CUQUIMMO: what changed
CUQUIMMO
Largest movements
- Cash -€87,452
down €87,452 (-96.3%), from €90,765 to €3,313
mainly Net result for the year (-€64,209) and Trade debts (-€49,817)
- Tangible fixed assets -€34,141
down €34,141 (-3.9%), from €864,930 to €830,789
- Profit (loss) carried forward -€64,209
down €64,209 (-35.5%), from -€180,805 to -€245,014
- Trade debts -€49,817
down €49,817 (-78.8%), from €63,235 to €13,418
- Debts after one year -€33,486
down €33,486 (-11.6%), from €289,907 to €256,421
- Other debts +€24,370
up €24,370 (+3.9%), from €624,421 to €648,791
- Purchases and services -€10,536
no longer reported in 2025 (was €10,536)
- Depreciation +€3,820
up €3,820 (+11.5%), from €33,319 to €37,139
- Gross operating margin -€3,217
down €3,217 (-30.5%), from -€10,536 to -€13,753
- Financial charges -€1,347
down €1,347 (-10.4%), from €12,988 to €11,641
- Other operating charges -€385
down €385 (-18.7%), from €2,061 to €1,676
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 | €956,647 | €834,736 | -€121,911 | -12.7% |
| Fixed assets | 21/28 | €864,930 | €830,789 | -€34,141 | -3.9% |
| Tangible fixed assets | 22/27 | €864,930 | €830,789 | -€34,141 | -3.9% |
| Land and buildings | 22 | €864,930 | €830,789 | -€34,141 | -3.9% |
| Current assets | 29/58 | €91,717 | €3,947 | -€87,770 | -95.7% |
| Amounts receivable within one year | 40/41 | €183 | - | -€183 | |
| Other amounts receivable | 41 | €183 | - | -€183 | |
| Cash at bank and in hand | 54/58 | €90,765 | €3,313 | -€87,452 | -96.3% |
| Deferred charges and accrued income | 490/1 | €769 | €634 | -€135 | -17.6% |
| Total equity and liabilities | 10/49 | €956,647 | €834,736 | -€121,911 | -12.7% |
| Equity | 10/15 | -€55,805 | -€120,014 | -€64,209 | -115% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€180,805 | -€245,014 | -€64,209 | -35.5% |
| Amounts payable | 17/49 | €1,012,452 | €954,750 | -€57,702 | -5.7% |
| Amounts payable after more than one year | 17 | €289,907 | €256,421 | -€33,486 | -11.6% |
| Financial debts | 170/4 | €289,907 | €256,421 | -€33,486 | -11.6% |
| Amounts payable within one year | 42/48 | €722,545 | €698,329 | -€24,216 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €34,889 | €36,120 | +€1,231 | +3.5% |
| Trade debts | 44 | €63,235 | €13,418 | -€49,817 | -78.8% |
| Suppliers | 440/4 | €63,235 | €13,418 | -€49,817 | -78.8% |
| Other amounts payable | 47/48 | €624,421 | €648,791 | +€24,370 | +3.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €10,536 | - | -€10,536 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,319 | €37,139 | +€3,820 | +11.5% |
| Other operating charges | 640/8 | €2,061 | €1,676 | -€385 | -18.7% |
| Gross operating margin | 9900 | -€10,536 | -€13,753 | -€3,217 | -30.5% |
| Operating profit (loss) | 9901 | -€45,916 | -€52,568 | -€6,652 | -14.5% |
| Financial charges | 65/66B | €12,988 | €11,641 | -€1,347 | -10.4% |
| Recurring financial charges | 65 | €12,988 | €11,641 | -€1,347 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | -€58,904 | -€64,209 | -€5,305 | -9.0% |
| Profit (loss) for the period | 9904 | -€58,904 | -€64,209 | -€5,305 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,904 | -€64,209 | -€5,305 | -9.0% |
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 6 November 2026 via checked.be.