Cumulex: 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.
Cumulex
Largest movements
- Cash -€3,101
down €3,101 (-96.8%), from €3,203 to €102
mainly Net result for the year (-€74,797) and Trade debts (-€5,804)
- Other debts +€77,500
up €77,500 (+3.2%), from €2.4m to €2.5m
- Profit (loss) carried forward -€74,797
down €74,797 (-1.7%), from -€4.3m to -€4.4m
- Trade debts -€5,804
down €5,804 (-19.3%), from €30,078 to €24,274
- Services and other goods +€4,239
up €4,239 (+6.0%), from €70,558 to €74,797
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 | €3,205 | €104 | -€3,101 | -96.8% |
| Fixed assets | 21/28 | €2 | €2 | = | 0.0% |
| Financial fixed assets | 28 | €2 | €2 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €2 | €2 | = | 0.0% |
| Participating interests | 282 | €1 | €1 | = | 0.0% |
| Amounts receivable | 283 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €3,203 | €102 | -€3,101 | -96.8% |
| Cash at bank and in hand | 54/58 | €3,203 | €102 | -€3,101 | -96.8% |
| Total equity and liabilities | 10/49 | €3,205 | €104 | -€3,101 | -96.8% |
| Equity | 10/15 | -€2,465,579 | -€2,540,376 | -€74,797 | -3.0% |
| Contributions | 10/11 | €1,835,000 | €1,835,000 | = | 0.0% |
| Capital | 10 | €1,835,000 | €1,835,000 | = | 0.0% |
| Issued capital | 100 | €1,835,000 | €1,835,000 | = | 0.0% |
| Reserves | 13 | €6,030 | €6,030 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,030 | €6,030 | = | 0.0% |
| Legal reserve | 130 | €6,030 | €6,030 | = | 0.0% |
| Reserves not available under the articles | 1311 | €0 | €0 | = | |
| Profit (loss) carried forward | 14 | -€4,306,609 | -€4,381,406 | -€74,797 | -1.7% |
| Amounts payable | 17/49 | €2,468,784 | €2,540,480 | +€71,696 | +2.9% |
| Amounts payable within one year | 42/48 | €2,468,784 | €2,540,480 | +€71,696 | +2.9% |
| Trade debts | 44 | €30,078 | €24,274 | -€5,804 | -19.3% |
| Suppliers | 440/4 | €30,078 | €24,274 | -€5,804 | -19.3% |
| Other amounts payable | 47/48 | €2,438,706 | €2,516,206 | +€77,500 | +3.2% |
| Operating charges | 60/66A | €70,558 | €74,797 | +€4,239 | +6.0% |
| Services and other goods | 61 | €70,558 | €74,797 | +€4,239 | +6.0% |
| Operating profit (loss) | 9901 | -€70,558 | -€74,797 | -€4,239 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€70,558 | -€74,797 | -€4,239 | -6.0% |
| Profit (loss) for the period | 9904 | -€70,558 | -€74,797 | -€4,239 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€70,558 | -€74,797 | -€4,239 | -6.0% |
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 5 October 2026 via checked.be.