Menuiserie CORNET: 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.
Menuiserie CORNET
Largest movements
- Stocks and contracts +€174,504
up €174,504 (+42.3%), from €412,132 to €586,636
- Tangible fixed assets +€86,770
up €86,770 (+25.3%), from €343,081 to €429,851
of which Furniture and vehicles: +€105,197
- Receivables within one year +€54,357
up €54,357 (+11.6%), from €470,152 to €524,509
of which Trade receivables: +€65,882
- Receivables after one year -€23,440
no longer reported in 2024 (was €23,440)
- Profit (loss) carried forward +€219,197
up €219,197 (+215.6%), from €101,675 to €320,872
- Trade debts -€127,458
down €127,458 (-44.0%), from €289,494 to €162,036
of which Suppliers: -€127,458
- Advances received +€51,537
up €51,537 (+96.3%), from €53,510 to €105,047
- Debts after one year +€48,486
up €48,486 (+23.5%), from €206,314 to €254,800
- Other debts +€41,344
up €41,344 (+53.0%), from €78,000 to €119,344
- Gross operating margin +€254,417
up €254,417 (+31.6%), from €804,537 to €1.1m
- Taxes +€63,347
up €63,347 (+121.8%), from €52,029 to €115,376
- Financial charges +€11,206
up €11,206 (+111.3%), from €10,068 to €21,274
- Other operating charges +€10,604
up €10,604 (+46.1%), from €23,009 to €33,613
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,450,936 | €1,732,917 | +€281,981 | +19.4% |
| Fixed assets | 21/28 | €350,182 | €436,952 | +€86,770 | +24.8% |
| Tangible fixed assets | 22/27 | €343,081 | €429,851 | +€86,770 | +25.3% |
| Land and buildings | 22 | €210,215 | €217,266 | +€7,051 | +3.4% |
| Plant, machinery and equipment | 23 | €99,337 | €73,859 | -€25,478 | -25.6% |
| Furniture and vehicles | 24 | €33,529 | €138,726 | +€105,197 | +313.7% |
| Financial fixed assets | 28 | €7,101 | €7,101 | = | 0.0% |
| Current assets | 29/58 | €1,100,754 | €1,295,965 | +€195,211 | +17.7% |
| Amounts receivable after more than one year | 29 | €23,440 | - | -€23,440 | |
| Other amounts receivable | 291 | €23,440 | - | -€23,440 | |
| Stocks and contracts in progress | 3 | €412,132 | €586,636 | +€174,504 | +42.3% |
| Stocks | 30/36 | €412,132 | €586,636 | +€174,504 | +42.3% |
| Amounts receivable within one year | 40/41 | €470,152 | €524,509 | +€54,357 | +11.6% |
| Trade receivables | 40 | €447,636 | €513,518 | +€65,882 | +14.7% |
| Other amounts receivable | 41 | €22,516 | €10,991 | -€11,525 | -51.2% |
| Cash at bank and in hand | 54/58 | €195,030 | €184,808 | -€10,222 | -5.2% |
| Deferred charges and accrued income | 490/1 | - | €12 | +€12 | |
| Total equity and liabilities | 10/49 | €1,450,936 | €1,732,917 | +€281,981 | +19.4% |
| Equity | 10/15 | €567,367 | €786,564 | +€219,197 | +38.6% |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Reserves | 13 | €433,466 | €433,466 | = | 0.0% |
| Non-distributable reserves | 130/1 | €44,716 | €44,716 | = | 0.0% |
| Reserves not available under the articles | 1311 | €44,716 | €44,716 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €370,000 | €370,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,675 | €320,872 | +€219,197 | +215.6% |
| Provisions and deferred taxes | 16 | €37,614 | €37,614 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €37,614 | €37,614 | = | 0.0% |
| Other liabilities and charges | 164/5 | €37,614 | €37,614 | = | 0.0% |
| Amounts payable | 17/49 | €845,955 | €908,739 | +€62,784 | +7.4% |
| Amounts payable after more than one year | 17 | €206,314 | €254,800 | +€48,486 | +23.5% |
| Financial debts | 170/4 | €206,314 | €254,800 | +€48,486 | +23.5% |
| Amounts payable within one year | 42/48 | €639,599 | €653,880 | +€14,281 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €152,220 | €183,089 | +€30,869 | +20.3% |
| Trade debts | 44 | €289,494 | €162,036 | -€127,458 | -44.0% |
| Suppliers | 440/4 | €287,494 | €160,036 | -€127,458 | -44.3% |
| Bills of exchange payable | 441 | €2,000 | €2,000 | = | 0.0% |
| Advances received on contracts in progress | 46 | €53,510 | €105,047 | +€51,537 | +96.3% |
| Taxes, remuneration and social security | 45 | €66,375 | €84,364 | +€17,989 | +27.1% |
| Taxes | 450/3 | €30,401 | €71,276 | +€40,875 | +134.5% |
| Remuneration and social security | 454/9 | €35,974 | €13,088 | -€22,886 | -63.6% |
| Other amounts payable | 47/48 | €78,000 | €119,344 | +€41,344 | +53.0% |
| Accrued charges and deferred income | 492/3 | €42 | €59 | +€17 | +40.5% |
| Remuneration, social security and pensions | 62 | €524,904 | €518,834 | -€6,070 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,503 | €73,033 | +€8,530 | +13.2% |
| Other operating charges | 640/8 | €23,009 | €33,613 | +€10,604 | +46.1% |
| Gross operating margin | 9900 | €804,537 | €1,058,954 | +€254,417 | +31.6% |
| Operating profit (loss) | 9901 | €192,121 | €433,474 | +€241,353 | +125.6% |
| Financial income | 75/76B | €108 | €373 | +€265 | +245.4% |
| Recurring financial income | 75 | €108 | €373 | +€265 | +245.4% |
| Financial charges | 65/66B | €10,068 | €21,274 | +€11,206 | +111.3% |
| Recurring financial charges | 65 | €10,068 | €21,274 | +€11,206 | +111.3% |
| Profit (loss) for the period before taxes | 9903 | €182,161 | €412,573 | +€230,412 | +126.5% |
| Income taxes | 67/77 | €52,029 | €115,376 | +€63,347 | +121.8% |
| Profit (loss) for the period | 9904 | €130,132 | €297,197 | +€167,065 | +128.4% |
| Profit (loss) for the period to be appropriated | 9905 | €130,132 | €297,197 | +€167,065 | +128.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.