S.N.W.E. Management: 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.W.E. Management
Largest movements
- Receivables within one year +€101,506
up €101,506 (+224%), from €45,342 to €146,848
of which Trade receivables: +€101,350
- Advances received +€75,696
up €75,696 (+700%), from €10,819 to €86,515
- Trade debts +€14,580
up €14,580 (+236%), from €6,176 to €20,756
- Profit (loss) carried forward +€10,953
up €10,953 (+34.1%), from €32,154 to €43,106
- Tax, wage and social debts +€2,687
up €2,687 (+13.7%), from €19,625 to €22,312
- Short-term financial debts -€2,487
down €2,487 (-100%), from €2,487 to €0
- Gross operating margin +€19,635
up €19,635, from -€880 to €18,755
- Taxes +€3,027
up €3,027 (+275%), from €1,102 to €4,129
- Financial income -€1,935
down €1,935 (-98.1%), from €1,972 to €37
- Other operating charges -€435
down €435 (-15.1%), from €2,871 to €2,436
- Financial charges +€388
up €388 (+52.2%), from €743 to €1,131
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,260 | €173,689 | +€101,429 | +140% |
| Fixed assets | 21/28 | €207 | €64 | -€143 | -69.2% |
| Tangible fixed assets | 22/27 | €207 | €64 | -€143 | -69.2% |
| Furniture and vehicles | 24 | €207 | €64 | -€143 | -69.2% |
| Current assets | 29/58 | €72,053 | €173,625 | +€101,573 | +141% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €45,342 | €146,848 | +€101,506 | +224% |
| Trade receivables | 40 | €24,092 | €125,442 | +€101,350 | +421% |
| Other amounts receivable | 41 | €21,250 | €21,405 | +€155 | +0.7% |
| Cash at bank and in hand | 54/58 | €40 | €403 | +€363 | +914% |
| Deferred charges and accrued income | 490/1 | €1,671 | €1,375 | -€296 | -17.7% |
| Total equity and liabilities | 10/49 | €72,260 | €173,689 | +€101,429 | +140% |
| Equity | 10/15 | €33,154 | €44,106 | +€10,953 | +33.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,154 | €43,106 | +€10,953 | +34.1% |
| Amounts payable | 17/49 | €39,106 | €129,583 | +€90,477 | +231% |
| Amounts payable within one year | 42/48 | €39,106 | €129,583 | +€90,477 | +231% |
| Financial debts | 43 | €2,487 | €0 | -€2,487 | -100% |
| Credit institutions | 430/8 | €2,487 | €0 | -€2,487 | -100% |
| Trade debts | 44 | €6,176 | €20,756 | +€14,580 | +236% |
| Suppliers | 440/4 | €6,176 | €20,756 | +€14,580 | +236% |
| Advances received on contracts in progress | 46 | €10,819 | €86,515 | +€75,696 | +700% |
| Taxes, remuneration and social security | 45 | €19,625 | €22,312 | +€2,687 | +13.7% |
| Taxes | 450/3 | €19,625 | €22,312 | +€2,687 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143 | €143 | +€0 | +0.1% |
| Other operating charges | 640/8 | €2,871 | €2,436 | -€435 | -15.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€880 | €18,755 | +€19,635 | |
| Operating profit (loss) | 9901 | -€3,894 | €16,176 | +€20,070 | |
| Financial income | 75/76B | €1,972 | €37 | -€1,935 | -98.1% |
| Recurring financial income | 75 | €1,972 | €37 | -€1,935 | -98.1% |
| Financial charges | 65/66B | €743 | €1,131 | +€388 | +52.2% |
| Recurring financial charges | 65 | €743 | €1,131 | +€388 | +52.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,665 | €15,082 | +€17,747 | |
| Income taxes | 67/77 | €1,102 | €4,129 | +€3,027 | +275% |
| Profit (loss) for the period | 9904 | -€3,768 | €10,953 | +€14,720 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,768 | €10,953 | +€14,720 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.