IT SO 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.
IT SO KUBE
Largest movements
- Tangible fixed assets -€3,027
down €3,027 (-79.2%), from €3,820 to €793
of which Plant, machinery and equipment: -€2,531
- Receivables within one year +€2,736
up €2,736 (+294%), from €931 to €3,668
- Cash -€1,575
down €1,575 (-44.4%), from €3,547 to €1,972
mainly Other debts (-€17,828) and Receivables within one year (-€2,736)
- Deferred charges and accrued income +€175
new in 2025: €175
- Intangible fixed assets -€85
no longer reported in 2025 (was €85)
- Profit (loss) carried forward +€18,068
up €18,068 (+82.2%), from -€21,977 to -€3,908
- Other debts -€17,828
down €17,828 (-94.4%), from €18,895 to €1,067
- Current portion of long-term debt -€2,271
no longer reported in 2025 (was €2,271)
- Accrued charges and deferred income +€1,600
up €1,600 (+400%), from €400 to €2,000
- Tax, wage and social debts -€1,401
down €1,401 (-85.3%), from €1,643 to €242
- Gross operating margin +€8,403
up €8,403 (+63.1%), from €13,325 to €21,727
- Financial charges -€533
down €533 (-78.0%), from €684 to €151
- Depreciation -€439
down €439 (-12.4%), from €3,550 to €3,112
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 | €8,383 | €6,607 | -€1,775 | -21.2% |
| Fixed assets | 21/28 | €3,905 | €793 | -€3,112 | -79.7% |
| Intangible fixed assets | 21 | €85 | - | -€85 | |
| Tangible fixed assets | 22/27 | €3,820 | €793 | -€3,027 | -79.2% |
| Plant, machinery and equipment | 23 | €2,592 | €60 | -€2,531 | -97.7% |
| Furniture and vehicles | 24 | €1,228 | €733 | -€496 | -40.4% |
| Current assets | 29/58 | €4,478 | €5,815 | +€1,337 | +29.8% |
| Amounts receivable within one year | 40/41 | €931 | €3,668 | +€2,736 | +294% |
| Trade receivables | 40 | €931 | €3,668 | +€2,736 | +294% |
| Cash at bank and in hand | 54/58 | €3,547 | €1,972 | -€1,575 | -44.4% |
| Deferred charges and accrued income | 490/1 | - | €175 | +€175 | |
| Total equity and liabilities | 10/49 | €8,383 | €6,607 | -€1,775 | -21.2% |
| Equity | 10/15 | -€16,977 | €1,092 | +€18,068 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,977 | -€3,908 | +€18,068 | +82.2% |
| Amounts payable | 17/49 | €25,359 | €5,516 | -€19,844 | -78.2% |
| Amounts payable within one year | 42/48 | €24,959 | €3,516 | -€21,444 | -85.9% |
| Current portion of amounts payable after more than one year | 42 | €2,271 | - | -€2,271 | |
| Trade debts | 44 | €2,150 | €2,206 | +€56 | +2.6% |
| Suppliers | 440/4 | €2,150 | €2,206 | +€56 | +2.6% |
| Taxes, remuneration and social security | 45 | €1,643 | €242 | -€1,401 | -85.3% |
| Taxes | 450/3 | €1,643 | €242 | -€1,401 | -85.3% |
| Other amounts payable | 47/48 | €18,895 | €1,067 | -€17,828 | -94.4% |
| Accrued charges and deferred income | 492/3 | €400 | €2,000 | +€1,600 | +400% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,550 | €3,112 | -€439 | -12.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €13,325 | €21,727 | +€8,403 | +63.1% |
| Operating profit (loss) | 9901 | €9,387 | €18,216 | +€8,829 | +94.1% |
| Financial income | 75/76B | €5 | €3 | -€2 | -42.0% |
| Recurring financial income | 75 | €5 | €3 | -€2 | -42.0% |
| Financial charges | 65/66B | €684 | €151 | -€533 | -78.0% |
| Recurring financial charges | 65 | €684 | €151 | -€533 | -78.0% |
| Profit (loss) for the period before taxes | 9903 | €8,708 | €18,068 | +€9,360 | +107% |
| Profit (loss) for the period | 9904 | €8,708 | €18,068 | +€9,360 | +107% |
| Profit (loss) for the period to be appropriated | 9905 | €8,708 | €18,068 | +€9,360 | +107% |
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 18 October 2026 via checked.be.