MARIE CORNEZ: what changed
MARIE CORNEZ
Largest movements
- Cash +€10,086
up €10,086 (+51.1%), from €19,754 to €29,840
mainly Net result for the year (+€5,122) and Tax, wage and social debts (+€3,293)
- Tangible fixed assets -€2,050
down €2,050 (-37.2%), from €5,507 to €3,457
- Deferred charges and accrued income -€2,048
down €2,048 (-86.3%), from €2,371 to €324
- Reserves +€5,000
up €5,000 (+269%), from €1,860 to €6,860
of which Distributable reserves: +€5,000
- Tax, wage and social debts +€3,293
up €3,293 (+1,217%), from €271 to €3,564
- Other debts -€2,491
down €2,491 (-81.5%), from €3,056 to €564
- Gross operating margin +€10,341
up €10,341 (+1,365%), from €758 to €11,099
- Taxes +€3,023
up €3,023 (+1,117%), from €271 to €3,293
- Depreciation +€1,215
up €1,215 (+145%), from €836 to €2,050
- Other operating charges -€330
down €330 (-36.3%), from €909 to €579
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,826 | €33,815 | +€5,988 | +21.5% |
| Fixed assets | 21/28 | €5,507 | €3,457 | -€2,050 | -37.2% |
| Tangible fixed assets | 22/27 | €5,507 | €3,457 | -€2,050 | -37.2% |
| Furniture and vehicles | 24 | €5,507 | €3,457 | -€2,050 | -37.2% |
| Current assets | 29/58 | €22,320 | €30,358 | +€8,039 | +36.0% |
| Amounts receivable within one year | 40/41 | €194 | €194 | = | 0.0% |
| Trade receivables | 40 | €194 | €194 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,754 | €29,840 | +€10,086 | +51.1% |
| Deferred charges and accrued income | 490/1 | €2,371 | €324 | -€2,048 | -86.3% |
| Total equity and liabilities | 10/49 | €27,826 | €33,815 | +€5,988 | +21.5% |
| Equity | 10/15 | €24,500 | €29,622 | +€5,122 | +20.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €6,860 | +€5,000 | +269% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | €10,240 | €10,362 | +€122 | +1.2% |
| Amounts payable | 17/49 | €3,326 | €4,192 | +€866 | +26.0% |
| Amounts payable within one year | 42/48 | €3,326 | €4,192 | +€866 | +26.0% |
| Trade debts | 44 | - | €64 | +€64 | |
| Suppliers | 440/4 | - | €64 | +€64 | |
| Taxes, remuneration and social security | 45 | €271 | €3,564 | +€3,293 | +1,217% |
| Taxes | 450/3 | €271 | €3,564 | +€3,293 | +1,217% |
| Other amounts payable | 47/48 | €3,056 | €564 | -€2,491 | -81.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €836 | €2,050 | +€1,215 | +145% |
| Other operating charges | 640/8 | €909 | €579 | -€330 | -36.3% |
| Gross operating margin | 9900 | €758 | €11,099 | +€10,341 | +1,365% |
| Operating profit (loss) | 9901 | -€987 | €8,470 | +€9,457 | |
| Financial charges | 65/66B | €125 | €54 | -€71 | -56.7% |
| Recurring financial charges | 65 | €125 | €54 | -€71 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,112 | €8,416 | +€9,527 | |
| Income taxes | 67/77 | €271 | €3,293 | +€3,023 | +1,117% |
| Profit (loss) for the period | 9904 | -€1,382 | €5,122 | +€6,505 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,382 | €5,122 | +€6,505 |
Next steps
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 8 November 2026 via checked.be.