S&N TOITURES: 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 TOITURES
Largest movements
- Receivables within one year +€34,006
up €34,006 (+145%), from €23,460 to €57,466
of which Trade receivables: +€27,246
- Tangible fixed assets +€9,163
up €9,163 (+538%), from €1,704 to €10,866
of which Furniture and vehicles: +€9,055
- Cash -€2,986
down €2,986 (-30.4%), from €9,837 to €6,852
mainly Receivables within one year (-€34,006) and Investment in fixed assets (net) (-€12,907)
- Deferred charges and accrued income +€1,415
new in 2025: €1,415
- Trade debts +€33,263
up €33,263 (+5,381%), from €618 to €33,881
- Other debts +€5,677
up €5,677 (+24.2%), from €23,500 to €29,177
- Profit (loss) carried forward +€3,046
up €3,046 (+39.8%), from €7,658 to €10,704
- Gross operating margin +€30,870
up €30,870 (+506%), from €6,099 to €36,969
- Write-downs +€18,443
new in 2025: €18,443
- Depreciation +€3,150
up €3,150 (+530%), from €594 to €3,744
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 | €35,501 | €77,098 | +€41,598 | +117% |
| Fixed assets | 21/28 | €2,204 | €11,366 | +€9,163 | +416% |
| Tangible fixed assets | 22/27 | €1,704 | €10,866 | +€9,163 | +538% |
| Plant, machinery and equipment | 23 | €642 | €749 | +€107 | +16.7% |
| Furniture and vehicles | 24 | €1,062 | €10,117 | +€9,055 | +853% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €33,297 | €65,732 | +€32,435 | +97.4% |
| Amounts receivable within one year | 40/41 | €23,460 | €57,466 | +€34,006 | +145% |
| Trade receivables | 40 | €20,495 | €47,740 | +€27,246 | +133% |
| Other amounts receivable | 41 | €2,965 | €9,725 | +€6,760 | +228% |
| Cash at bank and in hand | 54/58 | €9,837 | €6,852 | -€2,986 | -30.4% |
| Deferred charges and accrued income | 490/1 | - | €1,415 | +€1,415 | |
| Total equity and liabilities | 10/49 | €35,501 | €77,098 | +€41,598 | +117% |
| Equity | 10/15 | €9,158 | €12,204 | +€3,046 | +33.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,658 | €10,704 | +€3,046 | +39.8% |
| Amounts payable | 17/49 | €26,343 | €64,894 | +€38,551 | +146% |
| Amounts payable within one year | 42/48 | €26,343 | €64,894 | +€38,551 | +146% |
| Trade debts | 44 | €618 | €33,881 | +€33,263 | +5,381% |
| Suppliers | 440/4 | €618 | €33,881 | +€33,263 | +5,381% |
| Taxes, remuneration and social security | 45 | €2,225 | €1,836 | -€389 | -17.5% |
| Taxes | 450/3 | €2,225 | €1,836 | -€389 | -17.5% |
| Other amounts payable | 47/48 | €23,500 | €29,177 | +€5,677 | +24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €594 | €3,744 | +€3,150 | +530% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €18,443 | +€18,443 | |
| Other operating charges | 640/8 | - | €201 | +€201 | |
| Non-recurring operating charges | 66A | €529 | €718 | +€189 | +35.7% |
| Gross operating margin | 9900 | €6,099 | €36,969 | +€30,870 | +506% |
| Operating profit (loss) | 9901 | €4,975 | €13,863 | +€8,887 | +179% |
| Financial income | 75/76B | €0 | €62 | +€61 | +87,800% |
| Recurring financial income | 75 | €0 | €62 | +€61 | +87,800% |
| Financial charges | 65/66B | €42 | €134 | +€92 | +222% |
| Recurring financial charges | 65 | €42 | €134 | +€92 | +222% |
| Profit (loss) for the period before taxes | 9903 | €4,934 | €13,790 | +€8,856 | +179% |
| Income taxes | 67/77 | €1,093 | €744 | -€349 | -32.0% |
| Profit (loss) for the period | 9904 | €3,841 | €13,046 | +€9,205 | +240% |
| Profit (loss) for the period to be appropriated | 9905 | €3,841 | €13,046 | +€9,205 | +240% |
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 20 October 2026 via checked.be.