Kurkuma: 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.
Kurkuma
Largest movements
- Cash +€41,939
up €41,939 (+52.4%), from €80,010 to €121,949
mainly Net result for the year (+€61,680) and Depreciation (+€17,110)
- Tangible fixed assets -€17,110
down €17,110 (-26.5%), from €64,480 to €47,370
of which Furniture and vehicles: -€16,690
- Reserves +€31,680
up €31,680 (+63.1%), from €50,196 to €81,876
- Debts after one year -€12,805
down €12,805 (-51.1%), from €25,040 to €12,235
- Tax, wage and social debts +€6,097
up €6,097 (+61.1%), from €9,975 to €16,072
- Gross operating margin +€7,964
up €7,964 (+8.3%), from €96,076 to €104,041
- Taxes +€2,901
up €2,901 (+18.8%), from €15,416 to €18,316
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 | €168,431 | €193,893 | +€25,462 | +15.1% |
| Fixed assets | 21/28 | €64,480 | €47,370 | -€17,110 | -26.5% |
| Tangible fixed assets | 22/27 | €64,480 | €47,370 | -€17,110 | -26.5% |
| Plant, machinery and equipment | 23 | €646 | €226 | -€420 | -65.0% |
| Furniture and vehicles | 24 | €63,834 | €47,144 | -€16,690 | -26.1% |
| Current assets | 29/58 | €103,950 | €146,523 | +€42,572 | +41.0% |
| Amounts receivable within one year | 40/41 | €22,154 | €20,989 | -€1,165 | -5.3% |
| Trade receivables | 40 | €20,570 | €20,989 | +€419 | +2.0% |
| Other amounts receivable | 41 | €1,584 | - | -€1,584 | |
| Cash at bank and in hand | 54/58 | €80,010 | €121,949 | +€41,939 | +52.4% |
| Deferred charges and accrued income | 490/1 | €1,786 | €3,585 | +€1,799 | +101% |
| Total equity and liabilities | 10/49 | €168,431 | €193,893 | +€25,462 | +15.1% |
| Equity | 10/15 | €68,796 | €100,476 | +€31,680 | +46.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,196 | €81,876 | +€31,680 | +63.1% |
| Distributable reserves | 133 | €50,196 | €81,876 | +€31,680 | +63.1% |
| Amounts payable | 17/49 | €99,635 | €93,417 | -€6,218 | -6.2% |
| Amounts payable after more than one year | 17 | €25,040 | €12,235 | -€12,805 | -51.1% |
| Financial debts | 170/4 | €25,040 | €12,235 | -€12,805 | -51.1% |
| Amounts payable within one year | 42/48 | €71,232 | €77,313 | +€6,081 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €12,263 | €12,805 | +€542 | +4.4% |
| Trade debts | 44 | €857 | €1,672 | +€815 | +95.0% |
| Suppliers | 440/4 | €857 | €1,672 | +€815 | +95.0% |
| Taxes, remuneration and social security | 45 | €9,975 | €16,072 | +€6,097 | +61.1% |
| Taxes | 450/3 | €9,975 | €16,072 | +€6,097 | +61.1% |
| Other amounts payable | 47/48 | €48,136 | €46,764 | -€1,372 | -2.9% |
| Accrued charges and deferred income | 492/3 | €3,363 | €3,869 | +€506 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,439 | €17,110 | +€671 | +4.1% |
| Other operating charges | 640/8 | €1,598 | €1,546 | -€52 | -3.2% |
| Gross operating margin | 9900 | €96,076 | €104,041 | +€7,964 | +8.3% |
| Operating profit (loss) | 9901 | €78,039 | €85,385 | +€7,345 | +9.4% |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €5,426 | €5,409 | -€17 | -0.3% |
| Recurring financial charges | 65 | €5,426 | €5,409 | -€17 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €72,613 | €79,997 | +€7,384 | +10.2% |
| Income taxes | 67/77 | €15,416 | €18,316 | +€2,901 | +18.8% |
| Profit (loss) for the period | 9904 | €57,197 | €61,680 | +€4,483 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €57,197 | €61,680 | +€4,483 | +7.8% |
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 13 October 2026 via checked.be.