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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.

What changed

Sfinx

BE 0841.690.180
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,322
2024 · -€494-€828
Equity
-€2,178
2024 · -€855-€1,322
Cash
€528
2024 · €573-€45
Balance sheet total
€528
2024 · €573-€45

Largest movements

2024 to 2025
Assets
  • Cash -€45

    down €45 (-7.9%), from €573 to €528

    mainly Net result for the year (-€1,322)

Equity and liabilities
  • Profit (loss) carried forward -€1,322

    down €1,322 (-13.2%), from -€10,055 to -€11,378

  • Other debts +€1,277

    up €1,277 (+89.5%), from €1,428 to €2,705

Income statement
  • Gross operating margin -€828

    down €828 (-213.8%), from -€387 to -€1,215

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€494
Gross operating margin -€828
Result 2025 -€1,322

Cash bridge derived

cash 2024 to 2025

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.

From operations -€45
Investment €0
Financing €0
Cash 2024 €573
Net result for the year -€1,322
Other debts +€1,277
Cash 2025 €528
Every line side by side 19 lines
Line Code 2024 2025 Change %
Total assets 20/58 €573 €528 -€45 -7.9%
Current assets 29/58 €573 €528 -€45 -7.9%
Cash at bank and in hand 54/58 €573 €528 -€45 -7.9%
Total equity and liabilities 10/49 €573 €528 -€45 -7.9%
Equity 10/15 -€855 -€2,178 -€1,322 -154.6%
Contributions 10/11 €9,200 €9,200 = 0.0%
Profit (loss) carried forward 14 -€10,055 -€11,378 -€1,322 -13.2%
Amounts payable 17/49 €1,428 €2,705 +€1,277 +89.5%
Amounts payable within one year 42/48 €1,428 €2,705 +€1,277 +89.5%
Other amounts payable 47/48 €1,428 €2,705 +€1,277 +89.5%
Other operating charges 640/8 €62 €62 = 0.0%
Gross operating margin 9900 -€387 -€1,215 -€828 -213.8%
Operating profit (loss) 9901 -€449 -€1,277 -€828 -184.3%
Financial charges 65/66B €45 €45 = 0.0%
Recurring financial charges 65 €45 €45 = 0.0%
Non-recurring financial charges 66B €0 - =
Profit (loss) for the period before taxes 9903 -€494 -€1,322 -€828 -167.5%
Profit (loss) for the period 9904 -€494 -€1,322 -€828 -167.5%
Profit (loss) for the period to be appropriated 9905 -€494 -€1,322 -€828 -167.5%

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.