DE MIDDENSTAND VAN CUERNE: what changed
What changed
DE MIDDENSTAND VAN CUERNE
filed annual accounts (NBB)
Net result for the year
€26,791
2024 · €18,572+€8,219
Equity
€583,672
2024 · €556,880+€26,791
Cash
€67,880
2024 · €228,707-€160,827
Balance sheet total
€600,724
2024 · €561,979+€38,746
Largest movements
Assets
- Current investments +€200,000
new in 2025: €200,000
- Cash -€160,827
down €160,827 (-70.3%), from €228,707 to €67,880
mainly Current investments (-€200,000) and Trade debts (-€1,000)
Equity and liabilities
- Reserves +€26,791
up €26,791 (+13.6%), from €197,237 to €224,029
of which Distributable reserves: +€27,659
- Tax, wage and social debts +€7,685
up €7,685 (+243%), from €3,167 to €10,852
Income statement
- Gross operating margin +€10,514
up €10,514 (+28.9%), from €36,363 to €46,877
- Taxes +€3,514
up €3,514 (+37.1%), from €9,461 to €12,975
- Depreciation -€1,768
down €1,768 (-79.4%), from €2,226 to €459
- Other operating charges +€534
up €534 (+7.6%), from €7,040 to €7,573
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€18,572
Gross operating margin
+€10,514
Depreciation
+€1,768
Other operating charges
-€534
Financial income
-€13
Financial charges
-€2
Taxes
-€3,514
Result 2025
€26,791
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€39,173
Investment
-€200,000
Financing
€0
Cash 2024
€228,707
From operations (derived)
+€39,173
Net result for the year
+€26,791
Depreciation
+€459
Receivables within one year
-€31
Trade debts
-€1,000
Tax, wage and social debts
+€7,685
Accrued charges and deferred income
+€5,269
Investment (derived)
-€200,000
Current investments
-€200,000
Cash 2025
€67,880
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €561,979 | €600,724 | +€38,746 | +6.9% |
| Fixed assets | 21/28 | €330,045 | €329,586 | -€459 | -0.1% |
| Tangible fixed assets | 22/27 | €330,045 | €329,586 | -€459 | -0.1% |
| Land and buildings | 22 | €329,586 | €329,586 | = | 0.0% |
| Plant, machinery and equipment | 23 | €459 | €0 | -€459 | -100% |
| Current assets | 29/58 | €231,934 | €271,138 | +€39,204 | +16.9% |
| Amounts receivable within one year | 40/41 | €3,227 | €3,258 | +€31 | +1.0% |
| Other amounts receivable | 41 | €3,227 | €3,258 | +€31 | +1.0% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €228,707 | €67,880 | -€160,827 | -70.3% |
| Total equity and liabilities | 10/49 | €561,979 | €600,724 | +€38,746 | +6.9% |
| Equity | 10/15 | €556,880 | €583,672 | +€26,791 | +4.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €297,643 | €297,643 | = | 0.0% |
| Reserves | 13 | €197,237 | €224,029 | +€26,791 | +13.6% |
| Non-distributable reserves | 130/1 | €7,068 | €6,200 | -€868 | -12.3% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €868 | - | -€868 | |
| Distributable reserves | 133 | €190,170 | €217,829 | +€27,659 | +14.5% |
| Amounts payable | 17/49 | €5,098 | €17,052 | +€11,954 | +234% |
| Amounts payable within one year | 42/48 | €4,167 | €10,852 | +€6,685 | +160% |
| Trade debts | 44 | €1,000 | €0 | -€1,000 | -100% |
| Suppliers | 440/4 | €1,000 | €0 | -€1,000 | -100% |
| Taxes, remuneration and social security | 45 | €3,167 | €10,852 | +€7,685 | +243% |
| Taxes | 450/3 | €3,167 | €10,852 | +€7,685 | +243% |
| Accrued charges and deferred income | 492/3 | €931 | €6,200 | +€5,269 | +566% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,226 | €459 | -€1,768 | -79.4% |
| Other operating charges | 640/8 | €7,040 | €7,573 | +€534 | +7.6% |
| Gross operating margin | 9900 | €36,363 | €46,877 | +€10,514 | +28.9% |
| Operating profit (loss) | 9901 | €27,097 | €38,845 | +€11,748 | +43.4% |
| Financial income | 75/76B | €980 | €967 | -€13 | -1.3% |
| Recurring financial income | 75 | €980 | €967 | -€13 | -1.3% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +4.3% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €28,034 | €39,767 | +€11,733 | +41.9% |
| Income taxes | 67/77 | €9,461 | €12,975 | +€3,514 | +37.1% |
| Profit (loss) for the period | 9904 | €18,572 | €26,791 | +€8,219 | +44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,572 | €26,791 | +€8,219 | +44.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.