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
- Receivables within one year -€75,000
down €75,000 (-100.0%), from €75,000 to €0
- Debts after one year +€278,529
up €278,529 (+1380.2%), from €20,180 to €298,709
- Other debts -€249,771
down €249,771 (-99.7%), from €250,453 to €682
- Revaluation surpluses -€140,094
down €140,094 (-13.3%), from €1.1m to €909,906
- Reserves +€140,094
up €140,094 (+267.3%), from €52,415 to €192,509
of which Distributable reserves: +€146,294
- Profit (loss) carried forward -€92,384
down €92,384 (-457.1%), from -€20,211 to -€112,596
- Gross operating margin -€74,195
down €74,195, from €44,527 to -€29,668
- Taxes -€10,117
down €10,117 (-61.9%), from €16,346 to €6,229
- Other operating charges +€1,221
up €1,221 (+12.6%), from €9,669 to €10,890
From the 31-12-2023 result to the 31-12-2024 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 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,419,216 | €1,340,129 | -€79,087 | -5.6% |
| Fixed assets | 21/28 | €1,343,333 | €1,335,372 | -€7,961 | -0.6% |
| Tangible fixed assets | 22/27 | €1,343,333 | €1,335,372 | -€7,961 | -0.6% |
| Land and buildings | 22 | €1,343,333 | €1,335,372 | -€7,961 | -0.6% |
| Current assets | 29/58 | €75,883 | €4,757 | -€71,126 | -93.7% |
| Amounts receivable within one year | 40/41 | €75,000 | €0 | -€75,000 | -100.0% |
| Other amounts receivable | 41 | €75,000 | €0 | -€75,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €0 | €3,835 | +€3,835 | |
| Deferred charges and accrued income | 490/1 | €883 | €923 | +€40 | +4.5% |
| Total equity and liabilities | 10/49 | €1,419,216 | €1,340,129 | -€79,087 | -5.6% |
| Equity | 10/15 | €1,100,804 | €1,008,420 | -€92,384 | -8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €1,050,000 | €909,906 | -€140,094 | -13.3% |
| Reserves | 13 | €52,415 | €192,509 | +€140,094 | +267.3% |
| Non-distributable reserves | 130/1 | €6,200 | €0 | -€6,200 | -100.0% |
| Reserves not available under the articles | 1311 | €6,200 | €0 | -€6,200 | -100.0% |
| Distributable reserves | 133 | €46,215 | €192,509 | +€146,294 | +316.6% |
| Profit (loss) carried forward | 14 | -€20,211 | -€112,596 | -€92,384 | -457.1% |
| Amounts payable | 17/49 | €318,412 | €331,709 | +€13,297 | +4.2% |
| Amounts payable after more than one year | 17 | €20,180 | €298,709 | +€278,529 | +1380.2% |
| Financial debts | 170/4 | €20,180 | €298,709 | +€278,529 | +1380.2% |
| Amounts payable within one year | 42/48 | €298,232 | €33,001 | -€265,231 | -88.9% |
| Current portion of amounts payable after more than one year | 42 | €21,182 | €22,028 | +€846 | +4.0% |
| Financial debts | 43 | €64 | €0 | -€64 | -100.0% |
| Credit institutions | 430/8 | €64 | €0 | -€64 | -100.0% |
| Trade debts | 44 | €6,400 | €4,062 | -€2,338 | -36.5% |
| Suppliers | 440/4 | €6,400 | €4,062 | -€2,338 | -36.5% |
| Taxes, remuneration and social security | 45 | €20,134 | €6,229 | -€13,905 | -69.1% |
| Taxes | 450/3 | €20,134 | €6,229 | -€13,905 | -69.1% |
| Other amounts payable | 47/48 | €250,453 | €682 | -€249,771 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,111 | €43,898 | -€212 | -0.5% |
| Other operating charges | 640/8 | €9,669 | €10,890 | +€1,221 | +12.6% |
| Gross operating margin | 9900 | €44,527 | -€29,668 | -€74,195 | |
| Operating profit (loss) | 9901 | -€9,253 | -€84,457 | -€75,204 | -812.8% |
| Financial income | 75/76B | €0 | €397 | +€397 | |
| Recurring financial income | 75 | €0 | €397 | +€397 | |
| Financial charges | 65/66B | €2,455 | €2,095 | -€360 | -14.6% |
| Recurring financial charges | 65 | €2,455 | €2,095 | -€360 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,708 | -€86,155 | -€74,447 | -635.9% |
| Income taxes | 67/77 | €16,346 | €6,229 | -€10,117 | -61.9% |
| Profit (loss) for the period | 9904 | -€28,054 | -€92,384 | -€64,330 | -229.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,054 | -€92,384 | -€64,330 | -229.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.