SNAMELLIT: 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.
SNAMELLIT
Largest movements
- Cash +€39,796
up €39,796 (+18.4%), from €216,709 to €256,505
mainly Net result for the year (+€58,762) and Tax, wage and social debts (+€20,771)
- Receivables within one year +€36,540
up €36,540 (+39.3%), from €92,979 to €129,519
of which Trade receivables: +€18,677
- Tangible fixed assets +€6,341
up €6,341 (+466.6%), from €1,359 to €7,700
- Reserves +€58,762
up €58,762 (+21.1%), from €278,878 to €337,640
of which Distributable reserves: +€60,622
- Tax, wage and social debts +€20,771
up €20,771 (+105.1%), from €19,769 to €40,540
- Gross operating margin +€29,542
up €29,542 (+55.7%), from €53,085 to €82,627
- Taxes +€9,662
up €9,662 (+66.4%), from €14,541 to €24,203
- Financial income +€3,619
new in 2024: €3,619
- Other operating charges -€2,320
down €2,320 (-63.5%), from €3,654 to €1,334
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.
Cash bridge derived
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 | €311,047 | €393,724 | +€82,677 | +26.6% |
| Fixed assets | 21/28 | €1,359 | €7,700 | +€6,341 | +466.6% |
| Tangible fixed assets | 22/27 | €1,359 | €7,700 | +€6,341 | +466.6% |
| Furniture and vehicles | 24 | €1,359 | €7,700 | +€6,341 | +466.6% |
| Current assets | 29/58 | €309,688 | €386,024 | +€76,336 | +24.6% |
| Amounts receivable within one year | 40/41 | €92,979 | €129,519 | +€36,540 | +39.3% |
| Trade receivables | 40 | €36,151 | €54,828 | +€18,677 | +51.7% |
| Other amounts receivable | 41 | €56,828 | €74,691 | +€17,863 | +31.4% |
| Cash at bank and in hand | 54/58 | €216,709 | €256,505 | +€39,796 | +18.4% |
| Total equity and liabilities | 10/49 | €311,047 | €393,724 | +€82,677 | +26.6% |
| Equity | 10/15 | €291,278 | €350,040 | +€58,762 | +20.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €278,878 | €337,640 | +€58,762 | +21.1% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €277,018 | €337,640 | +€60,622 | +21.9% |
| Amounts payable | 17/49 | €19,769 | €43,684 | +€23,915 | +121.0% |
| Amounts payable within one year | 42/48 | €19,769 | €43,684 | +€23,915 | +121.0% |
| Trade debts | 44 | - | €3,144 | +€3,144 | |
| Suppliers | 440/4 | - | €3,144 | +€3,144 | |
| Taxes, remuneration and social security | 45 | €19,769 | €40,540 | +€20,771 | +105.1% |
| Taxes | 450/3 | €19,769 | €40,540 | +€20,771 | +105.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,173 | €1,633 | +€460 | +39.2% |
| Other operating charges | 640/8 | €3,654 | €1,334 | -€2,320 | -63.5% |
| Gross operating margin | 9900 | €53,085 | €82,627 | +€29,542 | +55.7% |
| Operating profit (loss) | 9901 | €48,258 | €79,660 | +€31,402 | +65.1% |
| Financial income | 75/76B | - | €3,619 | +€3,619 | |
| Recurring financial income | 75 | - | €3,619 | +€3,619 | |
| Financial charges | 65/66B | €914 | €314 | -€600 | -65.6% |
| Recurring financial charges | 65 | €914 | €314 | -€600 | -65.6% |
| Profit (loss) for the period before taxes | 9903 | €47,344 | €82,965 | +€35,621 | +75.2% |
| Income taxes | 67/77 | €14,541 | €24,203 | +€9,662 | +66.4% |
| Profit (loss) for the period | 9904 | €32,803 | €58,762 | +€25,959 | +79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,803 | €58,762 | +€25,959 | +79.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.