CORECO: what changed
CORECO
Largest movements
- Receivables within one year +€30,113
up €30,113 (+79.1%), from €38,061 to €68,174
of which Other amounts receivable: +€21,596
- Cash +€10,316
up €10,316 (+33.1%), from €31,209 to €41,526
mainly Net result for the year (+€33,596) and Tax, wage and social debts (+€14,255)
- Deferred charges and accrued income -€8,095
down €8,095 (-79.1%), from €10,228 to €2,133
- Reserves +€17,948
up €17,948 (+28.2%), from €63,651 to €81,598
- Tax, wage and social debts +€14,255
up €14,255 (+193%), from €7,388 to €21,644
- Gross operating margin -€10,141
down €10,141 (-15.8%), from €64,221 to €54,079
- Taxes +€3,502
up €3,502 (+23.0%), from €15,239 to €18,741
- Financial charges +€1,124
up €1,124 (+1,307%), from €86 to €1,210
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,499 | €111,833 | +€32,334 | +40.7% |
| Current assets | 29/58 | €79,499 | €111,833 | +€32,334 | +40.7% |
| Amounts receivable within one year | 40/41 | €38,061 | €68,174 | +€30,113 | +79.1% |
| Trade receivables | 40 | €14,294 | €22,812 | +€8,518 | +59.6% |
| Other amounts receivable | 41 | €23,767 | €45,363 | +€21,596 | +90.9% |
| Cash at bank and in hand | 54/58 | €31,209 | €41,526 | +€10,316 | +33.1% |
| Deferred charges and accrued income | 490/1 | €10,228 | €2,133 | -€8,095 | -79.1% |
| Total equity and liabilities | 10/49 | €79,499 | €111,833 | +€32,334 | +40.7% |
| Equity | 10/15 | €69,851 | €87,798 | +€17,948 | +25.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €63,651 | €81,598 | +€17,948 | +28.2% |
| Distributable reserves | 133 | €63,651 | €81,598 | +€17,948 | +28.2% |
| Amounts payable | 17/49 | €9,648 | €24,035 | +€14,387 | +149% |
| Amounts payable within one year | 42/48 | €9,648 | €24,035 | +€14,387 | +149% |
| Trade debts | 44 | €994 | €1,079 | +€85 | +8.5% |
| Suppliers | 440/4 | €994 | €1,079 | +€85 | +8.5% |
| Taxes, remuneration and social security | 45 | €7,388 | €21,644 | +€14,255 | +193% |
| Taxes | 450/3 | €7,388 | €21,644 | +€14,255 | +193% |
| Other amounts payable | 47/48 | €1,266 | €1,313 | +€47 | +3.7% |
| Other operating charges | 640/8 | €2,155 | €2,128 | -€27 | -1.2% |
| Gross operating margin | 9900 | €64,221 | €54,079 | -€10,141 | -15.8% |
| Operating profit (loss) | 9901 | €62,066 | €51,952 | -€10,114 | -16.3% |
| Financial income | 75/76B | €1,068 | €1,596 | +€527 | +49.4% |
| Recurring financial income | 75 | €1,068 | €1,596 | +€527 | +49.4% |
| Financial charges | 65/66B | €86 | €1,210 | +€1,124 | +1,307% |
| Recurring financial charges | 65 | €86 | €1,210 | +€1,124 | +1,307% |
| Profit (loss) for the period before taxes | 9903 | €63,048 | €52,337 | -€10,711 | -17.0% |
| Income taxes | 67/77 | €15,239 | €18,741 | +€3,502 | +23.0% |
| Profit (loss) for the period | 9904 | €47,809 | €33,596 | -€14,213 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €47,809 | €33,596 | -€14,213 | -29.7% |
Next steps
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 5 November 2026 via checked.be.