KUBE BUILDING: 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.
KUBE BUILDING
Largest movements
- Receivables within one year -€26,639
down €26,639 (-42.6%), from €62,501 to €35,863
of which Other amounts receivable: -€35,211
- Tangible fixed assets -€13,774
down €13,774 (-32.4%), from €42,472 to €28,698
of which Furniture and vehicles: -€11,063
- Cash -€8,993
down €8,993 (-97.9%), from €9,186 to €193
mainly Other debts (-€29,750) and Net result for the year (-€14,041)
- Intangible fixed assets -€8,000
down €8,000 (-17.9%), from €44,647 to €36,647
- Financial fixed assets +€3,869
up €3,869 (+1,488%), from €260 to €4,129
- Other debts -€29,750
no longer reported in 2025 (was €29,750)
- Short-term financial debts +€25,260
new in 2025: €25,260
- Profit (loss) carried forward -€14,041
down €14,041 (-30.1%), from €46,589 to €32,548
- Tax, wage and social debts -€13,820
down €13,820 (-94.9%), from €14,557 to €737
- Debts after one year -€10,610
down €10,610 (-27.1%), from €39,096 to €28,486
- Gross operating margin -€7,568
down €7,568 (-34.6%), from €21,892 to €14,324
- Depreciation +€1,960
up €1,960 (+9.3%), from €21,046 to €23,006
- Other operating charges +€501
up €501 (+40.5%), from €1,237 to €1,738
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 | €160,395 | €106,752 | -€53,643 | -33.4% |
| Fixed assets | 21/28 | €87,378 | €69,473 | -€17,905 | -20.5% |
| Intangible fixed assets | 21 | €44,647 | €36,647 | -€8,000 | -17.9% |
| Tangible fixed assets | 22/27 | €42,472 | €28,698 | -€13,774 | -32.4% |
| Land and buildings | 22 | €14,221 | €12,412 | -€1,809 | -12.7% |
| Plant, machinery and equipment | 23 | €1,869 | €967 | -€903 | -48.3% |
| Furniture and vehicles | 24 | €26,382 | €15,319 | -€11,063 | -41.9% |
| Financial fixed assets | 28 | €260 | €4,129 | +€3,869 | +1,488% |
| Current assets | 29/58 | €73,017 | €37,279 | -€35,738 | -48.9% |
| Amounts receivable within one year | 40/41 | €62,501 | €35,863 | -€26,639 | -42.6% |
| Trade receivables | 40 | €5,992 | €14,563 | +€8,572 | +143% |
| Other amounts receivable | 41 | €56,510 | €21,299 | -€35,211 | -62.3% |
| Current investments | 50/53 | €214 | €43 | -€171 | -79.7% |
| Cash at bank and in hand | 54/58 | €9,186 | €193 | -€8,993 | -97.9% |
| Deferred charges and accrued income | 490/1 | €1,115 | €1,179 | +€64 | +5.7% |
| Total equity and liabilities | 10/49 | €160,395 | €106,752 | -€53,643 | -33.4% |
| Equity | 10/15 | €49,089 | €35,048 | -€14,041 | -28.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,589 | €32,548 | -€14,041 | -30.1% |
| Amounts payable | 17/49 | €111,306 | €71,704 | -€39,602 | -35.6% |
| Amounts payable after more than one year | 17 | €39,096 | €28,486 | -€10,610 | -27.1% |
| Financial debts | 170/4 | €39,096 | €28,486 | -€10,610 | -27.1% |
| Amounts payable within one year | 42/48 | €72,211 | €43,219 | -€28,992 | -40.1% |
| Current portion of amounts payable after more than one year | 42 | €13,094 | €10,610 | -€2,484 | -19.0% |
| Financial debts | 43 | - | €25,260 | +€25,260 | |
| Credit institutions | 430/8 | - | €25,260 | +€25,260 | |
| Trade debts | 44 | €14,810 | €6,612 | -€8,198 | -55.4% |
| Suppliers | 440/4 | €14,810 | €6,612 | -€8,198 | -55.4% |
| Taxes, remuneration and social security | 45 | €14,557 | €737 | -€13,820 | -94.9% |
| Taxes | 450/3 | €14,557 | €737 | -€13,820 | -94.9% |
| Other amounts payable | 47/48 | €29,750 | - | -€29,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,046 | €23,006 | +€1,960 | +9.3% |
| Other operating charges | 640/8 | €1,237 | €1,738 | +€501 | +40.5% |
| Non-recurring operating charges | 66A | €254 | - | -€254 | |
| Gross operating margin | 9900 | €21,892 | €14,324 | -€7,568 | -34.6% |
| Operating profit (loss) | 9901 | -€644 | -€10,420 | -€9,775 | -1,517% |
| Financial income | 75/76B | €36 | €10 | -€27 | -73.1% |
| Recurring financial income | 75 | €36 | €10 | -€27 | -73.1% |
| Financial charges | 65/66B | €3,423 | €3,490 | +€67 | +2.0% |
| Recurring financial charges | 65 | €3,423 | €3,490 | +€67 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,031 | -€13,900 | -€9,869 | -245% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€4,170 | -€14,041 | -€9,871 | -237% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,170 | -€14,041 | -€9,871 | -237% |
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 24 October 2026 via checked.be.