SNACK FACTORY: 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.
SNACK FACTORY
Largest movements
- Receivables within one year -€60,280
down €60,280 (-38.7%), from €155,774 to €95,494
of which Other amounts receivable: -€41,795
- Tangible fixed assets -€30,407
down €30,407 (-5.0%), from €611,706 to €581,300
of which Land and buildings: -€31,140
- Debts after one year -€93,095
down €93,095 (-21.0%), from €442,390 to €349,295
- Other debts +€61,213
up €61,213 (+64.9%), from €94,314 to €155,527
- Profit (loss) carried forward -€46,725
down €46,725 (-24.3%), from -€192,461 to -€239,186
- Trade debts -€19,159
down €19,159 (-7.8%), from €245,269 to €226,110
- Staff costs +€48,567
up €48,567 (+18.6%), from €260,481 to €309,047
- Write-downs +€38,815
new in 2024: €38,815
- Financial charges +€9,345
up €9,345 (+35.1%), from €26,648 to €35,994
- Gross operating margin +€8,979
up €8,979 (+2.4%), from €373,353 to €382,332
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €838,487 | €746,972 | -€91,515 | -10.9% |
| Fixed assets | 21/28 | €611,706 | €581,300 | -€30,407 | -5.0% |
| Tangible fixed assets | 22/27 | €611,706 | €581,300 | -€30,407 | -5.0% |
| Land and buildings | 22 | €588,894 | €557,754 | -€31,140 | -5.3% |
| Plant, machinery and equipment | 23 | €18,753 | €18,819 | +€66 | +0.4% |
| Furniture and vehicles | 24 | €4,059 | €4,726 | +€667 | +16.4% |
| Current assets | 29/58 | €226,781 | €165,672 | -€61,109 | -26.9% |
| Stocks and contracts in progress | 3 | €52,885 | €52,885 | = | 0.0% |
| Stocks | 30/36 | €52,885 | €52,885 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €155,774 | €95,494 | -€60,280 | -38.7% |
| Trade receivables | 40 | €83,450 | €64,965 | -€18,485 | -22.2% |
| Other amounts receivable | 41 | €72,324 | €30,530 | -€41,795 | -57.8% |
| Cash at bank and in hand | 54/58 | €9,371 | €10,804 | +€1,433 | +15.3% |
| Deferred charges and accrued income | 490/1 | €8,750 | €6,489 | -€2,261 | -25.8% |
| Total equity and liabilities | 10/49 | €838,487 | €746,972 | -€91,515 | -10.9% |
| Equity | 10/15 | -€87,501 | -€134,226 | -€46,725 | -53.4% |
| Contributions | 10/11 | €102,000 | €102,000 | = | 0.0% |
| Reserves | 13 | €2,960 | €2,960 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,960 | €2,960 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,960 | €2,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€192,461 | -€239,186 | -€46,725 | -24.3% |
| Amounts payable | 17/49 | €925,988 | €881,198 | -€44,791 | -4.8% |
| Amounts payable after more than one year | 17 | €442,390 | €349,295 | -€93,095 | -21.0% |
| Financial debts | 170/4 | €442,390 | €349,295 | -€93,095 | -21.0% |
| Amounts payable within one year | 42/48 | €479,678 | €521,205 | +€41,528 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €84,223 | €82,029 | -€2,194 | -2.6% |
| Trade debts | 44 | €245,269 | €226,110 | -€19,159 | -7.8% |
| Suppliers | 440/4 | €245,269 | €226,110 | -€19,159 | -7.8% |
| Taxes, remuneration and social security | 45 | €55,871 | €57,539 | +€1,668 | +3.0% |
| Taxes | 450/3 | €45,630 | €48,438 | +€2,808 | +6.2% |
| Remuneration and social security | 454/9 | €10,241 | €9,101 | -€1,140 | -11.1% |
| Other amounts payable | 47/48 | €94,314 | €155,527 | +€61,213 | +64.9% |
| Accrued charges and deferred income | 492/3 | €3,921 | €10,698 | +€6,777 | +173% |
| Remuneration, social security and pensions | 62 | €260,481 | €309,047 | +€48,567 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,699 | €39,235 | -€2,464 | -5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €38,815 | +€38,815 | |
| Other operating charges | 640/8 | €4,710 | €5,998 | +€1,288 | +27.4% |
| Gross operating margin | 9900 | €373,353 | €382,332 | +€8,979 | +2.4% |
| Operating profit (loss) | 9901 | €66,463 | -€10,764 | -€77,227 | |
| Financial income | 75/76B | €3,602 | €33 | -€3,569 | -99.1% |
| Recurring financial income | 75 | €3,602 | €33 | -€3,569 | -99.1% |
| Financial charges | 65/66B | €26,648 | €35,994 | +€9,345 | +35.1% |
| Recurring financial charges | 65 | €26,648 | €35,994 | +€9,345 | +35.1% |
| Profit (loss) for the period before taxes | 9903 | €43,416 | -€46,725 | -€90,141 | |
| Income taxes | 67/77 | €70 | €0 | -€70 | -100% |
| Profit (loss) for the period | 9904 | €43,346 | -€46,725 | -€90,071 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,346 | -€46,725 | -€90,071 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.