | €1,066 | +€592 | +125% |
| Gross operating margin | 9900 | €18,853 | €163,855 | +€145,002 | +769% |
| Operating profit (loss) | 9901 | €17,537 | €156,111 | +€138,574 | +790% |
| Financial charges | 65/66B | €15,392 | €41,940 | +€26,548 | +172% |
| Recurring financial charges | 65 | €15,392 | €41,940 | +€26,548 | +172% |
| Profit (loss) for the period before taxes | 9903 | €2,145 | €114,171 | +€112,027 | +5,224% |
| Income taxes | 67/77 | €280 | €25,284 | +€25,003 | +8,916% |
| Profit (loss) for the period | 9904 | €1,864 | €88,888 | +€87,023 | +4,668% |
| Profit (loss) for the period to be appropriated | 9905 | €1,864 | €88,888 | +€87,023 | +4,668% |
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 25 October 2026 via checked.be.