KUROSS: 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.
KUROSS
Largest movements
- Tangible fixed assets -€20,377
down €20,377 (-15.3%), from €132,923 to €112,547
of which Land and buildings: -€11,364
- Cash -€17,250
down €17,250 (-41.7%), from €41,417 to €24,167
mainly Debts after one year (-€25,484) and Trade debts (-€18,289)
- Stocks and contracts -€8,976
down €8,976 (-11.2%), from €79,988 to €71,011
- Receivables within one year -€6,929
down €6,929 (-4.1%), from €170,653 to €163,724
of which Trade receivables: -€4,639
- Debts after one year -€25,484
down €25,484 (-16.5%), from €154,109 to €128,625
- Trade debts -€18,289
down €18,289 (-32.8%), from €55,819 to €37,529
- Profit (loss) carried forward -€8,521
down €8,521 (-39.1%), from -€21,800 to -€30,321
- Depreciation -€12,187
down €12,187 (-37.4%), from €32,564 to €20,377
- Other operating charges +€1,847
up €1,847 (+96.4%), from €1,917 to €3,765
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €424,991 | €372,001 | -€52,989 | -12.5% |
| Fixed assets | 21/28 | €132,933 | €112,557 | -€20,377 | -15.3% |
| Tangible fixed assets | 22/27 | €132,923 | €112,547 | -€20,377 | -15.3% |
| Land and buildings | 22 | €123,910 | €112,547 | -€11,364 | -9.2% |
| Furniture and vehicles | 24 | €9,013 | - | -€9,013 | |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €292,057 | €259,445 | -€32,613 | -11.2% |
| Stocks and contracts in progress | 3 | €79,988 | €71,011 | -€8,976 | -11.2% |
| Stocks | 30/36 | €79,988 | €71,011 | -€8,976 | -11.2% |
| Amounts receivable within one year | 40/41 | €170,653 | €163,724 | -€6,929 | -4.1% |
| Trade receivables | 40 | €4,954 | €315 | -€4,639 | -93.6% |
| Other amounts receivable | 41 | €165,699 | €163,409 | -€2,290 | -1.4% |
| Cash at bank and in hand | 54/58 | €41,417 | €24,167 | -€17,250 | -41.7% |
| Deferred charges and accrued income | 490/1 | - | €543 | +€543 | |
| Total equity and liabilities | 10/49 | €424,991 | €372,001 | -€52,989 | -12.5% |
| Equity | 10/15 | €53,864 | €45,344 | -€8,521 | -15.8% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €664 | €664 | = | 0.0% |
| Tax-exempt reserves | 132 | €664 | €664 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,800 | -€30,321 | -€8,521 | -39.1% |
| Amounts payable | 17/49 | €371,126 | €326,658 | -€44,469 | -12.0% |
| Amounts payable after more than one year | 17 | €154,109 | €128,625 | -€25,484 | -16.5% |
| Financial debts | 170/4 | €154,109 | €128,625 | -€25,484 | -16.5% |
| Amounts payable within one year | 42/48 | €217,017 | €198,033 | -€18,985 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €26,882 | €25,484 | -€1,398 | -5.2% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €55,819 | €37,529 | -€18,289 | -32.8% |
| Suppliers | 440/4 | €55,819 | €37,529 | -€18,289 | -32.8% |
| Taxes, remuneration and social security | 45 | €19,576 | €20,116 | +€541 | +2.8% |
| Taxes | 450/3 | €3,676 | €2,521 | -€1,155 | -31.4% |
| Remuneration and social security | 454/9 | €15,899 | €17,595 | +€1,696 | +10.7% |
| Other amounts payable | 47/48 | €14,741 | €14,903 | +€162 | +1.1% |
| Remuneration, social security and pensions | 62 | €61,976 | €61,879 | -€97 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,564 | €20,377 | -€12,187 | -37.4% |
| Other operating charges | 640/8 | €1,917 | €3,765 | +€1,847 | +96.4% |
| Non-recurring operating charges | 66A | - | €2,640 | +€2,640 | |
| Gross operating margin | 9900 | €98,356 | €99,307 | +€951 | +1.0% |
| Operating profit (loss) | 9901 | €1,899 | €10,647 | +€8,748 | +460.8% |
| Financial income | 75/76B | €832 | €184 | -€648 | -77.9% |
| Recurring financial income | 75 | €832 | €184 | -€648 | -77.9% |
| Financial charges | 65/66B | €19,068 | €19,155 | +€87 | +0.5% |
| Recurring financial charges | 65 | €19,068 | €19,155 | +€87 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€16,338 | -€8,324 | +€8,014 | +49.1% |
| Income taxes | 67/77 | €190 | €197 | +€7 | +3.5% |
| Profit (loss) for the period | 9904 | -€16,528 | -€8,521 | +€8,007 | +48.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,528 | -€8,521 | +€8,007 | +48.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.