CUBBE: 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.
CUBBE
Largest movements
- Cash +€24,428
up €24,428 (+256%), from €9,553 to €33,981
mainly Net result for the year (+€28,870) and Other debts (+€10,000)
- Stocks and contracts +€7,061
up €7,061 (+299%), from €2,364 to €9,425
- Receivables within one year -€6,514
down €6,514 (-94.5%), from €6,890 to €376
- Financial fixed assets +€3,510
new in 2025: €3,510
- Tangible fixed assets +€2,135
new in 2025: €2,135
- Reserves +€18,870
up €18,870 (+300%), from €6,297 to €25,167
- Other debts +€10,000
new in 2025: €10,000
- Tax, wage and social debts +€5,394
up €5,394 (+191%), from €2,828 to €8,223
- Accrued charges and deferred income -€1,514
no longer reported in 2025 (was €1,514)
- Gross operating margin +€31,801
up €31,801 (+394%), from €8,076 to €39,876
- Taxes +€5,935
up €5,935 (+351%), from €1,692 to €7,627
- Write-downs +€1,670
new in 2025: €1,670
- Financial charges +€1,190
up €1,190 (+1,385%), from €86 to €1,276
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.
Derived cash bridge
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 | €18,826 | €51,191 | +€32,365 | +172% |
| Fixed assets | 21/28 | - | €5,645 | +€5,645 | |
| Tangible fixed assets | 22/27 | - | €2,135 | +€2,135 | |
| Furniture and vehicles | 24 | - | €2,135 | +€2,135 | |
| Financial fixed assets | 28 | - | €3,510 | +€3,510 | |
| Current assets | 29/58 | €18,826 | €45,545 | +€26,720 | +142% |
| Stocks and contracts in progress | 3 | €2,364 | €9,425 | +€7,061 | +299% |
| Stocks | 30/36 | €2,364 | €9,425 | +€7,061 | +299% |
| Amounts receivable within one year | 40/41 | €6,890 | €376 | -€6,514 | -94.5% |
| Trade receivables | 40 | €6,890 | €376 | -€6,514 | -94.5% |
| Cash at bank and in hand | 54/58 | €9,553 | €33,981 | +€24,428 | +256% |
| Deferred charges and accrued income | 490/1 | €19 | €1,764 | +€1,744 | +9,047% |
| Total equity and liabilities | 10/49 | €18,826 | €51,191 | +€32,365 | +172% |
| Equity | 10/15 | €11,297 | €30,167 | +€18,870 | +167% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,297 | €25,167 | +€18,870 | +300% |
| Distributable reserves | 133 | €6,297 | €25,167 | +€18,870 | +300% |
| Amounts payable | 17/49 | €7,528 | €21,023 | +€13,495 | +179% |
| Amounts payable within one year | 42/48 | €6,015 | €21,023 | +€15,009 | +250% |
| Trade debts | 44 | €3,186 | €2,801 | -€386 | -12.1% |
| Suppliers | 440/4 | €3,186 | €2,801 | -€386 | -12.1% |
| Taxes, remuneration and social security | 45 | €2,828 | €8,223 | +€5,394 | +191% |
| Taxes | 450/3 | €2,828 | €8,223 | +€5,394 | +191% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Accrued charges and deferred income | 492/3 | €1,514 | - | -€1,514 | |
| Remuneration, social security and pensions | 62 | - | €128 | +€128 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €261 | +€261 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,670 | +€1,670 | |
| Other operating charges | 640/8 | - | €43 | +€43 | |
| Gross operating margin | 9900 | €8,076 | €39,876 | +€31,801 | +394% |
| Operating profit (loss) | 9901 | €8,076 | €37,773 | +€29,698 | +368% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €86 | €1,276 | +€1,190 | +1,385% |
| Recurring financial charges | 65 | €86 | €1,276 | +€1,190 | +1,385% |
| Profit (loss) for the period before taxes | 9903 | €7,990 | €36,497 | +€28,507 | +357% |
| Income taxes | 67/77 | €1,692 | €7,627 | +€5,935 | +351% |
| Profit (loss) for the period | 9904 | €6,297 | €28,870 | +€22,573 | +358% |
| Profit (loss) for the period to be appropriated | 9905 | €6,297 | €28,870 | +€22,573 | +358% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.