SFANJE: 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.
SFANJE
Largest movements
- Cash +€4,556
up €4,556 (+14.1%), from €32,321 to €36,877
mainly Net result for the year (+€4,285) and Receivables within one year (+€3,948)
- Receivables within one year -€3,948
down €3,948 (-79.8%), from €4,950 to €1,002
- Profit (loss) carried forward +€4,285
up €4,285 (+73.3%), from -€5,842 to -€1,557
- Other debts -€2,038
down €2,038 (-7.8%), from €26,000 to €23,962
- Trade debts -€1,688
down €1,688 (-9.9%), from €17,007 to €15,318
- Gross operating margin +€4,691
up €4,691 (+80.9%), from €5,800 to €10,491
- Other operating charges -€4,657
down €4,657 (-49.7%), from €9,378 to €4,721
- Staff costs +€888
up €888 (+199%), from €447 to €1,335
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.
Derived cash bridge
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 | €38,164 | €38,723 | +€559 | +1.5% |
| Current assets | 29/58 | €38,164 | €38,723 | +€559 | +1.5% |
| Stocks and contracts in progress | 3 | €894 | €844 | -€50 | -5.6% |
| Stocks | 30/36 | €894 | €844 | -€50 | -5.6% |
| Amounts receivable within one year | 40/41 | €4,950 | €1,002 | -€3,948 | -79.8% |
| Other amounts receivable | 41 | €4,950 | €1,002 | -€3,948 | -79.8% |
| Cash at bank and in hand | 54/58 | €32,321 | €36,877 | +€4,556 | +14.1% |
| Total equity and liabilities | 10/49 | €38,164 | €38,723 | +€559 | +1.5% |
| Equity | 10/15 | -€4,842 | -€557 | +€4,285 | +88.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,842 | -€1,557 | +€4,285 | +73.3% |
| Amounts payable | 17/49 | €43,007 | €39,280 | -€3,726 | -8.7% |
| Amounts payable within one year | 42/48 | €43,007 | €39,280 | -€3,726 | -8.7% |
| Trade debts | 44 | €17,007 | €15,318 | -€1,688 | -9.9% |
| Suppliers | 440/4 | €17,007 | €15,318 | -€1,688 | -9.9% |
| Other amounts payable | 47/48 | €26,000 | €23,962 | -€2,038 | -7.8% |
| Remuneration, social security and pensions | 62 | €447 | €1,335 | +€888 | +199% |
| Other operating charges | 640/8 | €9,378 | €4,721 | -€4,657 | -49.7% |
| Gross operating margin | 9900 | €5,800 | €10,491 | +€4,691 | +80.9% |
| Operating profit (loss) | 9901 | -€4,025 | €4,435 | +€8,460 | |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,160 | €4,285 | +€8,445 | |
| Profit (loss) for the period | 9904 | -€4,160 | €4,285 | +€8,445 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,160 | €4,285 | +€8,445 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.