SN ACCOUNTANCY: 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.
SN ACCOUNTANCY
Largest movements
- Financial fixed assets +€95,438
new in 2025: €95,438
- Receivables within one year -€14,278
down €14,278 (-38.6%), from €36,966 to €22,688
of which Trade receivables: -€14,278
- Tangible fixed assets -€5,356
down €5,356 (-45.9%), from €11,676 to €6,321
- Cash +€2,798
up €2,798 (+8.9%), from €31,378 to €34,176
mainly Debts after one year (+€27,823) and Net result for the year (+€25,989)
- Debts after one year +€27,823
new in 2025: €27,823
- Profit (loss) carried forward +€25,156
up €25,156 (+27,006%), from €93 to €25,250
- Current portion of long-term debt +€12,247
new in 2025: €12,247
- Tax, wage and social debts +€11,856
up €11,856 (+67.3%), from €17,608 to €29,463
- Other debts +€1,599
up €1,599 (+6.9%), from €23,290 to €24,889
- Gross operating margin +€9,741
up €9,741 (+27.2%), from €35,846 to €45,587
- Taxes +€1,914
up €1,914 (+21.7%), from €8,812 to €10,727
- Financial charges +€1,677
up €1,677 (+123%), from €1,368 to €3,045
- Other operating charges -€1,118
down €1,118 (-67.8%), from €1,649 to €531
- Depreciation +€963
up €963 (+21.9%), from €4,393 to €5,356
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 | €80,618 | €159,357 | +€78,739 | +97.7% |
| Fixed assets | 21/28 | €11,676 | €101,758 | +€90,082 | +771% |
| Tangible fixed assets | 22/27 | €11,676 | €6,321 | -€5,356 | -45.9% |
| Furniture and vehicles | 24 | €11,676 | €6,321 | -€5,356 | -45.9% |
| Financial fixed assets | 28 | - | €95,438 | +€95,438 | |
| Current assets | 29/58 | €68,942 | €57,599 | -€11,343 | -16.5% |
| Amounts receivable within one year | 40/41 | €36,966 | €22,688 | -€14,278 | -38.6% |
| Trade receivables | 40 | €36,966 | €22,688 | -€14,278 | -38.6% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €31,378 | €34,176 | +€2,798 | +8.9% |
| Deferred charges and accrued income | 490/1 | €598 | €735 | +€137 | +22.9% |
| Total equity and liabilities | 10/49 | €80,618 | €159,357 | +€78,739 | +97.7% |
| Equity | 10/15 | €39,593 | €64,750 | +€25,156 | +63.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €38,500 | €38,500 | = | 0.0% |
| Distributable reserves | 133 | €38,500 | €38,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93 | €25,250 | +€25,156 | +27,006% |
| Amounts payable | 17/49 | €41,025 | €94,607 | +€53,582 | +131% |
| Amounts payable after more than one year | 17 | - | €27,823 | +€27,823 | |
| Financial debts | 170/4 | - | €27,823 | +€27,823 | |
| Amounts payable within one year | 42/48 | €41,025 | €66,784 | +€25,759 | +62.8% |
| Current portion of amounts payable after more than one year | 42 | - | €12,247 | +€12,247 | |
| Trade debts | 44 | €127 | €185 | +€58 | +45.5% |
| Suppliers | 440/4 | €127 | €185 | +€58 | +45.5% |
| Taxes, remuneration and social security | 45 | €17,608 | €29,463 | +€11,856 | +67.3% |
| Taxes | 450/3 | €17,608 | €29,463 | +€11,856 | +67.3% |
| Other amounts payable | 47/48 | €23,290 | €24,889 | +€1,599 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,393 | €5,356 | +€963 | +21.9% |
| Other operating charges | 640/8 | €1,649 | €531 | -€1,118 | -67.8% |
| Gross operating margin | 9900 | €35,846 | €45,587 | +€9,741 | +27.2% |
| Operating profit (loss) | 9901 | €29,804 | €39,700 | +€9,896 | +33.2% |
| Financial income | 75/76B | €214 | €61 | -€153 | -71.5% |
| Recurring financial income | 75 | €214 | €61 | -€153 | -71.5% |
| Financial charges | 65/66B | €1,368 | €3,045 | +€1,677 | +123% |
| Recurring financial charges | 65 | €1,368 | €3,045 | +€1,677 | +123% |
| Profit (loss) for the period before taxes | 9903 | €28,650 | €36,716 | +€8,066 | +28.2% |
| Income taxes | 67/77 | €8,812 | €10,727 | +€1,914 | +21.7% |
| Profit (loss) for the period | 9904 | €19,837 | €25,989 | +€6,152 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,837 | €25,989 | +€6,152 | +31.0% |
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 23 October 2026 via checked.be.