KOURIEH: 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.
KOURIEH
Largest movements
- Cash +€164,438
up €164,438 (+42.9%), from €383,630 to €548,068
mainly Net result for the year (+€95,405) and Depreciation (+€50,151)
- Tangible fixed assets -€43,977
down €43,977 (-7.9%), from €558,897 to €514,920
of which Land and buildings: -€33,643
- Profit (loss) carried forward +€65,405
up €65,405 (+13.7%), from €478,792 to €544,197
- Tax, wage and social debts +€48,489
up €48,489 (+116%), from €41,863 to €90,352
of which Taxes: +€42,126
- Reserves +€30,000
up €30,000 (+25.5%), from €117,753 to €147,753
- Debts after one year -€26,854
down €26,854 (-11.3%), from €238,008 to €211,153
- Other debts +€15,589
up €15,589 (+94.4%), from €16,521 to €32,111
- Gross operating margin +€60,827
up €60,827 (+21.4%), from €284,577 to €345,404
- Staff costs +€37,016
up €37,016 (+33.3%), from €111,007 to €148,023
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €955,939 | €1,086,307 | +€130,368 | +13.6% |
| Fixed assets | 21/28 | €558,897 | €514,920 | -€43,977 | -7.9% |
| Tangible fixed assets | 22/27 | €558,897 | €514,920 | -€43,977 | -7.9% |
| Land and buildings | 22 | €525,488 | €491,845 | -€33,643 | -6.4% |
| Plant, machinery and equipment | 23 | €24,566 | €16,517 | -€8,049 | -32.8% |
| Furniture and vehicles | 24 | €8,843 | €6,558 | -€2,286 | -25.8% |
| Current assets | 29/58 | €397,041 | €571,387 | +€174,345 | +43.9% |
| Amounts receivable within one year | 40/41 | €2,106 | €2,733 | +€627 | +29.8% |
| Trade receivables | 40 | €2,106 | €2,733 | +€627 | +29.8% |
| Cash at bank and in hand | 54/58 | €383,630 | €548,068 | +€164,438 | +42.9% |
| Deferred charges and accrued income | 490/1 | €11,306 | €20,586 | +€9,280 | +82.1% |
| Total equity and liabilities | 10/49 | €955,939 | €1,086,307 | +€130,368 | +13.6% |
| Equity | 10/15 | €615,545 | €710,950 | +€95,405 | +15.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €117,753 | €147,753 | +€30,000 | +25.5% |
| Distributable reserves | 133 | €117,753 | €147,753 | +€30,000 | +25.5% |
| Profit (loss) carried forward | 14 | €478,792 | €544,197 | +€65,405 | +13.7% |
| Amounts payable | 17/49 | €340,394 | €375,356 | +€34,963 | +10.3% |
| Amounts payable after more than one year | 17 | €238,008 | €211,153 | -€26,854 | -11.3% |
| Financial debts | 170/4 | €238,008 | €211,153 | -€26,854 | -11.3% |
| Amounts payable within one year | 42/48 | €97,378 | €159,195 | +€61,817 | +63.5% |
| Current portion of amounts payable after more than one year | 42 | €25,836 | €26,854 | +€1,019 | +3.9% |
| Financial debts | 43 | €7,522 | €7,534 | +€13 | +0.2% |
| Credit institutions | 430/8 | €7,522 | €7,534 | +€13 | +0.2% |
| Trade debts | 44 | €5,636 | €2,343 | -€3,293 | -58.4% |
| Suppliers | 440/4 | €5,636 | €2,343 | -€3,293 | -58.4% |
| Taxes, remuneration and social security | 45 | €41,863 | €90,352 | +€48,489 | +116% |
| Taxes | 450/3 | €26,500 | €68,626 | +€42,126 | +159% |
| Remuneration and social security | 454/9 | €15,363 | €21,726 | +€6,363 | +41.4% |
| Other amounts payable | 47/48 | €16,521 | €32,111 | +€15,589 | +94.4% |
| Accrued charges and deferred income | 492/3 | €5,008 | €5,008 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €111,007 | €148,023 | +€37,016 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,902 | €50,151 | +€2,249 | +4.7% |
| Other operating charges | 640/8 | €6,929 | €6,652 | -€278 | -4.0% |
| Gross operating margin | 9900 | €284,577 | €345,404 | +€60,827 | +21.4% |
| Operating profit (loss) | 9901 | €118,740 | €140,579 | +€21,839 | +18.4% |
| Financial income | 75/76B | €204 | €1 | -€203 | -99.6% |
| Recurring financial income | 75 | €204 | €1 | -€203 | -99.6% |
| Financial charges | 65/66B | €11,829 | €10,821 | -€1,008 | -8.5% |
| Recurring financial charges | 65 | €11,829 | €10,821 | -€1,008 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €107,114 | €129,758 | +€22,644 | +21.1% |
| Income taxes | 67/77 | €33,500 | €34,353 | +€853 | +2.5% |
| Profit (loss) for the period | 9904 | €73,614 | €95,405 | +€21,791 | +29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €73,614 | €95,405 | +€21,791 | +29.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.