SNEL - PRESS: 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 - PRESS
Largest movements
- Receivables within one year +€112,839
up €112,839 (+56.4%), from €199,979 to €312,817
of which Other amounts receivable: +€122,987
- Tangible fixed assets +€103,341
up €103,341 (+308%), from €33,547 to €136,888
of which Plant, machinery and equipment: +€94,701
- Stocks and contracts +€6,573
up €6,573 (+177%), from €3,722 to €10,294
- Other debts +€109,683
up €109,683 (+28.0%), from €391,153 to €500,836
- Debts after one year +€75,645
new in 2025: €75,645
- Profit (loss) carried forward +€17,203
up €17,203 (+7.8%), from -€221,864 to -€204,661
- Trade debts +€7,357
up €7,357 (+39.2%), from €18,792 to €26,150
- Current portion of long-term debt +€7,129
new in 2025: €7,129
- Gross operating margin -€5,602
down €5,602 (-3.1%), from €179,365 to €173,763
- Financial income +€5,409
up €5,409 (+95,388%), from €6 to €5,414
- Financial charges +€1,837
up €1,837 (+821%), from €224 to €2,060
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 | €277,282 | €495,996 | +€218,714 | +78.9% |
| Fixed assets | 21/28 | €66,811 | €170,152 | +€103,341 | +155% |
| Tangible fixed assets | 22/27 | €33,547 | €136,888 | +€103,341 | +308% |
| Land and buildings | 22 | - | €11,224 | +€11,224 | |
| Plant, machinery and equipment | 23 | €23,996 | €118,696 | +€94,701 | +395% |
| Furniture and vehicles | 24 | €9,552 | €6,967 | -€2,584 | -27.1% |
| Financial fixed assets | 28 | €33,264 | €33,264 | = | 0.0% |
| Current assets | 29/58 | €210,471 | €325,844 | +€115,373 | +54.8% |
| Stocks and contracts in progress | 3 | €3,722 | €10,294 | +€6,573 | +177% |
| Stocks | 30/36 | €3,722 | €10,294 | +€6,573 | +177% |
| Amounts receivable within one year | 40/41 | €199,979 | €312,817 | +€112,839 | +56.4% |
| Trade receivables | 40 | €29,825 | €19,677 | -€10,148 | -34.0% |
| Other amounts receivable | 41 | €170,154 | €293,140 | +€122,987 | +72.3% |
| Cash at bank and in hand | 54/58 | €5,299 | €2,107 | -€3,193 | -60.2% |
| Deferred charges and accrued income | 490/1 | €1,471 | €626 | -€845 | -57.5% |
| Total equity and liabilities | 10/49 | €277,282 | €495,996 | +€218,714 | +78.9% |
| Equity | 10/15 | -€154,906 | -€137,704 | +€17,203 | +11.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €4,958 | €4,958 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Legal reserve | 130 | €4,958 | €4,958 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€221,864 | -€204,661 | +€17,203 | +7.8% |
| Amounts payable | 17/49 | €432,188 | €633,700 | +€201,511 | +46.6% |
| Amounts payable after more than one year | 17 | - | €75,645 | +€75,645 | |
| Financial debts | 170/4 | - | €75,645 | +€75,645 | |
| Amounts payable within one year | 42/48 | €432,188 | €558,055 | +€125,867 | +29.1% |
| Current portion of amounts payable after more than one year | 42 | - | €7,129 | +€7,129 | |
| Financial debts | 43 | - | €85 | +€85 | |
| Credit institutions | 430/8 | - | €85 | +€85 | |
| Trade debts | 44 | €18,792 | €26,150 | +€7,357 | +39.2% |
| Suppliers | 440/4 | €18,792 | €26,150 | +€7,357 | +39.2% |
| Taxes, remuneration and social security | 45 | €22,243 | €23,855 | +€1,612 | +7.2% |
| Taxes | 450/3 | €3,694 | €3,588 | -€107 | -2.9% |
| Remuneration and social security | 454/9 | €18,549 | €20,268 | +€1,719 | +9.3% |
| Other amounts payable | 47/48 | €391,153 | €500,836 | +€109,683 | +28.0% |
| Remuneration, social security and pensions | 62 | €145,784 | €145,694 | -€90 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,408 | €11,755 | +€1,346 | +12.9% |
| Other operating charges | 640/8 | €1,780 | €1,932 | +€151 | +8.5% |
| Non-recurring operating charges | 66A | €766 | €284 | -€482 | -63.0% |
| Gross operating margin | 9900 | €179,365 | €173,763 | -€5,602 | -3.1% |
| Operating profit (loss) | 9901 | €20,626 | €14,099 | -€6,527 | -31.6% |
| Financial income | 75/76B | €6 | €5,414 | +€5,409 | +95,388% |
| Recurring financial income | 75 | €6 | €5,414 | +€5,409 | +95,388% |
| Financial charges | 65/66B | €224 | €2,060 | +€1,837 | +821% |
| Recurring financial charges | 65 | €224 | €2,060 | +€1,837 | +821% |
| Profit (loss) for the period before taxes | 9903 | €20,408 | €17,453 | -€2,955 | -14.5% |
| Income taxes | 67/77 | €251 | €250 | -€1 | -0.2% |
| Profit (loss) for the period | 9904 | €20,157 | €17,203 | -€2,955 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,157 | €17,203 | -€2,955 | -14.7% |
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 24 October 2026 via checked.be.