KUBERA 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.
KUBERA CONSULTING
Largest movements
- Receivables within one year +€51,570
up €51,570 (+21.4%), from €240,788 to €292,358
of which Other amounts receivable: +€56,507
- Tangible fixed assets -€36,869
down €36,869 (-11.2%), from €328,053 to €291,183
of which Land and buildings: -€38,238
- Cash +€25,279
up €25,279 (+4,712%), from €537 to €25,816
mainly Depreciation (+€39,506) and Net result for the year (+€38,789)
- Deferred charges and accrued income +€12,291
up €12,291 (+267%), from €4,603 to €16,894
- Reserves +€38,789
up €38,789 (+8.4%), from €461,096 to €499,886
of which Distributable reserves: +€40,609
- Debts after one year -€18,704
down €18,704 (-46.1%), from €40,572 to €21,868
of which Financial debts: -€20,854
- Trade debts +€11,636
up €11,636 (+166%), from €6,989 to €18,625
- Tax, wage and social debts +€10,030
up €10,030 (+24.9%), from €40,337 to €50,367
- Short-term financial debts +€10,000
new in 2025: €10,000
- Gross operating margin +€27,256
up €27,256 (+25.6%), from €106,440 to €133,696
- Other operating charges +€11,872
up €11,872 (+60.0%), from €19,783 to €31,655
- Taxes +€5,215
up €5,215 (+38.7%), from €13,461 to €18,676
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 | €596,642 | €648,907 | +€52,265 | +8.8% |
| Fixed assets | 21/28 | €328,053 | €291,183 | -€36,869 | -11.2% |
| Tangible fixed assets | 22/27 | €328,053 | €291,183 | -€36,869 | -11.2% |
| Land and buildings | 22 | €324,372 | €286,135 | -€38,238 | -11.8% |
| Furniture and vehicles | 24 | €3,681 | €5,049 | +€1,368 | +37.2% |
| Current assets | 29/58 | €268,590 | €357,724 | +€89,134 | +33.2% |
| Amounts receivable within one year | 40/41 | €240,788 | €292,358 | +€51,570 | +21.4% |
| Trade receivables | 40 | €47,789 | €42,852 | -€4,937 | -10.3% |
| Other amounts receivable | 41 | €193,000 | €249,506 | +€56,507 | +29.3% |
| Current investments | 50/53 | €22,662 | €22,656 | -€6 | 0.0% |
| Cash at bank and in hand | 54/58 | €537 | €25,816 | +€25,279 | +4,712% |
| Deferred charges and accrued income | 490/1 | €4,603 | €16,894 | +€12,291 | +267% |
| Total equity and liabilities | 10/49 | €596,642 | €648,907 | +€52,265 | +8.8% |
| Equity | 10/15 | €479,696 | €518,486 | +€38,789 | +8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €461,096 | €499,886 | +€38,789 | +8.4% |
| Tax-exempt reserves | 132 | €38,663 | €36,844 | -€1,819 | -4.7% |
| Distributable reserves | 133 | €422,433 | €463,042 | +€40,609 | +9.6% |
| Provisions and deferred taxes | 16 | €6,367 | €5,912 | -€455 | -7.1% |
| Deferred taxes | 168 | €6,367 | €5,912 | -€455 | -7.1% |
| Amounts payable | 17/49 | €110,579 | €124,509 | +€13,930 | +12.6% |
| Amounts payable after more than one year | 17 | €40,572 | €21,868 | -€18,704 | -46.1% |
| Financial debts | 170/4 | €40,322 | €19,468 | -€20,854 | -51.7% |
| Other amounts payable | 178/9 | €250 | €2,400 | +€2,150 | +860% |
| Amounts payable within one year | 42/48 | €70,007 | €102,641 | +€32,634 | +46.6% |
| Current portion of amounts payable after more than one year | 42 | €22,680 | €23,649 | +€969 | +4.3% |
| Financial debts | 43 | - | €10,000 | +€10,000 | |
| Credit institutions | 430/8 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €6,989 | €18,625 | +€11,636 | +166% |
| Suppliers | 440/4 | €6,989 | €18,625 | +€11,636 | +166% |
| Taxes, remuneration and social security | 45 | €40,337 | €50,367 | +€10,030 | +24.9% |
| Taxes | 450/3 | €40,337 | €50,367 | +€10,030 | +24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,481 | €39,506 | +€25 | +0.1% |
| Other operating charges | 640/8 | €19,783 | €31,655 | +€11,872 | +60.0% |
| Gross operating margin | 9900 | €106,440 | €133,696 | +€27,256 | +25.6% |
| Operating profit (loss) | 9901 | €47,176 | €62,535 | +€15,360 | +32.6% |
| Financial income | 75/76B | €532 | €184 | -€348 | -65.4% |
| Recurring financial income | 75 | €532 | €184 | -€348 | -65.4% |
| Financial charges | 65/66B | €6,549 | €5,709 | -€840 | -12.8% |
| Recurring financial charges | 65 | €6,549 | €5,709 | -€840 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €41,158 | €57,010 | +€15,852 | +38.5% |
| Transfer from deferred taxes | 780 | €455 | €455 | = | 0.0% |
| Income taxes | 67/77 | €13,461 | €18,676 | +€5,215 | +38.7% |
| Profit (loss) for the period | 9904 | €28,152 | €38,789 | +€10,637 | +37.8% |
| Transfer from tax-exempt reserves | 789 | €1,819 | €1,819 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,971 | €40,609 | +€10,637 | +35.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.