SUBRISE: 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.
SUBRISE
Largest movements
- Intangible fixed assets +€153,544
new in 2025: €153,544
- Cash +€25,953
new in 2025: €25,953
mainly Short-term financial debts (+€175,000) and Current investments (+€21,176)
- Current investments -€21,176
no longer reported in 2025 (was €21,176)
- Financial fixed assets +€4,500
new in 2025: €4,500
- Short-term financial debts +€175,000
new in 2025: €175,000
- Profit (loss) carried forward -€22,341
down €22,341 (-54.2%), from -€41,182 to -€63,523
- Other debts +€10,000
new in 2025: €10,000
- Gross operating margin -€11,370
down €11,370 (-182%), from -€6,240 to -€17,610
- Other operating charges -€559
down €559 (-56.0%), from €999 to €440
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.
Derived cash bridge
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 | €21,178 | €184,372 | +€163,194 | +771% |
| Fixed assets | 21/28 | - | €158,044 | +€158,044 | |
| Intangible fixed assets | 21 | - | €153,544 | +€153,544 | |
| Financial fixed assets | 28 | - | €4,500 | +€4,500 | |
| Current assets | 29/58 | €21,178 | €26,327 | +€5,149 | +24.3% |
| Amounts receivable within one year | 40/41 | €2 | €374 | +€372 | +21,147% |
| Other amounts receivable | 41 | €2 | €374 | +€372 | +21,147% |
| Current investments | 50/53 | €21,176 | - | -€21,176 | |
| Cash at bank and in hand | 54/58 | - | €25,953 | +€25,953 | |
| Total equity and liabilities | 10/49 | €21,178 | €184,372 | +€163,194 | +771% |
| Equity | 10/15 | €20,791 | -€1,550 | -€22,341 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €473 | €473 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24 | €24 | = | 0.0% |
| Legal reserve | 130 | €24 | €24 | = | 0.0% |
| Distributable reserves | 133 | €449 | €449 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,182 | -€63,523 | -€22,341 | -54.2% |
| Amounts payable | 17/49 | €387 | €185,921 | +€185,534 | +47,900% |
| Amounts payable within one year | 42/48 | €387 | €185,921 | +€185,534 | +47,900% |
| Financial debts | 43 | - | €175,000 | +€175,000 | |
| Credit institutions | 430/8 | - | €175,000 | +€175,000 | |
| Trade debts | 44 | €387 | €921 | +€534 | +138% |
| Suppliers | 440/4 | €387 | €921 | +€534 | +138% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Other operating charges | 640/8 | €999 | €440 | -€559 | -56.0% |
| Non-recurring operating charges | 66A | €12,734 | - | -€12,734 | |
| Gross operating margin | 9900 | -€6,240 | -€17,610 | -€11,370 | -182% |
| Operating profit (loss) | 9901 | -€19,973 | -€18,049 | +€1,924 | +9.6% |
| Financial income | 75/76B | - | €54 | +€54 | |
| Recurring financial income | 75 | - | €54 | +€54 | |
| Financial charges | 65/66B | €4,216 | €4,345 | +€129 | +3.1% |
| Recurring financial charges | 65 | €4,216 | €4,345 | +€129 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | -€24,189 | -€22,341 | +€1,849 | +7.6% |
| Profit (loss) for the period | 9904 | -€24,189 | -€22,341 | +€1,849 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,189 | -€22,341 | +€1,849 | +7.6% |
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 18 October 2026 via checked.be.