KUBE Consulting: 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 Consulting
Largest movements
- Receivables within one year +€35,236
up €35,236 (+41.5%), from €84,902 to €120,138
of which Other amounts receivable: +€51,171
- Cash +€16,131
up €16,131 (+77.3%), from €20,863 to €36,994
mainly Net result for the year (+€30,891) and Other debts (+€17,400)
- Tangible fixed assets -€2,682
down €2,682 (-18.9%), from €14,185 to €11,504
of which Furniture and vehicles: -€3,932
- Other debts +€17,400
up €17,400 (+1,088%), from €1,600 to €19,000
- Trade debts +€16,841
up €16,841 (+799%), from €2,106 to €18,947
- Reserves +€11,891
up €11,891 (+9.7%), from €122,574 to €134,464
- Tax, wage and social debts +€4,040
up €4,040 (+13.1%), from €30,946 to €34,986
- Gross operating margin -€41,180
down €41,180 (-44.4%), from €92,787 to €51,607
- Taxes -€3,861
down €3,861 (-20.9%), from €18,491 to €14,630
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 | €161,226 | €211,398 | +€50,172 | +31.1% |
| Fixed assets | 21/28 | €14,185 | €11,504 | -€2,682 | -18.9% |
| Tangible fixed assets | 22/27 | €14,185 | €11,504 | -€2,682 | -18.9% |
| Land and buildings | 22 | - | €1,250 | +€1,250 | |
| Furniture and vehicles | 24 | €14,185 | €10,253 | -€3,932 | -27.7% |
| Current assets | 29/58 | €147,041 | €199,894 | +€52,853 | +35.9% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €84,902 | €120,138 | +€35,236 | +41.5% |
| Trade receivables | 40 | €36,361 | €20,425 | -€15,936 | -43.8% |
| Other amounts receivable | 41 | €48,541 | €99,712 | +€51,171 | +105% |
| Cash at bank and in hand | 54/58 | €20,863 | €36,994 | +€16,131 | +77.3% |
| Deferred charges and accrued income | 490/1 | €1,276 | €2,763 | +€1,487 | +117% |
| Total equity and liabilities | 10/49 | €161,226 | €211,398 | +€50,172 | +31.1% |
| Equity | 10/15 | €126,574 | €138,464 | +€11,891 | +9.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €122,574 | €134,464 | +€11,891 | +9.7% |
| Distributable reserves | 133 | €122,574 | €134,464 | +€11,891 | +9.7% |
| Amounts payable | 17/49 | €34,652 | €72,933 | +€38,281 | +110% |
| Amounts payable within one year | 42/48 | €34,652 | €72,933 | +€38,281 | +110% |
| Trade debts | 44 | €2,106 | €18,947 | +€16,841 | +799% |
| Suppliers | 440/4 | €2,106 | €18,947 | +€16,841 | +799% |
| Taxes, remuneration and social security | 45 | €30,946 | €34,986 | +€4,040 | +13.1% |
| Taxes | 450/3 | €30,946 | €34,986 | +€4,040 | +13.1% |
| Other amounts payable | 47/48 | €1,600 | €19,000 | +€17,400 | +1,088% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,356 | €3,987 | +€630 | +18.8% |
| Other operating charges | 640/8 | €1,561 | €1,391 | -€170 | -10.9% |
| Gross operating margin | 9900 | €92,787 | €51,607 | -€41,180 | -44.4% |
| Operating profit (loss) | 9901 | €87,869 | €46,229 | -€41,640 | -47.4% |
| Financial income | 75/76B | €2,598 | €2,265 | -€333 | -12.8% |
| Recurring financial income | 75 | €2,598 | €2,265 | -€333 | -12.8% |
| Financial charges | 65/66B | €3,452 | €2,973 | -€478 | -13.9% |
| Recurring financial charges | 65 | €3,452 | €2,973 | -€478 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €87,016 | €45,521 | -€41,495 | -47.7% |
| Income taxes | 67/77 | €18,491 | €14,630 | -€3,861 | -20.9% |
| Profit (loss) for the period | 9904 | €68,525 | €30,891 | -€37,634 | -54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €68,525 | €30,891 | -€37,634 | -54.9% |
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 22 October 2026 via checked.be.