SNEMA: 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.
SNEMA
Largest movements
- Cash +€1,105
up €1,105 (+64.1%), from €1,724 to €2,828
mainly Other debts (+€3,083) and Receivables within one year (+€61)
- Receivables within one year -€61
down €61 (-4.3%), from €1,409 to €1,349
of which Trade receivables: -€61
- Other debts +€3,083
up €3,083 (+63.4%), from €4,865 to €7,948
- Profit (loss) carried forward -€2,039
down €2,039 (-30.3%), from -€6,732 to -€8,771
- Gross operating margin +€4,660
up €4,660 (+71.2%), from -€6,541 to -€1,881
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 | €3,133 | €4,177 | +€1,044 | +33.3% |
| Current assets | 29/58 | €3,133 | €4,177 | +€1,044 | +33.3% |
| Amounts receivable within one year | 40/41 | €1,409 | €1,349 | -€61 | -4.3% |
| Trade receivables | 40 | €182 | €121 | -€61 | -33.3% |
| Other amounts receivable | 41 | €1,228 | €1,228 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,724 | €2,828 | +€1,105 | +64.1% |
| Total equity and liabilities | 10/49 | €3,133 | €4,177 | +€1,044 | +33.3% |
| Equity | 10/15 | -€1,732 | -€3,771 | -€2,039 | -117.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,732 | -€8,771 | -€2,039 | -30.3% |
| Amounts payable | 17/49 | €4,865 | €7,948 | +€3,083 | +63.4% |
| Amounts payable within one year | 42/48 | €4,865 | €7,948 | +€3,083 | +63.4% |
| Other amounts payable | 47/48 | €4,865 | €7,948 | +€3,083 | +63.4% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€6,541 | -€1,881 | +€4,660 | +71.2% |
| Operating profit (loss) | 9901 | -€6,659 | -€2,001 | +€4,658 | +70.0% |
| Financial charges | 65/66B | €73 | €38 | -€35 | -47.6% |
| Recurring financial charges | 65 | €73 | €38 | -€35 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,732 | -€2,039 | +€4,693 | +69.7% |
| Profit (loss) for the period | 9904 | -€6,732 | -€2,039 | +€4,693 | +69.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,732 | -€2,039 | +€4,693 | +69.7% |
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 30 September 2026 via checked.be.