CURB: 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.
CURB
Largest movements
- Receivables within one year +€131,320
up €131,320 (+117%), from €111,999 to €243,319
of which Other amounts receivable: +€146,385
- Stocks and contracts +€33,752
up €33,752 (+18.9%), from €178,570 to €212,322
- Cash +€32,313
up €32,313 (+62.4%), from €51,823 to €84,136
mainly Other debts (+€166,077) and Debts after one year (+€50,000)
- Tangible fixed assets -€7,237
down €7,237 (-37.7%), from €19,176 to €11,939
of which Furniture and vehicles: -€8,806
- Other debts +€166,077
up €166,077 (+200%), from €83,038 to €249,115
- Debts after one year +€50,000
new in 2023: €50,000
- Profit (loss) carried forward -€22,585
down €22,585 (-12.0%), from €188,652 to €166,067
- Gross operating margin -€33,745
down €33,745 (-30.7%), from €109,979 to €76,234
- Staff costs +€3,632
up €3,632 (+4.8%), from €76,057 to €79,690
- Financial income +€3,324
up €3,324 (+141%), from €2,355 to €5,679
- Other operating charges +€2,399
up €2,399 (+54.4%), from €4,412 to €6,811
- Depreciation +€1,382
up €1,382 (+9.2%), from €14,940 to €16,322
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €362,719 | €555,515 | +€192,795 | +53.2% |
| Fixed assets | 21/28 | €19,176 | €15,339 | -€3,837 | -20.0% |
| Tangible fixed assets | 22/27 | €19,176 | €11,939 | -€7,237 | -37.7% |
| Plant, machinery and equipment | 23 | €4,909 | €6,478 | +€1,569 | +32.0% |
| Furniture and vehicles | 24 | €14,267 | €5,461 | -€8,806 | -61.7% |
| Financial fixed assets | 28 | - | €3,400 | +€3,400 | |
| Current assets | 29/58 | €343,544 | €540,176 | +€196,632 | +57.2% |
| Stocks and contracts in progress | 3 | €178,570 | €212,322 | +€33,752 | +18.9% |
| Stocks | 30/36 | €178,570 | €212,322 | +€33,752 | +18.9% |
| Amounts receivable within one year | 40/41 | €111,999 | €243,319 | +€131,320 | +117% |
| Trade receivables | 40 | €15,723 | €658 | -€15,065 | -95.8% |
| Other amounts receivable | 41 | €96,276 | €242,661 | +€146,385 | +152% |
| Cash at bank and in hand | 54/58 | €51,823 | €84,136 | +€32,313 | +62.4% |
| Deferred charges and accrued income | 490/1 | €1,151 | €399 | -€752 | -65.3% |
| Total equity and liabilities | 10/49 | €362,719 | €555,515 | +€192,795 | +53.2% |
| Equity | 10/15 | €209,112 | €186,527 | -€22,585 | -10.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €188,652 | €166,067 | -€22,585 | -12.0% |
| Amounts payable | 17/49 | €153,607 | €368,988 | +€215,380 | +140% |
| Amounts payable after more than one year | 17 | - | €50,000 | +€50,000 | |
| Financial debts | 170/4 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €153,607 | €318,988 | +€165,380 | +108% |
| Trade debts | 44 | €3,516 | - | -€3,516 | |
| Suppliers | 440/4 | €3,516 | - | -€3,516 | |
| Taxes, remuneration and social security | 45 | €67,053 | €69,872 | +€2,819 | +4.2% |
| Taxes | 450/3 | €29,540 | €34,366 | +€4,825 | +16.3% |
| Remuneration and social security | 454/9 | €37,513 | €35,507 | -€2,006 | -5.3% |
| Other amounts payable | 47/48 | €83,038 | €249,115 | +€166,077 | +200% |
| Remuneration, social security and pensions | 62 | €76,057 | €79,690 | +€3,632 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,940 | €16,322 | +€1,382 | +9.2% |
| Other operating charges | 640/8 | €4,412 | €6,811 | +€2,399 | +54.4% |
| Gross operating margin | 9900 | €109,979 | €76,234 | -€33,745 | -30.7% |
| Operating profit (loss) | 9901 | €14,569 | -€26,589 | -€41,158 | |
| Financial income | 75/76B | €2,355 | €5,679 | +€3,324 | +141% |
| Recurring financial income | 75 | €2,355 | €5,679 | +€3,324 | +141% |
| Financial charges | 65/66B | €285 | €1,395 | +€1,110 | +390% |
| Recurring financial charges | 65 | €285 | €1,395 | +€1,110 | +390% |
| Profit (loss) for the period before taxes | 9903 | €16,639 | -€22,305 | -€38,944 | |
| Income taxes | 67/77 | €277 | €280 | +€3 | +1.1% |
| Profit (loss) for the period | 9904 | €16,362 | -€22,585 | -€38,947 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,362 | -€22,585 | -€38,947 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.