CURIOUS: 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.
CURIOUS
Largest movements
- Cash +€30,880
up €30,880 (+6.0%), from €510,873 to €541,753
mainly Net result for the year (+€63,677) and Receivables within one year (+€25,282)
- Receivables within one year -€25,282
down €25,282 (-51.4%), from €49,212 to €23,931
of which Trade receivables: -€25,973
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€69,932
down €69,932 (-37.8%), from €185,218 to €115,286
- Staff costs -€21,770
down €21,770 (-70.4%), from €30,941 to €9,171
- Depreciation -€18,232
down €18,232 (-72.0%), from €25,339 to €7,107
- Taxes -€9,194
down €9,194 (-24.2%), from €38,044 to €28,851
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 | €589,020 | €588,961 | -€59 | 0.0% |
| Fixed assets | 21/28 | €18,783 | €13,946 | -€4,837 | -25.8% |
| Intangible fixed assets | 21 | €1,301 | €0 | -€1,301 | -100.0% |
| Tangible fixed assets | 22/27 | €17,482 | €13,946 | -€3,536 | -20.2% |
| Plant, machinery and equipment | 23 | €2,662 | €2,167 | -€495 | -18.6% |
| Furniture and vehicles | 24 | €6,637 | €6,349 | -€288 | -4.3% |
| Other tangible fixed assets | 26 | €8,184 | €5,430 | -€2,753 | -33.6% |
| Current assets | 29/58 | €570,237 | €575,015 | +€4,778 | +0.8% |
| Stocks and contracts in progress | 3 | €2,692 | €1,605 | -€1,087 | -40.4% |
| Stocks | 30/36 | €2,692 | €1,605 | -€1,087 | -40.4% |
| Amounts receivable within one year | 40/41 | €49,212 | €23,931 | -€25,282 | -51.4% |
| Trade receivables | 40 | €49,212 | €23,240 | -€25,973 | -52.8% |
| Other amounts receivable | 41 | €0 | €691 | +€691 | |
| Cash at bank and in hand | 54/58 | €510,873 | €541,753 | +€30,880 | +6.0% |
| Deferred charges and accrued income | 490/1 | €7,459 | €7,727 | +€268 | +3.6% |
| Total equity and liabilities | 10/49 | €589,020 | €588,961 | -€59 | 0.0% |
| Equity | 10/15 | €538,287 | €542,834 | +€4,548 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €519,687 | €524,234 | +€4,548 | +0.9% |
| Distributable reserves | 133 | €519,687 | €524,234 | +€4,548 | +0.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €50,733 | €46,127 | -€4,607 | -9.1% |
| Amounts payable within one year | 42/48 | €50,733 | €45,705 | -€5,029 | -9.9% |
| Trade debts | 44 | €14,332 | €14,251 | -€81 | -0.6% |
| Suppliers | 440/4 | €14,332 | €14,251 | -€81 | -0.6% |
| Taxes, remuneration and social security | 45 | €35,662 | €31,453 | -€4,208 | -11.8% |
| Taxes | 450/3 | €27,813 | €24,692 | -€3,121 | -11.2% |
| Remuneration and social security | 454/9 | €7,848 | €6,761 | -€1,087 | -13.9% |
| Other amounts payable | 47/48 | €740 | €0 | -€740 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | €422 | +€422 | |
| Non-recurring operating income | 76A | €847 | €0 | -€847 | -100.0% |
| Remuneration, social security and pensions | 62 | €30,941 | €9,171 | -€21,770 | -70.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,339 | €7,107 | -€18,232 | -72.0% |
| Other operating charges | 640/8 | €3,133 | €2,892 | -€241 | -7.7% |
| Non-recurring operating charges | 66A | €156 | €1,975 | +€1,819 | +1166.0% |
| Gross operating margin | 9900 | €185,218 | €115,286 | -€69,932 | -37.8% |
| Operating profit (loss) | 9901 | €125,649 | €94,142 | -€31,508 | -25.1% |
| Financial income | 75/76B | €32 | €0 | -€32 | -100.0% |
| Recurring financial income | 75 | €32 | €0 | -€32 | -100.0% |
| Financial charges | 65/66B | €234 | €1,614 | +€1,380 | +590.9% |
| Recurring financial charges | 65 | €234 | €1,614 | +€1,380 | +590.9% |
| Profit (loss) for the period before taxes | 9903 | €125,447 | €92,528 | -€32,919 | -26.2% |
| Income taxes | 67/77 | €38,044 | €28,851 | -€9,194 | -24.2% |
| Profit (loss) for the period | 9904 | €87,403 | €63,677 | -€23,726 | -27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €87,403 | €63,677 | -€23,726 | -27.1% |
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 29 September 2026 via checked.be.