Shopping Cora Messancy: what changed
What changed
Shopping Cora Messancy
NACE 81.100, Combined facilities support activities
filed annual accounts (NBB)
Net result for the year
€121,109
2024 · €1.3m-€1.2m
Equity
€5.3m
2024 · €5.2m+€121,109
Cash
€476,931
2024 · €715,050-€238,120
Balance sheet total
€28.3m
2024 · €7.2m+€21.2m
Largest movements
Assets
- Tangible fixed assets +€18.7m
up €18.7m (+983%), from €1.9m to €20.6m
of which Land and buildings: +€15.7m
- Receivables within one year +€3.2m
up €3.2m (+80.8%), from €3.9m to €7.1m
of which Other amounts receivable: +€3.5m
- Current investments -€610,000
no longer reported in 2025 (was €610,000)
Equity and liabilities
- Debts after one year +€18.0m
up €18.0m (+103,188%), from €17,425 to €18.0m
of which Financial debts: +€18.0m
- Trade debts +€1.6m
up €1.6m (+181%), from €862,424 to €2.4m
- Other debts +€1.5m
new in 2025: €1.5m
Income statement
- Depreciation +€1.0m
up €1.0m (+262%), from €384,317 to €1.4m
- Gross operating margin -€414,551
down €414,551 (-16.5%), from €2.5m to €2.1m
- Taxes -€412,391
down €412,391 (-87.6%), from €470,538 to €58,146
- Financial charges +€286,804
up €286,804 (+5,827%), from €4,922 to €291,726
- Write-downs -€201,150
down €201,150, from €118,400 to -€82,750
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.3m
Gross operating margin
-€414,551
Depreciation
-€1.0m
Write-downs
+€201,150
Other operating charges
-€200,866
Financial income
+€124,114
Financial charges
-€286,804
Taxes
+€412,391
Result 2025
€121,109
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.1m
Investment
-€19.4m
Financing
+€18.1m
Cash 2024
€715,050
From operations (derived)
+€1.1m
Net result for the year
+€121,109
Depreciation
+€1.4m
Receivables within one year
-€3.2m
Deferred charges and accrued income
-€166,069
Trade debts
+€1.6m
Tax, wage and social debts
-€265,869
Other debts
+€1.5m
Accrued charges and deferred income
+€94,213
Investment (derived)
-€19.4m
Investment in fixed assets (net)
-€20.1m
Current investments
+€610,000
Financing
+€18.1m
Debts after one year
+€18.0m
Current portion of long-term debt
+€163,661
Cash 2025
€476,931
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,160,239 | €28,316,593 | +€21.2m | +295% |
| Fixed assets | 21/28 | €1,898,665 | €20,561,298 | +€18.7m | +983% |
| Intangible fixed assets | 21 | €467 | - | -€467 | |
| Tangible fixed assets | 22/27 | €1,898,198 | €20,561,298 | +€18.7m | +983% |
| Land and buildings | 22 | €1,746,565 | €17,447,636 | +€15.7m | +899% |
| Plant, machinery and equipment | 23 | €27,335 | €31,559 | +€4,224 | +15.5% |
| Furniture and vehicles | 24 | €16,317 | - | -€16,317 | |
| Assets under construction and advance payments | 27 | €107,980 | €3,082,103 | +€3.0m | +2,754% |
| Current assets | 29/58 | €5,261,574 | €7,755,295 | +€2.5m | +47.4% |
| Amounts receivable within one year | 40/41 | €3,932,192 | €7,107,964 | +€3.2m | +80.8% |
| Trade receivables | 40 | €740,861 | €438,170 | -€302,691 | -40.9% |
| Other amounts receivable | 41 | €3,191,331 | €6,669,795 | +€3.5m | +109% |
| Current investments | 50/53 | €610,000 | - | -€610,000 | |
| Cash at bank and in hand | 54/58 | €715,050 | €476,931 | -€238,120 | -33.3% |
| Deferred charges and accrued income | 490/1 | €4,331 | €170,400 | +€166,069 | +3,834% |
| Total equity and liabilities | 10/49 | €7,160,239 | €28,316,593 | +€21.2m | +295% |
| Equity | 10/15 | €5,164,439 | €5,285,548 | +€121,109 | +2.3% |
| Contributions | 10/11 | €601,183 | €601,183 | = | 0.0% |
| Capital | 10 | €601,183 | €601,183 | = | 0.0% |
| Issued capital | 100 | €601,183 | €601,183 | = | 0.0% |
| Reserves | 13 | €470,570 | €470,570 | = | 0.0% |
| Non-distributable reserves | 130/1 | €60,118 | €60,118 | = | 0.0% |
| Legal reserve | 130 | €60,118 | €60,118 | = | 0.0% |
| Tax-exempt reserves | 132 | €94,702 | €94,702 | = | 0.0% |
| Distributable reserves | 133 | €315,750 | €315,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,092,687 | €4,213,795 | +€121,109 | +3.0% |
| Amounts payable | 17/49 | €1,995,800 | €23,031,045 | +€21.0m | +1,054% |
| Amounts payable after more than one year | 17 | €17,425 | €17,997,366 | +€18.0m | +103,188% |
| Financial debts | 170/4 | - | €17,986,690 | +€18.0m | |
| Other amounts payable | 178/9 | €17,425 | €10,676 | -€6,749 | -38.7% |
| Amounts payable within one year | 42/48 | €1,788,119 | €4,749,210 | +€3.0m | +166% |
| Current portion of amounts payable after more than one year | 42 | - | €163,661 | +€163,661 | |
| Trade debts | 44 | €862,424 | €2,425,723 | +€1.6m | +181% |
| Suppliers | 440/4 | €862,424 | €2,425,723 | +€1.6m | +181% |
| Taxes, remuneration and social security | 45 | €925,695 | €659,827 | -€265,869 | -28.7% |
| Taxes | 450/3 | €925,695 | €659,827 | -€265,869 | -28.7% |
| Other amounts payable | 47/48 | - | €1,500,000 | +€1.5m | |
| Accrued charges and deferred income | 492/3 | €190,257 | €284,469 | +€94,213 | +49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €384,317 | €1,392,675 | +€1.0m | +262% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €118,400 | -€82,750 | -€201,150 | |
| Other operating charges | 640/8 | €291,287 | €492,152 | +€200,866 | +69.0% |
| Gross operating margin | 9900 | €2,507,421 | €2,092,870 | -€414,551 | -16.5% |
| Operating profit (loss) | 9901 | €1,713,418 | €290,793 | -€1.4m | -83.0% |
| Financial income | 75/76B | €56,074 | €180,188 | +€124,114 | +221% |
| Recurring financial income | 75 | €56,074 | €180,188 | +€124,114 | +221% |
| Financial charges | 65/66B | €4,922 | €291,726 | +€286,804 | +5,827% |
| Recurring financial charges | 65 | €4,922 | €291,726 | +€286,804 | +5,827% |
| Profit (loss) for the period before taxes | 9903 | €1,764,569 | €179,255 | -€1.6m | -89.8% |
| Income taxes | 67/77 | €470,538 | €58,146 | -€412,391 | -87.6% |
| Profit (loss) for the period | 9904 | €1,294,032 | €121,109 | -€1.2m | -90.6% |
| Transfer from tax-exempt reserves | 789 | €315,750 | - | -€315,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,609,782 | €121,109 | -€1.5m | -92.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.