CURO: 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.
CURO
Largest movements
- Tangible fixed assets -€17,669
down €17,669 (-18.6%), from €95,176 to €77,508
of which Furniture and vehicles: -€18,543
- Stocks and contracts +€2,734
new in 2025: €2,734
- Receivables within one year -€2,197
down €2,197 (-2.1%), from €106,455 to €104,258
of which Other amounts receivable: -€4,868
- Debts after one year -€17,131
down €17,131 (-31.3%), from €54,765 to €37,634
- Reserves +€3,722
up €3,722 (+3.3%), from €111,110 to €114,832
- Trade debts -€2,318
down €2,318 (-38.9%), from €5,963 to €3,645
- Gross operating margin -€22,956
down €22,956 (-42.8%), from €53,689 to €30,733
- Taxes -€6,505
down €6,505 (-56.2%), from €11,581 to €5,076
- Depreciation +€2,651
up €2,651 (+12.7%), from €20,878 to €23,529
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 | €205,401 | €188,590 | -€16,811 | -8.2% |
| Fixed assets | 21/28 | €95,266 | €77,598 | -€17,669 | -18.5% |
| Tangible fixed assets | 22/27 | €95,176 | €77,508 | -€17,669 | -18.6% |
| Land and buildings | 22 | €2,925 | €2,221 | -€704 | -24.1% |
| Plant, machinery and equipment | 23 | €1,677 | €3,255 | +€1,578 | +94.1% |
| Furniture and vehicles | 24 | €84,051 | €65,508 | -€18,543 | -22.1% |
| Other tangible fixed assets | 26 | €6,524 | €6,524 | = | 0.0% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €110,134 | €110,992 | +€858 | +0.8% |
| Stocks and contracts in progress | 3 | - | €2,734 | +€2,734 | |
| Stocks | 30/36 | - | €2,734 | +€2,734 | |
| Amounts receivable within one year | 40/41 | €106,455 | €104,258 | -€2,197 | -2.1% |
| Trade receivables | 40 | €14,907 | €17,579 | +€2,672 | +17.9% |
| Other amounts receivable | 41 | €91,548 | €86,679 | -€4,868 | -5.3% |
| Cash at bank and in hand | 54/58 | €2,981 | €3,359 | +€377 | +12.7% |
| Deferred charges and accrued income | 490/1 | €698 | €641 | -€58 | -8.2% |
| Total equity and liabilities | 10/49 | €205,401 | €188,590 | -€16,811 | -8.2% |
| Equity | 10/15 | €117,310 | €121,032 | +€3,722 | +3.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €111,110 | €114,832 | +€3,722 | +3.3% |
| Distributable reserves | 133 | €111,110 | €114,832 | +€3,722 | +3.3% |
| Amounts payable | 17/49 | €88,091 | €67,558 | -€20,533 | -23.3% |
| Amounts payable after more than one year | 17 | €54,765 | €37,634 | -€17,131 | -31.3% |
| Financial debts | 170/4 | €54,765 | €37,634 | -€17,131 | -31.3% |
| Amounts payable within one year | 42/48 | €33,303 | €29,910 | -€3,393 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €16,553 | €17,131 | +€578 | +3.5% |
| Financial debts | 43 | €2,374 | €2,366 | -€9 | -0.4% |
| Credit institutions | 430/8 | €2,374 | €2,366 | -€9 | -0.4% |
| Trade debts | 44 | €5,963 | €3,645 | -€2,318 | -38.9% |
| Suppliers | 440/4 | €5,963 | €3,645 | -€2,318 | -38.9% |
| Taxes, remuneration and social security | 45 | €8,414 | €6,769 | -€1,645 | -19.5% |
| Taxes | 450/3 | €5,614 | €6,769 | +€1,156 | +20.6% |
| Remuneration and social security | 454/9 | €2,800 | - | -€2,800 | |
| Accrued charges and deferred income | 492/3 | €22 | €13 | -€9 | -40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,878 | €23,529 | +€2,651 | +12.7% |
| Other operating charges | 640/8 | €1,517 | €1,427 | -€90 | -6.0% |
| Gross operating margin | 9900 | €53,689 | €30,733 | -€22,956 | -42.8% |
| Operating profit (loss) | 9901 | €31,294 | €5,777 | -€25,516 | -81.5% |
| Financial income | 75/76B | €6,422 | €6,049 | -€373 | -5.8% |
| Recurring financial income | 75 | €6,422 | €6,049 | -€373 | -5.8% |
| Financial charges | 65/66B | €3,128 | €3,028 | -€100 | -3.2% |
| Recurring financial charges | 65 | €3,128 | €3,028 | -€100 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €34,587 | €8,798 | -€25,790 | -74.6% |
| Income taxes | 67/77 | €11,581 | €5,076 | -€6,505 | -56.2% |
| Profit (loss) for the period | 9904 | €23,006 | €3,722 | -€19,284 | -83.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,006 | €3,722 | -€19,284 | -83.8% |
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 2 October 2026 via checked.be.