DR BERNARD CORVILAIN: 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.
DR BERNARD CORVILAIN
Largest movements
- Cash +€73,332
up €73,332 (+7,333%), from €1,000 to €74,332
mainly Net result for the year (+€64,339) and Tax, wage and social debts (+€4,996)
- Receivables within one year -€3,390
down €3,390 (-12.4%), from €27,378 to €23,988
of which Trade receivables: -€6,933
- Reserves +€64,339
up €64,339 (+447%), from €14,382 to €78,721
- Tax, wage and social debts +€4,996
up €4,996 (+347%), from €1,438 to €6,434
- Gross operating margin +€78,410
up €78,410 (+396%), from €19,788 to €98,197
- Taxes +€28,453
up €28,453 (+526%), from €5,406 to €33,858
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 | €28,378 | €98,320 | +€69,942 | +246% |
| Current assets | 29/58 | €28,378 | €98,320 | +€69,942 | +246% |
| Amounts receivable within one year | 40/41 | €27,378 | €23,988 | -€3,390 | -12.4% |
| Trade receivables | 40 | €26,845 | €19,912 | -€6,933 | -25.8% |
| Other amounts receivable | 41 | €533 | €4,076 | +€3,543 | +665% |
| Cash at bank and in hand | 54/58 | €1,000 | €74,332 | +€73,332 | +7,333% |
| Total equity and liabilities | 10/49 | €28,378 | €98,320 | +€69,942 | +246% |
| Equity | 10/15 | €15,382 | €79,721 | +€64,339 | +418% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €14,382 | €78,721 | +€64,339 | +447% |
| Distributable reserves | 133 | €14,382 | €78,721 | +€64,339 | +447% |
| Amounts payable | 17/49 | €12,996 | €18,599 | +€5,603 | +43.1% |
| Amounts payable within one year | 42/48 | €12,996 | €18,599 | +€5,603 | +43.1% |
| Trade debts | 44 | €307 | €307 | = | 0.0% |
| Suppliers | 440/4 | €307 | €307 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,438 | €6,434 | +€4,996 | +347% |
| Taxes | 450/3 | €1,438 | €6,434 | +€4,996 | +347% |
| Other amounts payable | 47/48 | €11,251 | €11,858 | +€607 | +5.4% |
| Gross operating margin | 9900 | €19,788 | €98,197 | +€78,410 | +396% |
| Operating profit (loss) | 9901 | €19,788 | €98,197 | +€78,410 | +396% |
| Financial charges | 65/66B | - | €0 | +€0 | |
| Recurring financial charges | 65 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €19,788 | €98,197 | +€78,410 | +396% |
| Income taxes | 67/77 | €5,406 | €33,858 | +€28,453 | +526% |
| Profit (loss) for the period | 9904 | €14,382 | €64,339 | +€49,957 | +347% |
| Profit (loss) for the period to be appropriated | 9905 | €14,382 | €64,339 | +€49,957 | +347% |
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 18 October 2026 via checked.be.