KORU CONSULTING: 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.
KORU CONSULTING
Largest movements
- Cash +€37,746
up €37,746 (+49.9%), from €75,678 to €113,424
mainly Net result for the year (+€56,437) and Short-term financial debts (+€8,114)
- Receivables within one year +€36,777
up €36,777 (+141.7%), from €25,951 to €62,728
of which Other amounts receivable: +€23,226
- Current investments -€4,111
down €4,111 (-2.9%), from €140,000 to €135,889
- Reserves +€56,437
up €56,437 (+35.8%), from €157,498 to €213,935
- Short-term financial debts +€8,114
new in 2025: €8,114
- Trade debts +€3,689
up €3,689 (+636.9%), from €579 to €4,268
- Financial income +€3,543
up €3,543 (+214.2%), from €1,654 to €5,197
- Financial charges +€3,259
up €3,259 (+91.6%), from €3,556 to €6,815
- Depreciation -€859
down €859 (-32.4%), from €2,654 to €1,795
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 | €246,825 | €315,486 | +€68,660 | +27.8% |
| Fixed assets | 21/28 | €4,530 | €2,735 | -€1,795 | -39.6% |
| Tangible fixed assets | 22/27 | €4,530 | €2,735 | -€1,795 | -39.6% |
| Plant, machinery and equipment | 23 | €2,287 | €2,018 | -€269 | -11.8% |
| Furniture and vehicles | 24 | €326 | - | -€326 | |
| Other tangible fixed assets | 26 | €1,917 | €717 | -€1,200 | -62.6% |
| Current assets | 29/58 | €242,295 | €312,751 | +€70,455 | +29.1% |
| Amounts receivable within one year | 40/41 | €25,951 | €62,728 | +€36,777 | +141.7% |
| Trade receivables | 40 | €22,649 | €36,200 | +€13,552 | +59.8% |
| Other amounts receivable | 41 | €3,302 | €26,528 | +€23,226 | +703.3% |
| Current investments | 50/53 | €140,000 | €135,889 | -€4,111 | -2.9% |
| Cash at bank and in hand | 54/58 | €75,678 | €113,424 | +€37,746 | +49.9% |
| Deferred charges and accrued income | 490/1 | €666 | €709 | +€42 | +6.4% |
| Total equity and liabilities | 10/49 | €246,825 | €315,486 | +€68,660 | +27.8% |
| Equity | 10/15 | €176,098 | €232,535 | +€56,437 | +32.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €157,498 | €213,935 | +€56,437 | +35.8% |
| Distributable reserves | 133 | €157,498 | €213,935 | +€56,437 | +35.8% |
| Amounts payable | 17/49 | €70,727 | €82,950 | +€12,223 | +17.3% |
| Amounts payable within one year | 42/48 | €70,727 | €82,950 | +€12,223 | +17.3% |
| Financial debts | 43 | - | €8,114 | +€8,114 | |
| Other loans | 439 | - | €8,114 | +€8,114 | |
| Trade debts | 44 | €579 | €4,268 | +€3,689 | +636.9% |
| Suppliers | 440/4 | €579 | €4,268 | +€3,689 | +636.9% |
| Taxes, remuneration and social security | 45 | €10,016 | €7,575 | -€2,441 | -24.4% |
| Taxes | 450/3 | €10,016 | €7,575 | -€2,441 | -24.4% |
| Other amounts payable | 47/48 | €60,131 | €62,993 | +€2,861 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,654 | €1,795 | -€859 | -32.4% |
| Other operating charges | 640/8 | €1,947 | €1,729 | -€219 | -11.2% |
| Gross operating margin | 9900 | €77,091 | €76,356 | -€736 | -1.0% |
| Operating profit (loss) | 9901 | €72,490 | €72,832 | +€342 | +0.5% |
| Financial income | 75/76B | €1,654 | €5,197 | +€3,543 | +214.2% |
| Recurring financial income | 75 | €1,654 | €5,197 | +€3,543 | +214.2% |
| Financial charges | 65/66B | €3,556 | €6,815 | +€3,259 | +91.6% |
| Recurring financial charges | 65 | €3,556 | €6,815 | +€3,259 | +91.6% |
| Profit (loss) for the period before taxes | 9903 | €70,587 | €71,214 | +€627 | +0.9% |
| Income taxes | 67/77 | €14,698 | €14,777 | +€80 | +0.5% |
| Profit (loss) for the period | 9904 | €55,890 | €56,437 | +€547 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,890 | €56,437 | +€547 | +1.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.