CUBX Developments: 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.
CUBX Developments
Largest movements
- Cash -€10,027
down €10,027 (-12.9%), from €77,650 to €67,623
mainly Receivables within one year (-€8,690) and Net result for the year (-€812)
- Receivables within one year +€8,690
up €8,690 (+928%), from €936 to €9,626
of which Other amounts receivable: +€4,377
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€45,714
up €45,714, from -€45,399 to €314
- Financial charges -€612
down €612 (-89.3%), from €685 to €74
- Financial income -€480
down €480 (-89.7%), from €534 to €55
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 | €81,626 | €80,288 | -€1,338 | -1.6% |
| Fixed assets | 21/28 | €2,800 | €2,800 | = | 0.0% |
| Financial fixed assets | 28 | €2,800 | €2,800 | = | 0.0% |
| Current assets | 29/58 | €78,826 | €77,488 | -€1,338 | -1.7% |
| Amounts receivable within one year | 40/41 | €936 | €9,626 | +€8,690 | +928% |
| Trade receivables | 40 | €238 | €4,551 | +€4,313 | +1,813% |
| Other amounts receivable | 41 | €699 | €5,076 | +€4,377 | +627% |
| Cash at bank and in hand | 54/58 | €77,650 | €67,623 | -€10,027 | -12.9% |
| Deferred charges and accrued income | 490/1 | €239 | €238 | -€1 | -0.4% |
| Total equity and liabilities | 10/49 | €81,626 | €80,288 | -€1,338 | -1.6% |
| Equity | 10/15 | €81,100 | €80,288 | -€812 | -1.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€18,900 | -€19,712 | -€812 | -4.3% |
| Amounts payable | 17/49 | €526 | €0 | -€526 | -100% |
| Amounts payable within one year | 42/48 | €526 | €0 | -€526 | -100% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €123 | €0 | -€123 | -100% |
| Taxes | 450/3 | €123 | €0 | -€123 | -100% |
| Other amounts payable | 47/48 | €402 | €0 | -€402 | -100% |
| Other operating charges | 640/8 | €666 | €1,108 | +€442 | +66.3% |
| Gross operating margin | 9900 | -€45,399 | €314 | +€45,714 | |
| Operating profit (loss) | 9901 | -€46,065 | -€794 | +€45,272 | +98.3% |
| Financial income | 75/76B | €534 | €55 | -€480 | -89.7% |
| Recurring financial income | 75 | €534 | €55 | -€480 | -89.7% |
| Financial charges | 65/66B | €685 | €74 | -€612 | -89.3% |
| Recurring financial charges | 65 | €685 | €74 | -€612 | -89.3% |
| Profit (loss) for the period before taxes | 9903 | -€46,216 | -€812 | +€45,404 | +98.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€46,216 | -€812 | +€45,404 | +98.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,216 | -€812 | +€45,404 | +98.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.