Cornet d'or: 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.
Cornet d'or
Largest movements
- Tangible fixed assets -€2,775
down €2,775 (-42.0%), from €6,607 to €3,832
of which Plant, machinery and equipment: -€2,165
- Receivables within one year -€2,250
down €2,250 (-81.0%), from €2,778 to €528
- Cash -€1,096
down €1,096 (-60.4%), from €1,814 to €718
mainly Other debts (-€8,564)
- Other debts -€8,564
down €8,564 (-27.3%), from €31,318 to €22,754
- Profit (loss) carried forward +€2,298
up €2,298 (+8.2%), from -€27,886 to -€25,588
- Tax, wage and social debts +€145
up €145 (+54.3%), from €267 to €412
- Gross operating margin +€797
up €797 (+16.0%), from €4,966 to €5,763
- Purchases and services -€430
down €430 (-5.9%), from €7,290 to €6,860
- Turnover +€397
up €397 (+3.2%), from €12,226 to €12,623
- Depreciation -€386
down €386 (-12.2%), from €3,161 to €2,775
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 | €11,199 | €5,078 | -€6,121 | -54.7% |
| Fixed assets | 21/28 | €6,607 | €3,832 | -€2,775 | -42.0% |
| Tangible fixed assets | 22/27 | €6,607 | €3,832 | -€2,775 | -42.0% |
| Land and buildings | 22 | €3,051 | €2,441 | -€610 | -20.0% |
| Plant, machinery and equipment | 23 | €3,556 | €1,391 | -€2,165 | -60.9% |
| Current assets | 29/58 | €4,592 | €1,246 | -€3,346 | -72.9% |
| Amounts receivable within one year | 40/41 | €2,778 | €528 | -€2,250 | -81.0% |
| Trade receivables | 40 | €2,778 | €528 | -€2,250 | -81.0% |
| Cash at bank and in hand | 54/58 | €1,814 | €718 | -€1,096 | -60.4% |
| Total equity and liabilities | 10/49 | €11,199 | €5,078 | -€6,121 | -54.7% |
| Equity | 10/15 | -€20,386 | -€18,088 | +€2,298 | +11.3% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,886 | -€25,588 | +€2,298 | +8.2% |
| Amounts payable | 17/49 | €31,585 | €23,166 | -€8,419 | -26.7% |
| Amounts payable within one year | 42/48 | €31,585 | €23,166 | -€8,419 | -26.7% |
| Taxes, remuneration and social security | 45 | €267 | €412 | +€145 | +54.3% |
| Taxes | 450/3 | €267 | €412 | +€145 | +54.3% |
| Other amounts payable | 47/48 | €31,318 | €22,754 | -€8,564 | -27.3% |
| Turnover | 70 | €12,226 | €12,623 | +€397 | +3.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,290 | €6,860 | -€430 | -5.9% |
| Remuneration, social security and pensions | 62 | -€48 | - | +€48 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,161 | €2,775 | -€386 | -12.2% |
| Other operating charges | 640/8 | €588 | €607 | +€19 | +3.2% |
| Gross operating margin | 9900 | €4,966 | €5,763 | +€797 | +16.0% |
| Operating profit (loss) | 9901 | €1,265 | €2,381 | +€1,116 | +88.2% |
| Financial charges | 65/66B | €81 | €83 | +€2 | +2.5% |
| Recurring financial charges | 65 | €81 | €83 | +€2 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €1,184 | €2,298 | +€1,114 | +94.1% |
| Profit (loss) for the period | 9904 | €1,184 | €2,298 | +€1,114 | +94.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,184 | €2,298 | +€1,114 | +94.1% |
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.