CURAFYT: 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.
CURAFYT
Largest movements
- Receivables within one year +€32,246
up €32,246 (+87.9%), from €36,665 to €68,911
of which Other amounts receivable: +€27,022
- Stocks and contracts +€12,098
up €12,098 (+7.2%), from €167,367 to €179,465
- Profit (loss) carried forward -€241,789
down €241,789 (-21.1%), from -€1.1m to -€1.4m
- Debts after one year +€112,797
up €112,797 (+15.3%), from €735,357 to €848,154
- Short-term financial debts +€100,000
new in 2025: €100,000
- Trade debts +€73,079
up €73,079 (+41.3%), from €176,914 to €249,993
- Current portion of long-term debt -€26,553
down €26,553 (-15.7%), from €168,756 to €142,203
- Staff costs +€32,950
up €32,950 (+22.8%), from €144,732 to €177,682
- Gross operating margin +€12,628
up €12,628 (+25.4%), from €49,730 to €62,358
- Other operating charges +€8,254
up €8,254 (+214%), from €3,864 to €12,118
- Depreciation +€5,075
up €5,075 (+10.1%), from €50,355 to €55,430
- Financial charges -€3,743
down €3,743 (-6.0%), from €62,661 to €58,918
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 | €590,377 | €641,397 | +€51,021 | +8.6% |
| Fixed assets | 21/28 | €202,811 | €206,288 | +€3,476 | +1.7% |
| Intangible fixed assets | 21 | €195,566 | €198,543 | +€2,977 | +1.5% |
| Tangible fixed assets | 22/27 | €5,296 | €5,795 | +€499 | +9.4% |
| Furniture and vehicles | 24 | €5,296 | €5,795 | +€499 | +9.4% |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €387,565 | €435,110 | +€47,545 | +12.3% |
| Stocks and contracts in progress | 3 | €167,367 | €179,465 | +€12,098 | +7.2% |
| Stocks | 30/36 | €167,367 | €179,465 | +€12,098 | +7.2% |
| Amounts receivable within one year | 40/41 | €36,665 | €68,911 | +€32,246 | +87.9% |
| Trade receivables | 40 | €18,072 | €23,297 | +€5,224 | +28.9% |
| Other amounts receivable | 41 | €18,592 | €45,614 | +€27,022 | +145% |
| Cash at bank and in hand | 54/58 | €172,131 | €176,845 | +€4,714 | +2.7% |
| Deferred charges and accrued income | 490/1 | €11,403 | €9,889 | -€1,514 | -13.3% |
| Total equity and liabilities | 10/49 | €590,377 | €641,397 | +€51,021 | +8.6% |
| Equity | 10/15 | -€592,184 | -€833,973 | -€241,789 | -40.8% |
| Contributions | 10/11 | €551,364 | €551,364 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,143,548 | -€1,385,337 | -€241,789 | -21.1% |
| Amounts payable | 17/49 | €1,182,560 | €1,475,370 | +€292,810 | +24.8% |
| Amounts payable after more than one year | 17 | €735,357 | €848,154 | +€112,797 | +15.3% |
| Financial debts | 170/4 | €735,357 | €848,154 | +€112,797 | +15.3% |
| Amounts payable within one year | 42/48 | €427,356 | €607,369 | +€180,013 | +42.1% |
| Current portion of amounts payable after more than one year | 42 | €168,756 | €142,203 | -€26,553 | -15.7% |
| Financial debts | 43 | - | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €176,914 | €249,993 | +€73,079 | +41.3% |
| Suppliers | 440/4 | €176,914 | €249,993 | +€73,079 | +41.3% |
| Advances received on contracts in progress | 46 | €1,861 | €0 | -€1,861 | -100% |
| Taxes, remuneration and social security | 45 | €40,548 | €61,061 | +€20,513 | +50.6% |
| Taxes | 450/3 | €14,355 | €26,957 | +€12,602 | +87.8% |
| Remuneration and social security | 454/9 | €26,193 | €34,104 | +€7,911 | +30.2% |
| Other amounts payable | 47/48 | €39,276 | €54,112 | +€14,836 | +37.8% |
| Accrued charges and deferred income | 492/3 | €19,847 | €19,847 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €144,732 | €177,682 | +€32,950 | +22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,355 | €55,430 | +€5,075 | +10.1% |
| Other operating charges | 640/8 | €3,864 | €12,118 | +€8,254 | +214% |
| Gross operating margin | 9900 | €49,730 | €62,358 | +€12,628 | +25.4% |
| Operating profit (loss) | 9901 | -€149,220 | -€182,871 | -€33,651 | -22.6% |
| Financial charges | 65/66B | €62,661 | €58,918 | -€3,743 | -6.0% |
| Recurring financial charges | 65 | €62,661 | €58,918 | -€3,743 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€211,881 | -€241,789 | -€29,908 | -14.1% |
| Income taxes | 67/77 | €417 | €0 | -€417 | -100% |
| Profit (loss) for the period | 9904 | -€212,299 | -€241,789 | -€29,491 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€212,299 | -€241,789 | -€29,491 | -13.9% |
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 19 October 2026 via checked.be.