CORNUS: 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.
CORNUS
Largest movements
- Receivables within one year -€12,872
down €12,872 (-26.6%), from €48,373 to €35,501
of which Other amounts receivable: -€11,183
- Stocks and contracts -€9,442
down €9,442 (-40.0%), from €23,605 to €14,163
- Cash +€1,588
up €1,588 (+597%), from €266 to €1,854
mainly Receivables within one year (+€12,872) and Stocks and contracts (+€9,442)
- Tangible fixed assets -€1,458
down €1,458 (-33.8%), from €4,311 to €2,853
of which Furniture and vehicles: -€1,070
- Trade debts -€20,732
down €20,732 (-59.0%), from €35,167 to €14,436
- Reserves -€1,060
down €1,060 (-4.2%), from €25,301 to €24,241
of which Distributable reserves: -€1,060
- Gross operating margin -€11,189
down €11,189 (-75.5%), from €14,822 to €3,633
- Staff costs -€2,657
down €2,657 (-79.8%), from €3,331 to €674
- Financial income -€949
down €949 (-39.9%), from €2,378 to €1,430
- Financial charges +€866
up €866 (+60.6%), from €1,429 to €2,295
- Taxes -€731
down €731 (-100%), from €731 to €0
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 | €76,555 | €54,371 | -€22,184 | -29.0% |
| Fixed assets | 21/28 | €4,311 | €2,853 | -€1,458 | -33.8% |
| Tangible fixed assets | 22/27 | €4,311 | €2,853 | -€1,458 | -33.8% |
| Plant, machinery and equipment | 23 | €3,241 | €2,853 | -€388 | -12.0% |
| Furniture and vehicles | 24 | €1,070 | €0 | -€1,070 | -100% |
| Current assets | 29/58 | €72,244 | €51,518 | -€20,726 | -28.7% |
| Stocks and contracts in progress | 3 | €23,605 | €14,163 | -€9,442 | -40.0% |
| Stocks | 30/36 | €23,605 | €14,163 | -€9,442 | -40.0% |
| Amounts receivable within one year | 40/41 | €48,373 | €35,501 | -€12,872 | -26.6% |
| Trade receivables | 40 | €12,347 | €10,658 | -€1,689 | -13.7% |
| Other amounts receivable | 41 | €36,026 | €24,842 | -€11,183 | -31.0% |
| Cash at bank and in hand | 54/58 | €266 | €1,854 | +€1,588 | +597% |
| Total equity and liabilities | 10/49 | €76,555 | €54,371 | -€22,184 | -29.0% |
| Equity | 10/15 | €40,201 | €39,141 | -€1,060 | -2.6% |
| Contributions | 10/11 | €14,900 | €14,900 | = | 0.0% |
| Reserves | 13 | €25,301 | €24,241 | -€1,060 | -4.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €25,301 | €24,241 | -€1,060 | -4.2% |
| Amounts payable | 17/49 | €36,354 | €15,230 | -€21,124 | -58.1% |
| Amounts payable within one year | 42/48 | €36,354 | €15,230 | -€21,124 | -58.1% |
| Trade debts | 44 | €35,167 | €14,436 | -€20,732 | -59.0% |
| Suppliers | 440/4 | €35,167 | €14,436 | -€20,732 | -59.0% |
| Taxes, remuneration and social security | 45 | €1,187 | €794 | -€392 | -33.1% |
| Taxes | 450/3 | €1,187 | €731 | -€456 | -38.4% |
| Remuneration and social security | 454/9 | €0 | €63 | +€63 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €3,331 | €674 | -€2,657 | -79.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,465 | €1,458 | -€7 | -0.5% |
| Other operating charges | 640/8 | €1,514 | €1,696 | +€182 | +12.0% |
| Non-recurring operating charges | 66A | €7,305 | €0 | -€7,305 | -100% |
| Gross operating margin | 9900 | €14,822 | €3,633 | -€11,189 | -75.5% |
| Operating profit (loss) | 9901 | €1,208 | -€194 | -€1,402 | |
| Financial income | 75/76B | €2,378 | €1,430 | -€949 | -39.9% |
| Recurring financial income | 75 | €2,378 | €1,430 | -€949 | -39.9% |
| Financial charges | 65/66B | €1,429 | €2,295 | +€866 | +60.6% |
| Recurring financial charges | 65 | €1,429 | €2,295 | +€866 | +60.6% |
| Profit (loss) for the period before taxes | 9903 | €2,156 | -€1,060 | -€3,216 | |
| Income taxes | 67/77 | €731 | €0 | -€731 | -100% |
| Profit (loss) for the period | 9904 | €1,425 | -€1,060 | -€2,485 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,425 | -€1,060 | -€2,485 |
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 13 October 2026 via checked.be.