SNELSTE: 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.
SNELSTE
Largest movements
- Receivables within one year -€21,447
down €21,447 (-74.7%), from €28,710 to €7,263
- Tangible fixed assets -€3,101
down €3,101 (-15.7%), from €19,711 to €16,609
- Cash +€2,111
up €2,111 (+1198.6%), from €176 to €2,287
mainly Receivables within one year (+€21,447) and Advances received (+€5,128)
- Profit (loss) carried forward -€12,322
down €12,322 (-154.4%), from -€7,983 to -€20,305
- Trade debts -€9,382
down €9,382 (-41.1%), from €22,811 to €13,429
- Other debts -€6,773
down €6,773 (-21.7%), from €31,248 to €24,475
- Advances received +€5,128
new in 2024: €5,128
- Tax, wage and social debts +€3,781
up €3,781 (+384.3%), from €984 to €4,765
of which Taxes: +€2,375
- Staff costs +€3,157
new in 2024: €3,157
- Depreciation +€1,919
up €1,919 (+73.7%), from €2,603 to €4,522
- Gross operating margin +€1,723
up €1,723 (+36.6%), from -€4,708 to -€2,985
- Financial charges +€1,075
up €1,075 (+218.7%), from €492 to €1,567
of which Non-recurring financial charges: +€673
- Other operating charges -€89
down €89 (-49.2%), from €180 to €92
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,597 | €35,160 | -€22,437 | -39.0% |
| Fixed assets | 21/28 | €28,711 | €25,609 | -€3,101 | -10.8% |
| Tangible fixed assets | 22/27 | €19,711 | €16,609 | -€3,101 | -15.7% |
| Furniture and vehicles | 24 | €19,711 | €16,609 | -€3,101 | -15.7% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €28,886 | €9,550 | -€19,336 | -66.9% |
| Amounts receivable within one year | 40/41 | €28,710 | €7,263 | -€21,447 | -74.7% |
| Trade receivables | 40 | €28,710 | €7,263 | -€21,447 | -74.7% |
| Cash at bank and in hand | 54/58 | €176 | €2,287 | +€2,111 | +1198.6% |
| Total equity and liabilities | 10/49 | €57,597 | €35,160 | -€22,437 | -39.0% |
| Equity | 10/15 | -€5,983 | -€18,305 | -€12,322 | -206.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,983 | -€20,305 | -€12,322 | -154.4% |
| Amounts payable | 17/49 | €63,580 | €53,465 | -€10,115 | -15.9% |
| Amounts payable after more than one year | 17 | €5,667 | €2,644 | -€3,024 | -53.4% |
| Financial debts | 170/4 | €5,667 | €2,644 | -€3,024 | -53.4% |
| Amounts payable within one year | 42/48 | €57,912 | €50,821 | -€7,091 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €2,869 | €3,024 | +€155 | +5.4% |
| Trade debts | 44 | €22,811 | €13,429 | -€9,382 | -41.1% |
| Suppliers | 440/4 | €22,811 | €13,429 | -€9,382 | -41.1% |
| Advances received on contracts in progress | 46 | - | €5,128 | +€5,128 | |
| Taxes, remuneration and social security | 45 | €984 | €4,765 | +€3,781 | +384.3% |
| Taxes | 450/3 | €984 | €3,359 | +€2,375 | +241.3% |
| Remuneration and social security | 454/9 | - | €1,407 | +€1,407 | |
| Other amounts payable | 47/48 | €31,248 | €24,475 | -€6,773 | -21.7% |
| Non-recurring operating income | 76A | - | €7 | +€7 | |
| Remuneration, social security and pensions | 62 | - | €3,157 | +€3,157 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,603 | €4,522 | +€1,919 | +73.7% |
| Other operating charges | 640/8 | €180 | €92 | -€89 | -49.2% |
| Gross operating margin | 9900 | -€4,708 | -€2,985 | +€1,723 | +36.6% |
| Operating profit (loss) | 9901 | -€7,491 | -€10,755 | -€3,264 | -43.6% |
| Financial charges | 65/66B | €492 | €1,567 | +€1,075 | +218.7% |
| Recurring financial charges | 65 | €492 | €894 | +€403 | +81.9% |
| Non-recurring financial charges | 66B | - | €673 | +€673 | |
| Profit (loss) for the period before taxes | 9903 | -€7,983 | -€12,322 | -€4,339 | -54.4% |
| Profit (loss) for the period | 9904 | -€7,983 | -€12,322 | -€4,339 | -54.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,983 | -€12,322 | -€4,339 | -54.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.