Bi-CUBE: 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.
Bi-CUBE
Largest movements
- Tangible fixed assets +€564,407
up €564,407 (+55.4%), from €1.0m to €1.6m
- Cash +€117,379
up €117,379 (+279.9%), from €41,931 to €159,311
mainly Other debts (+€671,600) and Trade debts (+€59,904)
- Other debts +€671,600
up €671,600 (+71.1%), from €944,990 to €1.6m
- Trade debts +€59,904
up €59,904 (+18.4%), from €326,057 to €385,961
- Profit (loss) carried forward -€34,261
down €34,261 (-8.5%), from -€405,021 to -€439,281
- Depreciation +€29,049
up €29,049 (+120.1%), from €24,198 to €53,247
- Gross operating margin +€8,458
up €8,458 (+46.0%), from €18,398 to €26,857
- Financial income -€3,026
no longer reported in 2025 (was €3,026)
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 | €1,181,945 | €1,863,978 | +€682,033 | +57.7% |
| Fixed assets | 21/28 | €1,018,995 | €1,583,402 | +€564,407 | +55.4% |
| Tangible fixed assets | 22/27 | €1,018,995 | €1,583,402 | +€564,407 | +55.4% |
| Land and buildings | 22 | €1,018,995 | €1,583,402 | +€564,407 | +55.4% |
| Current assets | 29/58 | €162,950 | €280,576 | +€117,627 | +72.2% |
| Stocks and contracts in progress | 3 | €113,100 | €113,100 | = | 0.0% |
| Stocks | 30/36 | €113,100 | €113,100 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,919 | €7,522 | -€396 | -5.0% |
| Trade receivables | 40 | €6,477 | €5,407 | -€1,070 | -16.5% |
| Other amounts receivable | 41 | €1,442 | €2,115 | +€673 | +46.7% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €41,931 | €159,311 | +€117,379 | +279.9% |
| Deferred charges and accrued income | 490/1 | - | €644 | +€644 | |
| Total equity and liabilities | 10/49 | €1,181,945 | €1,863,978 | +€682,033 | +57.7% |
| Equity | 10/15 | -€375,021 | -€409,281 | -€34,261 | -9.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€405,021 | -€439,281 | -€34,261 | -8.5% |
| Amounts payable | 17/49 | €1,556,966 | €2,273,259 | +€716,294 | +46.0% |
| Amounts payable after more than one year | 17 | €270,708 | €255,267 | -€15,441 | -5.7% |
| Financial debts | 170/4 | €270,708 | €255,267 | -€15,441 | -5.7% |
| Amounts payable within one year | 42/48 | €1,286,258 | €2,017,992 | +€731,734 | +56.9% |
| Current portion of amounts payable after more than one year | 42 | €15,210 | €15,441 | +€230 | +1.5% |
| Trade debts | 44 | €326,057 | €385,961 | +€59,904 | +18.4% |
| Suppliers | 440/4 | €326,057 | €385,961 | +€59,904 | +18.4% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €944,990 | €1,616,590 | +€671,600 | +71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,198 | €53,247 | +€29,049 | +120.1% |
| Other operating charges | 640/8 | €3,457 | €3,566 | +€109 | +3.2% |
| Gross operating margin | 9900 | €18,398 | €26,857 | +€8,458 | +46.0% |
| Operating profit (loss) | 9901 | -€9,256 | -€29,956 | -€20,700 | -223.6% |
| Financial income | 75/76B | €3,026 | - | -€3,026 | |
| Recurring financial income | 75 | €3,026 | - | -€3,026 | |
| Financial charges | 65/66B | €4,530 | €4,304 | -€225 | -5.0% |
| Recurring financial charges | 65 | €4,530 | €4,304 | -€225 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,760 | -€34,261 | -€23,501 | -218.4% |
| Profit (loss) for the period | 9904 | -€10,760 | -€34,261 | -€23,501 | -218.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,760 | -€34,261 | -€23,501 | -218.4% |
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 8 October 2026 via checked.be.