Skip to content

KORNÉL: what changed

What changed

KORNÉL

BE 0643.872.538
NACE 56.309, Food and beverage service activities
filed annual accounts (NBB)
Financial years compared with
Net result for the year
-€23,210
2024 · -€10,255-€12,955
Equity
€30,089
2024 · €88,499-€58,410
Cash
€55,937
2024 · €67,505-€11,568
Balance sheet total
€79,196
2024 · €96,911-€17,716

Largest movements

2024 to 2025
Assets
  • Cash -€11,568

    down €11,568 (-17.1%), from €67,505 to €55,937

    mainly Contributions, distributions and other (-€35,200) and Net result for the year (-€23,210)

  • Tangible fixed assets -€3,864

    down €3,864 (-25.8%), from €14,983 to €11,119

    of which Furniture and vehicles: -€3,122

  • Stocks and contracts -€3,266

    down €3,266 (-46.7%), from €6,991 to €3,725

Equity and liabilities
  • Reserves -€35,200

    down €35,200 (-53.7%), from €65,509 to €30,309

  • Other debts +€35,097

    up €35,097 (+2,158%), from €1,626 to €36,723

  • Profit (loss) carried forward -€23,210

    down €23,210 (-331%), from -€7,010 to -€30,220

  • Trade debts +€3,597

    up €3,597 (+200%), from €1,794 to €5,391

  • Tax, wage and social debts +€2,628

    up €2,628 (+60.2%), from €4,364 to €6,993

    of which Remuneration and social security: +€3,530

Income statement
  • Staff costs +€12,556

    up €12,556 (+33.0%), from €38,028 to €50,584

  • Gross operating margin -€1,781

    down €1,781 (-4.7%), from €37,713 to €35,932

  • Financial charges -€1,137

    down €1,137 (-30.2%), from €3,770 to €2,633

  • Financial income +€577

    up €577 (+943%), from €61 to €638

Change in the result, 2024 to 2025

effect on the result

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 -€10,255
Gross operating margin -€1,781
Staff costs -€12,556
Depreciation -€310
Other operating charges -€21
Financial income +€577
Financial charges +€1,137
Result 2025 -€23,210
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 +€25,624
Investment -€1,364
Financing -€35,828
Cash 2024 €67,505
Net result for the year -€23,210
Depreciation +€5,175
Stocks and contracts +€3,266
Receivables within one year -€484
Deferred charges and accrued income -€445
Trade debts +€3,597
Tax, wage and social debts +€2,628
Other debts +€35,097
Investment in fixed assets (net) -€1,364
Current portion of long-term debt -€628
Contributions, distributions and other -€35,200
Cash 2025 €55,937
brings cash intakes cash out
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €96,911 €79,196 -€17,716 -18.3%
Fixed assets 21/28 €19,483 €15,672 -€3,811 -19.6%
Tangible fixed assets 22/27 €14,983 €11,119 -€3,864 -25.8%
Plant, machinery and equipment 23 €1,090 €1,368 +€277 +25.4%
Furniture and vehicles 24 €10,643 €7,521 -€3,122 -29.3%
Other tangible fixed assets 26 €3,250 €2,231 -€1,019 -31.3%
Financial fixed assets 28 €4,500 €4,553 +€53 +1.2%
Current assets 29/58 €77,429 €63,524 -€13,905 -18.0%
Stocks and contracts in progress 3 €6,991 €3,725 -€3,266 -46.7%
Stocks 30/36 €6,991 €3,725 -€3,266 -46.7%
Amounts receivable within one year 40/41 €2,244 €2,728 +€484 +21.6%
Trade receivables 40 €44 €130 +€86 +195%
Other amounts receivable 41 €2,200 €2,598 +€398 +18.1%
Cash at bank and in hand 54/58 €67,505 €55,937 -€11,568 -17.1%
Deferred charges and accrued income 490/1 €688 €1,133 +€445 +64.6%
Total equity and liabilities 10/49 €96,911 €79,196 -€17,716 -18.3%
Equity 10/15 €88,499 €30,089 -€58,410 -66.0%
Contributions 10/11 €30,000 €30,000 = 0.0%
Reserves 13 €65,509 €30,309 -€35,200 -53.7%
Distributable reserves 133 €65,509 €30,309 -€35,200 -53.7%
Profit (loss) carried forward 14 -€7,010 -€30,220 -€23,210 -331%
Amounts payable 17/49 €8,412 €49,107 +€40,694 +484%
Amounts payable within one year 42/48 €8,412 €49,107 +€40,694 +484%
Current portion of amounts payable after more than one year 42 €628 - -€628
Trade debts 44 €1,794 €5,391 +€3,597 +200%
Suppliers 440/4 €1,794 €5,391 +€3,597 +200%
Taxes, remuneration and social security 45 €4,364 €6,993 +€2,628 +60.2%
Taxes 450/3 €4,364 €3,463 -€902 -20.7%
Remuneration and social security 454/9 - €3,530 +€3,530
Other amounts payable 47/48 €1,626 €36,723 +€35,097 +2,158%
Remuneration, social security and pensions 62 €38,028 €50,584 +€12,556 +33.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,864 €5,175 +€310 +6.4%
Other operating charges 640/8 €1,367 €1,388 +€21 +1.5%
Gross operating margin 9900 €37,713 €35,932 -€1,781 -4.7%
Operating profit (loss) 9901 -€6,546 -€21,215 -€14,668 -224%
Financial income 75/76B €61 €638 +€577 +943%
Recurring financial income 75 €61 €638 +€577 +943%
Financial charges 65/66B €3,770 €2,633 -€1,137 -30.2%
Recurring financial charges 65 €3,770 €2,633 -€1,137 -30.2%
Profit (loss) for the period before taxes 9903 -€10,255 -€23,210 -€12,955 -126%
Profit (loss) for the period 9904 -€10,255 -€23,210 -€12,955 -126%
Profit (loss) for the period to be appropriated 9905 -€10,255 -€23,210 -€12,955 -126%
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 4 November 2026 via checked.be.