SNAPPIES: 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.
SNAPPIES
Largest movements
- Cash +€134,623
up €134,623 (+379.6%), from €35,462 to €170,085
mainly Contributions, distributions and other (+€173,453) and Depreciation (+€155,807)
- Tangible fixed assets +€53,841
up €53,841 (+24.0%), from €223,880 to €277,721
of which Other tangible fixed assets: +€36,398
- Receivables within one year -€32,789
down €32,789 (-10.6%), from €309,027 to €276,238
of which Other amounts receivable: -€121,664
- Contributions +€221,503
up €221,503 (+79.1%), from €280,000 to €501,503
- Debts after one year -€124,760
down €124,760 (-56.8%), from €219,738 to €94,977
- Profit (loss) carried forward +€111,155
up €111,155 (+46.9%), from -€236,981 to -€125,826
- Investment grants -€48,050
down €48,050 (-38.3%), from €125,491 to €77,441
- Trade debts +€18,758
up €18,758 (+89.6%), from €20,945 to €39,704
- Gross operating margin +€230,606
up €230,606 (+93.4%), from €246,885 to €477,491
- Staff costs +€89,113
up €89,113 (+67.7%), from €131,558 to €220,671
- Depreciation +€23,719
up €23,719 (+18.0%), from €132,088 to €155,807
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 | €581,317 | €742,760 | +€161,443 | +27.8% |
| Fixed assets | 21/28 | €230,105 | €289,653 | +€59,548 | +25.9% |
| Intangible fixed assets | 21 | €970 | €210 | -€760 | -78.3% |
| Tangible fixed assets | 22/27 | €223,880 | €277,721 | +€53,841 | +24.0% |
| Plant, machinery and equipment | 23 | €20,317 | €36,417 | +€16,100 | +79.2% |
| Furniture and vehicles | 24 | €180,989 | €191,453 | +€10,464 | +5.8% |
| Leasing and similar rights | 25 | €17,004 | €7,883 | -€9,121 | -53.6% |
| Other tangible fixed assets | 26 | €5,570 | €41,968 | +€36,398 | +653.4% |
| Financial fixed assets | 28 | €5,255 | €11,722 | +€6,467 | +123.1% |
| Current assets | 29/58 | €351,212 | €453,107 | +€101,895 | +29.0% |
| Amounts receivable within one year | 40/41 | €309,027 | €276,238 | -€32,789 | -10.6% |
| Trade receivables | 40 | €109,027 | €197,902 | +€88,875 | +81.5% |
| Other amounts receivable | 41 | €200,000 | €78,336 | -€121,664 | -60.8% |
| Cash at bank and in hand | 54/58 | €35,462 | €170,085 | +€134,623 | +379.6% |
| Deferred charges and accrued income | 490/1 | €6,723 | €6,784 | +€61 | +0.9% |
| Total equity and liabilities | 10/49 | €581,317 | €742,760 | +€161,443 | +27.8% |
| Equity | 10/15 | €168,510 | €453,118 | +€284,607 | +168.9% |
| Contributions | 10/11 | €280,000 | €501,503 | +€221,503 | +79.1% |
| Profit (loss) carried forward | 14 | -€236,981 | -€125,826 | +€111,155 | +46.9% |
| Investment grants | 15 | €125,491 | €77,441 | -€48,050 | -38.3% |
| Amounts payable | 17/49 | €412,807 | €289,642 | -€123,165 | -29.8% |
| Amounts payable after more than one year | 17 | €219,738 | €94,977 | -€124,760 | -56.8% |
| Financial debts | 170/4 | €219,738 | €94,977 | -€124,760 | -56.8% |
| Amounts payable within one year | 42/48 | €143,069 | €158,333 | +€15,264 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €82,347 | €75,343 | -€7,004 | -8.5% |
| Trade debts | 44 | €20,945 | €39,704 | +€18,758 | +89.6% |
| Suppliers | 440/4 | €20,945 | €39,704 | +€18,758 | +89.6% |
| Taxes, remuneration and social security | 45 | €38,926 | €43,286 | +€4,360 | +11.2% |
| Taxes | 450/3 | €29,500 | €13,113 | -€16,387 | -55.5% |
| Remuneration and social security | 454/9 | €9,427 | €30,173 | +€20,747 | +220.1% |
| Other amounts payable | 47/48 | €851 | €0 | -€851 | -100.0% |
| Accrued charges and deferred income | 492/3 | €50,000 | €36,332 | -€13,668 | -27.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €131,558 | €220,671 | +€89,113 | +67.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,088 | €155,807 | +€23,719 | +18.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,136 | €1,457 | -€1,680 | -53.6% |
| Non-recurring operating charges | 66A | - | €783 | +€783 | |
| Gross operating margin | 9900 | €246,885 | €477,491 | +€230,606 | +93.4% |
| Operating profit (loss) | 9901 | -€19,898 | €98,772 | +€118,670 | |
| Financial income | 75/76B | €30,330 | €29,313 | -€1,018 | -3.4% |
| Recurring financial income | 75 | €30,330 | €28,943 | -€1,388 | -4.6% |
| Non-recurring financial income | 76B | - | €370 | +€370 | |
| Financial charges | 65/66B | €17,276 | €16,878 | -€398 | -2.3% |
| Recurring financial charges | 65 | €17,276 | €16,878 | -€398 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,844 | €111,207 | +€118,050 | |
| Income taxes | 67/77 | - | €52 | +€52 | |
| Profit (loss) for the period | 9904 | -€6,844 | €111,155 | +€117,998 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,844 | €111,155 | +€117,998 |
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 9 October 2026 via checked.be.