CORNILLE J.P.: 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.
CORNILLE J.P.
Largest movements
- Financial fixed assets -€194,146
down €194,146 (-99.9%), from €194,326 to €180
- Cash +€169,992
up €169,992 (+179.2%), from €94,835 to €264,827
mainly Investment in fixed assets (net) (+€189,293) and Receivables within one year (+€77,572)
- Receivables within one year -€77,572
down €77,572 (-79.3%), from €97,856 to €20,284
of which Other amounts receivable: -€57,525
- Deferred charges and accrued income -€8,874
no longer reported in 2024 (was €8,874)
- Stocks and contracts -€4,802
no longer reported in 2024 (was €4,802)
- Reserves -€65,000
down €65,000 (-67.9%), from €95,732 to €30,732
of which Distributable reserves: -€65,000
- Trade debts -€24,153
down €24,153 (-53.6%), from €45,047 to €20,895
- Profit (loss) carried forward -€21,298
down €21,298 (-8.7%), from €245,236 to €223,938
- Gross operating margin -€20,243
down €20,243, from €12,768 to -€7,474
- Staff costs -€13,454
down €13,454 (-85.0%), from €15,836 to €2,382
- Other operating charges +€6,435
up €6,435 (+2013.9%), from €320 to €6,755
- Financial income +€6,195
up €6,195 (+739.5%), from €838 to €7,032
- Taxes +€5,334
up €5,334, from -€140 to €5,195
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €417,839 | €302,569 | -€115,270 | -27.6% |
| Fixed assets | 21/28 | €211,472 | €17,458 | -€194,014 | -91.7% |
| Intangible fixed assets | 21 | €78 | €0 | -€78 | -100.0% |
| Tangible fixed assets | 22/27 | €17,067 | €17,278 | +€211 | +1.2% |
| Land and buildings | 22 | €4,088 | €3,954 | -€134 | -3.3% |
| Plant, machinery and equipment | 23 | €4,227 | €2,886 | -€1,341 | -31.7% |
| Furniture and vehicles | 24 | €8,752 | €10,438 | +€1,685 | +19.3% |
| Financial fixed assets | 28 | €194,326 | €180 | -€194,146 | -99.9% |
| Current assets | 29/58 | €206,367 | €285,111 | +€78,744 | +38.2% |
| Stocks and contracts in progress | 3 | €4,802 | - | -€4,802 | |
| Stocks | 30/36 | €4,802 | - | -€4,802 | |
| Amounts receivable within one year | 40/41 | €97,856 | €20,284 | -€77,572 | -79.3% |
| Trade receivables | 40 | €32,776 | €12,729 | -€20,047 | -61.2% |
| Other amounts receivable | 41 | €65,080 | €7,556 | -€57,525 | -88.4% |
| Cash at bank and in hand | 54/58 | €94,835 | €264,827 | +€169,992 | +179.2% |
| Deferred charges and accrued income | 490/1 | €8,874 | - | -€8,874 | |
| Total equity and liabilities | 10/49 | €417,839 | €302,569 | -€115,270 | -27.6% |
| Equity | 10/15 | €365,969 | €279,670 | -€86,298 | -23.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €95,732 | €30,732 | -€65,000 | -67.9% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €93,232 | €28,232 | -€65,000 | -69.7% |
| Profit (loss) carried forward | 14 | €245,236 | €223,938 | -€21,298 | -8.7% |
| Amounts payable | 17/49 | €51,870 | €22,899 | -€28,971 | -55.9% |
| Amounts payable within one year | 42/48 | €51,870 | €22,899 | -€28,971 | -55.9% |
| Current portion of amounts payable after more than one year | 42 | - | €2,004 | +€2,004 | |
| Trade debts | 44 | €45,047 | €20,895 | -€24,153 | -53.6% |
| Suppliers | 440/4 | €45,047 | €20,895 | -€24,153 | -53.6% |
| Advances received on contracts in progress | 46 | €4,090 | - | -€4,090 | |
| Taxes, remuneration and social security | 45 | €533 | - | -€533 | |
| Taxes | 450/3 | €533 | - | -€533 | |
| Other amounts payable | 47/48 | €2,200 | - | -€2,200 | |
| Remuneration, social security and pensions | 62 | €15,836 | €2,382 | -€13,454 | -85.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,010 | €4,720 | +€2,710 | +134.8% |
| Other operating charges | 640/8 | €320 | €6,755 | +€6,435 | +2013.9% |
| Gross operating margin | 9900 | €12,768 | -€7,474 | -€20,243 | |
| Operating profit (loss) | 9901 | -€5,397 | -€21,331 | -€15,934 | -295.2% |
| Financial income | 75/76B | €838 | €7,032 | +€6,195 | +739.5% |
| Recurring financial income | 75 | €838 | €7,032 | +€6,195 | +739.5% |
| Financial charges | 65/66B | €1,180 | €1,805 | +€625 | +53.0% |
| Recurring financial charges | 65 | €1,180 | €1,805 | +€625 | +53.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,740 | -€16,104 | -€10,364 | -180.6% |
| Income taxes | 67/77 | -€140 | €5,195 | +€5,334 | |
| Profit (loss) for the period | 9904 | -€5,600 | -€21,298 | -€15,699 | -280.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,600 | -€21,298 | -€15,699 | -280.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.