CUBO: 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.
CUBO
Largest movements
- Cash +€21,783
up €21,783 (+881.1%), from €2,472 to €24,255
mainly Net result for the year (+€26,865) and Debts after one year (+€13,718)
- Tangible fixed assets +€12,593
up €12,593 (+49.5%), from €25,426 to €38,019
of which Furniture and vehicles: +€15,483
- Receivables within one year +€7,212
up €7,212 (+67.4%), from €10,703 to €17,914
of which Trade receivables: +€6,488
- Deferred charges and accrued income +€1,153
up €1,153 (+85.4%), from €1,350 to €2,502
- Profit (loss) carried forward +€26,865
up €26,865, from -€26,443 to €421
- Debts after one year +€13,718
up €13,718 (+79.9%), from €17,161 to €30,880
- Tax, wage and social debts +€6,054
up €6,054 (+96.9%), from €6,247 to €12,301
of which Taxes: +€6,054
- Trade debts -€3,897
down €3,897 (-73.2%), from €5,322 to €1,425
- Gross operating margin +€56,934
up €56,934, from -€5,821 to €51,113
- Other operating charges +€10,306
up €10,306 (+1154.4%), from €893 to €11,199
- Depreciation +€7,208
up €7,208 (+134.0%), from €5,381 to €12,589
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 | €40,046 | €82,786 | +€42,740 | +106.7% |
| Fixed assets | 21/28 | €25,522 | €38,115 | +€12,593 | +49.3% |
| Tangible fixed assets | 22/27 | €25,426 | €38,019 | +€12,593 | +49.5% |
| Furniture and vehicles | 24 | €7,642 | €23,125 | +€15,483 | +202.6% |
| Other tangible fixed assets | 26 | €17,784 | €14,894 | -€2,890 | -16.3% |
| Financial fixed assets | 28 | €96 | €96 | = | 0.0% |
| Current assets | 29/58 | €14,524 | €44,671 | +€30,147 | +207.6% |
| Amounts receivable within one year | 40/41 | €10,703 | €17,914 | +€7,212 | +67.4% |
| Trade receivables | 40 | €10,696 | €17,185 | +€6,488 | +60.7% |
| Other amounts receivable | 41 | €6 | €730 | +€723 | +11520.2% |
| Cash at bank and in hand | 54/58 | €2,472 | €24,255 | +€21,783 | +881.1% |
| Deferred charges and accrued income | 490/1 | €1,350 | €2,502 | +€1,153 | +85.4% |
| Total equity and liabilities | 10/49 | €40,046 | €82,786 | +€42,740 | +106.7% |
| Equity | 10/15 | €11,317 | €38,181 | +€26,865 | +237.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,160 | €19,160 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €17,300 | €17,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,443 | €421 | +€26,865 | |
| Amounts payable | 17/49 | €28,730 | €44,605 | +€15,876 | +55.3% |
| Amounts payable after more than one year | 17 | €17,161 | €30,880 | +€13,718 | +79.9% |
| Other amounts payable | 178/9 | €17,161 | €30,880 | +€13,718 | +79.9% |
| Amounts payable within one year | 42/48 | €11,568 | €13,726 | +€2,157 | +18.6% |
| Trade debts | 44 | €5,322 | €1,425 | -€3,897 | -73.2% |
| Suppliers | 440/4 | €5,322 | €1,425 | -€3,897 | -73.2% |
| Taxes, remuneration and social security | 45 | €6,247 | €12,301 | +€6,054 | +96.9% |
| Taxes | 450/3 | €4,447 | €10,501 | +€6,054 | +136.2% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,381 | €12,589 | +€7,208 | +134.0% |
| Other operating charges | 640/8 | €893 | €11,199 | +€10,306 | +1154.4% |
| Gross operating margin | 9900 | -€5,821 | €51,113 | +€56,934 | |
| Operating profit (loss) | 9901 | -€12,094 | €27,326 | +€39,420 | |
| Financial income | 75/76B | €11 | €11 | -€1 | -6.0% |
| Recurring financial income | 75 | €11 | €11 | -€1 | -6.0% |
| Financial charges | 65/66B | €247 | €267 | +€20 | +8.0% |
| Recurring financial charges | 65 | €247 | €267 | +€20 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,330 | €27,070 | +€39,400 | |
| Income taxes | 67/77 | €140 | €205 | +€66 | +47.2% |
| Profit (loss) for the period | 9904 | -€12,470 | €26,865 | +€39,334 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,470 | €26,865 | +€39,334 |
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.