CUBE Cnslt: 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.
CUBE Cnslt
Largest movements
- Stocks and contracts +€37,093
up €37,093 (+142%), from €26,070 to €63,162
- Receivables within one year +€36,764
up €36,764 (+169%), from €21,808 to €58,572
of which Trade receivables: +€34,046
- Cash -€17,697
down €17,697 (-52.0%), from €34,062 to €16,366
mainly Contributions, distributions and other (-€100,000) and Stocks and contracts (-€37,093)
- Tangible fixed assets -€3,819
down €3,819 (-10.2%), from €37,371 to €33,552
of which Plant, machinery and equipment: -€7,435
- Other debts +€111,221
up €111,221 (+822%), from €13,537 to €124,758
- Profit (loss) carried forward -€59,509
down €59,509 (-64.3%), from €92,569 to €33,061
- Gross operating margin +€5,693
up €5,693 (+10.3%), from €55,324 to €61,017
- Depreciation +€5,079
up €5,079 (+107%), from €4,740 to €9,819
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 | €119,695 | €172,491 | +€52,796 | +44.1% |
| Fixed assets | 21/28 | €37,371 | €33,552 | -€3,819 | -10.2% |
| Tangible fixed assets | 22/27 | €37,371 | €33,552 | -€3,819 | -10.2% |
| Plant, machinery and equipment | 23 | €31,047 | €23,612 | -€7,435 | -23.9% |
| Furniture and vehicles | 24 | €6,323 | €9,940 | +€3,616 | +57.2% |
| Current assets | 29/58 | €82,325 | €138,939 | +€56,615 | +68.8% |
| Stocks and contracts in progress | 3 | €26,070 | €63,162 | +€37,093 | +142% |
| Stocks | 30/36 | €26,070 | €63,162 | +€37,093 | +142% |
| Amounts receivable within one year | 40/41 | €21,808 | €58,572 | +€36,764 | +169% |
| Trade receivables | 40 | €18,568 | €52,614 | +€34,046 | +183% |
| Other amounts receivable | 41 | €3,239 | €5,958 | +€2,718 | +83.9% |
| Cash at bank and in hand | 54/58 | €34,062 | €16,366 | -€17,697 | -52.0% |
| Deferred charges and accrued income | 490/1 | €385 | €840 | +€455 | +118% |
| Total equity and liabilities | 10/49 | €119,695 | €172,491 | +€52,796 | +44.1% |
| Equity | 10/15 | €95,569 | €36,061 | -€59,509 | -62.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,569 | €33,061 | -€59,509 | -64.3% |
| Amounts payable | 17/49 | €24,126 | €136,430 | +€112,304 | +465% |
| Amounts payable within one year | 42/48 | €24,126 | €135,430 | +€111,304 | +461% |
| Trade debts | 44 | €608 | €542 | -€66 | -10.8% |
| Suppliers | 440/4 | €608 | €542 | -€66 | -10.8% |
| Taxes, remuneration and social security | 45 | €9,982 | €10,131 | +€149 | +1.5% |
| Taxes | 450/3 | €9,982 | €10,131 | +€149 | +1.5% |
| Other amounts payable | 47/48 | €13,537 | €124,758 | +€111,221 | +822% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,740 | €9,819 | +€5,079 | +107% |
| Other operating charges | 640/8 | - | €498 | +€498 | |
| Gross operating margin | 9900 | €55,324 | €61,017 | +€5,693 | +10.3% |
| Operating profit (loss) | 9901 | €50,584 | €50,700 | +€116 | +0.2% |
| Financial income | 75/76B | €5 | €12 | +€7 | +128% |
| Recurring financial income | 75 | €5 | €12 | +€7 | +128% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €50,522 | €50,640 | +€118 | +0.2% |
| Income taxes | 67/77 | €9,982 | €10,149 | +€167 | +1.7% |
| Profit (loss) for the period | 9904 | €40,540 | €40,491 | -€49 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,540 | €40,491 | -€49 | -0.1% |
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 20 October 2026 via checked.be.