DE RIDDER-CORNETTE: 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 RIDDER-CORNETTE
Largest movements
- Tangible fixed assets -€49,850
down €49,850 (-3.3%), from €1.5m to €1.5m
- Debts after one year -€105,604
down €105,604 (-57.5%), from €183,767 to €78,163
- Reserves +€73,379
up €73,379 (+5.5%), from €1.3m to €1.4m
- Gross operating margin +€58,121
up €58,121 (+87.7%), from €66,267 to €124,388
- Financial income +€10,932
up €10,932 (+109,320,400%), from €0 to €10,932
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 | €1,541,027 | €1,499,590 | -€41,436 | -2.7% |
| Fixed assets | 21/28 | €1,526,137 | €1,476,287 | -€49,850 | -3.3% |
| Tangible fixed assets | 22/27 | €1,526,137 | €1,476,287 | -€49,850 | -3.3% |
| Land and buildings | 22 | €1,526,137 | €1,476,287 | -€49,850 | -3.3% |
| Current assets | 29/58 | €14,890 | €23,304 | +€8,414 | +56.5% |
| Amounts receivable within one year | 40/41 | €3,814 | €18,881 | +€15,067 | +395% |
| Other amounts receivable | 41 | €3,814 | €18,881 | +€15,067 | +395% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,758 | €3,899 | -€1,859 | -32.3% |
| Deferred charges and accrued income | 490/1 | €5,318 | €524 | -€4,794 | -90.1% |
| Total equity and liabilities | 10/49 | €1,541,027 | €1,499,590 | -€41,436 | -2.7% |
| Equity | 10/15 | €1,342,958 | €1,416,337 | +€73,379 | +5.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,336,758 | €1,410,137 | +€73,379 | +5.5% |
| Distributable reserves | 133 | €1,336,758 | €1,410,137 | +€73,379 | +5.5% |
| Amounts payable | 17/49 | €198,068 | €83,253 | -€114,815 | -58.0% |
| Amounts payable after more than one year | 17 | €183,767 | €78,163 | -€105,604 | -57.5% |
| Financial debts | 170/4 | €183,767 | €78,163 | -€105,604 | -57.5% |
| Amounts payable within one year | 42/48 | €14,301 | €5,090 | -€9,211 | -64.4% |
| Current portion of amounts payable after more than one year | 42 | €10,760 | €5,090 | -€5,670 | -52.7% |
| Other amounts payable | 47/48 | €3,541 | - | -€3,541 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,850 | €49,850 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,548 | €3,025 | +€477 | +18.7% |
| Gross operating margin | 9900 | €66,267 | €124,388 | +€58,121 | +87.7% |
| Operating profit (loss) | 9901 | €13,869 | €71,513 | +€57,643 | +416% |
| Financial income | 75/76B | €0 | €10,932 | +€10,932 | +109,320,400% |
| Recurring financial income | 75 | €0 | €10,932 | +€10,932 | +109,320,400% |
| Financial charges | 65/66B | €8,825 | €9,066 | +€241 | +2.7% |
| Recurring financial charges | 65 | €8,825 | €9,066 | +€241 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €5,045 | €73,379 | +€68,334 | +1,355% |
| Profit (loss) for the period | 9904 | €5,045 | €73,379 | +€68,334 | +1,355% |
| Profit (loss) for the period to be appropriated | 9905 | €5,045 | €73,379 | +€68,334 | +1,355% |
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 15 October 2026 via checked.be.