Kurt Solutions: 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.
Kurt Solutions
Largest movements
- Receivables within one year +€35,124
up €35,124 (+64.9%), from €54,158 to €89,282
of which Trade receivables: +€34,872
- Cash -€2,149
down €2,149 (-99.5%), from €2,159 to €10
mainly Receivables within one year (-€35,124) and Debts after one year (-€3,588)
- Profit (loss) carried forward +€22,133
up €22,133 (+90.0%), from €24,592 to €46,725
- Tax, wage and social debts +€11,844
up €11,844 (+83.9%), from €14,112 to €25,956
of which Taxes: +€10,368
- Debts after one year -€3,588
no longer reported in 2025 (was €3,588)
- Trade debts +€3,062
up €3,062 (+36.9%), from €8,309 to €11,371
- Gross operating margin -€31,814
down €31,814 (-36.1%), from €88,192 to €56,378
- Staff costs -€28,691
down €28,691 (-52.7%), from €54,486 to €25,795
- Financial charges -€1,102
down €1,102 (-38.7%), from €2,851 to €1,749
- Depreciation +€966
up €966 (+404.2%), from €239 to €1,205
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 | €59,775 | €92,678 | +€32,903 | +55.0% |
| Fixed assets | 21/28 | €3,261 | €3,305 | +€45 | +1.4% |
| Tangible fixed assets | 22/27 | €3,261 | €3,305 | +€45 | +1.4% |
| Plant, machinery and equipment | 23 | €3,261 | €3,305 | +€45 | +1.4% |
| Current assets | 29/58 | €56,514 | €89,373 | +€32,859 | +58.1% |
| Amounts receivable within one year | 40/41 | €54,158 | €89,282 | +€35,124 | +64.9% |
| Trade receivables | 40 | €37,432 | €72,304 | +€34,872 | +93.2% |
| Other amounts receivable | 41 | €16,726 | €16,978 | +€252 | +1.5% |
| Cash at bank and in hand | 54/58 | €2,159 | €10 | -€2,149 | -99.5% |
| Deferred charges and accrued income | 490/1 | €197 | €81 | -€116 | -59.0% |
| Total equity and liabilities | 10/49 | €59,775 | €92,678 | +€32,903 | +55.0% |
| Equity | 10/15 | €29,592 | €51,725 | +€22,133 | +74.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,592 | €46,725 | +€22,133 | +90.0% |
| Amounts payable | 17/49 | €30,183 | €40,954 | +€10,771 | +35.7% |
| Amounts payable after more than one year | 17 | €3,588 | - | -€3,588 | |
| Financial debts | 170/4 | €3,588 | - | -€3,588 | |
| Amounts payable within one year | 42/48 | €26,595 | €40,954 | +€14,359 | +54.0% |
| Current portion of amounts payable after more than one year | 42 | €4,173 | €3,626 | -€547 | -13.1% |
| Trade debts | 44 | €8,309 | €11,371 | +€3,062 | +36.9% |
| Suppliers | 440/4 | €8,309 | €11,371 | +€3,062 | +36.9% |
| Taxes, remuneration and social security | 45 | €14,112 | €25,956 | +€11,844 | +83.9% |
| Taxes | 450/3 | €7,276 | €17,644 | +€10,368 | +142.5% |
| Remuneration and social security | 454/9 | €6,836 | €8,312 | +€1,475 | +21.6% |
| Non-recurring operating income | 76A | €90 | - | -€90 | |
| Remuneration, social security and pensions | 62 | €54,486 | €25,795 | -€28,691 | -52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €239 | €1,205 | +€966 | +404.2% |
| Other operating charges | 640/8 | €314 | €217 | -€97 | -30.8% |
| Gross operating margin | 9900 | €88,192 | €56,378 | -€31,814 | -36.1% |
| Operating profit (loss) | 9901 | €33,153 | €29,161 | -€3,993 | -12.0% |
| Financial income | 75/76B | €835 | €860 | +€25 | +3.0% |
| Recurring financial income | 75 | €835 | €860 | +€25 | +3.0% |
| Financial charges | 65/66B | €2,851 | €1,749 | -€1,102 | -38.7% |
| Recurring financial charges | 65 | €2,851 | €1,749 | -€1,102 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €31,137 | €28,271 | -€2,866 | -9.2% |
| Income taxes | 67/77 | €6,545 | €6,138 | -€407 | -6.2% |
| Profit (loss) for the period | 9904 | €24,592 | €22,133 | -€2,459 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,592 | €22,133 | -€2,459 | -10.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.