Chez Maître Corbeau: 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.
Chez Maître Corbeau
Largest movements
- Cash +€46,080
up €46,080 (+76.7%), from €60,076 to €106,156
- Receivables within one year -€35,145
down €35,145 (-56.6%), from €62,044 to €26,899
of which Trade receivables: -€34,290
- Intangible fixed assets -€24,925
down €24,925 (-37.5%), from €66,471 to €41,546
- Stocks and contracts -€6,142
down €6,142 (-5.8%), from €106,787 to €100,645
- Deferred charges and accrued income -€5,250
down €5,250 (-70.3%), from €7,464 to €2,214
- Other debts +€42,234
up €42,234 (+5,070%), from €833 to €43,067
- Trade debts -€37,989
down €37,989 (-39.5%), from €96,272 to €58,283
- Profit (loss) carried forward -€20,922
down €20,922 (-37.6%), from €55,682 to €34,760
- Tax, wage and social debts -€8,949
down €8,949 (-9.8%), from €91,070 to €82,121
of which Taxes: -€29,302
- Debts after one year -€7,392
down €7,392 (-6.3%), from €117,691 to €110,299
- Gross operating margin +€253,710
up €253,710 (+59.7%), from €424,734 to €678,444
- Staff costs +€199,035
up €199,035 (+62.5%), from €318,594 to €517,629
- Financial charges +€35,786
up €35,786 (+55.3%), from €64,706 to €100,492
- Depreciation +€30,831
up €30,831 (+65.2%), from €47,260 to €78,091
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €483,075 | €455,157 | -€27,918 | -5.8% |
| Fixed assets | 21/28 | €246,703 | €219,242 | -€27,461 | -11.1% |
| Intangible fixed assets | 21 | €66,471 | €41,546 | -€24,925 | -37.5% |
| Tangible fixed assets | 22/27 | €175,351 | €172,814 | -€2,537 | -1.4% |
| Plant, machinery and equipment | 23 | €10,440 | €6,314 | -€4,126 | -39.5% |
| Furniture and vehicles | 24 | €6,096 | €4,746 | -€1,350 | -22.1% |
| Leasing and similar rights | 25 | - | €33,513 | +€33,513 | |
| Other tangible fixed assets | 26 | €158,815 | €128,241 | -€30,574 | -19.3% |
| Financial fixed assets | 28 | €4,882 | €4,882 | = | 0.0% |
| Current assets | 29/58 | €236,371 | €235,914 | -€457 | -0.2% |
| Stocks and contracts in progress | 3 | €106,787 | €100,645 | -€6,142 | -5.8% |
| Stocks | 30/36 | €106,787 | €100,645 | -€6,142 | -5.8% |
| Amounts receivable within one year | 40/41 | €62,044 | €26,899 | -€35,145 | -56.6% |
| Trade receivables | 40 | €51,517 | €17,227 | -€34,290 | -66.6% |
| Other amounts receivable | 41 | €10,527 | €9,672 | -€855 | -8.1% |
| Cash at bank and in hand | 54/58 | €60,076 | €106,156 | +€46,080 | +76.7% |
| Deferred charges and accrued income | 490/1 | €7,464 | €2,214 | -€5,250 | -70.3% |
| Total equity and liabilities | 10/49 | €483,075 | €455,157 | -€27,918 | -5.8% |
| Equity | 10/15 | €150,365 | €129,443 | -€20,922 | -13.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,083 | €76,083 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €76,083 | €76,083 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,682 | €34,760 | -€20,922 | -37.6% |
| Amounts payable | 17/49 | €332,710 | €325,714 | -€6,996 | -2.1% |
| Amounts payable after more than one year | 17 | €117,691 | €110,299 | -€7,392 | -6.3% |
| Financial debts | 170/4 | €117,691 | €110,299 | -€7,392 | -6.3% |
| Amounts payable within one year | 42/48 | €215,019 | €213,065 | -€1,955 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €26,845 | €29,594 | +€2,749 | +10.2% |
| Trade debts | 44 | €96,272 | €58,283 | -€37,989 | -39.5% |
| Suppliers | 440/4 | €96,272 | €58,283 | -€37,989 | -39.5% |
| Taxes, remuneration and social security | 45 | €91,070 | €82,121 | -€8,949 | -9.8% |
| Taxes | 450/3 | €47,029 | €17,727 | -€29,302 | -62.3% |
| Remuneration and social security | 454/9 | €44,041 | €64,394 | +€20,353 | +46.2% |
| Other amounts payable | 47/48 | €833 | €43,067 | +€42,234 | +5,070% |
| Accrued charges and deferred income | 492/3 | €0 | €2,350 | +€2,350 | |
| Remuneration, social security and pensions | 62 | €318,594 | €517,629 | +€199,035 | +62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,260 | €78,091 | +€30,831 | +65.2% |
| Other operating charges | 640/8 | €7,490 | €5,536 | -€1,954 | -26.1% |
| Gross operating margin | 9900 | €424,734 | €678,444 | +€253,710 | +59.7% |
| Operating profit (loss) | 9901 | €51,390 | €77,188 | +€25,798 | +50.2% |
| Financial income | 75/76B | €1,473 | €3,237 | +€1,764 | +120% |
| Recurring financial income | 75 | €1,473 | €3,237 | +€1,764 | +120% |
| Financial charges | 65/66B | €64,706 | €100,492 | +€35,786 | +55.3% |
| Recurring financial charges | 65 | €64,706 | €100,492 | +€35,786 | +55.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,843 | -€20,067 | -€8,224 | -69.4% |
| Profit (loss) for the period | 9904 | -€11,843 | -€20,067 | -€8,224 | -69.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,843 | -€20,067 | -€8,224 | -69.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.