SFAIRA: 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.
SFAIRA
Largest movements
- Cash -€4,541
down €4,541 (-40.1%), from €11,320 to €6,779
mainly Other debts (-€4,234) and Net result for the year (-€1,418)
- Deferred charges and accrued income +€310
up €310 (+1650.7%), from €19 to €329
- Other debts -€4,234
down €4,234 (-29.3%), from €14,449 to €10,215
- Profit (loss) carried forward -€1,418
down €1,418 (-8.4%), from -€16,833 to -€18,251
- Trade debts +€1,036
up €1,036 (+256.6%), from €404 to €1,439
- Tax, wage and social debts +€735
new in 2025: €735
- Gross operating margin +€1,270
up €1,270, from -€1,143 to €127
- Other operating charges +€769
up €769 (+99.5%), from €774 to €1,543
- Financial income +€170
new in 2025: €170
- Financial charges +€127
up €127 (+281.8%), from €45 to €172
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 | €18,470 | €14,590 | -€3,881 | -21.0% |
| Fixed assets | 21/28 | €6,977 | €6,977 | = | 0.0% |
| Tangible fixed assets | 22/27 | €6,977 | €6,977 | = | 0.0% |
| Furniture and vehicles | 24 | €6,977 | €6,977 | = | 0.0% |
| Current assets | 29/58 | €11,493 | €7,613 | -€3,881 | -33.8% |
| Amounts receivable within one year | 40/41 | €154 | €334 | +€179 | +116.1% |
| Other amounts receivable | 41 | €154 | €334 | +€179 | +116.1% |
| Current investments | 50/53 | - | €170 | +€170 | |
| Cash at bank and in hand | 54/58 | €11,320 | €6,779 | -€4,541 | -40.1% |
| Deferred charges and accrued income | 490/1 | €19 | €329 | +€310 | +1650.7% |
| Total equity and liabilities | 10/49 | €18,470 | €14,590 | -€3,881 | -21.0% |
| Equity | 10/15 | €3,618 | €2,201 | -€1,418 | -39.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Other | 1319 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,833 | -€18,251 | -€1,418 | -8.4% |
| Amounts payable | 17/49 | €14,852 | €12,389 | -€2,463 | -16.6% |
| Amounts payable within one year | 42/48 | €14,852 | €12,389 | -€2,463 | -16.6% |
| Trade debts | 44 | €404 | €1,439 | +€1,036 | +256.6% |
| Suppliers | 440/4 | €404 | €1,439 | +€1,036 | +256.6% |
| Taxes, remuneration and social security | 45 | - | €735 | +€735 | |
| Taxes | 450/3 | - | €735 | +€735 | |
| Other amounts payable | 47/48 | €14,449 | €10,215 | -€4,234 | -29.3% |
| Other operating charges | 640/8 | €774 | €1,543 | +€769 | +99.5% |
| Gross operating margin | 9900 | -€1,143 | €127 | +€1,270 | |
| Operating profit (loss) | 9901 | -€1,917 | -€1,416 | +€501 | +26.1% |
| Financial income | 75/76B | - | €170 | +€170 | |
| Recurring financial income | 75 | - | €170 | +€170 | |
| Financial charges | 65/66B | €45 | €172 | +€127 | +281.8% |
| Recurring financial charges | 65 | €45 | €172 | +€127 | +281.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,962 | -€1,418 | +€544 | +27.7% |
| Profit (loss) for the period | 9904 | -€1,962 | -€1,418 | +€544 | +27.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,962 | -€1,418 | +€544 | +27.7% |
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 8 October 2026 via checked.be.