CUBIC3: 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.
CUBIC3
Largest movements
- Cash +€131,389
up €131,389 (+2206.8%), from €5,954 to €137,343
mainly Other debts (+€205,558) and Debts after one year (+€1,503)
- Stocks and contracts +€32,704
up €32,704 (+17.0%), from €192,269 to €224,972
- Receivables within one year +€20,911
up €20,911 (+2983.3%), from €701 to €21,612
of which Other amounts receivable: +€20,289
- Other debts +€205,558
up €205,558 (+234.9%), from €87,505 to €293,063
- Trade debts -€12,990
no longer reported in 2025 (was €12,990)
- Profit (loss) carried forward -€9,240
down €9,240 (-3.6%), from -€254,549 to -€263,789
- Financial charges +€3,038
up €3,038 (+190.4%), from €1,596 to €4,634
- Gross operating margin -€1,260
down €1,260 (-44.5%), from -€2,833 to -€4,092
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 | €199,197 | €384,124 | +€184,927 | +92.8% |
| Current assets | 29/58 | €199,197 | €384,124 | +€184,927 | +92.8% |
| Stocks and contracts in progress | 3 | €192,269 | €224,972 | +€32,704 | +17.0% |
| Stocks | 30/36 | €192,269 | €224,972 | +€32,704 | +17.0% |
| Amounts receivable within one year | 40/41 | €701 | €21,612 | +€20,911 | +2983.3% |
| Trade receivables | 40 | - | €623 | +€623 | |
| Other amounts receivable | 41 | €701 | €20,990 | +€20,289 | +2894.5% |
| Cash at bank and in hand | 54/58 | €5,954 | €137,343 | +€131,389 | +2206.8% |
| Deferred charges and accrued income | 490/1 | €274 | €197 | -€77 | -28.0% |
| Total equity and liabilities | 10/49 | €199,197 | €384,124 | +€184,927 | +92.8% |
| Equity | 10/15 | €72,148 | €62,908 | -€9,240 | -12.8% |
| Contributions | 10/11 | €33,533 | €33,533 | = | 0.0% |
| Reserves | 13 | €293,164 | €293,164 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,353 | €3,353 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,353 | €3,353 | = | 0.0% |
| Tax-exempt reserves | 132 | €112,268 | €112,268 | = | 0.0% |
| Distributable reserves | 133 | €177,543 | €177,543 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€254,549 | -€263,789 | -€9,240 | -3.6% |
| Amounts payable | 17/49 | €127,049 | €321,216 | +€194,167 | +152.8% |
| Amounts payable after more than one year | 17 | €25,051 | €26,554 | +€1,503 | +6.0% |
| Financial debts | 170/4 | €25,051 | €26,554 | +€1,503 | +6.0% |
| Amounts payable within one year | 42/48 | €100,495 | €293,069 | +€192,574 | +191.6% |
| Trade debts | 44 | €12,990 | - | -€12,990 | |
| Suppliers | 440/4 | €12,990 | - | -€12,990 | |
| Taxes, remuneration and social security | 45 | - | €6 | +€6 | |
| Taxes | 450/3 | - | €6 | +€6 | |
| Other amounts payable | 47/48 | €87,505 | €293,063 | +€205,558 | +234.9% |
| Accrued charges and deferred income | 492/3 | €1,503 | €1,593 | +€90 | +6.0% |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€2,833 | -€4,092 | -€1,260 | -44.5% |
| Operating profit (loss) | 9901 | -€3,332 | -€4,606 | -€1,274 | -38.2% |
| Financial charges | 65/66B | €1,596 | €4,634 | +€3,038 | +190.4% |
| Recurring financial charges | 65 | €1,596 | €4,634 | +€3,038 | +190.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,928 | -€9,240 | -€4,312 | -87.5% |
| Profit (loss) for the period | 9904 | -€4,928 | -€9,240 | -€4,312 | -87.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,928 | -€9,240 | -€4,312 | -87.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.