SF GROUP: 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.
SF GROUP
Largest movements
- Receivables within one year +€862
up €862 (+584.2%), from €147 to €1,009
of which Other amounts receivable: +€627
- Trade debts +€900
new in 2023: €900
- Profit (loss) carried forward -€290
down €290 (-3.2%), from -€9,193 to -€9,483
- Tax, wage and social debts +€234
new in 2023: €234
- Short-term financial debts +€17
up €17 (+19.2%), from €90 to €107
- Gross operating margin +€7,394
up €7,394 (+96.4%), from -€7,667 to -€273
- Depreciation -€992
no longer reported in 2023 (was €992)
- Other operating charges -€348
no longer reported in 2023 (was €348)
- Financial charges -€179
down €179 (-91.2%), from €196 to €17
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147 | €1,009 | +€862 | +584.2% |
| Current assets | 29/58 | €147 | €1,009 | +€862 | +584.2% |
| Amounts receivable within one year | 40/41 | €147 | €1,009 | +€862 | +584.2% |
| Trade receivables | 40 | €147 | €382 | +€234 | +158.8% |
| Other amounts receivable | 41 | - | €627 | +€627 | |
| Cash at bank and in hand | 54/58 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €147 | €1,009 | +€862 | +584.2% |
| Equity | 10/15 | -€2,193 | -€2,483 | -€290 | -13.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Outside capital | 11 | €7,000 | - | -€7,000 | |
| Other | 1109/19 | €7,000 | - | -€7,000 | |
| Profit (loss) carried forward | 14 | -€9,193 | -€9,483 | -€290 | -3.2% |
| Amounts payable | 17/49 | €2,340 | €3,492 | +€1,152 | +49.2% |
| Amounts payable within one year | 42/48 | €2,340 | €3,492 | +€1,152 | +49.2% |
| Financial debts | 43 | €90 | €107 | +€17 | +19.2% |
| Credit institutions | 430/8 | €90 | €107 | +€17 | +19.2% |
| Trade debts | 44 | - | €900 | +€900 | |
| Suppliers | 440/4 | - | €900 | +€900 | |
| Taxes, remuneration and social security | 45 | - | €234 | +€234 | |
| Taxes | 450/3 | - | €234 | +€234 | |
| Other amounts payable | 47/48 | €2,250 | €2,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €992 | - | -€992 | |
| Other operating charges | 640/8 | €348 | - | -€348 | |
| Gross operating margin | 9900 | -€7,667 | -€273 | +€7,394 | +96.4% |
| Operating profit (loss) | 9901 | -€9,006 | -€273 | +€8,733 | +97.0% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €196 | €17 | -€179 | -91.2% |
| Recurring financial charges | 65 | €196 | €17 | -€179 | -91.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,193 | -€290 | +€8,903 | +96.8% |
| Profit (loss) for the period | 9904 | -€9,193 | -€290 | +€8,903 | +96.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,193 | -€290 | +€8,903 | +96.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.