CORNER’S MANAGEMENT: 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’S MANAGEMENT
Largest movements
- Tangible fixed assets +€106,459
up €106,459 (+558.6%), from €19,058 to €125,517
of which Plant, machinery and equipment: +€111,837
- Cash +€25,298
up €25,298 (+53.1%), from €47,614 to €72,912
mainly Debts after one year (+€106,865) and Current portion of long-term debt (+€14,448)
- Debts after one year +€106,865
new in 2025: €106,865
- Current portion of long-term debt +€14,448
new in 2025: €14,448
- Tax, wage and social debts +€9,123
up €9,123 (+69.3%), from €13,158 to €22,281
of which Remuneration and social security: +€10,861
- Trade debts +€5,475
up €5,475 (+74.1%), from €7,386 to €12,861
- Profit (loss) carried forward -€4,896
new in 2025: -€4,896
- Turnover -€136,862
down €136,862 (-24.8%), from €551,924 to €415,062
- Gross operating margin -€75,963
down €75,963 (-29.8%), from €254,942 to €178,979
- Staff costs -€59,760
down €59,760 (-26.4%), from €226,367 to €166,608
- Purchases and services +€18,046
up €18,046 (+8.1%), from €221,438 to €239,484
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 | €73,386 | €205,765 | +€132,379 | +180.4% |
| Formation expenses | 20 | €1,036 | €912 | -€123 | -11.9% |
| Fixed assets | 21/28 | €19,421 | €125,880 | +€106,459 | +548.2% |
| Tangible fixed assets | 22/27 | €19,058 | €125,517 | +€106,459 | +558.6% |
| Plant, machinery and equipment | 23 | - | €111,837 | +€111,837 | |
| Furniture and vehicles | 24 | €19,058 | €13,680 | -€5,378 | -28.2% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €52,929 | €78,973 | +€26,044 | +49.2% |
| Stocks and contracts in progress | 3 | €1,298 | €1,298 | +€0 | 0.0% |
| Stocks | 30/36 | €1,298 | €1,298 | +€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €2,211 | €1,874 | -€338 | -15.3% |
| Trade receivables | 40 | €342 | €1,179 | +€837 | +244.6% |
| Other amounts receivable | 41 | €1,869 | €694 | -€1,175 | -62.8% |
| Cash at bank and in hand | 54/58 | €47,614 | €72,912 | +€25,298 | +53.1% |
| Deferred charges and accrued income | 490/1 | €1,806 | €2,889 | +€1,083 | +60.0% |
| Total equity and liabilities | 10/49 | €73,386 | €205,765 | +€132,379 | +180.4% |
| Equity | 10/15 | €52,842 | €47,946 | -€4,896 | -9.3% |
| Contributions | 10/11 | €41,500 | €41,500 | = | 0.0% |
| Outside capital | 11 | €41,500 | €41,500 | = | 0.0% |
| Other | 1109/19 | €41,500 | €41,500 | = | 0.0% |
| Reserves | 13 | €11,342 | €11,342 | = | 0.0% |
| Distributable reserves | 133 | €11,342 | €11,342 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,896 | -€4,896 | |
| Amounts payable | 17/49 | €20,543 | €157,819 | +€137,275 | +668.2% |
| Amounts payable after more than one year | 17 | - | €106,865 | +€106,865 | |
| Financial debts | 170/4 | - | €106,865 | +€106,865 | |
| Amounts payable within one year | 42/48 | €20,543 | €49,728 | +€29,184 | +142.1% |
| Current portion of amounts payable after more than one year | 42 | - | €14,448 | +€14,448 | |
| Trade debts | 44 | €7,386 | €12,861 | +€5,475 | +74.1% |
| Suppliers | 440/4 | €7,386 | €12,861 | +€5,475 | +74.1% |
| Taxes, remuneration and social security | 45 | €13,158 | €22,281 | +€9,123 | +69.3% |
| Taxes | 450/3 | €1,739 | - | -€1,739 | |
| Remuneration and social security | 454/9 | €11,419 | €22,281 | +€10,861 | +95.1% |
| Other amounts payable | 47/48 | - | €139 | +€139 | |
| Accrued charges and deferred income | 492/3 | - | €1,226 | +€1,226 | |
| Turnover | 70 | €551,924 | €415,062 | -€136,862 | -24.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €221,438 | €239,484 | +€18,046 | +8.1% |
| Remuneration, social security and pensions | 62 | €226,367 | €166,608 | -€59,760 | -26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,861 | €10,717 | +€2,856 | +36.3% |
| Other operating charges | 640/8 | €471 | €1,251 | +€780 | +165.8% |
| Non-recurring operating charges | 66A | €344 | - | -€344 | |
| Gross operating margin | 9900 | €254,942 | €178,979 | -€75,963 | -29.8% |
| Operating profit (loss) | 9901 | €19,899 | €403 | -€19,496 | -98.0% |
| Financial income | 75/76B | €16 | €54 | +€38 | +237.4% |
| Recurring financial income | 75 | €16 | €54 | +€38 | +237.4% |
| Financial charges | 65/66B | €4,894 | €5,352 | +€458 | +9.4% |
| Recurring financial charges | 65 | €4,894 | €5,352 | +€458 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €15,021 | -€4,896 | -€19,917 | |
| Income taxes | 67/77 | €3,679 | - | -€3,679 | |
| Profit (loss) for the period | 9904 | €11,342 | -€4,896 | -€16,238 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,342 | -€4,896 | -€16,238 |
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 5 October 2026 via checked.be.