SUB-FLOORS: 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.
SUB-FLOORS
Largest movements
- Tangible fixed assets -€11,658
down €11,658 (-81.8%), from €14,258 to €2,600
of which Furniture and vehicles: -€10,700
- Reserves +€15,350
up €15,350 (+6.0%), from €255,800 to €271,150
- Trade debts -€7,679
down €7,679 (-38.5%), from €19,940 to €12,261
- Debts after one year -€7,671
down €7,671 (-34.1%), from €22,471 to €14,800
- Current portion of long-term debt -€7,553
no longer reported in 2025 (was €7,553)
- Short-term financial debts -€4,815
no longer reported in 2025 (was €4,815)
- Depreciation -€10,016
down €10,016 (-90.1%), from €11,115 to €1,098
- Financial income -€2,417
down €2,417 (-11.9%), from €20,267 to €17,849
- Taxes +€2,263
up €2,263 (+40.3%), from €5,617 to €7,881
- Gross operating margin -€2,078
down €2,078 (-20.3%), from €10,227 to €8,149
- Staff costs -€708
down €708 (-91.6%), from €773 to €65
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 | €329,563 | €321,072 | -€8,491 | -2.6% |
| Fixed assets | 21/28 | €14,258 | €2,600 | -€11,658 | -81.8% |
| Tangible fixed assets | 22/27 | €14,258 | €2,600 | -€11,658 | -81.8% |
| Plant, machinery and equipment | 23 | €3,401 | €2,443 | -€958 | -28.2% |
| Furniture and vehicles | 24 | €10,857 | €157 | -€10,700 | -98.6% |
| Current assets | 29/58 | €315,305 | €318,472 | +€3,167 | +1.0% |
| Stocks and contracts in progress | 3 | €40 | - | -€40 | |
| Stocks | 30/36 | €40 | - | -€40 | |
| Amounts receivable within one year | 40/41 | €314,908 | €317,292 | +€2,383 | +0.8% |
| Trade receivables | 40 | €1,640 | - | -€1,640 | |
| Other amounts receivable | 41 | €313,269 | €317,292 | +€4,023 | +1.3% |
| Cash at bank and in hand | 54/58 | - | €1,133 | +€1,133 | |
| Deferred charges and accrued income | 490/1 | €357 | €48 | -€309 | -86.5% |
| Total equity and liabilities | 10/49 | €329,563 | €321,072 | -€8,491 | -2.6% |
| Equity | 10/15 | €269,682 | €285,044 | +€15,362 | +5.7% |
| Contributions | 10/11 | €9,860 | €9,860 | = | 0.0% |
| Reserves | 13 | €255,800 | €271,150 | +€15,350 | +6.0% |
| Distributable reserves | 133 | €255,800 | €271,150 | +€15,350 | +6.0% |
| Profit (loss) carried forward | 14 | €4,022 | €4,034 | +€12 | +0.3% |
| Amounts payable | 17/49 | €59,881 | €36,028 | -€23,853 | -39.8% |
| Amounts payable after more than one year | 17 | €22,471 | €14,800 | -€7,671 | -34.1% |
| Financial debts | 170/4 | €22,471 | €14,800 | -€7,671 | -34.1% |
| Amounts payable within one year | 42/48 | €37,409 | €21,228 | -€16,181 | -43.3% |
| Current portion of amounts payable after more than one year | 42 | €7,553 | - | -€7,553 | |
| Financial debts | 43 | €4,815 | - | -€4,815 | |
| Credit institutions | 430/8 | €4,815 | - | -€4,815 | |
| Trade debts | 44 | €19,940 | €12,261 | -€7,679 | -38.5% |
| Suppliers | 440/4 | €19,940 | €12,261 | -€7,679 | -38.5% |
| Taxes, remuneration and social security | 45 | €5,101 | €8,967 | +€3,866 | +75.8% |
| Taxes | 450/3 | €5,101 | €8,967 | +€3,866 | +75.8% |
| Non-recurring operating income | 76A | - | €16,032 | +€16,032 | |
| Remuneration, social security and pensions | 62 | €773 | €65 | -€708 | -91.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,115 | €1,098 | -€10,016 | -90.1% |
| Other operating charges | 640/8 | €1,069 | €826 | -€243 | -22.7% |
| Gross operating margin | 9900 | €10,227 | €8,149 | -€2,078 | -20.3% |
| Operating profit (loss) | 9901 | -€2,729 | €6,160 | +€8,889 | |
| Financial income | 75/76B | €20,267 | €17,849 | -€2,417 | -11.9% |
| Recurring financial income | 75 | €20,267 | €17,849 | -€2,417 | -11.9% |
| Financial charges | 65/66B | €969 | €767 | -€202 | -20.8% |
| Recurring financial charges | 65 | €969 | €767 | -€202 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €16,569 | €23,242 | +€6,673 | +40.3% |
| Income taxes | 67/77 | €5,617 | €7,881 | +€2,263 | +40.3% |
| Profit (loss) for the period | 9904 | €10,952 | €15,362 | +€4,410 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,952 | €15,362 | +€4,410 | +40.3% |
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 11 October 2026 via checked.be.