CUBIHOLDING: 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.
CUBIHOLDING
Largest movements
- Receivables within one year -€62,528
down €62,528 (-33.3%), from €187,630 to €125,102
of which Other amounts receivable: -€76,779
- Deferred charges and accrued income -€45,354
down €45,354 (-50.6%), from €89,717 to €44,364
- Contributions +€99,840
up €99,840 (+14.4%), from €691,814 to €791,654
- Other debts -€86,200
down €86,200 (-45.4%), from €190,000 to €103,800
- Trade debts -€68,202
down €68,202 (-51.2%), from €133,274 to €65,072
- Reserves -€51,202
down €51,202 (-53.1%), from €96,503 to €45,301
- Financial income -€110,000
down €110,000 (-100%), from €110,000 to €0
- Gross operating margin -€70,516
down €70,516, from €53,968 to -€16,549
- Other operating charges +€7,395
up €7,395 (+1,593%), from €464 to €7,860
- Financial charges +€2,305
up €2,305 (+9.4%), from €24,488 to €26,794
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 | €1,700,984 | €1,590,185 | -€110,799 | -6.5% |
| Fixed assets | 21/28 | €1,373,750 | €1,378,750 | +€5,000 | +0.4% |
| Financial fixed assets | 28 | €1,373,750 | €1,378,750 | +€5,000 | +0.4% |
| Current assets | 29/58 | €327,234 | €211,435 | -€115,799 | -35.4% |
| Amounts receivable within one year | 40/41 | €187,630 | €125,102 | -€62,528 | -33.3% |
| Trade receivables | 40 | €108,552 | €122,802 | +€14,251 | +13.1% |
| Other amounts receivable | 41 | €79,078 | €2,299 | -€76,779 | -97.1% |
| Cash at bank and in hand | 54/58 | €49,886 | €41,969 | -€7,916 | -15.9% |
| Deferred charges and accrued income | 490/1 | €89,717 | €44,364 | -€45,354 | -50.6% |
| Total equity and liabilities | 10/49 | €1,700,984 | €1,590,185 | -€110,799 | -6.5% |
| Equity | 10/15 | €788,317 | €836,955 | +€48,638 | +6.2% |
| Contributions | 10/11 | €691,814 | €791,654 | +€99,840 | +14.4% |
| Reserves | 13 | €96,503 | €45,301 | -€51,202 | -53.1% |
| Distributable reserves | 133 | €96,503 | €45,301 | -€51,202 | -53.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €912,666 | €753,230 | -€159,437 | -17.5% |
| Amounts payable after more than one year | 17 | €525,331 | €514,634 | -€10,697 | -2.0% |
| Financial debts | 170/4 | €525,331 | €514,634 | -€10,697 | -2.0% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €387,336 | €238,596 | -€148,740 | -38.4% |
| Current portion of amounts payable after more than one year | 42 | €53,768 | €67,214 | +€13,446 | +25.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €133,274 | €65,072 | -€68,202 | -51.2% |
| Suppliers | 440/4 | €133,274 | €65,072 | -€68,202 | -51.2% |
| Taxes, remuneration and social security | 45 | €10,293 | €2,509 | -€7,784 | -75.6% |
| Taxes | 450/3 | €10,293 | €2,509 | -€7,784 | -75.6% |
| Other amounts payable | 47/48 | €190,000 | €103,800 | -€86,200 | -45.4% |
| Non-recurring operating income | 76A | - | €160 | +€160 | |
| Other operating charges | 640/8 | €464 | €7,860 | +€7,395 | +1,593% |
| Gross operating margin | 9900 | €53,968 | -€16,549 | -€70,516 | |
| Operating profit (loss) | 9901 | €53,503 | -€24,408 | -€77,912 | |
| Financial income | 75/76B | €110,000 | €0 | -€110,000 | -100% |
| Recurring financial income | 75 | €110,000 | €0 | -€110,000 | -100% |
| Financial charges | 65/66B | €24,488 | €26,794 | +€2,305 | +9.4% |
| Recurring financial charges | 65 | €24,488 | €26,794 | +€2,305 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €139,015 | -€51,202 | -€190,217 | |
| Profit (loss) for the period | 9904 | €139,015 | -€51,202 | -€190,217 | |
| Profit (loss) for the period to be appropriated | 9905 | €139,015 | -€51,202 | -€190,217 |
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.