CORNING BELGIUM: 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.
CORNING BELGIUM
Largest movements
- Cash +€67,121
up €67,121 (+32.1%), from €208,935 to €276,056
mainly Tax, wage and social debts (+€58,124) and Trade debts (+€38,753)
- Receivables within one year +€29,438
up €29,438 (+7.0%), from €418,307 to €447,746
of which Trade receivables: +€34,803
- Tax, wage and social debts +€58,124
up €58,124 (+95.6%), from €60,822 to €118,946
of which Remuneration and social security: +€46,843
- Trade debts +€38,753
up €38,753 (+24.8%), from €156,453 to €195,206
- Staff costs +€121,598
up €121,598 (+34.9%), from €348,091 to €469,688
- Gross operating margin +€88,437
up €88,437 (+23.0%), from €385,163 to €473,601
- Taxes -€9,441
down €9,441 (-72.2%), from €13,069 to €3,628
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 | €630,014 | €726,779 | +€96,766 | +15.4% |
| Current assets | 29/58 | €630,014 | €726,779 | +€96,766 | +15.4% |
| Amounts receivable within one year | 40/41 | €418,307 | €447,746 | +€29,438 | +7.0% |
| Trade receivables | 40 | €312,431 | €347,234 | +€34,803 | +11.1% |
| Other amounts receivable | 41 | €105,876 | €100,512 | -€5,365 | -5.1% |
| Cash at bank and in hand | 54/58 | €208,935 | €276,056 | +€67,121 | +32.1% |
| Deferred charges and accrued income | 490/1 | €2,772 | €2,978 | +€206 | +7.4% |
| Total equity and liabilities | 10/49 | €630,014 | €726,779 | +€96,766 | +15.4% |
| Equity | 10/15 | €412,739 | €412,628 | -€111 | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €392,334 | €392,223 | -€111 | 0.0% |
| Amounts payable | 17/49 | €217,275 | €314,152 | +€96,877 | +44.6% |
| Amounts payable within one year | 42/48 | €217,275 | €314,152 | +€96,877 | +44.6% |
| Trade debts | 44 | €156,453 | €195,206 | +€38,753 | +24.8% |
| Suppliers | 440/4 | €156,453 | €195,206 | +€38,753 | +24.8% |
| Taxes, remuneration and social security | 45 | €60,822 | €118,946 | +€58,124 | +95.6% |
| Taxes | 450/3 | - | €11,282 | +€11,282 | |
| Remuneration and social security | 454/9 | €60,822 | €107,664 | +€46,843 | +77.0% |
| Remuneration, social security and pensions | 62 | €348,091 | €469,688 | +€121,598 | +34.9% |
| Other operating charges | 640/8 | €335 | €353 | +€18 | +5.4% |
| Gross operating margin | 9900 | €385,163 | €473,601 | +€88,437 | +23.0% |
| Operating profit (loss) | 9901 | €36,738 | €3,560 | -€33,178 | -90.3% |
| Financial income | 75/76B | €7,601 | €5,181 | -€2,420 | -31.8% |
| Recurring financial income | 75 | €7,601 | €5,181 | -€2,420 | -31.8% |
| Financial charges | 65/66B | €4,373 | €5,225 | +€852 | +19.5% |
| Recurring financial charges | 65 | €4,373 | €5,225 | +€852 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | €39,966 | €3,517 | -€36,450 | -91.2% |
| Income taxes | 67/77 | €13,069 | €3,628 | -€9,441 | -72.2% |
| Profit (loss) for the period | 9904 | €26,897 | -€111 | -€27,009 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,897 | -€111 | -€27,009 |
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 21 October 2026 via checked.be.