Kubyte: 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.
Kubyte
Largest movements
- Cash +€39,686
up €39,686 (+48.1%), from €82,501 to €122,186
mainly Other debts (+€137,994) and Receivables after one year (+€20,000)
- Receivables after one year -€20,000
no longer reported in 2025 (was €20,000)
- Receivables within one year -€15,855
down €15,855 (-93.5%), from €16,958 to €1,102
of which Trade receivables: -€13,286
- Current investments +€12,818
new in 2025: €12,818
- Tangible fixed assets -€5,515
down €5,515 (-25.7%), from €21,461 to €15,946
of which Furniture and vehicles: -€6,073
- Other debts +€137,994
up €137,994 (+8,625%), from €1,600 to €139,594
- Reserves -€117,266
no longer reported in 2025 (was €117,266)
- Current portion of long-term debt -€5,354
down €5,354 (-74.7%), from €7,169 to €1,815
- Tax, wage and social debts -€2,336
down €2,336 (-24.9%), from €9,379 to €7,043
- Debts after one year -€1,815
no longer reported in 2025 (was €1,815)
- Gross operating margin -€15,551
down €15,551 (-22.8%), from €68,137 to €52,586
- Financial charges +€12,525
up €12,525 (+2,580%), from €485 to €13,011
- Other operating charges +€4,667
up €4,667 (+527%), from €885 to €5,552
- Taxes -€4,345
down €4,345 (-32.8%), from €13,243 to €8,898
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 | €141,529 | €152,673 | +€11,144 | +7.9% |
| Fixed assets | 21/28 | €21,711 | €16,196 | -€5,515 | -25.4% |
| Tangible fixed assets | 22/27 | €21,461 | €15,946 | -€5,515 | -25.7% |
| Furniture and vehicles | 24 | €16,564 | €10,491 | -€6,073 | -36.7% |
| Other tangible fixed assets | 26 | €4,897 | €5,455 | +€558 | +11.4% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €119,819 | €136,477 | +€16,658 | +13.9% |
| Amounts receivable after more than one year | 29 | €20,000 | - | -€20,000 | |
| Other amounts receivable | 291 | €20,000 | - | -€20,000 | |
| Amounts receivable within one year | 40/41 | €16,958 | €1,102 | -€15,855 | -93.5% |
| Trade receivables | 40 | €13,286 | - | -€13,286 | |
| Other amounts receivable | 41 | €3,672 | €1,102 | -€2,570 | -70.0% |
| Current investments | 50/53 | - | €12,818 | +€12,818 | |
| Cash at bank and in hand | 54/58 | €82,501 | €122,186 | +€39,686 | +48.1% |
| Deferred charges and accrued income | 490/1 | €360 | €371 | +€10 | +2.8% |
| Total equity and liabilities | 10/49 | €141,529 | €152,673 | +€11,144 | +7.9% |
| Equity | 10/15 | €118,266 | €1,000 | -€117,266 | -99.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €117,266 | - | -€117,266 | |
| Distributable reserves | 133 | €117,266 | - | -€117,266 | |
| Amounts payable | 17/49 | €23,263 | €151,673 | +€128,410 | +552% |
| Amounts payable after more than one year | 17 | €1,815 | - | -€1,815 | |
| Financial debts | 170/4 | €1,815 | - | -€1,815 | |
| Amounts payable within one year | 42/48 | €21,449 | €151,673 | +€130,224 | +607% |
| Current portion of amounts payable after more than one year | 42 | €7,169 | €1,815 | -€5,354 | -74.7% |
| Financial debts | 43 | €3,132 | €3,204 | +€72 | +2.3% |
| Credit institutions | 430/8 | €3,132 | €3,204 | +€72 | +2.3% |
| Trade debts | 44 | €169 | €17 | -€152 | -89.8% |
| Suppliers | 440/4 | €169 | €17 | -€152 | -89.8% |
| Taxes, remuneration and social security | 45 | €9,379 | €7,043 | -€2,336 | -24.9% |
| Taxes | 450/3 | €9,379 | €7,043 | -€2,336 | -24.9% |
| Other amounts payable | 47/48 | €1,600 | €139,594 | +€137,994 | +8,625% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,210 | €8,452 | +€242 | +3.0% |
| Other operating charges | 640/8 | €885 | €5,552 | +€4,667 | +527% |
| Gross operating margin | 9900 | €68,137 | €52,586 | -€15,551 | -22.8% |
| Operating profit (loss) | 9901 | €59,042 | €38,582 | -€20,460 | -34.7% |
| Financial income | 75/76B | €553 | €1 | -€552 | -99.8% |
| Recurring financial income | 75 | €503 | €1 | -€502 | -99.8% |
| Non-recurring financial income | 76B | €50 | - | -€50 | |
| Financial charges | 65/66B | €485 | €13,011 | +€12,525 | +2,580% |
| Recurring financial charges | 65 | €485 | €13,011 | +€12,525 | +2,580% |
| Profit (loss) for the period before taxes | 9903 | €59,109 | €25,572 | -€33,537 | -56.7% |
| Income taxes | 67/77 | €13,243 | €8,898 | -€4,345 | -32.8% |
| Profit (loss) for the period | 9904 | €45,867 | €16,674 | -€29,192 | -63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,867 | €16,674 | -€29,192 | -63.6% |
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 15 October 2026 via checked.be.