CURRO CERTIF: 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.
CURRO CERTIF
Largest movements
- Cash -€44,240
down €44,240 (-30.9%), from €143,224 to €98,984
mainly Current portion of long-term debt (-€25,000) and Tax, wage and social debts (-€11,179)
- Deferred charges and accrued income +€1,624
up €1,624 (+190%), from €854 to €2,479
- Current portion of long-term debt -€25,000
no longer reported in 2025 (was €25,000)
- Tax, wage and social debts -€11,179
down €11,179 (-45.9%), from €24,347 to €13,167
of which Taxes: -€11,513
- Reserves -€11,072
down €11,072 (-12.3%), from €90,000 to €78,928
- Other debts +€3,407
up €3,407 (+1,271%), from €268 to €3,675
- Gross operating margin -€95,579
down €95,579 (-63.5%), from €150,411 to €54,832
- Taxes -€25,732
down €25,732 (-99.8%), from €25,790 to €58
- Financial charges +€2,002
up €2,002 (+84.1%), from €2,380 to €4,383
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 | €147,952 | €104,584 | -€43,369 | -29.3% |
| Fixed assets | 21/28 | €1,155 | €863 | -€292 | -25.3% |
| Tangible fixed assets | 22/27 | €792 | €500 | -€292 | -36.9% |
| Furniture and vehicles | 24 | €792 | €500 | -€292 | -36.9% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €146,798 | €103,721 | -€43,077 | -29.3% |
| Amounts receivable within one year | 40/41 | €2,719 | €2,258 | -€462 | -17.0% |
| Trade receivables | 40 | €1,030 | €630 | -€400 | -38.8% |
| Other amounts receivable | 41 | €1,689 | €1,628 | -€62 | -3.6% |
| Cash at bank and in hand | 54/58 | €143,224 | €98,984 | -€44,240 | -30.9% |
| Deferred charges and accrued income | 490/1 | €854 | €2,479 | +€1,624 | +190% |
| Total equity and liabilities | 10/49 | €147,952 | €104,584 | -€43,369 | -29.3% |
| Equity | 10/15 | €96,230 | €85,392 | -€10,838 | -11.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €90,000 | €78,928 | -€11,072 | -12.3% |
| Distributable reserves | 133 | €90,000 | €78,928 | -€11,072 | -12.3% |
| Profit (loss) carried forward | 14 | €30 | €265 | +€234 | +772% |
| Amounts payable | 17/49 | €51,722 | €19,191 | -€32,531 | -62.9% |
| Amounts payable within one year | 42/48 | €51,722 | €19,191 | -€32,531 | -62.9% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | - | -€25,000 | |
| Trade debts | 44 | €607 | €1,869 | +€1,262 | +208% |
| Suppliers | 440/4 | €607 | €1,869 | +€1,262 | +208% |
| Advances received on contracts in progress | 46 | €1,500 | €480 | -€1,020 | -68.0% |
| Taxes, remuneration and social security | 45 | €24,347 | €13,167 | -€11,179 | -45.9% |
| Taxes | 450/3 | €14,923 | €3,410 | -€11,513 | -77.2% |
| Remuneration and social security | 454/9 | €9,423 | €9,757 | +€334 | +3.5% |
| Other amounts payable | 47/48 | €268 | €3,675 | +€3,407 | +1,271% |
| Remuneration, social security and pensions | 62 | €59,223 | €60,315 | +€1,092 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84 | €292 | +€208 | +249% |
| Other operating charges | 640/8 | €1,890 | €623 | -€1,267 | -67.0% |
| Gross operating margin | 9900 | €150,411 | €54,832 | -€95,579 | -63.5% |
| Operating profit (loss) | 9901 | €89,214 | -€6,398 | -€95,612 | |
| Financial income | 75/76B | €1,074 | - | -€1,074 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €1,074 | - | -€1,074 | |
| Financial charges | 65/66B | €2,380 | €4,383 | +€2,002 | +84.1% |
| Recurring financial charges | 65 | €2,380 | €4,383 | +€2,002 | +84.1% |
| Profit (loss) for the period before taxes | 9903 | €87,908 | -€10,780 | -€98,689 | |
| Income taxes | 67/77 | €25,790 | €58 | -€25,732 | -99.8% |
| Profit (loss) for the period | 9904 | €62,119 | -€10,838 | -€72,957 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,119 | -€10,838 | -€72,957 |
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 13 October 2026 via checked.be.