CubiQ: 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.
CubiQ
Largest movements
- Cash -€34,909
down €34,909 (-69.5%), from €50,238 to €15,329
mainly Contributions, distributions and other (-€23,000) and Net result for the year (-€19,317)
- Tangible fixed assets -€8,365
down €8,365 (-20.9%), from €40,042 to €31,677
- Receivables within one year +€3,440
up €3,440 (+26.3%), from €13,090 to €16,530
of which Trade receivables: +€4,970
- Deferred charges and accrued income +€2,820
up €2,820 (+142.8%), from €1,975 to €4,795
- Profit (loss) carried forward -€42,317
down €42,317 (-91.8%), from €46,086 to €3,769
- Other debts +€19,560
up €19,560 (+152.5%), from €12,827 to €32,388
- Trade debts -€8,882
down €8,882 (-89.7%), from €9,897 to €1,015
- Debts after one year -€3,780
down €3,780 (-24.7%), from €15,297 to €11,518
- Tax, wage and social debts -€1,735
down €1,735 (-30.2%), from €5,740 to €4,005
of which Remuneration and social security: -€2,800
- Gross operating margin -€35,305
down €35,305, from €26,863 to -€8,442
- Depreciation +€6,582
up €6,582 (+369.2%), from €1,783 to €8,365
- Other operating charges -€871
down €871 (-44.4%), from €1,960 to €1,089
- Taxes +€436
up €436 (+356.9%), from €122 to €558
- Financial charges +€390
up €390 (+82.8%), from €472 to €862
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 | €107,044 | €70,031 | -€37,013 | -34.6% |
| Fixed assets | 21/28 | €41,742 | €33,377 | -€8,365 | -20.0% |
| Tangible fixed assets | 22/27 | €40,042 | €31,677 | -€8,365 | -20.9% |
| Furniture and vehicles | 24 | €40,042 | €31,677 | -€8,365 | -20.9% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €65,302 | €36,654 | -€28,648 | -43.9% |
| Amounts receivable within one year | 40/41 | €13,090 | €16,530 | +€3,440 | +26.3% |
| Trade receivables | 40 | €8,518 | €13,488 | +€4,970 | +58.3% |
| Other amounts receivable | 41 | €4,571 | €3,042 | -€1,530 | -33.5% |
| Cash at bank and in hand | 54/58 | €50,238 | €15,329 | -€34,909 | -69.5% |
| Deferred charges and accrued income | 490/1 | €1,975 | €4,795 | +€2,820 | +142.8% |
| Total equity and liabilities | 10/49 | €107,044 | €70,031 | -€37,013 | -34.6% |
| Equity | 10/15 | €59,286 | €16,969 | -€42,317 | -71.4% |
| Contributions | 10/11 | €13,200 | €13,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,086 | €3,769 | -€42,317 | -91.8% |
| Amounts payable | 17/49 | €47,759 | €53,062 | +€5,304 | +11.1% |
| Amounts payable after more than one year | 17 | €15,297 | €11,518 | -€3,780 | -24.7% |
| Financial debts | 170/4 | €15,297 | €11,518 | -€3,780 | -24.7% |
| Amounts payable within one year | 42/48 | €32,462 | €41,187 | +€8,725 | +26.9% |
| Current portion of amounts payable after more than one year | 42 | €3,997 | €3,780 | -€218 | -5.4% |
| Trade debts | 44 | €9,897 | €1,015 | -€8,882 | -89.7% |
| Suppliers | 440/4 | €9,897 | €1,015 | -€8,882 | -89.7% |
| Taxes, remuneration and social security | 45 | €5,740 | €4,005 | -€1,735 | -30.2% |
| Taxes | 450/3 | €2,940 | €4,005 | +€1,065 | +36.2% |
| Remuneration and social security | 454/9 | €2,800 | - | -€2,800 | |
| Other amounts payable | 47/48 | €12,827 | €32,388 | +€19,560 | +152.5% |
| Accrued charges and deferred income | 492/3 | - | €358 | +€358 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,783 | €8,365 | +€6,582 | +369.2% |
| Other operating charges | 640/8 | €1,960 | €1,089 | -€871 | -44.4% |
| Gross operating margin | 9900 | €26,863 | -€8,442 | -€35,305 | |
| Operating profit (loss) | 9901 | €23,120 | -€17,896 | -€41,016 | |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €472 | €862 | +€390 | +82.8% |
| Recurring financial charges | 65 | €472 | €862 | +€390 | +82.8% |
| Profit (loss) for the period before taxes | 9903 | €22,654 | -€18,758 | -€41,413 | |
| Income taxes | 67/77 | €122 | €558 | +€436 | +356.9% |
| Profit (loss) for the period | 9904 | €22,532 | -€19,317 | -€41,849 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,532 | -€19,317 | -€41,849 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.