CURCA IONUT: 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.
CURCA IONUT
Largest movements
- Tangible fixed assets +€45,511
up €45,511 (+248%), from €18,381 to €63,892
of which Leasing and similar rights: +€45,511
- Cash +€8,265
up €8,265 (+154%), from €5,351 to €13,617
mainly Debts after one year (+€34,082) and Receivables within one year (+€7,343)
- Receivables within one year -€7,343
down €7,343 (-25.2%), from €29,194 to €21,850
of which Other amounts receivable: -€7,854
- Debts after one year +€34,082
up €34,082, from €0 to €34,082
- Profit (loss) carried forward +€5,965
up €5,965 (+24.9%), from -€23,961 to -€17,996
- Current portion of long-term debt +€3,888
up €3,888 (+52.1%), from €7,460 to €11,348
- Trade debts +€3,480
up €3,480 (+208%), from €1,670 to €5,149
- Gross operating margin +€20,832
up €20,832, from -€5,931 to €14,901
- Staff costs -€14,287
down €14,287 (-84.6%), from €16,880 to €2,593
- Depreciation +€3,126
up €3,126 (+739%), from €423 to €3,548
- Other operating charges +€914
up €914 (+248%), from €369 to €1,283
- Financial charges +€610
up €610 (+72.0%), from €847 to €1,456
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,926 | €99,359 | +€46,433 | +87.7% |
| Fixed assets | 21/28 | €18,381 | €63,892 | +€45,511 | +248% |
| Tangible fixed assets | 22/27 | €18,381 | €63,892 | +€45,511 | +248% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €18,381 | €18,381 | = | 0.0% |
| Leasing and similar rights | 25 | - | €45,511 | +€45,511 | |
| Current assets | 29/58 | €34,545 | €35,467 | +€922 | +2.7% |
| Amounts receivable within one year | 40/41 | €29,194 | €21,850 | -€7,343 | -25.2% |
| Trade receivables | 40 | €20,168 | €20,679 | +€511 | +2.5% |
| Other amounts receivable | 41 | €9,026 | €1,171 | -€7,854 | -87.0% |
| Cash at bank and in hand | 54/58 | €5,351 | €13,617 | +€8,265 | +154% |
| Total equity and liabilities | 10/49 | €52,926 | €99,359 | +€46,433 | +87.7% |
| Equity | 10/15 | €41,723 | €47,688 | +€5,965 | +14.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €63,684 | €63,684 | = | 0.0% |
| Distributable reserves | 133 | €63,684 | €63,684 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,961 | -€17,996 | +€5,965 | +24.9% |
| Amounts payable | 17/49 | €11,203 | €51,671 | +€40,468 | +361% |
| Amounts payable after more than one year | 17 | €0 | €34,082 | +€34,082 | |
| Financial debts | 170/4 | €0 | €34,082 | +€34,082 | |
| Amounts payable within one year | 42/48 | €11,203 | €17,589 | +€6,386 | +57.0% |
| Current portion of amounts payable after more than one year | 42 | €7,460 | €11,348 | +€3,888 | +52.1% |
| Trade debts | 44 | €1,670 | €5,149 | +€3,480 | +208% |
| Suppliers | 440/4 | €1,670 | €5,149 | +€3,480 | +208% |
| Taxes, remuneration and social security | 45 | €2,073 | €1,092 | -€981 | -47.3% |
| Taxes | 450/3 | €0 | €68 | +€68 | |
| Remuneration and social security | 454/9 | €2,073 | €1,024 | -€1,050 | -50.6% |
| Remuneration, social security and pensions | 62 | €16,880 | €2,593 | -€14,287 | -84.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €423 | €3,548 | +€3,126 | +739% |
| Other operating charges | 640/8 | €369 | €1,283 | +€914 | +248% |
| Gross operating margin | 9900 | -€5,931 | €14,901 | +€20,832 | |
| Operating profit (loss) | 9901 | -€23,603 | €7,476 | +€31,079 | |
| Financial income | 75/76B | €488 | €14 | -€474 | -97.1% |
| Recurring financial income | 75 | €488 | €14 | -€474 | -97.1% |
| Financial charges | 65/66B | €847 | €1,456 | +€610 | +72.0% |
| Recurring financial charges | 65 | €847 | €1,456 | +€610 | +72.0% |
| Profit (loss) for the period before taxes | 9903 | -€23,961 | €6,034 | +€29,995 | |
| Income taxes | 67/77 | €0 | €68 | +€68 | |
| Profit (loss) for the period | 9904 | -€23,961 | €5,965 | +€29,927 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,961 | €5,965 | +€29,927 |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.