KORPO: 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.
KORPO
Largest movements
- Receivables within one year +€55,649
up €55,649 (+63.9%), from €87,109 to €142,758
of which Other amounts receivable: +€55,710
- Deferred charges and accrued income -€18,820
down €18,820 (-100%), from €18,820 to €0
- Financial fixed assets -€5,000
down €5,000 (-100%), from €5,000 to €0
- Cash +€3,915
up €3,915 (+479%), from €817 to €4,732
mainly Net result for the year (+€22,593) and Deferred charges and accrued income (+€18,820)
- Profit (loss) carried forward +€22,593
up €22,593 (+32.0%), from €70,598 to €93,191
- Tax, wage and social debts +€15,705
up €15,705 (+134%), from €11,707 to €27,412
- Trade debts -€3,974
down €3,974 (-16.7%), from €23,829 to €19,856
- Gross operating margin +€30,155
up €30,155 (+77.3%), from €38,993 to €69,148
- Taxes +€24,049
up €24,049 (+240%), from €10,016 to €34,065
- Financial charges +€8,397
up €8,397 (+1,978%), from €424 to €8,822
- Financial income -€4,367
down €4,367 (-99.9%), from €4,371 to €4
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 | €113,129 | €148,258 | +€35,129 | +31.1% |
| Fixed assets | 21/28 | €6,383 | €768 | -€5,615 | -88.0% |
| Tangible fixed assets | 22/27 | €1,383 | €768 | -€615 | -44.4% |
| Plant, machinery and equipment | 23 | €1,383 | €768 | -€615 | -44.4% |
| Financial fixed assets | 28 | €5,000 | €0 | -€5,000 | -100% |
| Current assets | 29/58 | €106,746 | €147,490 | +€40,744 | +38.2% |
| Amounts receivable within one year | 40/41 | €87,109 | €142,758 | +€55,649 | +63.9% |
| Trade receivables | 40 | €800 | €739 | -€61 | -7.6% |
| Other amounts receivable | 41 | €86,309 | €142,019 | +€55,710 | +64.5% |
| Cash at bank and in hand | 54/58 | €817 | €4,732 | +€3,915 | +479% |
| Deferred charges and accrued income | 490/1 | €18,820 | €0 | -€18,820 | -100% |
| Total equity and liabilities | 10/49 | €113,129 | €148,258 | +€35,129 | +31.1% |
| Equity | 10/15 | €76,798 | €99,391 | +€22,593 | +29.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,598 | €93,191 | +€22,593 | +32.0% |
| Amounts payable | 17/49 | €36,331 | €48,868 | +€12,537 | +34.5% |
| Amounts payable within one year | 42/48 | €36,331 | €48,868 | +€12,537 | +34.5% |
| Financial debts | 43 | €795 | €1,600 | +€806 | +101% |
| Credit institutions | 430/8 | €795 | €1,600 | +€806 | +101% |
| Trade debts | 44 | €23,829 | €19,856 | -€3,974 | -16.7% |
| Suppliers | 440/4 | €23,829 | €19,856 | -€3,974 | -16.7% |
| Taxes, remuneration and social security | 45 | €11,707 | €27,412 | +€15,705 | +134% |
| Taxes | 450/3 | €11,707 | €27,412 | +€15,705 | +134% |
| Non-recurring operating income | 76A | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €814 | €615 | -€200 | -24.5% |
| Other operating charges | 640/8 | €2,569 | €3,058 | +€489 | +19.1% |
| Gross operating margin | 9900 | €38,993 | €69,148 | +€30,155 | +77.3% |
| Operating profit (loss) | 9901 | €35,610 | €65,475 | +€29,865 | +83.9% |
| Financial income | 75/76B | €4,371 | €4 | -€4,367 | -99.9% |
| Recurring financial income | 75 | €4,371 | €4 | -€4,367 | -99.9% |
| Financial charges | 65/66B | €424 | €8,822 | +€8,397 | +1,978% |
| Recurring financial charges | 65 | €424 | €8,822 | +€8,397 | +1,978% |
| Profit (loss) for the period before taxes | 9903 | €39,557 | €56,658 | +€17,101 | +43.2% |
| Income taxes | 67/77 | €10,016 | €34,065 | +€24,049 | +240% |
| Profit (loss) for the period | 9904 | €29,540 | €22,593 | -€6,947 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,540 | €22,593 | -€6,947 | -23.5% |
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 26 October 2026 via checked.be.