CubeStore: 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.
CubeStore
Largest movements
- Receivables within one year +€28,744
up €28,744 (+38.4%), from €74,785 to €103,529
of which Other amounts receivable: +€15,667
- Cash -€22,449
down €22,449 (-79.7%), from €28,155 to €5,706
mainly Other debts (-€107,731) and Receivables within one year (-€28,744)
- Tangible fixed assets -€12,738
down €12,738 (-24.6%), from €51,790 to €39,052
of which Other tangible fixed assets: -€8,018
- Other debts -€107,731
down €107,731 (-72.2%), from €149,197 to €41,466
- Profit (loss) carried forward +€81,142
up €81,142, from -€72,501 to €8,641
- Accrued charges and deferred income +€28,336
up €28,336 (+12,777%), from €222 to €28,558
- Debts after one year -€15,669
down €15,669 (-84.2%), from €18,602 to €2,933
of which Financial debts: -€15,669
- Trade debts +€14,018
up €14,018 (+114%), from €12,287 to €26,305
- Gross operating margin +€65,719
up €65,719 (+30.2%), from €217,352 to €283,071
- Financial charges +€28,090
up €28,090 (+1,664%), from €1,688 to €29,778
of which Financial charges: +€27,740
- Staff costs +€6,296
up €6,296 (+4.4%), from €144,226 to €150,522
- Taxes +€5,100
new in 2025: €5,100
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 | €164,741 | €159,642 | -€5,099 | -3.1% |
| Fixed assets | 21/28 | €56,747 | €44,009 | -€12,738 | -22.4% |
| Tangible fixed assets | 22/27 | €51,790 | €39,052 | -€12,738 | -24.6% |
| Plant, machinery and equipment | 23 | €15,804 | €11,083 | -€4,720 | -29.9% |
| Other tangible fixed assets | 26 | €35,986 | €27,968 | -€8,018 | -22.3% |
| Financial fixed assets | 28 | €4,958 | €4,958 | = | 0.0% |
| Current assets | 29/58 | €107,994 | €115,633 | +€7,639 | +7.1% |
| Amounts receivable within one year | 40/41 | €74,785 | €103,529 | +€28,744 | +38.4% |
| Trade receivables | 40 | €72,428 | €85,506 | +€13,078 | +18.1% |
| Other amounts receivable | 41 | €2,356 | €18,023 | +€15,667 | +665% |
| Cash at bank and in hand | 54/58 | €28,155 | €5,706 | -€22,449 | -79.7% |
| Deferred charges and accrued income | 490/1 | €5,054 | €6,398 | +€1,344 | +26.6% |
| Total equity and liabilities | 10/49 | €164,741 | €159,642 | -€5,099 | -3.1% |
| Equity | 10/15 | -€52,096 | €29,046 | +€81,142 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,501 | €8,641 | +€81,142 | |
| Amounts payable | 17/49 | €216,837 | €130,596 | -€86,241 | -39.8% |
| Amounts payable after more than one year | 17 | €18,602 | €2,933 | -€15,669 | -84.2% |
| Financial debts | 170/4 | €18,602 | €2,933 | -€15,669 | -84.2% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €198,013 | €99,105 | -€98,908 | -50.0% |
| Current portion of amounts payable after more than one year | 42 | €16,273 | €15,669 | -€604 | -3.7% |
| Financial debts | 43 | €538 | €889 | +€351 | +65.3% |
| Credit institutions | 430/8 | €538 | €889 | +€351 | +65.3% |
| Trade debts | 44 | €12,287 | €26,305 | +€14,018 | +114% |
| Suppliers | 440/4 | €12,287 | €26,305 | +€14,018 | +114% |
| Taxes, remuneration and social security | 45 | €19,718 | €14,776 | -€4,942 | -25.1% |
| Taxes | 450/3 | €3,530 | €6 | -€3,524 | -99.8% |
| Remuneration and social security | 454/9 | €16,188 | €14,770 | -€1,418 | -8.8% |
| Other amounts payable | 47/48 | €149,197 | €41,466 | -€107,731 | -72.2% |
| Accrued charges and deferred income | 492/3 | €222 | €28,558 | +€28,336 | +12,777% |
| Remuneration, social security and pensions | 62 | €144,226 | €150,522 | +€6,296 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,898 | €12,848 | +€1,950 | +17.9% |
| Other operating charges | 640/8 | €1,374 | €498 | -€876 | -63.8% |
| Non-recurring operating charges | 66A | - | €3,360 | +€3,360 | |
| Gross operating margin | 9900 | €217,352 | €283,071 | +€65,719 | +30.2% |
| Operating profit (loss) | 9901 | €60,854 | €115,843 | +€54,989 | +90.4% |
| Financial income | 75/76B | €210 | €177 | -€33 | -15.8% |
| Recurring financial income | 75 | €210 | €177 | -€33 | -15.8% |
| Financial charges | 65/66B | €1,688 | €29,778 | +€28,090 | +1,664% |
| Recurring financial charges | 65 | €1,688 | €29,428 | +€27,740 | +1,643% |
| Non-recurring financial charges | 66B | - | €350 | +€350 | |
| Profit (loss) for the period before taxes | 9903 | €59,376 | €86,242 | +€26,866 | +45.2% |
| Income taxes | 67/77 | - | €5,100 | +€5,100 | |
| Profit (loss) for the period | 9904 | €59,376 | €81,142 | +€21,766 | +36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €59,376 | €81,142 | +€21,766 | +36.7% |
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 13 October 2026 via checked.be.