SN RENOVATION: 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 RENOVATION
Largest movements
- Receivables within one year +€4,674
up €4,674 (+99.6%), from €4,692 to €9,366
of which Other amounts receivable: +€7,490
- Tangible fixed assets -€1,110
down €1,110 (-76.2%), from €1,456 to €346
- Deferred charges and accrued income -€864
down €864 (-26.3%), from €3,278 to €2,414
- Current portion of long-term debt +€2,657
new in 2025: €2,657
- Trade debts +€1,335
up €1,335 (+30.6%), from €4,359 to €5,694
- Other debts -€1,037
no longer reported in 2025 (was €1,037)
- Tax, wage and social debts -€764
down €764 (-53.5%), from €1,426 to €663
- Profit (loss) carried forward +€491
up €491 (+23.1%), from €2,122 to €2,613
- Gross operating margin -€1,533
down €1,533 (-34.0%), from €4,509 to €2,976
- Financial charges +€513
up €513 (+451%), from €114 to €627
- Other operating charges -€145
down €145 (-36.5%), from €398 to €252
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 | €9,445 | €12,127 | +€2,682 | +28.4% |
| Fixed assets | 21/28 | €1,456 | €346 | -€1,110 | -76.2% |
| Tangible fixed assets | 22/27 | €1,456 | €346 | -€1,110 | -76.2% |
| Plant, machinery and equipment | 23 | €1,456 | €346 | -€1,110 | -76.2% |
| Current assets | 29/58 | €7,989 | €11,780 | +€3,792 | +47.5% |
| Amounts receivable within one year | 40/41 | €4,692 | €9,366 | +€4,674 | +99.6% |
| Trade receivables | 40 | €3,866 | €1,050 | -€2,816 | -72.8% |
| Other amounts receivable | 41 | €826 | €8,316 | +€7,490 | +907% |
| Cash at bank and in hand | 54/58 | €19 | - | -€19 | |
| Deferred charges and accrued income | 490/1 | €3,278 | €2,414 | -€864 | -26.3% |
| Total equity and liabilities | 10/49 | €9,445 | €12,127 | +€2,682 | +28.4% |
| Equity | 10/15 | €2,622 | €3,113 | +€491 | +18.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,122 | €2,613 | +€491 | +23.1% |
| Amounts payable | 17/49 | €6,822 | €9,013 | +€2,191 | +32.1% |
| Amounts payable within one year | 42/48 | €6,822 | €9,013 | +€2,191 | +32.1% |
| Current portion of amounts payable after more than one year | 42 | - | €2,657 | +€2,657 | |
| Trade debts | 44 | €4,359 | €5,694 | +€1,335 | +30.6% |
| Suppliers | 440/4 | €4,359 | €5,694 | +€1,335 | +30.6% |
| Taxes, remuneration and social security | 45 | €1,426 | €663 | -€764 | -53.5% |
| Taxes | 450/3 | €1,426 | €663 | -€764 | -53.5% |
| Other amounts payable | 47/48 | €1,037 | - | -€1,037 | |
| Non-recurring operating income | 76A | €1,212 | - | -€1,212 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,110 | €1,110 | = | 0.0% |
| Other operating charges | 640/8 | €398 | €252 | -€145 | -36.5% |
| Non-recurring operating charges | 66A | €1,440 | - | -€1,440 | |
| Gross operating margin | 9900 | €4,509 | €2,976 | -€1,533 | -34.0% |
| Operating profit (loss) | 9901 | €1,562 | €1,614 | +€52 | +3.3% |
| Financial charges | 65/66B | €114 | €627 | +€513 | +451% |
| Recurring financial charges | 65 | €114 | €627 | +€513 | +451% |
| Profit (loss) for the period before taxes | 9903 | €1,448 | €987 | -€461 | -31.9% |
| Income taxes | 67/77 | €465 | €496 | +€31 | +6.6% |
| Profit (loss) for the period | 9904 | €983 | €491 | -€492 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €983 | €491 | -€492 | -50.1% |
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 20 October 2026 via checked.be.