CUBE ONE: 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.
CUBE ONE
Largest movements
- Receivables within one year +€10,236
up €10,236 (+167.3%), from €6,118 to €16,354
of which Trade receivables: +€10,624
- Cash +€1,543
up €1,543 (+15.5%), from €9,983 to €11,526
mainly Other debts (+€8,407) and Net result for the year (+€2,823)
- Tangible fixed assets -€1,321
down €1,321 (-57.5%), from €2,296 to €975
- Deferred charges and accrued income -€750
down €750 (-100.0%), from €750 to €0
- Other debts +€8,407
up €8,407 (+66.7%), from €12,609 to €21,016
- Trade debts -€3,484
down €3,484 (-8.5%), from €40,756 to €37,272
- Profit (loss) carried forward +€2,823
up €2,823 (+2.8%), from -€100,747 to -€97,924
- Tax, wage and social debts +€2,228
up €2,228 (+25.0%), from €8,905 to €11,132
of which Taxes: +€2,049
- Gross operating margin +€2,922
up €2,922 (+6.4%), from €45,518 to €48,439
- Staff costs +€1,682
up €1,682 (+4.0%), from €41,794 to €43,477
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 | €23,847 | €33,555 | +€9,708 | +40.7% |
| Fixed assets | 21/28 | €6,796 | €5,475 | -€1,321 | -19.4% |
| Tangible fixed assets | 22/27 | €2,296 | €975 | -€1,321 | -57.5% |
| Plant, machinery and equipment | 23 | €2,296 | €975 | -€1,321 | -57.5% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €17,051 | €28,080 | +€11,029 | +64.7% |
| Stocks and contracts in progress | 3 | €200 | €200 | = | 0.0% |
| Stocks | 30/36 | €200 | €200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,118 | €16,354 | +€10,236 | +167.3% |
| Trade receivables | 40 | €5,730 | €16,354 | +€10,624 | +185.4% |
| Other amounts receivable | 41 | €388 | €0 | -€388 | -100.0% |
| Cash at bank and in hand | 54/58 | €9,983 | €11,526 | +€1,543 | +15.5% |
| Deferred charges and accrued income | 490/1 | €750 | €0 | -€750 | -100.0% |
| Total equity and liabilities | 10/49 | €23,847 | €33,555 | +€9,708 | +40.7% |
| Equity | 10/15 | -€65,763 | -€62,940 | +€2,823 | +4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,384 | €16,384 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €14,524 | €14,524 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,747 | -€97,924 | +€2,823 | +2.8% |
| Amounts payable | 17/49 | €89,609 | €96,495 | +€6,885 | +7.7% |
| Amounts payable after more than one year | 17 | €27,075 | €27,075 | = | 0.0% |
| Financial debts | 170/4 | €27,075 | €27,075 | = | 0.0% |
| Amounts payable within one year | 42/48 | €62,534 | €69,420 | +€6,885 | +11.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €40,756 | €37,272 | -€3,484 | -8.5% |
| Suppliers | 440/4 | €40,756 | €37,272 | -€3,484 | -8.5% |
| Advances received on contracts in progress | 46 | €265 | €0 | -€265 | -100.0% |
| Taxes, remuneration and social security | 45 | €8,905 | €11,132 | +€2,228 | +25.0% |
| Taxes | 450/3 | €633 | €2,682 | +€2,049 | +323.8% |
| Remuneration and social security | 454/9 | €8,272 | €8,450 | +€178 | +2.2% |
| Other amounts payable | 47/48 | €12,609 | €21,016 | +€8,407 | +66.7% |
| Remuneration, social security and pensions | 62 | €41,794 | €43,477 | +€1,682 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,321 | €1,321 | +€0 | 0.0% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €45,518 | €48,439 | +€2,922 | +6.4% |
| Operating profit (loss) | 9901 | €1,889 | €3,114 | +€1,225 | +64.8% |
| Financial income | 75/76B | €264 | €0 | -€264 | -100.0% |
| Recurring financial income | 75 | €264 | €0 | -€264 | -100.0% |
| Financial charges | 65/66B | €442 | €291 | -€152 | -34.3% |
| Recurring financial charges | 65 | €442 | €291 | -€152 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €1,711 | €2,823 | +€1,112 | +65.0% |
| Profit (loss) for the period | 9904 | €1,711 | €2,823 | +€1,112 | +65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,711 | €2,823 | +€1,112 | +65.0% |
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 6 October 2026 via checked.be.