CULKIN: 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.
CULKIN
Largest movements
- Receivables within one year -€5,783
down €5,783 (-1.8%), from €319,861 to €314,078
- Other debts -€3,686
no longer reported in 2025 (was €3,686)
- Gross operating margin -€558,897
down €558,897, from €557,385 to -€1,513
- Taxes -€152,604
no longer reported in 2025 (was €152,604)
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 | €320,390 | €314,119 | -€6,271 | -2.0% |
| Current assets | 29/58 | €320,390 | €314,119 | -€6,271 | -2.0% |
| Amounts receivable within one year | 40/41 | €319,861 | €314,078 | -€5,783 | -1.8% |
| Other amounts receivable | 41 | €319,861 | €314,078 | -€5,783 | -1.8% |
| Cash at bank and in hand | 54/58 | €529 | €42 | -€488 | -92.1% |
| Total equity and liabilities | 10/49 | €320,390 | €314,119 | -€6,271 | -2.0% |
| Equity | 10/15 | €316,316 | €314,119 | -€2,197 | -0.7% |
| Contributions | 10/11 | €61,928 | €61,928 | = | 0.0% |
| Capital | 10 | €61,928 | €61,928 | = | 0.0% |
| Issued capital | 100 | €61,928 | €61,928 | = | 0.0% |
| Reserves | 13 | €254,388 | €254,388 | = | 0.0% |
| Distributable reserves | 133 | €254,388 | €254,388 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,197 | -€2,197 | |
| Amounts payable | 17/49 | €4,074 | - | -€4,074 | |
| Amounts payable within one year | 42/48 | €3,686 | - | -€3,686 | |
| Other amounts payable | 47/48 | €3,686 | - | -€3,686 | |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Other operating charges | 640/8 | €892 | €544 | -€348 | -39.0% |
| Gross operating margin | 9900 | €557,385 | -€1,513 | -€558,897 | |
| Operating profit (loss) | 9901 | €556,493 | -€2,056 | -€558,550 | |
| Financial charges | 65/66B | €2,076 | €140 | -€1,935 | -93.2% |
| Recurring financial charges | 65 | €2,076 | €140 | -€1,935 | -93.2% |
| Profit (loss) for the period before taxes | 9903 | €554,418 | -€2,197 | -€556,614 | |
| Income taxes | 67/77 | €152,604 | - | -€152,604 | |
| Profit (loss) for the period | 9904 | €401,814 | -€2,197 | -€404,011 | |
| Profit (loss) for the period to be appropriated | 9905 | €401,814 | -€2,197 | -€404,011 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.