Frederik Cornette-Advocaat: what changed
What changed
Frederik Cornette-Advocaat
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€202,466
2024 · €226,836-€24,370
Equity
€818,063
2024 · €700,515+€117,548
Cash
€454,817
2024 · €306,862+€147,955
Balance sheet total
€1.0m
2024 · €879,830+€133,194
Largest movements
Assets
- Cash +€147,955
up €147,955 (+48.2%), from €306,862 to €454,817
mainly Net result for the year (+€202,466) and Tax, wage and social debts (+€17,251)
- Receivables within one year -€16,132
down €16,132 (-10.2%), from €158,058 to €141,926
of which Trade receivables: -€16,132
Equity and liabilities
- Reserves +€117,548
up €117,548 (+17.1%), from €688,115 to €805,663
- Tax, wage and social debts +€17,251
up €17,251 (+23.6%), from €73,210 to €90,460
of which Taxes: +€19,392
Income statement
- Gross operating margin -€21,433
down €21,433 (-5.7%), from €375,820 to €354,387
- Financial income -€12,217
down €12,217 (-76.9%), from €15,894 to €3,677
- Taxes -€10,759
down €10,759 (-10.6%), from €101,290 to €90,531
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
€226,836
Gross operating margin
-€21,433
Staff costs
-€2,085
Depreciation
-€21
Other operating charges
-€133
Financial income
-€12,217
Financial charges
+€760
Taxes
+€10,759
Result 2025
€202,466
raises the resultlowers the result
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
+€237,494
Investment
-€4,621
Financing
-€84,918
Cash 2024
€306,862
From operations (derived)
+€237,494
Net result for the year
+€202,466
Depreciation
+€3,511
Receivables within one year
+€16,132
Deferred charges and accrued income
-€261
Trade debts
+€3,319
Tax, wage and social debts
+€17,251
Other debts
-€7,635
Accrued charges and deferred income
+€2,711
Investment (derived)
-€4,621
Investment in fixed assets (net)
-€3,203
Current investments
-€1,418
Financing
-€84,918
Contributions, distributions and other
-€84,918
Cash 2025
€454,817
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €879,830 | €1,013,024 | +€133,194 | +15.1% |
| Fixed assets | 21/28 | €12,254 | €11,945 | -€309 | -2.5% |
| Tangible fixed assets | 22/27 | €9,484 | €9,175 | -€309 | -3.3% |
| Furniture and vehicles | 24 | €8,657 | €8,762 | +€105 | +1.2% |
| Other tangible fixed assets | 26 | €827 | €414 | -€414 | -50.0% |
| Financial fixed assets | 28 | €2,770 | €2,770 | = | 0.0% |
| Current assets | 29/58 | €867,576 | €1,001,078 | +€133,503 | +15.4% |
| Amounts receivable within one year | 40/41 | €158,058 | €141,926 | -€16,132 | -10.2% |
| Trade receivables | 40 | €154,508 | €138,376 | -€16,132 | -10.4% |
| Other amounts receivable | 41 | €3,550 | €3,550 | = | 0.0% |
| Current investments | 50/53 | €400,000 | €401,418 | +€1,418 | +0.4% |
| Cash at bank and in hand | 54/58 | €306,862 | €454,817 | +€147,955 | +48.2% |
| Deferred charges and accrued income | 490/1 | €2,656 | €2,917 | +€261 | +9.8% |
| Total equity and liabilities | 10/49 | €879,830 | €1,013,024 | +€133,194 | +15.1% |
| Equity | 10/15 | €700,515 | €818,063 | +€117,548 | +16.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €688,115 | €805,663 | +€117,548 | +17.1% |
| Distributable reserves | 133 | €688,115 | €805,663 | +€117,548 | +17.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €179,315 | €194,961 | +€15,646 | +8.7% |
| Amounts payable within one year | 42/48 | €178,815 | €191,750 | +€12,935 | +7.2% |
| Trade debts | 44 | €1,655 | €4,975 | +€3,319 | +201% |
| Suppliers | 440/4 | €1,655 | €4,975 | +€3,319 | +201% |
| Taxes, remuneration and social security | 45 | €73,210 | €90,460 | +€17,251 | +23.6% |
| Taxes | 450/3 | €62,443 | €81,834 | +€19,392 | +31.1% |
| Remuneration and social security | 454/9 | €10,767 | €8,626 | -€2,141 | -19.9% |
| Other amounts payable | 47/48 | €103,950 | €96,315 | -€7,635 | -7.3% |
| Accrued charges and deferred income | 492/3 | €500 | €3,211 | +€2,711 | +542% |
| Remuneration, social security and pensions | 62 | €57,997 | €60,082 | +€2,085 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,490 | €3,511 | +€21 | +0.6% |
| Other operating charges | 640/8 | €987 | €1,120 | +€133 | +13.5% |
| Gross operating margin | 9900 | €375,820 | €354,387 | -€21,433 | -5.7% |
| Operating profit (loss) | 9901 | €313,346 | €289,674 | -€23,672 | -7.6% |
| Financial income | 75/76B | €15,894 | €3,677 | -€12,217 | -76.9% |
| Recurring financial income | 75 | €15,894 | €3,677 | -€12,217 | -76.9% |
| Financial charges | 65/66B | €1,114 | €354 | -€760 | -68.2% |
| Recurring financial charges | 65 | €1,114 | €354 | -€760 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | €328,126 | €292,997 | -€35,129 | -10.7% |
| Income taxes | 67/77 | €101,290 | €90,531 | -€10,759 | -10.6% |
| Profit (loss) for the period | 9904 | €226,836 | €202,466 | -€24,370 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €226,836 | €202,466 | -€24,370 | -10.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.