SNEL ONLINE: 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.
SNEL ONLINE
Largest movements
- Financial fixed assets +€11,616
up €11,616 (+38.8%), from €29,927 to €41,543
- Cash +€9,332
up €9,332 (+18.4%), from €50,723 to €60,055
mainly Net result for the year (+€45,905) and Other debts (+€32,830)
- Receivables within one year -€4,703
down €4,703 (-21.7%), from €21,698 to €16,995
of which Other amounts receivable: -€6,205
- Deferred charges and accrued income +€2,001
up €2,001 (+148%), from €1,354 to €3,355
- Tangible fixed assets -€1,485
down €1,485 (-12.4%), from €11,934 to €10,449
of which Plant, machinery and equipment: -€2,262
- Other debts +€32,830
up €32,830 (+142%), from €23,099 to €55,929
- Reserves -€13,325
down €13,325 (-17.6%), from €75,810 to €62,486
- Tax, wage and social debts -€3,093
down €3,093 (-18.5%), from €16,728 to €13,634
- Taxes +€10,556
up €10,556 (+89.5%), from €11,800 to €22,356
- Gross operating margin +€10,391
up €10,391 (+16.9%), from €61,606 to €71,997
- Financial income +€3,334
up €3,334 (+88.8%), from €3,753 to €7,087
- Financial charges -€1,364
down €1,364 (-28.4%), from €4,799 to €3,435
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 | €115,637 | €132,398 | +€16,761 | +14.5% |
| Fixed assets | 21/28 | €41,862 | €51,993 | +€10,131 | +24.2% |
| Tangible fixed assets | 22/27 | €11,934 | €10,449 | -€1,485 | -12.4% |
| Plant, machinery and equipment | 23 | €5,097 | €2,835 | -€2,262 | -44.4% |
| Furniture and vehicles | 24 | €6,837 | €7,614 | +€777 | +11.4% |
| Financial fixed assets | 28 | €29,927 | €41,543 | +€11,616 | +38.8% |
| Current assets | 29/58 | €73,776 | €80,406 | +€6,630 | +9.0% |
| Amounts receivable within one year | 40/41 | €21,698 | €16,995 | -€4,703 | -21.7% |
| Trade receivables | 40 | €15,494 | €16,995 | +€1,502 | +9.7% |
| Other amounts receivable | 41 | €6,205 | - | -€6,205 | |
| Cash at bank and in hand | 54/58 | €50,723 | €60,055 | +€9,332 | +18.4% |
| Deferred charges and accrued income | 490/1 | €1,354 | €3,355 | +€2,001 | +148% |
| Total equity and liabilities | 10/49 | €115,637 | €132,398 | +€16,761 | +14.5% |
| Equity | 10/15 | €75,810 | €62,486 | -€13,325 | -17.6% |
| Reserves | 13 | €75,810 | €62,486 | -€13,325 | -17.6% |
| Tax-exempt reserves | 132 | €75,810 | €62,486 | -€13,325 | -17.6% |
| Amounts payable | 17/49 | €39,827 | €69,913 | +€30,086 | +75.5% |
| Amounts payable within one year | 42/48 | €39,827 | €69,913 | +€30,086 | +75.5% |
| Trade debts | 44 | - | €350 | +€350 | |
| Suppliers | 440/4 | - | €350 | +€350 | |
| Taxes, remuneration and social security | 45 | €16,728 | €13,634 | -€3,093 | -18.5% |
| Taxes | 450/3 | €16,728 | €13,634 | -€3,093 | -18.5% |
| Other amounts payable | 47/48 | €23,099 | €55,929 | +€32,830 | +142% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,986 | €6,709 | -€277 | -4.0% |
| Other operating charges | 640/8 | €822 | €679 | -€143 | -17.4% |
| Gross operating margin | 9900 | €61,606 | €71,997 | +€10,391 | +16.9% |
| Operating profit (loss) | 9901 | €53,798 | €64,609 | +€10,811 | +20.1% |
| Financial income | 75/76B | €3,753 | €7,087 | +€3,334 | +88.8% |
| Recurring financial income | 75 | €3,753 | €7,087 | +€3,334 | +88.8% |
| Financial charges | 65/66B | €4,799 | €3,435 | -€1,364 | -28.4% |
| Recurring financial charges | 65 | €4,799 | €3,435 | -€1,364 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €52,753 | €68,261 | +€15,508 | +29.4% |
| Income taxes | 67/77 | €11,800 | €22,356 | +€10,556 | +89.5% |
| Profit (loss) for the period | 9904 | €40,953 | €45,905 | +€4,952 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,953 | €45,905 | +€4,952 | +12.1% |
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 1 November 2026 via checked.be.