CUBALIBRE DESIGNO: what changed
Two financial 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.
CUBALIBRE DESIGNO
Largest movements
- Receivables within one year +€53,275
up €53,275 (+43.6%), from €122,133 to €175,408
of which Other amounts receivable: +€82,486
- Cash -€17,821
down €17,821 (-7.6%), from €234,107 to €216,286
mainly Receivables within one year (-€53,275) and Other debts (-€34,417)
- Tangible fixed assets -€4,052
down €4,052 (-29.3%), from €13,809 to €9,757
of which Furniture and vehicles: -€2,108
- Reserves +€69,400
up €69,400 (+25.2%), from €275,095 to €344,495
- Other debts -€34,417
down €34,417 (-58.9%), from €58,397 to €23,981
- Tax, wage and social debts -€5,284
down €5,284 (-72.5%), from €7,289 to €2,005
- Gross operating margin +€49,818
up €49,818 (+88.9%), from €56,067 to €105,885
- Taxes +€13,931
up €13,931 (+79.8%), from €17,459 to €31,390
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €370,725 | €402,145 | +€31,420 | +8.5% |
| Fixed assets | 21/28 | €13,809 | €9,757 | -€4,052 | -29.3% |
| Tangible fixed assets | 22/27 | €13,809 | €9,757 | -€4,052 | -29.3% |
| Plant, machinery and equipment | 23 | €1,978 | €1,426 | -€552 | -27.9% |
| Furniture and vehicles | 24 | €2,891 | €783 | -€2,108 | -72.9% |
| Other tangible fixed assets | 26 | €8,940 | €7,547 | -€1,392 | -15.6% |
| Current assets | 29/58 | €356,916 | €392,388 | +€35,473 | +9.9% |
| Amounts receivable within one year | 40/41 | €122,133 | €175,408 | +€53,275 | +43.6% |
| Trade receivables | 40 | €98,168 | €68,956 | -€29,211 | -29.8% |
| Other amounts receivable | 41 | €23,965 | €106,451 | +€82,486 | +344% |
| Cash at bank and in hand | 54/58 | €234,107 | €216,286 | -€17,821 | -7.6% |
| Deferred charges and accrued income | 490/1 | €676 | €695 | +€18 | +2.7% |
| Total equity and liabilities | 10/49 | €370,725 | €402,145 | +€31,420 | +8.5% |
| Equity | 10/15 | €288,064 | €357,526 | +€69,462 | +24.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €275,095 | €344,495 | +€69,400 | +25.2% |
| Distributable reserves | 133 | €275,095 | €344,495 | +€69,400 | +25.2% |
| Profit (loss) carried forward | 14 | €569 | €631 | +€62 | +10.8% |
| Amounts payable | 17/49 | €82,660 | €44,619 | -€38,041 | -46.0% |
| Amounts payable within one year | 42/48 | €82,660 | €44,619 | -€38,041 | -46.0% |
| Financial debts | 43 | €2,011 | €1,393 | -€618 | -30.7% |
| Credit institutions | 430/8 | €2,011 | €1,393 | -€618 | -30.7% |
| Trade debts | 44 | €14,963 | €17,241 | +€2,278 | +15.2% |
| Suppliers | 440/4 | €14,963 | €17,241 | +€2,278 | +15.2% |
| Taxes, remuneration and social security | 45 | €7,289 | €2,005 | -€5,284 | -72.5% |
| Taxes | 450/3 | €7,289 | €2,005 | -€5,284 | -72.5% |
| Other amounts payable | 47/48 | €58,397 | €23,981 | -€34,417 | -58.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,121 | €4,052 | -€68 | -1.7% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €56,067 | €105,885 | +€49,818 | +88.9% |
| Operating profit (loss) | 9901 | €51,562 | €101,446 | +€49,884 | +96.7% |
| Financial income | 75/76B | €50 | €0 | -€50 | -99.5% |
| Recurring financial income | 75 | €50 | €0 | -€50 | -99.5% |
| Financial charges | 65/66B | €483 | €594 | +€111 | +23.0% |
| Recurring financial charges | 65 | €483 | €594 | +€111 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €51,129 | €100,852 | +€49,723 | +97.3% |
| Income taxes | 67/77 | €17,459 | €31,390 | +€13,931 | +79.8% |
| Profit (loss) for the period | 9904 | €33,670 | €69,462 | +€35,791 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €33,670 | €69,462 | +€35,791 | +106% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.