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CORNIL CONSULT: 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.

What changed

CORNIL CONSULT

BE 0809.883.187
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€53,606
2024 · €34,468-€88,074
Equity
€414,611
2024 · €468,217-€53,606
Cash
€348,502
2024 · €26,911+€321,591
Balance sheet total
€433,365
2024 · €494,801-€61,435

Largest movements

2024 to 2025
Assets
  • Current investments -€350,000

    down €350,000 (-100.0%), from €350,000 to €0

  • Cash +€321,591

    up €321,591 (+1195.0%), from €26,911 to €348,502

    mainly Current investments (+€350,000) and Depreciation (+€24,808)

  • Tangible fixed assets -€23,694

    down €23,694 (-26.0%), from €91,048 to €67,354

    of which Furniture and vehicles: -€20,217

  • Receivables within one year -€9,238

    down €9,238 (-35.7%), from €25,849 to €16,611

    of which Other amounts receivable: -€4,992

Equity and liabilities
  • Profit (loss) carried forward -€53,606

    down €53,606, from €20,000 to -€33,606

  • Tax, wage and social debts -€8,023

    down €8,023 (-100.0%), from €8,023 to €0

    of which Taxes: -€8,023

Income statement
  • Gross operating margin -€109,614

    down €109,614, from €65,465 to -€44,149

  • Financial income +€15,883

    up €15,883 (+8231.6%), from €193 to €16,076

  • Taxes -€13,299

    down €13,299 (-98.3%), from €13,531 to €232

  • Depreciation +€7,955

    up €7,955 (+47.2%), from €16,853 to €24,808

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €34,468
Gross operating margin -€109,614
Depreciation -€7,955
Other operating charges -€12
Financial income +€15,883
Financial charges +€326
Taxes +€13,299
Result 2025 -€53,606

Cash bridge derived

cash 2024 to 2025

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.

From operations -€27,295
Investment +€348,886
Financing €0
Cash 2024 €26,911
Net result for the year -€53,606
Depreciation +€24,808
Receivables within one year +€9,238
Smaller working-capital items -€94
Trade debts -€3,070
Tax, wage and social debts -€8,023
Other debts +€3,453
Investment in fixed assets (net) -€1,114
Current investments +€350,000
Cash 2025 €348,502
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €494,801 €433,365 -€61,435 -12.4%
Fixed assets 21/28 €91,078 €67,384 -€23,694 -26.0%
Tangible fixed assets 22/27 €91,048 €67,354 -€23,694 -26.0%
Land and buildings 22 €4,562 €3,946 -€617 -13.5%
Plant, machinery and equipment 23 €19,873 €17,013 -€2,860 -14.4%
Furniture and vehicles 24 €66,612 €46,395 -€20,217 -30.4%
Financial fixed assets 28 €30 €30 = 0.0%
Current assets 29/58 €403,723 €365,982 -€37,742 -9.3%
Amounts receivable within one year 40/41 €25,849 €16,611 -€9,238 -35.7%
Trade receivables 40 €4,245 €0 -€4,245 -100.0%
Other amounts receivable 41 €21,603 €16,611 -€4,992 -23.1%
Current investments 50/53 €350,000 €0 -€350,000 -100.0%
Cash at bank and in hand 54/58 €26,911 €348,502 +€321,591 +1195.0%
Deferred charges and accrued income 490/1 €964 €869 -€95 -9.9%
Total equity and liabilities 10/49 €494,801 €433,365 -€61,435 -12.4%
Equity 10/15 €468,217 €414,611 -€53,606 -11.4%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €435,817 €435,817 = 0.0%
Distributable reserves 133 €435,817 €435,817 = 0.0%
Profit (loss) carried forward 14 €20,000 -€33,606 -€53,606
Amounts payable 17/49 €26,584 €18,755 -€7,829 -29.5%
Amounts payable within one year 42/48 €26,584 €18,755 -€7,829 -29.5%
Trade debts 44 €4,944 €1,874 -€3,070 -62.1%
Suppliers 440/4 €4,944 €1,874 -€3,070 -62.1%
Advances received on contracts in progress 46 €189 €0 -€189 -100.0%
Taxes, remuneration and social security 45 €8,023 €0 -€8,023 -100.0%
Taxes 450/3 €8,023 €0 -€8,023 -100.0%
Remuneration and social security 454/9 €0 - =
Other amounts payable 47/48 €13,428 €16,881 +€3,453 +25.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €16,853 €24,808 +€7,955 +47.2%
Other operating charges 640/8 €387 €400 +€12 +3.2%
Gross operating margin 9900 €65,465 -€44,149 -€109,614
Operating profit (loss) 9901 €48,225 -€69,357 -€117,582
Financial income 75/76B €193 €16,076 +€15,883 +8231.6%
Recurring financial income 75 €193 €16,076 +€15,883 +8231.6%
Financial charges 65/66B €420 €94 -€326 -77.7%
Recurring financial charges 65 €420 €94 -€326 -77.7%
Profit (loss) for the period before taxes 9903 €47,998 -€53,375 -€101,373
Income taxes 67/77 €13,531 €232 -€13,299 -98.3%
Profit (loss) for the period 9904 €34,468 -€53,606 -€88,074
Profit (loss) for the period to be appropriated 9905 €34,468 -€53,606 -€88,074

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 30 September 2026 via checked.be.