CORNELJAN: 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.
CORNELJAN
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€26,897
up €26,897 (+3,850%), from €699 to €27,596
- Debts after one year -€23,718
down €23,718 (-2.6%), from €912,676 to €888,958
- Depreciation -€6,589
down €6,589 (-12.1%), from €54,454 to €47,865
- Gross operating margin -€3,307
down €3,307 (-6.2%), from €53,420 to €50,114
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 | €1,054,849 | €1,049,346 | -€5,503 | -0.5% |
| Fixed assets | 21/28 | €1,038,300 | €1,043,157 | +€4,857 | +0.5% |
| Tangible fixed assets | 22/27 | €1,038,300 | €1,043,157 | +€4,857 | +0.5% |
| Land and buildings | 22 | €1,038,300 | €1,043,157 | +€4,857 | +0.5% |
| Current assets | 29/58 | €16,549 | €6,189 | -€10,359 | -62.6% |
| Amounts receivable within one year | 40/41 | €1,626 | €1,079 | -€547 | -33.6% |
| Other amounts receivable | 41 | €1,626 | €1,079 | -€547 | -33.6% |
| Cash at bank and in hand | 54/58 | €13,548 | €3,505 | -€10,043 | -74.1% |
| Deferred charges and accrued income | 490/1 | €1,375 | €1,606 | +€231 | +16.8% |
| Total equity and liabilities | 10/49 | €1,054,849 | €1,049,346 | -€5,503 | -0.5% |
| Equity | 10/15 | €74,307 | €65,121 | -€9,186 | -12.4% |
| Contributions | 10/11 | €122,022 | €122,022 | = | 0.0% |
| Reserves | 13 | €86,096 | €81,846 | -€4,249 | -4.9% |
| Tax-exempt reserves | 132 | €79,955 | €75,706 | -€4,249 | -5.3% |
| Distributable reserves | 133 | €6,141 | €6,141 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€133,811 | -€138,747 | -€4,937 | -3.7% |
| Provisions and deferred taxes | 16 | €41,171 | €38,983 | -€2,188 | -5.3% |
| Deferred taxes | 168 | €41,171 | €38,983 | -€2,188 | -5.3% |
| Amounts payable | 17/49 | €939,371 | €945,243 | +€5,871 | +0.6% |
| Amounts payable after more than one year | 17 | €912,676 | €888,958 | -€23,718 | -2.6% |
| Financial debts | 170/4 | €912,676 | €888,958 | -€23,718 | -2.6% |
| Amounts payable within one year | 42/48 | €24,024 | €51,314 | +€27,290 | +114% |
| Current portion of amounts payable after more than one year | 42 | €23,325 | €23,718 | +€393 | +1.7% |
| Other amounts payable | 47/48 | €699 | €27,596 | +€26,897 | +3,850% |
| Accrued charges and deferred income | 492/3 | €2,672 | €4,971 | +€2,300 | +86.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,454 | €47,865 | -€6,589 | -12.1% |
| Other operating charges | 640/8 | €9,319 | €9,034 | -€285 | -3.1% |
| Gross operating margin | 9900 | €53,420 | €50,114 | -€3,307 | -6.2% |
| Operating profit (loss) | 9901 | -€10,353 | -€6,785 | +€3,568 | +34.5% |
| Financial charges | 65/66B | €4,976 | €4,589 | -€387 | -7.8% |
| Recurring financial charges | 65 | €4,976 | €4,589 | -€387 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,329 | -€11,374 | +€3,955 | +25.8% |
| Transfer from deferred taxes | 780 | €2,188 | €2,188 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€13,141 | -€9,186 | +€3,955 | +30.1% |
| Transfer from tax-exempt reserves | 789 | €4,249 | €4,249 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,891 | -€4,937 | +€3,955 | +44.5% |
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 27 October 2026 via checked.be.