ESPACE KUBE: 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.
ESPACE KUBE
Largest movements
- Receivables within one year +€15,843
up €15,843 (+66.8%), from €23,713 to €39,556
of which Other amounts receivable: +€11,420
- Cash -€13,603
down €13,603 (-99.9%), from €13,621 to €18
mainly Current portion of long-term debt (-€77,410) and Receivables within one year (-€15,843)
- Other debts +€100,324
up €100,324 (+55.5%), from €180,603 to €280,927
- Current portion of long-term debt -€77,410
no longer reported in 2025 (was €77,410)
- Profit (loss) carried forward -€10,354
down €10,354 (-4.5%), from -€228,862 to -€239,216
- Debts after one year -€6,291
no longer reported in 2025 (was €6,291)
- Trade debts -€4,431
down €4,431 (-26.5%), from €16,708 to €12,277
- Financial charges -€12,541
down €12,541 (-98.5%), from €12,733 to €192
of which Non-recurring financial charges: -€12,545
- Gross operating margin +€1,861
up €1,861 (+15.7%), from -€11,836 to -€9,974
- Other operating charges -€400
no longer reported in 2025 (was €400)
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 | €70,750 | €72,803 | +€2,053 | +2.9% |
| Fixed assets | 21/28 | €562 | €375 | -€188 | -33.3% |
| Tangible fixed assets | 22/27 | €562 | €375 | -€188 | -33.3% |
| Plant, machinery and equipment | 23 | €562 | €375 | -€188 | -33.3% |
| Current assets | 29/58 | €70,187 | €72,428 | +€2,240 | +3.2% |
| Stocks and contracts in progress | 3 | €32,853 | €32,853 | = | 0.0% |
| Stocks | 30/36 | €32,853 | €32,853 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,713 | €39,556 | +€15,843 | +66.8% |
| Trade receivables | 40 | €11,636 | €16,060 | +€4,423 | +38.0% |
| Other amounts receivable | 41 | €12,077 | €23,497 | +€11,420 | +94.6% |
| Cash at bank and in hand | 54/58 | €13,621 | €18 | -€13,603 | -99.9% |
| Total equity and liabilities | 10/49 | €70,750 | €72,803 | +€2,053 | +2.9% |
| Equity | 10/15 | -€210,262 | -€220,616 | -€10,354 | -4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€228,862 | -€239,216 | -€10,354 | -4.5% |
| Amounts payable | 17/49 | €281,012 | €293,418 | +€12,406 | +4.4% |
| Amounts payable after more than one year | 17 | €6,291 | - | -€6,291 | |
| Financial debts | 170/4 | €6,291 | - | -€6,291 | |
| Amounts payable within one year | 42/48 | €274,720 | €293,204 | +€18,484 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €77,410 | - | -€77,410 | |
| Trade debts | 44 | €16,708 | €12,277 | -€4,431 | -26.5% |
| Suppliers | 440/4 | €16,708 | €12,277 | -€4,431 | -26.5% |
| Other amounts payable | 47/48 | €180,603 | €280,927 | +€100,324 | +55.5% |
| Accrued charges and deferred income | 492/3 | - | €214 | +€214 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188 | €188 | = | 0.0% |
| Other operating charges | 640/8 | €400 | - | -€400 | |
| Gross operating margin | 9900 | -€11,836 | -€9,974 | +€1,861 | +15.7% |
| Operating profit (loss) | 9901 | -€12,423 | -€10,162 | +€2,261 | +18.2% |
| Financial charges | 65/66B | €12,733 | €192 | -€12,541 | -98.5% |
| Recurring financial charges | 65 | €188 | €192 | +€4 | +2.1% |
| Non-recurring financial charges | 66B | €12,545 | - | -€12,545 | |
| Profit (loss) for the period before taxes | 9903 | -€25,156 | -€10,354 | +€14,803 | +58.8% |
| Profit (loss) for the period | 9904 | -€25,156 | -€10,354 | +€14,803 | +58.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,156 | -€10,354 | +€14,803 | +58.8% |
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 17 October 2026 via checked.be.