CHINACURE: 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.
CHINACURE
Largest movements
- Tangible fixed assets -€35,162
down €35,162 (-8.4%), from €420,023 to €384,861
of which Other tangible fixed assets: -€32,549
- Receivables within one year +€8,838
up €8,838 (+41.6%), from €21,270 to €30,109
of which Trade receivables: +€8,324
- Debts after one year -€41,518
down €41,518 (-9.4%), from €440,437 to €398,919
- Profit (loss) carried forward +€22,247
up €22,247 (+16.3%), from -€136,884 to -€114,636
- Tax, wage and social debts -€6,909
down €6,909 (-38.2%), from €18,075 to €11,165
of which Taxes: -€4,440
- Other debts +€6,200
up €6,200 (+10.3%), from €60,032 to €66,231
- Trade debts -€5,498
down €5,498 (-55.4%), from €9,934 to €4,435
- Staff costs -€28,102
down €28,102, from €28,095 to -€7
- Financial charges -€2,883
down €2,883 (-18.5%), from €15,606 to €12,722
- Other operating charges -€2,600
down €2,600 (-37.3%), from €6,967 to €4,367
- Gross operating margin -€2,232
down €2,232 (-2.9%), from €76,723 to €74,491
- Taxes -€1,109
no longer reported in 2025 (was €1,109)
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.
Derived cash bridge
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 | €464,395 | €439,958 | -€24,437 | -5.3% |
| Fixed assets | 21/28 | €420,023 | €384,861 | -€35,162 | -8.4% |
| Tangible fixed assets | 22/27 | €420,023 | €384,861 | -€35,162 | -8.4% |
| Land and buildings | 22 | €157 | €97 | -€60 | -38.4% |
| Plant, machinery and equipment | 23 | €1,809 | €1,393 | -€416 | -23.0% |
| Furniture and vehicles | 24 | €6,766 | €4,629 | -€2,137 | -31.6% |
| Other tangible fixed assets | 26 | €411,292 | €378,743 | -€32,549 | -7.9% |
| Current assets | 29/58 | €44,372 | €55,097 | +€10,725 | +24.2% |
| Stocks and contracts in progress | 3 | €18,138 | €18,138 | = | 0.0% |
| Stocks | 30/36 | €18,138 | €18,138 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,270 | €30,109 | +€8,838 | +41.6% |
| Trade receivables | 40 | €6,699 | €15,023 | +€8,324 | +124% |
| Other amounts receivable | 41 | €14,571 | €15,085 | +€515 | +3.5% |
| Current investments | 50/53 | €123 | €123 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,757 | €3,314 | +€1,558 | +88.7% |
| Deferred charges and accrued income | 490/1 | €3,083 | €3,413 | +€329 | +10.7% |
| Total equity and liabilities | 10/49 | €464,395 | €439,958 | -€24,437 | -5.3% |
| Equity | 10/15 | -€104,559 | -€82,311 | +€22,247 | +21.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,725 | €13,725 | = | 0.0% |
| Distributable reserves | 133 | €13,725 | €13,725 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€136,884 | -€114,636 | +€22,247 | +16.3% |
| Amounts payable | 17/49 | €568,953 | €522,269 | -€46,684 | -8.2% |
| Amounts payable after more than one year | 17 | €440,437 | €398,919 | -€41,518 | -9.4% |
| Financial debts | 170/4 | €440,437 | €398,919 | -€41,518 | -9.4% |
| Amounts payable within one year | 42/48 | €128,516 | €123,350 | -€5,166 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €40,476 | €41,518 | +€1,042 | +2.6% |
| Trade debts | 44 | €9,934 | €4,435 | -€5,498 | -55.4% |
| Suppliers | 440/4 | €9,934 | €4,435 | -€5,498 | -55.4% |
| Taxes, remuneration and social security | 45 | €18,075 | €11,165 | -€6,909 | -38.2% |
| Taxes | 450/3 | €15,605 | €11,165 | -€4,440 | -28.5% |
| Remuneration and social security | 454/9 | €2,470 | - | -€2,470 | |
| Other amounts payable | 47/48 | €60,032 | €66,231 | +€6,200 | +10.3% |
| Remuneration, social security and pensions | 62 | €28,095 | -€7 | -€28,102 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,976 | €35,162 | +€186 | +0.5% |
| Other operating charges | 640/8 | €6,967 | €4,367 | -€2,600 | -37.3% |
| Gross operating margin | 9900 | €76,723 | €74,491 | -€2,232 | -2.9% |
| Operating profit (loss) | 9901 | €6,685 | €34,970 | +€28,285 | +423% |
| Financial income | 75/76B | €757 | - | -€757 | |
| Recurring financial income | 75 | €757 | - | -€757 | |
| Financial charges | 65/66B | €15,606 | €12,722 | -€2,883 | -18.5% |
| Recurring financial charges | 65 | €15,606 | €12,722 | -€2,883 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,163 | €22,247 | +€30,411 | |
| Income taxes | 67/77 | €1,109 | - | -€1,109 | |
| Profit (loss) for the period | 9904 | -€9,272 | €22,247 | +€31,520 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,272 | €22,247 | +€31,520 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.