"KURITSU": 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.
"KURITSU"
Largest movements
- Receivables within one year -€9,932
down €9,932 (-53.2%), from €18,674 to €8,741
of which Trade receivables: -€9,140
- Cash -€5,395
down €5,395 (-4.1%), from €131,541 to €126,146
mainly Contributions, distributions and other (-€70,000) and Other debts (-€5,625)
- Reserves -€11,860
down €11,860 (-11.6%), from €101,860 to €90,000
- Other debts -€5,625
down €5,625 (-7.2%), from €78,064 to €72,439
- Gross operating margin +€3,974
up €3,974 (+5.4%), from €73,718 to €77,692
- Taxes +€1,142
up €1,142 (+7.1%), from €16,017 to €17,159
- Depreciation -€826
down €826 (-87.9%), from €939 to €113
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 | €200,328 | €186,449 | -€13,879 | -6.9% |
| Fixed assets | 21/28 | €113 | - | -€113 | |
| Tangible fixed assets | 22/27 | €113 | - | -€113 | |
| Furniture and vehicles | 24 | €113 | - | -€113 | |
| Current assets | 29/58 | €200,215 | €186,449 | -€13,766 | -6.9% |
| Amounts receivable within one year | 40/41 | €18,674 | €8,741 | -€9,932 | -53.2% |
| Trade receivables | 40 | €17,882 | €8,741 | -€9,140 | -51.1% |
| Other amounts receivable | 41 | €792 | - | -€792 | |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €131,541 | €126,146 | -€5,395 | -4.1% |
| Deferred charges and accrued income | 490/1 | - | €1,562 | +€1,562 | |
| Total equity and liabilities | 10/49 | €200,328 | €186,449 | -€13,879 | -6.9% |
| Equity | 10/15 | €120,610 | €110,127 | -€10,484 | -8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €101,860 | €90,000 | -€11,860 | -11.6% |
| Distributable reserves | 133 | €101,860 | €90,000 | -€11,860 | -11.6% |
| Profit (loss) carried forward | 14 | €150 | €1,527 | +€1,376 | +915% |
| Amounts payable | 17/49 | €79,718 | €76,322 | -€3,395 | -4.3% |
| Amounts payable within one year | 42/48 | €79,718 | €76,322 | -€3,395 | -4.3% |
| Trade debts | 44 | €637 | €1,672 | +€1,036 | +163% |
| Suppliers | 440/4 | €637 | €1,672 | +€1,036 | +163% |
| Taxes, remuneration and social security | 45 | €1,017 | €2,211 | +€1,194 | +117% |
| Taxes | 450/3 | €1,017 | €2,211 | +€1,194 | +117% |
| Other amounts payable | 47/48 | €78,064 | €72,439 | -€5,625 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €939 | €113 | -€826 | -87.9% |
| Other operating charges | 640/8 | €626 | €646 | +€20 | +3.3% |
| Gross operating margin | 9900 | €73,718 | €77,692 | +€3,974 | +5.4% |
| Operating profit (loss) | 9901 | €72,153 | €76,933 | +€4,779 | +6.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €257 | €258 | +€0 | +0.2% |
| Recurring financial charges | 65 | €257 | €258 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €71,896 | €76,675 | +€4,779 | +6.6% |
| Income taxes | 67/77 | €16,017 | €17,159 | +€1,142 | +7.1% |
| Profit (loss) for the period | 9904 | €55,879 | €59,516 | +€3,637 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €55,879 | €59,516 | +€3,637 | +6.5% |
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 18 October 2026 via checked.be.