CUIDADO: 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.
CUIDADO
Largest movements
- Tangible fixed assets +€647,809
up €647,809 (+45.4%), from €1.4m to €2.1m
of which Land and buildings: +€578,406
- Current investments -€144,602
down €144,602 (-95.1%), from €152,082 to €7,480
- Debts after one year +€326,777
up €326,777 (+56.0%), from €583,896 to €910,674
of which Financial debts: +€326,777
- Reserves +€135,784
up €135,784 (+39.8%), from €340,746 to €476,530
of which Distributable reserves: +€135,784
- Current portion of long-term debt +€102,033
up €102,033 (+131.3%), from €77,689 to €179,722
- Other debts -€41,576
down €41,576 (-11.0%), from €376,954 to €335,378
- Depreciation +€81,288
up €81,288 (+162.4%), from €50,046 to €131,334
- Gross operating margin +€67,147
up €67,147 (+23.9%), from €280,435 to €347,582
- Taxes -€4,311
down €4,311 (-6.8%), from €63,670 to €59,359
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 | €1,654,234 | €2,187,752 | +€533,518 | +32.3% |
| Fixed assets | 21/28 | €1,426,404 | €2,074,213 | +€647,809 | +45.4% |
| Tangible fixed assets | 22/27 | €1,426,404 | €2,074,213 | +€647,809 | +45.4% |
| Land and buildings | 22 | €1,402,142 | €1,980,549 | +€578,406 | +41.3% |
| Plant, machinery and equipment | 23 | €383 | €255 | -€128 | -33.3% |
| Furniture and vehicles | 24 | €1,632 | €72,160 | +€70,528 | +4322.8% |
| Other tangible fixed assets | 26 | €22,248 | €21,249 | -€998 | -4.5% |
| Current assets | 29/58 | €227,830 | €113,538 | -€114,291 | -50.2% |
| Amounts receivable within one year | 40/41 | €43,678 | €52,682 | +€9,004 | +20.6% |
| Trade receivables | 40 | €43,678 | €52,379 | +€8,701 | +19.9% |
| Other amounts receivable | 41 | €0 | €303 | +€303 | |
| Current investments | 50/53 | €152,082 | €7,480 | -€144,602 | -95.1% |
| Cash at bank and in hand | 54/58 | €24,838 | €46,111 | +€21,273 | +85.6% |
| Deferred charges and accrued income | 490/1 | €7,232 | €7,265 | +€33 | +0.5% |
| Total equity and liabilities | 10/49 | €1,654,234 | €2,187,752 | +€533,518 | +32.3% |
| Equity | 10/15 | €528,606 | €664,390 | +€135,784 | +25.7% |
| Contributions | 10/11 | €187,860 | €187,860 | = | 0.0% |
| Reserves | 13 | €340,746 | €476,530 | +€135,784 | +39.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €2,809 | €2,809 | = | 0.0% |
| Distributable reserves | 133 | €337,937 | €473,721 | +€135,784 | +40.2% |
| Amounts payable | 17/49 | €1,125,628 | €1,523,361 | +€397,734 | +35.3% |
| Amounts payable after more than one year | 17 | €583,896 | €910,674 | +€326,777 | +56.0% |
| Financial debts | 170/4 | €376,032 | €702,810 | +€326,777 | +86.9% |
| Other amounts payable | 178/9 | €207,864 | €207,864 | = | 0.0% |
| Amounts payable within one year | 42/48 | €477,785 | €534,610 | +€56,825 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €77,689 | €179,722 | +€102,033 | +131.3% |
| Trade debts | 44 | €3,769 | €5,099 | +€1,330 | +35.3% |
| Suppliers | 440/4 | €3,769 | €5,099 | +€1,330 | +35.3% |
| Taxes, remuneration and social security | 45 | €19,372 | €14,411 | -€4,961 | -25.6% |
| Taxes | 450/3 | €13,635 | €9,188 | -€4,446 | -32.6% |
| Remuneration and social security | 454/9 | €5,738 | €5,223 | -€515 | -9.0% |
| Other amounts payable | 47/48 | €376,954 | €335,378 | -€41,576 | -11.0% |
| Accrued charges and deferred income | 492/3 | €63,946 | €78,077 | +€14,131 | +22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,046 | €131,334 | +€81,288 | +162.4% |
| Other operating charges | 640/8 | €2,458 | €4,439 | +€1,981 | +80.6% |
| Gross operating margin | 9900 | €280,435 | €347,582 | +€67,147 | +23.9% |
| Operating profit (loss) | 9901 | €227,931 | €211,808 | -€16,123 | -7.1% |
| Financial income | 75/76B | €117 | €572 | +€455 | +387.8% |
| Recurring financial income | 75 | €117 | €572 | +€455 | +387.8% |
| Financial charges | 65/66B | €17,970 | €17,237 | -€733 | -4.1% |
| Recurring financial charges | 65 | €17,970 | €17,237 | -€733 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €210,078 | €195,143 | -€14,935 | -7.1% |
| Income taxes | 67/77 | €63,670 | €59,359 | -€4,311 | -6.8% |
| Profit (loss) for the period | 9904 | €146,408 | €135,784 | -€10,624 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €146,408 | €135,784 | -€10,624 | -7.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.