SFINX 55: what changed
SFINX 55
Largest movements
- Receivables within one year +€5,973
up €5,973 (+58.8%), from €10,151 to €16,125
of which Other amounts receivable: +€5,986
- Tangible fixed assets -€4,405
down €4,405 (-50.0%), from €8,810 to €4,405
- Deferred charges and accrued income +€1,047
new in 2025: €1,047
- Cash +€577
up €577 (+7.9%), from €7,324 to €7,901
mainly Net result for the year (+€7,991) and Depreciation (+€4,405)
- Profit (loss) carried forward +€8,391
up €8,391 (+78.7%), from €10,658 to €19,049
- Trade debts -€7,269
down €7,269 (-96.4%), from €7,541 to €273
- Tax, wage and social debts +€2,470
up €2,470 (+67.0%), from €3,686 to €6,156
- Reserves -€400
no longer reported in 2025 (was €400)
- Purchases and services -€62,632
no longer reported in 2025 (was €62,632)
- Gross operating margin -€3,991
down €3,991 (-19.3%), from €20,711 to €16,720
- Taxes -€1,216
down €1,216 (-33.0%), from €3,686 to €2,470
- Depreciation -€1,080
down €1,080 (-19.7%), from €5,485 to €4,405
- Other operating charges +€699
up €699 (+162%), from €432 to €1,131
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,285 | €29,477 | +€3,192 | +12.1% |
| Fixed assets | 21/28 | €8,810 | €4,405 | -€4,405 | -50.0% |
| Tangible fixed assets | 22/27 | €8,810 | €4,405 | -€4,405 | -50.0% |
| Furniture and vehicles | 24 | €8,810 | €4,405 | -€4,405 | -50.0% |
| Current assets | 29/58 | €17,475 | €25,072 | +€7,597 | +43.5% |
| Amounts receivable within one year | 40/41 | €10,151 | €16,125 | +€5,973 | +58.8% |
| Trade receivables | 40 | €95 | €82 | -€13 | -13.3% |
| Other amounts receivable | 41 | €10,056 | €16,042 | +€5,986 | +59.5% |
| Cash at bank and in hand | 54/58 | €7,324 | €7,901 | +€577 | +7.9% |
| Deferred charges and accrued income | 490/1 | - | €1,047 | +€1,047 | |
| Total equity and liabilities | 10/49 | €26,285 | €29,477 | +€3,192 | +12.1% |
| Equity | 10/15 | €15,058 | €23,049 | +€7,991 | +53.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | - | -€4,000 | |
| Issued capital | 100 | €4,000 | - | -€4,000 | |
| Reserves | 13 | €400 | - | -€400 | |
| Non-distributable reserves | 130/1 | €400 | - | -€400 | |
| Legal reserve | 130 | €400 | - | -€400 | |
| Profit (loss) carried forward | 14 | €10,658 | €19,049 | +€8,391 | +78.7% |
| Amounts payable | 17/49 | €11,227 | €6,428 | -€4,799 | -42.7% |
| Amounts payable within one year | 42/48 | €11,227 | €6,428 | -€4,799 | -42.7% |
| Trade debts | 44 | €7,541 | €273 | -€7,269 | -96.4% |
| Suppliers | 440/4 | €7,541 | €273 | -€7,269 | -96.4% |
| Taxes, remuneration and social security | 45 | €3,686 | €6,156 | +€2,470 | +67.0% |
| Taxes | 450/3 | €3,686 | €6,156 | +€2,470 | +67.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €62,632 | - | -€62,632 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,485 | €4,405 | -€1,080 | -19.7% |
| Other operating charges | 640/8 | €432 | €1,131 | +€699 | +162% |
| Gross operating margin | 9900 | €20,711 | €16,720 | -€3,991 | -19.3% |
| Operating profit (loss) | 9901 | €14,794 | €11,184 | -€3,609 | -24.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €50 | €724 | +€674 | +1,347% |
| Recurring financial charges | 65 | €50 | €724 | +€674 | +1,347% |
| Profit (loss) for the period before taxes | 9903 | €14,744 | €10,461 | -€4,283 | -29.0% |
| Income taxes | 67/77 | €3,686 | €2,470 | -€1,216 | -33.0% |
| Profit (loss) for the period | 9904 | €11,058 | €7,991 | -€3,067 | -27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,058 | €7,991 | -€3,067 | -27.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.