Subra Consulting: 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.
Subra Consulting
Largest movements
- Cash +€43,876
up €43,876 (+136.6%), from €32,128 to €76,004
mainly Net result for the year (+€42,605) and Receivables after one year (+€2,153)
- Receivables after one year -€2,153
down €2,153 (-7.2%), from €29,741 to €27,588
of which Trade receivables: -€2,057
- Reserves +€42,605
up €42,605 (+114.6%), from €37,163 to €79,768
- Trade debts -€1,671
down €1,671 (-95.4%), from €1,751 to €80
- Gross operating margin +€7,687
up €7,687 (+15.5%), from €49,579 to €57,266
- Taxes +€2,060
up €2,060 (+20.0%), from €10,276 to €12,336
- Financial charges +€805
up €805 (+177.7%), from €453 to €1,258
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 | €65,490 | €107,218 | +€41,728 | +63.7% |
| Fixed assets | 21/28 | €2,093 | €2,379 | +€286 | +13.7% |
| Tangible fixed assets | 22/27 | €2,093 | €2,379 | +€286 | +13.7% |
| Furniture and vehicles | 24 | €2,093 | €2,379 | +€286 | +13.7% |
| Current assets | 29/58 | €63,397 | €104,839 | +€41,442 | +65.4% |
| Amounts receivable after more than one year | 29 | €29,741 | €27,588 | -€2,153 | -7.2% |
| Trade receivables | 290 | €29,645 | €27,588 | -€2,057 | -6.9% |
| Other amounts receivable | 291 | €96 | - | -€96 | |
| Cash at bank and in hand | 54/58 | €32,128 | €76,004 | +€43,876 | +136.6% |
| Deferred charges and accrued income | 490/1 | €1,528 | €1,247 | -€281 | -18.4% |
| Total equity and liabilities | 10/49 | €65,490 | €107,218 | +€41,728 | +63.7% |
| Equity | 10/15 | €42,163 | €84,768 | +€42,605 | +101.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €37,163 | €79,768 | +€42,605 | +114.6% |
| Distributable reserves | 133 | €37,163 | €79,768 | +€42,605 | +114.6% |
| Amounts payable | 17/49 | €23,327 | €22,450 | -€877 | -3.8% |
| Amounts payable within one year | 42/48 | €23,327 | €22,450 | -€877 | -3.8% |
| Trade debts | 44 | €1,751 | €80 | -€1,671 | -95.4% |
| Suppliers | 440/4 | €1,751 | €80 | -€1,671 | -95.4% |
| Taxes, remuneration and social security | 45 | €18,830 | €19,826 | +€996 | +5.3% |
| Taxes | 450/3 | €18,830 | €19,826 | +€996 | +5.3% |
| Other amounts payable | 47/48 | €2,746 | €2,544 | -€202 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,500 | €976 | -€524 | -34.9% |
| Other operating charges | 640/8 | €187 | €91 | -€96 | -51.3% |
| Gross operating margin | 9900 | €49,579 | €57,266 | +€7,687 | +15.5% |
| Operating profit (loss) | 9901 | €47,892 | €56,199 | +€8,307 | +17.3% |
| Financial charges | 65/66B | €453 | €1,258 | +€805 | +177.7% |
| Recurring financial charges | 65 | €453 | €1,258 | +€805 | +177.7% |
| Profit (loss) for the period before taxes | 9903 | €47,439 | €54,941 | +€7,502 | +15.8% |
| Income taxes | 67/77 | €10,276 | €12,336 | +€2,060 | +20.0% |
| Profit (loss) for the period | 9904 | €37,163 | €42,605 | +€5,442 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,163 | €42,605 | +€5,442 | +14.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.