SFB GROUP: 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.
SFB GROUP
Largest movements
- Tangible fixed assets -€115
no longer reported in 2024 (was €115)
- Other debts +€3,022
up €3,022 (+247.9%), from €1,219 to €4,242
- Tax, wage and social debts -€2,065
down €2,065 (-77.5%), from €2,664 to €599
- Profit (loss) carried forward -€1,015
down €1,015 (-34.4%), from €2,948 to €1,934
- Gross operating margin +€1,835
up €1,835 (+67.1%), from -€2,735 to -€900
- Depreciation -€229
down €229 (-66.7%), from €344 to €115
- Financial charges -€176
no longer reported in 2024 (was €176)
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.
Cash bridge derived
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 | €8,889 | €8,774 | -€115 | -1.3% |
| Fixed assets | 21/28 | €115 | - | -€115 | |
| Tangible fixed assets | 22/27 | €115 | - | -€115 | |
| Furniture and vehicles | 24 | €115 | - | -€115 | |
| Current assets | 29/58 | €8,774 | €8,774 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,774 | €8,774 | = | 0.0% |
| Total equity and liabilities | 10/49 | €8,889 | €8,774 | -€115 | -1.3% |
| Equity | 10/15 | €4,948 | €3,934 | -€1,015 | -20.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,948 | €1,934 | -€1,015 | -34.4% |
| Amounts payable | 17/49 | €3,941 | €4,841 | +€900 | +22.8% |
| Amounts payable within one year | 42/48 | €3,941 | €4,841 | +€900 | +22.8% |
| Trade debts | 44 | €57 | - | -€57 | |
| Suppliers | 440/4 | €57 | - | -€57 | |
| Taxes, remuneration and social security | 45 | €2,664 | €599 | -€2,065 | -77.5% |
| Taxes | 450/3 | €2,664 | €599 | -€2,065 | -77.5% |
| Other amounts payable | 47/48 | €1,219 | €4,242 | +€3,022 | +247.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €344 | €115 | -€229 | -66.7% |
| Gross operating margin | 9900 | -€2,735 | -€900 | +€1,835 | +67.1% |
| Operating profit (loss) | 9901 | -€3,079 | -€1,015 | +€2,064 | +67.0% |
| Financial charges | 65/66B | €176 | - | -€176 | |
| Recurring financial charges | 65 | €176 | - | -€176 | |
| Profit (loss) for the period before taxes | 9903 | -€3,254 | -€1,015 | +€2,240 | +68.8% |
| Profit (loss) for the period | 9904 | -€3,254 | -€1,015 | +€2,240 | +68.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,254 | -€1,015 | +€2,240 | +68.8% |
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 11 October 2026 via checked.be.