KUBERA LAW: 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 LAW
Largest movements
- Cash +€20,608
up €20,608 (+33.7%), from €61,064 to €81,672
mainly Net result for the year (+€33,010) and Tax, wage and social debts (+€7,861)
- Receivables within one year +€17,265
up €17,265 (+106%), from €16,322 to €33,587
- Tangible fixed assets +€1,959
up €1,959 (+25.9%), from €7,570 to €9,529
of which Plant, machinery and equipment: +€3,619
- Profit (loss) carried forward +€33,010
up €33,010 (+47.7%), from €69,168 to €102,179
- Tax, wage and social debts +€7,861
up €7,861 (+62.6%), from €12,555 to €20,416
- Gross operating margin +€2,657
up €2,657 (+6.4%), from €41,520 to €44,177
- Depreciation +€1,780
up €1,780 (+244%), from €730 to €2,510
- Other operating charges +€1,199
up €1,199 (+642%), from €187 to €1,386
- Financial income +€711
up €711 (+111%), from €641 to €1,352
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 | €84,956 | €124,788 | +€39,832 | +46.9% |
| Fixed assets | 21/28 | €7,570 | €9,529 | +€1,959 | +25.9% |
| Tangible fixed assets | 22/27 | €7,570 | €9,529 | +€1,959 | +25.9% |
| Plant, machinery and equipment | 23 | - | €3,619 | +€3,619 | |
| Other tangible fixed assets | 26 | €7,570 | €5,910 | -€1,660 | -21.9% |
| Current assets | 29/58 | €77,386 | €115,259 | +€37,873 | +48.9% |
| Amounts receivable within one year | 40/41 | €16,322 | €33,587 | +€17,265 | +106% |
| Other amounts receivable | 41 | €16,322 | €33,587 | +€17,265 | +106% |
| Cash at bank and in hand | 54/58 | €61,064 | €81,672 | +€20,608 | +33.7% |
| Total equity and liabilities | 10/49 | €84,956 | €124,788 | +€39,832 | +46.9% |
| Equity | 10/15 | €70,668 | €103,679 | +€33,010 | +46.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,168 | €102,179 | +€33,010 | +47.7% |
| Amounts payable | 17/49 | €14,288 | €21,109 | +€6,822 | +47.7% |
| Amounts payable within one year | 42/48 | €14,288 | €21,109 | +€6,822 | +47.7% |
| Trade debts | 44 | €1,733 | €694 | -€1,040 | -60.0% |
| Suppliers | 440/4 | €1,733 | €694 | -€1,040 | -60.0% |
| Taxes, remuneration and social security | 45 | €12,555 | €20,416 | +€7,861 | +62.6% |
| Taxes | 450/3 | €12,555 | €20,416 | +€7,861 | +62.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €730 | €2,510 | +€1,780 | +244% |
| Other operating charges | 640/8 | €187 | €1,386 | +€1,199 | +642% |
| Gross operating margin | 9900 | €41,520 | €44,177 | +€2,657 | +6.4% |
| Operating profit (loss) | 9901 | €40,603 | €40,281 | -€322 | -0.8% |
| Financial income | 75/76B | €641 | €1,352 | +€711 | +111% |
| Recurring financial income | 75 | €641 | €1,352 | +€711 | +111% |
| Financial charges | 65/66B | €44 | €37 | -€7 | -16.0% |
| Recurring financial charges | 65 | €44 | €37 | -€7 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €41,201 | €41,596 | +€396 | +1.0% |
| Income taxes | 67/77 | €8,622 | €8,586 | -€37 | -0.4% |
| Profit (loss) for the period | 9904 | €32,578 | €33,010 | +€432 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,578 | €33,010 | +€432 | +1.3% |
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 14 October 2026 via checked.be.