CUKUR: 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.
CUKUR
Largest movements
- Receivables within one year +€24,726
up €24,726 (+189%), from €13,108 to €37,834
of which Other amounts receivable: +€27,630
- Cash -€1,209
down €1,209 (-96.1%), from €1,258 to €48
mainly Receivables within one year (-€24,726) and Debts within one year (-€16,740)
- Formation expenses -€410
down €410 (-33.3%), from €1,229 to €819
- Equity +€39,847
up €39,847, from -€6,218 to €33,629
of which Profit (loss) carried forward: +€27,447
- Debts within one year -€16,740
down €16,740 (-76.7%), from €21,813 to €5,072
- Gross operating margin +€26,553
up €26,553 (+3,998%), from €664 to €27,217
- Financial income +€780
new in 2021: €780
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,595 | €38,702 | +€23,107 | +148% |
| Formation expenses | 20 | €1,229 | €819 | -€410 | -33.3% |
| Current assets | 29/58 | €14,366 | €37,882 | +€23,516 | +164% |
| Amounts receivable within one year | 40/41 | €13,108 | €37,834 | +€24,726 | +189% |
| Trade receivables | 40 | - | €10,204 | +€10,204 | |
| Other amounts receivable | 41 | - | €27,630 | +€27,630 | |
| Cash at bank and in hand | 54/58 | €1,258 | €48 | -€1,209 | -96.1% |
| Total equity and liabilities | 10/49 | €15,595 | €38,702 | +€23,107 | +148% |
| Equity | 10/15 | -€6,218 | €33,629 | +€39,847 | |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€12,418 | €15,029 | +€27,447 | |
| Amounts payable | 17/49 | €21,813 | €5,072 | -€16,740 | -76.7% |
| Amounts payable within one year | 42/48 | €21,813 | €5,072 | -€16,740 | -76.7% |
| Trade debts | 44 | €6,416 | €5,072 | -€1,344 | -20.9% |
| Suppliers | 440/4 | - | €5,072 | +€5,072 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €410 | €410 | = | 0.0% |
| Gross operating margin | 9900 | €664 | €27,217 | +€26,553 | +3,998% |
| Operating profit (loss) | 9901 | €155 | €26,808 | +€26,653 | +17,247% |
| Financial income | 75/76B | - | €780 | +€780 | |
| Recurring financial income | 75 | - | €780 | +€780 | |
| Financial charges | 65/66B | - | €141 | +€141 | |
| Recurring financial charges | 65 | - | €141 | +€141 | |
| Profit (loss) for the period before taxes | 9903 | €155 | €27,447 | +€27,292 | +17,660% |
| Profit (loss) for the period | 9904 | €155 | €27,447 | +€27,292 | +17,660% |
| Profit (loss) for the period to be appropriated | 9905 | €155 | €27,447 | +€27,292 | +17,660% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.