EMIEL CORNELIS: what changed
What changed
EMIEL CORNELIS
NACE 01.610, Support activities for crop production
filed annual accounts (NBB)
Net result for the year
€16,233
2024 · -€22,845+€39,078
Equity
-€3,166
2024 · -€19,399+€16,233
Cash
€9,292
2024 · €635+€8,657
Balance sheet total
€499,959
2024 · €565,105-€65,147
Largest movements
Assets
- Receivables within one year -€107,600
down €107,600 (-42.0%), from €256,293 to €148,693
of which Trade receivables: -€110,761
- Tangible fixed assets +€80,067
up €80,067 (+36.5%), from €219,351 to €299,419
of which Furniture and vehicles: +€98,870
- Deferred charges and accrued income -€39,540
down €39,540 (-71.9%), from €54,956 to €15,416
- Cash +€8,657
up €8,657 (+1,364%), from €635 to €9,292
mainly Receivables within one year (+€107,600) and Depreciation (+€74,185)
- Stocks and contracts -€6,731
down €6,731 (-20.0%), from €33,695 to €26,964
Equity and liabilities
- Trade debts -€92,951
down €92,951 (-72.9%), from €127,464 to €34,513
- Debts after one year +€18,026
up €18,026 (+19.9%), from €90,788 to €108,814
- Profit (loss) carried forward +€16,233
up €16,233 (+43.2%), from -€37,619 to -€21,386
- Other debts -€11,107
down €11,107 (-3.7%), from €297,953 to €286,846
Income statement
- Gross operating margin +€75,471
up €75,471 (+36.2%), from €208,280 to €283,751
- Depreciation +€28,072
up €28,072 (+60.9%), from €46,113 to €74,185
- Staff costs +€17,930
up €17,930 (+10.7%), from €167,214 to €185,144
- Financial charges +€4,264
up €4,264 (+113%), from €3,781 to €8,044
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€22,845
Gross operating margin
+€75,471
Staff costs
-€17,930
Depreciation
-€28,072
Write-downs
-€1,950
Other operating charges
+€97
Other operating items
+€15,635
Financial income
+€91
Financial charges
-€4,264
Result 2025
€16,233
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€141,522
Investment
-€154,253
Financing
+€21,387
Cash 2024
€635
From operations (derived)
+€141,522
Net result for the year
+€16,233
Depreciation
+€74,185
Stocks and contracts
+€6,731
Receivables within one year
+€107,600
Deferred charges and accrued income
+€39,540
Trade debts
-€92,951
Tax, wage and social debts
+€1,291
Other debts
-€11,107
Investment (derived)
-€154,253
Investment in fixed assets (net)
-€154,253
Financing
+€21,387
Debts after one year
+€18,026
Current portion of long-term debt
+€3,361
Cash 2025
€9,292
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €565,105 | €499,959 | -€65,147 | -11.5% |
| Fixed assets | 21/28 | €219,526 | €299,594 | +€80,067 | +36.5% |
| Tangible fixed assets | 22/27 | €219,351 | €299,419 | +€80,067 | +36.5% |
| Plant, machinery and equipment | 23 | €104,148 | €90,931 | -€13,217 | -12.7% |
| Furniture and vehicles | 24 | €102,856 | €201,726 | +€98,870 | +96.1% |
| Leasing and similar rights | 25 | €12,347 | €6,762 | -€5,586 | -45.2% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €345,579 | €200,365 | -€145,214 | -42.0% |
| Stocks and contracts in progress | 3 | €33,695 | €26,964 | -€6,731 | -20.0% |
| Stocks | 30/36 | €33,695 | €26,964 | -€6,731 | -20.0% |
| Amounts receivable within one year | 40/41 | €256,293 | €148,693 | -€107,600 | -42.0% |
| Trade receivables | 40 | €252,828 | €142,067 | -€110,761 | -43.8% |
| Other amounts receivable | 41 | €3,465 | €6,626 | +€3,161 | +91.2% |
| Cash at bank and in hand | 54/58 | €635 | €9,292 | +€8,657 | +1,364% |
| Deferred charges and accrued income | 490/1 | €54,956 | €15,416 | -€39,540 | -71.9% |
| Total equity and liabilities | 10/49 | €565,105 | €499,959 | -€65,147 | -11.5% |
| Equity | 10/15 | -€19,399 | -€3,166 | +€16,233 | +83.7% |
| Contributions | 10/11 | €16,113 | €16,113 | = | 0.0% |
| Reserves | 13 | €2,107 | €2,107 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,107 | €2,107 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,107 | €2,107 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,619 | -€21,386 | +€16,233 | +43.2% |
| Amounts payable | 17/49 | €584,505 | €503,124 | -€81,380 | -13.9% |
| Amounts payable after more than one year | 17 | €90,788 | €108,814 | +€18,026 | +19.9% |
| Financial debts | 170/4 | €90,788 | €108,814 | +€18,026 | +19.9% |
| Amounts payable within one year | 42/48 | €493,717 | €394,310 | -€99,406 | -20.1% |
| Current portion of amounts payable after more than one year | 42 | €54,346 | €57,707 | +€3,361 | +6.2% |
| Trade debts | 44 | €127,464 | €34,513 | -€92,951 | -72.9% |
| Suppliers | 440/4 | €127,464 | €34,513 | -€92,951 | -72.9% |
| Taxes, remuneration and social security | 45 | €13,954 | €15,244 | +€1,291 | +9.2% |
| Taxes | 450/3 | - | €886 | +€886 | |
| Remuneration and social security | 454/9 | €13,954 | €14,359 | +€405 | +2.9% |
| Other amounts payable | 47/48 | €297,953 | €286,846 | -€11,107 | -3.7% |
| Non-recurring operating income | 76A | €19,400 | €0 | -€19,400 | -100% |
| Remuneration, social security and pensions | 62 | €167,214 | €185,144 | +€17,930 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,113 | €74,185 | +€28,072 | +60.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,950 | €0 | +€1,950 | |
| Other operating charges | 640/8 | €332 | €235 | -€97 | -29.2% |
| Non-recurring operating charges | 66A | €15,635 | €0 | -€15,635 | -100% |
| Gross operating margin | 9900 | €208,280 | €283,751 | +€75,471 | +36.2% |
| Operating profit (loss) | 9901 | -€19,064 | €24,187 | +€43,251 | |
| Financial income | 75/76B | €0 | €91 | +€91 | |
| Recurring financial income | 75 | €0 | €91 | +€91 | |
| Financial charges | 65/66B | €3,781 | €8,044 | +€4,264 | +113% |
| Recurring financial charges | 65 | €3,781 | €8,044 | +€4,264 | +113% |
| Profit (loss) for the period before taxes | 9903 | -€22,845 | €16,233 | +€39,078 | |
| Profit (loss) for the period | 9904 | -€22,845 | €16,233 | +€39,078 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,845 | €16,233 | +€39,078 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.