Cura Estate: 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.
Cura Estate
Largest movements
- Tangible fixed assets -€463,879
down €463,879 (-4.6%), from €10.0m to €9.5m
- Debts after one year -€7.2m
down €7.2m (-80.1%), from €9.0m to €1.8m
- Current portion of long-term debt +€6.7m
up €6.7m (+1,431%), from €469,000 to €7.2m
- Profit (loss) carried forward -€240,962
down €240,962 (-24.8%), from -€970,610 to -€1.2m
- Other debts +€143,802
up €143,802 (+9.9%), from €1.5m to €1.6m
- Short-term financial debts +€113,145
up €113,145 (+167%), from €67,641 to €180,787
- Financial charges -€128,759
down €128,759 (-26.6%), from €484,390 to €355,631
- Gross operating margin +€6,273
up €6,273 (+1.1%), from €570,799 to €577,072
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,084,541 | €9,587,282 | -€497,258 | -4.9% |
| Fixed assets | 21/28 | €9,982,952 | €9,519,073 | -€463,879 | -4.6% |
| Tangible fixed assets | 22/27 | €9,982,952 | €9,519,073 | -€463,879 | -4.6% |
| Other tangible fixed assets | 26 | €9,982,952 | €9,519,073 | -€463,879 | -4.6% |
| Current assets | 29/58 | €101,589 | €68,209 | -€33,379 | -32.9% |
| Amounts receivable within one year | 40/41 | €101,055 | €68,209 | -€32,846 | -32.5% |
| Other amounts receivable | 41 | €101,055 | €68,209 | -€32,846 | -32.5% |
| Deferred charges and accrued income | 490/1 | €533 | €0 | -€533 | -100% |
| Total equity and liabilities | 10/49 | €10,084,541 | €9,587,282 | -€497,258 | -4.9% |
| Equity | 10/15 | -€920,610 | -€1,161,572 | -€240,962 | -26.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€970,610 | -€1,211,572 | -€240,962 | -24.8% |
| Amounts payable | 17/49 | €11,005,150 | €10,748,854 | -€256,296 | -2.3% |
| Amounts payable after more than one year | 17 | €8,959,750 | €1,780,000 | -€7.2m | -80.1% |
| Financial debts | 170/4 | €8,959,750 | €1,780,000 | -€7.2m | -80.1% |
| Amounts payable within one year | 42/48 | €1,997,067 | €8,968,143 | +€7.0m | +349% |
| Current portion of amounts payable after more than one year | 42 | €469,000 | €7,179,750 | +€6.7m | +1,431% |
| Financial debts | 43 | €67,641 | €180,787 | +€113,145 | +167% |
| Credit institutions | 430/8 | €67,641 | €180,787 | +€113,145 | +167% |
| Trade debts | 44 | €896 | €4,274 | +€3,379 | +377% |
| Suppliers | 440/4 | €896 | €4,274 | +€3,379 | +377% |
| Other amounts payable | 47/48 | €1,459,530 | €1,603,332 | +€143,802 | +9.9% |
| Accrued charges and deferred income | 492/3 | €48,333 | €711 | -€47,622 | -98.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €463,879 | €463,879 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,684 | €1,734 | +€50 | +3.0% |
| Gross operating margin | 9900 | €570,799 | €577,072 | +€6,273 | +1.1% |
| Operating profit (loss) | 9901 | €105,236 | €111,459 | +€6,223 | +5.9% |
| Financial income | 75/76B | €3,888 | €3,209 | -€679 | -17.5% |
| Recurring financial income | 75 | €3,888 | €3,209 | -€679 | -17.5% |
| Financial charges | 65/66B | €484,390 | €355,631 | -€128,759 | -26.6% |
| Recurring financial charges | 65 | €484,390 | €355,631 | -€128,759 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | -€375,266 | -€240,962 | +€134,303 | +35.8% |
| Profit (loss) for the period | 9904 | -€375,266 | -€240,962 | +€134,303 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€375,266 | -€240,962 | +€134,303 | +35.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.