CREATED TO CURE: what changed
CREATED TO CURE
Largest movements
- Current investments +€10,000
up €10,000, from €0 to €10,000
- Tangible fixed assets -€7,844
down €7,844 (-22.4%), from €35,017 to €27,174
of which Plant, machinery and equipment: -€4,270
- Receivables within one year +€6,814
up €6,814 (+253%), from €2,695 to €9,508
of which Other amounts receivable: +€5,394
- Cash -€2,714
down €2,714 (-5.0%), from €54,173 to €51,459
mainly Contributions, distributions and other (-€12,768) and Current investments (-€10,000)
- Deferred charges and accrued income -€1,350
down €1,350 (-100%), from €1,350 to €0
- Other debts +€21,496
up €21,496 (+160%), from €13,471 to €34,967
- Reserves -€13,731
down €13,731 (-19.1%), from €71,744 to €58,013
of which Distributable reserves: -€13,731
- Tax, wage and social debts -€6,958
down €6,958 (-69.9%), from €9,948 to €2,990
of which Taxes: -€7,213
- Current portion of long-term debt +€3,343
new in 2025: €3,343
- Profit (loss) carried forward +€3,305
up €3,305 (+13.9%), from €23,775 to €27,080
- Gross operating margin -€11,848
down €11,848 (-48.7%), from €24,305 to €12,458
- Taxes -€3,830
down €3,830 (-78.2%), from €4,898 to €1,068
- Financial charges -€415
down €415 (-32.1%), from €1,292 to €877
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 | €128,236 | €133,141 | +€4,905 | +3.8% |
| Fixed assets | 21/28 | €35,017 | €27,174 | -€7,844 | -22.4% |
| Tangible fixed assets | 22/27 | €35,017 | €27,174 | -€7,844 | -22.4% |
| Plant, machinery and equipment | 23 | €18,422 | €14,152 | -€4,270 | -23.2% |
| Furniture and vehicles | 24 | €16,595 | €13,022 | -€3,573 | -21.5% |
| Current assets | 29/58 | €93,218 | €105,967 | +€12,749 | +13.7% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,695 | €9,508 | +€6,814 | +253% |
| Trade receivables | 40 | €1,593 | €3,012 | +€1,419 | +89.1% |
| Other amounts receivable | 41 | €1,102 | €6,497 | +€5,394 | +489% |
| Current investments | 50/53 | €0 | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €54,173 | €51,459 | -€2,714 | -5.0% |
| Deferred charges and accrued income | 490/1 | €1,350 | €0 | -€1,350 | -100% |
| Total equity and liabilities | 10/49 | €128,236 | €133,141 | +€4,905 | +3.8% |
| Equity | 10/15 | €101,718 | €91,293 | -€10,425 | -10.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,744 | €58,013 | -€13,731 | -19.1% |
| 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 | €69,884 | €56,153 | -€13,731 | -19.6% |
| Profit (loss) carried forward | 14 | €23,775 | €27,080 | +€3,305 | +13.9% |
| Amounts payable | 17/49 | €26,517 | €41,848 | +€15,330 | +57.8% |
| Amounts payable within one year | 42/48 | €25,761 | €41,848 | +€16,087 | +62.4% |
| Current portion of amounts payable after more than one year | 42 | - | €3,343 | +€3,343 | |
| Financial debts | 43 | €930 | €547 | -€383 | -41.2% |
| Credit institutions | 430/8 | €930 | €547 | -€383 | -41.2% |
| Trade debts | 44 | €1,412 | €0 | -€1,412 | -100% |
| Suppliers | 440/4 | €1,412 | €0 | -€1,412 | -100% |
| Taxes, remuneration and social security | 45 | €9,948 | €2,990 | -€6,958 | -69.9% |
| Taxes | 450/3 | €7,900 | €687 | -€7,213 | -91.3% |
| Remuneration and social security | 454/9 | €2,049 | €2,304 | +€255 | +12.5% |
| Other amounts payable | 47/48 | €13,471 | €34,967 | +€21,496 | +160% |
| Accrued charges and deferred income | 492/3 | €756 | €0 | -€756 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,945 | €7,844 | -€101 | -1.3% |
| Other operating charges | 640/8 | €632 | €684 | +€53 | +8.3% |
| Gross operating margin | 9900 | €24,305 | €12,458 | -€11,848 | -48.7% |
| Operating profit (loss) | 9901 | €15,729 | €3,930 | -€11,799 | -75.0% |
| Financial income | 75/76B | €560 | €358 | -€203 | -36.2% |
| Recurring financial income | 75 | €560 | €358 | -€203 | -36.2% |
| Financial charges | 65/66B | €1,292 | €877 | -€415 | -32.1% |
| Recurring financial charges | 65 | €1,292 | €877 | -€415 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €14,997 | €3,411 | -€11,586 | -77.3% |
| Income taxes | 67/77 | €4,898 | €1,068 | -€3,830 | -78.2% |
| Profit (loss) for the period | 9904 | €10,099 | €2,343 | -€7,757 | -76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,099 | €2,343 | -€7,757 | -76.8% |
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.