KUB SOLUTION: 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.
KUB SOLUTION
Largest movements
- Receivables within one year -€7,855
down €7,855 (-97.4%), from €8,068 to €213
of which Trade receivables: -€7,852
- Tangible fixed assets -€1,522
down €1,522 (-100.0%), from €1,522 to €0
- Cash +€284
new in 2025: €284
mainly Receivables within one year (+€7,855) and Other debts (+€6,386)
- Tax, wage and social debts -€8,694
down €8,694 (-87.9%), from €9,894 to €1,200
of which Remuneration and social security: -€6,466
- Other debts +€6,386
up €6,386 (+422.7%), from €1,511 to €7,897
- Debts after one year -€3,312
no longer reported in 2025 (was €3,312)
- Trade debts -€3,152
down €3,152 (-66.3%), from €4,756 to €1,603
- Current portion of long-term debt -€2,650
no longer reported in 2025 (was €2,650)
- Staff costs -€12,465
no longer reported in 2025 (was €12,465)
- Other operating charges -€6,252
no longer reported in 2025 (was €6,252)
- Gross operating margin -€6,126
down €6,126 (-67.7%), from €9,045 to €2,919
- Financial charges -€773
down €773 (-65.5%), from €1,181 to €408
- Depreciation -€639
down €639 (-96.7%), from €661 to €22
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 | €9,590 | €497 | -€9,092 | -94.8% |
| Fixed assets | 21/28 | €1,522 | €0 | -€1,522 | -100.0% |
| Tangible fixed assets | 22/27 | €1,522 | €0 | -€1,522 | -100.0% |
| Furniture and vehicles | 24 | €1,522 | €0 | -€1,522 | -100.0% |
| Current assets | 29/58 | €8,068 | €497 | -€7,571 | -93.8% |
| Amounts receivable within one year | 40/41 | €8,068 | €213 | -€7,855 | -97.4% |
| Trade receivables | 40 | €7,852 | - | -€7,852 | |
| Other amounts receivable | 41 | €216 | €213 | -€2 | -1.2% |
| Cash at bank and in hand | 54/58 | - | €284 | +€284 | |
| Total equity and liabilities | 10/49 | €9,590 | €497 | -€9,092 | -94.8% |
| Equity | 10/15 | -€12,692 | -€10,203 | +€2,489 | +19.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,692 | -€13,203 | +€2,489 | +15.9% |
| Amounts payable | 17/49 | €22,282 | €10,701 | -€11,581 | -52.0% |
| Amounts payable after more than one year | 17 | €3,312 | - | -€3,312 | |
| Financial debts | 170/4 | €3,312 | - | -€3,312 | |
| Amounts payable within one year | 42/48 | €18,970 | €10,701 | -€8,269 | -43.6% |
| Current portion of amounts payable after more than one year | 42 | €2,650 | - | -€2,650 | |
| Financial debts | 43 | €159 | - | -€159 | |
| Credit institutions | 430/8 | €159 | - | -€159 | |
| Trade debts | 44 | €4,756 | €1,603 | -€3,152 | -66.3% |
| Suppliers | 440/4 | €4,756 | €1,603 | -€3,152 | -66.3% |
| Taxes, remuneration and social security | 45 | €9,894 | €1,200 | -€8,694 | -87.9% |
| Taxes | 450/3 | €2,228 | - | -€2,228 | |
| Remuneration and social security | 454/9 | €7,666 | €1,200 | -€6,466 | -84.3% |
| Other amounts payable | 47/48 | €1,511 | €7,897 | +€6,386 | +422.7% |
| Remuneration, social security and pensions | 62 | €12,465 | - | -€12,465 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €661 | €22 | -€639 | -96.7% |
| Other operating charges | 640/8 | €6,252 | - | -€6,252 | |
| Gross operating margin | 9900 | €9,045 | €2,919 | -€6,126 | -67.7% |
| Operating profit (loss) | 9901 | -€10,333 | €2,897 | +€13,230 | |
| Financial charges | 65/66B | €1,181 | €408 | -€773 | -65.5% |
| Recurring financial charges | 65 | €1,181 | €408 | -€773 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,514 | €2,489 | +€14,003 | |
| Profit (loss) for the period | 9904 | -€11,514 | €2,489 | +€14,003 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,514 | €2,489 | +€14,003 |
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 28 September 2026 via checked.be.