SUBHAN MIRZA: 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.
SUBHAN MIRZA
Largest movements
- Tangible fixed assets +€48,435
new in 2024: €48,435
- Stocks and contracts +€15,521
up €15,521 (+50.4%), from €30,807 to €46,328
- Cash +€4,939
up €4,939 (+135.5%), from €3,644 to €8,583
mainly Debts after one year (+€37,494) and Current portion of long-term debt (+€11,861)
- Debts after one year +€37,494
new in 2024: €37,494
- Current portion of long-term debt +€11,861
new in 2024: €11,861
- Trade debts +€7,908
up €7,908 (+28.9%), from €27,350 to €35,258
- Other debts +€5,901
new in 2024: €5,901
- Tax, wage and social debts +€3,732
up €3,732 (+326.4%), from €1,143 to €4,876
of which Remuneration and social security: +€2,014
- Turnover -€407,489
no longer reported in 2024 (was €407,489)
- Purchases and services -€383,889
no longer reported in 2024 (was €383,889)
- Gross operating margin +€9,687
up €9,687 (+41.0%), from €23,600 to €33,287
- Staff costs +€8,189
up €8,189 (+129.7%), from €6,313 to €14,502
- Depreciation +€8,162
new in 2024: €8,162
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 | €38,554 | €106,435 | +€67,881 | +176.1% |
| Fixed assets | 21/28 | - | €48,435 | +€48,435 | |
| Tangible fixed assets | 22/27 | - | €48,435 | +€48,435 | |
| Leasing and similar rights | 25 | - | €48,435 | +€48,435 | |
| Current assets | 29/58 | €38,554 | €58,000 | +€19,446 | +50.4% |
| Stocks and contracts in progress | 3 | €30,807 | €46,328 | +€15,521 | +50.4% |
| Stocks | 30/36 | €30,807 | €46,328 | +€15,521 | +50.4% |
| Amounts receivable within one year | 40/41 | €4,103 | €3,089 | -€1,014 | -24.7% |
| Other amounts receivable | 41 | €4,103 | €3,089 | -€1,014 | -24.7% |
| Cash at bank and in hand | 54/58 | €3,644 | €8,583 | +€4,939 | +135.5% |
| Total equity and liabilities | 10/49 | €38,554 | €106,435 | +€67,881 | +176.1% |
| Equity | 10/15 | €10,061 | €11,045 | +€984 | +9.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,061 | €10,045 | +€984 | +10.9% |
| Amounts payable | 17/49 | €28,493 | €95,391 | +€66,897 | +234.8% |
| Amounts payable after more than one year | 17 | - | €37,494 | +€37,494 | |
| Financial debts | 170/4 | - | €37,494 | +€37,494 | |
| Amounts payable within one year | 42/48 | €28,493 | €57,896 | +€29,403 | +103.2% |
| Current portion of amounts payable after more than one year | 42 | - | €11,861 | +€11,861 | |
| Trade debts | 44 | €27,350 | €35,258 | +€7,908 | +28.9% |
| Suppliers | 440/4 | €27,350 | €35,258 | +€7,908 | +28.9% |
| Taxes, remuneration and social security | 45 | €1,143 | €4,876 | +€3,732 | +326.4% |
| Taxes | 450/3 | - | €1,719 | +€1,719 | |
| Remuneration and social security | 454/9 | €1,143 | €3,157 | +€2,014 | +176.1% |
| Other amounts payable | 47/48 | - | €5,901 | +€5,901 | |
| Turnover | 70 | €407,489 | - | -€407,489 | |
| Non-recurring operating income | 76A | - | €4,280 | +€4,280 | |
| Goods, raw materials, services and sundry goods | 60/61 | €383,889 | - | -€383,889 | |
| Remuneration, social security and pensions | 62 | €6,313 | €14,502 | +€8,189 | +129.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,162 | +€8,162 | |
| Other operating charges | 640/8 | €1,367 | €1,162 | -€205 | -15.0% |
| Gross operating margin | 9900 | €23,600 | €33,287 | +€9,687 | +41.0% |
| Operating profit (loss) | 9901 | €15,920 | €9,461 | -€6,459 | -40.6% |
| Financial charges | 65/66B | €141 | €2,517 | +€2,376 | +1691.3% |
| Recurring financial charges | 65 | €141 | €2,517 | +€2,376 | +1691.3% |
| Profit (loss) for the period before taxes | 9903 | €15,779 | €6,944 | -€8,835 | -56.0% |
| Income taxes | 67/77 | - | €5,961 | +€5,961 | |
| Profit (loss) for the period | 9904 | €15,779 | €984 | -€14,796 | -93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,779 | €984 | -€14,796 | -93.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.