SNBM: 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.
SNBM
Largest movements
- Tangible fixed assets +€11,279
up €11,279 (+63.2%), from €17,834 to €29,114
of which Furniture and vehicles: +€11,879
- Receivables within one year +€8,709
up €8,709 (+8.5%), from €102,537 to €111,247
of which Trade receivables: +€6,527
- Cash +€2,615
up €2,615 (+10,486%), from €25 to €2,640
mainly Net result for the year (+€25,229) and Other debts (+€18,593)
- Deferred charges and accrued income +€1,651
up €1,651 (+53.1%), from €3,108 to €4,759
- Trade debts -€31,079
down €31,079 (-36.2%), from €85,970 to €54,891
- Profit (loss) carried forward +€25,229
up €25,229 (+250%), from €10,095 to €35,324
- Other debts +€18,593
up €18,593 (+126%), from €14,771 to €33,364
- Advances received +€11,000
new in 2024: €11,000
- Staff costs -€12,684
down €12,684 (-42.4%), from €29,892 to €17,208
- Gross operating margin +€10,301
up €10,301 (+21.7%), from €47,550 to €57,852
- Other operating charges -€4,496
down €4,496 (-53.5%), from €8,401 to €3,906
- Taxes +€3,473
up €3,473 (+106%), from €3,269 to €6,742
- Depreciation +€919
up €919 (+26.0%), from €3,530 to €4,449
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.
Derived cash bridge
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 | €123,504 | €147,759 | +€24,255 | +19.6% |
| Fixed assets | 21/28 | €17,834 | €29,114 | +€11,279 | +63.2% |
| Tangible fixed assets | 22/27 | €17,834 | €29,114 | +€11,279 | +63.2% |
| Furniture and vehicles | 24 | €12,434 | €24,314 | +€11,879 | +95.5% |
| Other tangible fixed assets | 26 | €5,400 | €4,800 | -€600 | -11.1% |
| Current assets | 29/58 | €105,670 | €118,646 | +€12,975 | +12.3% |
| Amounts receivable within one year | 40/41 | €102,537 | €111,247 | +€8,709 | +8.5% |
| Trade receivables | 40 | €100,271 | €106,798 | +€6,527 | +6.5% |
| Other amounts receivable | 41 | €2,266 | €4,449 | +€2,183 | +96.3% |
| Cash at bank and in hand | 54/58 | €25 | €2,640 | +€2,615 | +10,486% |
| Deferred charges and accrued income | 490/1 | €3,108 | €4,759 | +€1,651 | +53.1% |
| Total equity and liabilities | 10/49 | €123,504 | €147,759 | +€24,255 | +19.6% |
| Equity | 10/15 | €11,095 | €36,324 | +€25,229 | +227% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,095 | €35,324 | +€25,229 | +250% |
| Amounts payable | 17/49 | €112,410 | €111,436 | -€974 | -0.9% |
| Amounts payable within one year | 42/48 | €112,410 | €111,436 | -€974 | -0.9% |
| Trade debts | 44 | €85,970 | €54,891 | -€31,079 | -36.2% |
| Suppliers | 440/4 | €85,970 | €54,891 | -€31,079 | -36.2% |
| Advances received on contracts in progress | 46 | - | €11,000 | +€11,000 | |
| Taxes, remuneration and social security | 45 | €11,668 | €12,181 | +€512 | +4.4% |
| Taxes | 450/3 | €9,154 | €10,872 | +€1,719 | +18.8% |
| Remuneration and social security | 454/9 | €2,515 | €1,308 | -€1,206 | -48.0% |
| Other amounts payable | 47/48 | €14,771 | €33,364 | +€18,593 | +126% |
| Remuneration, social security and pensions | 62 | €29,892 | €17,208 | -€12,684 | -42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,530 | €4,449 | +€919 | +26.0% |
| Other operating charges | 640/8 | €8,401 | €3,906 | -€4,496 | -53.5% |
| Gross operating margin | 9900 | €47,550 | €57,852 | +€10,301 | +21.7% |
| Operating profit (loss) | 9901 | €5,727 | €32,289 | +€26,562 | +464% |
| Financial income | 75/76B | €3 | €1 | -€2 | -72.3% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -72.3% |
| Financial charges | 65/66B | €219 | €320 | +€101 | +46.2% |
| Recurring financial charges | 65 | €219 | €320 | +€101 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | €5,511 | €31,971 | +€26,459 | +480% |
| Income taxes | 67/77 | €3,269 | €6,742 | +€3,473 | +106% |
| Profit (loss) for the period | 9904 | €2,242 | €25,229 | +€22,987 | +1,025% |
| Profit (loss) for the period to be appropriated | 9905 | €2,242 | €25,229 | +€22,987 | +1,025% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.