Corner House: what changed
Two fiscal 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.
Corner House
Largest movements
- Tangible fixed assets -€754,029
down €754,029 (-31.1%), from €2.4m to €1.7m
of which Land and buildings: -€756,217
- Intangible fixed assets -€67,400
down €67,400 (-12.1%), from €556,050 to €488,650
- Receivables within one year -€62,766
down €62,766 (-85.3%), from €73,541 to €10,775
of which Trade receivables: -€66,070
- Cash -€31,798
down €31,798 (-59.6%), from €53,362 to €21,564
mainly Debts after one year (-€473,250) and Short-term financial debts (-€357,723)
- Debts after one year -€473,250
down €473,250 (-17.5%), from €2.7m to €2.2m
- Short-term financial debts -€357,723
down €357,723 (-75.1%), from €476,500 to €118,777
- Profit (loss) carried forward -€75,933
down €75,933 (-35.3%), from -€215,121 to -€291,053
- Gross operating margin -€265,600
down €265,600 (-40.4%), from €657,226 to €391,626
- Financial charges -€182,757
down €182,757 (-64.0%), from €285,340 to €102,583
- Depreciation -€145,178
down €145,178 (-49.7%), from €291,825 to €146,647
- Staff costs -€49,762
down €49,762 (-21.2%), from €235,183 to €185,421
- Other operating charges -€27,140
down €27,140 (-45.2%), from €60,088 to €32,948
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 | €3,116,265 | €2,213,773 | -€902,492 | -29.0% |
| Fixed assets | 21/28 | €2,980,141 | €2,158,712 | -€821,429 | -27.6% |
| Intangible fixed assets | 21 | €556,050 | €488,650 | -€67,400 | -12.1% |
| Tangible fixed assets | 22/27 | €2,424,091 | €1,670,062 | -€754,029 | -31.1% |
| Land and buildings | 22 | €2,378,991 | €1,622,773 | -€756,217 | -31.8% |
| Plant, machinery and equipment | 23 | €36,561 | €39,784 | +€3,224 | +8.8% |
| Furniture and vehicles | 24 | €8,540 | €7,505 | -€1,035 | -12.1% |
| Current assets | 29/58 | €136,124 | €55,061 | -€81,064 | -59.6% |
| Amounts receivable within one year | 40/41 | €73,541 | €10,775 | -€62,766 | -85.3% |
| Trade receivables | 40 | €73,541 | €7,471 | -€66,070 | -89.8% |
| Other amounts receivable | 41 | - | €3,304 | +€3,304 | |
| Cash at bank and in hand | 54/58 | €53,362 | €21,564 | -€31,798 | -59.6% |
| Deferred charges and accrued income | 490/1 | €9,222 | €22,722 | +€13,500 | +146.4% |
| Total equity and liabilities | 10/49 | €3,116,265 | €2,213,773 | -€902,492 | -29.0% |
| Equity | 10/15 | -€165,121 | -€241,053 | -€75,933 | -46.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€215,121 | -€291,053 | -€75,933 | -35.3% |
| Amounts payable | 17/49 | €3,281,386 | €2,454,826 | -€826,560 | -25.2% |
| Amounts payable after more than one year | 17 | €2,706,750 | €2,233,500 | -€473,250 | -17.5% |
| Financial debts | 170/4 | €2,706,750 | €2,233,500 | -€473,250 | -17.5% |
| Amounts payable within one year | 42/48 | €572,032 | €208,595 | -€363,438 | -63.5% |
| Financial debts | 43 | €476,500 | €118,777 | -€357,723 | -75.1% |
| Credit institutions | 430/8 | €476,500 | €118,777 | -€357,723 | -75.1% |
| Trade debts | 44 | €23,599 | €48,728 | +€25,129 | +106.5% |
| Suppliers | 440/4 | €23,599 | €48,728 | +€25,129 | +106.5% |
| Advances received on contracts in progress | 46 | €6,353 | €6,018 | -€335 | -5.3% |
| Taxes, remuneration and social security | 45 | €32,085 | €16,237 | -€15,848 | -49.4% |
| Taxes | 450/3 | €5,987 | €372 | -€5,615 | -93.8% |
| Remuneration and social security | 454/9 | €26,098 | €15,865 | -€10,233 | -39.2% |
| Other amounts payable | 47/48 | €33,495 | €18,836 | -€14,659 | -43.8% |
| Accrued charges and deferred income | 492/3 | €2,604 | €12,732 | +€10,128 | +388.9% |
| Remuneration, social security and pensions | 62 | €235,183 | €185,421 | -€49,762 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €291,825 | €146,647 | -€145,178 | -49.7% |
| Other operating charges | 640/8 | €60,088 | €32,948 | -€27,140 | -45.2% |
| Gross operating margin | 9900 | €657,226 | €391,626 | -€265,600 | -40.4% |
| Operating profit (loss) | 9901 | €70,131 | €26,609 | -€43,522 | -62.1% |
| Financial income | 75/76B | €213 | €41 | -€172 | -80.7% |
| Recurring financial income | 75 | €213 | €41 | -€172 | -80.7% |
| Financial charges | 65/66B | €285,340 | €102,583 | -€182,757 | -64.0% |
| Recurring financial charges | 65 | €285,340 | €102,583 | -€182,757 | -64.0% |
| Profit (loss) for the period before taxes | 9903 | -€214,997 | -€75,933 | +€139,064 | +64.7% |
| Income taxes | 67/77 | €124 | €0 | -€124 | -100.0% |
| Profit (loss) for the period | 9904 | -€215,121 | -€75,933 | +€139,188 | +64.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€215,121 | -€75,933 | +€139,188 | +64.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.