KURUMBA: 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.
KURUMBA
Largest movements
- Financial fixed assets -€200,000
down €200,000 (-80.0%), from €250,000 to €50,000
- Receivables within one year +€97,978
up €97,978, from €0 to €97,978
of which Other amounts receivable: +€71,806
- Cash +€22,964
up €22,964 (+43.2%), from €53,215 to €76,179
mainly Investment in fixed assets (net) (+€173,189) and Net result for the year (+€143,664)
- Tangible fixed assets +€16,994
up €16,994 (+63.1%), from €26,922 to €43,916
of which Furniture and vehicles: +€20,873
- Deferred charges and accrued income -€6,438
down €6,438 (-58.1%), from €11,074 to €4,635
- Debts after one year -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Other debts +€136,288
up €136,288 (+1847.6%), from €7,376 to €143,664
- Gross operating margin +€220,854
up €220,854, from -€30,594 to €190,260
- Taxes +€38,441
up €38,441 (+4697.6%), from €818 to €39,259
- Financial income +€3,134
up €3,134 (+44.9%), from €6,978 to €10,111
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 | €341,211 | €272,709 | -€68,502 | -20.1% |
| Fixed assets | 21/28 | €276,922 | €93,916 | -€183,006 | -66.1% |
| Tangible fixed assets | 22/27 | €26,922 | €43,916 | +€16,994 | +63.1% |
| Plant, machinery and equipment | 23 | €2,862 | €2,362 | -€500 | -17.5% |
| Furniture and vehicles | 24 | €6,206 | €27,079 | +€20,873 | +336.4% |
| Other tangible fixed assets | 26 | €17,854 | €14,475 | -€3,379 | -18.9% |
| Financial fixed assets | 28 | €250,000 | €50,000 | -€200,000 | -80.0% |
| Current assets | 29/58 | €64,289 | €178,793 | +€114,504 | +178.1% |
| Amounts receivable within one year | 40/41 | €0 | €97,978 | +€97,978 | |
| Trade receivables | 40 | €0 | €26,172 | +€26,172 | |
| Other amounts receivable | 41 | €0 | €71,806 | +€71,806 | |
| Cash at bank and in hand | 54/58 | €53,215 | €76,179 | +€22,964 | +43.2% |
| Deferred charges and accrued income | 490/1 | €11,074 | €4,635 | -€6,438 | -58.1% |
| Total equity and liabilities | 10/49 | €341,211 | €272,709 | -€68,502 | -20.1% |
| Equity | 10/15 | €113,377 | €113,377 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,777 | €94,777 | = | 0.0% |
| Distributable reserves | 133 | €94,777 | €94,777 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €227,834 | €159,332 | -€68,502 | -30.1% |
| Amounts payable after more than one year | 17 | €200,000 | €0 | -€200,000 | -100.0% |
| Financial debts | 170/4 | €200,000 | €0 | -€200,000 | -100.0% |
| Amounts payable within one year | 42/48 | €24,464 | €159,332 | +€134,868 | +551.3% |
| Trade debts | 44 | €4,758 | €2,221 | -€2,537 | -53.3% |
| Suppliers | 440/4 | €4,758 | €2,221 | -€2,537 | -53.3% |
| Taxes, remuneration and social security | 45 | €12,329 | €13,446 | +€1,117 | +9.1% |
| Taxes | 450/3 | €12,329 | €13,446 | +€1,117 | +9.1% |
| Other amounts payable | 47/48 | €7,376 | €143,664 | +€136,288 | +1847.6% |
| Accrued charges and deferred income | 492/3 | €3,370 | €0 | -€3,370 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,467 | €9,816 | +€350 | +3.7% |
| Other operating charges | 640/8 | €1,379 | €1,513 | +€134 | +9.7% |
| Non-recurring operating charges | 66A | €45 | €0 | -€45 | -100.0% |
| Gross operating margin | 9900 | -€30,594 | €190,260 | +€220,854 | |
| Operating profit (loss) | 9901 | -€41,485 | €178,930 | +€220,415 | |
| Financial income | 75/76B | €6,978 | €10,111 | +€3,134 | +44.9% |
| Recurring financial income | 75 | €6,978 | €10,111 | +€3,134 | +44.9% |
| Financial charges | 65/66B | €4,963 | €6,118 | +€1,156 | +23.3% |
| Recurring financial charges | 65 | €4,963 | €6,118 | +€1,156 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | -€39,470 | €182,923 | +€222,393 | |
| Income taxes | 67/77 | €818 | €39,259 | +€38,441 | +4697.6% |
| Profit (loss) for the period | 9904 | -€40,288 | €143,664 | +€183,953 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40,288 | €143,664 | +€183,953 |
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 6 October 2026 via checked.be.