CUBEFOX: 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.
CUBEFOX
Largest movements
- Receivables within one year +€44,102
up €44,102 (+141.3%), from €31,206 to €75,308
of which Other amounts receivable: +€53,990
- Tangible fixed assets -€21,853
down €21,853 (-8.9%), from €246,889 to €225,037
of which Furniture and vehicles: -€17,496
- Intangible fixed assets -€13,570
down €13,570 (-55.5%), from €24,459 to €10,889
- Cash +€4,339
up €4,339 (+113.6%), from €3,820 to €8,159
mainly Depreciation (+€40,697) and Net result for the year (+€18,429)
- Debts after one year -€29,091
down €29,091 (-12.8%), from €227,912 to €198,821
- Reserves +€15,793
up €15,793 (+43.4%), from €36,386 to €52,179
- Current portion of long-term debt +€11,177
up €11,177 (+36.8%), from €30,380 to €41,557
- Tax, wage and social debts +€10,252
up €10,252 (+930.8%), from €1,101 to €11,353
- Gross operating margin +€41,256
up €41,256 (+143.9%), from €28,661 to €69,917
- Depreciation +€13,384
up €13,384 (+49.0%), from €27,314 to €40,697
- Taxes +€5,929
up €5,929 (+4532.2%), from €131 to €6,060
- Financial charges +€1,404
up €1,404 (+40.5%), from €3,471 to €4,876
- Financial income +€897
up €897 (+3107.1%), from €29 to €926
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 | €309,641 | €321,323 | +€11,682 | +3.8% |
| Fixed assets | 21/28 | €271,348 | €235,926 | -€35,422 | -13.1% |
| Intangible fixed assets | 21 | €24,459 | €10,889 | -€13,570 | -55.5% |
| Tangible fixed assets | 22/27 | €246,889 | €225,037 | -€21,853 | -8.9% |
| Furniture and vehicles | 24 | €77,155 | €59,659 | -€17,496 | -22.7% |
| Other tangible fixed assets | 26 | €169,735 | €165,378 | -€4,357 | -2.6% |
| Current assets | 29/58 | €38,293 | €85,397 | +€47,104 | +123.0% |
| Amounts receivable within one year | 40/41 | €31,206 | €75,308 | +€44,102 | +141.3% |
| Trade receivables | 40 | €25,921 | €16,033 | -€9,888 | -38.1% |
| Other amounts receivable | 41 | €5,286 | €59,275 | +€53,990 | +1021.5% |
| Current investments | 50/53 | €2,314 | €0 | -€2,314 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,820 | €8,159 | +€4,339 | +113.6% |
| Deferred charges and accrued income | 490/1 | €952 | €1,930 | +€978 | +102.7% |
| Total equity and liabilities | 10/49 | €309,641 | €321,323 | +€11,682 | +3.8% |
| Equity | 10/15 | €46,149 | €64,579 | +€18,429 | +39.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €36,386 | €52,179 | +€15,793 | +43.4% |
| Distributable reserves | 133 | €36,386 | €52,179 | +€15,793 | +43.4% |
| Profit (loss) carried forward | 14 | -€2,637 | €0 | +€2,637 | |
| Amounts payable | 17/49 | €263,492 | €256,744 | -€6,748 | -2.6% |
| Amounts payable after more than one year | 17 | €227,912 | €198,821 | -€29,091 | -12.8% |
| Financial debts | 170/4 | €227,912 | €198,821 | -€29,091 | -12.8% |
| Amounts payable within one year | 42/48 | €35,538 | €55,423 | +€19,885 | +56.0% |
| Current portion of amounts payable after more than one year | 42 | €30,380 | €41,557 | +€11,177 | +36.8% |
| Trade debts | 44 | €4,056 | €2,512 | -€1,544 | -38.1% |
| Suppliers | 440/4 | €4,056 | €2,512 | -€1,544 | -38.1% |
| Taxes, remuneration and social security | 45 | €1,101 | €11,353 | +€10,252 | +930.8% |
| Taxes | 450/3 | €1,101 | €11,353 | +€10,252 | +930.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €42 | €2,500 | +€2,458 | +5869.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,314 | €40,697 | +€13,384 | +49.0% |
| Other operating charges | 640/8 | €411 | €781 | +€370 | +90.0% |
| Gross operating margin | 9900 | €28,661 | €69,917 | +€41,256 | +143.9% |
| Operating profit (loss) | 9901 | €936 | €28,439 | +€27,503 | +2937.0% |
| Financial income | 75/76B | €29 | €926 | +€897 | +3107.1% |
| Recurring financial income | 75 | €29 | €926 | +€897 | +3107.1% |
| Financial charges | 65/66B | €3,471 | €4,876 | +€1,404 | +40.5% |
| Recurring financial charges | 65 | €3,471 | €4,876 | +€1,404 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,506 | €24,490 | +€26,996 | |
| Income taxes | 67/77 | €131 | €6,060 | +€5,929 | +4532.2% |
| Profit (loss) for the period | 9904 | -€2,637 | €18,429 | +€21,066 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,637 | €18,429 | +€21,066 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.