SUSTINVEST: what changed
What changed
SUSTINVEST
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€79,220
2023 · €5,382-€84,602
Equity
€4.4m
2023 · €4.5m-€79,220
Cash
€185,641
2023 · €184,497+€1,144
Balance sheet total
€5.5m
2023 · €5.3m+€228,624
Largest movements
Assets
- Financial fixed assets +€284,845
up €284,845 (+9.0%), from €3.2m to €3.4m
Equity and liabilities
- Debts after one year +€300,000
up €300,000 (+37.5%), from €800,000 to €1.1m
- Profit (loss) carried forward -€79,220
down €79,220 (-39.0%), from €203,098 to €123,878
Income statement
- Financial income -€107,768
down €107,768 (-51.0%), from €211,170 to €103,402
- Gross operating margin +€30,340
up €30,340 (+15.4%), from -€197,462 to -€167,123
- Financial charges +€4,736
up €4,736 (+87.4%), from €5,416 to €10,152
- Other operating charges +€2,231
up €2,231 (+173%), from €1,292 to €3,523
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€5,382
Gross operating margin
+€30,340
Depreciation
-€188
Other operating charges
-€2,231
Financial income
-€107,768
Financial charges
-€4,736
Taxes
-€19
Result 2024
-€79,220
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€35,770
Investment
-€263,087
Financing
+€300,000
Cash 2023
€184,497
From operations (derived)
-€35,770
Net result for the year
-€79,220
Depreciation
+€1,218
Receivables after one year
+€50,000
Receivables within one year
-€18,041
Deferred charges and accrued income
+€2,430
Trade debts
+€7,843
Investment (derived)
-€263,087
Investment in fixed assets (net)
-€287,345
Current investments
+€24,258
Financing
+€300,000
Debts after one year
+€300,000
Cash 2024
€185,641
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,260,963 | €5,489,587 | +€228,624 | +4.3% |
| Fixed assets | 21/28 | €3,160,769 | €3,446,896 | +€286,127 | +9.1% |
| Tangible fixed assets | 22/27 | €836 | €2,118 | +€1,282 | +153% |
| Plant, machinery and equipment | 23 | €51 | - | -€51 | |
| Furniture and vehicles | 24 | €785 | €2,118 | +€1,333 | +170% |
| Financial fixed assets | 28 | €3,159,933 | €3,444,778 | +€284,845 | +9.0% |
| Current assets | 29/58 | €2,100,194 | €2,042,691 | -€57,504 | -2.7% |
| Amounts receivable after more than one year | 29 | €116,743 | €66,743 | -€50,000 | -42.8% |
| Other amounts receivable | 291 | €116,743 | €66,743 | -€50,000 | -42.8% |
| Amounts receivable within one year | 40/41 | €24,314 | €42,355 | +€18,041 | +74.2% |
| Trade receivables | 40 | €631 | - | -€631 | |
| Other amounts receivable | 41 | €23,683 | €42,355 | +€18,672 | +78.8% |
| Current investments | 50/53 | €1,750,469 | €1,726,211 | -€24,258 | -1.4% |
| Cash at bank and in hand | 54/58 | €184,497 | €185,641 | +€1,144 | +0.6% |
| Deferred charges and accrued income | 490/1 | €24,170 | €21,740 | -€2,430 | -10.1% |
| Total equity and liabilities | 10/49 | €5,260,963 | €5,489,587 | +€228,624 | +4.3% |
| Equity | 10/15 | €4,460,963 | €4,381,743 | -€79,220 | -1.8% |
| Contributions | 10/11 | €3,900,000 | €3,900,000 | = | 0.0% |
| Reserves | 13 | €357,865 | €357,865 | = | 0.0% |
| Non-distributable reserves | 130/1 | €357,865 | €357,865 | = | 0.0% |
| Reserves not available under the articles | 1311 | €357,865 | €357,865 | = | 0.0% |
| Profit (loss) carried forward | 14 | €203,098 | €123,878 | -€79,220 | -39.0% |
| Amounts payable | 17/49 | €800,000 | €1,107,843 | +€307,843 | +38.5% |
| Amounts payable after more than one year | 17 | €800,000 | €1,100,000 | +€300,000 | +37.5% |
| Financial debts | 170/4 | €800,000 | €1,100,000 | +€300,000 | +37.5% |
| Amounts payable within one year | 42/48 | - | €7,843 | +€7,843 | |
| Trade debts | 44 | - | €7,843 | +€7,843 | |
| Suppliers | 440/4 | - | €7,843 | +€7,843 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,030 | €1,218 | +€188 | +18.2% |
| Other operating charges | 640/8 | €1,292 | €3,523 | +€2,231 | +173% |
| Gross operating margin | 9900 | -€197,462 | -€167,123 | +€30,340 | +15.4% |
| Operating profit (loss) | 9901 | -€199,784 | -€171,863 | +€27,921 | +14.0% |
| Financial income | 75/76B | €211,170 | €103,402 | -€107,768 | -51.0% |
| Recurring financial income | 75 | €211,170 | €103,402 | -€107,768 | -51.0% |
| Financial charges | 65/66B | €5,416 | €10,152 | +€4,736 | +87.4% |
| Recurring financial charges | 65 | €5,416 | €10,152 | +€4,736 | +87.4% |
| Profit (loss) for the period before taxes | 9903 | €5,970 | -€78,613 | -€84,583 | |
| Income taxes | 67/77 | €588 | €607 | +€19 | +3.3% |
| Profit (loss) for the period | 9904 | €5,382 | -€79,220 | -€84,602 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,382 | -€79,220 | -€84,602 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.