CORNIAUD & CO: 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.
CORNIAUD & CO
Largest movements
- Receivables within one year -€67,986
down €67,986 (-40.2%), from €169,260 to €101,274
of which Trade receivables: -€57,013
- Deferred charges and accrued income +€25,624
up €25,624 (+36.9%), from €69,358 to €94,982
- Tangible fixed assets +€8,246
up €8,246 (+17.5%), from €47,070 to €55,316
of which Furniture and vehicles: +€10,441
- Tax, wage and social debts -€19,420
down €19,420 (-47.5%), from €40,897 to €21,476
of which Taxes: -€15,756
- Profit (loss) carried forward -€7,831
down €7,831 (-8.9%), from €87,706 to €79,876
- Current portion of long-term debt -€4,727
down €4,727 (-23.8%), from €19,890 to €15,163
- Trade debts -€4,580
down €4,580 (-24.4%), from €18,760 to €14,180
- Accrued charges and deferred income +€3,541
up €3,541 (+193%), from €1,838 to €5,378
- Other operating charges -€105,739
down €105,739 (-98.6%), from €107,289 to €1,550
- Gross operating margin -€51,445
down €51,445 (-38.1%), from €134,939 to €83,494
- Financial charges +€5,151
up €5,151 (+100%), from €5,126 to €10,277
- Taxes +€3,532
up €3,532, from -€3,242 to €290
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 | €304,117 | €272,138 | -€31,979 | -10.5% |
| Fixed assets | 21/28 | €47,210 | €55,456 | +€8,246 | +17.5% |
| Tangible fixed assets | 22/27 | €47,070 | €55,316 | +€8,246 | +17.5% |
| Land and buildings | 22 | €5,562 | €4,830 | -€732 | -13.2% |
| Plant, machinery and equipment | 23 | €6,104 | €3,937 | -€2,167 | -35.5% |
| Furniture and vehicles | 24 | €27,396 | €37,836 | +€10,441 | +38.1% |
| Other tangible fixed assets | 26 | €8,008 | €7,167 | -€841 | -10.5% |
| Assets under construction and advance payments | 27 | - | €1,546 | +€1,546 | |
| Financial fixed assets | 28 | €140 | €140 | = | 0.0% |
| Current assets | 29/58 | €256,907 | €216,682 | -€40,225 | -15.7% |
| Amounts receivable within one year | 40/41 | €169,260 | €101,274 | -€67,986 | -40.2% |
| Trade receivables | 40 | €146,577 | €89,564 | -€57,013 | -38.9% |
| Other amounts receivable | 41 | €22,682 | €11,710 | -€10,973 | -48.4% |
| Cash at bank and in hand | 54/58 | €18,289 | €20,426 | +€2,137 | +11.7% |
| Deferred charges and accrued income | 490/1 | €69,358 | €94,982 | +€25,624 | +36.9% |
| Total equity and liabilities | 10/49 | €304,117 | €272,138 | -€31,979 | -10.5% |
| Equity | 10/15 | €136,702 | €128,871 | -€7,831 | -5.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €42,798 | €42,798 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100% |
| Tax-exempt reserves | 132 | €34,300 | €34,300 | = | 0.0% |
| Distributable reserves | 133 | €6,639 | €8,498 | +€1,859 | +28.0% |
| Profit (loss) carried forward | 14 | €87,706 | €79,876 | -€7,831 | -8.9% |
| Amounts payable | 17/49 | €167,415 | €143,266 | -€24,149 | -14.4% |
| Amounts payable after more than one year | 17 | €86,031 | €85,000 | -€1,031 | -1.2% |
| Financial debts | 170/4 | €86,031 | €85,000 | -€1,031 | -1.2% |
| Amounts payable within one year | 42/48 | €79,547 | €52,888 | -€26,658 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €19,890 | €15,163 | -€4,727 | -23.8% |
| Trade debts | 44 | €18,760 | €14,180 | -€4,580 | -24.4% |
| Suppliers | 440/4 | €18,760 | €14,180 | -€4,580 | -24.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €40,897 | €21,476 | -€19,420 | -47.5% |
| Taxes | 450/3 | €32,337 | €16,580 | -€15,756 | -48.7% |
| Remuneration and social security | 454/9 | €8,560 | €4,896 | -€3,664 | -42.8% |
| Other amounts payable | 47/48 | - | €2,069 | +€2,069 | |
| Accrued charges and deferred income | 492/3 | €1,838 | €5,378 | +€3,541 | +193% |
| Remuneration, social security and pensions | 62 | €69,044 | €69,350 | +€306 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,956 | €9,903 | -€1,053 | -9.6% |
| Other operating charges | 640/8 | €107,289 | €1,550 | -€105,739 | -98.6% |
| Non-recurring operating charges | 66A | €1,000 | €0 | -€1,000 | -100% |
| Gross operating margin | 9900 | €134,939 | €83,494 | -€51,445 | -38.1% |
| Operating profit (loss) | 9901 | -€53,350 | €2,691 | +€56,041 | |
| Financial income | 75/76B | €1,341 | €45 | -€1,295 | -96.6% |
| Recurring financial income | 75 | €1,341 | €45 | -€1,295 | -96.6% |
| Financial charges | 65/66B | €5,126 | €10,277 | +€5,151 | +100% |
| Recurring financial charges | 65 | €5,126 | €10,277 | +€5,151 | +100% |
| Profit (loss) for the period before taxes | 9903 | -€57,135 | -€7,540 | +€49,595 | +86.8% |
| Income taxes | 67/77 | -€3,242 | €290 | +€3,532 | |
| Profit (loss) for the period | 9904 | -€53,893 | -€7,831 | +€46,063 | +85.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,893 | -€7,831 | +€46,063 | +85.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.