CUNE: 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.
CUNE
Largest movements
- Receivables within one year -€9,821
down €9,821 (-33.3%), from €29,457 to €19,636
of which Other amounts receivable: -€7,350
- Cash +€7,017
up €7,017 (+40.3%), from €17,430 to €24,447
mainly Receivables within one year (+€9,821) and Net result for the year (+€7,181)
- Tangible fixed assets +€5,441
new in 2025: €5,441
- Deferred charges and accrued income +€5,352
up €5,352 (+144.5%), from €3,703 to €9,055
- Other debts +€5,000
up €5,000 (+100.0%), from €5,000 to €10,000
- Current portion of long-term debt +€3,736
new in 2025: €3,736
- Reserves -€2,000
down €2,000 (-5.4%), from €36,875 to €34,875
- Debts after one year +€1,286
new in 2025: €1,286
- Profit (loss) carried forward -€819
down €819 (-80.5%), from €1,017 to €198
- Gross operating margin +€6,848
up €6,848 (+162.7%), from €4,210 to €11,058
- Taxes +€786
up €786 (+54.8%), from €1,433 to €2,219
- Depreciation +€777
new in 2025: €777
- Financial income -€113
down €113 (-9.1%), from €1,249 to €1,136
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 | €50,831 | €58,579 | +€7,748 | +15.2% |
| Fixed assets | 21/28 | €240 | €5,441 | +€5,201 | +2167.0% |
| Tangible fixed assets | 22/27 | - | €5,441 | +€5,441 | |
| Furniture and vehicles | 24 | - | €5,441 | +€5,441 | |
| Financial fixed assets | 28 | €240 | - | -€240 | |
| Current assets | 29/58 | €50,591 | €53,138 | +€2,548 | +5.0% |
| Amounts receivable within one year | 40/41 | €29,457 | €19,636 | -€9,821 | -33.3% |
| Trade receivables | 40 | €9,074 | €6,603 | -€2,471 | -27.2% |
| Other amounts receivable | 41 | €20,383 | €13,033 | -€7,350 | -36.1% |
| Cash at bank and in hand | 54/58 | €17,430 | €24,447 | +€7,017 | +40.3% |
| Deferred charges and accrued income | 490/1 | €3,703 | €9,055 | +€5,352 | +144.5% |
| Total equity and liabilities | 10/49 | €50,831 | €58,579 | +€7,748 | +15.2% |
| Equity | 10/15 | €44,142 | €41,323 | -€2,819 | -6.4% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €36,875 | €34,875 | -€2,000 | -5.4% |
| Distributable reserves | 133 | €36,875 | €34,875 | -€2,000 | -5.4% |
| Profit (loss) carried forward | 14 | €1,017 | €198 | -€819 | -80.5% |
| Amounts payable | 17/49 | €6,688 | €17,256 | +€10,567 | +158.0% |
| Amounts payable after more than one year | 17 | - | €1,286 | +€1,286 | |
| Financial debts | 170/4 | - | €1,286 | +€1,286 | |
| Amounts payable within one year | 42/48 | €6,688 | €15,969 | +€9,281 | +138.8% |
| Current portion of amounts payable after more than one year | 42 | - | €3,736 | +€3,736 | |
| Financial debts | 43 | - | €500 | +€500 | |
| Credit institutions | 430/8 | - | €500 | +€500 | |
| Trade debts | 44 | €532 | €639 | +€106 | +19.9% |
| Suppliers | 440/4 | €532 | €639 | +€106 | +19.9% |
| Taxes, remuneration and social security | 45 | €1,156 | €1,095 | -€61 | -5.3% |
| Taxes | 450/3 | €1,156 | €1,095 | -€61 | -5.3% |
| Other amounts payable | 47/48 | €5,000 | €10,000 | +€5,000 | +100.0% |
| Non-recurring operating income | 76A | - | €7,400 | +€7,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €777 | +€777 | |
| Other operating charges | 640/8 | €1,475 | €1,488 | +€12 | +0.8% |
| Gross operating margin | 9900 | €4,210 | €11,058 | +€6,848 | +162.7% |
| Operating profit (loss) | 9901 | €2,735 | €8,793 | +€6,059 | +221.6% |
| Financial income | 75/76B | €1,249 | €1,136 | -€113 | -9.1% |
| Recurring financial income | 75 | €1,249 | €1,136 | -€113 | -9.1% |
| Financial charges | 65/66B | €517 | €529 | +€12 | +2.4% |
| Recurring financial charges | 65 | €517 | €529 | +€12 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €3,467 | €9,400 | +€5,933 | +171.2% |
| Income taxes | 67/77 | €1,433 | €2,219 | +€786 | +54.8% |
| Profit (loss) for the period | 9904 | €2,034 | €7,181 | +€5,147 | +253.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,034 | €7,181 | +€5,147 | +253.1% |
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 29 September 2026 via checked.be.