Kubieke Meter: what changed
Kubieke Meter
Largest movements
- Cash +€52,509
up €52,509 (+35.8%), from €146,689 to €199,198
mainly Other debts (+€41,462) and Net result for the year (+€40,549)
- Tangible fixed assets -€3,647
down €3,647 (-43.0%), from €8,486 to €4,838
of which Furniture and vehicles: -€2,373
- Other debts +€41,462
up €41,462 (+47.5%), from €87,379 to €128,841
- Tax, wage and social debts +€5,979
up €5,979 (+49.9%), from €11,987 to €17,966
- Trade debts +€2,282
new in 2025: €2,282
- Gross operating margin +€17,594
up €17,594 (+39.5%), from €44,570 to €62,164
- Taxes +€3,470
up €3,470 (+44.8%), from €7,751 to €11,220
- Financial charges +€1,258
up €1,258 (+23.8%), from €5,276 to €6,534
- Other operating charges +€1,214
up €1,214 (+161%), from €754 to €1,968
- Depreciation -€837
down €837 (-30.6%), from €2,729 to €1,893
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €174,518 | €224,089 | +€49,570 | +28.4% |
| Fixed assets | 21/28 | €8,486 | €4,838 | -€3,647 | -43.0% |
| Tangible fixed assets | 22/27 | €8,486 | €4,838 | -€3,647 | -43.0% |
| Plant, machinery and equipment | 23 | €5,626 | €4,351 | -€1,275 | -22.7% |
| Furniture and vehicles | 24 | €2,860 | €487 | -€2,373 | -83.0% |
| Current assets | 29/58 | €166,033 | €219,251 | +€53,218 | +32.1% |
| Amounts receivable within one year | 40/41 | €17,149 | €17,329 | +€180 | +1.1% |
| Trade receivables | 40 | €12,705 | €14,883 | +€2,178 | +17.1% |
| Other amounts receivable | 41 | €4,444 | €2,446 | -€1,998 | -45.0% |
| Cash at bank and in hand | 54/58 | €146,689 | €199,198 | +€52,509 | +35.8% |
| Deferred charges and accrued income | 490/1 | €2,195 | €2,723 | +€528 | +24.1% |
| Total equity and liabilities | 10/49 | €174,518 | €224,089 | +€49,570 | +28.4% |
| Equity | 10/15 | €75,000 | €75,000 | = | 0.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable | 17/49 | €99,518 | €149,089 | +€49,570 | +49.8% |
| Amounts payable within one year | 42/48 | €99,366 | €149,089 | +€49,723 | +50.0% |
| Trade debts | 44 | - | €2,282 | +€2,282 | |
| Suppliers | 440/4 | - | €2,282 | +€2,282 | |
| Taxes, remuneration and social security | 45 | €11,987 | €17,966 | +€5,979 | +49.9% |
| Taxes | 450/3 | €11,987 | €17,966 | +€5,979 | +49.9% |
| Other amounts payable | 47/48 | €87,379 | €128,841 | +€41,462 | +47.5% |
| Accrued charges and deferred income | 492/3 | €152 | - | -€152 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,729 | €1,893 | -€837 | -30.6% |
| Other operating charges | 640/8 | €754 | €1,968 | +€1,214 | +161% |
| Gross operating margin | 9900 | €44,570 | €62,164 | +€17,594 | +39.5% |
| Operating profit (loss) | 9901 | €41,087 | €58,303 | +€17,216 | +41.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,276 | €6,534 | +€1,258 | +23.8% |
| Recurring financial charges | 65 | €5,276 | €6,534 | +€1,258 | +23.8% |
| Profit (loss) for the period before taxes | 9903 | €35,811 | €51,769 | +€15,958 | +44.6% |
| Income taxes | 67/77 | €7,751 | €11,220 | +€3,470 | +44.8% |
| Profit (loss) for the period | 9904 | €28,060 | €40,549 | +€12,489 | +44.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,060 | €40,549 | +€12,489 | +44.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.