CORNERS PROPERTIES: 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.
CORNERS PROPERTIES
Largest movements
- Tangible fixed assets +€3.9m
up €3.9m (+82.7%), from €4.7m to €8.5m
of which Land and buildings: +€2.9m
- Debts after one year +€3.1m
up €3.1m (+101.6%), from €3.0m to €6.1m
- Other debts +€1.0m
up €1.0m (+1532.3%), from €65,663 to €1.1m
- Profit (loss) carried forward -€496,317
down €496,317 (-107.7%), from -€460,901 to -€957,218
- Contributions +€150,000
up €150,000 (+15.1%), from €990,804 to €1.1m
- Current portion of long-term debt +€141,202
up €141,202 (+113.5%), from €124,438 to €265,639
- Depreciation +€111,480
up €111,480 (+56.7%), from €196,593 to €308,072
- Gross operating margin +€55,375
up €55,375 (+41.0%), from €134,919 to €190,294
- Financial charges +€37,674
up €37,674 (+32.6%), from €115,592 to €153,266
- Other operating charges -€35,812
down €35,812 (-60.0%), from €59,686 to €23,874
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 | €4,709,574 | €8,616,173 | +€3.9m | +83.0% |
| Fixed assets | 21/28 | €4,678,921 | €8,549,124 | +€3.9m | +82.7% |
| Tangible fixed assets | 22/27 | €4,678,921 | €8,549,124 | +€3.9m | +82.7% |
| Land and buildings | 22 | €3,883,748 | €6,781,816 | +€2.9m | +74.6% |
| Furniture and vehicles | 24 | €147,150 | €224,163 | +€77,013 | +52.3% |
| Other tangible fixed assets | 26 | €648,023 | €1,543,146 | +€895,122 | +138.1% |
| Current assets | 29/58 | €30,653 | €67,049 | +€36,396 | +118.7% |
| Amounts receivable within one year | 40/41 | €19,352 | €34,760 | +€15,408 | +79.6% |
| Trade receivables | 40 | €5,710 | €34,760 | +€29,050 | +508.8% |
| Other amounts receivable | 41 | €13,642 | - | -€13,642 | |
| Cash at bank and in hand | 54/58 | €10,533 | €32,289 | +€21,756 | +206.6% |
| Deferred charges and accrued income | 490/1 | €768 | - | -€768 | |
| Total equity and liabilities | 10/49 | €4,709,574 | €8,616,173 | +€3.9m | +83.0% |
| Equity | 10/15 | €1,444,903 | €1,098,586 | -€346,317 | -24.0% |
| Contributions | 10/11 | €990,804 | €1,140,804 | +€150,000 | +15.1% |
| Revaluation surpluses | 12 | €915,000 | €915,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€460,901 | -€957,218 | -€496,317 | -107.7% |
| Amounts payable | 17/49 | €3,264,672 | €7,517,587 | +€4.3m | +130.3% |
| Amounts payable after more than one year | 17 | €3,048,366 | €6,144,029 | +€3.1m | +101.6% |
| Financial debts | 170/4 | €3,048,366 | €6,144,029 | +€3.1m | +101.6% |
| Amounts payable within one year | 42/48 | €216,305 | €1,373,558 | +€1.2m | +535.0% |
| Current portion of amounts payable after more than one year | 42 | €124,438 | €265,639 | +€141,202 | +113.5% |
| Trade debts | 44 | €26,204 | €36,113 | +€9,908 | +37.8% |
| Suppliers | 440/4 | €26,204 | €36,113 | +€9,908 | +37.8% |
| Other amounts payable | 47/48 | €65,663 | €1,071,806 | +€1.0m | +1532.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €196,593 | €308,072 | +€111,480 | +56.7% |
| Other operating charges | 640/8 | €59,686 | €23,874 | -€35,812 | -60.0% |
| Gross operating margin | 9900 | €134,919 | €190,294 | +€55,375 | +41.0% |
| Operating profit (loss) | 9901 | -€121,360 | -€141,652 | -€20,292 | -16.7% |
| Financial income | 75/76B | €75 | €127 | +€52 | +69.1% |
| Recurring financial income | 75 | €75 | €127 | +€52 | +69.1% |
| Financial charges | 65/66B | €115,592 | €153,266 | +€37,674 | +32.6% |
| Recurring financial charges | 65 | €115,592 | €153,266 | +€37,674 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | -€236,877 | -€294,791 | -€57,914 | -24.4% |
| Profit (loss) for the period | 9904 | -€236,877 | -€294,791 | -€57,914 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€236,877 | -€294,791 | -€57,914 | -24.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.