SNARC.AI: 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.
SNARC.AI
Largest movements
- Cash -€23,505
down €23,505 (-34.9%), from €67,387 to €43,883
mainly Contributions, distributions and other (-€203,378) and Debts after one year (-€51,164)
- Receivables after one year +€9,000
up €9,000 (+2.8%), from €321,058 to €330,058
- Tangible fixed assets +€8,449
up €8,449 (+23.2%), from €36,397 to €44,845
of which Furniture and vehicles: +€15,486
- Receivables within one year +€6,998
up €6,998 (+30.4%), from €23,020 to €30,018
of which Trade receivables: +€6,964
- Other debts +€174,097
up €174,097 (+603%), from €28,891 to €202,988
- Reserves -€116,446
down €116,446 (-57.3%), from €203,378 to €86,932
- Debts after one year -€51,164
down €51,164 (-36.6%), from €139,797 to €88,634
- Tax, wage and social debts -€10,118
down €10,118 (-55.8%), from €18,133 to €8,015
of which Taxes: -€8,540
- Trade debts +€7,866
up €7,866 (+196%), from €4,023 to €11,889
- Gross operating margin +€9,757
up €9,757 (+7.7%), from €126,501 to €136,258
- Financial charges -€3,196
down €3,196 (-38.9%), from €8,217 to €5,022
- Depreciation +€3,117
up €3,117 (+16.2%), from €19,254 to €22,371
- Taxes +€2,455
up €2,455 (+8.8%), from €27,993 to €30,449
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 | €462,525 | €468,222 | +€5,696 | +1.2% |
| Fixed assets | 21/28 | €36,397 | €44,845 | +€8,449 | +23.2% |
| Tangible fixed assets | 22/27 | €36,397 | €44,845 | +€8,449 | +23.2% |
| Plant, machinery and equipment | 23 | €7,037 | - | -€7,037 | |
| Furniture and vehicles | 24 | €29,359 | €44,845 | +€15,486 | +52.7% |
| Current assets | 29/58 | €426,129 | €423,376 | -€2,752 | -0.6% |
| Amounts receivable after more than one year | 29 | €321,058 | €330,058 | +€9,000 | +2.8% |
| Other amounts receivable | 291 | €321,058 | €330,058 | +€9,000 | +2.8% |
| Amounts receivable within one year | 40/41 | €23,020 | €30,018 | +€6,998 | +30.4% |
| Trade receivables | 40 | €18,513 | €25,477 | +€6,964 | +37.6% |
| Other amounts receivable | 41 | €4,507 | €4,541 | +€34 | +0.8% |
| Current investments | 50/53 | €13,237 | €15,979 | +€2,741 | +20.7% |
| Cash at bank and in hand | 54/58 | €67,387 | €43,883 | -€23,505 | -34.9% |
| Deferred charges and accrued income | 490/1 | €1,427 | €3,440 | +€2,013 | +141% |
| Total equity and liabilities | 10/49 | €462,525 | €468,222 | +€5,696 | +1.2% |
| Equity | 10/15 | €221,978 | €105,532 | -€116,446 | -52.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €203,378 | €86,932 | -€116,446 | -57.3% |
| Distributable reserves | 133 | €203,378 | €86,932 | -€116,446 | -57.3% |
| Amounts payable | 17/49 | €240,547 | €362,689 | +€122,142 | +50.8% |
| Amounts payable after more than one year | 17 | €139,797 | €88,634 | -€51,164 | -36.6% |
| Financial debts | 170/4 | €139,797 | €88,634 | -€51,164 | -36.6% |
| Amounts payable within one year | 42/48 | €100,750 | €274,056 | +€173,306 | +172% |
| Current portion of amounts payable after more than one year | 42 | €49,703 | €51,164 | +€1,461 | +2.9% |
| Trade debts | 44 | €4,023 | €11,889 | +€7,866 | +196% |
| Suppliers | 440/4 | €4,023 | €11,889 | +€7,866 | +196% |
| Taxes, remuneration and social security | 45 | €18,133 | €8,015 | -€10,118 | -55.8% |
| Taxes | 450/3 | €16,555 | €8,015 | -€8,540 | -51.6% |
| Remuneration and social security | 454/9 | €1,578 | - | -€1,578 | |
| Other amounts payable | 47/48 | €28,891 | €202,988 | +€174,097 | +603% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,254 | €22,371 | +€3,117 | +16.2% |
| Other operating charges | 640/8 | €535 | €585 | +€50 | +9.4% |
| Gross operating margin | 9900 | €126,501 | €136,258 | +€9,757 | +7.7% |
| Operating profit (loss) | 9901 | €106,711 | €113,301 | +€6,590 | +6.2% |
| Financial income | 75/76B | €9,038 | €9,101 | +€64 | +0.7% |
| Recurring financial income | 75 | €9,038 | €9,101 | +€64 | +0.7% |
| Financial charges | 65/66B | €8,217 | €5,022 | -€3,196 | -38.9% |
| Recurring financial charges | 65 | €8,217 | €5,022 | -€3,196 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €107,532 | €117,381 | +€9,849 | +9.2% |
| Income taxes | 67/77 | €27,993 | €30,449 | +€2,455 | +8.8% |
| Profit (loss) for the period | 9904 | €79,539 | €86,932 | +€7,394 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €79,539 | €86,932 | +€7,394 | +9.3% |
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 22 October 2026 via checked.be.