CURA LENIS: 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 LENIS
Largest movements
- Tangible fixed assets +€77,807
up €77,807 (+131%), from €59,221 to €137,028
of which Leasing and similar rights: +€83,008
- Cash +€60,496
up €60,496 (+269%), from €22,525 to €83,021
mainly Net result for the year (+€99,057) and Debts after one year (+€65,256)
- Receivables within one year -€8,823
down €8,823 (-30.1%), from €29,357 to €20,533
of which Other amounts receivable: -€8,312
- Receivables after one year -€7,000
down €7,000 (-2.4%), from €290,000 to €283,000
- Deferred charges and accrued income +€5,696
up €5,696 (+62.2%), from €9,155 to €14,852
- Debts after one year +€65,256
up €65,256 (+258%), from €25,311 to €90,567
- Other debts +€52,639
up €52,639 (+49.4%), from €106,619 to €159,258
- Current portion of long-term debt +€17,772
up €17,772 (+281%), from €6,328 to €24,100
- Reserves -€9,847
down €9,847 (-3.9%), from €254,329 to €244,482
- Accrued charges and deferred income +€8,059
new in 2025: €8,059
- Depreciation +€3,810
up €3,810 (+35.9%), from €10,604 to €14,414
- Gross operating margin +€2,976
up €2,976 (+2.1%), from €143,671 to €146,648
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
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 | €410,258 | €538,434 | +€128,176 | +31.2% |
| Fixed assets | 21/28 | €59,221 | €137,028 | +€77,807 | +131% |
| Tangible fixed assets | 22/27 | €59,221 | €137,028 | +€77,807 | +131% |
| Land and buildings | 22 | €6,694 | €5,443 | -€1,251 | -18.7% |
| Furniture and vehicles | 24 | €20,934 | €16,984 | -€3,951 | -18.9% |
| Leasing and similar rights | 25 | €31,593 | €114,602 | +€83,008 | +263% |
| Current assets | 29/58 | €351,037 | €401,406 | +€50,369 | +14.3% |
| Amounts receivable after more than one year | 29 | €290,000 | €283,000 | -€7,000 | -2.4% |
| Other amounts receivable | 291 | €290,000 | €283,000 | -€7,000 | -2.4% |
| Amounts receivable within one year | 40/41 | €29,357 | €20,533 | -€8,823 | -30.1% |
| Trade receivables | 40 | €20,984 | €20,472 | -€512 | -2.4% |
| Other amounts receivable | 41 | €8,373 | €62 | -€8,312 | -99.3% |
| Cash at bank and in hand | 54/58 | €22,525 | €83,021 | +€60,496 | +269% |
| Deferred charges and accrued income | 490/1 | €9,155 | €14,852 | +€5,696 | +62.2% |
| Total equity and liabilities | 10/49 | €410,258 | €538,434 | +€128,176 | +31.2% |
| Equity | 10/15 | €260,529 | €250,682 | -€9,847 | -3.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €254,329 | €244,482 | -€9,847 | -3.9% |
| Distributable reserves | 133 | €254,329 | €244,482 | -€9,847 | -3.9% |
| Amounts payable | 17/49 | €149,729 | €287,752 | +€138,023 | +92.2% |
| Amounts payable after more than one year | 17 | €25,311 | €90,567 | +€65,256 | +258% |
| Financial debts | 170/4 | €25,311 | €90,567 | +€65,256 | +258% |
| Amounts payable within one year | 42/48 | €124,418 | €189,126 | +€64,707 | +52.0% |
| Current portion of amounts payable after more than one year | 42 | €6,328 | €24,100 | +€17,772 | +281% |
| Trade debts | 44 | €5,254 | €1,223 | -€4,031 | -76.7% |
| Suppliers | 440/4 | €5,254 | €1,223 | -€4,031 | -76.7% |
| Taxes, remuneration and social security | 45 | €6,218 | €4,545 | -€1,673 | -26.9% |
| Taxes | 450/3 | €3,569 | €2,545 | -€1,024 | -28.7% |
| Remuneration and social security | 454/9 | €2,649 | €2,000 | -€649 | -24.5% |
| Other amounts payable | 47/48 | €106,619 | €159,258 | +€52,639 | +49.4% |
| Accrued charges and deferred income | 492/3 | - | €8,059 | +€8,059 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,604 | €14,414 | +€3,810 | +35.9% |
| Other operating charges | 640/8 | €1,566 | €2,138 | +€572 | +36.5% |
| Gross operating margin | 9900 | €143,671 | €146,648 | +€2,976 | +2.1% |
| Operating profit (loss) | 9901 | €131,501 | €130,096 | -€1,406 | -1.1% |
| Financial income | 75/76B | €2,900 | €2,865 | -€35 | -1.2% |
| Recurring financial income | 75 | €2,900 | €2,865 | -€35 | -1.2% |
| Financial charges | 65/66B | €1,294 | €1,966 | +€672 | +51.9% |
| Recurring financial charges | 65 | €1,294 | €1,966 | +€672 | +51.9% |
| Profit (loss) for the period before taxes | 9903 | €133,107 | €130,995 | -€2,112 | -1.6% |
| Income taxes | 67/77 | €32,127 | €31,938 | -€188 | -0.6% |
| Profit (loss) for the period | 9904 | €100,980 | €99,057 | -€1,924 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €100,980 | €99,057 | -€1,924 | -1.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.