CUBIX CONCEPT: 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.
CUBIX CONCEPT
Largest movements
- Cash -€23,872
down €23,872 (-82.3%), from €28,992 to €5,120
mainly Trade debts (-€59,019) and Investment in fixed assets (net) (-€22,788)
- Tangible fixed assets +€18,372
up €18,372 (+448%), from €4,104 to €22,476
of which Furniture and vehicles: +€19,404
- Receivables within one year -€18,253
down €18,253 (-10.5%), from €173,647 to €155,394
of which Trade receivables: -€30,152
- Trade debts -€59,019
down €59,019 (-40.8%), from €144,809 to €85,790
- Debts after one year +€12,479
new in 2025: €12,479
- Tax, wage and social debts +€9,010
up €9,010 (+133%), from €6,787 to €15,797
of which Remuneration and social security: +€4,795
- Reserves +€7,500
up €7,500 (+23.2%), from €32,360 to €39,860
of which Distributable reserves: +€9,360
- Current portion of long-term debt +€6,695
new in 2025: €6,695
- Staff costs -€26,666
down €26,666 (-41.3%), from €64,577 to €37,911
- Gross operating margin -€15,932
down €15,932 (-22.4%), from €71,034 to €55,102
- Depreciation +€3,001
up €3,001 (+312%), from €962 to €3,963
- Taxes +€2,832
up €2,832 (+205%), from €1,382 to €4,215
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 | €209,828 | €187,334 | -€22,494 | -10.7% |
| Fixed assets | 21/28 | €4,104 | €22,928 | +€18,824 | +459% |
| Tangible fixed assets | 22/27 | €4,104 | €22,476 | +€18,372 | +448% |
| Plant, machinery and equipment | 23 | €2,914 | €1,882 | -€1,032 | -35.4% |
| Furniture and vehicles | 24 | €1,189 | €20,594 | +€19,404 | +1,631% |
| Financial fixed assets | 28 | - | €452 | +€452 | |
| Current assets | 29/58 | €205,725 | €164,406 | -€41,318 | -20.1% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €173,647 | €155,394 | -€18,253 | -10.5% |
| Trade receivables | 40 | €173,575 | €143,423 | -€30,152 | -17.4% |
| Other amounts receivable | 41 | €73 | €11,971 | +€11,898 | +16,378% |
| Cash at bank and in hand | 54/58 | €28,992 | €5,120 | -€23,872 | -82.3% |
| Deferred charges and accrued income | 490/1 | €585 | €1,392 | +€807 | +138% |
| Total equity and liabilities | 10/49 | €209,828 | €187,334 | -€22,494 | -10.7% |
| Equity | 10/15 | €54,999 | €62,910 | +€7,911 | +14.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €32,360 | €39,860 | +€7,500 | +23.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €30,500 | €39,860 | +€9,360 | +30.7% |
| Profit (loss) carried forward | 14 | €4,039 | €4,450 | +€411 | +10.2% |
| Amounts payable | 17/49 | €154,829 | €124,424 | -€30,405 | -19.6% |
| Amounts payable after more than one year | 17 | - | €12,479 | +€12,479 | |
| Financial debts | 170/4 | - | €12,479 | +€12,479 | |
| Amounts payable within one year | 42/48 | €152,762 | €111,940 | -€40,821 | -26.7% |
| Current portion of amounts payable after more than one year | 42 | - | €6,695 | +€6,695 | |
| Trade debts | 44 | €144,809 | €85,790 | -€59,019 | -40.8% |
| Suppliers | 440/4 | €144,809 | €85,790 | -€59,019 | -40.8% |
| Taxes, remuneration and social security | 45 | €6,787 | €15,797 | +€9,010 | +133% |
| Taxes | 450/3 | €1,382 | €5,597 | +€4,215 | +305% |
| Remuneration and social security | 454/9 | €5,405 | €10,200 | +€4,795 | +88.7% |
| Other amounts payable | 47/48 | €1,166 | €3,659 | +€2,493 | +214% |
| Accrued charges and deferred income | 492/3 | €2,068 | €5 | -€2,063 | -99.7% |
| Remuneration, social security and pensions | 62 | €64,577 | €37,911 | -€26,666 | -41.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €962 | €3,963 | +€3,001 | +312% |
| Other operating charges | 640/8 | €392 | €53 | -€339 | -86.5% |
| Gross operating margin | 9900 | €71,034 | €55,102 | -€15,932 | -22.4% |
| Operating profit (loss) | 9901 | €5,102 | €13,175 | +€8,072 | +158% |
| Financial income | 75/76B | €0 | €315 | +€315 | +209,867% |
| Recurring financial income | 75 | €0 | €315 | +€315 | +209,867% |
| Financial charges | 65/66B | €942 | €1,364 | +€422 | +44.8% |
| Recurring financial charges | 65 | €942 | €1,364 | +€422 | +44.8% |
| Profit (loss) for the period before taxes | 9903 | €4,161 | €12,126 | +€7,965 | +191% |
| Income taxes | 67/77 | €1,382 | €4,215 | +€2,832 | +205% |
| Profit (loss) for the period | 9904 | €2,778 | €7,911 | +€5,133 | +185% |
| Profit (loss) for the period to be appropriated | 9905 | €2,778 | €7,911 | +€5,133 | +185% |
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 24 October 2026 via checked.be.