KORYS MANAGEMENT: 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.
KORYS MANAGEMENT
Largest movements
- Receivables within one year -€84,600
down €84,600 (-37.3%), from €226,854 to €142,254
of which Other amounts receivable: -€115,100
- Deferred charges and accrued income +€6,250
up €6,250 (+41.7%), from €15,000 to €21,250
- Tax, wage and social debts -€83,201
down €83,201 (-87.3%), from €95,326 to €12,125
- Accrued charges and deferred income +€6,250
up €6,250 (+41.7%), from €15,000 to €21,250
- Profit (loss) carried forward -€3,306
down €3,306 (-11.5%), from -€28,690 to -€31,995
- Gross operating margin -€2,809
down €2,809 (-77.3%), from -€3,635 to -€6,444
- Financial income -€315
down €315 (-7.2%), from €4,391 to €4,076
- Financial charges +€200
up €200 (+57.0%), from €351 to €551
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €241,854 | €163,504 | -€78,350 | -32.4% |
| Current assets | 29/58 | €241,854 | €163,504 | -€78,350 | -32.4% |
| Amounts receivable within one year | 40/41 | €226,854 | €142,254 | -€84,600 | -37.3% |
| Trade receivables | 40 | €83,155 | €113,655 | +€30,500 | +36.7% |
| Other amounts receivable | 41 | €143,699 | €28,599 | -€115,100 | -80.1% |
| Deferred charges and accrued income | 490/1 | €15,000 | €21,250 | +€6,250 | +41.7% |
| Total equity and liabilities | 10/49 | €241,854 | €163,504 | -€78,350 | -32.4% |
| Equity | 10/15 | €81,310 | €78,005 | -€3,306 | -4.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,690 | -€31,995 | -€3,306 | -11.5% |
| Amounts payable | 17/49 | €160,544 | €85,500 | -€75,044 | -46.7% |
| Amounts payable within one year | 42/48 | €145,544 | €64,250 | -€81,294 | -55.9% |
| Trade debts | 44 | €50,219 | €52,125 | +€1,906 | +3.8% |
| Suppliers | 440/4 | €50,219 | €52,125 | +€1,906 | +3.8% |
| Taxes, remuneration and social security | 45 | €95,326 | €12,125 | -€83,201 | -87.3% |
| Taxes | 450/3 | €95,326 | €12,125 | -€83,201 | -87.3% |
| Accrued charges and deferred income | 492/3 | €15,000 | €21,250 | +€6,250 | +41.7% |
| Other operating charges | 640/8 | €422 | €387 | -€34 | -8.1% |
| Gross operating margin | 9900 | -€3,635 | -€6,444 | -€2,809 | -77.3% |
| Operating profit (loss) | 9901 | -€4,056 | -€6,831 | -€2,774 | -68.4% |
| Financial income | 75/76B | €4,391 | €4,076 | -€315 | -7.2% |
| Recurring financial income | 75 | €4,391 | €4,076 | -€315 | -7.2% |
| Financial charges | 65/66B | €351 | €551 | +€200 | +57.0% |
| Recurring financial charges | 65 | €351 | €551 | +€200 | +57.0% |
| Profit (loss) for the period before taxes | 9903 | -€17 | -€3,306 | -€3,289 | -19,825% |
| Profit (loss) for the period | 9904 | -€17 | -€3,306 | -€3,289 | -19,825% |
| Profit (loss) for the period to be appropriated | 9905 | -€17 | -€3,306 | -€3,289 | -19,825% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.