QUBIT ANALYTICS: 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.
QUBIT ANALYTICS
Largest movements
- Current investments +€48,978
up €48,978 (+130%), from €37,673 to €86,652
- Receivables within one year +€44,042
up €44,042 (+20.5%), from €214,742 to €258,784
of which Trade receivables: +€49,822
- Tangible fixed assets -€10,278
down €10,278 (-52.2%), from €19,695 to €9,417
- Cash +€5,814
up €5,814 (+6.8%), from €85,094 to €90,908
mainly Net result for the year (+€232,678) and Tax, wage and social debts (+€54,309)
- Tax, wage and social debts +€54,309
up €54,309 (+49.9%), from €108,852 to €163,160
of which Taxes: +€54,309
- Other debts +€37,043
up €37,043 (+21.4%), from €172,866 to €209,909
- Gross operating margin +€71,477
up €71,477 (+28.8%), from €248,234 to €319,710
- Taxes +€17,920
up €17,920 (+33.0%), from €54,291 to €72,211
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 | €369,493 | €454,690 | +€85,197 | +23.1% |
| Fixed assets | 21/28 | €31,985 | €18,347 | -€13,638 | -42.6% |
| Intangible fixed assets | 21 | €12,290 | €8,930 | -€3,360 | -27.3% |
| Tangible fixed assets | 22/27 | €19,695 | €9,417 | -€10,278 | -52.2% |
| Furniture and vehicles | 24 | €19,695 | €9,417 | -€10,278 | -52.2% |
| Current assets | 29/58 | €337,508 | €436,343 | +€98,835 | +29.3% |
| Amounts receivable within one year | 40/41 | €214,742 | €258,784 | +€44,042 | +20.5% |
| Trade receivables | 40 | €208,176 | €257,998 | +€49,822 | +23.9% |
| Other amounts receivable | 41 | €6,566 | €786 | -€5,780 | -88.0% |
| Current investments | 50/53 | €37,673 | €86,652 | +€48,978 | +130% |
| Cash at bank and in hand | 54/58 | €85,094 | €90,908 | +€5,814 | +6.8% |
| Total equity and liabilities | 10/49 | €369,493 | €454,690 | +€85,197 | +23.1% |
| Equity | 10/15 | €69,846 | €70,523 | +€678 | +1.0% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €62,846 | €63,523 | +€678 | +1.1% |
| Distributable reserves | 133 | €62,846 | €63,523 | +€678 | +1.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €299,647 | €384,167 | +€84,520 | +28.2% |
| Amounts payable after more than one year | 17 | €4,871 | €382 | -€4,489 | -92.2% |
| Financial debts | 170/4 | €4,871 | €382 | -€4,489 | -92.2% |
| Amounts payable within one year | 42/48 | €294,332 | €383,335 | +€89,003 | +30.2% |
| Current portion of amounts payable after more than one year | 42 | €4,313 | €4,489 | +€175 | +4.1% |
| Trade debts | 44 | €8,301 | €5,777 | -€2,524 | -30.4% |
| Suppliers | 440/4 | €8,301 | €5,777 | -€2,524 | -30.4% |
| Taxes, remuneration and social security | 45 | €108,852 | €163,160 | +€54,309 | +49.9% |
| Taxes | 450/3 | €108,852 | €163,160 | +€54,309 | +49.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €172,866 | €209,909 | +€37,043 | +21.4% |
| Accrued charges and deferred income | 492/3 | €445 | €450 | +€5 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,378 | €13,638 | +€260 | +1.9% |
| Other operating charges | 640/8 | €353 | €686 | +€333 | +94.3% |
| Gross operating margin | 9900 | €248,234 | €319,710 | +€71,477 | +28.8% |
| Operating profit (loss) | 9901 | €234,503 | €305,386 | +€70,884 | +30.2% |
| Financial income | 75/76B | €120 | €921 | +€801 | +670% |
| Recurring financial income | 75 | €120 | €921 | +€801 | +670% |
| Financial charges | 65/66B | €713 | €1,418 | +€705 | +98.9% |
| Recurring financial charges | 65 | €713 | €1,418 | +€705 | +98.9% |
| Profit (loss) for the period before taxes | 9903 | €233,909 | €304,889 | +€70,980 | +30.3% |
| Income taxes | 67/77 | €54,291 | €72,211 | +€17,920 | +33.0% |
| Profit (loss) for the period | 9904 | €179,618 | €232,678 | +€53,060 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €179,618 | €232,678 | +€53,060 | +29.5% |
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 23 October 2026 via checked.be.