SNELKOERIER: 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.
SNELKOERIER
Largest movements
- Receivables within one year -€52,425
down €52,425 (-29.3%), from €178,864 to €126,438
of which Trade receivables: -€59,943
- Tangible fixed assets +€25,147
up €25,147 (+28.0%), from €89,899 to €115,046
- Cash +€6,795
up €6,795 (+151%), from €4,490 to €11,285
mainly Receivables within one year (+€52,425) and Depreciation (+€24,853)
- Accrued charges and deferred income -€10,303
down €10,303 (-76.5%), from €13,472 to €3,169
- Trade debts +€7,670
up €7,670 (+23.7%), from €32,419 to €40,089
- Profit (loss) carried forward -€6,669
down €6,669 (-4.6%), from €145,122 to €138,453
- Other debts -€5,696
no longer reported in 2025 (was €5,696)
- Tax, wage and social debts -€4,179
down €4,179 (-48.0%), from €8,709 to €4,530
- Gross operating margin +€14,298
up €14,298 (+163%), from €8,758 to €23,056
- Write-downs +€2,529
new in 2025: €2,529
- Taxes +€2,034
no longer reported in 2025 (was -€2,034)
- Financial income -€1,385
down €1,385 (-53.5%), from €2,587 to €1,203
- Financial charges -€449
down €449 (-12.5%), from €3,596 to €3,146
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 | €275,276 | €256,099 | -€19,176 | -7.0% |
| Fixed assets | 21/28 | €89,899 | €115,046 | +€25,147 | +28.0% |
| Tangible fixed assets | 22/27 | €89,899 | €115,046 | +€25,147 | +28.0% |
| Plant, machinery and equipment | 23 | €89,899 | €115,046 | +€25,147 | +28.0% |
| Current assets | 29/58 | €185,376 | €141,053 | -€44,323 | -23.9% |
| Amounts receivable within one year | 40/41 | €178,864 | €126,438 | -€52,425 | -29.3% |
| Trade receivables | 40 | €129,917 | €69,974 | -€59,943 | -46.1% |
| Other amounts receivable | 41 | €48,946 | €56,464 | +€7,518 | +15.4% |
| Cash at bank and in hand | 54/58 | €4,490 | €11,285 | +€6,795 | +151% |
| Deferred charges and accrued income | 490/1 | €2,023 | €3,330 | +€1,307 | +64.6% |
| Total equity and liabilities | 10/49 | €275,276 | €256,099 | -€19,176 | -7.0% |
| Equity | 10/15 | €214,980 | €208,311 | -€6,669 | -3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,258 | €51,258 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €49,398 | €49,398 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,122 | €138,453 | -€6,669 | -4.6% |
| Amounts payable | 17/49 | €60,296 | €47,788 | -€12,507 | -20.7% |
| Amounts payable within one year | 42/48 | €46,824 | €44,619 | -€2,205 | -4.7% |
| Trade debts | 44 | €32,419 | €40,089 | +€7,670 | +23.7% |
| Suppliers | 440/4 | €32,419 | €40,089 | +€7,670 | +23.7% |
| Taxes, remuneration and social security | 45 | €8,709 | €4,530 | -€4,179 | -48.0% |
| Taxes | 450/3 | €8,709 | €4,530 | -€4,179 | -48.0% |
| Other amounts payable | 47/48 | €5,696 | - | -€5,696 | |
| Accrued charges and deferred income | 492/3 | €13,472 | €3,169 | -€10,303 | -76.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,950 | €24,853 | -€97 | -0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,529 | +€2,529 | |
| Other operating charges | 640/8 | €673 | €400 | -€274 | -40.6% |
| Non-recurring operating charges | 66A | €1,291 | - | -€1,291 | |
| Gross operating margin | 9900 | €8,758 | €23,056 | +€14,298 | +163% |
| Operating profit (loss) | 9901 | -€18,156 | -€4,725 | +€13,431 | +74.0% |
| Financial income | 75/76B | €2,587 | €1,203 | -€1,385 | -53.5% |
| Recurring financial income | 75 | €2,587 | €1,203 | -€1,385 | -53.5% |
| Financial charges | 65/66B | €3,596 | €3,146 | -€449 | -12.5% |
| Recurring financial charges | 65 | €3,596 | €3,146 | -€449 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | -€19,164 | -€6,669 | +€12,495 | +65.2% |
| Income taxes | 67/77 | -€2,034 | - | +€2,034 | |
| Profit (loss) for the period | 9904 | -€17,130 | -€6,669 | +€10,461 | +61.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,130 | -€6,669 | +€10,461 | +61.1% |
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 23 October 2026 via checked.be.