SNELLINX: what changed
Two fiscal 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.
SNELLINX
Largest movements
- Cash +€27,472
up €27,472 (+2058.1%), from €1,335 to €28,807
mainly Receivables within one year (+€23,655) and Depreciation (+€22,567)
- Receivables within one year -€23,655
down €23,655 (-42.7%), from €55,346 to €31,690
of which Trade receivables: -€27,815
- Tangible fixed assets -€20,665
down €20,665 (-31.3%), from €65,965 to €45,300
- Deferred charges and accrued income +€16,755
up €16,755 (+424.4%), from €3,948 to €20,703
- Current investments -€10,084
down €10,084 (-100.0%), from €10,084 to €0
- Debts after one year -€17,889
down €17,889 (-42.3%), from €42,291 to €24,402
- Trade debts +€5,305
up €5,305 (+65.0%), from €8,156 to €13,461
- Reserves +€4,350
up €4,350 (+6.9%), from €63,481 to €67,831
- Tax, wage and social debts -€1,832
down €1,832 (-59.6%), from €3,075 to €1,243
- Profit (loss) carried forward -€1,762
down €1,762 (-100.0%), from €1,762 to €0
- Depreciation -€1,287
down €1,287 (-5.4%), from €23,854 to €22,567
- Gross operating margin -€792
down €792 (-2.6%), from €30,192 to €29,400
- Financial charges -€553
down €553 (-21.5%), from €2,569 to €2,016
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.
Cash bridge derived
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 | €140,424 | €128,345 | -€12,079 | -8.6% |
| Fixed assets | 21/28 | €69,712 | €47,145 | -€22,567 | -32.4% |
| Intangible fixed assets | 21 | €3,747 | €1,845 | -€1,902 | -50.8% |
| Tangible fixed assets | 22/27 | €65,965 | €45,300 | -€20,665 | -31.3% |
| Furniture and vehicles | 24 | €65,965 | €45,300 | -€20,665 | -31.3% |
| Current assets | 29/58 | €70,713 | €81,200 | +€10,488 | +14.8% |
| Amounts receivable within one year | 40/41 | €55,346 | €31,690 | -€23,655 | -42.7% |
| Trade receivables | 40 | €52,499 | €24,684 | -€27,815 | -53.0% |
| Other amounts receivable | 41 | €2,846 | €7,006 | +€4,160 | +146.1% |
| Current investments | 50/53 | €10,084 | €0 | -€10,084 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,335 | €28,807 | +€27,472 | +2058.1% |
| Deferred charges and accrued income | 490/1 | €3,948 | €20,703 | +€16,755 | +424.4% |
| Total equity and liabilities | 10/49 | €140,424 | €128,345 | -€12,079 | -8.6% |
| Equity | 10/15 | €66,244 | €68,831 | +€2,588 | +3.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €63,481 | €67,831 | +€4,350 | +6.9% |
| Distributable reserves | 133 | €63,481 | €67,831 | +€4,350 | +6.9% |
| Profit (loss) carried forward | 14 | €1,762 | €0 | -€1,762 | -100.0% |
| Amounts payable | 17/49 | €74,181 | €59,514 | -€14,667 | -19.8% |
| Amounts payable after more than one year | 17 | €42,291 | €24,402 | -€17,889 | -42.3% |
| Financial debts | 170/4 | €42,291 | €24,402 | -€17,889 | -42.3% |
| Amounts payable within one year | 42/48 | €31,890 | €35,111 | +€3,222 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €17,276 | €17,889 | +€613 | +3.5% |
| Trade debts | 44 | €8,156 | €13,461 | +€5,305 | +65.0% |
| Suppliers | 440/4 | €8,156 | €13,461 | +€5,305 | +65.0% |
| Taxes, remuneration and social security | 45 | €3,075 | €1,243 | -€1,832 | -59.6% |
| Taxes | 450/3 | €3,075 | €1,243 | -€1,832 | -59.6% |
| Other amounts payable | 47/48 | €3,384 | €2,519 | -€864 | -25.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,854 | €22,567 | -€1,287 | -5.4% |
| Other operating charges | 640/8 | €1,297 | €1,570 | +€273 | +21.0% |
| Gross operating margin | 9900 | €30,192 | €29,400 | -€792 | -2.6% |
| Operating profit (loss) | 9901 | €5,041 | €5,263 | +€222 | +4.4% |
| Financial income | 75/76B | €759 | €583 | -€176 | -23.1% |
| Recurring financial income | 75 | €759 | €583 | -€176 | -23.1% |
| Financial charges | 65/66B | €2,569 | €2,016 | -€553 | -21.5% |
| Recurring financial charges | 65 | €2,569 | €2,016 | -€553 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €3,230 | €3,831 | +€600 | +18.6% |
| Income taxes | 67/77 | €1,468 | €1,243 | -€225 | -15.3% |
| Profit (loss) for the period | 9904 | €1,762 | €2,588 | +€825 | +46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,762 | €2,588 | +€825 | +46.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.