SFINX: 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.
SFINX
Largest movements
- Receivables within one year +€6,716
up €6,716 (+175.2%), from €3,832 to €10,548
- Stocks and contracts -€372
down €372 (-16.7%), from €2,229 to €1,857
- Profit (loss) carried forward +€2,631
up €2,631 (+12.6%), from -€20,855 to -€18,223
- Tax, wage and social debts +€2,015
up €2,015 (+113.0%), from €1,783 to €3,798
- Trade debts +€1,438
up €1,438 (+148.1%), from €971 to €2,409
- Accrued charges and deferred income +€713
up €713 (+100.0%), from €713 to €1,427
- Taxes +€1,222
no longer reported in 2025 (was -€1,222)
- Gross operating margin -€611
down €611 (-14.5%), from €4,216 to €3,605
- Staff costs -€103
no longer reported in 2025 (was €103)
- Financial charges +€89
up €89 (+44.7%), from €200 to €289
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 | €25,845 | €32,642 | +€6,798 | +26.3% |
| Fixed assets | 21/28 | €1,859 | €1,859 | = | 0.0% |
| Financial fixed assets | 28 | €1,859 | €1,859 | = | 0.0% |
| Current assets | 29/58 | €23,985 | €30,783 | +€6,798 | +28.3% |
| Amounts receivable after more than one year | 29 | €16,000 | €16,000 | = | 0.0% |
| Other amounts receivable | 291 | €16,000 | €16,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,229 | €1,857 | -€372 | -16.7% |
| Stocks | 30/36 | €2,229 | €1,857 | -€372 | -16.7% |
| Amounts receivable within one year | 40/41 | €3,832 | €10,548 | +€6,716 | +175.2% |
| Other amounts receivable | 41 | €3,832 | €10,548 | +€6,716 | +175.2% |
| Cash at bank and in hand | 54/58 | €775 | €1,001 | +€227 | +29.3% |
| Deferred charges and accrued income | 490/1 | €1,149 | €1,377 | +€227 | +19.8% |
| Total equity and liabilities | 10/49 | €25,845 | €32,642 | +€6,798 | +26.3% |
| Equity | 10/15 | €22,377 | €25,008 | +€2,631 | +11.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €37,035 | €37,035 | = | 0.0% |
| Distributable reserves | 133 | €37,035 | €37,035 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,855 | -€18,223 | +€2,631 | +12.6% |
| Amounts payable | 17/49 | €3,467 | €7,634 | +€4,167 | +120.2% |
| Amounts payable within one year | 42/48 | €2,754 | €6,207 | +€3,453 | +125.4% |
| Trade debts | 44 | €971 | €2,409 | +€1,438 | +148.1% |
| Suppliers | 440/4 | €971 | €2,409 | +€1,438 | +148.1% |
| Taxes, remuneration and social security | 45 | €1,783 | €3,798 | +€2,015 | +113.0% |
| Taxes | 450/3 | €1,783 | €3,798 | +€2,015 | +113.0% |
| Accrued charges and deferred income | 492/3 | €713 | €1,427 | +€713 | +100.0% |
| Remuneration, social security and pensions | 62 | €103 | - | -€103 | |
| Other operating charges | 640/8 | €876 | €900 | +€24 | +2.7% |
| Gross operating margin | 9900 | €4,216 | €3,605 | -€611 | -14.5% |
| Operating profit (loss) | 9901 | €3,237 | €2,705 | -€532 | -16.4% |
| Financial income | 75/76B | €214 | €215 | +€1 | +0.5% |
| Recurring financial income | 75 | €214 | €215 | +€1 | +0.5% |
| Financial charges | 65/66B | €200 | €289 | +€89 | +44.7% |
| Recurring financial charges | 65 | €200 | €289 | +€89 | +44.7% |
| Profit (loss) for the period before taxes | 9903 | €3,251 | €2,631 | -€620 | -19.1% |
| Income taxes | 67/77 | -€1,222 | - | +€1,222 | |
| Profit (loss) for the period | 9904 | €4,473 | €2,631 | -€1,842 | -41.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,473 | €2,631 | -€1,842 | -41.2% |
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 6 October 2026 via checked.be.