LOS CUBAS: 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.
LOS CUBAS
Largest movements
- Tangible fixed assets -€10,429
down €10,429 (-50.0%), from €20,858 to €10,429
of which Furniture and vehicles: -€7,666
- Financial fixed assets +€2,541
up €2,541 (+1,210%), from €210 to €2,751
- Receivables within one year +€2,332
up €2,332 (+45.0%), from €5,182 to €7,514
- Trade debts -€4,153
no longer reported in 2024 (was €4,153)
- Other debts -€3,290
down €3,290 (-13.2%), from €24,971 to €21,681
- Profit (loss) carried forward +€1,978
up €1,978 (+10.2%), from -€19,321 to -€17,344
- Gross operating margin -€7,868
down €7,868 (-38.5%), from €20,443 to €12,575
- Other operating charges -€1,412
no longer reported in 2024 (was €1,412)
- Financial charges -€1,150
down €1,150 (-87.3%), from €1,318 to €168
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,403 | €22,937 | -€5,466 | -19.2% |
| Fixed assets | 21/28 | €21,068 | €13,180 | -€7,888 | -37.4% |
| Tangible fixed assets | 22/27 | €20,858 | €10,429 | -€10,429 | -50.0% |
| Plant, machinery and equipment | 23 | €5,525 | €2,763 | -€2,763 | -50.0% |
| Furniture and vehicles | 24 | €15,333 | €7,666 | -€7,666 | -50.0% |
| Financial fixed assets | 28 | €210 | €2,751 | +€2,541 | +1,210% |
| Current assets | 29/58 | €7,335 | €9,757 | +€2,422 | +33.0% |
| Stocks and contracts in progress | 3 | €2,001 | €2,001 | = | 0.0% |
| Stocks | 30/36 | €2,001 | €2,001 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,182 | €7,514 | +€2,332 | +45.0% |
| Other amounts receivable | 41 | €5,182 | €7,514 | +€2,332 | +45.0% |
| Cash at bank and in hand | 54/58 | €152 | €243 | +€91 | +59.7% |
| Total equity and liabilities | 10/49 | €28,403 | €22,937 | -€5,466 | -19.2% |
| Equity | 10/15 | -€721 | €1,256 | +€1,978 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,321 | -€17,344 | +€1,978 | +10.2% |
| Amounts payable | 17/49 | €29,124 | €21,681 | -€7,443 | -25.6% |
| Amounts payable within one year | 42/48 | €29,124 | €21,681 | -€7,443 | -25.6% |
| Trade debts | 44 | €4,153 | - | -€4,153 | |
| Suppliers | 440/4 | €4,153 | - | -€4,153 | |
| Other amounts payable | 47/48 | €24,971 | €21,681 | -€3,290 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,429 | €10,429 | = | 0.0% |
| Other operating charges | 640/8 | €1,412 | - | -€1,412 | |
| Non-recurring operating charges | 66A | €3 | - | -€3 | |
| Gross operating margin | 9900 | €20,443 | €12,575 | -€7,868 | -38.5% |
| Operating profit (loss) | 9901 | €8,599 | €2,146 | -€6,453 | -75.0% |
| Financial charges | 65/66B | €1,318 | €168 | -€1,150 | -87.3% |
| Recurring financial charges | 65 | €1,318 | €168 | -€1,150 | -87.3% |
| Profit (loss) for the period before taxes | 9903 | €7,281 | €1,978 | -€5,303 | -72.8% |
| Profit (loss) for the period | 9904 | €7,281 | €1,978 | -€5,303 | -72.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,281 | €1,978 | -€5,303 | -72.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.