S-NAM GROUP: 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-NAM GROUP
Largest movements
- Receivables within one year -€4,832
no longer reported in 2024 (was €4,832)
- Cash -€577
down €577 (-60.0%), from €961 to €385
mainly Other debts (-€14,750) and Trade debts (-€4,750)
- Accrued charges and deferred income +€16,037
new in 2024: €16,037
- Other debts -€14,750
no longer reported in 2024 (was €14,750)
- Trade debts -€4,750
no longer reported in 2024 (was €4,750)
- Profit (loss) carried forward -€1,449
down €1,449 (-18.8%), from -€7,703 to -€9,152
- Tax, wage and social debts -€497
no longer reported in 2024 (was €497)
of which Remuneration and social security: -€482
- Staff costs -€16,603
no longer reported in 2024 (was €16,603)
- Gross operating margin -€14,299
down €14,299, from €13,128 to -€1,171
- Financial charges +€472
up €472 (+4716.9%), from €10 to €482
- Other operating charges -€384
no longer reported in 2024 (was €384)
- Financial income +€203
new in 2024: €203
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.
Cash bridge derived
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 | €14,793 | €9,385 | -€5,408 | -36.6% |
| Fixed assets | 21/28 | €9,000 | €9,000 | = | 0.0% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €5,793 | €385 | -€5,408 | -93.4% |
| Amounts receivable within one year | 40/41 | €4,832 | - | -€4,832 | |
| Trade receivables | 40 | €4,832 | - | -€4,832 | |
| Cash at bank and in hand | 54/58 | €961 | €385 | -€577 | -60.0% |
| Total equity and liabilities | 10/49 | €14,793 | €9,385 | -€5,408 | -36.6% |
| Equity | 10/15 | -€5,203 | -€6,652 | -€1,449 | -27.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,703 | -€9,152 | -€1,449 | -18.8% |
| Amounts payable | 17/49 | €19,996 | €16,037 | -€3,959 | -19.8% |
| Amounts payable within one year | 42/48 | €19,996 | - | -€19,996 | |
| Trade debts | 44 | €4,750 | - | -€4,750 | |
| Suppliers | 440/4 | €4,750 | - | -€4,750 | |
| Taxes, remuneration and social security | 45 | €497 | - | -€497 | |
| Taxes | 450/3 | €14 | - | -€14 | |
| Remuneration and social security | 454/9 | €482 | - | -€482 | |
| Other amounts payable | 47/48 | €14,750 | - | -€14,750 | |
| Accrued charges and deferred income | 492/3 | - | €16,037 | +€16,037 | |
| Remuneration, social security and pensions | 62 | €16,603 | - | -€16,603 | |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Non-recurring operating charges | 66A | €3,834 | - | -€3,834 | |
| Gross operating margin | 9900 | €13,128 | -€1,171 | -€14,299 | |
| Operating profit (loss) | 9901 | -€7,693 | -€1,171 | +€6,523 | +84.8% |
| Financial income | 75/76B | - | €203 | +€203 | |
| Recurring financial income | 75 | - | €203 | +€203 | |
| Financial charges | 65/66B | €10 | €482 | +€472 | +4716.9% |
| Recurring financial charges | 65 | €10 | €482 | +€472 | +4716.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,703 | -€1,449 | +€6,254 | +81.2% |
| Profit (loss) for the period | 9904 | -€7,703 | -€1,449 | +€6,254 | +81.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,703 | -€1,449 | +€6,254 | +81.2% |
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 10 October 2026 via checked.be.