SNEHDIAM: 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.
SNEHDIAM
Largest movements
- Receivables within one year +€279,940
up €279,940 (+27.2%), from €1.0m to €1.3m
of which Trade receivables: +€206,237
- Stocks and contracts -€211,810
down €211,810 (-24.8%), from €855,150 to €643,340
- Cash +€119,843
up €119,843 (+30.3%), from €394,879 to €514,722
mainly Stocks and contracts (+€211,810) and Advances received (+€147,872)
- Advances received +€147,872
up €147,872 (+76.0%), from €194,503 to €342,375
- Trade debts +€145,442
up €145,442 (+21.6%), from €674,092 to €819,534
- Reserves -€136,134
down €136,134 (-9.6%), from €1.4m to €1.3m
of which Distributable reserves: -€136,134
- Write-downs -€205,523
down €205,523, from €204,379 to -€1,144
- Financial charges +€90,739
up €90,739 (+1,468%), from €6,182 to €96,921
- Other operating charges -€54,343
down €54,343 (-98.0%), from €55,462 to €1,118
- Gross operating margin -€43,877
down €43,877, from €22,167 to -€21,710
- Financial income -€30,023
down €30,023 (-92.2%), from €32,577 to €2,554
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 | €2,303,702 | €2,478,256 | +€174,553 | +7.6% |
| Fixed assets | 21/28 | €6,422 | €5,908 | -€514 | -8.0% |
| Tangible fixed assets | 22/27 | €5,224 | €4,710 | -€514 | -9.8% |
| Plant, machinery and equipment | 23 | €4,061 | €3,910 | -€151 | -3.7% |
| Furniture and vehicles | 24 | €1,163 | €800 | -€363 | -31.2% |
| Financial fixed assets | 28 | €1,198 | €1,198 | = | 0.0% |
| Current assets | 29/58 | €2,297,281 | €2,472,348 | +€175,067 | +7.6% |
| Stocks and contracts in progress | 3 | €855,150 | €643,340 | -€211,810 | -24.8% |
| Stocks | 30/36 | €855,150 | €643,340 | -€211,810 | -24.8% |
| Amounts receivable within one year | 40/41 | €1,028,465 | €1,308,405 | +€279,940 | +27.2% |
| Trade receivables | 40 | €1,027,217 | €1,233,454 | +€206,237 | +20.1% |
| Other amounts receivable | 41 | €1,248 | €74,951 | +€73,703 | +5,903% |
| Current investments | 50/53 | €1,140 | €1,140 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €394,879 | €514,722 | +€119,843 | +30.3% |
| Deferred charges and accrued income | 490/1 | €17,647 | €4,740 | -€12,906 | -73.1% |
| Total equity and liabilities | 10/49 | €2,303,702 | €2,478,256 | +€174,553 | +7.6% |
| Equity | 10/15 | €1,434,975 | €1,298,840 | -€136,134 | -9.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,416,383 | €1,280,248 | -€136,134 | -9.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,414,523 | €1,278,389 | -€136,134 | -9.6% |
| Amounts payable | 17/49 | €868,728 | €1,179,415 | +€310,687 | +35.8% |
| Amounts payable within one year | 42/48 | €868,728 | €1,179,415 | +€310,687 | +35.8% |
| Financial debts | 43 | - | €506 | +€506 | |
| Credit institutions | 430/8 | - | €506 | +€506 | |
| Trade debts | 44 | €674,092 | €819,534 | +€145,442 | +21.6% |
| Suppliers | 440/4 | €674,092 | €819,534 | +€145,442 | +21.6% |
| Advances received on contracts in progress | 46 | €194,503 | €342,375 | +€147,872 | +76.0% |
| Taxes, remuneration and social security | 45 | - | €17,000 | +€17,000 | |
| Taxes | 450/3 | - | €17,000 | +€17,000 | |
| Other amounts payable | 47/48 | €132 | - | -€132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,873 | €3,073 | +€201 | +7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €204,379 | -€1,144 | -€205,523 | |
| Other operating charges | 640/8 | €55,462 | €1,118 | -€54,343 | -98.0% |
| Gross operating margin | 9900 | €22,167 | -€21,710 | -€43,877 | |
| Operating profit (loss) | 9901 | -€240,546 | -€24,758 | +€215,788 | +89.7% |
| Financial income | 75/76B | €32,577 | €2,554 | -€30,023 | -92.2% |
| Recurring financial income | 75 | €32,577 | €2,554 | -€30,023 | -92.2% |
| Financial charges | 65/66B | €6,182 | €96,921 | +€90,739 | +1,468% |
| Recurring financial charges | 65 | €6,182 | €96,921 | +€90,739 | +1,468% |
| Profit (loss) for the period before taxes | 9903 | -€214,151 | -€119,125 | +€95,026 | +44.4% |
| Income taxes | 67/77 | -€159 | €17,009 | +€17,168 | |
| Profit (loss) for the period | 9904 | -€213,992 | -€136,134 | +€77,858 | +36.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€213,992 | -€136,134 | +€77,858 | +36.4% |
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 16 October 2026 via checked.be.