CURADENTA: 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.
CURADENTA
Largest movements
- Current investments +€500,224
up €500,224 (+159%), from €315,272 to €815,495
- Cash -€216,089
down €216,089 (-75.9%), from €284,832 to €68,743
mainly Current investments (-€500,224) and Contributions, distributions and other (-€321,393)
- Other debts +€409,574
up €409,574 (+982%), from €41,717 to €451,291
- Reserves -€106,962
down €106,962 (-12.8%), from €837,545 to €730,583
of which Distributable reserves: -€105,102
- Trade debts -€65,847
down €65,847 (-76.7%), from €85,825 to €19,978
- Tax, wage and social debts +€36,596
up €36,596 (+142%), from €25,741 to €62,337
of which Taxes: +€26,495
- Accrued charges and deferred income +€26,419
up €26,419 (+2,451%), from €1,078 to €27,497
- Gross operating margin +€180,609
up €180,609 (+34.2%), from €527,843 to €708,451
- Staff costs +€45,870
up €45,870 (+25.3%), from €181,496 to €227,366
- Financial charges +€43,215
up €43,215 (+66.5%), from €64,981 to €108,195
- Taxes +€23,812
up €23,812 (+32.7%), from €72,723 to €96,535
- Provisions -€12,477
down €12,477, from €7,984 to -€4,493
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 | €1,091,817 | €1,383,883 | +€292,066 | +26.8% |
| Fixed assets | 21/28 | €297,247 | €288,310 | -€8,936 | -3.0% |
| Intangible fixed assets | 21 | €1,286 | €888 | -€397 | -30.9% |
| Tangible fixed assets | 22/27 | €295,961 | €287,422 | -€8,539 | -2.9% |
| Land and buildings | 22 | - | €12,801 | +€12,801 | |
| Plant, machinery and equipment | 23 | €157,164 | €131,846 | -€25,319 | -16.1% |
| Furniture and vehicles | 24 | €32,235 | €31,905 | -€330 | -1.0% |
| Leasing and similar rights | 25 | €11,243 | €7,916 | -€3,327 | -29.6% |
| Other tangible fixed assets | 26 | €95,319 | €102,954 | +€7,635 | +8.0% |
| Current assets | 29/58 | €794,570 | €1,095,573 | +€301,003 | +37.9% |
| Amounts receivable within one year | 40/41 | €186,560 | €192,307 | +€5,747 | +3.1% |
| Trade receivables | 40 | €186,560 | €192,307 | +€5,747 | +3.1% |
| Current investments | 50/53 | €315,272 | €815,495 | +€500,224 | +159% |
| Cash at bank and in hand | 54/58 | €284,832 | €68,743 | -€216,089 | -75.9% |
| Deferred charges and accrued income | 490/1 | €7,907 | €19,028 | +€11,121 | +141% |
| Total equity and liabilities | 10/49 | €1,091,817 | €1,383,883 | +€292,066 | +26.8% |
| Equity | 10/15 | €843,745 | €736,783 | -€106,962 | -12.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €837,545 | €730,583 | -€106,962 | -12.8% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Own shares acquired | 1312 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €835,685 | €730,583 | -€105,102 | -12.6% |
| Provisions and deferred taxes | 16 | €81,582 | €77,089 | -€4,493 | -5.5% |
| Provisions for liabilities and charges | 160/5 | €81,582 | €77,089 | -€4,493 | -5.5% |
| Environmental obligations | 163 | €81,582 | €77,089 | -€4,493 | -5.5% |
| Amounts payable | 17/49 | €166,489 | €570,011 | +€403,522 | +242% |
| Amounts payable after more than one year | 17 | €8,909 | €5,690 | -€3,219 | -36.1% |
| Financial debts | 170/4 | €8,909 | €5,690 | -€3,219 | -36.1% |
| Amounts payable within one year | 42/48 | €156,502 | €536,825 | +€380,322 | +243% |
| Current portion of amounts payable after more than one year | 42 | €3,219 | €3,219 | = | 0.0% |
| Trade debts | 44 | €85,825 | €19,978 | -€65,847 | -76.7% |
| Suppliers | 440/4 | €85,825 | €19,978 | -€65,847 | -76.7% |
| Taxes, remuneration and social security | 45 | €25,741 | €62,337 | +€36,596 | +142% |
| Taxes | 450/3 | €4,975 | €31,470 | +€26,495 | +533% |
| Remuneration and social security | 454/9 | €20,766 | €30,866 | +€10,100 | +48.6% |
| Other amounts payable | 47/48 | €41,717 | €451,291 | +€409,574 | +982% |
| Accrued charges and deferred income | 492/3 | €1,078 | €27,497 | +€26,419 | +2,451% |
| Remuneration, social security and pensions | 62 | €181,496 | €227,366 | +€45,870 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,872 | €58,153 | +€11,281 | +24.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €7,984 | -€4,493 | -€12,477 | |
| Other operating charges | 640/8 | €2,929 | €8,273 | +€5,344 | +182% |
| Non-recurring operating charges | 66A | - | €265 | +€265 | |
| Gross operating margin | 9900 | €527,843 | €708,451 | +€180,609 | +34.2% |
| Operating profit (loss) | 9901 | €288,563 | €418,888 | +€130,325 | +45.2% |
| Financial income | 75/76B | €316 | €273 | -€43 | -13.6% |
| Recurring financial income | 75 | €316 | €273 | -€43 | -13.6% |
| Financial charges | 65/66B | €64,981 | €108,195 | +€43,215 | +66.5% |
| Recurring financial charges | 65 | €64,981 | €108,195 | +€43,215 | +66.5% |
| Profit (loss) for the period before taxes | 9903 | €223,898 | €310,965 | +€87,067 | +38.9% |
| Income taxes | 67/77 | €72,723 | €96,535 | +€23,812 | +32.7% |
| Profit (loss) for the period | 9904 | €151,175 | €214,430 | +€63,255 | +41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €151,175 | €214,430 | +€63,255 | +41.8% |
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 24 October 2026 via checked.be.