Curus: 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.
Curus
Largest movements
- Receivables within one year +€76,310
up €76,310 (+38.6%), from €197,901 to €274,211
of which Trade receivables: +€65,223
- Tangible fixed assets -€60,664
down €60,664 (-7.0%), from €864,423 to €803,759
of which Land and buildings: -€39,271
- Other debts -€119,096
down €119,096 (-16.4%), from €727,197 to €608,101
- Profit (loss) carried forward +€74,718
up €74,718 (+463.0%), from €16,138 to €90,857
- Debts after one year +€44,326
up €44,326 (+19.6%), from €226,351 to €270,677
- Tax, wage and social debts +€16,599
up €16,599 (+89.2%), from €18,599 to €35,197
of which Taxes: +€16,631
- Trade debts -€13,382
down €13,382 (-52.0%), from €25,731 to €12,349
- Gross operating margin +€78,818
up €78,818 (+66.4%), from €118,662 to €197,480
- Taxes +€24,714
up €24,714 (+492.5%), from €5,018 to €29,732
- Other operating charges -€8,390
down €8,390 (-87.1%), from €9,638 to €1,247
- Financial charges -€2,584
down €2,584 (-11.3%), from €22,967 to €20,383
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.
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 | €1,263,203 | €1,278,444 | +€15,241 | +1.2% |
| Fixed assets | 21/28 | €1,059,837 | €999,173 | -€60,664 | -5.7% |
| Tangible fixed assets | 22/27 | €864,423 | €803,759 | -€60,664 | -7.0% |
| Land and buildings | 22 | €740,823 | €701,552 | -€39,271 | -5.3% |
| Plant, machinery and equipment | 23 | €2,867 | €1,937 | -€929 | -32.4% |
| Furniture and vehicles | 24 | €9,675 | €7,200 | -€2,475 | -25.6% |
| Other tangible fixed assets | 26 | €111,057 | €93,069 | -€17,988 | -16.2% |
| Financial fixed assets | 28 | €195,414 | €195,414 | = | 0.0% |
| Current assets | 29/58 | €203,366 | €279,271 | +€75,904 | +37.3% |
| Amounts receivable within one year | 40/41 | €197,901 | €274,211 | +€76,310 | +38.6% |
| Trade receivables | 40 | €135,295 | €200,518 | +€65,223 | +48.2% |
| Other amounts receivable | 41 | €62,606 | €73,693 | +€11,087 | +17.7% |
| Cash at bank and in hand | 54/58 | €2,162 | €1,553 | -€609 | -28.2% |
| Deferred charges and accrued income | 490/1 | €3,303 | €3,507 | +€203 | +6.2% |
| Total equity and liabilities | 10/49 | €1,263,203 | €1,278,444 | +€15,241 | +1.2% |
| Equity | 10/15 | €172,293 | €250,944 | +€78,651 | +45.6% |
| Contributions | 10/11 | €151,000 | €151,000 | = | 0.0% |
| Capital | 10 | €151,000 | €151,000 | = | 0.0% |
| Issued capital | 100 | €151,000 | €151,000 | = | 0.0% |
| Reserves | 13 | €5,155 | €9,087 | +€3,933 | +76.3% |
| Non-distributable reserves | 130/1 | €5,155 | €9,087 | +€3,933 | +76.3% |
| Legal reserve | 130 | €5,155 | €9,087 | +€3,933 | +76.3% |
| Profit (loss) carried forward | 14 | €16,138 | €90,857 | +€74,718 | +463.0% |
| Amounts payable | 17/49 | €1,090,910 | €1,027,500 | -€63,410 | -5.8% |
| Amounts payable after more than one year | 17 | €226,351 | €270,677 | +€44,326 | +19.6% |
| Financial debts | 170/4 | €226,351 | €270,677 | +€44,326 | +19.6% |
| Amounts payable within one year | 42/48 | €864,559 | €756,823 | -€107,736 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €93,033 | €101,175 | +€8,142 | +8.8% |
| Trade debts | 44 | €25,731 | €12,349 | -€13,382 | -52.0% |
| Suppliers | 440/4 | €25,731 | €12,349 | -€13,382 | -52.0% |
| Taxes, remuneration and social security | 45 | €18,599 | €35,197 | +€16,599 | +89.2% |
| Taxes | 450/3 | €18,567 | €35,197 | +€16,631 | +89.6% |
| Remuneration and social security | 454/9 | €32 | - | -€32 | |
| Other amounts payable | 47/48 | €727,197 | €608,101 | -€119,096 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,180 | €67,467 | +€287 | +0.4% |
| Other operating charges | 640/8 | €9,638 | €1,247 | -€8,390 | -87.1% |
| Gross operating margin | 9900 | €118,662 | €197,480 | +€78,818 | +66.4% |
| Operating profit (loss) | 9901 | €41,844 | €128,766 | +€86,921 | +207.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €22,967 | €20,383 | -€2,584 | -11.3% |
| Recurring financial charges | 65 | €22,967 | €20,383 | -€2,584 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €18,877 | €108,383 | +€89,506 | +474.1% |
| Income taxes | 67/77 | €5,018 | €29,732 | +€24,714 | +492.5% |
| Profit (loss) for the period | 9904 | €13,859 | €78,651 | +€64,792 | +467.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,859 | €78,651 | +€64,792 | +467.5% |
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 30 September 2026 via checked.be.