KURIOS: 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.
What changed
KURIOS
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€159,477
2024 · -€227,593+€68,116
Equity
€374,839
2024 · €534,316-€159,477
Cash
-
2024 · €10,652-€10,652
Balance sheet total
€7.8m
2024 · €7.9m-€124,495
Largest movements
Assets
- Tangible fixed assets -€157,521
down €157,521 (-2.2%), from €7.1m to €6.9m
of which Land and buildings: -€131,354
Equity and liabilities
- Reserves -€159,477
down €159,477 (-33.7%), from €472,816 to €313,339
of which Distributable reserves: -€159,477
Income statement
- Financial charges -€180,440
down €180,440 (-98.5%), from €183,217 to €2,777
- Gross operating margin -€94,752
down €94,752 (-75.7%), from €125,102 to €30,350
- Depreciation +€18,659
up €18,659 (+11.8%), from €157,711 to €176,370
- Financial income +€3,387
up €3,387 (+51.1%), from €6,627 to €10,014
- Other operating charges +€2,205
up €2,205 (+12.3%), from €17,927 to €20,132
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.
Result 2024
-€227,593
Gross operating margin
-€94,752
Depreciation
-€18,659
Other operating charges
-€2,205
Financial income
+€3,387
Financial charges
+€180,440
Taxes
-€95
Result 2025
-€159,477
raises the resultlowers the result
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.
From operations
-€9,930
Investment
-€18,849
Financing
+€18,127
Cash 2024
€10,652
From operations (derived)
-€9,930
Net result for the year
-€159,477
Depreciation
+€176,370
Receivables after one year
-€10,012
Receivables within one year
-€30,960
Deferred charges and accrued income
-€2,706
Trade debts
+€8,313
Tax, wage and social debts
-€533
Other debts
+€9,075
Investment (derived)
-€18,849
Investment in fixed assets (net)
-€18,849
Financing
+€18,127
Debts after one year
+€12,500
Short-term financial debts
+€5,627
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,938,233 | €7,813,738 | -€124,495 | -1.6% |
| Fixed assets | 21/28 | €7,075,958 | €6,918,437 | -€157,521 | -2.2% |
| Tangible fixed assets | 22/27 | €7,073,457 | €6,915,936 | -€157,521 | -2.2% |
| Land and buildings | 22 | €6,838,723 | €6,707,369 | -€131,354 | -1.9% |
| Plant, machinery and equipment | 23 | €56,832 | €69,832 | +€13,000 | +22.9% |
| Furniture and vehicles | 24 | €177,902 | €138,735 | -€39,167 | -22.0% |
| Financial fixed assets | 28 | €2,501 | €2,501 | = | 0.0% |
| Current assets | 29/58 | €862,275 | €895,301 | +€33,026 | +3.8% |
| Amounts receivable after more than one year | 29 | €669,077 | €679,089 | +€10,012 | +1.5% |
| Other amounts receivable | 291 | €669,077 | €679,089 | +€10,012 | +1.5% |
| Amounts receivable within one year | 40/41 | €180,086 | €211,046 | +€30,960 | +17.2% |
| Trade receivables | 40 | €3,085 | €4,901 | +€1,816 | +58.9% |
| Other amounts receivable | 41 | €177,001 | €206,145 | +€29,144 | +16.5% |
| Cash at bank and in hand | 54/58 | €10,652 | - | -€10,652 | |
| Deferred charges and accrued income | 490/1 | €2,460 | €5,166 | +€2,706 | +110% |
| Total equity and liabilities | 10/49 | €7,938,233 | €7,813,738 | -€124,495 | -1.6% |
| Equity | 10/15 | €534,316 | €374,839 | -€159,477 | -29.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €472,816 | €313,339 | -€159,477 | -33.7% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €466,666 | €307,189 | -€159,477 | -34.2% |
| Amounts payable | 17/49 | €7,403,917 | €7,438,899 | +€34,982 | +0.5% |
| Amounts payable after more than one year | 17 | €7,359,391 | €7,371,891 | +€12,500 | +0.2% |
| Financial debts | 170/4 | €128,212 | €88,763 | -€39,449 | -30.8% |
| Other amounts payable | 178/9 | €7,231,179 | €7,283,128 | +€51,949 | +0.7% |
| Amounts payable within one year | 42/48 | €44,526 | €67,008 | +€22,482 | +50.5% |
| Current portion of amounts payable after more than one year | 42 | €39,450 | €39,450 | = | 0.0% |
| Financial debts | 43 | - | €5,627 | +€5,627 | |
| Credit institutions | 430/8 | - | €5,627 | +€5,627 | |
| Trade debts | 44 | €3,981 | €12,294 | +€8,313 | +209% |
| Suppliers | 440/4 | €3,981 | €12,294 | +€8,313 | +209% |
| Taxes, remuneration and social security | 45 | €1,095 | €562 | -€533 | -48.7% |
| Taxes | 450/3 | €1,095 | €562 | -€533 | -48.7% |
| Other amounts payable | 47/48 | - | €9,075 | +€9,075 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157,711 | €176,370 | +€18,659 | +11.8% |
| Other operating charges | 640/8 | €17,927 | €20,132 | +€2,205 | +12.3% |
| Gross operating margin | 9900 | €125,102 | €30,350 | -€94,752 | -75.7% |
| Operating profit (loss) | 9901 | -€50,536 | -€166,152 | -€115,616 | -229% |
| Financial income | 75/76B | €6,627 | €10,014 | +€3,387 | +51.1% |
| Recurring financial income | 75 | €6,627 | €10,014 | +€3,387 | +51.1% |
| Financial charges | 65/66B | €183,217 | €2,777 | -€180,440 | -98.5% |
| Recurring financial charges | 65 | €183,217 | €2,777 | -€180,440 | -98.5% |
| Profit (loss) for the period before taxes | 9903 | -€227,126 | -€158,915 | +€68,211 | +30.0% |
| Income taxes | 67/77 | €467 | €562 | +€95 | +20.3% |
| Profit (loss) for the period | 9904 | -€227,593 | -€159,477 | +€68,116 | +29.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€227,593 | -€159,477 | +€68,116 | +29.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.