SNAD & Co: 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.
SNAD & Co
Largest movements
- Cash -€9,390
down €9,390 (-46.8%), from €20,048 to €10,659
mainly Other debts (-€32,800) and Contributions, distributions and other (-€28,000)
- Receivables within one year +€6,770
up €6,770 (+9.0%), from €74,838 to €81,608
of which Trade receivables: +€6,880
- Reserves +€45,000
up €45,000 (+16.2%), from €277,223 to €322,223
of which Distributable reserves: +€45,000
- Other debts -€32,800
down €32,800 (-51.3%), from €64,000 to €31,200
- Trade debts -€13,926
no longer reported in 2025 (was €13,926)
- Gross operating margin +€22,871
up €22,871 (+30.8%), from €74,139 to €97,009
- Taxes +€7,633
up €7,633 (+30.8%), from €24,813 to €32,446
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 | €397,566 | €393,849 | -€3,718 | -0.9% |
| Fixed assets | 21/28 | €635 | €263 | -€371 | -58.5% |
| Tangible fixed assets | 22/27 | €635 | €263 | -€371 | -58.5% |
| Furniture and vehicles | 24 | €635 | €263 | -€371 | -58.5% |
| Current assets | 29/58 | €396,932 | €393,585 | -€3,346 | -0.8% |
| Amounts receivable after more than one year | 29 | €300,000 | €300,000 | = | 0.0% |
| Other amounts receivable | 291 | €300,000 | €300,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €74,838 | €81,608 | +€6,770 | +9.0% |
| Trade receivables | 40 | - | €6,880 | +€6,880 | |
| Other amounts receivable | 41 | €74,838 | €74,728 | -€110 | -0.1% |
| Cash at bank and in hand | 54/58 | €20,048 | €10,659 | -€9,390 | -46.8% |
| Deferred charges and accrued income | 490/1 | €2,045 | €1,319 | -€726 | -35.5% |
| Total equity and liabilities | 10/49 | €397,566 | €393,849 | -€3,718 | -0.9% |
| Equity | 10/15 | €285,089 | €330,121 | +€45,032 | +15.8% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Capital | 10 | €6,300 | - | -€6,300 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,300 | - | -€12,300 | |
| Contributions outside capital | 11 | - | €6,300 | +€6,300 | |
| Other | 1109/19 | - | €6,300 | +€6,300 | |
| Reserves | 13 | €277,223 | €322,223 | +€45,000 | +16.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €18,363 | €18,363 | = | 0.0% |
| Distributable reserves | 133 | €257,000 | €302,000 | +€45,000 | +17.5% |
| Profit (loss) carried forward | 14 | €1,566 | €1,598 | +€32 | +2.0% |
| Amounts payable | 17/49 | €112,477 | €63,727 | -€48,749 | -43.3% |
| Amounts payable within one year | 42/48 | €106,596 | €60,697 | -€45,898 | -43.1% |
| Current portion of amounts payable after more than one year | 42 | €13,349 | €13,367 | +€18 | +0.1% |
| Trade debts | 44 | €13,926 | - | -€13,926 | |
| Suppliers | 440/4 | €13,926 | - | -€13,926 | |
| Taxes, remuneration and social security | 45 | €15,321 | €16,130 | +€809 | +5.3% |
| Taxes | 450/3 | €15,321 | €16,130 | +€809 | +5.3% |
| Other amounts payable | 47/48 | €64,000 | €31,200 | -€32,800 | -51.3% |
| Accrued charges and deferred income | 492/3 | €5,881 | €3,030 | -€2,851 | -48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €784 | €371 | -€413 | -52.6% |
| Other operating charges | 640/8 | €820 | €794 | -€26 | -3.1% |
| Gross operating margin | 9900 | €74,139 | €97,009 | +€22,871 | +30.8% |
| Operating profit (loss) | 9901 | €72,535 | €95,844 | +€23,309 | +32.1% |
| Financial income | 75/76B | €10,493 | €10,480 | -€13 | -0.1% |
| Recurring financial income | 75 | €10,493 | €10,480 | -€13 | -0.1% |
| Financial charges | 65/66B | €869 | €846 | -€23 | -2.6% |
| Recurring financial charges | 65 | €869 | €846 | -€23 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €82,159 | €105,478 | +€23,319 | +28.4% |
| Income taxes | 67/77 | €24,813 | €32,446 | +€7,633 | +30.8% |
| Profit (loss) for the period | 9904 | €57,345 | €73,032 | +€15,687 | +27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €57,345 | €73,032 | +€15,687 | +27.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.