A CUBE ARCHITECTURE: 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.
A CUBE ARCHITECTURE
Largest movements
- Receivables within one year +€114,850
up €114,850 (+130.0%), from €88,378 to €203,228
of which Trade receivables: +€111,559
- Cash -€80,529
down €80,529 (-59.7%), from €134,942 to €54,413
mainly Receivables within one year (-€114,850) and Tax, wage and social debts (-€10,090)
- Intangible fixed assets -€16,101
down €16,101 (-31.6%), from €50,941 to €34,840
- Tangible fixed assets -€4,388
down €4,388 (-51.4%), from €8,536 to €4,148
of which Furniture and vehicles: -€4,316
- Trade debts +€25,240
up €25,240 (+96.6%), from €26,127 to €51,367
- Tax, wage and social debts -€10,090
down €10,090 (-96.7%), from €10,430 to €340
- Gross operating margin -€27,947
down €27,947 (-49.2%), from €56,788 to €28,842
- Taxes -€9,262
down €9,262 (-96.4%), from €9,604 to €342
- Depreciation -€2,004
down €2,004 (-8.9%), from €22,493 to €20,489
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 | €282,796 | €299,289 | +€16,493 | +5.8% |
| Fixed assets | 21/28 | €59,477 | €38,989 | -€20,489 | -34.4% |
| Intangible fixed assets | 21 | €50,941 | €34,840 | -€16,101 | -31.6% |
| Tangible fixed assets | 22/27 | €8,536 | €4,148 | -€4,388 | -51.4% |
| Plant, machinery and equipment | 23 | €72 | - | -€72 | |
| Furniture and vehicles | 24 | €8,464 | €4,148 | -€4,316 | -51.0% |
| Current assets | 29/58 | €223,319 | €260,301 | +€36,982 | +16.6% |
| Amounts receivable within one year | 40/41 | €88,378 | €203,228 | +€114,850 | +130.0% |
| Trade receivables | 40 | €80,481 | €192,040 | +€111,559 | +138.6% |
| Other amounts receivable | 41 | €7,897 | €11,187 | +€3,291 | +41.7% |
| Cash at bank and in hand | 54/58 | €134,942 | €54,413 | -€80,529 | -59.7% |
| Deferred charges and accrued income | 490/1 | - | €2,660 | +€2,660 | |
| Total equity and liabilities | 10/49 | €282,796 | €299,289 | +€16,493 | +5.8% |
| Equity | 10/15 | €246,239 | €246,255 | +€16 | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €170,145 | €170,145 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €168,290 | €168,290 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,544 | €57,560 | +€16 | 0.0% |
| Amounts payable | 17/49 | €36,557 | €53,034 | +€16,477 | +45.1% |
| Amounts payable within one year | 42/48 | €36,557 | €51,707 | +€15,150 | +41.4% |
| Trade debts | 44 | €26,127 | €51,367 | +€25,240 | +96.6% |
| Suppliers | 440/4 | €26,127 | €51,367 | +€25,240 | +96.6% |
| Taxes, remuneration and social security | 45 | €10,430 | €340 | -€10,090 | -96.7% |
| Taxes | 450/3 | €10,430 | €340 | -€10,090 | -96.7% |
| Accrued charges and deferred income | 492/3 | - | €1,327 | +€1,327 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,493 | €20,489 | -€2,004 | -8.9% |
| Other operating charges | 640/8 | €7,571 | €7,712 | +€140 | +1.9% |
| Gross operating margin | 9900 | €56,788 | €28,842 | -€27,947 | -49.2% |
| Operating profit (loss) | 9901 | €26,724 | €641 | -€26,083 | -97.6% |
| Financial income | 75/76B | €44 | €84 | +€41 | +92.4% |
| Recurring financial income | 75 | €44 | €84 | +€41 | +92.4% |
| Financial charges | 65/66B | €38 | €368 | +€330 | +857.7% |
| Recurring financial charges | 65 | €38 | €368 | +€330 | +857.7% |
| Profit (loss) for the period before taxes | 9903 | €26,730 | €358 | -€26,372 | -98.7% |
| Income taxes | 67/77 | €9,604 | €342 | -€9,262 | -96.4% |
| Profit (loss) for the period | 9904 | €17,125 | €16 | -€17,109 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,125 | €16 | -€17,109 | -99.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.