SFJ VAN EECKHOUDT: what changed
SFJ VAN EECKHOUDT
Largest movements
- Cash -€204,913
down €204,913 (-91.7%), from €223,426 to €18,514
mainly Contributions, distributions and other (-€300,000) and Receivables within one year (-€36,071)
- Receivables within one year +€36,071
up €36,071 (+35.5%), from €101,647 to €137,719
- Tangible fixed assets -€4,369
down €4,369 (-45.4%), from €9,613 to €5,244
- Reserves -€171,174
down €171,174 (-52.9%), from €323,584 to €152,410
- Depreciation -€26,332
down €26,332 (-85.8%), from €30,701 to €4,369
- Gross operating margin +€24,860
up €24,860 (+17.6%), from €141,088 to €165,948
- Taxes +€11,429
up €11,429 (+51.2%), from €22,316 to €33,746
- Financial charges +€1,928
up €1,928 (+14.1%), from €13,631 to €15,559
- Financial income +€1,677
up €1,677 (+10.6%), from €15,781 to €17,458
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 | €346,371 | €173,040 | -€173,331 | -50.0% |
| Fixed assets | 21/28 | €21,297 | €16,808 | -€4,490 | -21.1% |
| Tangible fixed assets | 22/27 | €9,613 | €5,244 | -€4,369 | -45.4% |
| Furniture and vehicles | 24 | €9,613 | €5,244 | -€4,369 | -45.4% |
| Financial fixed assets | 28 | €11,685 | €11,564 | -€121 | -1.0% |
| Current assets | 29/58 | €325,074 | €156,232 | -€168,841 | -51.9% |
| Amounts receivable within one year | 40/41 | €101,647 | €137,719 | +€36,071 | +35.5% |
| Other amounts receivable | 41 | €101,647 | €137,719 | +€36,071 | +35.5% |
| Cash at bank and in hand | 54/58 | €223,426 | €18,514 | -€204,913 | -91.7% |
| Total equity and liabilities | 10/49 | €346,371 | €173,040 | -€173,331 | -50.0% |
| Equity | 10/15 | €323,684 | €152,510 | -€171,174 | -52.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €323,584 | €152,410 | -€171,174 | -52.9% |
| Distributable reserves | 133 | €323,584 | €152,410 | -€171,174 | -52.9% |
| Amounts payable | 17/49 | €22,687 | €20,530 | -€2,157 | -9.5% |
| Amounts payable within one year | 42/48 | €19,487 | €17,330 | -€2,157 | -11.1% |
| Taxes, remuneration and social security | 45 | €19,487 | €17,330 | -€2,157 | -11.1% |
| Taxes | 450/3 | €19,487 | €17,330 | -€2,157 | -11.1% |
| Accrued charges and deferred income | 492/3 | €3,200 | €3,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,701 | €4,369 | -€26,332 | -85.8% |
| Other operating charges | 640/8 | €118 | €907 | +€789 | +669% |
| Gross operating margin | 9900 | €141,088 | €165,948 | +€24,860 | +17.6% |
| Operating profit (loss) | 9901 | €110,269 | €160,672 | +€50,403 | +45.7% |
| Financial income | 75/76B | €15,781 | €17,458 | +€1,677 | +10.6% |
| Recurring financial income | 75 | €15,781 | €17,458 | +€1,677 | +10.6% |
| Financial charges | 65/66B | €13,631 | €15,559 | +€1,928 | +14.1% |
| Recurring financial charges | 65 | €13,631 | €15,559 | +€1,928 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | €112,420 | €162,571 | +€50,152 | +44.6% |
| Income taxes | 67/77 | €22,316 | €33,746 | +€11,429 | +51.2% |
| Profit (loss) for the period | 9904 | €90,103 | €128,826 | +€38,722 | +43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €90,103 | €128,826 | +€38,722 | +43.0% |
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 2 November 2026 via checked.be.