SUBLOGIC: what changed
SUBLOGIC
Largest movements
- Cash +€41,826
up €41,826 (+22.6%), from €184,987 to €226,813
mainly Other debts (+€43,753) and Net result for the year (+€32,834)
- Receivables within one year -€4,663
down €4,663 (-25.8%), from €18,060 to €13,397
of which Other amounts receivable: -€6,850
- Tangible fixed assets +€3,220
up €3,220 (+108%), from €2,984 to €6,204
of which Furniture and vehicles: +€4,209
- Other debts +€43,753
up €43,753 (+149%), from €29,384 to €73,137
- Reserves -€10,313
down €10,313 (-6.4%), from €160,546 to €150,233
- Trade debts +€4,201
up €4,201 (+8,678%), from €48 to €4,250
- Tax, wage and social debts +€2,812
up €2,812 (+23.7%), from €11,877 to €14,689
- Gross operating margin +€1,797
up €1,797 (+3.6%), from €49,248 to €51,044
- Taxes +€749
up €749 (+5.8%), from €12,937 to €13,686
- Financial charges -€541
down €541 (-15.5%), from €3,482 to €2,941
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €208,056 | €248,509 | +€40,453 | +19.4% |
| Fixed assets | 21/28 | €2,984 | €6,204 | +€3,220 | +108% |
| Tangible fixed assets | 22/27 | €2,984 | €6,204 | +€3,220 | +108% |
| Furniture and vehicles | 24 | €29 | €4,238 | +€4,209 | +14,728% |
| Other tangible fixed assets | 26 | €2,955 | €1,966 | -€989 | -33.5% |
| Current assets | 29/58 | €205,072 | €242,305 | +€37,233 | +18.2% |
| Amounts receivable within one year | 40/41 | €18,060 | €13,397 | -€4,663 | -25.8% |
| Trade receivables | 40 | €11,211 | €13,397 | +€2,186 | +19.5% |
| Other amounts receivable | 41 | €6,850 | - | -€6,850 | |
| Cash at bank and in hand | 54/58 | €184,987 | €226,813 | +€41,826 | +22.6% |
| Deferred charges and accrued income | 490/1 | €2,025 | €2,096 | +€71 | +3.5% |
| Total equity and liabilities | 10/49 | €208,056 | €248,509 | +€40,453 | +19.4% |
| Equity | 10/15 | €166,746 | €156,433 | -€10,313 | -6.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €160,546 | €150,233 | -€10,313 | -6.4% |
| Distributable reserves | 133 | €160,546 | €150,233 | -€10,313 | -6.4% |
| Amounts payable | 17/49 | €41,310 | €92,076 | +€50,766 | +123% |
| Amounts payable within one year | 42/48 | €41,310 | €92,076 | +€50,766 | +123% |
| Trade debts | 44 | €48 | €4,250 | +€4,201 | +8,678% |
| Suppliers | 440/4 | €48 | €4,250 | +€4,201 | +8,678% |
| Taxes, remuneration and social security | 45 | €11,877 | €14,689 | +€2,812 | +23.7% |
| Taxes | 450/3 | €11,877 | €14,689 | +€2,812 | +23.7% |
| Other amounts payable | 47/48 | €29,384 | €73,137 | +€43,753 | +149% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,259 | €1,029 | -€230 | -18.2% |
| Other operating charges | 640/8 | €536 | €553 | +€17 | +3.2% |
| Gross operating margin | 9900 | €49,248 | €51,044 | +€1,797 | +3.6% |
| Operating profit (loss) | 9901 | €47,453 | €49,462 | +€2,009 | +4.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,482 | €2,941 | -€541 | -15.5% |
| Recurring financial charges | 65 | €3,482 | €2,941 | -€541 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €43,971 | €46,521 | +€2,550 | +5.8% |
| Income taxes | 67/77 | €12,937 | €13,686 | +€749 | +5.8% |
| Profit (loss) for the period | 9904 | €31,034 | €32,834 | +€1,800 | +5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,034 | €32,834 | +€1,800 | +5.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.