Cornelis MGMT: 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 MGMT
Largest movements
- Cash +€19,878
up €19,878 (+36.7%), from €54,190 to €74,068
mainly Depreciation (+€9,599) and Other debts (+€9,363)
- Tangible fixed assets -€9,599
down €9,599 (-27.9%), from €34,402 to €24,803
of which Furniture and vehicles: -€8,393
- Receivables within one year +€2,503
up €2,503 (+12.9%), from €19,333 to €21,836
of which Trade receivables: +€2,566
- Other debts +€9,363
up €9,363 (+38.8%), from €24,159 to €33,522
- Reserves +€5,278
up €5,278 (+19.4%), from €27,228 to €32,507
- Tax, wage and social debts -€1,742
down €1,742 (-14.4%), from €12,133 to €10,391
- Gross operating margin -€9,970
down €9,970 (-33.0%), from €30,185 to €20,214
- Taxes -€1,766
down €1,766 (-37.3%), from €4,739 to €2,973
- Depreciation +€900
up €900 (+10.4%), from €8,699 to €9,599
- Financial income +€510
up €510 (+260%), from €197 to €706
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 | €107,953 | €120,771 | +€12,818 | +11.9% |
| Fixed assets | 21/28 | €34,402 | €24,803 | -€9,599 | -27.9% |
| Tangible fixed assets | 22/27 | €34,402 | €24,803 | -€9,599 | -27.9% |
| Furniture and vehicles | 24 | €28,674 | €20,282 | -€8,393 | -29.3% |
| Other tangible fixed assets | 26 | €5,727 | €4,521 | -€1,207 | -21.1% |
| Current assets | 29/58 | €73,551 | €95,969 | +€22,417 | +30.5% |
| Amounts receivable within one year | 40/41 | €19,333 | €21,836 | +€2,503 | +12.9% |
| Trade receivables | 40 | €19,270 | €21,836 | +€2,566 | +13.3% |
| Other amounts receivable | 41 | €63 | - | -€63 | |
| Cash at bank and in hand | 54/58 | €54,190 | €74,068 | +€19,878 | +36.7% |
| Deferred charges and accrued income | 490/1 | €28 | €64 | +€36 | +127% |
| Total equity and liabilities | 10/49 | €107,953 | €120,771 | +€12,818 | +11.9% |
| Equity | 10/15 | €28,228 | €33,507 | +€5,278 | +18.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €27,228 | €32,507 | +€5,278 | +19.4% |
| Distributable reserves | 133 | €27,228 | €32,507 | +€5,278 | +19.4% |
| Amounts payable | 17/49 | €79,725 | €87,265 | +€7,540 | +9.5% |
| Amounts payable after more than one year | 17 | €42,000 | €42,000 | = | 0.0% |
| Financial debts | 170/4 | €42,000 | €42,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €36,439 | €43,979 | +€7,540 | +20.7% |
| Trade debts | 44 | €147 | €65 | -€82 | -55.7% |
| Suppliers | 440/4 | €147 | €65 | -€82 | -55.7% |
| Taxes, remuneration and social security | 45 | €12,133 | €10,391 | -€1,742 | -14.4% |
| Taxes | 450/3 | €12,133 | €10,391 | -€1,742 | -14.4% |
| Other amounts payable | 47/48 | €24,159 | €33,522 | +€9,363 | +38.8% |
| Accrued charges and deferred income | 492/3 | €1,286 | €1,286 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,699 | €9,599 | +€900 | +10.4% |
| Other operating charges | 640/8 | €945 | €775 | -€170 | -18.0% |
| Gross operating margin | 9900 | €30,185 | €20,214 | -€9,970 | -33.0% |
| Operating profit (loss) | 9901 | €20,541 | €9,840 | -€10,701 | -52.1% |
| Financial income | 75/76B | €197 | €706 | +€510 | +260% |
| Recurring financial income | 75 | €197 | €706 | +€510 | +260% |
| Financial charges | 65/66B | €2,281 | €2,295 | +€14 | +0.6% |
| Recurring financial charges | 65 | €2,281 | €2,295 | +€14 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €18,456 | €8,252 | -€10,204 | -55.3% |
| Income taxes | 67/77 | €4,739 | €2,973 | -€1,766 | -37.3% |
| Profit (loss) for the period | 9904 | €13,717 | €5,278 | -€8,438 | -61.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,717 | €5,278 | -€8,438 | -61.5% |
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 13 October 2026 via checked.be.