SPHYNX DEVELOPMENTS AND CONSULTANCY: 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.
SPHYNX DEVELOPMENTS AND CONSULTANCY
Largest movements
- Receivables within one year -€23,141
down €23,141 (-25.1%), from €92,176 to €69,035
of which Trade receivables: -€11,630
- Cash +€2,546
up €2,546 (+76.8%), from €3,316 to €5,862
mainly Receivables within one year (+€23,141) and Contributions, distributions and other (+€6,757)
- Other debts -€23,800
no longer reported in 2025 (was €23,800)
- Tax, wage and social debts -€10,563
down €10,563 (-80.5%), from €13,120 to €2,556
- Profit (loss) carried forward +€7,471
up €7,471 (+174%), from €4,294 to €11,766
- Reserves +€5,765
up €5,765 (+11.0%), from €52,200 to €57,965
of which Distributable reserves: +€5,765
- Gross operating margin +€5,308
up €5,308 (+148%), from €3,583 to €8,891
- Taxes +€401
up €401 (+20.2%), from €1,984 to €2,385
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 | €95,493 | €74,897 | -€20,596 | -21.6% |
| Current assets | 29/58 | €95,493 | €74,897 | -€20,596 | -21.6% |
| Amounts receivable within one year | 40/41 | €92,176 | €69,035 | -€23,141 | -25.1% |
| Trade receivables | 40 | €80,082 | €68,452 | -€11,630 | -14.5% |
| Other amounts receivable | 41 | €12,095 | €583 | -€11,512 | -95.2% |
| Cash at bank and in hand | 54/58 | €3,316 | €5,862 | +€2,546 | +76.8% |
| Total equity and liabilities | 10/49 | €95,493 | €74,897 | -€20,596 | -21.6% |
| Equity | 10/15 | €57,994 | €71,230 | +€13,236 | +22.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €52,200 | €57,965 | +€5,765 | +11.0% |
| Non-distributable reserves | 130/1 | €20,200 | €20,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,200 | €20,200 | = | 0.0% |
| Distributable reserves | 133 | €32,000 | €37,765 | +€5,765 | +18.0% |
| Profit (loss) carried forward | 14 | €4,294 | €11,766 | +€7,471 | +174% |
| Amounts payable | 17/49 | €37,498 | €3,667 | -€33,832 | -90.2% |
| Amounts payable within one year | 42/48 | €37,498 | €3,667 | -€33,832 | -90.2% |
| Trade debts | 44 | €579 | €1,110 | +€531 | +91.8% |
| Suppliers | 440/4 | €579 | €1,110 | +€531 | +91.8% |
| Taxes, remuneration and social security | 45 | €13,120 | €2,556 | -€10,563 | -80.5% |
| Taxes | 450/3 | €13,120 | €2,556 | -€10,563 | -80.5% |
| Other amounts payable | 47/48 | €23,800 | - | -€23,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43 | - | -€43 | |
| Other operating charges | 640/8 | €388 | €458 | +€70 | +18.0% |
| Gross operating margin | 9900 | €3,583 | €8,891 | +€5,308 | +148% |
| Operating profit (loss) | 9901 | €3,153 | €8,433 | +€5,281 | +167% |
| Financial income | 75/76B | €581 | €566 | -€15 | -2.5% |
| Recurring financial income | 75 | €581 | €566 | -€15 | -2.5% |
| Financial charges | 65/66B | €216 | €135 | -€81 | -37.5% |
| Recurring financial charges | 65 | €216 | €135 | -€81 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €3,518 | €8,865 | +€5,347 | +152% |
| Income taxes | 67/77 | €1,984 | €2,385 | +€401 | +20.2% |
| Profit (loss) for the period | 9904 | €1,534 | €6,480 | +€4,946 | +322% |
| Profit (loss) for the period to be appropriated | 9905 | €1,534 | €6,480 | +€4,946 | +322% |
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 16 October 2026 via checked.be.