KOROLI: 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.
KOROLI
Largest movements
- Receivables after one year -€44,300
down €44,300 (-28.8%), from €153,850 to €109,550
- Receivables within one year +€27,888
up €27,888 (+184%), from €15,181 to €43,069
of which Trade receivables: +€20,500
- Cash -€7,354
down €7,354 (-26.6%), from €27,668 to €20,314
mainly Contributions, distributions and other (-€50,000) and Receivables within one year (-€27,888)
- Profit (loss) carried forward -€18,699
down €18,699 (-12.2%), from €153,548 to €134,849
- Trade debts -€4,471
down €4,471 (-40.8%), from €10,948 to €6,478
- Tax, wage and social debts +€4,063
up €4,063 (+26.4%), from €15,361 to €19,424
- Other debts -€2,707
down €2,707 (-28.4%), from €9,545 to €6,838
- Gross operating margin -€33,623
down €33,623 (-36.0%), from €93,520 to €59,897
- Other operating charges -€7,278
down €7,278 (-52.7%), from €13,820 to €6,542
- Financial charges +€5,157
up €5,157 (+174%), from €2,962 to €8,118
- Taxes -€5,010
down €5,010 (-24.2%), from €20,686 to €15,676
- Depreciation -€939
down €939 (-20.6%), from €4,552 to €3,612
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 | €207,400 | €185,537 | -€21,862 | -10.5% |
| Fixed assets | 21/28 | €8,377 | €10,240 | +€1,863 | +22.2% |
| Tangible fixed assets | 22/27 | €8,377 | €10,240 | +€1,863 | +22.2% |
| Land and buildings | 22 | - | €3,821 | +€3,821 | |
| Furniture and vehicles | 24 | €8,377 | €5,326 | -€3,051 | -36.4% |
| Leasing and similar rights | 25 | - | €1,093 | +€1,093 | |
| Current assets | 29/58 | €199,023 | €175,298 | -€23,725 | -11.9% |
| Amounts receivable after more than one year | 29 | €153,850 | €109,550 | -€44,300 | -28.8% |
| Other amounts receivable | 291 | €153,850 | €109,550 | -€44,300 | -28.8% |
| Stocks and contracts in progress | 3 | €2,323 | €2,364 | +€41 | +1.8% |
| Stocks | 30/36 | €2,323 | €2,364 | +€41 | +1.8% |
| Amounts receivable within one year | 40/41 | €15,181 | €43,069 | +€27,888 | +184% |
| Trade receivables | 40 | - | €20,500 | +€20,500 | |
| Other amounts receivable | 41 | €15,181 | €22,569 | +€7,388 | +48.7% |
| Cash at bank and in hand | 54/58 | €27,668 | €20,314 | -€7,354 | -26.6% |
| Total equity and liabilities | 10/49 | €207,400 | €185,537 | -€21,862 | -10.5% |
| Equity | 10/15 | €161,608 | €142,909 | -€18,699 | -11.6% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,548 | €134,849 | -€18,699 | -12.2% |
| Amounts payable | 17/49 | €45,791 | €42,628 | -€3,163 | -6.9% |
| Amounts payable within one year | 42/48 | €45,791 | €42,628 | -€3,163 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €9,937 | €9,889 | -€48 | -0.5% |
| Trade debts | 44 | €10,948 | €6,478 | -€4,471 | -40.8% |
| Suppliers | 440/4 | €10,948 | €6,478 | -€4,471 | -40.8% |
| Taxes, remuneration and social security | 45 | €15,361 | €19,424 | +€4,063 | +26.4% |
| Taxes | 450/3 | €15,361 | €19,424 | +€4,063 | +26.4% |
| Other amounts payable | 47/48 | €9,545 | €6,838 | -€2,707 | -28.4% |
| Non-recurring operating income | 76A | - | €443 | +€443 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,552 | €3,612 | -€939 | -20.6% |
| Other operating charges | 640/8 | €13,820 | €6,542 | -€7,278 | -52.7% |
| Gross operating margin | 9900 | €93,520 | €59,897 | -€33,623 | -36.0% |
| Operating profit (loss) | 9901 | €75,148 | €49,743 | -€25,405 | -33.8% |
| Financial income | 75/76B | €5,151 | €5,352 | +€201 | +3.9% |
| Recurring financial income | 75 | €5,151 | €5,352 | +€201 | +3.9% |
| Financial charges | 65/66B | €2,962 | €8,118 | +€5,157 | +174% |
| Recurring financial charges | 65 | €2,962 | €8,118 | +€5,157 | +174% |
| Profit (loss) for the period before taxes | 9903 | €77,338 | €46,977 | -€30,361 | -39.3% |
| Income taxes | 67/77 | €20,686 | €15,676 | -€5,010 | -24.2% |
| Profit (loss) for the period | 9904 | €56,652 | €31,301 | -€25,351 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €56,652 | €31,301 | -€25,351 | -44.7% |
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 14 October 2026 via checked.be.