MARNIK SNOECK: what changed
MARNIK SNOECK
Largest movements
- Receivables within one year +€30,013
up €30,013 (+65.9%), from €45,519 to €75,532
of which Trade receivables: +€29,635
- Tangible fixed assets -€4,896
down €4,896 (-24.1%), from €20,349 to €15,454
of which Furniture and vehicles: -€2,494
- Short-term financial debts +€23,841
up €23,841 (+197%), from €12,088 to €35,928
of which Other loans: +€19,700
- Debts after one year -€6,588
down €6,588 (-38.3%), from €17,193 to €10,605
- Trade debts +€5,956
up €5,956 (+64.4%), from €9,252 to €15,208
- Reserves +€2,300
up €2,300 (+6.4%), from €36,219 to €38,519
of which Distributable reserves: +€2,300
- Gross operating margin -€14,100
down €14,100 (-44.7%), from €31,574 to €17,473
- Depreciation -€5,042
down €5,042 (-34.9%), from €14,460 to €9,418
- Other operating charges -€4,797
down €4,797 (-71.3%), from €6,729 to €1,932
- Taxes -€1,960
down €1,960 (-71.0%), from €2,762 to €801
- Financial charges -€1,377
down €1,377 (-31.8%), from €4,325 to €2,948
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,089 | €144,706 | +€24,617 | +20.5% |
| Fixed assets | 21/28 | €20,386 | €15,491 | -€4,896 | -24.0% |
| Tangible fixed assets | 22/27 | €20,349 | €15,454 | -€4,896 | -24.1% |
| Plant, machinery and equipment | 23 | €928 | €491 | -€436 | -47.0% |
| Furniture and vehicles | 24 | €5,663 | €3,169 | -€2,494 | -44.0% |
| Leasing and similar rights | 25 | €13,759 | €11,794 | -€1,966 | -14.3% |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €99,702 | €129,215 | +€29,513 | +29.6% |
| Amounts receivable after more than one year | 29 | €41,600 | €41,600 | = | 0.0% |
| Trade receivables | 290 | €41,600 | €41,600 | = | 0.0% |
| Stocks and contracts in progress | 3 | €12,583 | €12,083 | -€500 | -4.0% |
| Stocks | 30/36 | €12,583 | €12,083 | -€500 | -4.0% |
| Amounts receivable within one year | 40/41 | €45,519 | €75,532 | +€30,013 | +65.9% |
| Trade receivables | 40 | €5,142 | €34,777 | +€29,635 | +576% |
| Other amounts receivable | 41 | €40,377 | €40,755 | +€378 | +0.9% |
| Total equity and liabilities | 10/49 | €120,089 | €144,706 | +€24,617 | +20.5% |
| Equity | 10/15 | €59,223 | €61,596 | +€2,373 | +4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36,219 | €38,519 | +€2,300 | +6.4% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €34,364 | €36,664 | +€2,300 | +6.7% |
| Profit (loss) carried forward | 14 | €16,803 | €16,877 | +€73 | +0.4% |
| Amounts payable | 17/49 | €60,866 | €83,110 | +€22,243 | +36.5% |
| Amounts payable after more than one year | 17 | €17,193 | €10,605 | -€6,588 | -38.3% |
| Financial debts | 170/4 | €17,193 | €10,605 | -€6,588 | -38.3% |
| Amounts payable within one year | 42/48 | €43,673 | €72,505 | +€28,831 | +66.0% |
| Current portion of amounts payable after more than one year | 42 | €10,165 | €9,752 | -€413 | -4.1% |
| Financial debts | 43 | €12,088 | €35,928 | +€23,841 | +197% |
| Credit institutions | 430/8 | €12,088 | €16,228 | +€4,141 | +34.3% |
| Other loans | 439 | - | €19,700 | +€19,700 | |
| Trade debts | 44 | €9,252 | €15,208 | +€5,956 | +64.4% |
| Suppliers | 440/4 | €9,252 | €15,208 | +€5,956 | +64.4% |
| Taxes, remuneration and social security | 45 | €12,169 | €11,617 | -€552 | -4.5% |
| Taxes | 450/3 | €12,169 | €11,617 | -€552 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,460 | €9,418 | -€5,042 | -34.9% |
| Other operating charges | 640/8 | €6,729 | €1,932 | -€4,797 | -71.3% |
| Gross operating margin | 9900 | €31,574 | €17,473 | -€14,100 | -44.7% |
| Operating profit (loss) | 9901 | €10,385 | €6,123 | -€4,261 | -41.0% |
| Financial charges | 65/66B | €4,325 | €2,948 | -€1,377 | -31.8% |
| Recurring financial charges | 65 | €4,325 | €2,948 | -€1,377 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €6,060 | €3,175 | -€2,885 | -47.6% |
| Income taxes | 67/77 | €2,762 | €801 | -€1,960 | -71.0% |
| Profit (loss) for the period | 9904 | €3,298 | €2,373 | -€925 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,298 | €2,373 | -€925 | -28.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.