SVEN CORLUY: 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.
SVEN CORLUY
Largest movements
- Stocks and contracts +€277,724
up €277,724 (+4272.7%), from €6,500 to €284,224
- Cash -€181,451
down €181,451 (-99.1%), from €183,039 to €1,588
mainly Stocks and contracts (-€277,724) and Investment in fixed assets (net) (-€69,741)
- Tangible fixed assets +€68,156
up €68,156 (+34.3%), from €198,450 to €266,606
of which Furniture and vehicles: +€34,680
- Current investments -€22,548
down €22,548 (-100.0%), from €22,548 to €0
- Other debts +€57,354
up €57,354 (+5623.0%), from €1,020 to €58,374
- Reserves +€43,790
up €43,790 (+17.4%), from €250,995 to €294,785
- Debts after one year +€34,837
up €34,837 (+27.5%), from €126,573 to €161,410
- Current portion of long-term debt +€11,533
up €11,533 (+162.2%), from €7,111 to €18,645
- Trade debts -€7,601
down €7,601 (-62.5%), from €12,164 to €4,563
- Gross operating margin +€13,475
up €13,475 (+30.2%), from €44,607 to €58,082
- Financial income +€8,460
up €8,460 (+2805.0%), from €302 to €8,762
- Depreciation -€3,809
down €3,809 (-70.6%), from €5,394 to €1,585
- Taxes +€3,291
up €3,291 (+29.1%), from €11,312 to €14,603
- Financial charges +€3,167
up €3,167 (+138.4%), from €2,288 to €5,454
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 | €418,208 | €559,269 | +€141,062 | +33.7% |
| Fixed assets | 21/28 | €198,450 | €266,606 | +€68,156 | +34.3% |
| Tangible fixed assets | 22/27 | €198,450 | €266,606 | +€68,156 | +34.3% |
| Land and buildings | 22 | €193,871 | €221,224 | +€27,353 | +14.1% |
| Plant, machinery and equipment | 23 | - | €6,124 | +€6,124 | |
| Furniture and vehicles | 24 | €4,578 | €39,258 | +€34,680 | +757.5% |
| Current assets | 29/58 | €219,758 | €292,663 | +€72,906 | +33.2% |
| Stocks and contracts in progress | 3 | €6,500 | €284,224 | +€277,724 | +4272.7% |
| Stocks | 30/36 | €6,500 | €284,224 | +€277,724 | +4272.7% |
| Amounts receivable within one year | 40/41 | €6,276 | €4,544 | -€1,732 | -27.6% |
| Trade receivables | 40 | €1,376 | €4,544 | +€3,168 | +230.2% |
| Other amounts receivable | 41 | €4,900 | €0 | -€4,900 | -100.0% |
| Current investments | 50/53 | €22,548 | €0 | -€22,548 | -100.0% |
| Cash at bank and in hand | 54/58 | €183,039 | €1,588 | -€181,451 | -99.1% |
| Deferred charges and accrued income | 490/1 | €1,396 | €2,307 | +€911 | +65.3% |
| Total equity and liabilities | 10/49 | €418,208 | €559,269 | +€141,062 | +33.7% |
| Equity | 10/15 | €263,395 | €307,185 | +€43,790 | +16.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €250,995 | €294,785 | +€43,790 | +17.4% |
| Distributable reserves | 133 | €250,995 | €294,785 | +€43,790 | +17.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €154,812 | €252,084 | +€97,272 | +62.8% |
| Amounts payable after more than one year | 17 | €126,573 | €161,410 | +€34,837 | +27.5% |
| Financial debts | 170/4 | €126,573 | €161,410 | +€34,837 | +27.5% |
| Amounts payable within one year | 42/48 | €28,240 | €90,674 | +€62,435 | +221.1% |
| Current portion of amounts payable after more than one year | 42 | €7,111 | €18,645 | +€11,533 | +162.2% |
| Trade debts | 44 | €12,164 | €4,563 | -€7,601 | -62.5% |
| Suppliers | 440/4 | €12,164 | €4,563 | -€7,601 | -62.5% |
| Taxes, remuneration and social security | 45 | €7,944 | €9,093 | +€1,149 | +14.5% |
| Taxes | 450/3 | €7,944 | €9,093 | +€1,149 | +14.5% |
| Other amounts payable | 47/48 | €1,020 | €58,374 | +€57,354 | +5623.0% |
| Non-recurring operating income | 76A | €165 | €37,827 | +€37,661 | +22785.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,394 | €1,585 | -€3,809 | -70.6% |
| Other operating charges | 640/8 | €2,604 | €1,412 | -€1,192 | -45.8% |
| Non-recurring operating charges | 66A | €110 | €0 | -€110 | -100.0% |
| Gross operating margin | 9900 | €44,607 | €58,082 | +€13,475 | +30.2% |
| Operating profit (loss) | 9901 | €36,499 | €55,085 | +€18,586 | +50.9% |
| Financial income | 75/76B | €302 | €8,762 | +€8,460 | +2805.0% |
| Recurring financial income | 75 | €302 | €8,762 | +€8,460 | +2805.0% |
| Financial charges | 65/66B | €2,288 | €5,454 | +€3,167 | +138.4% |
| Recurring financial charges | 65 | €2,288 | €5,454 | +€3,167 | +138.4% |
| Profit (loss) for the period before taxes | 9903 | €34,513 | €58,392 | +€23,880 | +69.2% |
| Income taxes | 67/77 | €11,312 | €14,603 | +€3,291 | +29.1% |
| Profit (loss) for the period | 9904 | €23,201 | €43,790 | +€20,589 | +88.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,201 | €43,790 | +€20,589 | +88.7% |
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 11 October 2026 via checked.be.