Curada: 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.
Curada
Largest movements
- Receivables within one year +€79,667
up €79,667 (+40.7%), from €195,934 to €275,601
- Cash -€13,310
down €13,310 (-30.0%), from €44,414 to €31,104
mainly Contributions, distributions and other (-€139,178) and Receivables within one year (-€79,667)
- Tangible fixed assets -€11,502
down €11,502 (-6.1%), from €187,138 to €175,636
of which Land and buildings: -€13,166
- Other debts +€130,947
new in 2025: €130,947
- Reserves -€81,519
down €81,519 (-35.8%), from €227,956 to €146,436
- Trade debts +€28,516
up €28,516 (+2145.1%), from €1,329 to €29,845
- Debts after one year -€15,576
down €15,576 (-10.8%), from €144,786 to €129,210
- Tax, wage and social debts -€6,726
down €6,726 (-27.1%), from €24,811 to €18,085
- Gross operating margin +€7,986
up €7,986 (+8.8%), from €91,029 to €99,015
- Financial income +€1,116
up €1,116 (+39.0%), from €2,863 to €3,980
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 | €427,773 | €483,797 | +€56,024 | +13.1% |
| Fixed assets | 21/28 | €187,138 | €175,636 | -€11,502 | -6.1% |
| Tangible fixed assets | 22/27 | €187,138 | €175,636 | -€11,502 | -6.1% |
| Land and buildings | 22 | €185,060 | €171,894 | -€13,166 | -7.1% |
| Plant, machinery and equipment | 23 | €1,689 | €3,741 | +€2,052 | +121.5% |
| Furniture and vehicles | 24 | €388 | €0 | -€388 | -100.0% |
| Current assets | 29/58 | €240,635 | €308,162 | +€67,526 | +28.1% |
| Amounts receivable within one year | 40/41 | €195,934 | €275,601 | +€79,667 | +40.7% |
| Other amounts receivable | 41 | €195,934 | €275,601 | +€79,667 | +40.7% |
| Cash at bank and in hand | 54/58 | €44,414 | €31,104 | -€13,310 | -30.0% |
| Deferred charges and accrued income | 490/1 | €287 | €1,456 | +€1,169 | +407.5% |
| Total equity and liabilities | 10/49 | €427,773 | €483,797 | +€56,024 | +13.1% |
| Equity | 10/15 | €240,356 | €158,836 | -€81,519 | -33.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €227,956 | €146,436 | -€81,519 | -35.8% |
| Distributable reserves | 133 | €227,956 | €146,436 | -€81,519 | -35.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €187,417 | €324,961 | +€137,544 | +73.4% |
| Amounts payable after more than one year | 17 | €144,786 | €129,210 | -€15,576 | -10.8% |
| Financial debts | 170/4 | €144,786 | €129,210 | -€15,576 | -10.8% |
| Amounts payable within one year | 42/48 | €42,631 | €194,454 | +€151,823 | +356.1% |
| Current portion of amounts payable after more than one year | 42 | €16,490 | €15,576 | -€914 | -5.5% |
| Trade debts | 44 | €1,329 | €29,845 | +€28,516 | +2145.1% |
| Suppliers | 440/4 | €1,329 | €29,845 | +€28,516 | +2145.1% |
| Taxes, remuneration and social security | 45 | €24,811 | €18,085 | -€6,726 | -27.1% |
| Taxes | 450/3 | €24,811 | €18,085 | -€6,726 | -27.1% |
| Other amounts payable | 47/48 | - | €130,947 | +€130,947 | |
| Accrued charges and deferred income | 492/3 | - | €1,297 | +€1,297 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,156 | €14,384 | +€229 | +1.6% |
| Other operating charges | 640/8 | €1,786 | €1,616 | -€169 | -9.5% |
| Gross operating margin | 9900 | €91,029 | €99,015 | +€7,986 | +8.8% |
| Operating profit (loss) | 9901 | €75,087 | €83,014 | +€7,927 | +10.6% |
| Financial income | 75/76B | €2,863 | €3,980 | +€1,116 | +39.0% |
| Recurring financial income | 75 | €2,863 | €3,980 | +€1,116 | +39.0% |
| Financial charges | 65/66B | €3,781 | €3,486 | -€295 | -7.8% |
| Recurring financial charges | 65 | €3,781 | €3,486 | -€295 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €74,170 | €83,508 | +€9,338 | +12.6% |
| Income taxes | 67/77 | €26,255 | €25,850 | -€405 | -1.5% |
| Profit (loss) for the period | 9904 | €47,914 | €57,658 | +€9,744 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,914 | €57,658 | +€9,744 | +20.3% |
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 10 October 2026 via checked.be.