Cornell Solutions: 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.
Cornell Solutions
Largest movements
- Cash +€28,773
up €28,773 (+48.9%), from €58,879 to €87,651
mainly Net result for the year (+€38,915) and Tax, wage and social debts (+€5,428)
- Tangible fixed assets -€4,830
down €4,830 (-36.4%), from €13,277 to €8,448
- Profit (loss) carried forward +€38,915
up €38,915 (+80.7%), from €48,239 to €87,154
- Other debts -€19,975
down €19,975 (-100.0%), from €19,975 to €0
- Tax, wage and social debts +€5,428
up €5,428 (+97.4%), from €5,570 to €10,998
- Gross operating margin -€4,731
down €4,731 (-8.0%), from €59,307 to €54,576
- Taxes +€2,148
up €2,148 (+23.7%), from €9,069 to €11,217
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 | €81,698 | €106,459 | +€24,760 | +30.3% |
| Fixed assets | 21/28 | €16,677 | €12,169 | -€4,507 | -27.0% |
| Tangible fixed assets | 22/27 | €13,277 | €8,448 | -€4,830 | -36.4% |
| Furniture and vehicles | 24 | €13,277 | €8,448 | -€4,830 | -36.4% |
| Financial fixed assets | 28 | €3,399 | €3,722 | +€322 | +9.5% |
| Current assets | 29/58 | €65,022 | €94,289 | +€29,268 | +45.0% |
| Amounts receivable within one year | 40/41 | €6,143 | €6,638 | +€495 | +8.1% |
| Trade receivables | 40 | €212 | €589 | +€377 | +177.9% |
| Other amounts receivable | 41 | €5,931 | €6,049 | +€118 | +2.0% |
| Cash at bank and in hand | 54/58 | €58,879 | €87,651 | +€28,773 | +48.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €81,698 | €106,459 | +€24,760 | +30.3% |
| Equity | 10/15 | €50,989 | €89,904 | +€38,915 | +76.3% |
| Contributions | 10/11 | €2,750 | €2,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,239 | €87,154 | +€38,915 | +80.7% |
| Amounts payable | 17/49 | €30,709 | €16,555 | -€14,154 | -46.1% |
| Amounts payable within one year | 42/48 | €30,709 | €16,555 | -€14,154 | -46.1% |
| Trade debts | 44 | €5,164 | €5,557 | +€393 | +7.6% |
| Suppliers | 440/4 | €5,164 | €5,557 | +€393 | +7.6% |
| Taxes, remuneration and social security | 45 | €5,570 | €10,998 | +€5,428 | +97.4% |
| Taxes | 450/3 | €5,570 | €10,998 | +€5,428 | +97.4% |
| Other amounts payable | 47/48 | €19,975 | €0 | -€19,975 | -100.0% |
| Non-recurring operating income | 76A | - | €20,847 | +€20,847 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,396 | €2,493 | +€98 | +4.1% |
| Other operating charges | 640/8 | €926 | €755 | -€170 | -18.4% |
| Non-recurring operating charges | 66A | - | €487 | +€487 | |
| Gross operating margin | 9900 | €59,307 | €54,576 | -€4,731 | -8.0% |
| Operating profit (loss) | 9901 | €55,986 | €50,841 | -€5,145 | -9.2% |
| Financial income | 75/76B | €13 | €0 | -€13 | -99.8% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -99.8% |
| Financial charges | 65/66B | €734 | €709 | -€25 | -3.4% |
| Recurring financial charges | 65 | €734 | €709 | -€25 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €55,264 | €50,132 | -€5,132 | -9.3% |
| Income taxes | 67/77 | €9,069 | €11,217 | +€2,148 | +23.7% |
| Profit (loss) for the period | 9904 | €46,195 | €38,915 | -€7,281 | -15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,195 | €38,915 | -€7,281 | -15.8% |
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 11 October 2026 via checked.be.