SUBSICO: 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.
SUBSICO
Largest movements
- Cash -€658
down €658 (-39.4%), from €1,668 to €1,010
mainly Net result for the year (-€658)
- Profit (loss) carried forward -€658
down €658 (-206.0%), from -€319 to -€977
- Other operating charges -€163
down €163 (-28.9%), from €562 to €400
- Financial charges +€17
up €17 (+11.1%), from €153 to €170
- Taxes +€3
up €3, from -€3 to €0
- Gross operating margin -€3
down €3 (-3.1%), from -€85 to -€88
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 | €2,054 | €1,397 | -€658 | -32.0% |
| Current assets | 29/58 | €2,054 | €1,397 | -€658 | -32.0% |
| Amounts receivable within one year | 40/41 | €386 | €386 | = | 0.0% |
| Other amounts receivable | 41 | €386 | €386 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,668 | €1,010 | -€658 | -39.4% |
| Total equity and liabilities | 10/49 | €2,054 | €1,397 | -€658 | -32.0% |
| Equity | 10/15 | €1,883 | €1,225 | -€658 | -34.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €202 | €202 | = | 0.0% |
| Distributable reserves | 133 | €202 | €202 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€319 | -€977 | -€658 | -206.0% |
| Amounts payable | 17/49 | €171 | €171 | = | 0.0% |
| Amounts payable within one year | 42/48 | €171 | €171 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €171 | €171 | = | 0.0% |
| Other operating charges | 640/8 | €562 | €400 | -€163 | -28.9% |
| Gross operating margin | 9900 | -€85 | -€88 | -€3 | -3.1% |
| Operating profit (loss) | 9901 | -€647 | -€487 | +€160 | +24.7% |
| Financial charges | 65/66B | €153 | €170 | +€17 | +11.1% |
| Recurring financial charges | 65 | €153 | €170 | +€17 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€801 | -€658 | +€143 | +17.9% |
| Income taxes | 67/77 | -€3 | €0 | +€3 | |
| Profit (loss) for the period | 9904 | -€797 | -€658 | +€140 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€797 | -€658 | +€140 | +17.5% |
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.