SNADA: 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.
SNADA
Largest movements
- Receivables within one year +€28,422
up €28,422 (+331.1%), from €8,583 to €37,005
- Cash -€27,119
down €27,119 (-26.6%), from €101,769 to €74,651
mainly Receivables within one year (-€28,422) and Tax, wage and social debts (-€20,707)
- Tangible fixed assets -€6,603
down €6,603 (-39.0%), from €16,925 to €10,322
of which Plant, machinery and equipment: -€3,630
- Tax, wage and social debts -€20,707
down €20,707 (-50.6%), from €40,949 to €20,242
of which Remuneration and social security: -€18,072
- Trade debts +€12,600
up €12,600 (+40.8%), from €30,848 to €43,448
- Profit (loss) carried forward +€2,808
up €2,808 (+14.4%), from €19,476 to €22,283
- Staff costs +€83,426
up €83,426 (+63.8%), from €130,823 to €214,250
- Gross operating margin +€78,207
up €78,207 (+53.7%), from €145,649 to €223,856
- Purchases and services +€70,947
up €70,947 (+18.1%), from €391,471 to €462,418
- Taxes -€4,631
down €4,631, from €1,390 to -€3,241
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 | €127,278 | €121,978 | -€5,300 | -4.2% |
| Fixed assets | 21/28 | €16,925 | €10,322 | -€6,603 | -39.0% |
| Tangible fixed assets | 22/27 | €16,925 | €10,322 | -€6,603 | -39.0% |
| Plant, machinery and equipment | 23 | €12,492 | €8,862 | -€3,630 | -29.1% |
| Furniture and vehicles | 24 | €2,480 | - | -€2,480 | |
| Other tangible fixed assets | 26 | €1,953 | €1,460 | -€493 | -25.2% |
| Current assets | 29/58 | €110,352 | €111,656 | +€1,303 | +1.2% |
| Amounts receivable within one year | 40/41 | €8,583 | €37,005 | +€28,422 | +331.1% |
| Trade receivables | 40 | €8,583 | €37,005 | +€28,422 | +331.1% |
| Cash at bank and in hand | 54/58 | €101,769 | €74,651 | -€27,119 | -26.6% |
| Total equity and liabilities | 10/49 | €127,278 | €121,978 | -€5,300 | -4.2% |
| Equity | 10/15 | €30,476 | €33,283 | +€2,808 | +9.2% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,476 | €22,283 | +€2,808 | +14.4% |
| Amounts payable | 17/49 | €96,802 | €88,695 | -€8,107 | -8.4% |
| Amounts payable within one year | 42/48 | €96,802 | €88,695 | -€8,107 | -8.4% |
| Trade debts | 44 | €30,848 | €43,448 | +€12,600 | +40.8% |
| Suppliers | 440/4 | €30,848 | €43,448 | +€12,600 | +40.8% |
| Taxes, remuneration and social security | 45 | €40,949 | €20,242 | -€20,707 | -50.6% |
| Taxes | 450/3 | €16,112 | €13,476 | -€2,636 | -16.4% |
| Remuneration and social security | 454/9 | €24,837 | €6,765 | -€18,072 | -72.8% |
| Other amounts payable | 47/48 | €25,005 | €25,005 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €391,471 | €462,418 | +€70,947 | +18.1% |
| Remuneration, social security and pensions | 62 | €130,823 | €214,250 | +€83,426 | +63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,223 | €9,253 | +€2,029 | +28.1% |
| Other operating charges | 640/8 | €819 | €518 | -€301 | -36.8% |
| Non-recurring operating charges | 66A | €3,279 | €116 | -€3,163 | -96.5% |
| Gross operating margin | 9900 | €145,649 | €223,856 | +€78,207 | +53.7% |
| Operating profit (loss) | 9901 | €3,505 | -€280 | -€3,785 | |
| Financial charges | 65/66B | €406 | €153 | -€252 | -62.2% |
| Recurring financial charges | 65 | €406 | €153 | -€252 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | €3,099 | -€433 | -€3,532 | |
| Income taxes | 67/77 | €1,390 | -€3,241 | -€4,631 | |
| Profit (loss) for the period | 9904 | €1,709 | €2,808 | +€1,099 | +64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,709 | €2,808 | +€1,099 | +64.3% |
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 3 October 2026 via checked.be.