SUBHI: 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.
SUBHI
Largest movements
- Receivables within one year +€8,407
up €8,407 (+59330.5%), from €14 to €8,421
of which Trade receivables: +€8,265
- Tangible fixed assets -€1,687
down €1,687 (-45.4%), from €3,719 to €2,032
of which Plant, machinery and equipment: -€1,320
- Cash +€540
up €540 (+465.5%), from €116 to €656
mainly Other debts (+€7,122) and Depreciation (+€1,687)
- Stocks and contracts +€127
up €127 (+46.0%), from €276 to €403
- Other debts +€7,122
up €7,122 (+184.0%), from €3,871 to €10,993
- Tax, wage and social debts -€396
down €396 (-81.8%), from €483 to €88
- Profit (loss) carried forward +€333
up €333 (+12.0%), from -€2,780 to -€2,447
- Trade debts +€327
up €327 (+59.4%), from €552 to €879
- Other operating charges -€2,030
down €2,030 (-78.4%), from €2,589 to €560
- Gross operating margin +€949
up €949 (+45.8%), from €2,074 to €3,023
- Depreciation +€345
up €345 (+25.7%), from €1,342 to €1,687
- Financial charges -€256
down €256 (-58.3%), from €439 to €183
- Taxes -€223
down €223 (-46.2%), from €483 to €260
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 | €4,126 | €11,513 | +€7,387 | +179.1% |
| Fixed assets | 21/28 | €3,719 | €2,032 | -€1,687 | -45.4% |
| Tangible fixed assets | 22/27 | €3,719 | €2,032 | -€1,687 | -45.4% |
| Plant, machinery and equipment | 23 | €3,169 | €1,849 | -€1,320 | -41.7% |
| Furniture and vehicles | 24 | €550 | €183 | -€367 | -66.7% |
| Current assets | 29/58 | €406 | €9,480 | +€9,074 | +2234.9% |
| Stocks and contracts in progress | 3 | €276 | €403 | +€127 | +46.0% |
| Stocks | 30/36 | €276 | €403 | +€127 | +46.0% |
| Amounts receivable within one year | 40/41 | €14 | €8,421 | +€8,407 | +59330.5% |
| Trade receivables | 40 | - | €8,265 | +€8,265 | |
| Other amounts receivable | 41 | €14 | €156 | +€142 | +1003.0% |
| Cash at bank and in hand | 54/58 | €116 | €656 | +€540 | +465.5% |
| Total equity and liabilities | 10/49 | €4,126 | €11,513 | +€7,387 | +179.1% |
| Equity | 10/15 | -€780 | -€447 | +€333 | +42.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,780 | -€2,447 | +€333 | +12.0% |
| Amounts payable | 17/49 | €4,906 | €11,960 | +€7,054 | +143.8% |
| Amounts payable within one year | 42/48 | €4,906 | €11,960 | +€7,054 | +143.8% |
| Trade debts | 44 | €552 | €879 | +€327 | +59.4% |
| Suppliers | 440/4 | €552 | €879 | +€327 | +59.4% |
| Taxes, remuneration and social security | 45 | €483 | €88 | -€396 | -81.8% |
| Taxes | 450/3 | €483 | €88 | -€396 | -81.8% |
| Other amounts payable | 47/48 | €3,871 | €10,993 | +€7,122 | +184.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,342 | €1,687 | +€345 | +25.7% |
| Other operating charges | 640/8 | €2,589 | €560 | -€2,030 | -78.4% |
| Gross operating margin | 9900 | €2,074 | €3,023 | +€949 | +45.8% |
| Operating profit (loss) | 9901 | -€1,858 | €776 | +€2,634 | |
| Financial charges | 65/66B | €439 | €183 | -€256 | -58.3% |
| Recurring financial charges | 65 | €439 | €183 | -€256 | -58.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,297 | €593 | +€2,890 | |
| Income taxes | 67/77 | €483 | €260 | -€223 | -46.2% |
| Profit (loss) for the period | 9904 | -€2,780 | €333 | +€3,113 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,780 | €333 | +€3,113 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.