SN CORPORATION: 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 CORPORATION
Largest movements
- Cash +€38,056
up €38,056 (+62.1%), from €61,250 to €99,305
mainly Net result for the year (+€40,123) and Depreciation (+€7,333)
- Receivables within one year -€1,617
down €1,617 (-98.9%), from €1,635 to €18
- Tangible fixed assets -€1,465
down €1,465 (-9.8%), from €14,882 to €13,417
- Profit (loss) carried forward +€40,123
up €40,123 (+66.8%), from €60,067 to €100,190
- Tax, wage and social debts -€5,150
down €5,150 (-32.8%), from €15,700 to €10,550
- Turnover +€130,771
new in 2025: €130,771
- Gross operating margin -€23,473
down €23,473 (-28.6%), from €82,022 to €58,549
- Purchases and services +€7,119
up €7,119 (+10.7%), from €66,753 to €73,872
- Taxes -€5,165
down €5,165 (-32.9%), from €15,700 to €10,535
- Depreciation +€2,215
up €2,215 (+43.3%), from €5,118 to €7,333
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 | €77,767 | €112,740 | +€34,973 | +45.0% |
| Fixed assets | 21/28 | €14,882 | €13,417 | -€1,465 | -9.8% |
| Tangible fixed assets | 22/27 | €14,882 | €13,417 | -€1,465 | -9.8% |
| Furniture and vehicles | 24 | €14,882 | €13,417 | -€1,465 | -9.8% |
| Current assets | 29/58 | €62,885 | €99,323 | +€36,438 | +57.9% |
| Amounts receivable within one year | 40/41 | €1,635 | €18 | -€1,617 | -98.9% |
| Other amounts receivable | 41 | €1,635 | €18 | -€1,617 | -98.9% |
| Cash at bank and in hand | 54/58 | €61,250 | €99,305 | +€38,056 | +62.1% |
| Total equity and liabilities | 10/49 | €77,767 | €112,740 | +€34,973 | +45.0% |
| Equity | 10/15 | €62,067 | €102,190 | +€40,123 | +64.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,067 | €100,190 | +€40,123 | +66.8% |
| Amounts payable | 17/49 | €15,700 | €10,550 | -€5,150 | -32.8% |
| Amounts payable within one year | 42/48 | €15,700 | €10,550 | -€5,150 | -32.8% |
| Taxes, remuneration and social security | 45 | €15,700 | €10,550 | -€5,150 | -32.8% |
| Taxes | 450/3 | €15,700 | €10,550 | -€5,150 | -32.8% |
| Turnover | 70 | - | €130,771 | +€130,771 | |
| Goods, raw materials, services and sundry goods | 60/61 | €66,753 | €73,872 | +€7,119 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,118 | €7,333 | +€2,215 | +43.3% |
| Other operating charges | 640/8 | €947 | €365 | -€582 | -61.5% |
| Gross operating margin | 9900 | €82,022 | €58,549 | -€23,473 | -28.6% |
| Operating profit (loss) | 9901 | €75,957 | €50,851 | -€25,106 | -33.1% |
| Financial charges | 65/66B | €191 | €193 | +€2 | +1.1% |
| Recurring financial charges | 65 | €191 | €193 | +€2 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €75,767 | €50,658 | -€25,108 | -33.1% |
| Income taxes | 67/77 | €15,700 | €10,535 | -€5,165 | -32.9% |
| Profit (loss) for the period | 9904 | €60,067 | €40,123 | -€19,944 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €60,067 | €40,123 | -€19,944 | -33.2% |
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 16 October 2026 via checked.be.