CORNAND: what changed
Two fiscal 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.
CORNAND
Largest movements
- Cash +€10,382
up €10,382 (+33.5%), from €31,021 to €41,403
mainly Net result for the year (+€5,560) and Investment in fixed assets (net) (+€5,181)
- Tangible fixed assets -€5,181
no longer reported in 2025 (was €5,181)
- Receivables within one year +€2,013
up €2,013 (+18.6%), from €10,837 to €12,850
of which Trade receivables: +€2,227
- Deferred charges and accrued income -€1,084
no longer reported in 2025 (was €1,084)
- Profit (loss) carried forward +€5,560
up €5,560 (+13.1%), from -€42,461 to -€36,901
- Tax, wage and social debts +€2,871
up €2,871 (+63.6%), from €4,517 to €7,389
of which Taxes: +€2,825
- Trade debts -€2,648
down €2,648 (-58.1%), from €4,560 to €1,912
- Gross operating margin +€16,728
up €16,728, from -€10,052 to €6,676
- Financial income +€258
up €258 (+10266.1%), from €3 to €260
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 | €67,241 | €72,757 | +€5,515 | +8.2% |
| Fixed assets | 21/28 | €14,431 | €9,250 | -€5,181 | -35.9% |
| Tangible fixed assets | 22/27 | €5,181 | - | -€5,181 | |
| Furniture and vehicles | 24 | €5,181 | - | -€5,181 | |
| Financial fixed assets | 28 | €9,250 | €9,250 | = | 0.0% |
| Current assets | 29/58 | €52,810 | €63,507 | +€10,696 | +20.3% |
| Stocks and contracts in progress | 3 | €4,370 | €3,755 | -€614 | -14.1% |
| Stocks | 30/36 | €4,370 | €3,755 | -€614 | -14.1% |
| Amounts receivable within one year | 40/41 | €10,837 | €12,850 | +€2,013 | +18.6% |
| Trade receivables | 40 | €9,739 | €11,966 | +€2,227 | +22.9% |
| Other amounts receivable | 41 | €1,098 | €883 | -€215 | -19.5% |
| Current investments | 50/53 | €5,499 | €5,499 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €31,021 | €41,403 | +€10,382 | +33.5% |
| Deferred charges and accrued income | 490/1 | €1,084 | - | -€1,084 | |
| Total equity and liabilities | 10/49 | €67,241 | €72,757 | +€5,515 | +8.2% |
| Equity | 10/15 | €53,375 | €58,935 | +€5,560 | +10.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €83,436 | €83,436 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,665 | €8,665 | = | 0.0% |
| Distributable reserves | 133 | €72,913 | €72,913 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,461 | -€36,901 | +€5,560 | +13.1% |
| Amounts payable | 17/49 | €13,866 | €13,822 | -€44 | -0.3% |
| Amounts payable within one year | 42/48 | €13,866 | €13,822 | -€44 | -0.3% |
| Trade debts | 44 | €4,560 | €1,912 | -€2,648 | -58.1% |
| Suppliers | 440/4 | €4,560 | €1,912 | -€2,648 | -58.1% |
| Taxes, remuneration and social security | 45 | €4,517 | €7,389 | +€2,871 | +63.6% |
| Taxes | 450/3 | €1,983 | €4,808 | +€2,825 | +142.5% |
| Remuneration and social security | 454/9 | €2,534 | €2,581 | +€47 | +1.8% |
| Other amounts payable | 47/48 | €4,789 | €4,521 | -€267 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67 | - | -€67 | |
| Other operating charges | 640/8 | €1,170 | €1,264 | +€93 | +8.0% |
| Gross operating margin | 9900 | -€10,052 | €6,676 | +€16,728 | |
| Operating profit (loss) | 9901 | -€11,289 | €5,413 | +€16,702 | |
| Financial income | 75/76B | €3 | €260 | +€258 | +10266.1% |
| Recurring financial income | 75 | €3 | €260 | +€258 | +10266.1% |
| Financial charges | 65/66B | €160 | €113 | -€47 | -29.2% |
| Recurring financial charges | 65 | €160 | €113 | -€47 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,447 | €5,560 | +€17,006 | |
| Profit (loss) for the period | 9904 | -€11,447 | €5,560 | +€17,006 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,447 | €5,560 | +€17,006 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.