CORNET: 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.
CORNET
Largest movements
- Deferred charges and accrued income -€17,051
no longer reported in 2024 (was €17,051)
- Cash +€11,619
up €11,619 (+522%), from €2,228 to €13,847
mainly Trade debts (+€29,898) and Deferred charges and accrued income (+€17,051)
- Trade debts +€29,898
up €29,898 (+1,481%), from €2,019 to €31,917
- Profit (loss) carried forward -€26,952
down €26,952 (-10.6%), from €255,152 to €228,200
- Tax, wage and social debts -€14,317
no longer reported in 2024 (was €14,317)
- Short-term financial debts +€5,101
up €5,101 (+100%), from €5,101 to €10,202
- Gross operating margin -€29,178
down €29,178, from €10,938 to -€18,241
- Taxes +€8,220
new in 2024: €8,220
- Other operating charges -€1,171
down €1,171 (-84.1%), from €1,392 to €222
- Staff costs -€609
no longer reported in 2024 (was €609)
- Financial charges -€443
down €443 (-68.2%), from €650 to €207
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.
Derived cash bridge
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 | €331,273 | €325,004 | -€6,270 | -1.9% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €331,273 | €325,004 | -€6,270 | -1.9% |
| Amounts receivable within one year | 40/41 | €311,995 | €311,157 | -€838 | -0.3% |
| Trade receivables | 40 | - | €30,711 | +€30,711 | |
| Other amounts receivable | 41 | €311,995 | €280,445 | -€31,550 | -10.1% |
| Cash at bank and in hand | 54/58 | €2,228 | €13,847 | +€11,619 | +522% |
| Deferred charges and accrued income | 490/1 | €17,051 | - | -€17,051 | |
| Total equity and liabilities | 10/49 | €331,273 | €325,004 | -€6,270 | -1.9% |
| Equity | 10/15 | €263,212 | €236,260 | -€26,952 | -10.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €255,152 | €228,200 | -€26,952 | -10.6% |
| Amounts payable | 17/49 | €68,062 | €88,744 | +€20,682 | +30.4% |
| Amounts payable after more than one year | 17 | €44,095 | €44,095 | = | 0.0% |
| Other amounts payable | 178/9 | €44,095 | €44,095 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,967 | €44,649 | +€20,682 | +86.3% |
| Current portion of amounts payable after more than one year | 42 | €2,530 | €2,530 | = | 0.0% |
| Financial debts | 43 | €5,101 | €10,202 | +€5,101 | +100% |
| Credit institutions | 430/8 | €5,101 | €10,202 | +€5,101 | +100% |
| Trade debts | 44 | €2,019 | €31,917 | +€29,898 | +1,481% |
| Suppliers | 440/4 | €2,019 | €31,917 | +€29,898 | +1,481% |
| Taxes, remuneration and social security | 45 | €14,317 | - | -€14,317 | |
| Taxes | 450/3 | €14,317 | - | -€14,317 | |
| Non-recurring operating income | 76A | €19,461 | - | -€19,461 | |
| Remuneration, social security and pensions | 62 | €609 | - | -€609 | |
| Other operating charges | 640/8 | €1,392 | €222 | -€1,171 | -84.1% |
| Non-recurring operating charges | 66A | €171 | €63 | -€108 | -63.2% |
| Gross operating margin | 9900 | €10,938 | -€18,241 | -€29,178 | |
| Operating profit (loss) | 9901 | €8,766 | -€18,525 | -€27,291 | |
| Financial charges | 65/66B | €650 | €207 | -€443 | -68.2% |
| Recurring financial charges | 65 | €650 | €207 | -€443 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | €8,116 | -€18,732 | -€26,848 | |
| Income taxes | 67/77 | - | €8,220 | +€8,220 | |
| Profit (loss) for the period | 9904 | €8,116 | -€26,952 | -€35,067 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,116 | -€26,952 | -€35,067 |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.