KURO: what changed
Two fiscal 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.
KURO
Largest movements
- Cash +€19,329
up €19,329 (+218.7%), from €8,836 to €28,166
mainly Net result for the year (+€11,723) and Current portion of long-term debt (+€4,927)
- Receivables within one year +€1,045
up €1,045 (+51.9%), from €2,015 to €3,061
of which Other amounts receivable: +€1,819
- Tangible fixed assets +€388
up €388 (+50.4%), from €770 to €1,158
of which Leasing and similar rights: +€557
- Profit (loss) carried forward +€11,723
up €11,723 (+49.0%), from -€23,901 to -€12,178
- Current portion of long-term debt +€4,927
new in 2025: €4,927
- Debts after one year +€4,670
new in 2025: €4,670
- Other debts -€2,304
down €2,304 (-11.0%), from €20,886 to €18,582
- Tax, wage and social debts +€2,108
up €2,108 (+29.1%), from €7,235 to €9,343
of which Remuneration and social security: +€2,297
- Gross operating margin +€15,268
up €15,268 (+257.5%), from €5,930 to €21,197
- Staff costs +€8,842
new in 2025: €8,842
- Other operating charges -€882
no longer reported in 2025 (was €882)
- Depreciation +€289
up €289 (+219.4%), from €132 to €420
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.
Cash bridge derived
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 | €11,622 | €32,384 | +€20,763 | +178.7% |
| Fixed assets | 21/28 | €770 | €1,158 | +€388 | +50.4% |
| Tangible fixed assets | 22/27 | €770 | €1,158 | +€388 | +50.4% |
| Furniture and vehicles | 24 | €770 | €601 | -€169 | -21.9% |
| Leasing and similar rights | 25 | - | €557 | +€557 | |
| Current assets | 29/58 | €10,852 | €31,226 | +€20,375 | +187.8% |
| Amounts receivable within one year | 40/41 | €2,015 | €3,061 | +€1,045 | +51.9% |
| Trade receivables | 40 | €1,449 | €676 | -€774 | -53.4% |
| Other amounts receivable | 41 | €566 | €2,385 | +€1,819 | +321.3% |
| Cash at bank and in hand | 54/58 | €8,836 | €28,166 | +€19,329 | +218.7% |
| Total equity and liabilities | 10/49 | €11,622 | €32,384 | +€20,763 | +178.7% |
| Equity | 10/15 | -€17,701 | -€5,978 | +€11,723 | +66.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Profit (loss) carried forward | 14 | -€23,901 | -€12,178 | +€11,723 | +49.0% |
| Amounts payable | 17/49 | €29,322 | €38,362 | +€9,040 | +30.8% |
| Amounts payable after more than one year | 17 | - | €4,670 | +€4,670 | |
| Financial debts | 170/4 | - | €4,670 | +€4,670 | |
| Amounts payable within one year | 42/48 | €29,322 | €33,692 | +€4,370 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | - | €4,927 | +€4,927 | |
| Trade debts | 44 | €1,201 | €840 | -€361 | -30.0% |
| Suppliers | 440/4 | €1,201 | €840 | -€361 | -30.0% |
| Taxes, remuneration and social security | 45 | €7,235 | €9,343 | +€2,108 | +29.1% |
| Taxes | 450/3 | €5,886 | €5,697 | -€189 | -3.2% |
| Remuneration and social security | 454/9 | €1,349 | €3,646 | +€2,297 | +170.2% |
| Other amounts payable | 47/48 | €20,886 | €18,582 | -€2,304 | -11.0% |
| Remuneration, social security and pensions | 62 | - | €8,842 | +€8,842 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132 | €420 | +€289 | +219.4% |
| Other operating charges | 640/8 | €882 | - | -€882 | |
| Gross operating margin | 9900 | €5,930 | €21,197 | +€15,268 | +257.5% |
| Operating profit (loss) | 9901 | €4,916 | €11,936 | +€7,019 | +142.8% |
| Financial charges | 65/66B | €161 | €271 | +€109 | +67.9% |
| Recurring financial charges | 65 | €161 | €271 | +€109 | +67.9% |
| Profit (loss) for the period before taxes | 9903 | €4,755 | €11,665 | +€6,910 | +145.3% |
| Income taxes | 67/77 | - | -€58 | -€58 | |
| Profit (loss) for the period | 9904 | €4,755 | €11,723 | +€6,968 | +146.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,755 | €11,723 | +€6,968 | +146.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.