CURO: 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.
CURO
Largest movements
- Receivables within one year +€57,897
up €57,897 (+51.4%), from €112,722 to €170,619
of which Trade receivables: +€61,461
- Cash +€57,829
up €57,829 (+234.7%), from €24,642 to €82,471
mainly Net result for the year (+€78,421) and Other debts (+€51,021)
- Profit (loss) carried forward +€78,421
up €78,421 (+52.9%), from -€148,378 to -€69,956
- Other debts +€51,021
up €51,021 (+27.9%), from €183,137 to €234,157
- Tax, wage and social debts -€18,167
no longer reported in 2025 (was €18,167)
- Write-downs -€28,695
no longer reported in 2025 (was €28,695)
- Gross operating margin -€7,172
down €7,172 (-7.4%), from €96,964 to €89,792
- Other operating charges +€3,078
up €3,078 (+212.5%), from €1,449 to €4,527
- Financial charges +€1,005
up €1,005 (+154.2%), from €652 to €1,657
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 | €173,413 | €286,942 | +€113,529 | +65.5% |
| Fixed assets | 21/28 | €36,049 | €33,853 | -€2,196 | -6.1% |
| Tangible fixed assets | 22/27 | €35,103 | €33,407 | -€1,696 | -4.8% |
| Land and buildings | 22 | €19,489 | €19,489 | = | 0.0% |
| Plant, machinery and equipment | 23 | €14,423 | €9,934 | -€4,488 | -31.1% |
| Furniture and vehicles | 24 | €1,191 | €3,983 | +€2,792 | +234.4% |
| Financial fixed assets | 28 | €946 | €446 | -€500 | -52.8% |
| Current assets | 29/58 | €137,364 | €253,090 | +€115,725 | +84.2% |
| Amounts receivable within one year | 40/41 | €112,722 | €170,619 | +€57,897 | +51.4% |
| Trade receivables | 40 | €67,725 | €129,186 | +€61,461 | +90.8% |
| Other amounts receivable | 41 | €44,997 | €41,433 | -€3,564 | -7.9% |
| Cash at bank and in hand | 54/58 | €24,642 | €82,471 | +€57,829 | +234.7% |
| Total equity and liabilities | 10/49 | €173,413 | €286,942 | +€113,529 | +65.5% |
| Equity | 10/15 | -€46,625 | €31,796 | +€78,421 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €83,152 | €83,152 | = | 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% |
| Distributable reserves | 133 | €81,292 | €81,292 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€148,378 | -€69,956 | +€78,421 | +52.9% |
| Amounts payable | 17/49 | €220,038 | €255,146 | +€35,108 | +16.0% |
| Amounts payable within one year | 42/48 | €220,038 | €255,146 | +€35,108 | +16.0% |
| Trade debts | 44 | €18,735 | €20,989 | +€2,254 | +12.0% |
| Suppliers | 440/4 | €18,735 | €20,989 | +€2,254 | +12.0% |
| Taxes, remuneration and social security | 45 | €18,167 | - | -€18,167 | |
| Taxes | 450/3 | €18,167 | - | -€18,167 | |
| Other amounts payable | 47/48 | €183,137 | €234,157 | +€51,021 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,083 | €5,191 | +€108 | +2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €28,695 | - | -€28,695 | |
| Other operating charges | 640/8 | €1,449 | €4,527 | +€3,078 | +212.5% |
| Gross operating margin | 9900 | €96,964 | €89,792 | -€7,172 | -7.4% |
| Operating profit (loss) | 9901 | €61,738 | €80,074 | +€18,336 | +29.7% |
| Financial income | 75/76B | €55 | €7 | -€48 | -87.4% |
| Recurring financial income | 75 | €55 | €7 | -€48 | -87.4% |
| Financial charges | 65/66B | €652 | €1,657 | +€1,005 | +154.2% |
| Recurring financial charges | 65 | €652 | €1,657 | +€1,005 | +154.2% |
| Profit (loss) for the period before taxes | 9903 | €61,141 | €78,423 | +€17,283 | +28.3% |
| Income taxes | 67/77 | €1 | €2 | +€1 | +104.9% |
| Profit (loss) for the period | 9904 | €61,140 | €78,421 | +€17,281 | +28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,140 | €78,421 | +€17,281 | +28.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.