SFTechnics: 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.
SFTechnics
Largest movements
- Cash -€46,268
down €46,268 (-84.3%), from €54,881 to €8,613
mainly Other debts (-€24,733) and Net result for the year (-€24,389)
- Tangible fixed assets -€8,828
down €8,828 (-49.3%), from €17,903 to €9,076
of which Furniture and vehicles: -€7,684
- Stocks and contracts +€8,709
up €8,709 (+174%), from €5,000 to €13,709
- Receivables within one year -€6,408
down €6,408 (-7.8%), from €82,409 to €76,002
of which Trade receivables: -€6,408
- Deferred charges and accrued income -€4,285
down €4,285 (-96.9%), from €4,422 to €137
- Other debts -€24,733
down €24,733 (-77.8%), from €31,795 to €7,062
- Reserves -€24,389
down €24,389 (-33.6%), from €72,517 to €48,127
- Tax, wage and social debts -€10,681
down €10,681 (-69.6%), from €15,351 to €4,670
of which Taxes: -€7,680
- Trade debts +€1,702
up €1,702 (+6.5%), from €26,353 to €28,055
- Gross operating margin -€99,075
down €99,075 (-92.0%), from €107,715 to €8,640
- Staff costs -€28,750
down €28,750 (-54.3%), from €52,905 to €24,155
- Taxes -€10,597
down €10,597 (-100%), from €10,597 to €0
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.
Derived cash bridge
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 | €164,615 | €107,537 | -€57,078 | -34.7% |
| Fixed assets | 21/28 | €17,903 | €9,076 | -€8,828 | -49.3% |
| Tangible fixed assets | 22/27 | €17,903 | €9,076 | -€8,828 | -49.3% |
| Plant, machinery and equipment | 23 | €1,980 | €837 | -€1,143 | -57.7% |
| Furniture and vehicles | 24 | €15,923 | €8,239 | -€7,684 | -48.3% |
| Current assets | 29/58 | €146,712 | €98,461 | -€48,251 | -32.9% |
| Stocks and contracts in progress | 3 | €5,000 | €13,709 | +€8,709 | +174% |
| Stocks | 30/36 | €5,000 | €13,709 | +€8,709 | +174% |
| Amounts receivable within one year | 40/41 | €82,409 | €76,002 | -€6,408 | -7.8% |
| Trade receivables | 40 | €77,697 | €71,289 | -€6,408 | -8.2% |
| Other amounts receivable | 41 | €4,713 | €4,713 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €54,881 | €8,613 | -€46,268 | -84.3% |
| Deferred charges and accrued income | 490/1 | €4,422 | €137 | -€4,285 | -96.9% |
| Total equity and liabilities | 10/49 | €164,615 | €107,537 | -€57,078 | -34.7% |
| Equity | 10/15 | €91,117 | €66,727 | -€24,389 | -26.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72,517 | €48,127 | -€24,389 | -33.6% |
| Distributable reserves | 133 | €72,517 | €48,127 | -€24,389 | -33.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,499 | €40,810 | -€32,689 | -44.5% |
| Amounts payable within one year | 42/48 | €73,499 | €39,787 | -€33,712 | -45.9% |
| Trade debts | 44 | €26,353 | €28,055 | +€1,702 | +6.5% |
| Suppliers | 440/4 | €26,353 | €28,055 | +€1,702 | +6.5% |
| Taxes, remuneration and social security | 45 | €15,351 | €4,670 | -€10,681 | -69.6% |
| Taxes | 450/3 | €9,070 | €1,390 | -€7,680 | -84.7% |
| Remuneration and social security | 454/9 | €6,281 | €3,280 | -€3,001 | -47.8% |
| Other amounts payable | 47/48 | €31,795 | €7,062 | -€24,733 | -77.8% |
| Accrued charges and deferred income | 492/3 | - | €1,023 | +€1,023 | |
| Remuneration, social security and pensions | 62 | €52,905 | €24,155 | -€28,750 | -54.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,374 | €8,828 | -€546 | -5.8% |
| Other operating charges | 640/8 | €201 | €66 | -€135 | -67.3% |
| Gross operating margin | 9900 | €107,715 | €8,640 | -€99,075 | -92.0% |
| Operating profit (loss) | 9901 | €45,235 | -€24,409 | -€69,644 | |
| Financial income | 75/76B | €123 | €13 | -€110 | -89.8% |
| Recurring financial income | 75 | €123 | €13 | -€110 | -89.8% |
| Financial charges | 65/66B | €50 | -€7 | -€57 | |
| Recurring financial charges | 65 | €50 | -€7 | -€57 | |
| Profit (loss) for the period before taxes | 9903 | €45,307 | -€24,389 | -€69,697 | |
| Income taxes | 67/77 | €10,597 | €0 | -€10,597 | -100% |
| Profit (loss) for the period | 9904 | €34,711 | -€24,389 | -€59,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,711 | -€24,389 | -€59,100 |
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 25 October 2026 via checked.be.