CORNILLIE: 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.
CORNILLIE
Largest movements
- Tangible fixed assets +€58,087
up €58,087 (+832.2%), from €6,980 to €65,066
of which Furniture and vehicles: +€53,557
- Cash +€18,606
up €18,606 (+96104.1%), from €19 to €18,625
mainly Net result for the year (+€48,134) and Debts after one year (+€33,843)
- Receivables within one year +€7,811
up €7,811 (+16.4%), from €47,718 to €55,528
of which Trade receivables: +€26,627
- Reserves +€41,427
up €41,427 (+262.4%), from €15,785 to €57,213
of which Distributable reserves: +€41,427
- Debts after one year +€33,843
new in 2025: €33,843
- Short-term financial debts -€18,896
down €18,896 (-100.0%), from €18,896 to €0
- Current portion of long-term debt +€16,157
new in 2025: €16,157
- Profit (loss) carried forward +€6,707
up €6,707, from -€6,707 to €0
- Gross operating margin +€97,254
up €97,254 (+597.1%), from €16,287 to €113,541
- Taxes +€5,743
up €5,743 (+771.7%), from €744 to €6,487
- Staff costs +€3,817
up €3,817 (+8.0%), from €47,821 to €51,637
- Financial charges -€1,662
down €1,662 (-66.0%), from €2,518 to €856
- Other operating charges -€1,556
down €1,556 (-37.5%), from €4,151 to €2,595
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 | €58,717 | €143,888 | +€85,171 | +145.1% |
| Fixed assets | 21/28 | €6,980 | €65,066 | +€58,087 | +832.2% |
| Tangible fixed assets | 22/27 | €6,980 | €65,066 | +€58,087 | +832.2% |
| Plant, machinery and equipment | 23 | €1,297 | €911 | -€386 | -29.8% |
| Furniture and vehicles | 24 | €146 | €53,702 | +€53,557 | +36760.6% |
| Other tangible fixed assets | 26 | €5,537 | €10,453 | +€4,916 | +88.8% |
| Current assets | 29/58 | €51,738 | €78,822 | +€27,084 | +52.3% |
| Amounts receivable within one year | 40/41 | €47,718 | €55,528 | +€7,811 | +16.4% |
| Trade receivables | 40 | €19,039 | €45,667 | +€26,627 | +139.9% |
| Other amounts receivable | 41 | €28,678 | €9,861 | -€18,817 | -65.6% |
| Cash at bank and in hand | 54/58 | €19 | €18,625 | +€18,606 | +96104.1% |
| Deferred charges and accrued income | 490/1 | €4,001 | €4,669 | +€668 | +16.7% |
| Total equity and liabilities | 10/49 | €58,717 | €143,888 | +€85,171 | +145.1% |
| Equity | 10/15 | €27,671 | €75,805 | +€48,134 | +174.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €15,785 | €57,213 | +€41,427 | +262.4% |
| Tax-exempt reserves | 132 | €15,785 | €15,785 | = | 0.0% |
| Distributable reserves | 133 | €0 | €41,427 | +€41,427 | |
| Profit (loss) carried forward | 14 | -€6,707 | €0 | +€6,707 | |
| Amounts payable | 17/49 | €31,047 | €68,083 | +€37,037 | +119.3% |
| Amounts payable after more than one year | 17 | - | €33,843 | +€33,843 | |
| Financial debts | 170/4 | - | €33,843 | +€33,843 | |
| Amounts payable within one year | 42/48 | €31,047 | €34,240 | +€3,193 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | - | €16,157 | +€16,157 | |
| Financial debts | 43 | €18,896 | €0 | -€18,896 | -100.0% |
| Credit institutions | 430/8 | €18,896 | €0 | -€18,896 | -100.0% |
| Trade debts | 44 | €10,126 | €9,089 | -€1,037 | -10.2% |
| Suppliers | 440/4 | €10,126 | €9,089 | -€1,037 | -10.2% |
| Taxes, remuneration and social security | 45 | €2,025 | €8,517 | +€6,492 | +320.6% |
| Taxes | 450/3 | €2,025 | €7,040 | +€5,015 | +247.7% |
| Remuneration and social security | 454/9 | - | €1,476 | +€1,476 | |
| Other amounts payable | 47/48 | - | €478 | +€478 | |
| Non-recurring operating income | 76A | - | €4,800 | +€4,800 | |
| Remuneration, social security and pensions | 62 | €47,821 | €51,637 | +€3,817 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,653 | €3,832 | +€1,179 | +44.4% |
| Other operating charges | 640/8 | €4,151 | €2,595 | -€1,556 | -37.5% |
| Gross operating margin | 9900 | €16,287 | €113,541 | +€97,254 | +597.1% |
| Operating profit (loss) | 9901 | -€38,338 | €55,477 | +€93,815 | |
| Financial income | 75/76B | €5 | €1 | -€4 | -80.4% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -80.4% |
| Financial charges | 65/66B | €2,518 | €856 | -€1,662 | -66.0% |
| Recurring financial charges | 65 | €2,518 | €856 | -€1,662 | -66.0% |
| Profit (loss) for the period before taxes | 9903 | -€40,851 | €54,622 | +€95,472 | |
| Income taxes | 67/77 | €744 | €6,487 | +€5,743 | +771.7% |
| Profit (loss) for the period | 9904 | -€41,595 | €48,134 | +€89,729 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,595 | €48,134 | +€89,729 |
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 4 October 2026 via checked.be.