SNEL - PRESSING: 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 - PRESSING
Largest movements
- Tangible fixed assets -€39,261
down €39,261 (-8.4%), from €468,789 to €429,528
of which Land and buildings: -€28,805
- Cash +€37,732
up €37,732 (+12.3%), from €306,916 to €344,648
mainly Net result for the year (+€47,027) and Depreciation (+€41,575)
- Stocks and contracts -€10,917
down €10,917 (-48.8%), from €22,385 to €11,468
- Debts after one year -€32,323
down €32,323 (-14.3%), from €225,798 to €193,476
- Reserves +€16,427
up €16,427 (+3.5%), from €464,523 to €480,950
of which Distributable reserves: +€16,427
- Gross operating margin -€64,282
down €64,282 (-20.4%), from €314,676 to €250,394
- Staff costs -€24,477
down €24,477 (-16.5%), from €148,537 to €124,060
- Taxes -€4,115
down €4,115 (-17.0%), from €24,271 to €20,156
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 | €832,272 | €821,413 | -€10,858 | -1.3% |
| Fixed assets | 21/28 | €468,910 | €429,649 | -€39,261 | -8.4% |
| Tangible fixed assets | 22/27 | €468,789 | €429,528 | -€39,261 | -8.4% |
| Land and buildings | 22 | €434,497 | €405,692 | -€28,805 | -6.6% |
| Plant, machinery and equipment | 23 | €25,714 | €18,818 | -€6,896 | -26.8% |
| Furniture and vehicles | 24 | €8,578 | €5,018 | -€3,560 | -41.5% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €363,362 | €391,765 | +€28,403 | +7.8% |
| Stocks and contracts in progress | 3 | €22,385 | €11,468 | -€10,917 | -48.8% |
| Stocks | 30/36 | €22,385 | €11,468 | -€10,917 | -48.8% |
| Amounts receivable within one year | 40/41 | €30,013 | €30,675 | +€662 | +2.2% |
| Trade receivables | 40 | €20,527 | €11,970 | -€8,558 | -41.7% |
| Other amounts receivable | 41 | €9,486 | €18,706 | +€9,220 | +97.2% |
| Cash at bank and in hand | 54/58 | €306,916 | €344,648 | +€37,732 | +12.3% |
| Deferred charges and accrued income | 490/1 | €4,048 | €4,973 | +€925 | +22.9% |
| Total equity and liabilities | 10/49 | €832,272 | €821,413 | -€10,858 | -1.3% |
| Equity | 10/15 | €526,523 | €542,950 | +€16,427 | +3.1% |
| 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 | €464,523 | €480,950 | +€16,427 | +3.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €458,323 | €474,750 | +€16,427 | +3.6% |
| Amounts payable | 17/49 | €305,748 | €278,463 | -€27,285 | -8.9% |
| Amounts payable after more than one year | 17 | €225,798 | €193,476 | -€32,323 | -14.3% |
| Financial debts | 170/4 | €225,798 | €193,476 | -€32,323 | -14.3% |
| Amounts payable within one year | 42/48 | €79,950 | €84,238 | +€4,288 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €31,047 | €37,377 | +€6,330 | +20.4% |
| Trade debts | 44 | €17,952 | €14,839 | -€3,113 | -17.3% |
| Suppliers | 440/4 | €17,952 | €14,839 | -€3,113 | -17.3% |
| Taxes, remuneration and social security | 45 | €30,951 | €32,021 | +€1,070 | +3.5% |
| Taxes | 450/3 | €19,493 | €11,433 | -€8,060 | -41.3% |
| Remuneration and social security | 454/9 | €11,458 | €20,588 | +€9,130 | +79.7% |
| Accrued charges and deferred income | 492/3 | - | €750 | +€750 | |
| Non-recurring operating income | 76A | €19,170 | €24,165 | +€4,995 | +26.1% |
| Remuneration, social security and pensions | 62 | €148,537 | €124,060 | -€24,477 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,994 | €41,575 | -€418 | -1.0% |
| Other operating charges | 640/8 | €10,121 | €9,817 | -€304 | -3.0% |
| Gross operating margin | 9900 | €314,676 | €250,394 | -€64,282 | -20.4% |
| Operating profit (loss) | 9901 | €114,025 | €74,942 | -€39,083 | -34.3% |
| Financial income | 75/76B | €2,475 | €2,188 | -€287 | -11.6% |
| Recurring financial income | 75 | €2,475 | €2,188 | -€287 | -11.6% |
| Financial charges | 65/66B | €11,462 | €9,947 | -€1,515 | -13.2% |
| Recurring financial charges | 65 | €11,462 | €9,947 | -€1,515 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €105,038 | €67,182 | -€37,855 | -36.0% |
| Income taxes | 67/77 | €24,271 | €20,156 | -€4,115 | -17.0% |
| Profit (loss) for the period | 9904 | €80,767 | €47,027 | -€33,740 | -41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €80,767 | €47,027 | -€33,740 | -41.8% |
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.