SNELLEWIND: 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.
SNELLEWIND
Largest movements
- Tangible fixed assets +€49,405
up €49,405 (+5.1%), from €964,641 to €1.0m
of which Furniture and vehicles: +€79,339
- Receivables within one year +€40,070
up €40,070 (+56.5%), from €70,969 to €111,040
of which Trade receivables: +€39,365
- Cash +€34,950
up €34,950 (+33.2%), from €105,415 to €140,365
mainly Net result for the year (+€114,621) and Depreciation (+€71,856)
- Reserves +€114,621
up €114,621 (+63.8%), from €179,557 to €294,177
of which Distributable reserves: +€114,621
- Other debts -€71,214
down €71,214 (-98.9%), from €72,041 to €827
- Tax, wage and social debts +€57,550
up €57,550 (+138%), from €41,749 to €99,299
- Debts after one year +€20,693
up €20,693 (+2.8%), from €729,372 to €750,065
- Current portion of long-term debt +€20,257
up €20,257 (+36.4%), from €55,715 to €75,973
- Gross operating margin +€161,090
up €161,090 (+71.4%), from €225,638 to €386,727
- Taxes +€35,763
up €35,763 (+338%), from €10,591 to €46,354
- Depreciation +€18,799
up €18,799 (+35.4%), from €53,057 to €71,856
- Other operating charges +€4,599
up €4,599 (+3.6%), from €128,977 to €133,576
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 | €1,151,409 | €1,276,102 | +€124,693 | +10.8% |
| Fixed assets | 21/28 | €966,501 | €1,015,907 | +€49,405 | +5.1% |
| Tangible fixed assets | 22/27 | €964,641 | €1,014,047 | +€49,405 | +5.1% |
| Land and buildings | 22 | €729,612 | €700,548 | -€29,065 | -4.0% |
| Plant, machinery and equipment | 23 | €1,834 | €964 | -€870 | -47.4% |
| Furniture and vehicles | 24 | €233,196 | €312,535 | +€79,339 | +34.0% |
| Financial fixed assets | 28 | €1,860 | €1,860 | = | 0.0% |
| Current assets | 29/58 | €184,908 | €260,195 | +€75,288 | +40.7% |
| Amounts receivable within one year | 40/41 | €70,969 | €111,040 | +€40,070 | +56.5% |
| Trade receivables | 40 | €70,969 | €110,334 | +€39,365 | +55.5% |
| Other amounts receivable | 41 | - | €706 | +€706 | |
| Cash at bank and in hand | 54/58 | €105,415 | €140,365 | +€34,950 | +33.2% |
| Deferred charges and accrued income | 490/1 | €8,523 | €8,791 | +€268 | +3.1% |
| Total equity and liabilities | 10/49 | €1,151,409 | €1,276,102 | +€124,693 | +10.8% |
| Equity | 10/15 | €198,157 | €312,777 | +€114,621 | +57.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €179,557 | €294,177 | +€114,621 | +63.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €179,557 | €294,177 | +€114,621 | +63.8% |
| Amounts payable | 17/49 | €953,252 | €963,325 | +€10,073 | +1.1% |
| Amounts payable after more than one year | 17 | €729,372 | €750,065 | +€20,693 | +2.8% |
| Financial debts | 170/4 | €729,372 | €750,065 | +€20,693 | +2.8% |
| Amounts payable within one year | 42/48 | €223,188 | €212,605 | -€10,584 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €55,715 | €75,973 | +€20,257 | +36.4% |
| Trade debts | 44 | €53,683 | €36,506 | -€17,177 | -32.0% |
| Suppliers | 440/4 | €53,683 | €36,506 | -€17,177 | -32.0% |
| Taxes, remuneration and social security | 45 | €41,749 | €99,299 | +€57,550 | +138% |
| Taxes | 450/3 | €41,749 | €99,299 | +€57,550 | +138% |
| Other amounts payable | 47/48 | €72,041 | €827 | -€71,214 | -98.9% |
| Accrued charges and deferred income | 492/3 | €692 | €655 | -€36 | -5.3% |
| Non-recurring operating income | 76A | - | €30,320 | +€30,320 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,057 | €71,856 | +€18,799 | +35.4% |
| Other operating charges | 640/8 | €128,977 | €133,576 | +€4,599 | +3.6% |
| Gross operating margin | 9900 | €225,638 | €386,727 | +€161,090 | +71.4% |
| Operating profit (loss) | 9901 | €43,604 | €181,296 | +€137,692 | +316% |
| Financial income | 75/76B | €1 | €23 | +€21 | +1,688% |
| Recurring financial income | 75 | €1 | €23 | +€21 | +1,688% |
| Financial charges | 65/66B | €18,794 | €20,344 | +€1,550 | +8.2% |
| Recurring financial charges | 65 | €18,794 | €20,344 | +€1,550 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €24,811 | €160,974 | +€136,163 | +549% |
| Income taxes | 67/77 | €10,591 | €46,354 | +€35,763 | +338% |
| Profit (loss) for the period | 9904 | €14,220 | €114,621 | +€100,400 | +706% |
| Profit (loss) for the period to be appropriated | 9905 | €14,220 | €114,621 | +€100,400 | +706% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.