Kubik-Creation: 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.
Kubik-Creation
Largest movements
- Cash -€14,820
down €14,820 (-28.6%), from €51,866 to €37,045
mainly Other debts (-€21,471) and Debts after one year (-€19,215)
- Tangible fixed assets -€8,801
down €8,801 (-3.0%), from €288,576 to €279,774
of which Furniture and vehicles: -€4,785
- Intangible fixed assets -€8,500
down €8,500 (-18.2%), from €46,738 to €38,238
- Other debts -€21,471
down €21,471 (-19.0%), from €113,161 to €91,690
- Debts after one year -€19,215
down €19,215 (-9.2%), from €208,187 to €188,972
- Profit (loss) carried forward +€16,633
up €16,633 (+48.1%), from €34,554 to €51,187
- Tax, wage and social debts -€8,927
down €8,927 (-59.2%), from €15,081 to €6,154
of which Taxes: -€7,602
- Trade debts +€7,410
up €7,410 (+150.1%), from €4,938 to €12,348
- Staff costs -€20,584
down €20,584, from €20,397 to -€187
- Gross operating margin -€11,778
down €11,778 (-14.9%), from €79,309 to €67,531
- Taxes +€4,835
up €4,835 (+1364.0%), from €355 to €5,190
- Financial charges -€4,656
down €4,656 (-25.2%), from €18,455 to €13,799
- Depreciation +€802
up €802 (+2.8%), from €29,064 to €29,867
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 | €402,996 | €374,566 | -€28,430 | -7.1% |
| Fixed assets | 21/28 | €335,519 | €318,218 | -€17,301 | -5.2% |
| Intangible fixed assets | 21 | €46,738 | €38,238 | -€8,500 | -18.2% |
| Tangible fixed assets | 22/27 | €288,576 | €279,774 | -€8,801 | -3.0% |
| Land and buildings | 22 | €38,880 | €38,880 | = | 0.0% |
| Plant, machinery and equipment | 23 | €219,002 | €214,986 | -€4,016 | -1.8% |
| Furniture and vehicles | 24 | €30,694 | €25,909 | -€4,785 | -15.6% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €67,477 | €56,348 | -€11,129 | -16.5% |
| Stocks and contracts in progress | 3 | €8,922 | €9,303 | +€381 | +4.3% |
| Stocks | 30/36 | €8,922 | €9,303 | +€381 | +4.3% |
| Amounts receivable within one year | 40/41 | €3,197 | €5,616 | +€2,419 | +75.7% |
| Trade receivables | 40 | €3,197 | €5,616 | +€2,419 | +75.7% |
| Cash at bank and in hand | 54/58 | €51,866 | €37,045 | -€14,820 | -28.6% |
| Deferred charges and accrued income | 490/1 | €3,492 | €4,384 | +€891 | +25.5% |
| Total equity and liabilities | 10/49 | €402,996 | €374,566 | -€28,430 | -7.1% |
| Equity | 10/15 | €39,554 | €56,187 | +€16,633 | +42.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,554 | €51,187 | +€16,633 | +48.1% |
| Amounts payable | 17/49 | €363,442 | €318,379 | -€45,063 | -12.4% |
| Amounts payable after more than one year | 17 | €208,187 | €188,972 | -€19,215 | -9.2% |
| Financial debts | 170/4 | €208,187 | €188,972 | -€19,215 | -9.2% |
| Amounts payable within one year | 42/48 | €155,256 | €129,407 | -€25,848 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €22,075 | €19,215 | -€2,861 | -13.0% |
| Trade debts | 44 | €4,938 | €12,348 | +€7,410 | +150.1% |
| Suppliers | 440/4 | €4,938 | €12,348 | +€7,410 | +150.1% |
| Taxes, remuneration and social security | 45 | €15,081 | €6,154 | -€8,927 | -59.2% |
| Taxes | 450/3 | €13,602 | €6,000 | -€7,602 | -55.9% |
| Remuneration and social security | 454/9 | €1,479 | €154 | -€1,325 | -89.6% |
| Other amounts payable | 47/48 | €113,161 | €91,690 | -€21,471 | -19.0% |
| Remuneration, social security and pensions | 62 | €20,397 | -€187 | -€20,584 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,064 | €29,867 | +€802 | +2.8% |
| Other operating charges | 640/8 | €1,479 | €1,408 | -€71 | -4.8% |
| Non-recurring operating charges | 66A | €210 | €975 | +€765 | +363.9% |
| Gross operating margin | 9900 | €79,309 | €67,531 | -€11,778 | -14.9% |
| Operating profit (loss) | 9901 | €28,158 | €35,469 | +€7,310 | +26.0% |
| Financial income | 75/76B | €21 | €153 | +€132 | +630.8% |
| Recurring financial income | 75 | €21 | €153 | +€132 | +630.8% |
| Financial charges | 65/66B | €18,455 | €13,799 | -€4,656 | -25.2% |
| Recurring financial charges | 65 | €18,455 | €13,799 | -€4,656 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €9,725 | €21,823 | +€12,098 | +124.4% |
| Income taxes | 67/77 | €355 | €5,190 | +€4,835 | +1364.0% |
| Profit (loss) for the period | 9904 | €9,370 | €16,633 | +€7,263 | +77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,370 | €16,633 | +€7,263 | +77.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.