CORNEL & AVRAM CONSTRUCTION: 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.
CORNEL & AVRAM CONSTRUCTION
Largest movements
- Receivables within one year -€7,041
down €7,041 (-17.5%), from €40,290 to €33,249
of which Trade receivables: -€8,259
- Tangible fixed assets -€516
no longer reported in 2025 (was €516)
- Profit (loss) carried forward -€7,417
down €7,417 (-63.7%), from €11,640 to €4,223
- Advances received +€3,338
up €3,338 (+50.1%), from €6,663 to €10,001
- Trade debts -€2,152
down €2,152 (-13.5%), from €15,949 to €13,797
- Tax, wage and social debts -€1,010
down €1,010 (-39.0%), from €2,590 to €1,580
- Turnover -€91,590
down €91,590 (-77.5%), from €118,120 to €26,530
- Purchases and services -€80,663
down €80,663 (-70.3%), from €114,706 to €34,043
- Gross operating margin -€10,927
down €10,927, from €3,414 to -€7,513
- Taxes -€1,208
no longer reported in 2025 (was €1,208)
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 | €41,842 | €34,601 | -€7,241 | -17.3% |
| Fixed assets | 21/28 | €516 | - | -€516 | |
| Tangible fixed assets | 22/27 | €516 | - | -€516 | |
| Furniture and vehicles | 24 | €516 | - | -€516 | |
| Current assets | 29/58 | €41,327 | €34,601 | -€6,725 | -16.3% |
| Amounts receivable within one year | 40/41 | €40,290 | €33,249 | -€7,041 | -17.5% |
| Trade receivables | 40 | €21,321 | €13,062 | -€8,259 | -38.7% |
| Other amounts receivable | 41 | €18,969 | €20,187 | +€1,218 | +6.4% |
| Cash at bank and in hand | 54/58 | €1,036 | €1,352 | +€316 | +30.5% |
| Total equity and liabilities | 10/49 | €41,842 | €34,601 | -€7,241 | -17.3% |
| Equity | 10/15 | €16,640 | €9,223 | -€7,417 | -44.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,640 | €4,223 | -€7,417 | -63.7% |
| Amounts payable | 17/49 | €25,202 | €25,378 | +€176 | +0.7% |
| Amounts payable within one year | 42/48 | €25,202 | €25,378 | +€176 | +0.7% |
| Trade debts | 44 | €15,949 | €13,797 | -€2,152 | -13.5% |
| Suppliers | 440/4 | €15,949 | €13,797 | -€2,152 | -13.5% |
| Advances received on contracts in progress | 46 | €6,663 | €10,001 | +€3,338 | +50.1% |
| Taxes, remuneration and social security | 45 | €2,590 | €1,580 | -€1,010 | -39.0% |
| Taxes | 450/3 | €2,590 | €1,580 | -€1,010 | -39.0% |
| Turnover | 70 | €118,120 | €26,530 | -€91,590 | -77.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €114,706 | €34,043 | -€80,663 | -70.3% |
| Remuneration, social security and pensions | 62 | €50 | - | -€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €516 | €516 | +€0 | 0.0% |
| Other operating charges | 640/8 | €895 | - | -€895 | |
| Non-recurring operating charges | 66A | - | -€69 | -€69 | |
| Gross operating margin | 9900 | €3,414 | -€7,513 | -€10,927 | |
| Operating profit (loss) | 9901 | €1,953 | -€7,960 | -€9,912 | |
| Financial income | 75/76B | €921 | €758 | -€163 | -17.7% |
| Recurring financial income | 75 | €921 | €758 | -€163 | -17.7% |
| Financial charges | 65/66B | €375 | €215 | -€160 | -42.6% |
| Recurring financial charges | 65 | €375 | €215 | -€160 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | €2,498 | -€7,417 | -€9,915 | |
| Income taxes | 67/77 | €1,208 | - | -€1,208 | |
| Profit (loss) for the period | 9904 | €1,290 | -€7,417 | -€8,707 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,290 | -€7,417 | -€8,707 |
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 25 October 2026 via checked.be.