CURA Immo: 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 Immo
Largest movements
- Tangible fixed assets +€363,917
up €363,917 (+62.9%), from €578,901 to €942,818
of which Land and buildings: +€364,210
- Cash -€54,840
down €54,840 (-65.0%), from €84,393 to €29,553
mainly Investment in fixed assets (net) (-€426,251) and Other debts (-€62,358)
- Debts after one year +€349,707
up €349,707 (+73.0%), from €479,274 to €828,982
- Other debts -€62,358
down €62,358 (-75.5%), from €82,647 to €20,289
- Current portion of long-term debt +€19,053
up €19,053 (+34.7%), from €54,934 to €73,987
- Depreciation +€10,966
up €10,966 (+21.3%), from €51,368 to €62,334
- Financial charges +€10,093
up €10,093 (+65.3%), from €15,451 to €25,544
- Gross operating margin +€9,015
up €9,015 (+8.8%), from €102,754 to €111,769
- Taxes -€6,874
down €6,874 (-91.6%), from €7,506 to €632
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 | €666,533 | €978,072 | +€311,539 | +46.7% |
| Fixed assets | 21/28 | €578,901 | €942,818 | +€363,917 | +62.9% |
| Tangible fixed assets | 22/27 | €578,901 | €942,818 | +€363,917 | +62.9% |
| Land and buildings | 22 | €578,361 | €942,570 | +€364,210 | +63.0% |
| Furniture and vehicles | 24 | €540 | €248 | -€293 | -54.1% |
| Current assets | 29/58 | €87,632 | €35,254 | -€52,377 | -59.8% |
| Amounts receivable within one year | 40/41 | €1,373 | €5,193 | +€3,820 | +278.2% |
| Trade receivables | 40 | €1,373 | €2,825 | +€1,452 | +105.8% |
| Other amounts receivable | 41 | - | €2,368 | +€2,368 | |
| Cash at bank and in hand | 54/58 | €84,393 | €29,553 | -€54,840 | -65.0% |
| Deferred charges and accrued income | 490/1 | €1,866 | €508 | -€1,357 | -72.8% |
| Total equity and liabilities | 10/49 | €666,533 | €978,072 | +€311,539 | +46.7% |
| Equity | 10/15 | €43,986 | €44,296 | +€310 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,526 | €23,836 | +€310 | +1.3% |
| Amounts payable | 17/49 | €622,547 | €933,776 | +€311,229 | +50.0% |
| Amounts payable after more than one year | 17 | €479,274 | €828,982 | +€349,707 | +73.0% |
| Financial debts | 170/4 | €479,274 | €828,982 | +€349,707 | +73.0% |
| Amounts payable within one year | 42/48 | €140,788 | €99,655 | -€41,133 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €54,934 | €73,987 | +€19,053 | +34.7% |
| Trade debts | 44 | €797 | €5,379 | +€4,582 | +574.8% |
| Suppliers | 440/4 | €797 | €5,379 | +€4,582 | +574.8% |
| Taxes, remuneration and social security | 45 | €2,409 | - | -€2,409 | |
| Taxes | 450/3 | €2,409 | - | -€2,409 | |
| Other amounts payable | 47/48 | €82,647 | €20,289 | -€62,358 | -75.5% |
| Accrued charges and deferred income | 492/3 | €2,485 | €5,140 | +€2,655 | +106.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,368 | €62,334 | +€10,966 | +21.3% |
| Other operating charges | 640/8 | €3,193 | €3,949 | +€756 | +23.7% |
| Gross operating margin | 9900 | €102,754 | €111,769 | +€9,015 | +8.8% |
| Operating profit (loss) | 9901 | €48,194 | €45,486 | -€2,707 | -5.6% |
| Financial charges | 65/66B | €15,451 | €25,544 | +€10,093 | +65.3% |
| Recurring financial charges | 65 | €15,451 | €25,544 | +€10,093 | +65.3% |
| Profit (loss) for the period before taxes | 9903 | €32,743 | €19,942 | -€12,800 | -39.1% |
| Income taxes | 67/77 | €7,506 | €632 | -€6,874 | -91.6% |
| Profit (loss) for the period | 9904 | €25,236 | €19,310 | -€5,926 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,236 | €19,310 | -€5,926 | -23.5% |
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 11 October 2026 via checked.be.