DE CORNUITEN: 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.
DE CORNUITEN
Largest movements
- Cash +€177,854
up €177,854 (+132.8%), from €133,946 to €311,800
mainly Net result for the year (+€103,521) and Other debts (+€83,236)
- Tangible fixed assets -€31,053
down €31,053 (-21.3%), from €145,858 to €114,805
of which Furniture and vehicles: -€26,865
- Other debts +€83,236
up €83,236 (+80.0%), from €104,001 to €187,237
- Tax, wage and social debts +€44,680
up €44,680 (+932.8%), from €4,790 to €49,470
of which Taxes: +€38,411
- Trade debts +€20,430
up €20,430 (+67.6%), from €30,230 to €50,660
- Gross operating margin +€51,442
up €51,442 (+20.9%), from €245,836 to €297,277
- Staff costs +€38,863
up €38,863 (+115.6%), from €33,622 to €72,486
- Taxes +€20,448
up €20,448 (+113.8%), from €17,962 to €38,411
- Depreciation +€4,852
up €4,852 (+10.0%), from €48,689 to €53,541
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 | €370,953 | €519,298 | +€148,346 | +40.0% |
| Fixed assets | 21/28 | €145,858 | €114,805 | -€31,053 | -21.3% |
| Tangible fixed assets | 22/27 | €145,858 | €114,805 | -€31,053 | -21.3% |
| Plant, machinery and equipment | 23 | €4,309 | €3,653 | -€656 | -15.2% |
| Furniture and vehicles | 24 | €128,090 | €101,225 | -€26,865 | -21.0% |
| Other tangible fixed assets | 26 | €13,459 | €9,927 | -€3,533 | -26.2% |
| Current assets | 29/58 | €225,095 | €404,493 | +€179,399 | +79.7% |
| Amounts receivable within one year | 40/41 | €91,148 | €91,542 | +€394 | +0.4% |
| Trade receivables | 40 | €15,941 | €4,247 | -€11,694 | -73.4% |
| Other amounts receivable | 41 | €75,207 | €87,295 | +€12,088 | +16.1% |
| Cash at bank and in hand | 54/58 | €133,946 | €311,800 | +€177,854 | +132.8% |
| Deferred charges and accrued income | 490/1 | - | €1,151 | +€1,151 | |
| Total equity and liabilities | 10/49 | €370,953 | €519,298 | +€148,346 | +40.0% |
| Equity | 10/15 | €231,932 | €231,932 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €213,332 | €213,332 | = | 0.0% |
| Distributable reserves | 133 | €213,332 | €213,332 | = | 0.0% |
| Amounts payable | 17/49 | €139,021 | €287,367 | +€148,346 | +106.7% |
| Amounts payable within one year | 42/48 | €139,021 | €287,367 | +€148,346 | +106.7% |
| Trade debts | 44 | €30,230 | €50,660 | +€20,430 | +67.6% |
| Suppliers | 440/4 | €30,230 | €50,660 | +€20,430 | +67.6% |
| Taxes, remuneration and social security | 45 | €4,790 | €49,470 | +€44,680 | +932.8% |
| Taxes | 450/3 | - | €38,411 | +€38,411 | |
| Remuneration and social security | 454/9 | €4,790 | €11,059 | +€6,269 | +130.9% |
| Other amounts payable | 47/48 | €104,001 | €187,237 | +€83,236 | +80.0% |
| Non-recurring operating income | 76A | - | €200 | +€200 | |
| Remuneration, social security and pensions | 62 | €33,622 | €72,486 | +€38,863 | +115.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,689 | €53,541 | +€4,852 | +10.0% |
| Other operating charges | 640/8 | €399 | €371 | -€28 | -6.9% |
| Gross operating margin | 9900 | €245,836 | €297,277 | +€51,442 | +20.9% |
| Operating profit (loss) | 9901 | €163,126 | €170,879 | +€7,753 | +4.8% |
| Financial income | 75/76B | €2,152 | €353 | -€1,799 | -83.6% |
| Recurring financial income | 75 | €2,152 | €353 | -€1,799 | -83.6% |
| Financial charges | 65/66B | €26,382 | €29,300 | +€2,918 | +11.1% |
| Recurring financial charges | 65 | €26,382 | €29,300 | +€2,918 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €138,896 | €141,932 | +€3,036 | +2.2% |
| Income taxes | 67/77 | €17,962 | €38,411 | +€20,448 | +113.8% |
| Profit (loss) for the period | 9904 | €120,933 | €103,521 | -€17,412 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €120,933 | €103,521 | -€17,412 | -14.4% |
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 11 October 2026 via checked.be.