CORNET D'FRIET: 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 D'FRIET
Largest movements
- Tangible fixed assets -€14,082
down €14,082 (-21.5%), from €65,359 to €51,278
of which Leasing and similar rights: -€12,288
- Cash +€1,455
up €1,455 (+207%), from €702 to €2,157
mainly Trade debts (+€16,789) and Depreciation (+€14,082)
- Profit (loss) carried forward -€20,786
down €20,786 (-28.2%), from -€73,800 to -€94,586
- Trade debts +€16,789
up €16,789 (+107%), from €15,749 to €32,539
- Debts after one year -€11,459
down €11,459 (-17.2%), from €66,704 to €55,245
- Other debts +€3,184
up €3,184 (+15.7%), from €20,245 to €23,429
- Tax, wage and social debts -€1,721
down €1,721 (-68.7%), from €2,506 to €785
- Gross operating margin +€75,604
up €75,604 (+130%), from €58,259 to €133,864
- Staff costs +€64,405
up €64,405 (+92.1%), from €69,952 to €134,357
- Other operating charges +€1,407
up €1,407 (+202%), from €696 to €2,102
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.
Derived cash bridge
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 | €77,151 | €63,871 | -€13,280 | -17.2% |
| Fixed assets | 21/28 | €66,064 | €51,983 | -€14,082 | -21.3% |
| Tangible fixed assets | 22/27 | €65,359 | €51,278 | -€14,082 | -21.5% |
| Plant, machinery and equipment | 23 | €2,148 | €2,035 | -€113 | -5.2% |
| Furniture and vehicles | 24 | €6,593 | €5,636 | -€958 | -14.5% |
| Leasing and similar rights | 25 | €43,296 | €31,007 | -€12,288 | -28.4% |
| Other tangible fixed assets | 26 | €13,322 | €12,599 | -€723 | -5.4% |
| Financial fixed assets | 28 | €705 | €705 | = | 0.0% |
| Current assets | 29/58 | €11,086 | €11,888 | +€802 | +7.2% |
| Stocks and contracts in progress | 3 | €4,000 | €4,000 | = | 0.0% |
| Stocks | 30/36 | €4,000 | €4,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,150 | €5,731 | -€419 | -6.8% |
| Trade receivables | 40 | €4,221 | €5,194 | +€973 | +23.1% |
| Other amounts receivable | 41 | €1,929 | €538 | -€1,392 | -72.1% |
| Cash at bank and in hand | 54/58 | €702 | €2,157 | +€1,455 | +207% |
| Deferred charges and accrued income | 490/1 | €234 | €0 | -€234 | -100% |
| Total equity and liabilities | 10/49 | €77,151 | €63,871 | -€13,280 | -17.2% |
| Equity | 10/15 | -€38,800 | -€59,586 | -€20,786 | -53.6% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,800 | -€94,586 | -€20,786 | -28.2% |
| Amounts payable | 17/49 | €115,951 | €123,457 | +€7,506 | +6.5% |
| Amounts payable after more than one year | 17 | €66,704 | €55,245 | -€11,459 | -17.2% |
| Financial debts | 170/4 | €66,704 | €55,245 | -€11,459 | -17.2% |
| Amounts payable within one year | 42/48 | €49,246 | €68,212 | +€18,965 | +38.5% |
| Current portion of amounts payable after more than one year | 42 | €10,746 | €11,459 | +€713 | +6.6% |
| Trade debts | 44 | €15,749 | €32,539 | +€16,789 | +107% |
| Suppliers | 440/4 | €15,749 | €32,539 | +€16,789 | +107% |
| Taxes, remuneration and social security | 45 | €2,506 | €785 | -€1,721 | -68.7% |
| Remuneration and social security | 454/9 | €2,506 | €785 | -€1,721 | -68.7% |
| Other amounts payable | 47/48 | €20,245 | €23,429 | +€3,184 | +15.7% |
| Remuneration, social security and pensions | 62 | €69,952 | €134,357 | +€64,405 | +92.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,071 | €14,082 | +€10 | +0.1% |
| Other operating charges | 640/8 | €696 | €2,102 | +€1,407 | +202% |
| Gross operating margin | 9900 | €58,259 | €133,864 | +€75,604 | +130% |
| Operating profit (loss) | 9901 | -€26,460 | -€16,677 | +€9,782 | +37.0% |
| Financial charges | 65/66B | €5,259 | €4,108 | -€1,150 | -21.9% |
| Recurring financial charges | 65 | €5,259 | €4,108 | -€1,150 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | -€31,718 | -€20,786 | +€10,933 | +34.5% |
| Profit (loss) for the period | 9904 | -€31,718 | -€20,786 | +€10,933 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,718 | -€20,786 | +€10,933 | +34.5% |
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 25 October 2026 via checked.be.