Cuex België: 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.
Cuex België
Largest movements
- Receivables within one year -€66,741
down €66,741 (-66.3%), from €100,634 to €33,892
of which Trade receivables: -€67,652
- Cash +€20,574
up €20,574 (+1,357%), from €1,516 to €22,090
mainly Receivables within one year (+€66,741) and Net result for the year (+€20,100)
- Intangible fixed assets +€7,226
new in 2025: €7,226
- Tangible fixed assets -€1,402
down €1,402 (-76.3%), from €1,838 to €436
- Financial fixed assets -€1,191
down €1,191 (-25.3%), from €4,698 to €3,508
- Debts after one year -€37,501
down €37,501 (-42.8%), from €87,518 to €50,017
- Profit (loss) carried forward +€20,100
up €20,100, from -€18,105 to €1,995
- Trade debts -€14,670
down €14,670 (-81.4%), from €18,030 to €3,360
- Tax, wage and social debts -€9,212
down €9,212 (-44.9%), from €20,524 to €11,312
of which Remuneration and social security: -€16,425
- Staff costs -€57,314
down €57,314 (-40.0%), from €143,207 to €85,893
- Gross operating margin -€38,886
down €38,886 (-24.7%), from €157,704 to €118,818
- Taxes +€1,939
up €1,939 (+724%), from €268 to €2,207
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 | €110,466 | €69,197 | -€41,269 | -37.4% |
| Fixed assets | 21/28 | €6,536 | €11,170 | +€4,634 | +70.9% |
| Intangible fixed assets | 21 | - | €7,226 | +€7,226 | |
| Tangible fixed assets | 22/27 | €1,838 | €436 | -€1,402 | -76.3% |
| Furniture and vehicles | 24 | €1,838 | €436 | -€1,402 | -76.3% |
| Financial fixed assets | 28 | €4,698 | €3,508 | -€1,191 | -25.3% |
| Current assets | 29/58 | €103,930 | €58,027 | -€45,903 | -44.2% |
| Amounts receivable within one year | 40/41 | €100,634 | €33,892 | -€66,741 | -66.3% |
| Trade receivables | 40 | €100,631 | €32,979 | -€67,652 | -67.2% |
| Other amounts receivable | 41 | €3 | €914 | +€911 | +30,358% |
| Cash at bank and in hand | 54/58 | €1,516 | €22,090 | +€20,574 | +1,357% |
| Deferred charges and accrued income | 490/1 | €1,781 | €2,045 | +€264 | +14.8% |
| Total equity and liabilities | 10/49 | €110,466 | €69,197 | -€41,269 | -37.4% |
| Equity | 10/15 | -€15,605 | €4,495 | +€20,100 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,105 | €1,995 | +€20,100 | |
| Amounts payable | 17/49 | €126,071 | €64,702 | -€61,369 | -48.7% |
| Amounts payable after more than one year | 17 | €87,518 | €50,017 | -€37,501 | -42.8% |
| Other amounts payable | 178/9 | €87,518 | €50,017 | -€37,501 | -42.8% |
| Amounts payable within one year | 42/48 | €38,553 | €14,671 | -€23,882 | -61.9% |
| Trade debts | 44 | €18,030 | €3,360 | -€14,670 | -81.4% |
| Suppliers | 440/4 | €18,030 | €3,360 | -€14,670 | -81.4% |
| Taxes, remuneration and social security | 45 | €20,524 | €11,312 | -€9,212 | -44.9% |
| Taxes | 450/3 | €4,099 | €11,312 | +€7,213 | +176% |
| Remuneration and social security | 454/9 | €16,425 | €0 | -€16,425 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €13 | +€13 | |
| Remuneration, social security and pensions | 62 | €143,207 | €85,893 | -€57,314 | -40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €931 | €1,177 | +€246 | +26.4% |
| Other operating charges | 640/8 | €1,011 | €1,439 | +€428 | +42.3% |
| Non-recurring operating charges | 66A | - | €999 | +€999 | |
| Gross operating margin | 9900 | €157,704 | €118,818 | -€38,886 | -24.7% |
| Operating profit (loss) | 9901 | €12,555 | €29,310 | +€16,755 | +133% |
| Financial charges | 65/66B | €6,134 | €7,003 | +€869 | +14.2% |
| Recurring financial charges | 65 | €6,134 | €7,003 | +€869 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €6,421 | €22,307 | +€15,886 | +247% |
| Income taxes | 67/77 | €268 | €2,207 | +€1,939 | +724% |
| Profit (loss) for the period | 9904 | €6,153 | €20,100 | +€13,947 | +227% |
| Profit (loss) for the period to be appropriated | 9905 | €6,153 | €20,100 | +€13,947 | +227% |
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 19 October 2026 via checked.be.