KORU FORM & FUNCTION: 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 FORM & FUNCTION"
Largest movements
- Receivables within one year -€1,634
down €1,634 (-25.2%), from €6,492 to €4,858
of which Trade receivables: -€1,634
- Cash -€1,168
down €1,168 (-15.6%), from €7,480 to €6,312
mainly Net result for the year (-€2,816)
- Profit (loss) carried forward -€2,816
down €2,816 (-51.6%), from €5,459 to €2,643
- Contributions +€1,860
up €1,860 (+30.0%), from €6,200 to €8,060
- Reserves -€1,860
no longer reported in 2025 (was €1,860)
- Gross operating margin -€1,794
down €1,794 (-417%), from -€430 to -€2,224
- Other operating charges +€25
up €25 (+6.4%), from €387 to €412
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 | €13,972 | €11,169 | -€2,803 | -20.1% |
| Current assets | 29/58 | €13,972 | €11,169 | -€2,803 | -20.1% |
| Amounts receivable within one year | 40/41 | €6,492 | €4,858 | -€1,634 | -25.2% |
| Trade receivables | 40 | €1,634 | - | -€1,634 | |
| Other amounts receivable | 41 | €4,858 | €4,858 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,480 | €6,312 | -€1,168 | -15.6% |
| Total equity and liabilities | 10/49 | €13,972 | €11,169 | -€2,803 | -20.1% |
| Equity | 10/15 | €13,519 | €10,703 | -€2,816 | -20.8% |
| Contributions | 10/11 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €5,459 | €2,643 | -€2,816 | -51.6% |
| Amounts payable | 17/49 | €453 | €467 | +€14 | +3.0% |
| Amounts payable within one year | 42/48 | €453 | €467 | +€14 | +3.0% |
| Trade debts | 44 | €453 | €467 | +€14 | +3.0% |
| Suppliers | 440/4 | €453 | €467 | +€14 | +3.0% |
| Non-recurring operating income | 76A | - | €1,920 | +€1,920 | |
| Other operating charges | 640/8 | €387 | €412 | +€25 | +6.4% |
| Gross operating margin | 9900 | -€430 | -€2,224 | -€1,794 | -417% |
| Operating profit (loss) | 9901 | -€818 | -€2,636 | -€1,819 | -222% |
| Financial charges | 65/66B | €180 | €180 | = | 0.0% |
| Recurring financial charges | 65 | €180 | €180 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€998 | -€2,816 | -€1,819 | -182% |
| Profit (loss) for the period | 9904 | -€998 | -€2,816 | -€1,819 | -182% |
| Profit (loss) for the period to be appropriated | 9905 | -€998 | -€2,816 | -€1,819 | -182% |
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 28 October 2026 via checked.be.