La Corderie: 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.
La Corderie
Largest movements
- Tangible fixed assets -€35,727
down €35,727 (-10.0%), from €355,866 to €320,139
of which Land and buildings: -€31,699
- Cash -€16,497
down €16,497 (-19.6%), from €84,015 to €67,518
mainly Net result for the year (-€23,272) and Debts after one year (-€17,095)
- Profit (loss) carried forward -€23,272
down €23,272 (-10.6%), from -€220,166 to -€243,438
- Debts after one year -€17,095
down €17,095 (-7.9%), from €215,724 to €198,629
of which Financial debts: -€17,095
- Accrued charges and deferred income -€10,858
down €10,858 (-63.7%), from €17,043 to €6,184
- Gross operating margin +€9,714
up €9,714 (+88.7%), from €10,946 to €20,659
- Depreciation -€1,074
down €1,074 (-2.9%), from €36,801 to €35,727
- Financial charges -€584
down €584 (-11.5%), from €5,097 to €4,513
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 | €441,861 | €390,619 | -€51,242 | -11.6% |
| Fixed assets | 21/28 | €355,966 | €320,239 | -€35,727 | -10.0% |
| Tangible fixed assets | 22/27 | €355,866 | €320,139 | -€35,727 | -10.0% |
| Land and buildings | 22 | €340,218 | €308,520 | -€31,699 | -9.3% |
| Plant, machinery and equipment | 23 | €636 | €486 | -€149 | -23.5% |
| Furniture and vehicles | 24 | €15,012 | €11,133 | -€3,879 | -25.8% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €85,895 | €70,380 | -€15,515 | -18.1% |
| Amounts receivable within one year | 40/41 | €698 | €1,978 | +€1,280 | +183% |
| Trade receivables | 40 | €130 | €1,978 | +€1,848 | +1,417% |
| Other amounts receivable | 41 | €568 | €0 | -€568 | -100% |
| Cash at bank and in hand | 54/58 | €84,015 | €67,518 | -€16,497 | -19.6% |
| Deferred charges and accrued income | 490/1 | €1,182 | €884 | -€297 | -25.2% |
| Total equity and liabilities | 10/49 | €441,861 | €390,619 | -€51,242 | -11.6% |
| Equity | 10/15 | €179,834 | €156,562 | -€23,272 | -12.9% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€220,166 | -€243,438 | -€23,272 | -10.6% |
| Amounts payable | 17/49 | €262,027 | €234,057 | -€27,970 | -10.7% |
| Amounts payable after more than one year | 17 | €215,724 | €198,629 | -€17,095 | -7.9% |
| Financial debts | 170/4 | €195,324 | €178,229 | -€17,095 | -8.8% |
| Other amounts payable | 178/9 | €20,400 | €20,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €29,260 | €29,243 | -€16 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €16,769 | €17,095 | +€327 | +1.9% |
| Trade debts | 44 | €5,026 | €5,675 | +€650 | +12.9% |
| Suppliers | 440/4 | €5,026 | €5,675 | +€650 | +12.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,300 | €1,594 | +€294 | +22.6% |
| Taxes | 450/3 | - | €294 | +€294 | |
| Remuneration and social security | 454/9 | €1,300 | €1,300 | = | 0.0% |
| Other amounts payable | 47/48 | €6,165 | €4,879 | -€1,286 | -20.9% |
| Accrued charges and deferred income | 492/3 | €17,043 | €6,184 | -€10,858 | -63.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,801 | €35,727 | -€1,074 | -2.9% |
| Other operating charges | 640/8 | €3,539 | €3,698 | +€159 | +4.5% |
| Gross operating margin | 9900 | €10,946 | €20,659 | +€9,714 | +88.7% |
| Operating profit (loss) | 9901 | -€29,394 | -€18,765 | +€10,628 | +36.2% |
| Financial income | 75/76B | €0 | €7 | +€7 | +32,500% |
| Recurring financial income | 75 | €0 | €7 | +€7 | +32,500% |
| Financial charges | 65/66B | €5,097 | €4,513 | -€584 | -11.5% |
| Recurring financial charges | 65 | €5,097 | €4,513 | -€584 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | -€34,491 | -€23,272 | +€11,219 | +32.5% |
| Profit (loss) for the period | 9904 | -€34,491 | -€23,272 | +€11,219 | +32.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,491 | -€23,272 | +€11,219 | +32.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.