QUBITUS: 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.
QUBITUS
Largest movements
- Current investments -€43,247
down €43,247 (-100.0%), from €43,247 to €0
- Cash +€34,586
up €34,586 (+29.5%), from €117,309 to €151,895
mainly Other debts (+€115,528) and Net result for the year (+€112,524)
- Receivables within one year -€30,681
down €30,681 (-98.5%), from €31,145 to €464
of which Trade receivables: -€21,181
- Tangible fixed assets +€3,753
up €3,753 (+63.5%), from €5,909 to €9,662
of which Furniture and vehicles: +€4,170
- Reserves -€162,174
down €162,174 (-100.0%), from €162,174 to €0
- Other debts +€115,528
up €115,528 (+787.1%), from €14,677 to €130,206
- Tax, wage and social debts +€10,292
up €10,292 (+335.5%), from €3,068 to €13,361
- Financial income +€24,164
up €24,164 (+454.2%), from €5,321 to €29,485
- Taxes +€5,575
up €5,575 (+21.0%), from €26,580 to €32,155
- Gross operating margin -€1,500
down €1,500 (-1.3%), from €119,878 to €118,378
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 | €200,523 | €164,410 | -€36,113 | -18.0% |
| Fixed assets | 21/28 | €5,909 | €9,662 | +€3,753 | +63.5% |
| Tangible fixed assets | 22/27 | €5,909 | €9,662 | +€3,753 | +63.5% |
| Plant, machinery and equipment | 23 | €4,012 | €3,594 | -€417 | -10.4% |
| Furniture and vehicles | 24 | €1,898 | €6,068 | +€4,170 | +219.7% |
| Current assets | 29/58 | €194,614 | €154,748 | -€39,866 | -20.5% |
| Amounts receivable within one year | 40/41 | €31,145 | €464 | -€30,681 | -98.5% |
| Trade receivables | 40 | €21,181 | €0 | -€21,181 | -100.0% |
| Other amounts receivable | 41 | €9,964 | €464 | -€9,500 | -95.3% |
| Current investments | 50/53 | €43,247 | €0 | -€43,247 | -100.0% |
| Cash at bank and in hand | 54/58 | €117,309 | €151,895 | +€34,586 | +29.5% |
| Deferred charges and accrued income | 490/1 | €2,913 | €2,389 | -€524 | -18.0% |
| Total equity and liabilities | 10/49 | €200,523 | €164,410 | -€36,113 | -18.0% |
| Equity | 10/15 | €180,724 | €18,550 | -€162,174 | -89.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €162,174 | €0 | -€162,174 | -100.0% |
| Distributable reserves | 133 | €162,174 | €0 | -€162,174 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,799 | €145,860 | +€126,060 | +636.7% |
| Amounts payable within one year | 42/48 | €19,799 | €145,860 | +€126,060 | +636.7% |
| Financial debts | 43 | €315 | €50 | -€265 | -84.1% |
| Credit institutions | 430/8 | €315 | €50 | -€265 | -84.1% |
| Trade debts | 44 | €1,739 | €2,243 | +€505 | +29.0% |
| Suppliers | 440/4 | €1,739 | €2,243 | +€505 | +29.0% |
| Taxes, remuneration and social security | 45 | €3,068 | €13,361 | +€10,292 | +335.5% |
| Taxes | 450/3 | €3,068 | €13,361 | +€10,292 | +335.5% |
| Other amounts payable | 47/48 | €14,677 | €130,206 | +€115,528 | +787.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €25 | €0 | -€25 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,613 | €1,622 | +€9 | +0.5% |
| Other operating charges | 640/8 | €1,108 | €1,198 | +€90 | +8.1% |
| Gross operating margin | 9900 | €119,878 | €118,378 | -€1,500 | -1.3% |
| Operating profit (loss) | 9901 | €117,131 | €115,558 | -€1,573 | -1.3% |
| Financial income | 75/76B | €5,321 | €29,485 | +€24,164 | +454.2% |
| Recurring financial income | 75 | €5,321 | €29,485 | +€24,164 | +454.2% |
| Financial charges | 65/66B | €148 | €364 | +€216 | +145.7% |
| Recurring financial charges | 65 | €148 | €364 | +€216 | +145.7% |
| Profit (loss) for the period before taxes | 9903 | €122,304 | €144,679 | +€22,375 | +18.3% |
| Income taxes | 67/77 | €26,580 | €32,155 | +€5,575 | +21.0% |
| Profit (loss) for the period | 9904 | €95,724 | €112,524 | +€16,800 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €95,724 | €112,524 | +€16,800 | +17.6% |
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 12 October 2026 via checked.be.