SF TRADE: what changed
Two financial 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 TRADE
Largest movements
- Receivables within one year +€19,264
up €19,264 (+392%), from €4,912 to €24,176
- Cash -€16,969
down €16,969 (-68.6%), from €24,735 to €7,766
mainly Other debts (-€31,160) and Receivables within one year (-€19,264)
- Other debts -€31,160
down €31,160 (-74.3%), from €41,917 to €10,757
- Trade debts +€15,526
up €15,526 (+1,096%), from €1,416 to €16,942
- Profit (loss) carried forward +€12,936
up €12,936, from -€5,011 to €7,925
- Tax, wage and social debts +€5,219
up €5,219 (+68.0%), from €7,674 to €12,893
of which Taxes: +€5,219
- Gross operating margin +€18,103
up €18,103 (+870%), from €2,080 to €20,183
- Other operating charges +€3,283
up €3,283 (+393%), from €835 to €4,118
- Taxes +€3,030
new in 2024: €3,030
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,996 | €66,517 | +€2,521 | +3.9% |
| Fixed assets | 21/28 | €2,224 | €2,224 | = | 0.0% |
| Financial fixed assets | 28 | €2,224 | €2,224 | = | 0.0% |
| Current assets | 29/58 | €61,772 | €64,293 | +€2,521 | +4.1% |
| Stocks and contracts in progress | 3 | €32,125 | €32,350 | +€225 | +0.7% |
| Stocks | 30/36 | €32,125 | €32,350 | +€225 | +0.7% |
| Amounts receivable within one year | 40/41 | €4,912 | €24,176 | +€19,264 | +392% |
| Trade receivables | 40 | €4,912 | €24,176 | +€19,264 | +392% |
| Cash at bank and in hand | 54/58 | €24,735 | €7,766 | -€16,969 | -68.6% |
| Total equity and liabilities | 10/49 | €63,996 | €66,517 | +€2,521 | +3.9% |
| Equity | 10/15 | €12,989 | €25,925 | +€12,936 | +99.6% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,011 | €7,925 | +€12,936 | |
| Amounts payable | 17/49 | €51,007 | €40,592 | -€10,415 | -20.4% |
| Amounts payable within one year | 42/48 | €51,007 | €40,592 | -€10,415 | -20.4% |
| Trade debts | 44 | €1,416 | €16,942 | +€15,526 | +1,096% |
| Suppliers | 440/4 | €1,416 | €16,942 | +€15,526 | +1,096% |
| Taxes, remuneration and social security | 45 | €7,674 | €12,893 | +€5,219 | +68.0% |
| Taxes | 450/3 | €2,674 | €7,893 | +€5,219 | +195% |
| Remuneration and social security | 454/9 | €5,000 | €5,000 | = | 0.0% |
| Other amounts payable | 47/48 | €41,917 | €10,757 | -€31,160 | -74.3% |
| Other operating charges | 640/8 | €835 | €4,118 | +€3,283 | +393% |
| Gross operating margin | 9900 | €2,080 | €20,183 | +€18,103 | +870% |
| Operating profit (loss) | 9901 | €1,245 | €16,065 | +€14,820 | +1,190% |
| Financial income | 75/76B | €4 | €21 | +€17 | +414% |
| Recurring financial income | 75 | €4 | €21 | +€17 | +414% |
| Financial charges | 65/66B | €93 | €120 | +€27 | +29.0% |
| Recurring financial charges | 65 | €93 | €120 | +€27 | +29.0% |
| Profit (loss) for the period before taxes | 9903 | €1,156 | €15,966 | +€14,809 | +1,281% |
| Income taxes | 67/77 | - | €3,030 | +€3,030 | |
| Profit (loss) for the period | 9904 | €1,156 | €12,936 | +€11,779 | +1,019% |
| Profit (loss) for the period to be appropriated | 9905 | €1,156 | €12,936 | +€11,779 | +1,019% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.