JSnoeck: 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.
JSnoeck
Largest movements
- Cash -€14,140
down €14,140 (-63.2%), from €22,373 to €8,233
mainly Debts after one year (-€8,130) and Current portion of long-term debt (-€6,742)
- Tangible fixed assets -€9,246
down €9,246 (-45.6%), from €20,289 to €11,044
of which Furniture and vehicles: -€5,291
- Receivables within one year +€6,108
up €6,108 (+63.7%), from €9,583 to €15,692
of which Trade receivables: +€3,757
- Stocks and contracts +€5,785
up €5,785 (+166%), from €3,475 to €9,260
of which Contracts in progress: +€5,000
- Formation expenses -€633
down €633 (-63.3%), from €1,000 to €367
- Debts after one year -€8,130
no longer reported in 2025 (was €8,130)
- Current portion of long-term debt -€6,742
down €6,742 (-83.5%), from €8,073 to €1,331
- Other debts -€5,462
no longer reported in 2025 (was €5,462)
- Profit (loss) carried forward +€4,584
up €4,584 (+21.5%), from €21,305 to €25,888
- Trade debts +€3,625
up €3,625 (+290%), from €1,251 to €4,876
- Gross operating margin -€14,609
down €14,609 (-39.0%), from €37,439 to €22,830
- Taxes +€6,605
new in 2025: €6,605
- Depreciation -€3,340
down €3,340 (-25.3%), from €13,219 to €9,879
- Other operating charges -€1,429
down €1,429 (-72.7%), from €1,967 to €537
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 | €56,721 | €44,595 | -€12,126 | -21.4% |
| Formation expenses | 20 | €1,000 | €367 | -€633 | -63.3% |
| Fixed assets | 21/28 | €20,289 | €11,044 | -€9,246 | -45.6% |
| Tangible fixed assets | 22/27 | €20,289 | €11,044 | -€9,246 | -45.6% |
| Plant, machinery and equipment | 23 | €6,257 | €2,302 | -€3,955 | -63.2% |
| Furniture and vehicles | 24 | €14,033 | €8,742 | -€5,291 | -37.7% |
| Current assets | 29/58 | €35,431 | €33,185 | -€2,246 | -6.3% |
| Stocks and contracts in progress | 3 | €3,475 | €9,260 | +€5,785 | +166% |
| Stocks | 30/36 | €3,475 | €4,260 | +€785 | +22.6% |
| Contracts in progress | 37 | - | €5,000 | +€5,000 | |
| Amounts receivable within one year | 40/41 | €9,583 | €15,692 | +€6,108 | +63.7% |
| Trade receivables | 40 | €6,641 | €10,397 | +€3,757 | +56.6% |
| Other amounts receivable | 41 | €2,943 | €5,294 | +€2,352 | +79.9% |
| Cash at bank and in hand | 54/58 | €22,373 | €8,233 | -€14,140 | -63.2% |
| Total equity and liabilities | 10/49 | €56,721 | €44,595 | -€12,126 | -21.4% |
| Equity | 10/15 | €33,805 | €38,388 | +€4,584 | +13.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,305 | €25,888 | +€4,584 | +21.5% |
| Amounts payable | 17/49 | €22,917 | €6,207 | -€16,709 | -72.9% |
| Amounts payable after more than one year | 17 | €8,130 | - | -€8,130 | |
| Financial debts | 170/4 | €8,130 | - | -€8,130 | |
| Amounts payable within one year | 42/48 | €14,786 | €6,207 | -€8,579 | -58.0% |
| Current portion of amounts payable after more than one year | 42 | €8,073 | €1,331 | -€6,742 | -83.5% |
| Trade debts | 44 | €1,251 | €4,876 | +€3,625 | +290% |
| Suppliers | 440/4 | €1,251 | €4,876 | +€3,625 | +290% |
| Other amounts payable | 47/48 | €5,462 | - | -€5,462 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,219 | €9,879 | -€3,340 | -25.3% |
| Other operating charges | 640/8 | €1,967 | €537 | -€1,429 | -72.7% |
| Gross operating margin | 9900 | €37,439 | €22,830 | -€14,609 | -39.0% |
| Operating profit (loss) | 9901 | €22,253 | €12,413 | -€9,839 | -44.2% |
| Financial income | 75/76B | €94 | - | -€94 | |
| Recurring financial income | 75 | €94 | - | -€94 | |
| Financial charges | 65/66B | €1,042 | €1,224 | +€182 | +17.5% |
| Recurring financial charges | 65 | €1,042 | €1,224 | +€182 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €21,305 | €11,189 | -€10,115 | -47.5% |
| Income taxes | 67/77 | - | €6,605 | +€6,605 | |
| Profit (loss) for the period | 9904 | €21,305 | €4,584 | -€16,721 | -78.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,305 | €4,584 | -€16,721 | -78.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.