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DE SNEEUWUIL: 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.

What changed

DE SNEEUWUIL

BE 0651.816.640
NACE 64.210, Activities of holding companies
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€17,220
2025 · €14,129+€3,091
Equity
€81,298
2025 · €64,911+€16,387
Cash
€49,395
2025 · €74,807-€25,413
Balance sheet total
€124,274
2025 · €164,980-€40,706

Largest movements

2025 to 2026
Assets
  • Cash -€25,413

    down €25,413 (-34.0%), from €74,807 to €49,395

    mainly Other debts (-€50,488) and Tax, wage and social debts (-€5,879)

  • Tangible fixed assets -€11,865

    down €11,865 (-80.9%), from €14,660 to €2,794

  • Receivables within one year -€3,538

    down €3,538 (-4.8%), from €73,739 to €70,201

    of which Trade receivables: -€8,740

Equity and liabilities
  • Other debts -€50,488

    down €50,488 (-75.6%), from €66,765 to €16,277

  • Reserves +€16,387

    up €16,387 (+35.4%), from €46,311 to €62,698

  • Tax, wage and social debts -€5,879

    down €5,879 (-61.5%), from €9,564 to €3,685

    of which Taxes: -€5,879

  • Trade debts +€4,151

    up €4,151 (+81.4%), from €5,100 to €9,250

  • Current portion of long-term debt -€4,011

    down €4,011 (-58.0%), from €6,913 to €2,902

Income statement
  • Depreciation -€7,323

    down €7,323 (-83.1%), from €8,807 to €1,484

  • Taxes -€6,005

    down €6,005 (-50.2%), from €11,963 to €5,959

  • Other operating charges +€4,295

    up €4,295 (+266%), from €1,615 to €5,911

  • Gross operating margin -€3,057

    down €3,057 (-8.1%), from €37,701 to €34,644

  • Financial charges +€2,757

    up €2,757 (+101%), from €2,727 to €5,485

From the 2025 result to the 2026 result

effect on the 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.

Result 2025 €14,129
Gross operating margin -€3,057
Depreciation +€7,323
Other operating charges -€4,295
Financial income -€126
Financial charges -€2,757
Taxes +€6,005
Result 2026 €17,220
raises the resultlowers the result

Derived cash bridge

cash 2025 to 2026

Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€30,083
Investment +€10,381
Financing -€5,711
Cash 2025 €74,807
Net result for the year +€17,220
Depreciation +€1,484
Receivables within one year +€3,538
Deferred charges and accrued income -€110
Trade debts +€4,151
Tax, wage and social debts -€5,879
Other debts -€50,488
Investment in fixed assets (net) +€10,381
Debts after one year -€2,902
Current portion of long-term debt -€4,011
Short-term financial debts +€2,036
Contributions, distributions and other -€833
Cash 2026 €49,395
brings cash intakes cash out
Every line side by side 41 lines
Line Code 2025 2026 Change %
Total assets 20/58 €164,980 €124,274 -€40,706 -24.7%
Fixed assets 21/28 €14,660 €2,794 -€11,865 -80.9%
Tangible fixed assets 22/27 €14,660 €2,794 -€11,865 -80.9%
Furniture and vehicles 24 €14,660 €2,794 -€11,865 -80.9%
Current assets 29/58 €150,320 €121,479 -€28,841 -19.2%
Amounts receivable within one year 40/41 €73,739 €70,201 -€3,538 -4.8%
Trade receivables 40 €33,255 €24,515 -€8,740 -26.3%
Other amounts receivable 41 €40,484 €45,686 +€5,202 +12.8%
Cash at bank and in hand 54/58 €74,807 €49,395 -€25,413 -34.0%
Deferred charges and accrued income 490/1 €1,773 €1,883 +€110 +6.2%
Total equity and liabilities 10/49 €164,980 €124,274 -€40,706 -24.7%
Equity 10/15 €64,911 €81,298 +€16,387 +25.2%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €46,311 €62,698 +€16,387 +35.4%
Distributable reserves 133 €46,311 €62,698 +€16,387 +35.4%
Amounts payable 17/49 €100,069 €42,976 -€57,093 -57.1%
Amounts payable after more than one year 17 €2,902 - -€2,902
Financial debts 170/4 €2,902 - -€2,902
Amounts payable within one year 42/48 €97,167 €42,976 -€54,191 -55.8%
Current portion of amounts payable after more than one year 42 €6,913 €2,902 -€4,011 -58.0%
Financial debts 43 €8,825 €10,861 +€2,036 +23.1%
Credit institutions 430/8 €8,825 €10,861 +€2,036 +23.1%
Trade debts 44 €5,100 €9,250 +€4,151 +81.4%
Suppliers 440/4 €5,100 €9,250 +€4,151 +81.4%
Taxes, remuneration and social security 45 €9,564 €3,685 -€5,879 -61.5%
Taxes 450/3 €8,039 €2,160 -€5,879 -73.1%
Remuneration and social security 454/9 €1,525 €1,525 = 0.0%
Other amounts payable 47/48 €66,765 €16,277 -€50,488 -75.6%
Non-recurring operating income 76A €6,281 - -€6,281
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,807 €1,484 -€7,323 -83.1%
Other operating charges 640/8 €1,615 €5,911 +€4,295 +266%
Gross operating margin 9900 €37,701 €34,644 -€3,057 -8.1%
Operating profit (loss) 9901 €27,278 €27,249 -€30 -0.1%
Financial income 75/76B €1,541 €1,415 -€126 -8.2%
Recurring financial income 75 €1,541 €1,415 -€126 -8.2%
Financial charges 65/66B €2,727 €5,485 +€2,757 +101%
Recurring financial charges 65 €2,727 €5,485 +€2,757 +101%
Profit (loss) for the period before taxes 9903 €26,092 €23,179 -€2,914 -11.2%
Income taxes 67/77 €11,963 €5,959 -€6,005 -50.2%
Profit (loss) for the period 9904 €14,129 €17,220 +€3,091 +21.9%
Profit (loss) for the period to be appropriated 9905 €14,129 €17,220 +€3,091 +21.9%

Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.