CUBE STUDIO ARCHITECTURE: 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 STUDIO ARCHITECTURE
Largest movements
- Stocks and contracts -€649,014
down €649,014 (-100.0%), from €649,014 to €0
- Cash +€291,159
up €291,159 (+823.1%), from €35,375 to €326,535
mainly Stocks and contracts (+€649,014) and Advances received (+€99,174)
- Receivables within one year +€56,192
up €56,192 (+222.9%), from €25,208 to €81,400
of which Trade receivables: +€47,498
- Financial fixed assets -€27,500
down €27,500 (-100.0%), from €27,500 to €0
- Tangible fixed assets +€26,682
up €26,682 (+345.0%), from €7,734 to €34,415
of which Furniture and vehicles: +€25,044
- Debts after one year -€451,015
down €451,015 (-96.3%), from €468,266 to €17,252
- Advances received +€99,174
new in 2025: €99,174
- Profit (loss) carried forward +€82,259
up €82,259 (+46.8%), from €175,842 to €258,100
- Other debts -€32,639
down €32,639 (-86.4%), from €37,781 to €5,142
- Staff costs -€57,862
down €57,862 (-52.5%), from €110,276 to €52,414
- Financial charges -€19,692
down €19,692 (-62.5%), from €31,489 to €11,797
- Taxes +€18,645
up €18,645 (+180.3%), from €10,338 to €28,984
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 | €752,072 | €451,167 | -€300,906 | -40.0% |
| Fixed assets | 21/28 | €35,234 | €34,415 | -€818 | -2.3% |
| Tangible fixed assets | 22/27 | €7,734 | €34,415 | +€26,682 | +345.0% |
| Furniture and vehicles | 24 | €7,734 | €32,778 | +€25,044 | +323.8% |
| Other tangible fixed assets | 26 | - | €1,637 | +€1,637 | |
| Financial fixed assets | 28 | €27,500 | €0 | -€27,500 | -100.0% |
| Current assets | 29/58 | €716,839 | €416,751 | -€300,087 | -41.9% |
| Stocks and contracts in progress | 3 | €649,014 | €0 | -€649,014 | -100.0% |
| Stocks | 30/36 | €649,014 | €0 | -€649,014 | -100.0% |
| Amounts receivable within one year | 40/41 | €25,208 | €81,400 | +€56,192 | +222.9% |
| Trade receivables | 40 | €21,558 | €69,057 | +€47,498 | +220.3% |
| Other amounts receivable | 41 | €3,649 | €12,343 | +€8,694 | +238.2% |
| Cash at bank and in hand | 54/58 | €35,375 | €326,535 | +€291,159 | +823.1% |
| Deferred charges and accrued income | 490/1 | €7,242 | €8,817 | +€1,576 | +21.8% |
| Total equity and liabilities | 10/49 | €752,072 | €451,167 | -€300,906 | -40.0% |
| Equity | 10/15 | €175,843 | €258,101 | +€82,259 | +46.8% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,842 | €258,100 | +€82,259 | +46.8% |
| Amounts payable | 17/49 | €576,229 | €193,065 | -€383,164 | -66.5% |
| Amounts payable after more than one year | 17 | €468,266 | €17,252 | -€451,015 | -96.3% |
| Financial debts | 170/4 | €468,266 | €17,252 | -€451,015 | -96.3% |
| Amounts payable within one year | 42/48 | €107,963 | €175,814 | +€67,850 | +62.8% |
| Current portion of amounts payable after more than one year | 42 | €5,228 | €6,738 | +€1,510 | +28.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €37,411 | €40,778 | +€3,367 | +9.0% |
| Suppliers | 440/4 | €37,411 | €40,778 | +€3,367 | +9.0% |
| Advances received on contracts in progress | 46 | - | €99,174 | +€99,174 | |
| Taxes, remuneration and social security | 45 | €27,544 | €23,983 | -€3,561 | -12.9% |
| Taxes | 450/3 | €11,672 | €16,094 | +€4,421 | +37.9% |
| Remuneration and social security | 454/9 | €15,871 | €7,889 | -€7,983 | -50.3% |
| Other amounts payable | 47/48 | €37,781 | €5,142 | -€32,639 | -86.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €3,403 | €0 | -€3,403 | -100.0% |
| Remuneration, social security and pensions | 62 | €110,276 | €52,414 | -€57,862 | -52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,204 | €3,042 | +€838 | +38.0% |
| Other operating charges | 640/8 | €1,611 | €852 | -€759 | -47.1% |
| Non-recurring operating charges | 66A | €563 | €1,197 | +€634 | +112.5% |
| Gross operating margin | 9900 | €180,921 | €180,495 | -€426 | -0.2% |
| Operating profit (loss) | 9901 | €66,267 | €122,990 | +€56,723 | +85.6% |
| Financial income | 75/76B | €0 | €50 | +€50 | +70785.7% |
| Recurring financial income | 75 | €0 | €50 | +€50 | +70785.7% |
| Financial charges | 65/66B | €31,489 | €11,797 | -€19,692 | -62.5% |
| Recurring financial charges | 65 | €31,489 | €11,797 | -€19,692 | -62.5% |
| Profit (loss) for the period before taxes | 9903 | €34,778 | €111,242 | +€76,465 | +219.9% |
| Income taxes | 67/77 | €10,338 | €28,984 | +€18,645 | +180.3% |
| Profit (loss) for the period | 9904 | €24,439 | €82,259 | +€57,819 | +236.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,439 | €82,259 | +€57,819 | +236.6% |
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 1 October 2026 via checked.be.