Cu.be 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.
Cu.be Solutions
Largest movements
- Receivables within one year +€124,125
up €124,125 (+113.6%), from €109,235 to €233,360
of which Trade receivables: +€146,531
- Cash -€108,145
down €108,145 (-99.8%), from €108,314 to €169
mainly Receivables within one year (-€124,125) and Debts after one year (-€52,147)
- Tangible fixed assets -€39,275
down €39,275 (-11.0%), from €357,188 to €317,913
of which Furniture and vehicles: -€28,856
- Accrued charges and deferred income +€77,429
up €77,429 (+3346.9%), from €2,313 to €79,742
- Debts after one year -€52,147
down €52,147 (-24.2%), from €215,431 to €163,285
- Reserves -€21,597
down €21,597 (-16.9%), from €128,000 to €106,403
- Short-term financial debts -€19,980
down €19,980 (-40.0%), from €50,000 to €30,020
- Current portion of long-term debt -€14,837
down €14,837 (-20.3%), from €73,039 to €58,203
- Staff costs +€90,180
up €90,180 (+21.2%), from €425,470 to €515,651
- Gross operating margin -€43,780
down €43,780 (-7.1%), from €613,717 to €569,936
- Taxes -€31,040
down €31,040 (-93.6%), from €33,168 to €2,128
- Depreciation +€9,927
up €9,927 (+22.0%), from €45,195 to €55,122
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 | €592,079 | €565,228 | -€26,851 | -4.5% |
| Fixed assets | 21/28 | €366,485 | €321,474 | -€45,011 | -12.3% |
| Intangible fixed assets | 21 | €9,297 | €3,561 | -€5,736 | -61.7% |
| Tangible fixed assets | 22/27 | €357,188 | €317,913 | -€39,275 | -11.0% |
| Land and buildings | 22 | €225,467 | €215,358 | -€10,110 | -4.5% |
| Plant, machinery and equipment | 23 | - | €5,239 | +€5,239 | |
| Furniture and vehicles | 24 | €122,917 | €94,061 | -€28,856 | -23.5% |
| Leasing and similar rights | 25 | €8,804 | €3,255 | -€5,548 | -63.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €225,594 | €243,753 | +€18,160 | +8.0% |
| Amounts receivable within one year | 40/41 | €109,235 | €233,360 | +€124,125 | +113.6% |
| Trade receivables | 40 | €86,830 | €233,360 | +€146,531 | +168.8% |
| Other amounts receivable | 41 | €22,405 | €0 | -€22,405 | -100.0% |
| Cash at bank and in hand | 54/58 | €108,314 | €169 | -€108,145 | -99.8% |
| Deferred charges and accrued income | 490/1 | €8,045 | €10,224 | +€2,179 | +27.1% |
| Total equity and liabilities | 10/49 | €592,079 | €565,228 | -€26,851 | -4.5% |
| Equity | 10/15 | €160,350 | €138,465 | -€21,885 | -13.6% |
| Contributions | 10/11 | €32,063 | €32,063 | = | 0.0% |
| Reserves | 13 | €128,000 | €106,403 | -€21,597 | -16.9% |
| Distributable reserves | 133 | €128,000 | €106,403 | -€21,597 | -16.9% |
| Profit (loss) carried forward | 14 | €288 | €0 | -€288 | -100.0% |
| Amounts payable | 17/49 | €431,729 | €426,762 | -€4,966 | -1.2% |
| Amounts payable after more than one year | 17 | €215,431 | €163,285 | -€52,147 | -24.2% |
| Financial debts | 170/4 | €215,431 | €163,285 | -€52,147 | -24.2% |
| Amounts payable within one year | 42/48 | €213,984 | €183,735 | -€30,249 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €73,039 | €58,203 | -€14,837 | -20.3% |
| Financial debts | 43 | €50,000 | €30,020 | -€19,980 | -40.0% |
| Credit institutions | 430/8 | €50,000 | €30,020 | -€19,980 | -40.0% |
| Trade debts | 44 | €23,635 | €17,396 | -€6,239 | -26.4% |
| Suppliers | 440/4 | €23,635 | €17,396 | -€6,239 | -26.4% |
| Advances received on contracts in progress | 46 | €91 | €0 | -€91 | -100.0% |
| Taxes, remuneration and social security | 45 | €67,219 | €77,781 | +€10,562 | +15.7% |
| Taxes | 450/3 | €28,651 | €30,719 | +€2,068 | +7.2% |
| Remuneration and social security | 454/9 | €38,568 | €47,062 | +€8,494 | +22.0% |
| Other amounts payable | 47/48 | - | €336 | +€336 | |
| Accrued charges and deferred income | 492/3 | €2,313 | €79,742 | +€77,429 | +3346.9% |
| Remuneration, social security and pensions | 62 | €425,470 | €515,651 | +€90,180 | +21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,195 | €55,122 | +€9,927 | +22.0% |
| Other operating charges | 640/8 | €7,158 | €7,353 | +€195 | +2.7% |
| Gross operating margin | 9900 | €613,717 | €569,936 | -€43,780 | -7.1% |
| Operating profit (loss) | 9901 | €135,894 | -€8,189 | -€144,083 | |
| Financial income | 75/76B | €1,311 | €48 | -€1,263 | -96.3% |
| Recurring financial income | 75 | €1,311 | €48 | -€1,263 | -96.3% |
| Financial charges | 65/66B | €14,286 | €11,616 | -€2,670 | -18.7% |
| Recurring financial charges | 65 | €14,286 | €11,616 | -€2,670 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €122,919 | -€19,757 | -€142,676 | |
| Income taxes | 67/77 | €33,168 | €2,128 | -€31,040 | -93.6% |
| Profit (loss) for the period | 9904 | €89,751 | -€21,885 | -€111,636 | |
| Profit (loss) for the period to be appropriated | 9905 | €89,751 | -€21,885 | -€111,636 |
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.