SNDCLSH: 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.
SNDCLSH
Largest movements
- Receivables within one year -€16,590
down €16,590 (-84.4%), from €19,648 to €3,058
of which Other amounts receivable: -€15,824
- Cash +€8,402
up €8,402 (+46.1%), from €18,227 to €26,629
mainly Receivables within one year (+€16,590) and Net result for the year (+€5,962)
- Tangible fixed assets -€539
down €539 (-16.9%), from €3,187 to €2,648
of which Plant, machinery and equipment: -€1,084
- Tax, wage and social debts -€10,223
down €10,223 (-38.0%), from €26,882 to €16,659
- Other debts +€649
new in 2025: €649
- Gross operating margin -€4,095
down €4,095 (-23.2%), from €17,656 to €13,561
- Depreciation -€3,494
down €3,494 (-61.2%), from €5,707 to €2,213
- Financial income -€1,612
down €1,612 (-100.0%), from €1,613 to €0
- Taxes -€1,141
down €1,141 (-23.2%), from €4,918 to €3,777
- Other operating charges +€360
up €360 (+32.6%), from €1,104 to €1,464
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 | €42,303 | €33,619 | -€8,685 | -20.5% |
| Fixed assets | 21/28 | €3,337 | €2,798 | -€539 | -16.2% |
| Tangible fixed assets | 22/27 | €3,187 | €2,648 | -€539 | -16.9% |
| Plant, machinery and equipment | 23 | €2,067 | €983 | -€1,084 | -52.4% |
| Furniture and vehicles | 24 | €1,120 | €1,665 | +€545 | +48.6% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €38,966 | €30,820 | -€8,145 | -20.9% |
| Amounts receivable within one year | 40/41 | €19,648 | €3,058 | -€16,590 | -84.4% |
| Trade receivables | 40 | €3,626 | €2,860 | -€766 | -21.1% |
| Other amounts receivable | 41 | €16,022 | €198 | -€15,824 | -98.8% |
| Cash at bank and in hand | 54/58 | €18,227 | €26,629 | +€8,402 | +46.1% |
| Deferred charges and accrued income | 490/1 | €1,091 | €1,133 | +€42 | +3.9% |
| Total equity and liabilities | 10/49 | €42,303 | €33,619 | -€8,685 | -20.5% |
| Equity | 10/15 | €13,531 | €13,660 | +€129 | +1.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,531 | €9,660 | +€129 | +1.4% |
| Amounts payable | 17/49 | €28,772 | €19,958 | -€8,814 | -30.6% |
| Amounts payable within one year | 42/48 | €28,772 | €19,558 | -€9,213 | -32.0% |
| Financial debts | 43 | - | €11 | +€11 | |
| Credit institutions | 430/8 | - | €11 | +€11 | |
| Trade debts | 44 | €1,890 | €2,240 | +€351 | +18.6% |
| Suppliers | 440/4 | €1,890 | €2,240 | +€351 | +18.6% |
| Taxes, remuneration and social security | 45 | €26,882 | €16,659 | -€10,223 | -38.0% |
| Taxes | 450/3 | €26,882 | €16,659 | -€10,223 | -38.0% |
| Other amounts payable | 47/48 | - | €649 | +€649 | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,707 | €2,213 | -€3,494 | -61.2% |
| Other operating charges | 640/8 | €1,104 | €1,464 | +€360 | +32.6% |
| Gross operating margin | 9900 | €17,656 | €13,561 | -€4,095 | -23.2% |
| Operating profit (loss) | 9901 | €10,844 | €9,884 | -€961 | -8.9% |
| Financial income | 75/76B | €1,613 | €0 | -€1,612 | -100.0% |
| Recurring financial income | 75 | €1,613 | €0 | -€1,612 | -100.0% |
| Financial charges | 65/66B | €123 | €145 | +€22 | +18.0% |
| Recurring financial charges | 65 | €123 | €145 | +€22 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €12,334 | €9,739 | -€2,595 | -21.0% |
| Income taxes | 67/77 | €4,918 | €3,777 | -€1,141 | -23.2% |
| Profit (loss) for the period | 9904 | €7,416 | €5,962 | -€1,454 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,416 | €5,962 | -€1,454 | -19.6% |
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 15 October 2026 via checked.be.