CORNUS-PLANT: 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-PLANT
Largest movements
- Tangible fixed assets -€12,507
down €12,507 (-35.7%), from €35,006 to €22,499
of which Land and buildings: -€15,125
- Stocks and contracts -€12,064
down €12,064 (-21.4%), from €56,302 to €44,238
- Receivables within one year -€10,711
down €10,711 (-8.4%), from €127,427 to €116,717
of which Trade receivables: -€19,730
- Cash +€4,510
up €4,510 (+16.8%), from €26,900 to €31,410
mainly Advances received (+€33,600) and Depreciation (+€17,107)
- Profit (loss) carried forward -€59,150
down €59,150, from €43,372 to -€15,778
- Advances received +€33,600
new in 2023: €33,600
- Debts after one year -€32,858
down €32,858 (-60.3%), from €54,511 to €21,653
- Tax, wage and social debts +€14,694
up €14,694 (+61.6%), from €23,848 to €38,541
of which Remuneration and social security: +€11,018
- Trade debts +€13,160
up €13,160 (+17.4%), from €75,777 to €88,937
- Gross operating margin -€32,973
down €32,973 (-41.5%), from €79,385 to €46,412
- Staff costs +€32,830
up €32,830 (+82.6%), from €39,746 to €72,577
- Financial charges -€3,648
down €3,648 (-39.7%), from €9,185 to €5,537
- Taxes -€2,980
no longer reported in 2023 (was €2,980)
- Financial income +€1,240
up €1,240 (+31.0%), from €4,002 to €5,242
of which Financial income: +€3,594
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €251,997 | €220,467 | -€31,530 | -12.5% |
| Fixed assets | 21/28 | €40,212 | €27,704 | -€12,507 | -31.1% |
| Tangible fixed assets | 22/27 | €35,006 | €22,499 | -€12,507 | -35.7% |
| Land and buildings | 22 | €31,809 | €16,684 | -€15,125 | -47.5% |
| Plant, machinery and equipment | 23 | €2,413 | €5,531 | +€3,118 | +129% |
| Furniture and vehicles | 24 | €784 | €284 | -€500 | -63.8% |
| Financial fixed assets | 28 | €5,206 | €5,206 | = | 0.0% |
| Current assets | 29/58 | €211,785 | €192,763 | -€19,022 | -9.0% |
| Stocks and contracts in progress | 3 | €56,302 | €44,238 | -€12,064 | -21.4% |
| Stocks | 30/36 | €56,302 | €44,238 | -€12,064 | -21.4% |
| Amounts receivable within one year | 40/41 | €127,427 | €116,717 | -€10,711 | -8.4% |
| Trade receivables | 40 | €37,411 | €17,680 | -€19,730 | -52.7% |
| Other amounts receivable | 41 | €90,017 | €99,037 | +€9,020 | +10.0% |
| Cash at bank and in hand | 54/58 | €26,900 | €31,410 | +€4,510 | +16.8% |
| Deferred charges and accrued income | 490/1 | €1,156 | €398 | -€758 | -65.5% |
| Total equity and liabilities | 10/49 | €251,997 | €220,467 | -€31,530 | -12.5% |
| Equity | 10/15 | €64,028 | €4,878 | -€59,150 | -92.4% |
| Contributions | 10/11 | €14,212 | €14,212 | = | 0.0% |
| Reserves | 13 | €6,444 | €6,444 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,584 | €4,584 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,372 | -€15,778 | -€59,150 | |
| Amounts payable | 17/49 | €187,969 | €215,589 | +€27,620 | +14.7% |
| Amounts payable after more than one year | 17 | €54,511 | €21,653 | -€32,858 | -60.3% |
| Financial debts | 170/4 | €54,511 | €21,653 | -€32,858 | -60.3% |
| Amounts payable within one year | 42/48 | €133,458 | €193,936 | +€60,478 | +45.3% |
| Current portion of amounts payable after more than one year | 42 | €33,834 | €32,858 | -€976 | -2.9% |
| Trade debts | 44 | €75,777 | €88,937 | +€13,160 | +17.4% |
| Suppliers | 440/4 | €75,777 | €88,937 | +€13,160 | +17.4% |
| Advances received on contracts in progress | 46 | - | €33,600 | +€33,600 | |
| Taxes, remuneration and social security | 45 | €23,848 | €38,541 | +€14,694 | +61.6% |
| Taxes | 450/3 | €10,469 | €14,144 | +€3,675 | +35.1% |
| Remuneration and social security | 454/9 | €13,379 | €24,398 | +€11,018 | +82.4% |
| Remuneration, social security and pensions | 62 | €39,746 | €72,577 | +€32,830 | +82.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,481 | €17,107 | +€626 | +3.8% |
| Other operating charges | 640/8 | €1,612 | €2,613 | +€1,001 | +62.1% |
| Non-recurring operating charges | 66A | €6,044 | €12,969 | +€6,925 | +115% |
| Gross operating margin | 9900 | €79,385 | €46,412 | -€32,973 | -41.5% |
| Operating profit (loss) | 9901 | €15,502 | -€58,854 | -€74,356 | |
| Financial income | 75/76B | €4,002 | €5,242 | +€1,240 | +31.0% |
| Recurring financial income | 75 | €1,414 | €5,008 | +€3,594 | +254% |
| Non-recurring financial income | 76B | €2,588 | €234 | -€2,353 | -90.9% |
| Financial charges | 65/66B | €9,185 | €5,537 | -€3,648 | -39.7% |
| Recurring financial charges | 65 | €9,185 | €5,537 | -€3,648 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €10,318 | -€59,150 | -€69,468 | |
| Income taxes | 67/77 | €2,980 | - | -€2,980 | |
| Profit (loss) for the period | 9904 | €7,338 | -€59,150 | -€66,487 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,338 | -€59,150 | -€66,487 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.