SFL CONSULTING: 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.
SFL CONSULTING
Largest movements
- Cash +€60,441
up €60,441 (+48.5%), from €124,524 to €184,965
mainly Net result for the year (+€77,494) and Other debts (+€71,749)
- Current investments +€15,000
up €15,000 (+24.2%), from €62,076 to €77,076
- Receivables within one year -€10,831
down €10,831 (-26.1%), from €41,562 to €30,731
of which Trade receivables: -€10,048
- Other debts +€71,749
up €71,749 (+312.7%), from €22,947 to €94,696
- Profit (loss) carried forward -€23,506
down €23,506 (-13.3%), from €177,248 to €153,741
- Tax, wage and social debts +€13,218
up €13,218 (+57.3%), from €23,088 to €36,306
of which Taxes: +€13,200
- Gross operating margin +€17,599
up €17,599 (+21.6%), from €81,527 to €99,126
- Taxes +€3,298
up €3,298 (+20.0%), from €16,517 to €19,815
- Financial charges -€1,288
down €1,288 (-93.2%), from €1,382 to €95
- Financial income -€1,156
down €1,156 (-75.2%), from €1,538 to €382
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 | €231,130 | €293,635 | +€62,506 | +27.0% |
| Fixed assets | 21/28 | €2,967 | €863 | -€2,104 | -70.9% |
| Tangible fixed assets | 22/27 | €2,967 | €863 | -€2,104 | -70.9% |
| Plant, machinery and equipment | 23 | €246 | - | -€246 | |
| Furniture and vehicles | 24 | €1,260 | €102 | -€1,159 | -91.9% |
| Other tangible fixed assets | 26 | €1,461 | €761 | -€700 | -47.9% |
| Current assets | 29/58 | €228,162 | €292,772 | +€64,610 | +28.3% |
| Amounts receivable within one year | 40/41 | €41,562 | €30,731 | -€10,831 | -26.1% |
| Trade receivables | 40 | €40,198 | €30,150 | -€10,048 | -25.0% |
| Other amounts receivable | 41 | €1,364 | €581 | -€783 | -57.4% |
| Current investments | 50/53 | €62,076 | €77,076 | +€15,000 | +24.2% |
| Cash at bank and in hand | 54/58 | €124,524 | €184,965 | +€60,441 | +48.5% |
| Total equity and liabilities | 10/49 | €231,130 | €293,635 | +€62,506 | +27.0% |
| Equity | 10/15 | €182,248 | €158,741 | -€23,506 | -12.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177,248 | €153,741 | -€23,506 | -13.3% |
| Amounts payable | 17/49 | €48,882 | €134,894 | +€86,012 | +176.0% |
| Amounts payable within one year | 42/48 | €48,882 | €134,894 | +€86,012 | +176.0% |
| Trade debts | 44 | €2,847 | €3,892 | +€1,045 | +36.7% |
| Suppliers | 440/4 | €2,847 | €3,892 | +€1,045 | +36.7% |
| Taxes, remuneration and social security | 45 | €23,088 | €36,306 | +€13,218 | +57.3% |
| Taxes | 450/3 | €20,615 | €33,815 | +€13,200 | +64.0% |
| Remuneration and social security | 454/9 | €2,473 | €2,491 | +€18 | +0.7% |
| Other amounts payable | 47/48 | €22,947 | €94,696 | +€71,749 | +312.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,227 | €2,104 | -€123 | -5.5% |
| Gross operating margin | 9900 | €81,527 | €99,126 | +€17,599 | +21.6% |
| Operating profit (loss) | 9901 | €79,300 | €97,021 | +€17,721 | +22.3% |
| Financial income | 75/76B | €1,538 | €382 | -€1,156 | -75.2% |
| Recurring financial income | 75 | €1,538 | €382 | -€1,156 | -75.2% |
| Financial charges | 65/66B | €1,382 | €95 | -€1,288 | -93.2% |
| Recurring financial charges | 65 | €1,382 | €95 | -€1,288 | -93.2% |
| Profit (loss) for the period before taxes | 9903 | €79,455 | €97,308 | +€17,854 | +22.5% |
| Income taxes | 67/77 | €16,517 | €19,815 | +€3,298 | +20.0% |
| Profit (loss) for the period | 9904 | €62,938 | €77,494 | +€14,556 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €62,938 | €77,494 | +€14,556 | +23.1% |
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.