CUBITO: 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.
CUBITO
Largest movements
- Receivables within one year +€8,914
up €8,914 (+26.6%), from €33,493 to €42,407
of which Trade receivables: +€12,730
- Cash +€2,587
up €2,587 (+46.8%), from €5,529 to €8,116
mainly Trade debts (+€14,884) and Net result for the year (+€10,165)
- Trade debts +€14,884
up €14,884 (+122.0%), from €12,198 to €27,083
- Other debts -€14,433
down €14,433 (-91.5%), from €15,768 to €1,334
- Reserves +€10,000
up €10,000 (+200.0%), from €5,000 to €15,000
- Tax, wage and social debts +€674
up €674 (+37.9%), from €1,778 to €2,453
- Gross operating margin +€2,768
up €2,768 (+20.0%), from €13,836 to €16,603
- Taxes +€674
up €674 (+17.8%), from €3,778 to €4,453
- Depreciation -€505
down €505 (-29.0%), from €1,742 to €1,238
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 | €42,179 | €53,470 | +€11,291 | +26.8% |
| Fixed assets | 21/28 | €2,660 | €2,442 | -€218 | -8.2% |
| Tangible fixed assets | 22/27 | €2,660 | €2,442 | -€218 | -8.2% |
| Plant, machinery and equipment | 23 | €1,114 | €729 | -€385 | -34.6% |
| Furniture and vehicles | 24 | €1,546 | €1,713 | +€168 | +10.8% |
| Current assets | 29/58 | €39,520 | €51,028 | +€11,508 | +29.1% |
| Amounts receivable within one year | 40/41 | €33,493 | €42,407 | +€8,914 | +26.6% |
| Trade receivables | 40 | €28,971 | €41,702 | +€12,730 | +43.9% |
| Other amounts receivable | 41 | €4,522 | €706 | -€3,816 | -84.4% |
| Cash at bank and in hand | 54/58 | €5,529 | €8,116 | +€2,587 | +46.8% |
| Deferred charges and accrued income | 490/1 | €497 | €505 | +€8 | +1.6% |
| Total equity and liabilities | 10/49 | €42,179 | €53,470 | +€11,291 | +26.8% |
| Equity | 10/15 | €12,435 | €22,600 | +€10,165 | +81.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,000 | €15,000 | +€10,000 | +200.0% |
| Distributable reserves | 133 | €5,000 | €15,000 | +€10,000 | +200.0% |
| Profit (loss) carried forward | 14 | €1,235 | €1,400 | +€165 | +13.4% |
| Amounts payable | 17/49 | €29,744 | €30,870 | +€1,125 | +3.8% |
| Amounts payable within one year | 42/48 | €29,744 | €30,870 | +€1,125 | +3.8% |
| Trade debts | 44 | €12,198 | €27,083 | +€14,884 | +122.0% |
| Suppliers | 440/4 | €12,198 | €27,083 | +€14,884 | +122.0% |
| Taxes, remuneration and social security | 45 | €1,778 | €2,453 | +€674 | +37.9% |
| Taxes | 450/3 | €1,778 | €2,453 | +€674 | +37.9% |
| Other amounts payable | 47/48 | €15,768 | €1,334 | -€14,433 | -91.5% |
| Non-recurring operating income | 76A | €1,036 | €4 | -€1,032 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,742 | €1,238 | -€505 | -29.0% |
| Other operating charges | 640/8 | €536 | €636 | +€100 | +18.7% |
| Gross operating margin | 9900 | €13,836 | €16,603 | +€2,768 | +20.0% |
| Operating profit (loss) | 9901 | €11,557 | €14,730 | +€3,172 | +27.4% |
| Financial income | 75/76B | €46 | €4 | -€42 | -91.3% |
| Recurring financial income | 75 | €46 | €4 | -€42 | -91.3% |
| Financial charges | 65/66B | €59 | €116 | +€57 | +97.4% |
| Recurring financial charges | 65 | €59 | €116 | +€57 | +97.4% |
| Profit (loss) for the period before taxes | 9903 | €11,544 | €14,618 | +€3,074 | +26.6% |
| Income taxes | 67/77 | €3,778 | €4,453 | +€674 | +17.8% |
| Profit (loss) for the period | 9904 | €7,766 | €10,165 | +€2,399 | +30.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,766 | €10,165 | +€2,399 | +30.9% |
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 12 October 2026 via checked.be.