K-CURO: 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.
K-CURO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year -€98,381
down €98,381 (-25.8%), from €381,877 to €283,496
- Profit (loss) carried forward +€83,845
up €83,845 (+20.7%), from €405,965 to €489,809
- Financial income -€15,733
down €15,733 (-28.5%), from €55,206 to €39,473
- Gross operating margin -€14,772
down €14,772 (-16.4%), from €90,206 to €75,434
- Taxes -€1,724
down €1,724 (-7.8%), from €22,137 to €20,413
- Financial charges -€1,582
down €1,582 (-18.2%), from €8,714 to €7,131
- Depreciation -€1,336
down €1,336 (-32.8%), from €4,078 to €2,742
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 | €1,142,947 | €1,134,118 | -€8,828 | -0.8% |
| Fixed assets | 21/28 | €1,134,168 | €1,131,426 | -€2,742 | -0.2% |
| Tangible fixed assets | 22/27 | €4,168 | €1,426 | -€2,742 | -65.8% |
| Furniture and vehicles | 24 | €4,168 | €1,426 | -€2,742 | -65.8% |
| Financial fixed assets | 28 | €1,130,000 | €1,130,000 | = | 0.0% |
| Current assets | 29/58 | €8,779 | €2,692 | -€6,086 | -69.3% |
| Amounts receivable within one year | 40/41 | €2,500 | - | -€2,500 | |
| Trade receivables | 40 | €2,500 | - | -€2,500 | |
| Cash at bank and in hand | 54/58 | €6,064 | €830 | -€5,234 | -86.3% |
| Deferred charges and accrued income | 490/1 | €214 | €1,862 | +€1,648 | +769% |
| Total equity and liabilities | 10/49 | €1,142,947 | €1,134,118 | -€8,828 | -0.8% |
| Equity | 10/15 | €408,465 | €492,309 | +€83,845 | +20.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €405,965 | €489,809 | +€83,845 | +20.7% |
| Amounts payable | 17/49 | €734,482 | €641,809 | -€92,673 | -12.6% |
| Amounts payable after more than one year | 17 | €381,877 | €283,496 | -€98,381 | -25.8% |
| Financial debts | 170/4 | €381,877 | €283,496 | -€98,381 | -25.8% |
| Amounts payable within one year | 42/48 | €352,605 | €356,813 | +€4,208 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €97,163 | €96,773 | -€389 | -0.4% |
| Trade debts | 44 | €344 | €453 | +€109 | +31.7% |
| Suppliers | 440/4 | €344 | €453 | +€109 | +31.7% |
| Taxes, remuneration and social security | 45 | €52,514 | €48,464 | -€4,051 | -7.7% |
| Taxes | 450/3 | €52,514 | €48,464 | -€4,051 | -7.7% |
| Other amounts payable | 47/48 | €202,584 | €211,123 | +€8,539 | +4.2% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,078 | €2,742 | -€1,336 | -32.8% |
| Other operating charges | 640/8 | €274 | €775 | +€501 | +183% |
| Gross operating margin | 9900 | €90,206 | €75,434 | -€14,772 | -16.4% |
| Operating profit (loss) | 9901 | €85,854 | €71,917 | -€13,937 | -16.2% |
| Financial income | 75/76B | €55,206 | €39,473 | -€15,733 | -28.5% |
| Recurring financial income | 75 | €55,206 | €39,473 | -€15,733 | -28.5% |
| Financial charges | 65/66B | €8,714 | €7,131 | -€1,582 | -18.2% |
| Recurring financial charges | 65 | €8,714 | €7,131 | -€1,582 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €132,346 | €104,258 | -€28,088 | -21.2% |
| Income taxes | 67/77 | €22,137 | €20,413 | -€1,724 | -7.8% |
| Profit (loss) for the period | 9904 | €110,209 | €83,845 | -€26,364 | -23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €110,209 | €83,845 | -€26,364 | -23.9% |
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 15 October 2026 via checked.be.