CURAMINA: what changed
Two fiscal 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.
CURAMINA
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Tangible fixed assets -€14,565
down €14,565 (-20.7%), from €70,454 to €55,889
of which Furniture and vehicles: -€12,822
- Cash +€11,882
up €11,882 (+4.1%), from €291,603 to €303,485
mainly Net result for the year (+€65,245) and Other debts (+€22,825)
- Other debts +€22,825
up €22,825 (+89.7%), from €25,455 to €48,281
- Reserves +€18,000
up €18,000 (+7.3%), from €247,372 to €265,372
of which Distributable reserves: +€18,000
- Tax, wage and social debts +€13,723
up €13,723 (+168.9%), from €8,127 to €21,850
- Debts after one year -€7,641
down €7,641 (-46.8%), from €16,343 to €8,702
- Gross operating margin +€19,911
up €19,911 (+22.4%), from €88,949 to €108,860
- Taxes +€2,860
up €2,860 (+11.4%), from €25,094 to €27,954
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 | €363,060 | €410,266 | +€47,206 | +13.0% |
| Fixed assets | 21/28 | €71,346 | €56,781 | -€14,565 | -20.4% |
| Tangible fixed assets | 22/27 | €70,454 | €55,889 | -€14,565 | -20.7% |
| Land and buildings | 22 | €19,053 | €18,527 | -€526 | -2.8% |
| Plant, machinery and equipment | 23 | €2,598 | €1,382 | -€1,216 | -46.8% |
| Furniture and vehicles | 24 | €48,802 | €35,980 | -€12,822 | -26.3% |
| Financial fixed assets | 28 | €892 | €892 | = | 0.0% |
| Current assets | 29/58 | €291,714 | €353,485 | +€61,771 | +21.2% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €291,603 | €303,485 | +€11,882 | +4.1% |
| Deferred charges and accrued income | 490/1 | €111 | - | -€111 | |
| Total equity and liabilities | 10/49 | €363,060 | €410,266 | +€47,206 | +13.0% |
| Equity | 10/15 | €302,458 | €320,703 | +€18,245 | +6.0% |
| Contributions | 10/11 | €9,296 | €9,296 | = | 0.0% |
| Outside capital | 11 | €9,296 | €9,296 | = | 0.0% |
| Other | 1109/19 | €9,296 | €9,296 | = | 0.0% |
| Reserves | 13 | €247,372 | €265,372 | +€18,000 | +7.3% |
| Tax-exempt reserves | 132 | €942 | €942 | = | 0.0% |
| Distributable reserves | 133 | €246,430 | €264,430 | +€18,000 | +7.3% |
| Profit (loss) carried forward | 14 | €45,790 | €46,035 | +€245 | +0.5% |
| Amounts payable | 17/49 | €60,602 | €89,563 | +€28,961 | +47.8% |
| Amounts payable after more than one year | 17 | €16,343 | €8,702 | -€7,641 | -46.8% |
| Financial debts | 170/4 | €16,343 | €8,702 | -€7,641 | -46.8% |
| Amounts payable within one year | 42/48 | €44,259 | €80,861 | +€36,602 | +82.7% |
| Current portion of amounts payable after more than one year | 42 | €7,282 | €7,641 | +€359 | +4.9% |
| Trade debts | 44 | €3,395 | €3,089 | -€305 | -9.0% |
| Suppliers | 440/4 | €3,395 | €3,089 | -€305 | -9.0% |
| Taxes, remuneration and social security | 45 | €8,127 | €21,850 | +€13,723 | +168.9% |
| Taxes | 450/3 | €8,127 | €21,850 | +€13,723 | +168.9% |
| Other amounts payable | 47/48 | €25,455 | €48,281 | +€22,825 | +89.7% |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,173 | €14,565 | -€609 | -4.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €88,949 | €108,860 | +€19,911 | +22.4% |
| Operating profit (loss) | 9901 | €73,388 | €93,896 | +€20,508 | +27.9% |
| Financial income | 75/76B | €960 | €821 | -€139 | -14.4% |
| Recurring financial income | 75 | €960 | €821 | -€139 | -14.4% |
| Financial charges | 65/66B | €2,023 | €1,518 | -€505 | -25.0% |
| Recurring financial charges | 65 | €2,023 | €1,518 | -€505 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €72,325 | €93,199 | +€20,874 | +28.9% |
| Income taxes | 67/77 | €25,094 | €27,954 | +€2,860 | +11.4% |
| Profit (loss) for the period | 9904 | €47,231 | €65,245 | +€18,014 | +38.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,231 | €65,245 | +€18,014 | +38.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.