SNAP: 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.
SNAP
Largest movements
- Receivables within one year +€110,795
up €110,795 (+19.5%), from €567,816 to €678,611
- Deferred charges and accrued income -€20,385
no longer reported in 2025 (was €20,385)
- Profit (loss) carried forward +€100,628
up €100,628 (+52.6%), from €191,396 to €292,024
- Tax, wage and social debts +€66,965
up €66,965 (+52.8%), from €126,835 to €193,800
of which Taxes: +€46,049
- Accrued charges and deferred income -€58,475
no longer reported in 2025 (was €58,475)
- Trade debts -€29,294
down €29,294 (-50.7%), from €57,833 to €28,539
- Other debts +€13,651
up €13,651 (+10.4%), from €131,176 to €144,827
- Turnover +€1.5m
new in 2025: €1.5m
- Gross operating margin +€494,937
up €494,937 (+57.9%), from €854,463 to €1.3m
- Staff costs +€400,753
up €400,753 (+51.0%), from €786,521 to €1.2m
- Purchases and services +€111,665
new in 2025: €111,665
- Financial charges +€53,165
up €53,165 (+340%), from €15,653 to €68,818
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €588,201 | €680,023 | +€91,822 | +15.6% |
| Fixed assets | 21/28 | - | €1,412 | +€1,412 | |
| Tangible fixed assets | 22/27 | - | €1,412 | +€1,412 | |
| Current assets | 29/58 | €588,201 | €678,611 | +€90,410 | +15.4% |
| Amounts receivable within one year | 40/41 | €567,816 | €678,611 | +€110,795 | +19.5% |
| Other amounts receivable | 41 | €567,816 | €678,611 | +€110,795 | +19.5% |
| Deferred charges and accrued income | 490/1 | €20,385 | - | -€20,385 | |
| Total equity and liabilities | 10/49 | €588,201 | €680,023 | +€91,822 | +15.6% |
| Equity | 10/15 | €212,229 | €312,857 | +€100,628 | +47.4% |
| Contributions | 10/11 | €20,833 | €20,833 | = | 0.0% |
| Profit (loss) carried forward | 14 | €191,396 | €292,024 | +€100,628 | +52.6% |
| Amounts payable | 17/49 | €375,972 | €367,165 | -€8,807 | -2.3% |
| Amounts payable within one year | 42/48 | €317,497 | €367,165 | +€49,668 | +15.6% |
| Financial debts | 43 | €1,653 | - | -€1,653 | |
| Credit institutions | 430/8 | €1,653 | - | -€1,653 | |
| Trade debts | 44 | €57,833 | €28,539 | -€29,294 | -50.7% |
| Suppliers | 440/4 | €57,833 | €28,539 | -€29,294 | -50.7% |
| Taxes, remuneration and social security | 45 | €126,835 | €193,800 | +€66,965 | +52.8% |
| Taxes | 450/3 | €40,437 | €86,486 | +€46,049 | +114% |
| Remuneration and social security | 454/9 | €86,398 | €107,314 | +€20,916 | +24.2% |
| Other amounts payable | 47/48 | €131,176 | €144,827 | +€13,651 | +10.4% |
| Accrued charges and deferred income | 492/3 | €58,475 | - | -€58,475 | |
| Turnover | 70 | - | €1,461,065 | +€1.5m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €111,665 | +€111,665 | |
| Remuneration, social security and pensions | 62 | €786,521 | €1,187,274 | +€400,753 | +51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €543 | +€543 | |
| Gross operating margin | 9900 | €854,463 | €1,349,400 | +€494,937 | +57.9% |
| Operating profit (loss) | 9901 | €67,943 | €161,582 | +€93,639 | +138% |
| Financial income | 75/76B | €63,823 | €42,140 | -€21,683 | -34.0% |
| Recurring financial income | 75 | €63,823 | €42,140 | -€21,683 | -34.0% |
| Financial charges | 65/66B | €15,653 | €68,818 | +€53,165 | +340% |
| Recurring financial charges | 65 | €15,653 | €68,818 | +€53,165 | +340% |
| Profit (loss) for the period before taxes | 9903 | €116,112 | €134,905 | +€18,793 | +16.2% |
| Income taxes | 67/77 | €28,952 | €34,276 | +€5,324 | +18.4% |
| Profit (loss) for the period | 9904 | €87,160 | €100,628 | +€13,468 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €87,160 | €100,628 | +€13,468 | +15.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.