SPHINX ARENDONK: 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.
SPHINX ARENDONK
Largest movements
- Tangible fixed assets +€33,953
up €33,953 (+3,353%), from €1,013 to €34,965
of which Leasing and similar rights: +€34,467
- Cash +€4,585
up €4,585 (+53.9%), from €8,509 to €13,094
mainly Debts after one year (+€20,066) and Net result for the year (+€9,049)
- Deferred charges and accrued income +€1,093
new in 2025: €1,093
- Stocks and contracts +€562
up €562 (+28.7%), from €1,957 to €2,519
- Debts after one year +€20,066
new in 2025: €20,066
- Reserves +€8,000
up €8,000 (+430%), from €1,860 to €9,860
of which Distributable reserves: +€8,000
- Current portion of long-term debt +€4,941
new in 2025: €4,941
- Other debts +€2,893
up €2,893 (+3,786%), from €76 to €2,969
- Tax, wage and social debts +€1,823
up €1,823 (+805%), from €227 to €2,049
- Gross operating margin +€7,651
up €7,651 (+152%), from €5,033 to €12,684
- Financial income +€3,312
up €3,312 (+28,555%), from €12 to €3,324
of which Non-recurring financial income: +€3,306
- Depreciation +€2,198
up €2,198 (+358%), from €614 to €2,812
- Taxes +€2,179
new in 2025: €2,179
- Other operating charges +€692
up €692 (+96.3%), from €719 to €1,411
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 | €12,055 | €51,943 | +€39,888 | +331% |
| Fixed assets | 21/28 | €1,013 | €34,965 | +€33,953 | +3,353% |
| Tangible fixed assets | 22/27 | €1,013 | €34,965 | +€33,953 | +3,353% |
| Plant, machinery and equipment | 23 | €1,013 | €498 | -€514 | -50.8% |
| Leasing and similar rights | 25 | - | €34,467 | +€34,467 | |
| Current assets | 29/58 | €11,042 | €16,978 | +€5,935 | +53.7% |
| Stocks and contracts in progress | 3 | €1,957 | €2,519 | +€562 | +28.7% |
| Stocks | 30/36 | €1,957 | €2,519 | +€562 | +28.7% |
| Amounts receivable within one year | 40/41 | €577 | €272 | -€305 | -52.8% |
| Trade receivables | 40 | €577 | €272 | -€305 | -52.8% |
| Cash at bank and in hand | 54/58 | €8,509 | €13,094 | +€4,585 | +53.9% |
| Deferred charges and accrued income | 490/1 | - | €1,093 | +€1,093 | |
| Total equity and liabilities | 10/49 | €12,055 | €51,943 | +€39,888 | +331% |
| Equity | 10/15 | €10,315 | €19,365 | +€9,049 | +87.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €9,860 | +€8,000 | +430% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €8,000 | +€8,000 | |
| Profit (loss) carried forward | 14 | €2,255 | €3,305 | +€1,049 | +46.5% |
| Amounts payable | 17/49 | €1,740 | €32,578 | +€30,838 | +1,773% |
| Amounts payable after more than one year | 17 | - | €20,066 | +€20,066 | |
| Financial debts | 170/4 | - | €20,066 | +€20,066 | |
| Amounts payable within one year | 42/48 | €1,740 | €12,512 | +€10,772 | +619% |
| Current portion of amounts payable after more than one year | 42 | - | €4,941 | +€4,941 | |
| Trade debts | 44 | €1,437 | €2,553 | +€1,116 | +77.7% |
| Suppliers | 440/4 | €1,437 | €2,553 | +€1,116 | +77.7% |
| Taxes, remuneration and social security | 45 | €227 | €2,049 | +€1,823 | +805% |
| Taxes | 450/3 | €227 | €2,049 | +€1,823 | +805% |
| Other amounts payable | 47/48 | €76 | €2,969 | +€2,893 | +3,786% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €614 | €2,812 | +€2,198 | +358% |
| Other operating charges | 640/8 | €719 | €1,411 | +€692 | +96.3% |
| Gross operating margin | 9900 | €5,033 | €12,684 | +€7,651 | +152% |
| Operating profit (loss) | 9901 | €3,700 | €8,461 | +€4,761 | +129% |
| Financial income | 75/76B | €12 | €3,324 | +€3,312 | +28,555% |
| Recurring financial income | 75 | €12 | €18 | +€7 | +57.0% |
| Non-recurring financial income | 76B | - | €3,306 | +€3,306 | |
| Financial charges | 65/66B | €179 | €557 | +€378 | +211% |
| Recurring financial charges | 65 | €179 | €557 | +€378 | +211% |
| Profit (loss) for the period before taxes | 9903 | €3,533 | €11,228 | +€7,696 | +218% |
| Income taxes | 67/77 | - | €2,179 | +€2,179 | |
| Profit (loss) for the period | 9904 | €3,533 | €9,049 | +€5,517 | +156% |
| Profit (loss) for the period to be appropriated | 9905 | €3,533 | €9,049 | +€5,517 | +156% |
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.