sfpc: 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.
sfpc
Largest movements
- Receivables within one year +€229,590
up €229,590 (+157%), from €146,154 to €375,744
- Deferred charges and accrued income -€96,036
down €96,036 (-85.4%), from €112,449 to €16,413
- Cash +€5,297
up €5,297 (+99.0%), from €5,352 to €10,648
mainly Net result for the year (+€99,883) and Deferred charges and accrued income (+€96,036)
- Reserves +€183,066
new in 2023: €183,066
- Profit (loss) carried forward -€83,183
down €83,183 (-45.4%), from €183,066 to €99,883
- Tax, wage and social debts +€39,463
up €39,463 (+67.8%), from €58,178 to €97,641
- Gross operating margin -€11,060
down €11,060 (-8.4%), from €132,373 to €121,313
- Financial income +€3,970
up €3,970 (+31.9%), from €12,443 to €16,413
- Other operating charges +€2,265
up €2,265 (+67.2%), from €3,368 to €5,633
From the 2022 result to the 2023 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.
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €264,351 | €402,831 | +€138,480 | +52.4% |
| Fixed assets | 21/28 | €396 | €25 | -€371 | -93.6% |
| Tangible fixed assets | 22/27 | €396 | €25 | -€371 | -93.6% |
| Plant, machinery and equipment | 23 | €396 | €25 | -€371 | -93.6% |
| Current assets | 29/58 | €263,955 | €402,805 | +€138,851 | +52.6% |
| Amounts receivable within one year | 40/41 | €146,154 | €375,744 | +€229,590 | +157% |
| Other amounts receivable | 41 | €146,154 | €375,744 | +€229,590 | +157% |
| Cash at bank and in hand | 54/58 | €5,352 | €10,648 | +€5,297 | +99.0% |
| Deferred charges and accrued income | 490/1 | €112,449 | €16,413 | -€96,036 | -85.4% |
| Total equity and liabilities | 10/49 | €264,351 | €402,831 | +€138,480 | +52.4% |
| Equity | 10/15 | €186,066 | €285,948 | +€99,883 | +53.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €183,066 | +€183,066 | |
| Distributable reserves | 133 | - | €183,066 | +€183,066 | |
| Profit (loss) carried forward | 14 | €183,066 | €99,883 | -€83,183 | -45.4% |
| Amounts payable | 17/49 | €78,285 | €116,883 | +€38,597 | +49.3% |
| Amounts payable within one year | 42/48 | €78,285 | €116,883 | +€38,597 | +49.3% |
| Trade debts | 44 | €20,107 | €19,242 | -€866 | -4.3% |
| Suppliers | 440/4 | €20,107 | €19,242 | -€866 | -4.3% |
| Taxes, remuneration and social security | 45 | €58,178 | €97,641 | +€39,463 | +67.8% |
| Taxes | 450/3 | €58,178 | €97,641 | +€39,463 | +67.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €371 | €371 | = | 0.0% |
| Other operating charges | 640/8 | €3,368 | €5,633 | +€2,265 | +67.2% |
| Gross operating margin | 9900 | €132,373 | €121,313 | -€11,060 | -8.4% |
| Operating profit (loss) | 9901 | €128,633 | €115,309 | -€13,324 | -10.4% |
| Financial income | 75/76B | €12,443 | €16,413 | +€3,970 | +31.9% |
| Recurring financial income | 75 | €12,443 | €16,413 | +€3,970 | +31.9% |
| Financial charges | 65/66B | €947 | €344 | -€603 | -63.7% |
| Recurring financial charges | 65 | €947 | €344 | -€603 | -63.7% |
| Profit (loss) for the period before taxes | 9903 | €140,129 | €131,378 | -€8,751 | -6.2% |
| Income taxes | 67/77 | €32,360 | €31,495 | -€865 | -2.7% |
| Profit (loss) for the period | 9904 | €107,769 | €99,883 | -€7,886 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €107,769 | €99,883 | -€7,886 | -7.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.