CORPONET: 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.
CORPONET
Largest movements
- Tangible fixed assets -€76,932
down €76,932 (-4.8%), from €1.6m to €1.5m
of which Land and buildings: -€67,862
- Cash -€46,548
down €46,548 (-46.0%), from €101,282 to €54,734
mainly Net result for the year (-€61,888) and Debts after one year (-€59,165)
- Debts after one year -€59,165
down €59,165 (-4.3%), from €1.4m to €1.3m
of which Financial debts: -€35,104
- Profit (loss) carried forward -€48,939
down €48,939 (-50.0%), from -€97,906 to -€146,845
- Financial charges +€21,022
up €21,022 (+3463.7%), from €607 to €21,629
- Gross operating margin +€4,265
up €4,265 (+8.1%), from €52,937 to €57,202
- Staff costs -€1,949
no longer reported in 2025 (was €1,949)
- Other operating charges +€1,262
up €1,262 (+10.0%), from €12,636 to €13,898
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 | €1,775,136 | €1,649,856 | -€125,280 | -7.1% |
| Fixed assets | 21/28 | €1,602,055 | €1,525,123 | -€76,932 | -4.8% |
| Tangible fixed assets | 22/27 | €1,602,055 | €1,525,123 | -€76,932 | -4.8% |
| Land and buildings | 22 | €1,551,221 | €1,483,359 | -€67,862 | -4.4% |
| Plant, machinery and equipment | 23 | €5,173 | €1,807 | -€3,366 | -65.1% |
| Furniture and vehicles | 24 | €45,662 | €39,957 | -€5,705 | -12.5% |
| Current assets | 29/58 | €173,081 | €124,734 | -€48,347 | -27.9% |
| Amounts receivable within one year | 40/41 | €71,582 | €70,000 | -€1,582 | -2.2% |
| Trade receivables | 40 | €1,582 | - | -€1,582 | |
| Other amounts receivable | 41 | €70,000 | €70,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €101,282 | €54,734 | -€46,548 | -46.0% |
| Deferred charges and accrued income | 490/1 | €217 | - | -€217 | |
| Total equity and liabilities | 10/49 | €1,775,136 | €1,649,856 | -€125,280 | -7.1% |
| Equity | 10/15 | €286,432 | €224,544 | -€61,888 | -21.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €378,138 | €365,189 | -€12,949 | -3.4% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €375,038 | €362,089 | -€12,949 | -3.5% |
| Profit (loss) carried forward | 14 | -€97,906 | -€146,845 | -€48,939 | -50.0% |
| Provisions and deferred taxes | 16 | €93,760 | €90,522 | -€3,237 | -3.5% |
| Deferred taxes | 168 | €93,760 | €90,522 | -€3,237 | -3.5% |
| Amounts payable | 17/49 | €1,394,945 | €1,334,791 | -€60,154 | -4.3% |
| Amounts payable after more than one year | 17 | €1,388,906 | €1,329,741 | -€59,165 | -4.3% |
| Financial debts | 170/4 | €814,904 | €779,800 | -€35,104 | -4.3% |
| Other amounts payable | 178/9 | €574,002 | €549,940 | -€24,061 | -4.2% |
| Amounts payable within one year | 42/48 | €6,039 | €5,050 | -€989 | -16.4% |
| Trade debts | 44 | €1,363 | €682 | -€681 | -50.0% |
| Suppliers | 440/4 | €1,363 | €682 | -€681 | -50.0% |
| Taxes, remuneration and social security | 45 | €4,676 | €4,368 | -€308 | -6.6% |
| Taxes | 450/3 | €4,676 | €4,368 | -€308 | -6.6% |
| Remuneration, social security and pensions | 62 | €1,949 | - | -€1,949 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,502 | €86,128 | -€374 | -0.4% |
| Other operating charges | 640/8 | €12,636 | €13,898 | +€1,262 | +10.0% |
| Gross operating margin | 9900 | €52,937 | €57,202 | +€4,265 | +8.1% |
| Operating profit (loss) | 9901 | -€48,149 | -€42,824 | +€5,325 | +11.1% |
| Financial income | 75/76B | €565 | €0 | -€564 | -100.0% |
| Recurring financial income | 75 | €565 | €0 | -€564 | -100.0% |
| Financial charges | 65/66B | €607 | €21,629 | +€21,022 | +3463.7% |
| Recurring financial charges | 65 | €607 | €21,629 | +€21,022 | +3463.7% |
| Profit (loss) for the period before taxes | 9903 | -€48,192 | -€64,453 | -€16,261 | -33.7% |
| Transfer from deferred taxes | 780 | €3,237 | €3,237 | = | 0.0% |
| Income taxes | 67/77 | €721 | €673 | -€49 | -6.7% |
| Profit (loss) for the period | 9904 | -€45,676 | -€61,888 | -€16,212 | -35.5% |
| Transfer from tax-exempt reserves | 789 | €12,949 | €12,949 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,726 | -€48,939 | -€16,212 | -49.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.