KUBER: 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.
KUBER
Largest movements
- Receivables within one year -€93,222
down €93,222 (-98.8%), from €94,330 to €1,107
of which Trade receivables: -€54,259
- Stocks and contracts -€7,747
down €7,747 (-54.4%), from €14,250 to €6,503
- Tangible fixed assets -€6,997
down €6,997 (-22.8%), from €30,721 to €23,724
of which Other tangible fixed assets: -€7,272
- Cash +€5,106
up €5,106 (+266.9%), from €1,913 to €7,019
mainly Receivables within one year (+€93,222) and Net result for the year (+€13,135)
- Financial fixed assets -€1,950
down €1,950 (-100.0%), from €1,950 to €0
- Accrued charges and deferred income -€60,954
down €60,954 (-98.0%), from €62,175 to €1,221
- Tax, wage and social debts -€30,218
down €30,218 (-70.3%), from €42,990 to €12,772
of which Taxes: -€29,994
- Other debts -€15,710
down €15,710 (-46.8%), from €33,539 to €17,828
- Profit (loss) carried forward +€13,135
up €13,135 (+32.6%), from -€40,229 to -€27,095
- Debts after one year -€6,678
down €6,678 (-79.5%), from €8,397 to €1,719
- Staff costs +€17,276
up €17,276 (+37.2%), from €46,489 to €63,765
- Gross operating margin +€11,274
up €11,274 (+14.3%), from €78,812 to €90,086
- Taxes +€2,500
new in 2025: €2,500
- Financial charges +€1,605
up €1,605 (+1615.3%), from €99 to €1,705
- Other operating charges +€1,270
up €1,270 (+330.4%), from €384 to €1,655
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 | €143,164 | €38,354 | -€104,810 | -73.2% |
| Fixed assets | 21/28 | €32,671 | €23,724 | -€8,947 | -27.4% |
| Tangible fixed assets | 22/27 | €30,721 | €23,724 | -€6,997 | -22.8% |
| Plant, machinery and equipment | 23 | €0 | €275 | +€275 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €30,721 | €23,449 | -€7,272 | -23.7% |
| Financial fixed assets | 28 | €1,950 | €0 | -€1,950 | -100.0% |
| Current assets | 29/58 | €110,493 | €14,630 | -€95,863 | -86.8% |
| Stocks and contracts in progress | 3 | €14,250 | €6,503 | -€7,747 | -54.4% |
| Stocks | 30/36 | €14,250 | €6,503 | -€7,747 | -54.4% |
| Amounts receivable within one year | 40/41 | €94,330 | €1,107 | -€93,222 | -98.8% |
| Trade receivables | 40 | €54,478 | €219 | -€54,259 | -99.6% |
| Other amounts receivable | 41 | €39,852 | €889 | -€38,963 | -97.8% |
| Cash at bank and in hand | 54/58 | €1,913 | €7,019 | +€5,106 | +266.9% |
| Total equity and liabilities | 10/49 | €143,164 | €38,354 | -€104,810 | -73.2% |
| Equity | 10/15 | -€22,129 | -€8,995 | +€13,135 | +59.4% |
| Contributions | 10/11 | €18,100 | €18,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,229 | -€27,095 | +€13,135 | +32.6% |
| Amounts payable | 17/49 | €165,293 | €47,348 | -€117,945 | -71.4% |
| Amounts payable after more than one year | 17 | €8,397 | €1,719 | -€6,678 | -79.5% |
| Financial debts | 170/4 | €8,397 | €1,719 | -€6,678 | -79.5% |
| Amounts payable within one year | 42/48 | €94,721 | €44,409 | -€50,313 | -53.1% |
| Current portion of amounts payable after more than one year | 42 | €9,841 | €6,218 | -€3,623 | -36.8% |
| Trade debts | 44 | €8,153 | €7,392 | -€761 | -9.3% |
| Suppliers | 440/4 | €8,153 | €7,392 | -€761 | -9.3% |
| Advances received on contracts in progress | 46 | €198 | €198 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €42,990 | €12,772 | -€30,218 | -70.3% |
| Taxes | 450/3 | €36,811 | €6,816 | -€29,994 | -81.5% |
| Remuneration and social security | 454/9 | €6,180 | €5,956 | -€224 | -3.6% |
| Other amounts payable | 47/48 | €33,539 | €17,828 | -€15,710 | -46.8% |
| Accrued charges and deferred income | 492/3 | €62,175 | €1,221 | -€60,954 | -98.0% |
| Remuneration, social security and pensions | 62 | €46,489 | €63,765 | +€17,276 | +37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,768 | €7,327 | -€441 | -5.7% |
| Other operating charges | 640/8 | €384 | €1,655 | +€1,270 | +330.4% |
| Gross operating margin | 9900 | €78,812 | €90,086 | +€11,274 | +14.3% |
| Operating profit (loss) | 9901 | €24,170 | €17,339 | -€6,831 | -28.3% |
| Financial charges | 65/66B | €99 | €1,705 | +€1,605 | +1615.3% |
| Recurring financial charges | 65 | €99 | €1,705 | +€1,605 | +1615.3% |
| Profit (loss) for the period before taxes | 9903 | €24,071 | €15,635 | -€8,436 | -35.0% |
| Income taxes | 67/77 | - | €2,500 | +€2,500 | |
| Profit (loss) for the period | 9904 | €24,071 | €13,135 | -€10,936 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,071 | €13,135 | -€10,936 | -45.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.