CORNELIS-TAX: 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-TAX
Largest movements
- Cash +€15,519
up €15,519 (+76.5%), from €20,277 to €35,796
mainly Current investments (+€10,000) and Net result for the year (+€8,635)
- Current investments -€10,000
no longer reported in 2025 (was €10,000)
- Tangible fixed assets +€1,430
up €1,430 (+436%), from €328 to €1,759
- Receivables within one year +€1,240
up €1,240 (+10.4%), from €11,973 to €13,213
of which Trade receivables: +€11,661
- Deferred charges and accrued income +€685
up €685 (+139%), from €495 to €1,180
- Profit (loss) carried forward +€8,635
up €8,635 (+24.1%), from €35,775 to €44,411
- Tax, wage and social debts -€2,073
down €2,073 (-36.5%), from €5,678 to €3,605
- Other debts +€1,225
up €1,225 (+350%), from €350 to €1,575
- Trade debts +€847
up €847 (+20,700%), from €4 to €851
- Gross operating margin -€17,182
down €17,182 (-54.8%), from €31,334 to €14,152
- Taxes -€3,619
down €3,619 (-54.8%), from €6,602 to €2,983
- Depreciation +€550
up €550 (+307%), from €179 to €728
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 | €43,073 | €51,947 | +€8,875 | +20.6% |
| Fixed assets | 21/28 | €328 | €1,759 | +€1,430 | +436% |
| Tangible fixed assets | 22/27 | €328 | €1,759 | +€1,430 | +436% |
| Plant, machinery and equipment | 23 | €328 | €1,759 | +€1,430 | +436% |
| Current assets | 29/58 | €42,744 | €50,189 | +€7,444 | +17.4% |
| Amounts receivable within one year | 40/41 | €11,973 | €13,213 | +€1,240 | +10.4% |
| Trade receivables | 40 | - | €11,661 | +€11,661 | |
| Other amounts receivable | 41 | €11,973 | €1,552 | -€10,421 | -87.0% |
| Current investments | 50/53 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €20,277 | €35,796 | +€15,519 | +76.5% |
| Deferred charges and accrued income | 490/1 | €495 | €1,180 | +€685 | +139% |
| Total equity and liabilities | 10/49 | €43,073 | €51,947 | +€8,875 | +20.6% |
| Equity | 10/15 | €36,775 | €45,411 | +€8,635 | +23.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,775 | €44,411 | +€8,635 | +24.1% |
| Amounts payable | 17/49 | €6,297 | €6,537 | +€239 | +3.8% |
| Amounts payable within one year | 42/48 | €6,032 | €6,030 | -€1 | 0.0% |
| Trade debts | 44 | €4 | €851 | +€847 | +20,700% |
| Suppliers | 440/4 | €4 | €851 | +€847 | +20,700% |
| Taxes, remuneration and social security | 45 | €5,678 | €3,605 | -€2,073 | -36.5% |
| Taxes | 450/3 | €5,678 | €3,605 | -€2,073 | -36.5% |
| Other amounts payable | 47/48 | €350 | €1,575 | +€1,225 | +350% |
| Accrued charges and deferred income | 492/3 | €266 | €506 | +€240 | +90.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179 | €728 | +€550 | +307% |
| Other operating charges | 640/8 | €569 | €673 | +€104 | +18.2% |
| Gross operating margin | 9900 | €31,334 | €14,152 | -€17,182 | -54.8% |
| Operating profit (loss) | 9901 | €30,586 | €12,751 | -€17,836 | -58.3% |
| Financial income | 75/76B | - | €142 | +€142 | |
| Recurring financial income | 75 | - | €142 | +€142 | |
| Financial charges | 65/66B | €1,420 | €1,275 | -€145 | -10.2% |
| Recurring financial charges | 65 | €1,420 | €1,275 | -€145 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €29,166 | €11,618 | -€17,548 | -60.2% |
| Income taxes | 67/77 | €6,602 | €2,983 | -€3,619 | -54.8% |
| Profit (loss) for the period | 9904 | €22,565 | €8,635 | -€13,929 | -61.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,565 | €8,635 | -€13,929 | -61.7% |
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 27 October 2026 via checked.be.