SN TRANS: what changed
Two fiscal 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 TRANS
Largest movements
- Tangible fixed assets -€10,750
down €10,750 (-47.8%), from €22,508 to €11,758
of which Leasing and similar rights: -€21,825
- Receivables within one year -€6,508
down €6,508 (-30.6%), from €21,292 to €14,784
of which Other amounts receivable: -€9,185
- Cash -€1,344
down €1,344 (-11.9%), from €11,271 to €9,928
mainly Contributions, distributions and other (-€21,000) and Investment in fixed assets (net) (-€8,510)
- Profit (loss) carried forward -€21,318
down €21,318 (-57.2%), from €37,268 to €15,950
- Tax, wage and social debts +€1,640
up €1,640 (+11.1%), from €14,725 to €16,365
- Other debts +€573
new in 2025: €573
- Gross operating margin -€13,201
down €13,201 (-33.6%), from €39,337 to €26,137
- Depreciation +€2,153
up €2,153 (+12.6%), from €17,107 to €19,260
- Taxes -€1,669
down €1,669 (-37.1%), from €4,500 to €2,831
- Other operating charges +€1,059
up €1,059 (+119.3%), from €888 to €1,948
- Financial income -€541
no longer reported in 2025 (was €541)
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.
Cash bridge derived
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 | €55,071 | €36,469 | -€18,602 | -33.8% |
| Fixed assets | 21/28 | €22,508 | €11,758 | -€10,750 | -47.8% |
| Tangible fixed assets | 22/27 | €22,508 | €11,758 | -€10,750 | -47.8% |
| Furniture and vehicles | 24 | €391 | €11,466 | +€11,075 | +2834.4% |
| Leasing and similar rights | 25 | €22,117 | €292 | -€21,825 | -98.7% |
| Current assets | 29/58 | €32,563 | €24,711 | -€7,852 | -24.1% |
| Amounts receivable within one year | 40/41 | €21,292 | €14,784 | -€6,508 | -30.6% |
| Trade receivables | 40 | €12,107 | €14,784 | +€2,677 | +22.1% |
| Other amounts receivable | 41 | €9,185 | - | -€9,185 | |
| Cash at bank and in hand | 54/58 | €11,271 | €9,928 | -€1,344 | -11.9% |
| Total equity and liabilities | 10/49 | €55,071 | €36,469 | -€18,602 | -33.8% |
| Equity | 10/15 | €39,268 | €17,950 | -€21,318 | -54.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,268 | €15,950 | -€21,318 | -57.2% |
| Amounts payable | 17/49 | €15,803 | €18,519 | +€2,716 | +17.2% |
| Amounts payable within one year | 42/48 | €15,803 | €18,519 | +€2,716 | +17.2% |
| Trade debts | 44 | €1,078 | €1,581 | +€502 | +46.6% |
| Suppliers | 440/4 | €1,078 | €1,581 | +€502 | +46.6% |
| Taxes, remuneration and social security | 45 | €14,725 | €16,365 | +€1,640 | +11.1% |
| Taxes | 450/3 | €14,725 | €16,365 | +€1,640 | +11.1% |
| Other amounts payable | 47/48 | - | €573 | +€573 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,107 | €19,260 | +€2,153 | +12.6% |
| Other operating charges | 640/8 | €888 | €1,948 | +€1,059 | +119.3% |
| Gross operating margin | 9900 | €39,337 | €26,137 | -€13,201 | -33.6% |
| Operating profit (loss) | 9901 | €21,343 | €4,929 | -€16,414 | -76.9% |
| Financial income | 75/76B | €541 | - | -€541 | |
| Recurring financial income | 75 | €541 | - | -€541 | |
| Financial charges | 65/66B | €2,892 | €2,416 | -€477 | -16.5% |
| Recurring financial charges | 65 | €2,892 | €2,416 | -€477 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €18,991 | €2,514 | -€16,478 | -86.8% |
| Income taxes | 67/77 | €4,500 | €2,831 | -€1,669 | -37.1% |
| Profit (loss) for the period | 9904 | €14,491 | -€318 | -€14,809 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,491 | -€318 | -€14,809 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.