CUIR: 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.
CUIR
Largest movements
- Tangible fixed assets -€32,855
down €32,855 (-7.5%), from €435,916 to €403,061
of which Land and buildings: -€33,104
- Cash +€9,395
up €9,395 (+10.9%), from €86,450 to €95,844
mainly Depreciation (+€34,037) and Net result for the year (+€33,705)
- Stocks and contracts +€7,543
up €7,543 (+7.0%), from €107,861 to €115,404
- Debts after one year -€41,366
down €41,366 (-45.1%), from €91,629 to €50,263
- Reserves +€33,705
up €33,705 (+29.3%), from €114,959 to €148,663
of which Distributable reserves: +€33,705
- Trade debts -€8,534
down €8,534 (-74.4%), from €11,466 to €2,931
- Gross operating margin +€14,488
up €14,488 (+16.6%), from €87,294 to €101,783
- Other operating charges -€5,498
down €5,498 (-74.7%), from €7,358 to €1,860
- Staff costs +€2,651
up €2,651 (+9.8%), from €27,038 to €29,688
- Financial income +€2,500
up €2,500 (+143.0%), from €1,748 to €4,248
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 | €673,199 | €662,206 | -€10,993 | -1.6% |
| Fixed assets | 21/28 | €435,916 | €403,061 | -€32,855 | -7.5% |
| Tangible fixed assets | 22/27 | €435,916 | €403,061 | -€32,855 | -7.5% |
| Land and buildings | 22 | €434,488 | €401,383 | -€33,104 | -7.6% |
| Plant, machinery and equipment | 23 | €1,428 | €1,677 | +€249 | +17.4% |
| Current assets | 29/58 | €237,283 | €259,145 | +€21,862 | +9.2% |
| Stocks and contracts in progress | 3 | €107,861 | €115,404 | +€7,543 | +7.0% |
| Stocks | 30/36 | €107,861 | €115,404 | +€7,543 | +7.0% |
| Amounts receivable within one year | 40/41 | €40,932 | €45,808 | +€4,876 | +11.9% |
| Trade receivables | 40 | €14,211 | €18,569 | +€4,358 | +30.7% |
| Other amounts receivable | 41 | €26,721 | €27,239 | +€518 | +1.9% |
| Cash at bank and in hand | 54/58 | €86,450 | €95,844 | +€9,395 | +10.9% |
| Deferred charges and accrued income | 490/1 | €2,041 | €2,088 | +€48 | +2.3% |
| Total equity and liabilities | 10/49 | €673,199 | €662,206 | -€10,993 | -1.6% |
| Equity | 10/15 | €502,059 | €535,763 | +€33,705 | +6.7% |
| Contributions | 10/11 | €387,100 | €387,100 | = | 0.0% |
| Reserves | 13 | €114,959 | €148,663 | +€33,705 | +29.3% |
| Non-distributable reserves | 130/1 | €38,710 | €38,710 | = | 0.0% |
| Reserves not available under the articles | 1311 | €38,710 | €38,710 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,750 | €56,750 | = | 0.0% |
| Distributable reserves | 133 | €19,499 | €53,204 | +€33,705 | +172.9% |
| Amounts payable | 17/49 | €171,140 | €126,442 | -€44,698 | -26.1% |
| Amounts payable after more than one year | 17 | €91,629 | €50,263 | -€41,366 | -45.1% |
| Financial debts | 170/4 | €91,629 | €50,263 | -€41,366 | -45.1% |
| Amounts payable within one year | 42/48 | €79,511 | €76,179 | -€3,332 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €39,841 | €41,366 | +€1,525 | +3.8% |
| Trade debts | 44 | €11,466 | €2,931 | -€8,534 | -74.4% |
| Suppliers | 440/4 | €11,466 | €2,931 | -€8,534 | -74.4% |
| Taxes, remuneration and social security | 45 | €28,204 | €31,882 | +€3,677 | +13.0% |
| Taxes | 450/3 | €22,134 | €28,056 | +€5,922 | +26.8% |
| Remuneration and social security | 454/9 | €6,070 | €3,825 | -€2,245 | -37.0% |
| Remuneration, social security and pensions | 62 | €27,038 | €29,688 | +€2,651 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,673 | €34,037 | -€635 | -1.8% |
| Other operating charges | 640/8 | €7,358 | €1,860 | -€5,498 | -74.7% |
| Gross operating margin | 9900 | €87,294 | €101,783 | +€14,488 | +16.6% |
| Operating profit (loss) | 9901 | €18,226 | €36,197 | +€17,971 | +98.6% |
| Financial income | 75/76B | €1,748 | €4,248 | +€2,500 | +143.0% |
| Recurring financial income | 75 | €1,748 | €4,248 | +€2,500 | +143.0% |
| Financial charges | 65/66B | €7,264 | €6,559 | -€705 | -9.7% |
| Recurring financial charges | 65 | €7,264 | €6,559 | -€705 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €12,711 | €33,887 | +€21,176 | +166.6% |
| Income taxes | 67/77 | €127 | €182 | +€55 | +43.0% |
| Profit (loss) for the period | 9904 | €12,583 | €33,705 | +€21,122 | +167.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,583 | €33,705 | +€21,122 | +167.9% |
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.