Curon Properties: 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.
Curon Properties
Largest movements
- Stocks and contracts +€388,023
up €388,023 (+42.7%), from €907,950 to €1.3m
- Receivables within one year +€358,640
up €358,640 (+186%), from €193,077 to €551,717
of which Other amounts receivable: +€194,788
- Tangible fixed assets -€237,409
down €237,409 (-6.8%), from €3.5m to €3.3m
- Cash -€76,176
no longer reported in 2025 (was €76,176)
mainly Stocks and contracts (-€388,023) and Receivables within one year (-€358,640)
- Short-term financial debts +€330,433
up €330,433 (+57.8%), from €571,725 to €902,158
- Debts after one year +€91,078
up €91,078 (+2.1%), from €4.3m to €4.4m
- Gross operating margin +€276,731
up €276,731 (+231%), from €119,732 to €396,464
- Depreciation +€77,190
up €77,190 (+48.2%), from €160,218 to €237,409
- Financial charges +€20,589
up €20,589 (+15.9%), from €129,782 to €150,371
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.
Derived cash bridge
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 | €4,669,424 | €5,110,950 | +€441,526 | +9.5% |
| Fixed assets | 21/28 | €3,492,220 | €3,259,812 | -€232,409 | -6.7% |
| Tangible fixed assets | 22/27 | €3,492,220 | €3,254,812 | -€237,409 | -6.8% |
| Land and buildings | 22 | €3,492,220 | €3,254,812 | -€237,409 | -6.8% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €1,177,203 | €1,851,138 | +€673,935 | +57.2% |
| Stocks and contracts in progress | 3 | €907,950 | €1,295,974 | +€388,023 | +42.7% |
| Stocks | 30/36 | €907,950 | €1,295,974 | +€388,023 | +42.7% |
| Amounts receivable within one year | 40/41 | €193,077 | €551,717 | +€358,640 | +186% |
| Trade receivables | 40 | €25,629 | €189,481 | +€163,852 | +639% |
| Other amounts receivable | 41 | €167,448 | €362,236 | +€194,788 | +116% |
| Cash at bank and in hand | 54/58 | €76,176 | - | -€76,176 | |
| Deferred charges and accrued income | 490/1 | - | €3,448 | +€3,448 | |
| Total equity and liabilities | 10/49 | €4,669,424 | €5,110,950 | +€441,526 | +9.5% |
| Equity | 10/15 | -€564,797 | -€562,352 | +€2,445 | +0.4% |
| Contributions | 10/11 | €94,922 | €94,922 | = | 0.0% |
| Reserves | 13 | €34,827 | €34,827 | = | 0.0% |
| Distributable reserves | 133 | €34,827 | €34,827 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€694,546 | -€692,100 | +€2,445 | +0.4% |
| Amounts payable | 17/49 | €5,234,221 | €5,673,302 | +€439,081 | +8.4% |
| Amounts payable after more than one year | 17 | €4,327,227 | €4,418,305 | +€91,078 | +2.1% |
| Financial debts | 170/4 | €4,327,227 | €4,418,305 | +€91,078 | +2.1% |
| Amounts payable within one year | 42/48 | €871,099 | €1,206,514 | +€335,415 | +38.5% |
| Current portion of amounts payable after more than one year | 42 | €289,169 | €301,330 | +€12,161 | +4.2% |
| Financial debts | 43 | €571,725 | €902,158 | +€330,433 | +57.8% |
| Credit institutions | 430/8 | €571,725 | €902,158 | +€330,433 | +57.8% |
| Trade debts | 44 | €10,204 | €3,025 | -€7,179 | -70.4% |
| Suppliers | 440/4 | €10,204 | €3,025 | -€7,179 | -70.4% |
| Accrued charges and deferred income | 492/3 | €35,895 | €48,483 | +€12,588 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,218 | €237,409 | +€77,190 | +48.2% |
| Other operating charges | 640/8 | €7,893 | €9,515 | +€1,622 | +20.5% |
| Gross operating margin | 9900 | €119,732 | €396,464 | +€276,731 | +231% |
| Operating profit (loss) | 9901 | -€48,379 | €149,540 | +€197,919 | |
| Financial income | 75/76B | - | €3,276 | +€3,276 | |
| Recurring financial income | 75 | - | €3,276 | +€3,276 | |
| Financial charges | 65/66B | €129,782 | €150,371 | +€20,589 | +15.9% |
| Recurring financial charges | 65 | €129,782 | €150,371 | +€20,589 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | -€178,161 | €2,445 | +€180,607 | |
| Profit (loss) for the period | 9904 | -€178,161 | €2,445 | +€180,607 | |
| Profit (loss) for the period to be appropriated | 9905 | -€178,161 | €2,445 | +€180,607 |
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 22 October 2026 via checked.be.