Sphinx Experts (0664.790.488): financials and annual accounts

Sphinx Experts

Ostend ·KBO/BCE: BE 0664.790.488

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
Balance sheet: assets
Total assets`20/58`	135,220	128,186	129,665	143,033	28,638	21,291	28,869	7,213	8,752
Fixed assets`21/28`	99,243	108,720	118,198	130,167	10,072	17,653	25,233	-	-
Intangible fixed assets`21`	-	-	-	2,492	4,984	7,475	9,967	-	-
Tangible fixed assets`22/27`	99,243	108,720	118,198	127,675	5,089	10,177	15,266	-	-
Land and buildings`22`	88,293	96,098	103,903	111,708	-	-	-	-	-
Plant, machinery and equipment`23`	3,116	3,575	4,033	4,492	-	-	-	-	-
Furniture and vehicles`24`	7,833	9,047	10,261	11,475	5,089	10,177	15,266	-	-
Current assets`29/58`	35,977	19,466	11,467	12,866	18,566	3,638	3,635	7,213	8,752
Amounts receivable within one year`40/41`	1,094	9,065	9,196	-	2,056	1,812	1,734	744	4,649
Trade receivables`40`	1,094	9,065	9,196	-	-	-	1,734	-	-
Other amounts receivable`41`	-	-	-	-	2,056	1,812	-	744	4,649
Cash at bank and in hand`54/58`	33,125	8,652	1,180	11,102	15,065	383	1,149	6,469	4,103
Deferred charges and accrued income`490/1`	1,758	1,750	1,091	1,763	1,445	1,443	753	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	135,220	128,186	129,665	143,033	28,638	21,291	28,869	7,213	8,752
Equity`10/15`	-32,304	-98,930	-83,803	-61,924	-27,913	-19,974	5,069	4,991	6,436
Contributions`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	-	6,200	6,200
Issued capital`100`	-	-	-	-	-	-	-	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	-	12,400	12,400
Contributions outside capital`11`	-	-	-	-	-	-	18,600	-	-
Share premium`1100/10`	-	-	-	-	-	-	18,600	-	-
Reserves`13`	236	236	236	236	236	236	236	236	236
Legal reserve`130`	-	-	-	-	-	-	-	236	236
Distributable reserves`133`	236	236	236	236	236	236	236	-	-
Profit (loss) carried forward`14`	-51,141	-117,767	-102,639	-80,760	-46,749	-38,810	-13,767	-1,446	-
Amounts payable`17/49`	167,524	227,117	213,467	204,957	56,552	41,264	23,799	2,222	2,315
Amounts payable after more than one year`17`	142,957	149,033	84,954	90,717	-	-	-	-	-
Financial debts`170/4`	142,957	149,033	84,954	90,717	-	-	-	-	-
Amounts payable within one year`42/48`	24,567	78,083	128,513	114,240	56,552	41,264	23,799	2,222	2,315
Current portion of amounts payable after more than one year`42`	6,077	5,921	5,763	5,621	-	-	-	-	-
Trade debts`44`	869	7,751	1,289	748	67	2,016	234	2,222	2,222
Suppliers`440/4`	869	7,751	1,289	748	67	2,016	234	2,222	2,222
Taxes, remuneration and social security`45`	9,766	3,566	3,180	830	568	317	823	-	93
Taxes`450/3`	9,766	3,566	3,180	830	568	317	823	-	93
Other amounts payable`47/48`	7,855	60,845	118,281	107,041	55,917	38,931	22,743	-	-
Income statement
Gross operating margin`9900`	84,055	1,379	-1,265	-13,020	1,309	-16,301	-4,659	-1,406	4,467
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	9,478	9,478	11,969	13,706	7,580	7,580	7,580	-	1,051
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	-	3,086
Other operating charges`640/8`	5,370	4,269	5,835	4,880	1,352	779	2,312	-	-
Operating profit (loss)`9901`	69,208	-12,368	-19,070	-31,606	-7,624	-24,660	-14,552	-1,406	330
Financial income`75/76B`	0	3	39	10	15	-	2,511	-	-
Recurring financial income`75`	0	3	39	10	15	-	2,511	-	-
Financial charges`65/66B`	2,330	2,519	2,617	2,198	79	65	205	39	-
Recurring financial charges`65`	2,330	2,519	2,617	2,198	79	65	205	39	-
Profit (loss) for the period before taxes`9903`	66,878	-14,884	-21,647	-33,794	-7,689	-24,726	-12,246	-1,446	330
Income taxes`67/77`	252	244	231	217	250	317	76	-	93
Profit (loss) for the period`9904`	66,626	-15,128	-21,879	-34,011	-7,939	-25,043	-12,321	-1,446	236
Profit (loss) for the period to be appropriated`9905`	66,626	-15,128	-21,879	-34,011	-7,939	-25,043	-12,321	-1,446	236
Appropriation of the result
Profit (loss) to be appropriated`9906`	-51,141	-117,767	-102,639	-80,760	-46,749	-38,810	-13,767	-1,446	236
Profit (loss) brought forward from the previous period`14P`	-117,767	-102,639	-80,760	-46,749	-38,810	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	236
To the legal reserve`6920`	-	-	-	-	-	-	-	-	236
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	26-06-2026	2026-00205458	PDF
31-12-2024	micro format	30-06-2025	2025-00208565	PDF
31-12-2023	micro format	07-07-2024	2024-00217483	PDF
31-12-2022	micro format	23-06-2023	2023-00151769	PDF
31-12-2021	micro format	29-06-2022	2022-20106522	PDF
31-12-2020	micro format	02-07-2021	2021-29800179	PDF
31-12-2019	micro format	29-06-2020	2020-22900315	PDF
31-12-2018	micro format	01-07-2019	2019-26600569	PDF
31-12-2017	micro format	26-07-2018	2018-38600308	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
EBITDA	78,686	-2,890	-7,100	-17,900	-44	-17,080	-6,971	-	1,380
Cash flow	76,104	-5,650	-9,909	-20,305	-359	-17,463	-4,741	-	1,287
Investment in fixed assets (approximation)	0	0	0	133,800	0	0	32,814	-	-
Change in cash	24,473	7,472	-9,923	-3,962	14,682	-766	-5,320	2,366	-
Working capital	11,410	-58,617	-117,046	-101,374	-37,985	-37,627	-20,164	4,991	6,436
Solvency	-23.9%	-77.2%	-64.6%	-43.3%	-97.5%	-93.8%	17.6%	69.2%	73.5%
Current ratio	1.46	0.25	0.09	0.11	0.33	0.09	0.15	3.25	3.78
Debt to equity	-	-	-	-	-	-	4.69	0.45	0.36
ROE	-	-	-	-	-	-	-243.1%	-29.0%	3.7%
ROA	49.3%	-11.8%	-16.9%	-23.8%	-27.7%	-117.6%	-42.7%	-20.0%	2.7%
Interest coverage	33.77	-1.15	-2.71	-8.14	-0.55	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	-	€133,800	-
Depreciation and write-downs of the year	€9,478	€9,478	€11,969	€13,706	€7,580

Sphinx Experts

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency-23.9%

Current ratio1.46

Return on assets49.3%

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022, 1 entry, €60 awarded, €60 paid

Key figures and ratios

Investments

Insights on Sphinx Experts

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