CORNEL AUTOMOBILES: what changed
CORNEL AUTOMOBILES
Largest movements
- Stocks and contracts +€95,191
new in 2025: €95,191
- Cash +€17,708
up €17,708 (+467%), from €3,791 to €21,499
mainly Advances received (+€104,990) and Net result for the year (+€24,906)
- Receivables within one year +€8,151
up €8,151 (+10.3%), from €78,915 to €87,066
of which Trade receivables: +€7,862
- Advances received +€104,990
new in 2025: €104,990
- Trade debts -€40,622
down €40,622 (-72.5%), from €56,050 to €15,428
- Profit (loss) carried forward +€24,906
up €24,906, from -€2,933 to €21,972
- Other debts +€19,469
up €19,469 (+72.3%), from €26,945 to €46,414
- Tax, wage and social debts +€12,308
up €12,308 (+8,521%), from €144 to €12,452
of which Taxes: +€7,228
- Gross operating margin +€26,581
up €26,581 (+532%), from €5,000 to €31,581
- Taxes +€6,064
new in 2025: €6,064
- Other operating charges +€496
new in 2025: €496
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 | €82,706 | €203,756 | +€121,051 | +146% |
| Current assets | 29/58 | €82,706 | €203,756 | +€121,051 | +146% |
| Stocks and contracts in progress | 3 | - | €95,191 | +€95,191 | |
| Stocks | 30/36 | - | €95,191 | +€95,191 | |
| Amounts receivable within one year | 40/41 | €78,915 | €87,066 | +€8,151 | +10.3% |
| Trade receivables | 40 | €78,915 | €86,777 | +€7,862 | +10.0% |
| Other amounts receivable | 41 | - | €290 | +€290 | |
| Cash at bank and in hand | 54/58 | €3,791 | €21,499 | +€17,708 | +467% |
| Total equity and liabilities | 10/49 | €82,706 | €203,756 | +€121,051 | +146% |
| Equity | 10/15 | -€433 | €24,472 | +€24,906 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,933 | €21,972 | +€24,906 | |
| Amounts payable | 17/49 | €83,139 | €179,284 | +€96,145 | +116% |
| Amounts payable within one year | 42/48 | €83,139 | €179,284 | +€96,145 | +116% |
| Trade debts | 44 | €56,050 | €15,428 | -€40,622 | -72.5% |
| Suppliers | 440/4 | €56,050 | €15,428 | -€40,622 | -72.5% |
| Advances received on contracts in progress | 46 | - | €104,990 | +€104,990 | |
| Taxes, remuneration and social security | 45 | €144 | €12,452 | +€12,308 | +8,521% |
| Taxes | 450/3 | €144 | €7,372 | +€7,228 | +5,004% |
| Remuneration and social security | 454/9 | - | €5,080 | +€5,080 | |
| Other amounts payable | 47/48 | €26,945 | €46,414 | +€19,469 | +72.3% |
| Other operating charges | 640/8 | - | €496 | +€496 | |
| Gross operating margin | 9900 | €5,000 | €31,581 | +€26,581 | +532% |
| Operating profit (loss) | 9901 | €5,000 | €31,085 | +€26,085 | +522% |
| Financial income | 75/76B | €6 | €1 | -€5 | -83.5% |
| Recurring financial income | 75 | €6 | €1 | -€5 | -83.5% |
| Financial charges | 65/66B | €53 | €116 | +€63 | +118% |
| Recurring financial charges | 65 | €53 | €116 | +€63 | +118% |
| Profit (loss) for the period before taxes | 9903 | €4,953 | €30,969 | +€26,017 | +525% |
| Income taxes | 67/77 | - | €6,064 | +€6,064 | |
| Profit (loss) for the period | 9904 | €4,953 | €24,906 | +€19,953 | +403% |
| Profit (loss) for the period to be appropriated | 9905 | €4,953 | €24,906 | +€19,953 | +403% |
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 2 November 2026 via checked.be.