SUBFLOW: 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.
SUBFLOW
Largest movements
- Cash +€21,996
up €21,996 (+25.6%), from €85,951 to €107,947
mainly Net result for the year (+€28,737) and Receivables within one year (+€3,547)
- Receivables within one year -€3,547
down €3,547 (-99.4%), from €3,569 to €22
- Reserves +€28,737
up €28,737 (+42.4%), from €67,709 to €96,446
- Tax, wage and social debts -€10,288
down €10,288 (-61.2%), from €16,811 to €6,523
- Gross operating margin -€52,898
down €52,898 (-60.8%), from €86,982 to €34,085
- Taxes -€9,743
down €9,743 (-57.6%), from €16,927 to €7,184
- Depreciation -€2,542
down €2,542 (-100.0%), from €2,542 to €0
- Financial income +€1,716
up €1,716 (+444.1%), from €386 to €2,102
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 | €89,520 | €107,969 | +€18,449 | +20.6% |
| Current assets | 29/58 | €89,520 | €107,969 | +€18,449 | +20.6% |
| Amounts receivable within one year | 40/41 | €3,569 | €22 | -€3,547 | -99.4% |
| Other amounts receivable | 41 | €3,569 | €22 | -€3,547 | -99.4% |
| Cash at bank and in hand | 54/58 | €85,951 | €107,947 | +€21,996 | +25.6% |
| Total equity and liabilities | 10/49 | €89,520 | €107,969 | +€18,449 | +20.6% |
| Equity | 10/15 | €72,709 | €101,446 | +€28,737 | +39.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €67,709 | €96,446 | +€28,737 | +42.4% |
| Distributable reserves | 133 | €67,709 | €96,446 | +€28,737 | +42.4% |
| Amounts payable | 17/49 | €16,811 | €6,523 | -€10,288 | -61.2% |
| Amounts payable within one year | 42/48 | €16,811 | €6,523 | -€10,288 | -61.2% |
| Taxes, remuneration and social security | 45 | €16,811 | €6,523 | -€10,288 | -61.2% |
| Taxes | 450/3 | €16,811 | €6,523 | -€10,288 | -61.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,542 | €0 | -€2,542 | -100.0% |
| Other operating charges | 640/8 | - | €126 | +€126 | |
| Gross operating margin | 9900 | €86,982 | €34,085 | -€52,898 | -60.8% |
| Operating profit (loss) | 9901 | €84,441 | €33,959 | -€50,482 | -59.8% |
| Financial income | 75/76B | €386 | €2,102 | +€1,716 | +444.1% |
| Recurring financial income | 75 | €386 | €2,102 | +€1,716 | +444.1% |
| Financial charges | 65/66B | €191 | €140 | -€51 | -26.6% |
| Recurring financial charges | 65 | €191 | €140 | -€51 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €84,636 | €35,921 | -€48,715 | -57.6% |
| Income taxes | 67/77 | €16,927 | €7,184 | -€9,743 | -57.6% |
| Profit (loss) for the period | 9904 | €67,709 | €28,737 | -€38,972 | -57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €67,709 | €28,737 | -€38,972 | -57.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.