Qubuus: what changed
Two fiscal 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.
Qubuus
Largest movements
- Intangible fixed assets +€6,710
up €6,710 (+6.4%), from €104,367 to €111,077
- Receivables within one year +€1,396
up €1,396 (+13.6%), from €10,247 to €11,643
of which Other amounts receivable: +€5,854
- Trade debts +€7,581
up €7,581 (+22.0%), from €34,385 to €41,966
- Reserves +€4,619
up €4,619 (+10.6%), from €43,748 to €48,367
of which Distributable reserves: +€4,619
- Tax, wage and social debts -€2,319
down €2,319 (-51.0%), from €4,543 to €2,224
- Gross operating margin +€13,465
up €13,465 (+43.2%), from €31,151 to €44,616
- Depreciation +€5,352
up €5,352 (+18.8%), from €28,433 to €33,785
- Financial charges +€2,926
up €2,926 (+502.3%), from €583 to €3,508
- Taxes +€2,190
new in 2024: €2,190
- Write-downs +€541
up €541, from -€541 to €0
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.
Cash bridge derived
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 | €118,906 | €127,917 | +€9,011 | +7.6% |
| Fixed assets | 21/28 | €105,393 | €111,608 | +€6,215 | +5.9% |
| Intangible fixed assets | 21 | €104,367 | €111,077 | +€6,710 | +6.4% |
| Tangible fixed assets | 22/27 | €1,026 | €531 | -€495 | -48.3% |
| Furniture and vehicles | 24 | €1,026 | €531 | -€495 | -48.3% |
| Current assets | 29/58 | €13,513 | €16,309 | +€2,796 | +20.7% |
| Amounts receivable within one year | 40/41 | €10,247 | €11,643 | +€1,396 | +13.6% |
| Trade receivables | 40 | €9,514 | €5,056 | -€4,458 | -46.9% |
| Other amounts receivable | 41 | €733 | €6,587 | +€5,854 | +798.4% |
| Cash at bank and in hand | 54/58 | €3,266 | €4,277 | +€1,011 | +30.9% |
| Deferred charges and accrued income | 490/1 | €0 | €389 | +€389 | |
| Total equity and liabilities | 10/49 | €118,906 | €127,917 | +€9,011 | +7.6% |
| Equity | 10/15 | €49,948 | €54,567 | +€4,619 | +9.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €43,748 | €48,367 | +€4,619 | +10.6% |
| Non-distributable reserves | 130/1 | €843 | €843 | = | 0.0% |
| Reserves not available under the articles | 1311 | €843 | €843 | = | 0.0% |
| Distributable reserves | 133 | €42,905 | €47,524 | +€4,619 | +10.8% |
| Amounts payable | 17/49 | €68,958 | €73,350 | +€4,392 | +6.4% |
| Amounts payable after more than one year | 17 | €14,000 | €14,000 | = | 0.0% |
| Other amounts payable | 178/9 | €14,000 | €14,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €54,958 | €59,350 | +€4,392 | +8.0% |
| Financial debts | 43 | €64 | €0 | -€64 | -100.0% |
| Credit institutions | 430/8 | €64 | €0 | -€64 | -100.0% |
| Trade debts | 44 | €34,385 | €41,966 | +€7,581 | +22.0% |
| Suppliers | 440/4 | €34,385 | €41,966 | +€7,581 | +22.0% |
| Taxes, remuneration and social security | 45 | €4,543 | €2,224 | -€2,319 | -51.0% |
| Taxes | 450/3 | €4,543 | €2,224 | -€2,319 | -51.0% |
| Other amounts payable | 47/48 | €15,966 | €15,160 | -€806 | -5.0% |
| Non-recurring operating income | 76A | - | €1,746 | +€1,746 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,433 | €33,785 | +€5,352 | +18.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€541 | €0 | +€541 | |
| Other operating charges | 640/8 | €992 | €528 | -€464 | -46.8% |
| Gross operating margin | 9900 | €31,151 | €44,616 | +€13,465 | +43.2% |
| Operating profit (loss) | 9901 | €2,266 | €10,302 | +€8,036 | +354.6% |
| Financial income | 75/76B | €135 | €15 | -€120 | -88.8% |
| Recurring financial income | 75 | €135 | €15 | -€120 | -88.8% |
| Financial charges | 65/66B | €583 | €3,508 | +€2,926 | +502.3% |
| Recurring financial charges | 65 | €583 | €3,508 | +€2,926 | +502.3% |
| Profit (loss) for the period before taxes | 9903 | €1,819 | €6,809 | +€4,990 | +274.4% |
| Income taxes | 67/77 | - | €2,190 | +€2,190 | |
| Profit (loss) for the period | 9904 | €1,819 | €4,619 | +€2,800 | +154.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,819 | €4,619 | +€2,800 | +154.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.