CORNER IMMO: 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 IMMO
Largest movements
- Cash -€566,970
down €566,970 (-29.4%), from €1.9m to €1.4m
mainly Net result for the year (-€553,564) and Tax, wage and social debts (-€260,849)
- Tangible fixed assets -€385,673
down €385,673 (-4.4%), from €8.8m to €8.4m
- Receivables within one year +€226,826
up €226,826 (+185.5%), from €122,303 to €349,129
of which Trade receivables: +€226,826
- Profit (loss) carried forward -€553,564
down €553,564 (-12.1%), from -€4.6m to -€5.1m
- Tax, wage and social debts -€260,849
down €260,849 (-93.4%), from €279,379 to €18,530
- Financial charges -€31,963
down €31,963 (-17.0%), from €187,524 to €155,561
- Gross operating margin -€22,265
down €22,265 (-5.2%), from €430,975 to €408,711
- Depreciation +€7,001
up €7,001 (+1.5%), from €472,074 to €479,075
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,910,256 | €10,160,517 | -€749,739 | -6.9% |
| Fixed assets | 21/28 | €8,822,496 | €8,436,824 | -€385,673 | -4.4% |
| Tangible fixed assets | 22/27 | €8,822,496 | €8,436,824 | -€385,673 | -4.4% |
| Land and buildings | 22 | €8,822,496 | €8,436,824 | -€385,673 | -4.4% |
| Current assets | 29/58 | €2,087,760 | €1,723,693 | -€364,067 | -17.4% |
| Amounts receivable within one year | 40/41 | €122,303 | €349,129 | +€226,826 | +185.5% |
| Trade receivables | 40 | €94,730 | €321,555 | +€226,826 | +239.4% |
| Other amounts receivable | 41 | €27,574 | €27,574 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €1,929,970 | €1,363,000 | -€566,970 | -29.4% |
| Deferred charges and accrued income | 490/1 | €35,487 | €11,564 | -€23,923 | -67.4% |
| Total equity and liabilities | 10/49 | €10,910,256 | €10,160,517 | -€749,739 | -6.9% |
| Equity | 10/15 | €5,390,510 | €4,836,946 | -€553,564 | -10.3% |
| Contributions | 10/11 | €9,969,586 | €9,969,586 | = | 0.0% |
| Capital | 10 | €9,969,586 | €9,969,586 | = | 0.0% |
| Issued capital | 100 | €9,969,586 | €9,969,586 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,579,076 | -€5,132,640 | -€553,564 | -12.1% |
| Amounts payable | 17/49 | €5,519,746 | €5,323,570 | -€196,176 | -3.6% |
| Amounts payable after more than one year | 17 | €5,042,691 | €5,042,691 | = | 0.0% |
| Financial debts | 170/4 | €5,042,691 | €5,042,691 | = | 0.0% |
| Amounts payable within one year | 42/48 | €477,055 | €280,879 | -€196,176 | -41.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €192,394 | €257,067 | +€64,673 | +33.6% |
| Suppliers | 440/4 | €192,394 | €257,067 | +€64,673 | +33.6% |
| Advances received on contracts in progress | 46 | €5,282 | €5,282 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €279,379 | €18,530 | -€260,849 | -93.4% |
| Taxes | 450/3 | €279,379 | €18,530 | -€260,849 | -93.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €472,074 | €479,075 | +€7,001 | +1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €326,829 | €327,638 | +€809 | +0.2% |
| Gross operating margin | 9900 | €430,975 | €408,711 | -€22,265 | -5.2% |
| Operating profit (loss) | 9901 | -€367,927 | -€398,002 | -€30,075 | -8.2% |
| Financial charges | 65/66B | €187,524 | €155,561 | -€31,963 | -17.0% |
| Recurring financial charges | 65 | €187,524 | €155,561 | -€31,963 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | -€555,452 | -€553,564 | +€1,888 | +0.3% |
| Profit (loss) for the period | 9904 | -€555,452 | -€553,564 | +€1,888 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€555,452 | -€553,564 | +€1,888 | +0.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.