CORNIL: 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.
CORNIL
Largest movements
- Cash +€24,296
up €24,296 (+24.2%), from €100,381 to €124,676
mainly Net result for the year (+€30,519) and Depreciation (+€24,405)
- Tangible fixed assets -€23,311
down €23,311 (-25.2%), from €92,439 to €69,128
of which Furniture and vehicles: -€21,712
- Receivables within one year +€3,569
up €3,569 (+37.1%), from €9,625 to €13,193
of which Other amounts receivable: +€5,266
- Reserves +€10,519
up €10,519 (+6.3%), from €165,734 to €176,253
- Financial income -€14,915
down €14,915 (-98.1%), from €15,200 to €285
of which Non-recurring financial income: -€15,000
- Taxes -€5,171
down €5,171 (-20.1%), from €25,685 to €20,514
- Depreciation +€4,947
up €4,947 (+25.4%), from €19,458 to €24,405
- Gross operating margin -€3,519
down €3,519 (-4.2%), from €84,716 to €81,197
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 | €203,469 | €208,928 | +€5,459 | +2.7% |
| Fixed assets | 21/28 | €92,483 | €69,171 | -€23,311 | -25.2% |
| Tangible fixed assets | 22/27 | €92,439 | €69,128 | -€23,311 | -25.2% |
| Land and buildings | 22 | €32,394 | €30,794 | -€1,600 | -4.9% |
| Furniture and vehicles | 24 | €60,046 | €38,334 | -€21,712 | -36.2% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €110,986 | €139,757 | +€28,771 | +25.9% |
| Amounts receivable within one year | 40/41 | €9,625 | €13,193 | +€3,569 | +37.1% |
| Trade receivables | 40 | €7,810 | €6,112 | -€1,697 | -21.7% |
| Other amounts receivable | 41 | €1,815 | €7,081 | +€5,266 | +290% |
| Cash at bank and in hand | 54/58 | €100,381 | €124,676 | +€24,296 | +24.2% |
| Deferred charges and accrued income | 490/1 | €981 | €1,888 | +€906 | +92.4% |
| Total equity and liabilities | 10/49 | €203,469 | €208,928 | +€5,459 | +2.7% |
| Equity | 10/15 | €184,334 | €194,853 | +€10,519 | +5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €165,734 | €176,253 | +€10,519 | +6.3% |
| Distributable reserves | 133 | €165,734 | €176,253 | +€10,519 | +6.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,136 | €14,076 | -€5,060 | -26.4% |
| Amounts payable after more than one year | 17 | €222 | €339 | +€117 | +52.9% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €222 | €339 | +€117 | +52.9% |
| Amounts payable within one year | 42/48 | €17,414 | €13,737 | -€3,677 | -21.1% |
| Current portion of amounts payable after more than one year | 42 | €1,705 | €0 | -€1,705 | -100% |
| Financial debts | 43 | €10,417 | €10,417 | = | 0.0% |
| Credit institutions | 430/8 | €10,417 | €10,417 | = | 0.0% |
| Trade debts | 44 | €2,890 | €2,429 | -€460 | -15.9% |
| Suppliers | 440/4 | €2,890 | €2,429 | -€460 | -15.9% |
| Taxes, remuneration and social security | 45 | €2,402 | €891 | -€1,511 | -62.9% |
| Taxes | 450/3 | €2,402 | €891 | -€1,511 | -62.9% |
| Accrued charges and deferred income | 492/3 | €1,500 | €0 | -€1,500 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,458 | €24,405 | +€4,947 | +25.4% |
| Other operating charges | 640/8 | €3,619 | €3,455 | -€164 | -4.5% |
| Gross operating margin | 9900 | €84,716 | €81,197 | -€3,519 | -4.2% |
| Operating profit (loss) | 9901 | €61,639 | €53,337 | -€8,302 | -13.5% |
| Financial income | 75/76B | €15,200 | €285 | -€14,915 | -98.1% |
| Recurring financial income | 75 | €200 | €285 | +€85 | +42.3% |
| Non-recurring financial income | 76B | €15,000 | €0 | -€15,000 | -100% |
| Financial charges | 65/66B | €2,558 | €2,589 | +€30 | +1.2% |
| Recurring financial charges | 65 | €2,558 | €2,589 | +€30 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €74,280 | €51,033 | -€23,247 | -31.3% |
| Income taxes | 67/77 | €25,685 | €20,514 | -€5,171 | -20.1% |
| Profit (loss) for the period | 9904 | €48,595 | €30,519 | -€18,076 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,595 | €30,519 | -€18,076 | -37.2% |
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 14 October 2026 via checked.be.