Cubus: 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.
Cubus
Largest movements
- Tangible fixed assets -€9,405
down €9,405 (-2.9%), from €325,705 to €316,300
of which Land and buildings: -€10,600
- Debts after one year -€25,222
down €25,222 (-15.9%), from €158,781 to €133,559
- Profit (loss) carried forward +€14,060
up €14,060 (+27.8%), from €50,524 to €64,584
- Other debts -€6,924
down €6,924 (-18.1%), from €38,202 to €31,277
- Gross operating margin +€10,412
up €10,412 (+33.9%), from €30,685 to €41,097
- Taxes +€2,555
up €2,555 (+102.9%), from €2,482 to €5,036
- Financial charges -€833
down €833 (-10.1%), from €8,240 to €7,407
- Depreciation +€748
up €748 (+6.6%), from €11,293 to €12,040
- Other operating charges +€522
up €522 (+25.7%), from €2,032 to €2,554
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 | €344,700 | €330,823 | -€13,877 | -4.0% |
| Fixed assets | 21/28 | €326,035 | €316,630 | -€9,405 | -2.9% |
| Tangible fixed assets | 22/27 | €325,705 | €316,300 | -€9,405 | -2.9% |
| Land and buildings | 22 | €325,705 | €315,104 | -€10,600 | -3.3% |
| Plant, machinery and equipment | 23 | - | €1,195 | +€1,195 | |
| Financial fixed assets | 28 | €330 | €330 | = | 0.0% |
| Current assets | 29/58 | €18,665 | €14,193 | -€4,471 | -24.0% |
| Amounts receivable within one year | 40/41 | €1,934 | €518 | -€1,416 | -73.2% |
| Trade receivables | 40 | €1,416 | - | -€1,416 | |
| Other amounts receivable | 41 | €518 | €518 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,731 | €13,675 | -€3,056 | -18.3% |
| Total equity and liabilities | 10/49 | €344,700 | €330,823 | -€13,877 | -4.0% |
| Equity | 10/15 | €114,984 | €129,044 | +€14,060 | +12.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,860 | €45,860 | = | 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 | €44,000 | €44,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,524 | €64,584 | +€14,060 | +27.8% |
| Amounts payable | 17/49 | €229,716 | €201,779 | -€27,937 | -12.2% |
| Amounts payable after more than one year | 17 | €158,781 | €133,559 | -€25,222 | -15.9% |
| Financial debts | 170/4 | €158,781 | €133,559 | -€25,222 | -15.9% |
| Amounts payable within one year | 42/48 | €66,870 | €61,695 | -€5,175 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €24,592 | €25,118 | +€527 | +2.1% |
| Trade debts | 44 | €705 | €669 | -€36 | -5.0% |
| Suppliers | 440/4 | €705 | €669 | -€36 | -5.0% |
| Taxes, remuneration and social security | 45 | €3,372 | €4,631 | +€1,258 | +37.3% |
| Taxes | 450/3 | €3,372 | €4,631 | +€1,258 | +37.3% |
| Other amounts payable | 47/48 | €38,202 | €31,277 | -€6,924 | -18.1% |
| Accrued charges and deferred income | 492/3 | €4,065 | €6,525 | +€2,460 | +60.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,293 | €12,040 | +€748 | +6.6% |
| Other operating charges | 640/8 | €2,032 | €2,554 | +€522 | +25.7% |
| Operating charges capitalised as restructuring costs | 649 | €0 | - | = | |
| Gross operating margin | 9900 | €30,685 | €41,097 | +€10,412 | +33.9% |
| Operating profit (loss) | 9901 | €17,360 | €26,503 | +€9,143 | +52.7% |
| Financial income | 75/76B | €144 | €1 | -€143 | -99.2% |
| Recurring financial income | 75 | €144 | €1 | -€143 | -99.2% |
| Financial charges | 65/66B | €8,240 | €7,407 | -€833 | -10.1% |
| Recurring financial charges | 65 | €8,240 | €7,407 | -€833 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €9,264 | €19,096 | +€9,833 | +106.1% |
| Income taxes | 67/77 | €2,482 | €5,036 | +€2,555 | +102.9% |
| Profit (loss) for the period | 9904 | €6,782 | €14,060 | +€7,278 | +107.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,782 | €14,060 | +€7,278 | +107.3% |
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 9 October 2026 via checked.be.