KOROSI: 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.
KOROSI
Largest movements
- Cash +€61,444
up €61,444 (+20.7%), from €297,254 to €358,699
mainly Trade debts (+€88,097) and Net result for the year (+€32,390)
- Receivables within one year +€55,644
up €55,644 (+86.3%), from €64,490 to €120,134
of which Trade receivables: +€106,578
- Trade debts +€88,097
up €88,097 (+2,408%), from €3,659 to €91,756
- Profit (loss) carried forward +€30,770
up €30,770 (+43.5%), from €70,808 to €101,578
- Other debts -€11,706
down €11,706 (-87.2%), from €13,425 to €1,719
- Gross operating margin +€4,993
up €4,993 (+11.6%), from €42,897 to €47,890
- Taxes -€3,398
down €3,398 (-17.5%), from €19,367 to €15,969
- Financial income -€2,742
down €2,742 (-100.0%), from €2,742 to €0
- Financial charges -€1,682
down €1,682, from €108 to -€1,574
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 | €687,755 | €803,758 | +€116,003 | +16.9% |
| Fixed assets | 21/28 | €324,774 | €323,669 | -€1,105 | -0.3% |
| Tangible fixed assets | 22/27 | €324,774 | €323,669 | -€1,105 | -0.3% |
| Land and buildings | 22 | €316,731 | €316,731 | = | 0.0% |
| Plant, machinery and equipment | 23 | €8,043 | €6,938 | -€1,105 | -13.7% |
| Current assets | 29/58 | €362,981 | €480,088 | +€117,108 | +32.3% |
| Amounts receivable within one year | 40/41 | €64,490 | €120,134 | +€55,644 | +86.3% |
| Trade receivables | 40 | €13,556 | €120,134 | +€106,578 | +786% |
| Other amounts receivable | 41 | €50,934 | - | -€50,934 | |
| Cash at bank and in hand | 54/58 | €297,254 | €358,699 | +€61,444 | +20.7% |
| Deferred charges and accrued income | 490/1 | €1,237 | €1,255 | +€19 | +1.5% |
| Total equity and liabilities | 10/49 | €687,755 | €803,758 | +€116,003 | +16.9% |
| Equity | 10/15 | €670,292 | €702,681 | +€32,390 | +4.8% |
| Contributions | 10/11 | €261,973 | €261,973 | = | 0.0% |
| Capital | 10 | €261,973 | €261,973 | = | 0.0% |
| Issued capital | 100 | €261,973 | €261,973 | = | 0.0% |
| Revaluation surpluses | 12 | €331,930 | €331,930 | = | 0.0% |
| Reserves | 13 | €5,580 | €7,200 | +€1,619 | +29.0% |
| Non-distributable reserves | 130/1 | €5,580 | €7,200 | +€1,619 | +29.0% |
| Legal reserve | 130 | €5,580 | €7,200 | +€1,619 | +29.0% |
| Profit (loss) carried forward | 14 | €70,808 | €101,578 | +€30,770 | +43.5% |
| Amounts payable | 17/49 | €17,463 | €101,077 | +€83,613 | +479% |
| Amounts payable within one year | 42/48 | €17,463 | €101,077 | +€83,613 | +479% |
| Trade debts | 44 | €3,659 | €91,756 | +€88,097 | +2,408% |
| Suppliers | 440/4 | €3,659 | €91,756 | +€88,097 | +2,408% |
| Taxes, remuneration and social security | 45 | €379 | €7,602 | +€7,222 | +1,904% |
| Taxes | 450/3 | €379 | €7,602 | +€7,222 | +1,904% |
| Other amounts payable | 47/48 | €13,425 | €1,719 | -€11,706 | -87.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,221 | €1,105 | -€116 | -9.5% |
| Gross operating margin | 9900 | €42,897 | €47,890 | +€4,993 | +11.6% |
| Operating profit (loss) | 9901 | €41,676 | €46,785 | +€5,109 | +12.3% |
| Financial income | 75/76B | €2,742 | €0 | -€2,742 | -100.0% |
| Recurring financial income | 75 | €2,742 | €0 | -€2,742 | -100.0% |
| Financial charges | 65/66B | €108 | -€1,574 | -€1,682 | |
| Recurring financial charges | 65 | €108 | -€1,574 | -€1,682 | |
| Profit (loss) for the period before taxes | 9903 | €44,309 | €48,359 | +€4,050 | +9.1% |
| Income taxes | 67/77 | €19,367 | €15,969 | -€3,398 | -17.5% |
| Profit (loss) for the period | 9904 | €24,942 | €32,390 | +€7,447 | +29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,942 | €32,390 | +€7,447 | +29.9% |
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.