Cornelis Joeri: 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.
Cornelis Joeri
Largest movements
- Cash +€40,216
up €40,216 (+95.1%), from €42,267 to €82,482
mainly Net result for the year (+€34,800) and Depreciation (+€15,941)
- Receivables within one year +€8,917
up €8,917 (+74.5%), from €11,971 to €20,888
of which Other amounts receivable: +€9,005
- Tangible fixed assets -€6,902
down €6,902 (-16.0%), from €43,136 to €36,234
of which Plant, machinery and equipment: -€8,472
- Reserves +€34,000
up €34,000 (+47.9%), from €71,000 to €105,000
- Tax, wage and social debts +€10,967
up €10,967 (+86.9%), from €12,623 to €23,589
- Trade debts -€4,034
down €4,034 (-34.5%), from €11,686 to €7,652
- Gross operating margin +€17,319
up €17,319 (+33.8%), from €51,178 to €68,498
- Taxes +€3,775
up €3,775 (+42.2%), from €8,938 to €12,713
- Depreciation +€2,605
up €2,605 (+19.5%), from €13,335 to €15,941
- Other operating charges +€888
up €888 (+41.9%), from €2,121 to €3,009
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 | €99,955 | €141,688 | +€41,733 | +41.8% |
| Fixed assets | 21/28 | €43,136 | €36,234 | -€6,902 | -16.0% |
| Tangible fixed assets | 22/27 | €43,136 | €36,234 | -€6,902 | -16.0% |
| Plant, machinery and equipment | 23 | €41,128 | €32,656 | -€8,472 | -20.6% |
| Furniture and vehicles | 24 | €2,008 | €3,578 | +€1,570 | +78.2% |
| Current assets | 29/58 | €56,819 | €105,454 | +€48,635 | +85.6% |
| Stocks and contracts in progress | 3 | €1,872 | €1,016 | -€856 | -45.7% |
| Stocks | 30/36 | €1,872 | €1,016 | -€856 | -45.7% |
| Amounts receivable within one year | 40/41 | €11,971 | €20,888 | +€8,917 | +74.5% |
| Trade receivables | 40 | €88 | - | -€88 | |
| Other amounts receivable | 41 | €11,883 | €20,888 | +€9,005 | +75.8% |
| Cash at bank and in hand | 54/58 | €42,267 | €82,482 | +€40,216 | +95.1% |
| Deferred charges and accrued income | 490/1 | €710 | €1,068 | +€358 | +50.5% |
| Total equity and liabilities | 10/49 | €99,955 | €141,688 | +€41,733 | +41.8% |
| Equity | 10/15 | €75,646 | €110,447 | +€34,800 | +46.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €71,000 | €105,000 | +€34,000 | +47.9% |
| Distributable reserves | 133 | €71,000 | €105,000 | +€34,000 | +47.9% |
| Profit (loss) carried forward | 14 | €1,646 | €2,447 | +€800 | +48.6% |
| Amounts payable | 17/49 | €24,309 | €31,242 | +€6,933 | +28.5% |
| Amounts payable within one year | 42/48 | €24,309 | €31,242 | +€6,933 | +28.5% |
| Trade debts | 44 | €11,686 | €7,652 | -€4,034 | -34.5% |
| Suppliers | 440/4 | €11,686 | €7,652 | -€4,034 | -34.5% |
| Taxes, remuneration and social security | 45 | €12,623 | €23,589 | +€10,967 | +86.9% |
| Taxes | 450/3 | €12,623 | €23,589 | +€10,967 | +86.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,335 | €15,941 | +€2,605 | +19.5% |
| Other operating charges | 640/8 | €2,121 | €3,009 | +€888 | +41.9% |
| Non-recurring operating charges | 66A | - | €374 | +€374 | |
| Gross operating margin | 9900 | €51,178 | €68,498 | +€17,319 | +33.8% |
| Operating profit (loss) | 9901 | €35,722 | €49,174 | +€13,452 | +37.7% |
| Financial income | 75/76B | €0 | €12 | +€12 | +30,700% |
| Recurring financial income | 75 | €0 | €12 | +€12 | +30,700% |
| Financial charges | 65/66B | €1,999 | €1,674 | -€325 | -16.3% |
| Recurring financial charges | 65 | €1,999 | €1,674 | -€325 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €33,723 | €47,513 | +€13,790 | +40.9% |
| Income taxes | 67/77 | €8,938 | €12,713 | +€3,775 | +42.2% |
| Profit (loss) for the period | 9904 | €24,785 | €34,800 | +€10,015 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,785 | €34,800 | +€10,015 | +40.4% |
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 21 October 2026 via checked.be.