CORYDON: 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.
CORYDON
Largest movements
- Tangible fixed assets -€21,383
down €21,383 (-4.0%), from €539,746 to €518,364
of which Land and buildings: -€17,668
- Cash +€11,925
up €11,925 (+21.1%), from €56,435 to €68,360
mainly Net result for the year (+€36,205) and Depreciation (+€23,124)
- Receivables within one year -€6,366
down €6,366 (-35.1%), from €18,161 to €11,795
of which Trade receivables: -€6,945
- Debts after one year -€32,908
down €32,908 (-15.4%), from €213,272 to €180,364
- Profit (loss) carried forward +€26,205
up €26,205 (+10.5%), from €248,486 to €274,691
- Tax, wage and social debts -€12,917
down €12,917 (-47.5%), from €27,220 to €14,303
- Reserves +€10,000
up €10,000 (+19.3%), from €51,859 to €61,859
- Current portion of long-term debt -€8,108
down €8,108 (-24.0%), from €33,848 to €25,740
- Gross operating margin -€5,828
down €5,828 (-6.8%), from €85,379 to €79,551
- Financial charges -€1,650
down €1,650 (-31.0%), from €5,322 to €3,672
- Other operating charges -€1,186
down €1,186 (-23.0%), from €5,169 to €3,982
- Taxes -€1,073
down €1,073 (-7.8%), from €13,814 to €12,741
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 | €617,298 | €598,519 | -€18,779 | -3.0% |
| Fixed assets | 21/28 | €539,746 | €518,364 | -€21,383 | -4.0% |
| Tangible fixed assets | 22/27 | €539,746 | €518,364 | -€21,383 | -4.0% |
| Land and buildings | 22 | €525,064 | €507,397 | -€17,668 | -3.4% |
| Plant, machinery and equipment | 23 | €1,998 | €1,205 | -€793 | -39.7% |
| Furniture and vehicles | 24 | €11,196 | €8,513 | -€2,684 | -24.0% |
| Other tangible fixed assets | 26 | €1,488 | €1,250 | -€238 | -16.0% |
| Current assets | 29/58 | €77,552 | €80,155 | +€2,603 | +3.4% |
| Amounts receivable within one year | 40/41 | €18,161 | €11,795 | -€6,366 | -35.1% |
| Trade receivables | 40 | €18,161 | €11,216 | -€6,945 | -38.2% |
| Other amounts receivable | 41 | - | €579 | +€579 | |
| Cash at bank and in hand | 54/58 | €56,435 | €68,360 | +€11,925 | +21.1% |
| Deferred charges and accrued income | 490/1 | €2,956 | - | -€2,956 | |
| Total equity and liabilities | 10/49 | €617,298 | €598,519 | -€18,779 | -3.0% |
| Equity | 10/15 | €337,163 | €373,369 | +€36,205 | +10.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €18,226 | €18,226 | = | 0.0% |
| Reserves | 13 | €51,859 | €61,859 | +€10,000 | +19.3% |
| Distributable reserves | 133 | €51,859 | €61,859 | +€10,000 | +19.3% |
| Profit (loss) carried forward | 14 | €248,486 | €274,691 | +€26,205 | +10.5% |
| Amounts payable | 17/49 | €280,135 | €225,150 | -€54,985 | -19.6% |
| Amounts payable after more than one year | 17 | €213,272 | €180,364 | -€32,908 | -15.4% |
| Financial debts | 170/4 | €213,272 | €180,364 | -€32,908 | -15.4% |
| Amounts payable within one year | 42/48 | €63,703 | €43,294 | -€20,409 | -32.0% |
| Current portion of amounts payable after more than one year | 42 | €33,848 | €25,740 | -€8,108 | -24.0% |
| Trade debts | 44 | €612 | €1,516 | +€905 | +148% |
| Suppliers | 440/4 | €612 | €1,516 | +€905 | +148% |
| Taxes, remuneration and social security | 45 | €27,220 | €14,303 | -€12,917 | -47.5% |
| Taxes | 450/3 | €27,220 | €14,303 | -€12,917 | -47.5% |
| Other amounts payable | 47/48 | €2,023 | €1,734 | -€289 | -14.3% |
| Accrued charges and deferred income | 492/3 | €3,160 | €1,493 | -€1,668 | -52.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,548 | €23,124 | +€575 | +2.6% |
| Other operating charges | 640/8 | €5,169 | €3,982 | -€1,186 | -23.0% |
| Gross operating margin | 9900 | €85,379 | €79,551 | -€5,828 | -6.8% |
| Operating profit (loss) | 9901 | €57,663 | €52,445 | -€5,217 | -9.0% |
| Financial income | 75/76B | €20 | €173 | +€153 | +763% |
| Recurring financial income | 75 | €20 | €173 | +€153 | +763% |
| Financial charges | 65/66B | €5,322 | €3,672 | -€1,650 | -31.0% |
| Recurring financial charges | 65 | €5,322 | €3,672 | -€1,650 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €52,361 | €48,946 | -€3,415 | -6.5% |
| Income taxes | 67/77 | €13,814 | €12,741 | -€1,073 | -7.8% |
| Profit (loss) for the period | 9904 | €38,547 | €36,205 | -€2,341 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,547 | €36,205 | -€2,341 | -6.1% |
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 19 October 2026 via checked.be.