KOREYA: 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.
KOREYA
Largest movements
- Tangible fixed assets -€12,857
down €12,857 (-74.8%), from €17,195 to €4,338
- Stocks and contracts +€7,255
up €7,255 (+32.4%), from €22,370 to €29,625
- Intangible fixed assets -€2,265
down €2,265 (-25.0%), from €9,058 to €6,793
- Receivables within one year +€1,932
up €1,932 (+51.5%), from €3,750 to €5,682
of which Trade receivables: +€3,963
- Cash -€1,921
down €1,921 (-49.4%), from €3,888 to €1,967
mainly Other debts (-€18,710) and Stocks and contracts (-€7,255)
- Other debts -€18,710
down €18,710 (-32.5%), from €57,560 to €38,850
- Tax, wage and social debts +€7,249
up €7,249 (+643%), from €1,128 to €8,377
of which Remuneration and social security: +€7,257
- Profit (loss) carried forward +€4,893
up €4,893 (+52.8%), from -€9,260 to -€4,367
- Trade debts -€1,288
down €1,288 (-70.3%), from €1,833 to €545
- Gross operating margin +€24,645
up €24,645 (+107%), from €22,928 to €47,573
- Staff costs +€20,735
up €20,735 (+408%), from €5,084 to €25,819
- Other operating charges +€1,597
new in 2025: €1,597
- Depreciation +€999
up €999 (+7.1%), from €14,123 to €15,122
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 | €56,261 | €48,405 | -€7,856 | -14.0% |
| Fixed assets | 21/28 | €26,253 | €11,131 | -€15,122 | -57.6% |
| Intangible fixed assets | 21 | €9,058 | €6,793 | -€2,265 | -25.0% |
| Tangible fixed assets | 22/27 | €17,195 | €4,338 | -€12,857 | -74.8% |
| Furniture and vehicles | 24 | €17,195 | €4,338 | -€12,857 | -74.8% |
| Current assets | 29/58 | €30,008 | €37,274 | +€7,266 | +24.2% |
| Stocks and contracts in progress | 3 | €22,370 | €29,625 | +€7,255 | +32.4% |
| Stocks | 30/36 | €22,370 | €29,625 | +€7,255 | +32.4% |
| Amounts receivable within one year | 40/41 | €3,750 | €5,682 | +€1,932 | +51.5% |
| Trade receivables | 40 | - | €3,963 | +€3,963 | |
| Other amounts receivable | 41 | €3,750 | €1,719 | -€2,031 | -54.2% |
| Cash at bank and in hand | 54/58 | €3,888 | €1,967 | -€1,921 | -49.4% |
| Total equity and liabilities | 10/49 | €56,261 | €48,405 | -€7,856 | -14.0% |
| Equity | 10/15 | -€4,260 | €633 | +€4,893 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,260 | -€4,367 | +€4,893 | +52.8% |
| Amounts payable | 17/49 | €60,521 | €47,772 | -€12,749 | -21.1% |
| Amounts payable within one year | 42/48 | €60,521 | €47,772 | -€12,749 | -21.1% |
| Trade debts | 44 | €1,833 | €545 | -€1,288 | -70.3% |
| Suppliers | 440/4 | €1,833 | €545 | -€1,288 | -70.3% |
| Taxes, remuneration and social security | 45 | €1,128 | €8,377 | +€7,249 | +643% |
| Taxes | 450/3 | €8 | - | -€8 | |
| Remuneration and social security | 454/9 | €1,120 | €8,377 | +€7,257 | +648% |
| Other amounts payable | 47/48 | €57,560 | €38,850 | -€18,710 | -32.5% |
| Remuneration, social security and pensions | 62 | €5,084 | €25,819 | +€20,735 | +408% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,123 | €15,122 | +€999 | +7.1% |
| Other operating charges | 640/8 | - | €1,597 | +€1,597 | |
| Gross operating margin | 9900 | €22,928 | €47,573 | +€24,645 | +107% |
| Operating profit (loss) | 9901 | €3,721 | €5,035 | +€1,314 | +35.3% |
| Financial charges | 65/66B | €140 | €142 | +€2 | +1.4% |
| Recurring financial charges | 65 | €140 | €142 | +€2 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €3,581 | €4,893 | +€1,312 | +36.6% |
| Profit (loss) for the period | 9904 | €3,581 | €4,893 | +€1,312 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,581 | €4,893 | +€1,312 | +36.6% |
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 28 October 2026 via checked.be.