KUUB: 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.
KUUB
Largest movements
- Deferred charges and accrued income +€15,507
up €15,507 (+781.4%), from €1,985 to €17,492
- Receivables within one year -€8,612
down €8,612 (-37.4%), from €23,019 to €14,406
of which Trade receivables: -€8,612
- Cash +€2,913
up €2,913 (+127.4%), from €2,286 to €5,198
mainly Other debts (+€27,692) and Receivables within one year (+€8,612)
- Tangible fixed assets -€2,176
down €2,176 (-31.8%), from €6,850 to €4,675
of which Furniture and vehicles: -€2,008
- Other debts +€27,692
up €27,692 (+4278.5%), from €647 to €28,340
- Tax, wage and social debts -€20,813
down €20,813 (-73.1%), from €28,473 to €7,660
of which Remuneration and social security: -€17,361
- Accrued charges and deferred income +€2,635
up €2,635, from €0 to €2,635
- Trade debts -€1,311
down €1,311 (-47.7%), from €2,747 to €1,436
- Profit (loss) carried forward -€572
down €572 (-4.7%), from -€12,228 to -€12,800
- Staff costs -€50,946
down €50,946 (-77.4%), from €65,812 to €14,866
- Gross operating margin -€24,589
down €24,589 (-33.2%), from €74,059 to €49,470
- Write-downs +€17,000
up €17,000 (+283.3%), from €6,000 to €23,000
- Taxes +€2,788
up €2,788 (+354.4%), from €787 to €3,575
- Other operating charges +€911
up €911 (+60.5%), from €1,507 to €2,418
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 | €34,139 | €41,771 | +€7,632 | +22.4% |
| Fixed assets | 21/28 | €6,850 | €4,675 | -€2,176 | -31.8% |
| Tangible fixed assets | 22/27 | €6,850 | €4,675 | -€2,176 | -31.8% |
| Land and buildings | 22 | €1,162 | €994 | -€168 | -14.4% |
| Furniture and vehicles | 24 | €5,689 | €3,680 | -€2,008 | -35.3% |
| Current assets | 29/58 | €27,289 | €37,096 | +€9,807 | +35.9% |
| Amounts receivable within one year | 40/41 | €23,019 | €14,406 | -€8,612 | -37.4% |
| Trade receivables | 40 | €23,019 | €14,406 | -€8,612 | -37.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,286 | €5,198 | +€2,913 | +127.4% |
| Deferred charges and accrued income | 490/1 | €1,985 | €17,492 | +€15,507 | +781.4% |
| Total equity and liabilities | 10/49 | €34,139 | €41,771 | +€7,632 | +22.4% |
| Equity | 10/15 | €2,272 | €1,700 | -€572 | -25.2% |
| Contributions | 10/11 | €14,500 | €14,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,228 | -€12,800 | -€572 | -4.7% |
| Amounts payable | 17/49 | €31,867 | €40,071 | +€8,204 | +25.7% |
| Amounts payable within one year | 42/48 | €31,867 | €37,436 | +€5,569 | +17.5% |
| Trade debts | 44 | €2,747 | €1,436 | -€1,311 | -47.7% |
| Suppliers | 440/4 | €2,747 | €1,436 | -€1,311 | -47.7% |
| Taxes, remuneration and social security | 45 | €28,473 | €7,660 | -€20,813 | -73.1% |
| Taxes | 450/3 | €8,915 | €5,463 | -€3,452 | -38.7% |
| Remuneration and social security | 454/9 | €19,558 | €2,198 | -€17,361 | -88.8% |
| Other amounts payable | 47/48 | €647 | €28,340 | +€27,692 | +4278.5% |
| Accrued charges and deferred income | 492/3 | €0 | €2,635 | +€2,635 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €65,812 | €14,866 | -€50,946 | -77.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,886 | €2,176 | -€710 | -24.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,000 | €23,000 | +€17,000 | +283.3% |
| Other operating charges | 640/8 | €1,507 | €2,418 | +€911 | +60.5% |
| Gross operating margin | 9900 | €74,059 | €49,470 | -€24,589 | -33.2% |
| Operating profit (loss) | 9901 | -€2,146 | €7,010 | +€9,156 | |
| Financial income | 75/76B | €2 | €4 | +€3 | +178.7% |
| Recurring financial income | 75 | €2 | €4 | +€3 | +178.7% |
| Financial charges | 65/66B | €4,204 | €4,012 | -€192 | -4.6% |
| Recurring financial charges | 65 | €4,204 | €4,012 | -€192 | -4.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€6,348 | €3,003 | +€9,351 | |
| Income taxes | 67/77 | €787 | €3,575 | +€2,788 | +354.4% |
| Profit (loss) for the period | 9904 | -€7,135 | -€572 | +€6,563 | +92.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,135 | -€572 | +€6,563 | +92.0% |
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 12 October 2026 via checked.be.