Dr SNS: 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.
Dr SNS
Largest movements
- Current investments +€236,170
up €236,170 (+40.8%), from €578,212 to €814,381
- Cash -€21,749
down €21,749 (-19.5%), from €111,646 to €89,897
mainly Current investments (-€236,170) and Contributions, distributions and other (-€191,303)
- Tangible fixed assets -€18,067
down €18,067 (-30.5%), from €59,305 to €41,238
of which Other tangible fixed assets: -€15,895
- Reserves +€162,636
up €162,636 (+18.2%), from €892,255 to €1.1m
- Tax, wage and social debts +€65,583
up €65,583 (+154.5%), from €42,460 to €108,042
of which Taxes: +€65,583
- Other debts -€39,570
down €39,570 (-100.0%), from €39,570 to €0
- Gross operating margin +€73,554
up €73,554 (+19.4%), from €378,374 to €451,928
- Financial income +€72,809
up €72,809 (+494.0%), from €14,737 to €87,547
- Taxes +€37,513
up €37,513 (+31.4%), from €119,549 to €157,063
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.
Cash bridge derived
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 | €985,644 | €1,181,239 | +€195,595 | +19.8% |
| Fixed assets | 21/28 | €59,305 | €41,238 | -€18,067 | -30.5% |
| Tangible fixed assets | 22/27 | €59,305 | €41,238 | -€18,067 | -30.5% |
| Plant, machinery and equipment | 23 | €2,022 | €1,516 | -€505 | -25.0% |
| Furniture and vehicles | 24 | €4,412 | €2,745 | -€1,667 | -37.8% |
| Other tangible fixed assets | 26 | €52,871 | €36,977 | -€15,895 | -30.1% |
| Current assets | 29/58 | €926,339 | €1,140,002 | +€213,662 | +23.1% |
| Amounts receivable within one year | 40/41 | - | €1,192 | +€1,192 | |
| Other amounts receivable | 41 | - | €1,192 | +€1,192 | |
| Current investments | 50/53 | €578,212 | €814,381 | +€236,170 | +40.8% |
| Cash at bank and in hand | 54/58 | €111,646 | €89,897 | -€21,749 | -19.5% |
| Deferred charges and accrued income | 490/1 | €236,481 | €234,531 | -€1,950 | -0.8% |
| Total equity and liabilities | 10/49 | €985,644 | €1,181,239 | +€195,595 | +19.8% |
| Equity | 10/15 | €894,755 | €1,057,391 | +€162,636 | +18.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €892,255 | €1,054,891 | +€162,636 | +18.2% |
| Distributable reserves | 133 | €892,255 | €1,054,891 | +€162,636 | +18.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €90,890 | €123,849 | +€32,959 | +36.3% |
| Amounts payable within one year | 42/48 | €88,208 | €115,833 | +€27,625 | +31.3% |
| Trade debts | 44 | €6,179 | €7,791 | +€1,612 | +26.1% |
| Suppliers | 440/4 | €6,179 | €7,791 | +€1,612 | +26.1% |
| Taxes, remuneration and social security | 45 | €42,460 | €108,042 | +€65,583 | +154.5% |
| Taxes | 450/3 | €40,860 | €106,442 | +€65,583 | +160.5% |
| Remuneration and social security | 454/9 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 47/48 | €39,570 | €0 | -€39,570 | -100.0% |
| Accrued charges and deferred income | 492/3 | €2,682 | €8,016 | +€5,334 | +198.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,871 | €18,067 | -€3,803 | -17.4% |
| Other operating charges | 640/8 | €4,886 | €5,235 | +€349 | +7.1% |
| Gross operating margin | 9900 | €378,374 | €451,928 | +€73,554 | +19.4% |
| Operating profit (loss) | 9901 | €351,617 | €428,626 | +€77,009 | +21.9% |
| Financial income | 75/76B | €14,737 | €87,547 | +€72,809 | +494.0% |
| Recurring financial income | 75 | €14,737 | €87,547 | +€72,809 | +494.0% |
| Financial charges | 65/66B | €8,579 | €5,171 | -€3,409 | -39.7% |
| Recurring financial charges | 65 | €8,579 | €5,171 | -€3,409 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €357,775 | €511,002 | +€153,227 | +42.8% |
| Income taxes | 67/77 | €119,549 | €157,063 | +€37,513 | +31.4% |
| Profit (loss) for the period | 9904 | €238,226 | €353,939 | +€115,713 | +48.6% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €238,226 | €353,939 | +€115,713 | +48.6% |
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 11 October 2026 via checked.be.