S.S.N.: 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.S.N.
Largest movements
- Cash -€13,644
down €13,644 (-70.8%), from €19,275 to €5,631
mainly Stocks and contracts (-€10,285) and Tax, wage and social debts (-€4,950)
- Stocks and contracts +€10,285
up €10,285 (+29.0%), from €35,446 to €45,731
- Receivables within one year -€801
down €801 (-71.9%), from €1,115 to €314
of which Trade receivables: -€900
- Tax, wage and social debts -€4,950
down €4,950 (-29.4%), from €16,832 to €11,882
of which Taxes: -€4,474
- Profit (loss) carried forward +€1,238
up €1,238 (+6.9%), from €17,980 to €19,218
- Turnover -€60,238
down €60,238 (-11.9%), from €504,166 to €443,928
- Purchases and services -€52,788
down €52,788 (-10.9%), from €482,729 to €429,941
- Gross operating margin -€8,112
down €8,112 (-33.2%), from €24,452 to €16,340
- Taxes -€7,877
down €7,877 (-84.2%), from €9,359 to €1,483
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 | €59,484 | €55,631 | -€3,853 | -6.5% |
| Fixed assets | 21/28 | €3,649 | €3,955 | +€307 | +8.4% |
| Tangible fixed assets | 22/27 | €1,949 | €2,255 | +€307 | +15.7% |
| Plant, machinery and equipment | 23 | €1,949 | €1,896 | -€52 | -2.7% |
| Furniture and vehicles | 24 | - | €359 | +€359 | |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €55,836 | €51,676 | -€4,160 | -7.5% |
| Stocks and contracts in progress | 3 | €35,446 | €45,731 | +€10,285 | +29.0% |
| Stocks | 30/36 | €35,446 | €45,731 | +€10,285 | +29.0% |
| Amounts receivable within one year | 40/41 | €1,115 | €314 | -€801 | -71.9% |
| Trade receivables | 40 | €1,023 | €124 | -€900 | -87.9% |
| Other amounts receivable | 41 | €92 | €190 | +€98 | +107% |
| Cash at bank and in hand | 54/58 | €19,275 | €5,631 | -€13,644 | -70.8% |
| Total equity and liabilities | 10/49 | €59,484 | €55,631 | -€3,853 | -6.5% |
| Equity | 10/15 | €36,580 | €37,818 | +€1,238 | +3.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,980 | €19,218 | +€1,238 | +6.9% |
| Amounts payable | 17/49 | €22,905 | €17,813 | -€5,092 | -22.2% |
| Amounts payable within one year | 42/48 | €22,905 | €17,813 | -€5,092 | -22.2% |
| Trade debts | 44 | €6,072 | €5,931 | -€142 | -2.3% |
| Suppliers | 440/4 | €6,072 | €5,931 | -€142 | -2.3% |
| Taxes, remuneration and social security | 45 | €16,832 | €11,882 | -€4,950 | -29.4% |
| Taxes | 450/3 | €15,238 | €10,765 | -€4,474 | -29.4% |
| Remuneration and social security | 454/9 | €1,594 | €1,117 | -€476 | -29.9% |
| Turnover | 70 | €504,166 | €443,928 | -€60,238 | -11.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €482,729 | €429,941 | -€52,788 | -10.9% |
| Remuneration, social security and pensions | 62 | €5,499 | €8,259 | +€2,760 | +50.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €639 | €881 | +€242 | +37.9% |
| Other operating charges | 640/8 | €1,393 | €3,685 | +€2,292 | +165% |
| Non-recurring operating charges | 66A | €25 | - | -€25 | |
| Gross operating margin | 9900 | €24,452 | €16,340 | -€8,112 | -33.2% |
| Operating profit (loss) | 9901 | €16,895 | €3,515 | -€13,381 | -79.2% |
| Financial income | 75/76B | - | €121 | +€121 | |
| Recurring financial income | 75 | - | €121 | +€121 | |
| Financial charges | 65/66B | €566 | €915 | +€349 | +61.7% |
| Recurring financial charges | 65 | €566 | €915 | +€349 | +61.7% |
| Profit (loss) for the period before taxes | 9903 | €16,330 | €2,721 | -€13,609 | -83.3% |
| Income taxes | 67/77 | €9,359 | €1,483 | -€7,877 | -84.2% |
| Profit (loss) for the period | 9904 | €6,970 | €1,238 | -€5,732 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,970 | €1,238 | -€5,732 | -82.2% |
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 29 October 2026 via checked.be.