CUBE ZERO: 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 ZERO
Largest movements
- Cash +€14,667
up €14,667 (+51.6%), from €28,439 to €43,105
mainly Net result for the year (+€22,363) and Depreciation (+€7,506)
- Tangible fixed assets -€7,506
down €7,506 (-42.0%), from €17,884 to €10,378
of which Other tangible fixed assets: -€4,079
- Receivables within one year +€5,176
up €5,176 (+73.0%), from €7,091 to €12,268
of which Other amounts receivable: +€4,047
- Profit (loss) carried forward +€22,363
up €22,363 (+49.6%), from -€45,045 to -€22,682
- Trade debts -€11,783
down €11,783 (-29.8%), from €39,557 to €27,774
- Debts after one year +€6,251
up €6,251 (+21.1%), from €29,645 to €35,896
- Current portion of long-term debt -€5,508
down €5,508 (-100%), from €5,508 to €0
- Other debts +€919
up €919 (+15.3%), from €6,000 to €6,919
- Gross operating margin -€20,186
down €20,186 (-34.3%), from €58,826 to €38,640
- Staff costs -€1,176
down €1,176 (-13.5%), from €8,739 to €7,563
- Financial income -€746
down €746 (-93.4%), from €799 to €53
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 | €59,114 | €71,451 | +€12,337 | +20.9% |
| Fixed assets | 21/28 | €23,584 | €16,078 | -€7,506 | -31.8% |
| Tangible fixed assets | 22/27 | €17,884 | €10,378 | -€7,506 | -42.0% |
| Plant, machinery and equipment | 23 | €5,647 | €2,220 | -€3,427 | -60.7% |
| Other tangible fixed assets | 26 | €12,236 | €8,158 | -€4,079 | -33.3% |
| Financial fixed assets | 28 | €5,700 | €5,700 | = | 0.0% |
| Current assets | 29/58 | €35,530 | €55,373 | +€19,843 | +55.8% |
| Amounts receivable within one year | 40/41 | €7,091 | €12,268 | +€5,176 | +73.0% |
| Trade receivables | 40 | €7,039 | €8,168 | +€1,129 | +16.0% |
| Other amounts receivable | 41 | €53 | €4,100 | +€4,047 | +7,709% |
| Cash at bank and in hand | 54/58 | €28,439 | €43,105 | +€14,667 | +51.6% |
| Total equity and liabilities | 10/49 | €59,114 | €71,451 | +€12,337 | +20.9% |
| Equity | 10/15 | -€23,285 | -€922 | +€22,363 | +96.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,160 | €3,160 | = | 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 | €1,300 | €1,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,045 | -€22,682 | +€22,363 | +49.6% |
| Amounts payable | 17/49 | €82,399 | €72,373 | -€10,026 | -12.2% |
| Amounts payable after more than one year | 17 | €29,645 | €35,896 | +€6,251 | +21.1% |
| Financial debts | 170/4 | €29,645 | €35,896 | +€6,251 | +21.1% |
| Amounts payable within one year | 42/48 | €51,754 | €35,477 | -€16,277 | -31.5% |
| Current portion of amounts payable after more than one year | 42 | €5,508 | €0 | -€5,508 | -100% |
| Trade debts | 44 | €39,557 | €27,774 | -€11,783 | -29.8% |
| Suppliers | 440/4 | €39,557 | €27,774 | -€11,783 | -29.8% |
| Taxes, remuneration and social security | 45 | €689 | €783 | +€94 | +13.7% |
| Taxes | 450/3 | €450 | €0 | -€450 | -100% |
| Remuneration and social security | 454/9 | €239 | €783 | +€545 | +228% |
| Other amounts payable | 47/48 | €6,000 | €6,919 | +€919 | +15.3% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €8,739 | €7,563 | -€1,176 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,506 | €7,506 | = | 0.0% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €58,826 | €38,640 | -€20,186 | -34.3% |
| Operating profit (loss) | 9901 | €42,053 | €23,027 | -€19,026 | -45.2% |
| Financial income | 75/76B | €799 | €53 | -€746 | -93.4% |
| Recurring financial income | 75 | €799 | €53 | -€746 | -93.4% |
| Financial charges | 65/66B | €1,161 | €717 | -€444 | -38.2% |
| Recurring financial charges | 65 | €1,161 | €717 | -€444 | -38.2% |
| Profit (loss) for the period before taxes | 9903 | €41,691 | €22,363 | -€19,327 | -46.4% |
| Profit (loss) for the period | 9904 | €41,691 | €22,363 | -€19,327 | -46.4% |
| Profit (loss) for the period to be appropriated | 9905 | €41,691 | €22,363 | -€19,327 | -46.4% |
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 14 October 2026 via checked.be.