KORITTNIG EVENTS: what changed
KORITTNIG EVENTS
Largest movements
- Cash -€75,727
down €75,727 (-12.9%), from €585,587 to €509,860
mainly Tax, wage and social debts (-€140,667) and Investment in fixed assets (net) (-€15,231)
- Tangible fixed assets +€7,167
up €7,167 (+40.3%), from €17,788 to €24,955
of which Furniture and vehicles: +€5,515
- Tax, wage and social debts -€140,667
down €140,667 (-67.4%), from €208,609 to €67,941
of which Taxes: -€131,262
- Reserves +€51,031
up €51,031 (+11.5%), from €445,114 to €496,145
- Trade debts +€28,511
up €28,511 (+492%), from €5,792 to €34,302
- Purchases and services -€843,344
no longer reported in 2025 (was €843,344)
- Gross operating margin -€88,198
down €88,198 (-52.4%), from €168,435 to €80,237
- Taxes -€28,799
down €28,799 (-59.5%), from €48,370 to €19,571
- Depreciation +€6,330
up €6,330 (+365%), from €1,733 to €8,064
- Other operating charges +€1,783
up €1,783 (+423%), from €421 to €2,204
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €667,446 | €604,889 | -€62,558 | -9.4% |
| Fixed assets | 21/28 | €17,788 | €24,955 | +€7,167 | +40.3% |
| Tangible fixed assets | 22/27 | €17,788 | €24,955 | +€7,167 | +40.3% |
| Plant, machinery and equipment | 23 | €17,788 | €19,440 | +€1,652 | +9.3% |
| Furniture and vehicles | 24 | - | €5,515 | +€5,515 | |
| Current assets | 29/58 | €649,658 | €579,933 | -€69,725 | -10.7% |
| Amounts receivable within one year | 40/41 | €63,374 | €68,502 | +€5,127 | +8.1% |
| Trade receivables | 40 | €53,504 | €15,405 | -€38,099 | -71.2% |
| Other amounts receivable | 41 | €9,870 | €53,097 | +€43,227 | +438% |
| Cash at bank and in hand | 54/58 | €585,587 | €509,860 | -€75,727 | -12.9% |
| Deferred charges and accrued income | 490/1 | €697 | €1,572 | +€875 | +125% |
| Total equity and liabilities | 10/49 | €667,446 | €604,889 | -€62,558 | -9.4% |
| Equity | 10/15 | €451,614 | €502,645 | +€51,031 | +11.3% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €445,114 | €496,145 | +€51,031 | +11.5% |
| Distributable reserves | 133 | €445,114 | €496,145 | +€51,031 | +11.5% |
| Amounts payable | 17/49 | €215,833 | €102,244 | -€113,589 | -52.6% |
| Amounts payable within one year | 42/48 | €214,401 | €102,244 | -€112,157 | -52.3% |
| Trade debts | 44 | €5,792 | €34,302 | +€28,511 | +492% |
| Suppliers | 440/4 | €5,792 | €34,302 | +€28,511 | +492% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €208,609 | €67,941 | -€140,667 | -67.4% |
| Taxes | 450/3 | €199,204 | €67,941 | -€131,262 | -65.9% |
| Remuneration and social security | 454/9 | €9,405 | - | -€9,405 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,432 | - | -€1,432 | |
| Goods, raw materials, services and sundry goods | 60/61 | €843,344 | - | -€843,344 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,733 | €8,064 | +€6,330 | +365% |
| Other operating charges | 640/8 | €421 | €2,204 | +€1,783 | +423% |
| Gross operating margin | 9900 | €168,435 | €80,237 | -€88,198 | -52.4% |
| Operating profit (loss) | 9901 | €166,280 | €69,969 | -€96,311 | -57.9% |
| Financial income | 75/76B | €301 | €1,833 | +€1,532 | +510% |
| Recurring financial income | 75 | €301 | €1,833 | +€1,532 | +510% |
| Financial charges | 65/66B | €2,369 | €1,200 | -€1,170 | -49.4% |
| Recurring financial charges | 65 | €2,369 | €1,200 | -€1,170 | -49.4% |
| Profit (loss) for the period before taxes | 9903 | €164,212 | €70,603 | -€93,609 | -57.0% |
| Income taxes | 67/77 | €48,370 | €19,571 | -€28,799 | -59.5% |
| Profit (loss) for the period | 9904 | €115,842 | €51,031 | -€64,811 | -55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €115,842 | €51,031 | -€64,811 | -55.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.