Curnius: 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.
Curnius
Largest movements
- Stocks and contracts -€95,000
no longer reported in 2025 (was €95,000)
- Receivables within one year -€39,457
down €39,457 (-98.6%), from €40,000 to €543
of which Other amounts receivable: -€40,000
- Cash +€31,313
up €31,313 (+89.9%), from €34,828 to €66,141
mainly Net result for the year (+€158,587) and Stocks and contracts (+€95,000)
- Deferred charges and accrued income -€10,685
down €10,685 (-92.5%), from €11,554 to €869
- Other debts -€118,933
down €118,933 (-75.3%), from €157,841 to €38,908
- Gross operating margin +€6,760
up €6,760 (+3.0%), from €224,887 to €231,647
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 | €381,204 | €264,989 | -€116,215 | -30.5% |
| Fixed assets | 21/28 | €199,821 | €197,435 | -€2,386 | -1.2% |
| Tangible fixed assets | 22/27 | €199,821 | €197,435 | -€2,386 | -1.2% |
| Land and buildings | 22 | €191,034 | €189,349 | -€1,685 | -0.9% |
| Plant, machinery and equipment | 23 | - | €1,374 | +€1,374 | |
| Furniture and vehicles | 24 | €8,788 | €6,713 | -€2,075 | -23.6% |
| Current assets | 29/58 | €181,383 | €67,554 | -€113,829 | -62.8% |
| Stocks and contracts in progress | 3 | €95,000 | - | -€95,000 | |
| Stocks | 30/36 | €95,000 | - | -€95,000 | |
| Amounts receivable within one year | 40/41 | €40,000 | €543 | -€39,457 | -98.6% |
| Trade receivables | 40 | - | €543 | +€543 | |
| Other amounts receivable | 41 | €40,000 | - | -€40,000 | |
| Cash at bank and in hand | 54/58 | €34,828 | €66,141 | +€31,313 | +89.9% |
| Deferred charges and accrued income | 490/1 | €11,554 | €869 | -€10,685 | -92.5% |
| Total equity and liabilities | 10/49 | €381,204 | €264,989 | -€116,215 | -30.5% |
| Equity | 10/15 | €210,501 | €210,501 | = | 0.0% |
| Contributions | 10/11 | €8,160 | €8,160 | = | 0.0% |
| Reserves | 13 | €202,341 | €202,341 | = | 0.0% |
| Distributable reserves | 133 | €202,341 | €202,341 | = | 0.0% |
| Amounts payable | 17/49 | €170,703 | €54,488 | -€116,215 | -68.1% |
| Amounts payable within one year | 42/48 | €170,522 | €53,945 | -€116,577 | -68.4% |
| Trade debts | 44 | €1,210 | - | -€1,210 | |
| Suppliers | 440/4 | €1,210 | - | -€1,210 | |
| Taxes, remuneration and social security | 45 | €11,470 | €15,037 | +€3,566 | +31.1% |
| Taxes | 450/3 | €11,470 | €15,037 | +€3,566 | +31.1% |
| Other amounts payable | 47/48 | €157,841 | €38,908 | -€118,933 | -75.3% |
| Accrued charges and deferred income | 492/3 | €182 | €543 | +€362 | +199.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,272 | €3,989 | +€717 | +21.9% |
| Other operating charges | 640/8 | €10,810 | €12,991 | +€2,181 | +20.2% |
| Non-recurring operating charges | 66A | - | €2,000 | +€2,000 | |
| Gross operating margin | 9900 | €224,887 | €231,647 | +€6,760 | +3.0% |
| Operating profit (loss) | 9901 | €210,805 | €212,667 | +€1,862 | +0.9% |
| Financial income | 75/76B | €184 | €16 | -€168 | -91.1% |
| Recurring financial income | 75 | €184 | €16 | -€168 | -91.1% |
| Financial charges | 65/66B | €660 | €530 | -€130 | -19.7% |
| Recurring financial charges | 65 | €660 | €530 | -€130 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €210,330 | €212,154 | +€1,824 | +0.9% |
| Income taxes | 67/77 | €52,526 | €53,567 | +€1,041 | +2.0% |
| Profit (loss) for the period | 9904 | €157,804 | €158,587 | +€783 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €157,804 | €158,587 | +€783 | +0.5% |
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 1 October 2026 via checked.be.