CURATIO: 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.
CURATIO
Largest movements
- Tangible fixed assets -€246,387
down €246,387 (-96.0%), from €256,636 to €10,249
- Cash -€9,114
down €9,114 (-36.8%), from €24,785 to €15,671
mainly Debts after one year (-€259,090) and Accrued charges and deferred income (-€2,968)
- Debts after one year -€259,090
down €259,090 (-95.8%), from €270,578 to €11,487
- Profit (loss) carried forward +€7,078
up €7,078 (+17.4%), from -€40,759 to -€33,681
- Accrued charges and deferred income -€2,968
down €2,968 (-27.2%), from €10,910 to €7,942
- Gross operating margin +€11,649
up €11,649 (+216.3%), from €5,386 to €17,036
- Depreciation -€7,204
down €7,204 (-95.0%), from €7,586 to €382
- Financial charges -€4,029
down €4,029 (-31.9%), from €12,622 to €8,594
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 | €282,684 | €27,093 | -€255,591 | -90.4% |
| Fixed assets | 21/28 | €256,637 | €10,250 | -€246,387 | -96.0% |
| Tangible fixed assets | 22/27 | €256,636 | €10,249 | -€246,387 | -96.0% |
| Land and buildings | 22 | €256,636 | €10,249 | -€246,387 | -96.0% |
| Financial fixed assets | 28 | €2 | €2 | = | 0.0% |
| Current assets | 29/58 | €26,047 | €16,843 | -€9,204 | -35.3% |
| Amounts receivable within one year | 40/41 | €1,262 | €1,172 | -€90 | -7.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,262 | €1,172 | -€90 | -7.2% |
| Cash at bank and in hand | 54/58 | €24,785 | €15,671 | -€9,114 | -36.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €282,684 | €27,093 | -€255,591 | -90.4% |
| Equity | 10/15 | -€23,222 | -€16,144 | +€7,078 | +30.5% |
| Contributions | 10/11 | €16,033 | €16,033 | = | 0.0% |
| Reserves | 13 | €1,504 | €1,504 | = | 0.0% |
| Distributable reserves | 133 | €1,504 | €1,504 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,759 | -€33,681 | +€7,078 | +17.4% |
| Amounts payable | 17/49 | €305,906 | €43,237 | -€262,670 | -85.9% |
| Amounts payable after more than one year | 17 | €270,578 | €11,487 | -€259,090 | -95.8% |
| Financial debts | 170/4 | €270,578 | €11,487 | -€259,090 | -95.8% |
| Amounts payable within one year | 42/48 | €24,419 | €23,807 | -€612 | -2.5% |
| Trade debts | 44 | €1,028 | €417 | -€612 | -59.5% |
| Suppliers | 440/4 | €1,028 | €417 | -€612 | -59.5% |
| Other amounts payable | 47/48 | €23,391 | €23,391 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €10,910 | €7,942 | -€2,968 | -27.2% |
| Non-recurring operating income | 76A | - | €23,995 | +€23,995 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,586 | €382 | -€7,204 | -95.0% |
| Other operating charges | 640/8 | €883 | €982 | +€99 | +11.2% |
| Gross operating margin | 9900 | €5,386 | €17,036 | +€11,649 | +216.3% |
| Operating profit (loss) | 9901 | -€3,083 | €15,672 | +€18,754 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €12,622 | €8,594 | -€4,029 | -31.9% |
| Recurring financial charges | 65 | €12,622 | €8,594 | -€4,029 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,705 | €7,078 | +€22,783 | |
| Profit (loss) for the period | 9904 | -€15,705 | €7,078 | +€22,783 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,705 | €7,078 | +€22,783 |
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 3 October 2026 via checked.be.