KUBO: 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.
KUBO
Largest movements
- Receivables within one year -€7,619
down €7,619 (-97.5%), from €7,814 to €195
of which Trade receivables: -€7,778
- Tax, wage and social debts -€7,709
down €7,709 (-98.4%), from €7,838 to €129
- Accrued charges and deferred income -€984
no longer reported in 2025 (was €984)
- Trade debts +€711
new in 2025: €711
- Other debts +€599
new in 2025: €599
- Profit (loss) carried forward -€289
down €289 (-1.9%), from -€15,122 to -€15,411
- Gross operating margin -€15,718
down €15,718, from €15,516 to -€203
- Taxes -€4,129
no longer reported in 2025 (was €4,129)
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 | €7,961 | €288 | -€7,673 | -96.4% |
| Current assets | 29/58 | €7,961 | €288 | -€7,673 | -96.4% |
| Amounts receivable within one year | 40/41 | €7,814 | €195 | -€7,619 | -97.5% |
| Trade receivables | 40 | €7,778 | - | -€7,778 | |
| Other amounts receivable | 41 | €36 | €195 | +€159 | +439.6% |
| Cash at bank and in hand | 54/58 | €147 | €93 | -€54 | -36.5% |
| Total equity and liabilities | 10/49 | €7,961 | €288 | -€7,673 | -96.4% |
| Equity | 10/15 | -€862 | -€1,151 | -€289 | -33.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,122 | -€15,411 | -€289 | -1.9% |
| Amounts payable | 17/49 | €8,822 | €1,439 | -€7,384 | -83.7% |
| Amounts payable within one year | 42/48 | €7,838 | €1,439 | -€6,400 | -81.6% |
| Trade debts | 44 | - | €711 | +€711 | |
| Suppliers | 440/4 | - | €711 | +€711 | |
| Taxes, remuneration and social security | 45 | €7,838 | €129 | -€7,709 | -98.4% |
| Taxes | 450/3 | €7,838 | €129 | -€7,709 | -98.4% |
| Other amounts payable | 47/48 | - | €599 | +€599 | |
| Accrued charges and deferred income | 492/3 | €984 | - | -€984 | |
| Gross operating margin | 9900 | €15,516 | -€203 | -€15,718 | |
| Operating profit (loss) | 9901 | €15,516 | -€203 | -€15,718 | |
| Financial charges | 65/66B | €45 | €86 | +€41 | +91.7% |
| Recurring financial charges | 65 | €45 | €86 | +€41 | +91.7% |
| Profit (loss) for the period before taxes | 9903 | €15,471 | -€289 | -€15,759 | |
| Income taxes | 67/77 | €4,129 | - | -€4,129 | |
| Profit (loss) for the period | 9904 | €11,342 | -€289 | -€11,631 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,342 | -€289 | -€11,631 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.