Cubit: 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.
Cubit
Largest movements
- Cash -€25,996
down €25,996 (-43.0%), from €60,490 to €34,494
mainly Contributions, distributions and other (-€82,277) and Receivables within one year (-€23,223)
- Receivables within one year +€23,223
up €23,223 (+124.6%), from €18,638 to €41,861
of which Trade receivables: +€17,291
- Tangible fixed assets -€15,699
down €15,699 (-28.8%), from €54,482 to €38,783
of which Furniture and vehicles: -€13,813
- Reserves -€22,657
down €22,657 (-22.8%), from €99,313 to €76,656
- Other debts +€4,938
up €4,938 (+8.9%), from €55,242 to €60,180
- Gross operating margin +€9,883
up €9,883 (+11.4%), from €87,066 to €96,949
- Other operating charges +€2,677
up €2,677 (+310.3%), from €862 to €3,539
- Taxes +€1,468
up €1,468 (+9.9%), from €14,812 to €16,281
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 | €165,821 | €147,646 | -€18,175 | -11.0% |
| Fixed assets | 21/28 | €54,482 | €38,783 | -€15,699 | -28.8% |
| Tangible fixed assets | 22/27 | €54,482 | €38,783 | -€15,699 | -28.8% |
| Plant, machinery and equipment | 23 | €1,369 | €935 | -€435 | -31.7% |
| Furniture and vehicles | 24 | €38,189 | €24,376 | -€13,813 | -36.2% |
| Other tangible fixed assets | 26 | €14,924 | €13,472 | -€1,452 | -9.7% |
| Current assets | 29/58 | €111,339 | €108,863 | -€2,476 | -2.2% |
| Amounts receivable within one year | 40/41 | €18,638 | €41,861 | +€23,223 | +124.6% |
| Trade receivables | 40 | €15,851 | €33,142 | +€17,291 | +109.1% |
| Other amounts receivable | 41 | €2,787 | €8,719 | +€5,932 | +212.9% |
| Current investments | 50/53 | €26,339 | €26,339 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60,490 | €34,494 | -€25,996 | -43.0% |
| Deferred charges and accrued income | 490/1 | €5,873 | €6,169 | +€296 | +5.0% |
| Total equity and liabilities | 10/49 | €165,821 | €147,646 | -€18,175 | -11.0% |
| Equity | 10/15 | €99,413 | €76,756 | -€22,657 | -22.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €99,313 | €76,656 | -€22,657 | -22.8% |
| Distributable reserves | 133 | €99,313 | €76,656 | -€22,657 | -22.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €66,408 | €70,890 | +€4,482 | +6.7% |
| Amounts payable within one year | 42/48 | €66,408 | €70,890 | +€4,482 | +6.7% |
| Financial debts | 43 | €1,774 | €1,068 | -€707 | -39.8% |
| Credit institutions | 430/8 | €1,774 | €1,068 | -€707 | -39.8% |
| Trade debts | 44 | €621 | €1,321 | +€700 | +112.9% |
| Suppliers | 440/4 | €621 | €1,321 | +€700 | +112.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €8,771 | €8,321 | -€450 | -5.1% |
| Taxes | 450/3 | €8,771 | €8,321 | -€450 | -5.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €55,242 | €60,180 | +€4,938 | +8.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,656 | €16,882 | +€225 | +1.4% |
| Other operating charges | 640/8 | €862 | €3,539 | +€2,677 | +310.3% |
| Gross operating margin | 9900 | €87,066 | €96,949 | +€9,883 | +11.4% |
| Operating profit (loss) | 9901 | €69,547 | €76,528 | +€6,981 | +10.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €70 | €627 | +€556 | +791.5% |
| Recurring financial charges | 65 | €70 | €627 | +€556 | +791.5% |
| Profit (loss) for the period before taxes | 9903 | €69,478 | €75,901 | +€6,423 | +9.2% |
| Income taxes | 67/77 | €14,812 | €16,281 | +€1,468 | +9.9% |
| Profit (loss) for the period | 9904 | €54,666 | €59,620 | +€4,955 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,666 | €59,620 | +€4,955 | +9.1% |
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 10 October 2026 via checked.be.