SFI 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.
SFI GROUP
Largest movements
- Stocks and contracts -€6,860
down €6,860 (-41.5%), from €16,530 to €9,670
- Receivables within one year +€4,803
up €4,803 (+204.4%), from €2,350 to €7,154
of which Other amounts receivable: +€5,971
- Cash -€4,680
down €4,680 (-89.8%), from €5,209 to €529
mainly Other debts (-€9,252) and Receivables within one year (-€4,803)
- Other debts -€9,252
no longer reported in 2025 (was €9,252)
- Profit (loss) carried forward +€3,991
up €3,991, from -€364 to €3,628
- Tax, wage and social debts -€1,929
down €1,929 (-37.7%), from €5,121 to €3,192
of which Taxes: -€1,246
- Trade debts +€903
up €903 (+13.3%), from €6,767 to €7,671
- Accrued charges and deferred income -€450
no longer reported in 2025 (was €450)
- Staff costs -€5,600
down €5,600 (-72.8%), from €7,691 to €2,091
- Gross operating margin -€4,521
down €4,521 (-32.4%), from €13,952 to €9,432
- Financial charges -€1,900
down €1,900 (-88.0%), from €2,158 to €258
- Taxes +€1,405
up €1,405 (+251.5%), from €559 to €1,964
- Other operating charges -€1,087
down €1,087 (-42.9%), from €2,533 to €1,446
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 | €27,227 | €20,490 | -€6,737 | -24.7% |
| Fixed assets | 21/28 | €3,138 | €3,138 | = | 0.0% |
| Financial fixed assets | 28 | €3,138 | €3,138 | = | 0.0% |
| Current assets | 29/58 | €24,089 | €17,352 | -€6,737 | -28.0% |
| Stocks and contracts in progress | 3 | €16,530 | €9,670 | -€6,860 | -41.5% |
| Stocks | 30/36 | €16,530 | €9,670 | -€6,860 | -41.5% |
| Amounts receivable within one year | 40/41 | €2,350 | €7,154 | +€4,803 | +204.4% |
| Trade receivables | 40 | €1,168 | - | -€1,168 | |
| Other amounts receivable | 41 | €1,182 | €7,154 | +€5,971 | +505.0% |
| Cash at bank and in hand | 54/58 | €5,209 | €529 | -€4,680 | -89.8% |
| Total equity and liabilities | 10/49 | €27,227 | €20,490 | -€6,737 | -24.7% |
| Equity | 10/15 | €5,636 | €9,628 | +€3,991 | +70.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€364 | €3,628 | +€3,991 | |
| Amounts payable | 17/49 | €21,591 | €10,863 | -€10,728 | -49.7% |
| Amounts payable within one year | 42/48 | €21,140 | €10,863 | -€10,278 | -48.6% |
| Trade debts | 44 | €6,767 | €7,671 | +€903 | +13.3% |
| Suppliers | 440/4 | €6,767 | €7,671 | +€903 | +13.3% |
| Taxes, remuneration and social security | 45 | €5,121 | €3,192 | -€1,929 | -37.7% |
| Taxes | 450/3 | €4,438 | €3,192 | -€1,246 | -28.1% |
| Remuneration and social security | 454/9 | €683 | - | -€683 | |
| Other amounts payable | 47/48 | €9,252 | - | -€9,252 | |
| Accrued charges and deferred income | 492/3 | €450 | - | -€450 | |
| Remuneration, social security and pensions | 62 | €7,691 | €2,091 | -€5,600 | -72.8% |
| Other operating charges | 640/8 | €2,533 | €1,446 | -€1,087 | -42.9% |
| Gross operating margin | 9900 | €13,952 | €9,432 | -€4,521 | -32.4% |
| Operating profit (loss) | 9901 | €3,728 | €5,894 | +€2,166 | +58.1% |
| Financial income | 75/76B | - | €319 | +€319 | |
| Recurring financial income | 75 | - | €319 | +€319 | |
| Financial charges | 65/66B | €2,158 | €258 | -€1,900 | -88.0% |
| Recurring financial charges | 65 | €2,158 | €258 | -€1,900 | -88.0% |
| Profit (loss) for the period before taxes | 9903 | €1,570 | €5,955 | +€4,385 | +279.3% |
| Income taxes | 67/77 | €559 | €1,964 | +€1,405 | +251.5% |
| Profit (loss) for the period | 9904 | €1,011 | €3,991 | +€2,980 | +294.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,011 | €3,991 | +€2,980 | +294.7% |
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 12 October 2026 via checked.be.