SBFISC: what changed
Two fiscal 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.
SBFISC
Largest movements
- Receivables within one year -€12,832
down €12,832 (-39.2%), from €32,728 to €19,896
of which Trade receivables: -€9,319
- Cash +€7,937
up €7,937 (+103.1%), from €7,702 to €15,639
mainly Receivables within one year (+€12,832) and Current portion of long-term debt (+€10,095)
- Tangible fixed assets -€6,252
down €6,252 (-29.9%), from €20,901 to €14,649
of which Furniture and vehicles: -€6,128
- Reserves -€12,919
down €12,919 (-60.2%), from €21,469 to €8,549
- Debts after one year -€12,261
down €12,261 (-55.1%), from €22,261 to €10,000
- Current portion of long-term debt +€10,095
up €10,095 (+466.2%), from €2,165 to €12,261
- Other debts +€6,256
up €6,256 (+11532.2%), from €54 to €6,310
- Tax, wage and social debts -€1,928
down €1,928 (-17.5%), from €11,010 to €9,082
of which Taxes: -€1,808
- Gross operating margin +€15,709
up €15,709 (+205.6%), from €7,641 to €23,350
- Taxes +€3,685
up €3,685 (+750.9%), from €491 to €4,176
- Depreciation +€756
up €756 (+11.2%), from €6,729 to €7,485
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 | €62,636 | €51,547 | -€11,089 | -17.7% |
| Fixed assets | 21/28 | €20,901 | €14,649 | -€6,252 | -29.9% |
| Tangible fixed assets | 22/27 | €20,901 | €14,649 | -€6,252 | -29.9% |
| Land and buildings | 22 | €831 | €708 | -€124 | -14.9% |
| Furniture and vehicles | 24 | €20,070 | €13,941 | -€6,128 | -30.5% |
| Current assets | 29/58 | €41,734 | €36,898 | -€4,837 | -11.6% |
| Amounts receivable within one year | 40/41 | €32,728 | €19,896 | -€12,832 | -39.2% |
| Trade receivables | 40 | €29,204 | €19,885 | -€9,319 | -31.9% |
| Other amounts receivable | 41 | €3,524 | €11 | -€3,513 | -99.7% |
| Cash at bank and in hand | 54/58 | €7,702 | €15,639 | +€7,937 | +103.1% |
| Deferred charges and accrued income | 490/1 | €1,304 | €1,362 | +€58 | +4.5% |
| Total equity and liabilities | 10/49 | €62,636 | €51,547 | -€11,089 | -17.7% |
| Equity | 10/15 | €25,226 | €13,549 | -€11,676 | -46.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €21,469 | €8,549 | -€12,919 | -60.2% |
| Distributable reserves | 133 | €21,469 | €8,549 | -€12,919 | -60.2% |
| Profit (loss) carried forward | 14 | -€1,243 | - | +€1,243 | |
| Amounts payable | 17/49 | €37,410 | €37,997 | +€588 | +1.6% |
| Amounts payable after more than one year | 17 | €22,261 | €10,000 | -€12,261 | -55.1% |
| Financial debts | 170/4 | €22,261 | €10,000 | -€12,261 | -55.1% |
| Amounts payable within one year | 42/48 | €15,149 | €27,997 | +€12,848 | +84.8% |
| Current portion of amounts payable after more than one year | 42 | €2,165 | €12,261 | +€10,095 | +466.2% |
| Trade debts | 44 | €1,920 | €345 | -€1,575 | -82.0% |
| Suppliers | 440/4 | €1,920 | €345 | -€1,575 | -82.0% |
| Taxes, remuneration and social security | 45 | €11,010 | €9,082 | -€1,928 | -17.5% |
| Taxes | 450/3 | €10,890 | €9,082 | -€1,808 | -16.6% |
| Remuneration and social security | 454/9 | €120 | - | -€120 | |
| Other amounts payable | 47/48 | €54 | €6,310 | +€6,256 | +11532.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,729 | €7,485 | +€756 | +11.2% |
| Other operating charges | 640/8 | €561 | €630 | +€69 | +12.3% |
| Gross operating margin | 9900 | €7,641 | €23,350 | +€15,709 | +205.6% |
| Operating profit (loss) | 9901 | €350 | €15,234 | +€14,884 | +4246.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -80.5% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -80.5% |
| Financial charges | 65/66B | €1,103 | €1,266 | +€163 | +14.7% |
| Recurring financial charges | 65 | €1,103 | €1,266 | +€163 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | -€752 | €13,968 | +€14,721 | |
| Income taxes | 67/77 | €491 | €4,176 | +€3,685 | +750.9% |
| Profit (loss) for the period | 9904 | -€1,243 | €9,792 | +€11,035 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,243 | €9,792 | +€11,035 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.