CUBIXPUB: what changed
Two fiscal 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.
CUBIXPUB
Largest movements
- Tangible fixed assets -€32,142
down €32,142 (-36.4%), from €88,263 to €56,121
of which Other tangible fixed assets: -€31,352
- Cash -€6,457
down €6,457 (-63.8%), from €10,117 to €3,660
mainly Debts after one year (-€15,950) and Other debts (-€15,500)
- Debts after one year -€15,950
down €15,950 (-4.7%), from €340,247 to €324,297
of which Financial debts: -€15,950
- Other debts -€15,500
down €15,500 (-3.4%), from €452,035 to €436,535
- Profit (loss) carried forward -€9,732
down €9,732 (-1.3%), from -€745,737 to -€755,469
- Trade debts +€4,358
up €4,358, from €0 to €4,358
of which Bills of exchange payable: +€4,259
- Tax, wage and social debts -€1,933
down €1,933 (-58.2%), from €3,322 to €1,389
- Write-downs +€17,380
no longer reported in 2025 (was -€17,380)
- Gross operating margin +€8,444
up €8,444 (+49.5%), from €17,053 to €25,497
- Other operating charges -€8,050
down €8,050 (-87.2%), from €9,227 to €1,176
- Financial charges -€427
down €427 (-18.3%), from €2,337 to €1,910
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 | €100,249 | €62,061 | -€38,188 | -38.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €88,263 | €56,121 | -€32,142 | -36.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €88,263 | €56,121 | -€32,142 | -36.4% |
| Plant, machinery and equipment | 23 | €1,497 | €867 | -€630 | -42.1% |
| Furniture and vehicles | 24 | €303 | €143 | -€160 | -52.8% |
| Other tangible fixed assets | 26 | €86,463 | €55,112 | -€31,352 | -36.3% |
| Current assets | 29/58 | €11,986 | €5,940 | -€6,046 | -50.4% |
| Amounts receivable within one year | 40/41 | €1,600 | €2,005 | +€405 | +25.3% |
| Trade receivables | 40 | €1,600 | €2,005 | +€405 | +25.3% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €10,117 | €3,660 | -€6,457 | -63.8% |
| Deferred charges and accrued income | 490/1 | €268 | €275 | +€7 | +2.6% |
| Total equity and liabilities | 10/49 | €100,249 | €62,061 | -€38,188 | -38.1% |
| Equity | 10/15 | -€710,737 | -€720,469 | -€9,732 | -1.4% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€745,737 | -€755,469 | -€9,732 | -1.3% |
| Amounts payable | 17/49 | €810,986 | €782,530 | -€28,456 | -3.5% |
| Amounts payable after more than one year | 17 | €340,247 | €324,297 | -€15,950 | -4.7% |
| Financial debts | 170/4 | €40,247 | €24,297 | -€15,950 | -39.6% |
| Other amounts payable | 178/9 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €470,739 | €458,233 | -€12,506 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €15,382 | €15,950 | +€568 | +3.7% |
| Trade debts | 44 | €0 | €4,358 | +€4,358 | |
| Suppliers | 440/4 | €0 | €100 | +€100 | |
| Bills of exchange payable | 441 | - | €4,259 | +€4,259 | |
| Taxes, remuneration and social security | 45 | €3,322 | €1,389 | -€1,933 | -58.2% |
| Taxes | 450/3 | €3,322 | €1,389 | -€1,933 | -58.2% |
| Other amounts payable | 47/48 | €452,035 | €436,535 | -€15,500 | -3.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,142 | €32,142 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€17,380 | - | +€17,380 | |
| Other operating charges | 640/8 | €9,227 | €1,176 | -€8,050 | -87.2% |
| Non-recurring operating charges | 66A | €300 | - | -€300 | |
| Gross operating margin | 9900 | €17,053 | €25,497 | +€8,444 | +49.5% |
| Operating profit (loss) | 9901 | -€7,236 | -€7,822 | -€586 | -8.1% |
| Financial income | 75/76B | €61 | - | -€61 | |
| Recurring financial income | 75 | €61 | - | -€61 | |
| Financial charges | 65/66B | €2,337 | €1,910 | -€427 | -18.3% |
| Recurring financial charges | 65 | €2,337 | €1,910 | -€427 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,513 | -€9,732 | -€219 | -2.3% |
| Profit (loss) for the period | 9904 | -€9,513 | -€9,732 | -€219 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,513 | -€9,732 | -€219 | -2.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.