KURD: 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.
KURD
Largest movements
- Financial fixed assets -€1,600
down €1,600 (-94.2%), from €1,698 to €98
- Receivables within one year -€1,578
down €1,578 (-38.7%), from €4,076 to €2,498
- Cash +€483
up €483 (+607%), from €79 to €562
- Tangible fixed assets -€165
down €165 (-19.4%), from €853 to €688
- Accrued charges and deferred income -€1,320
no longer reported in 2025 (was €1,320)
- Profit (loss) carried forward -€841
down €841 (-75.9%), from €1,108 to €267
- Tax, wage and social debts -€700
down €700 (-23.5%), from €2,979 to €2,279
No income-statement line moved by more than 1% of the activity.
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,707 | €3,846 | -€2,861 | -42.7% |
| Fixed assets | 21/28 | €2,551 | €786 | -€1,765 | -69.2% |
| Tangible fixed assets | 22/27 | €853 | €688 | -€165 | -19.4% |
| Furniture and vehicles | 24 | €853 | €688 | -€165 | -19.4% |
| Financial fixed assets | 28 | €1,698 | €98 | -€1,600 | -94.2% |
| Current assets | 29/58 | €4,156 | €3,060 | -€1,096 | -26.4% |
| Amounts receivable within one year | 40/41 | €4,076 | €2,498 | -€1,578 | -38.7% |
| Other amounts receivable | 41 | €4,076 | €2,498 | -€1,578 | -38.7% |
| Cash at bank and in hand | 54/58 | €79 | €562 | +€483 | +607% |
| Total equity and liabilities | 10/49 | €6,707 | €3,846 | -€2,861 | -42.7% |
| Equity | 10/15 | €2,408 | €1,567 | -€841 | -34.9% |
| Contributions | 10/11 | €1,300 | €1,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,108 | €267 | -€841 | -75.9% |
| Amounts payable | 17/49 | €4,299 | €2,279 | -€2,020 | -47.0% |
| Amounts payable within one year | 42/48 | €2,979 | €2,279 | -€700 | -23.5% |
| Taxes, remuneration and social security | 45 | €2,979 | €2,279 | -€700 | -23.5% |
| Taxes | 450/3 | €2,979 | €2,279 | -€700 | -23.5% |
| Accrued charges and deferred income | 492/3 | €1,320 | - | -€1,320 |
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 25 October 2026 via checked.be.