Korora: what changed
Two fiscal 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.
Korora
Largest movements
- Cash +€37,772
up €37,772 (+411.0%), from €9,190 to €46,962
mainly Other debts (+€37,091) and Current investments (+€24,745)
- Current investments -€24,745
down €24,745 (-33.1%), from €74,745 to €50,000
- Receivables within one year -€7,923
down €7,923 (-25.3%), from €31,291 to €23,368
of which Other amounts receivable: -€7,923
- Tangible fixed assets -€7,418
down €7,418 (-4.1%), from €179,947 to €172,529
of which Land and buildings: -€7,156
- Receivables after one year -€4,754
down €4,754 (-50.6%), from €9,392 to €4,638
- Reserves -€43,116
down €43,116 (-16.6%), from €260,174 to €217,058
of which Distributable reserves: -€43,116
- Other debts +€37,091
up €37,091 (+161.9%), from €22,909 to €60,000
- Gross operating margin -€6,580
down €6,580 (-18.0%), from €36,480 to €29,900
- Financial income +€5,325
up €5,325 (+336.2%), from €1,584 to €6,908
- Financial charges -€1,651
down €1,651 (-80.3%), from €2,057 to €406
- Taxes -€1,208
down €1,208 (-14.7%), from €8,192 to €6,983
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 | €304,914 | €297,547 | -€7,367 | -2.4% |
| Fixed assets | 21/28 | €179,997 | €172,579 | -€7,418 | -4.1% |
| Tangible fixed assets | 22/27 | €179,947 | €172,529 | -€7,418 | -4.1% |
| Land and buildings | 22 | €172,379 | €165,222 | -€7,156 | -4.2% |
| Plant, machinery and equipment | 23 | €3,736 | €3,296 | -€440 | -11.8% |
| Furniture and vehicles | 24 | €3,833 | €4,011 | +€178 | +4.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €124,917 | €124,968 | +€51 | 0.0% |
| Amounts receivable after more than one year | 29 | €9,392 | €4,638 | -€4,754 | -50.6% |
| Other amounts receivable | 291 | €9,392 | €4,638 | -€4,754 | -50.6% |
| Amounts receivable within one year | 40/41 | €31,291 | €23,368 | -€7,923 | -25.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €31,291 | €23,368 | -€7,923 | -25.3% |
| Current investments | 50/53 | €74,745 | €50,000 | -€24,745 | -33.1% |
| Cash at bank and in hand | 54/58 | €9,190 | €46,962 | +€37,772 | +411.0% |
| Deferred charges and accrued income | 490/1 | €299 | €0 | -€299 | -100.0% |
| Total equity and liabilities | 10/49 | €304,914 | €297,547 | -€7,367 | -2.4% |
| Equity | 10/15 | €272,874 | €229,758 | -€43,116 | -15.8% |
| Contributions | 10/11 | €12,700 | €12,700 | = | 0.0% |
| Reserves | 13 | €260,174 | €217,058 | -€43,116 | -16.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €260,174 | €217,058 | -€43,116 | -16.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €32,040 | €67,789 | +€35,749 | +111.6% |
| Amounts payable within one year | 42/48 | €32,040 | €67,789 | +€35,749 | +111.6% |
| Trade debts | 44 | €849 | €806 | -€43 | -5.1% |
| Suppliers | 440/4 | €849 | €806 | -€43 | -5.1% |
| Taxes, remuneration and social security | 45 | €8,283 | €6,983 | -€1,299 | -15.7% |
| Taxes | 450/3 | €8,283 | €6,983 | -€1,299 | -15.7% |
| Other amounts payable | 47/48 | €22,909 | €60,000 | +€37,091 | +161.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,013 | €9,119 | +€106 | +1.2% |
| Other operating charges | 640/8 | €3,043 | €3,011 | -€32 | -1.1% |
| Non-recurring operating charges | 66A | €867 | €405 | -€462 | -53.3% |
| Gross operating margin | 9900 | €36,480 | €29,900 | -€6,580 | -18.0% |
| Operating profit (loss) | 9901 | €23,557 | €17,365 | -€6,193 | -26.3% |
| Financial income | 75/76B | €1,584 | €6,908 | +€5,325 | +336.2% |
| Recurring financial income | 75 | €1,584 | €6,908 | +€5,325 | +336.2% |
| Financial charges | 65/66B | €2,057 | €406 | -€1,651 | -80.3% |
| Recurring financial charges | 65 | €2,057 | €406 | -€1,651 | -80.3% |
| Profit (loss) for the period before taxes | 9903 | €23,084 | €23,867 | +€783 | +3.4% |
| Income taxes | 67/77 | €8,192 | €6,983 | -€1,208 | -14.7% |
| Profit (loss) for the period | 9904 | €14,893 | €16,884 | +€1,991 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,893 | €16,884 | +€1,991 | +13.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.