CORNELIS: 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.
CORNELIS
Largest movements
- Receivables within one year +€12,301
up €12,301 (+70.8%), from €17,373 to €29,674
of which Other amounts receivable: +€11,281
- Cash -€3,436
down €3,436 (-43.8%), from €7,850 to €4,414
mainly Receivables within one year (-€12,301) and Deferred charges and accrued income (-€167)
- Tangible fixed assets -€1,053
down €1,053 (-51.3%), from €2,052 to €999
- Reserves +€10,618
up €10,618 (+4281.3%), from €248 to €10,866
of which Distributable reserves: +€10,866
- Profit (loss) carried forward -€5,097
down €5,097 (-100.0%), from €5,097 to €0
- Trade debts +€1,861
up €1,861 (+157.3%), from €1,183 to €3,044
- Taxes -€1,463
down €1,463 (-38.1%), from €3,839 to €2,376
- Gross operating margin +€280
up €280 (+2.9%), from €9,637 to €9,917
- Financial income +€181
new in 2025: €181
- Depreciation +€144
up €144 (+15.9%), from €908 to €1,052
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 | €27,275 | €35,254 | +€7,979 | +29.3% |
| Fixed assets | 21/28 | €2,052 | €999 | -€1,053 | -51.3% |
| Tangible fixed assets | 22/27 | €2,052 | €999 | -€1,053 | -51.3% |
| Plant, machinery and equipment | 23 | €2,052 | €999 | -€1,053 | -51.3% |
| Current assets | 29/58 | €25,223 | €34,255 | +€9,032 | +35.8% |
| Amounts receivable within one year | 40/41 | €17,373 | €29,674 | +€12,301 | +70.8% |
| Trade receivables | 40 | €16,911 | €17,931 | +€1,020 | +6.0% |
| Other amounts receivable | 41 | €462 | €11,743 | +€11,281 | +2441.8% |
| Cash at bank and in hand | 54/58 | €7,850 | €4,414 | -€3,436 | -43.8% |
| Deferred charges and accrued income | 490/1 | - | €167 | +€167 | |
| Total equity and liabilities | 10/49 | €27,275 | €35,254 | +€7,979 | +29.3% |
| Equity | 10/15 | €23,937 | €29,706 | +€5,769 | +24.1% |
| Contributions | 10/11 | €18,592 | €18,840 | +€248 | +1.3% |
| Reserves | 13 | €248 | €10,866 | +€10,618 | +4281.3% |
| Non-distributable reserves | 130/1 | €248 | - | -€248 | |
| Reserves not available under the articles | 1311 | €248 | - | -€248 | |
| Distributable reserves | 133 | - | €10,866 | +€10,866 | |
| Profit (loss) carried forward | 14 | €5,097 | €0 | -€5,097 | -100.0% |
| Amounts payable | 17/49 | €3,338 | €5,549 | +€2,211 | +66.2% |
| Amounts payable within one year | 42/48 | €3,338 | €5,549 | +€2,211 | +66.2% |
| Trade debts | 44 | €1,183 | €3,044 | +€1,861 | +157.3% |
| Suppliers | 440/4 | €1,183 | €3,044 | +€1,861 | +157.3% |
| Taxes, remuneration and social security | 45 | €2,155 | €2,505 | +€350 | +16.2% |
| Taxes | 450/3 | €2,155 | €2,505 | +€350 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €908 | €1,052 | +€144 | +15.9% |
| Other operating charges | 640/8 | €765 | €797 | +€32 | +4.1% |
| Gross operating margin | 9900 | €9,637 | €9,917 | +€280 | +2.9% |
| Operating profit (loss) | 9901 | €7,964 | €8,068 | +€104 | +1.3% |
| Financial income | 75/76B | - | €181 | +€181 | |
| Recurring financial income | 75 | - | €181 | +€181 | |
| Financial charges | 65/66B | €99 | €105 | +€6 | +5.6% |
| Recurring financial charges | 65 | €99 | €105 | +€6 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €7,865 | €8,145 | +€280 | +3.6% |
| Income taxes | 67/77 | €3,839 | €2,376 | -€1,463 | -38.1% |
| Profit (loss) for the period | 9904 | €4,026 | €5,768 | +€1,742 | +43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,026 | €5,768 | +€1,742 | +43.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.