SUBLIMMO: 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.
SUBLIMMO
Largest movements
- Stocks and contracts -€242,113
no longer reported in 2025 (was €242,113)
- Receivables within one year +€176,056
up €176,056 (+8576.4%), from €2,053 to €178,109
of which Other amounts receivable: +€178,109
- Other debts -€28,547
no longer reported in 2025 (was €28,547)
- Profit (loss) carried forward -€18,591
down €18,591 (-29.6%), from €62,851 to €44,260
- Trade debts -€10,479
down €10,479 (-79.5%), from €13,180 to €2,701
- Short-term financial debts -€10,300
no longer reported in 2025 (was €10,300)
- Gross operating margin -€118,598
down €118,598, from €107,339 to -€11,259
- Financial charges -€16,759
down €16,759 (-85.7%), from €19,546 to €2,787
- Taxes -€11,591
down €11,591 (-85.0%), from €13,632 to €2,042
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 | €253,882 | €188,006 | -€65,876 | -25.9% |
| Current assets | 29/58 | €253,882 | €188,006 | -€65,876 | -25.9% |
| Stocks and contracts in progress | 3 | €242,113 | - | -€242,113 | |
| Stocks | 30/36 | €242,113 | - | -€242,113 | |
| Amounts receivable within one year | 40/41 | €2,053 | €178,109 | +€176,056 | +8576.4% |
| Trade receivables | 40 | €2,053 | - | -€2,053 | |
| Other amounts receivable | 41 | - | €178,109 | +€178,109 | |
| Cash at bank and in hand | 54/58 | €9,426 | €8,807 | -€619 | -6.6% |
| Deferred charges and accrued income | 490/1 | €290 | €1,090 | +€799 | +275.1% |
| Total equity and liabilities | 10/49 | €253,882 | €188,006 | -€65,876 | -25.9% |
| Equity | 10/15 | €188,222 | €169,631 | -€18,591 | -9.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €63,371 | €63,371 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €57,171 | €57,171 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,851 | €44,260 | -€18,591 | -29.6% |
| Amounts payable | 17/49 | €65,660 | €18,374 | -€47,285 | -72.0% |
| Amounts payable within one year | 42/48 | €65,660 | €18,374 | -€47,285 | -72.0% |
| Financial debts | 43 | €10,300 | - | -€10,300 | |
| Credit institutions | 430/8 | €10,300 | - | -€10,300 | |
| Trade debts | 44 | €13,180 | €2,701 | -€10,479 | -79.5% |
| Suppliers | 440/4 | €13,180 | €2,701 | -€10,479 | -79.5% |
| Taxes, remuneration and social security | 45 | €13,632 | €15,674 | +€2,042 | +15.0% |
| Taxes | 450/3 | €13,632 | €15,674 | +€2,042 | +15.0% |
| Other amounts payable | 47/48 | €28,547 | - | -€28,547 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €419 | - | -€419 | |
| Other operating charges | 640/8 | €3,400 | €2,504 | -€897 | -26.4% |
| Gross operating margin | 9900 | €107,339 | -€11,259 | -€118,598 | |
| Operating profit (loss) | 9901 | €103,521 | -€13,762 | -€117,283 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €19,546 | €2,787 | -€16,759 | -85.7% |
| Recurring financial charges | 65 | €19,546 | €2,787 | -€16,759 | -85.7% |
| Profit (loss) for the period before taxes | 9903 | €83,974 | -€16,550 | -€100,524 | |
| Income taxes | 67/77 | €13,632 | €2,042 | -€11,591 | -85.0% |
| Profit (loss) for the period | 9904 | €70,342 | -€18,591 | -€88,933 | |
| Profit (loss) for the period to be appropriated | 9905 | €70,342 | -€18,591 | -€88,933 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.