B-Cured: what changed
Two fiscal 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.
B-Cured
Largest movements
- Tangible fixed assets -€14,332
down €14,332 (-8.5%), from €169,492 to €155,160
of which Furniture and vehicles: -€8,327
- Deferred charges and accrued income -€3,500
no longer reported in 2025 (was €3,500)
- Debts after one year -€15,362
down €15,362 (-10.0%), from €153,063 to €137,701
of which Financial debts: -€13,369
- Tax, wage and social debts +€3,693
up €3,693 (+196.4%), from €1,880 to €5,573
- Trade debts -€3,602
no longer reported in 2025 (was €3,602)
- Other debts -€2,974
down €2,974 (-47.7%), from €6,232 to €3,258
- Gross operating margin +€1,563
up €1,563 (+6.4%), from €24,341 to €25,904
- Other operating charges +€1,187
up €1,187 (+62.3%), from €1,907 to €3,094
- Financial charges -€737
down €737 (-11.0%), from €6,679 to €5,941
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €184,976 | €168,738 | -€16,238 | -8.8% |
| Fixed assets | 21/28 | €169,492 | €155,160 | -€14,332 | -8.5% |
| Tangible fixed assets | 22/27 | €169,492 | €155,160 | -€14,332 | -8.5% |
| Land and buildings | 22 | €147,868 | €141,863 | -€6,004 | -4.1% |
| Furniture and vehicles | 24 | €21,624 | €13,297 | -€8,327 | -38.5% |
| Current assets | 29/58 | €15,484 | €13,577 | -€1,907 | -12.3% |
| Amounts receivable within one year | 40/41 | €1,532 | €1,876 | +€345 | +22.5% |
| Trade receivables | 40 | €232 | €476 | +€245 | +105.5% |
| Other amounts receivable | 41 | €1,300 | €1,400 | +€100 | +7.7% |
| Cash at bank and in hand | 54/58 | €10,453 | €11,701 | +€1,249 | +11.9% |
| Deferred charges and accrued income | 490/1 | €3,500 | - | -€3,500 | |
| Total equity and liabilities | 10/49 | €184,976 | €168,738 | -€16,238 | -8.8% |
| Equity | 10/15 | €4,532 | €5,995 | +€1,462 | +32.3% |
| Contributions | 10/11 | €1,800 | €1,800 | = | 0.0% |
| Reserves | 13 | €2,500 | €4,000 | +€1,500 | +60.0% |
| Distributable reserves | 133 | €2,500 | €4,000 | +€1,500 | +60.0% |
| Profit (loss) carried forward | 14 | €232 | €195 | -€38 | -16.3% |
| Amounts payable | 17/49 | €180,444 | €162,743 | -€17,701 | -9.8% |
| Amounts payable after more than one year | 17 | €153,063 | €137,701 | -€15,362 | -10.0% |
| Financial debts | 170/4 | €122,622 | €109,253 | -€13,369 | -10.9% |
| Other amounts payable | 178/9 | €30,440 | €28,448 | -€1,993 | -6.5% |
| Amounts payable within one year | 42/48 | €27,381 | €25,042 | -€2,339 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €14,818 | €15,362 | +€543 | +3.7% |
| Financial debts | 43 | €849 | €849 | +€1 | +0.1% |
| Credit institutions | 430/8 | €849 | €849 | +€1 | +0.1% |
| Trade debts | 44 | €3,602 | - | -€3,602 | |
| Suppliers | 440/4 | €3,602 | - | -€3,602 | |
| Taxes, remuneration and social security | 45 | €1,880 | €5,573 | +€3,693 | +196.4% |
| Taxes | 450/3 | €1,880 | €5,573 | +€3,693 | +196.4% |
| Other amounts payable | 47/48 | €6,232 | €3,258 | -€2,974 | -47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,332 | €14,332 | = | 0.0% |
| Other operating charges | 640/8 | €1,907 | €3,094 | +€1,187 | +62.3% |
| Gross operating margin | 9900 | €24,341 | €25,904 | +€1,563 | +6.4% |
| Operating profit (loss) | 9901 | €8,102 | €8,478 | +€376 | +4.6% |
| Financial income | 75/76B | €69 | €28 | -€41 | -59.7% |
| Recurring financial income | 75 | €69 | €28 | -€41 | -59.7% |
| Financial charges | 65/66B | €6,679 | €5,941 | -€737 | -11.0% |
| Recurring financial charges | 65 | €6,679 | €5,941 | -€737 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €1,493 | €2,565 | +€1,072 | +71.8% |
| Income taxes | 67/77 | €1,202 | €1,103 | -€99 | -8.3% |
| Profit (loss) for the period | 9904 | €291 | €1,462 | +€1,171 | +402.8% |
| Profit (loss) for the period to be appropriated | 9905 | €291 | €1,462 | +€1,171 | +402.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.