Thomas Bernard Kubitz: 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.
Thomas Bernard Kubitz
Largest movements
- Receivables within one year +€6,756
up €6,756 (+20.1%), from €33,644 to €40,400
of which Trade receivables: +€7,441
- Cash +€4,480
up €4,480 (+52.4%), from €8,546 to €13,026
mainly Net result for the year (+€11,236)
- Profit (loss) carried forward +€11,236
up €11,236 (+10.6%), from -€105,862 to -€94,626
- Gross operating margin +€16,393
up €16,393, from -€4,993 to €11,401
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 | €42,190 | €53,426 | +€11,236 | +26.6% |
| Current assets | 29/58 | €42,190 | €53,426 | +€11,236 | +26.6% |
| Amounts receivable within one year | 40/41 | €33,644 | €40,400 | +€6,756 | +20.1% |
| Trade receivables | 40 | €3,590 | €11,031 | +€7,441 | +207% |
| Other amounts receivable | 41 | €30,054 | €29,368 | -€685 | -2.3% |
| Cash at bank and in hand | 54/58 | €8,546 | €13,026 | +€4,480 | +52.4% |
| Total equity and liabilities | 10/49 | €42,190 | €53,426 | +€11,236 | +26.6% |
| Equity | 10/15 | €41,861 | €53,096 | +€11,236 | +26.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €129,123 | €129,123 | = | 0.0% |
| Distributable reserves | 133 | €129,123 | €129,123 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,862 | -€94,626 | +€11,236 | +10.6% |
| Amounts payable | 17/49 | €329 | €329 | = | 0.0% |
| Amounts payable within one year | 42/48 | €329 | €329 | = | 0.0% |
| Trade debts | 44 | €307 | €307 | = | 0.0% |
| Suppliers | 440/4 | €307 | €307 | = | 0.0% |
| Other amounts payable | 47/48 | €22 | €22 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€4,993 | €11,401 | +€16,393 | |
| Operating profit (loss) | 9901 | -€5,111 | €11,281 | +€16,391 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,154 | €11,236 | +€16,390 | |
| Profit (loss) for the period | 9904 | -€5,154 | €11,236 | +€16,390 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,154 | €11,236 | +€16,390 |
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 18 October 2026 via checked.be.