S.N.C.: 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.
S.N.C.
Largest movements
- Tangible fixed assets -€7,273
down €7,273 (-2.8%), from €259,821 to €252,548
- Profit (loss) carried forward +€25,552
up €25,552 (+11.2%), from €227,961 to €253,513
- Other debts -€23,933
down €23,933 (-9.4%), from €255,636 to €231,703
- Debts after one year -€19,680
down €19,680 (-13.0%), from €151,080 to €131,400
- Financial income +€5,000
up €5,000 (+25.0%), from €20,000 to €25,000
- Gross operating margin +€2,352
up €2,352 (+11.8%), from €19,915 to €22,268
- Financial charges +€504
up €504 (+6.1%), from €8,269 to €8,773
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €684,216 | €665,227 | -€18,989 | -2.8% |
| Fixed assets | 21/28 | €657,418 | €650,145 | -€7,273 | -1.1% |
| Tangible fixed assets | 22/27 | €259,821 | €252,548 | -€7,273 | -2.8% |
| Land and buildings | 22 | €259,821 | €252,548 | -€7,273 | -2.8% |
| Financial fixed assets | 28 | €397,597 | €397,597 | = | 0.0% |
| Current assets | 29/58 | €26,799 | €15,082 | -€11,716 | -43.7% |
| Amounts receivable within one year | 40/41 | €20,056 | €15,056 | -€5,000 | -24.9% |
| Other amounts receivable | 41 | €20,056 | €15,056 | -€5,000 | -24.9% |
| Cash at bank and in hand | 54/58 | €6,743 | €26 | -€6,716 | -99.6% |
| Total equity and liabilities | 10/49 | €684,216 | €665,227 | -€18,989 | -2.8% |
| Equity | 10/15 | €255,461 | €281,013 | +€25,552 | +10.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €227,961 | €253,513 | +€25,552 | +11.2% |
| Amounts payable | 17/49 | €428,755 | €384,215 | -€44,541 | -10.4% |
| Amounts payable after more than one year | 17 | €151,080 | €131,400 | -€19,680 | -13.0% |
| Financial debts | 170/4 | €151,080 | €131,400 | -€19,680 | -13.0% |
| Amounts payable within one year | 42/48 | €273,351 | €247,703 | -€25,648 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €17,600 | €16,000 | -€1,600 | -9.1% |
| Trade debts | 44 | €115 | €0 | -€115 | -100% |
| Suppliers | 440/4 | €115 | €0 | -€115 | -100% |
| Other amounts payable | 47/48 | €255,636 | €231,703 | -€23,933 | -9.4% |
| Accrued charges and deferred income | 492/3 | €4,324 | €5,112 | +€788 | +18.2% |
| Non-recurring operating income | 76A | €2,766 | €0 | -€2,766 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,200 | €7,273 | +€73 | +1.0% |
| Other operating charges | 640/8 | €4,707 | €4,837 | +€130 | +2.8% |
| Gross operating margin | 9900 | €19,915 | €22,268 | +€2,352 | +11.8% |
| Operating profit (loss) | 9901 | €8,009 | €10,157 | +€2,149 | +26.8% |
| Financial income | 75/76B | €20,000 | €25,000 | +€5,000 | +25.0% |
| Recurring financial income | 75 | €20,000 | €25,000 | +€5,000 | +25.0% |
| Financial charges | 65/66B | €8,269 | €8,773 | +€504 | +6.1% |
| Recurring financial charges | 65 | €8,269 | €8,773 | +€504 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €19,740 | €26,385 | +€6,645 | +33.7% |
| Profit (loss) for the period | 9904 | €19,740 | €26,385 | +€6,645 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,740 | €26,385 | +€6,645 | +33.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.