CURASAN: 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.
CURASAN
Largest movements
- Cash +€29,774
up €29,774 (+51.1%), from €58,316 to €88,090
mainly Net result for the year (+€30,286) and Tax, wage and social debts (+€8,808)
- Receivables within one year +€9,667
up €9,667 (+52312.5%), from €18 to €9,686
of which Trade receivables: +€9,269
- Reserves +€35,000
new in 2025: €35,000
- Tax, wage and social debts +€8,808
up €8,808 (+599.2%), from €1,470 to €10,278
of which Taxes: +€7,008
- Profit (loss) carried forward -€4,714
down €4,714 (-43.9%), from €10,742 to €6,028
- Trade debts -€2,594
down €2,594 (-93.9%), from €2,763 to €168
- Other debts +€2,046
up €2,046 (+450.6%), from €454 to €2,500
- Gross operating margin +€19,790
up €19,790 (+82.3%), from €24,048 to €43,839
- Taxes +€7,131
up €7,131 (+163.1%), from €4,372 to €11,504
- Depreciation -€3,384
down €3,384 (-77.2%), from €4,383 to €999
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 | €65,429 | €103,974 | +€38,546 | +58.9% |
| Fixed assets | 21/28 | €5,469 | €4,471 | -€999 | -18.3% |
| Tangible fixed assets | 22/27 | €5,469 | €4,471 | -€999 | -18.3% |
| Furniture and vehicles | 24 | €5,469 | €4,471 | -€999 | -18.3% |
| Current assets | 29/58 | €59,959 | €99,504 | +€39,544 | +66.0% |
| Amounts receivable within one year | 40/41 | €18 | €9,686 | +€9,667 | +52312.5% |
| Trade receivables | 40 | €0 | €9,269 | +€9,269 | |
| Other amounts receivable | 41 | €18 | €417 | +€399 | +2157.7% |
| Cash at bank and in hand | 54/58 | €58,316 | €88,090 | +€29,774 | +51.1% |
| Deferred charges and accrued income | 490/1 | €1,625 | €1,728 | +€103 | +6.3% |
| Total equity and liabilities | 10/49 | €65,429 | €103,974 | +€38,546 | +58.9% |
| Equity | 10/15 | €60,742 | €91,028 | +€30,286 | +49.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | - | €35,000 | +€35,000 | |
| Distributable reserves | 133 | - | €35,000 | +€35,000 | |
| Profit (loss) carried forward | 14 | €10,742 | €6,028 | -€4,714 | -43.9% |
| Amounts payable | 17/49 | €4,687 | €12,947 | +€8,260 | +176.2% |
| Amounts payable within one year | 42/48 | €4,687 | €12,947 | +€8,260 | +176.2% |
| Trade debts | 44 | €2,763 | €168 | -€2,594 | -93.9% |
| Suppliers | 440/4 | €2,763 | €168 | -€2,594 | -93.9% |
| Taxes, remuneration and social security | 45 | €1,470 | €10,278 | +€8,808 | +599.2% |
| Taxes | 450/3 | €1,470 | €8,478 | +€7,008 | +476.8% |
| Remuneration and social security | 454/9 | €0 | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | €454 | €2,500 | +€2,046 | +450.6% |
| Non-recurring operating income | 76A | €14,341 | €0 | -€14,341 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,383 | €999 | -€3,384 | -77.2% |
| Other operating charges | 640/8 | €1,124 | €991 | -€133 | -11.9% |
| Gross operating margin | 9900 | €24,048 | €43,839 | +€19,790 | +82.3% |
| Operating profit (loss) | 9901 | €18,542 | €41,849 | +€23,308 | +125.7% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100.0% |
| Financial charges | 65/66B | €53 | €60 | +€7 | +13.1% |
| Recurring financial charges | 65 | €53 | €60 | +€7 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €18,492 | €41,789 | +€23,298 | +126.0% |
| Income taxes | 67/77 | €4,372 | €11,504 | +€7,131 | +163.1% |
| Profit (loss) for the period | 9904 | €14,120 | €30,286 | +€16,166 | +114.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,120 | €30,286 | +€16,166 | +114.5% |
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 29 September 2026 via checked.be.