kubium X: 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.
kubium X
Largest movements
- Tangible fixed assets +€42,188
up €42,188 (+1,041%), from €4,052 to €46,240
of which Furniture and vehicles: +€42,752
- Receivables within one year +€1,853
up €1,853 (+3.6%), from €51,895 to €53,748
of which Other amounts receivable: +€5,324
- Profit (loss) carried forward +€21,638
up €21,638, from -€4,653 to €16,985
- Debts after one year +€21,444
new in 2025: €21,444
- Trade debts -€6,864
down €6,864 (-35.8%), from €19,155 to €12,291
- Tax, wage and social debts +€4,784
up €4,784 (+38.4%), from €12,460 to €17,244
- Current portion of long-term debt +€3,470
up €3,470 (+101%), from €3,432 to €6,903
- Depreciation -€11,102
down €11,102 (-58.8%), from €18,892 to €7,790
- Taxes -€7,719
down €7,719 (-50.3%), from €15,359 to €7,641
- Gross operating margin +€5,178
up €5,178 (+15.1%), from €34,285 to €39,463
- Other operating charges +€663
up €663 (+41.3%), from €1,608 to €2,271
- Financial charges -€661
down €661 (-25.5%), from €2,590 to €1,928
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 | €55,973 | €100,013 | +€44,039 | +78.7% |
| Fixed assets | 21/28 | €4,077 | €46,265 | +€42,188 | +1,035% |
| Tangible fixed assets | 22/27 | €4,052 | €46,240 | +€42,188 | +1,041% |
| Furniture and vehicles | 24 | €2,927 | €45,679 | +€42,752 | +1,461% |
| Other tangible fixed assets | 26 | €1,125 | €560 | -€564 | -50.2% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €51,897 | €53,748 | +€1,852 | +3.6% |
| Amounts receivable within one year | 40/41 | €51,895 | €53,748 | +€1,853 | +3.6% |
| Trade receivables | 40 | €24,774 | €21,304 | -€3,471 | -14.0% |
| Other amounts receivable | 41 | €27,121 | €32,444 | +€5,324 | +19.6% |
| Cash at bank and in hand | 54/58 | €1 | - | -€1 | |
| Total equity and liabilities | 10/49 | €55,973 | €100,013 | +€44,039 | +78.7% |
| Equity | 10/15 | €15,807 | €37,446 | +€21,639 | +137% |
| Contributions | 10/11 | €18,600 | €18,601 | +€1 | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Contributions outside capital | 11 | - | €18,601 | +€18,601 | |
| Share premium | 1100/10 | - | €18,601 | +€18,601 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,653 | €16,985 | +€21,638 | |
| Amounts payable | 17/49 | €40,166 | €62,567 | +€22,400 | +55.8% |
| Amounts payable after more than one year | 17 | - | €21,444 | +€21,444 | |
| Financial debts | 170/4 | - | €21,444 | +€21,444 | |
| Amounts payable within one year | 42/48 | €40,166 | €41,123 | +€957 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €3,432 | €6,903 | +€3,470 | +101% |
| Financial debts | 43 | €5,118 | €4,685 | -€434 | -8.5% |
| Credit institutions | 430/8 | €5,118 | €4,685 | -€434 | -8.5% |
| Trade debts | 44 | €19,155 | €12,291 | -€6,864 | -35.8% |
| Suppliers | 440/4 | €19,155 | €12,291 | -€6,864 | -35.8% |
| Taxes, remuneration and social security | 45 | €12,460 | €17,244 | +€4,784 | +38.4% |
| Taxes | 450/3 | €12,460 | €17,244 | +€4,784 | +38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,892 | €7,790 | -€11,102 | -58.8% |
| Other operating charges | 640/8 | €1,608 | €2,271 | +€663 | +41.3% |
| Gross operating margin | 9900 | €34,285 | €39,463 | +€5,178 | +15.1% |
| Operating profit (loss) | 9901 | €13,785 | €29,402 | +€15,617 | +113% |
| Financial income | 75/76B | €1,512 | €1,805 | +€293 | +19.4% |
| Recurring financial income | 75 | €1,512 | €1,805 | +€293 | +19.4% |
| Financial charges | 65/66B | €2,590 | €1,928 | -€661 | -25.5% |
| Recurring financial charges | 65 | €2,590 | €1,928 | -€661 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €12,707 | €29,279 | +€16,572 | +130% |
| Income taxes | 67/77 | €15,359 | €7,641 | -€7,719 | -50.3% |
| Profit (loss) for the period | 9904 | -€2,652 | €21,638 | +€24,290 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,652 | €21,638 | +€24,290 |
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 22 October 2026 via checked.be.