CUBI-Q: 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.
CUBI-Q
Largest movements
- Receivables within one year +€36,721
up €36,721 (+22.6%), from €162,364 to €199,085
of which Trade receivables: +€36,996
- Tangible fixed assets +€3,498
new in 2024: €3,498
- Trade debts +€25,206
up €25,206 (+21.0%), from €120,085 to €145,291
- Profit (loss) carried forward +€9,615
up €9,615 (+96.9%), from €9,927 to €19,542
- Tax, wage and social debts +€4,678
up €4,678 (+18.3%), from €25,629 to €30,308
of which Remuneration and social security: +€4,861
- Turnover +€782,646
up €782,646 (+392.7%), from €199,306 to €981,953
- Purchases and services +€645,145
up €645,145 (+343.7%), from €187,679 to €832,823
- Gross operating margin +€137,502
up €137,502 (+1182.6%), from €11,627 to €149,129
- Staff costs +€132,599
up €132,599 (+3806.3%), from €3,484 to €136,083
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €162,364 | €202,892 | +€40,528 | +25.0% |
| Fixed assets | 21/28 | - | €3,498 | +€3,498 | |
| Tangible fixed assets | 22/27 | - | €3,498 | +€3,498 | |
| Furniture and vehicles | 24 | - | €3,498 | +€3,498 | |
| Current assets | 29/58 | €162,364 | €199,394 | +€37,030 | +22.8% |
| Amounts receivable within one year | 40/41 | €162,364 | €199,085 | +€36,721 | +22.6% |
| Trade receivables | 40 | €153,261 | €190,257 | +€36,996 | +24.1% |
| Other amounts receivable | 41 | €9,103 | €8,827 | -€275 | -3.0% |
| Cash at bank and in hand | 54/58 | - | €310 | +€310 | |
| Total equity and liabilities | 10/49 | €162,364 | €202,892 | +€40,528 | +25.0% |
| Equity | 10/15 | €16,649 | €27,293 | +€10,644 | +63.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €522 | €1,551 | +€1,029 | +196.9% |
| Non-distributable reserves | 130/1 | €522 | €1,551 | +€1,029 | +196.9% |
| Reserves not available under the articles | 1311 | €522 | €1,551 | +€1,029 | +196.9% |
| Profit (loss) carried forward | 14 | €9,927 | €19,542 | +€9,615 | +96.9% |
| Amounts payable | 17/49 | €145,715 | €175,599 | +€29,884 | +20.5% |
| Amounts payable within one year | 42/48 | €145,715 | €175,599 | +€29,884 | +20.5% |
| Trade debts | 44 | €120,085 | €145,291 | +€25,206 | +21.0% |
| Suppliers | 440/4 | €120,085 | €145,291 | +€25,206 | +21.0% |
| Taxes, remuneration and social security | 45 | €25,629 | €30,308 | +€4,678 | +18.3% |
| Taxes | 450/3 | €15,640 | €15,458 | -€182 | -1.2% |
| Remuneration and social security | 454/9 | €9,989 | €14,850 | +€4,861 | +48.7% |
| Turnover | 70 | €199,306 | €981,953 | +€782,646 | +392.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €187,679 | €832,823 | +€645,145 | +343.7% |
| Remuneration, social security and pensions | 62 | €3,484 | €136,083 | +€132,599 | +3806.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €738 | +€738 | |
| Other operating charges | 640/8 | €374 | €784 | +€409 | +109.5% |
| Gross operating margin | 9900 | €11,627 | €149,129 | +€137,502 | +1182.6% |
| Operating profit (loss) | 9901 | €7,769 | €11,524 | +€3,755 | +48.3% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €94 | €335 | +€241 | +256.4% |
| Recurring financial charges | 65 | €94 | €335 | +€241 | +256.4% |
| Profit (loss) for the period before taxes | 9903 | €7,676 | €11,200 | +€3,524 | +45.9% |
| Income taxes | 67/77 | - | €556 | +€556 | |
| Profit (loss) for the period | 9904 | €7,676 | €10,644 | +€2,968 | +38.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,676 | €10,644 | +€2,968 | +38.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.