Kurkumama: 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.
Kurkumama
Largest movements
- Financial fixed assets +€30,136
new in 2025: €30,136
- Receivables within one year -€29,141
down €29,141 (-22.1%), from €131,974 to €102,833
of which Other amounts receivable: -€29,141
- Other debts +€59,941
up €59,941 (+1,763%), from €3,400 to €63,341
- Reserves -€55,680
down €55,680 (-67.0%), from €83,078 to €27,398
of which Tax-exempt reserves: -€39,525
- Provisions -€13,175
down €13,175 (-100%), from €13,175 to €0
- Advances received +€5,752
new in 2025: €5,752
- Short-term financial debts +€3,390
up €3,390 (+217%), from €1,562 to €4,951
- Taxes +€10,734
up €10,734 (+519%), from €2,069 to €12,802
- Gross operating margin +€4,135
up €4,135, from -€728 to €3,407
- Financial income -€525
down €525 (-7.9%), from €6,610 to €6,085
- Financial charges +€218
up €218 (+16.4%), from €1,330 to €1,548
- Other operating charges +€216
up €216 (+49.1%), from €439 to €655
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
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 | €133,611 | €135,915 | +€2,304 | +1.7% |
| Fixed assets | 21/28 | - | €30,136 | +€30,136 | |
| Financial fixed assets | 28 | - | €30,136 | +€30,136 | |
| Current assets | 29/58 | €133,611 | €105,779 | -€27,832 | -20.8% |
| Amounts receivable within one year | 40/41 | €131,974 | €102,833 | -€29,141 | -22.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €131,974 | €102,833 | -€29,141 | -22.1% |
| Deferred charges and accrued income | 490/1 | €1,636 | €2,946 | +€1,309 | +80.0% |
| Total equity and liabilities | 10/49 | €133,611 | €135,915 | +€2,304 | +1.7% |
| Equity | 10/15 | €101,678 | €45,998 | -€55,680 | -54.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €83,078 | €27,398 | -€55,680 | -67.0% |
| Tax-exempt reserves | 132 | €39,525 | €0 | -€39,525 | -100% |
| Distributable reserves | 133 | €43,552 | €27,398 | -€16,155 | -37.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €13,175 | €0 | -€13,175 | -100% |
| Deferred taxes | 168 | €13,175 | €0 | -€13,175 | -100% |
| Amounts payable | 17/49 | €18,758 | €89,917 | +€71,159 | +379% |
| Amounts payable within one year | 42/48 | €18,258 | €89,917 | +€71,659 | +392% |
| Financial debts | 43 | €1,562 | €4,951 | +€3,390 | +217% |
| Credit institutions | 430/8 | €1,562 | €4,951 | +€3,390 | +217% |
| Trade debts | 44 | €2,870 | €4,209 | +€1,339 | +46.7% |
| Suppliers | 440/4 | €2,870 | €4,209 | +€1,339 | +46.7% |
| Advances received on contracts in progress | 46 | - | €5,752 | +€5,752 | |
| Taxes, remuneration and social security | 45 | €10,426 | €11,663 | +€1,237 | +11.9% |
| Taxes | 450/3 | €10,426 | €11,663 | +€1,237 | +11.9% |
| Other amounts payable | 47/48 | €3,400 | €63,341 | +€59,941 | +1,763% |
| Accrued charges and deferred income | 492/3 | €500 | €0 | -€500 | -100% |
| Other operating charges | 640/8 | €439 | €655 | +€216 | +49.1% |
| Gross operating margin | 9900 | -€728 | €3,407 | +€4,135 | |
| Operating profit (loss) | 9901 | -€1,168 | €2,752 | +€3,919 | |
| Financial income | 75/76B | €6,610 | €6,085 | -€525 | -7.9% |
| Recurring financial income | 75 | €6,610 | €6,085 | -€525 | -7.9% |
| Financial charges | 65/66B | €1,330 | €1,548 | +€218 | +16.4% |
| Recurring financial charges | 65 | €1,330 | €1,548 | +€218 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €4,112 | €7,288 | +€3,176 | +77.2% |
| Transfer from deferred taxes | 780 | - | €13,175 | +€13,175 | |
| Income taxes | 67/77 | €2,069 | €12,802 | +€10,734 | +519% |
| Profit (loss) for the period | 9904 | €2,044 | €7,661 | +€5,617 | +275% |
| Transfer from tax-exempt reserves | 789 | - | €39,525 | +€39,525 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,044 | €47,186 | +€45,143 | +2,209% |
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 28 October 2026 via checked.be.