SNEW: 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.
SNEW
Largest movements
- Deferred charges and accrued income -€15,000
down €15,000 (-54.5%), from €27,500 to €12,500
- Receivables within one year +€11,183
up €11,183 (+63.6%), from €17,582 to €28,764
of which Other amounts receivable: +€5,983
- Tangible fixed assets -€4,748
down €4,748 (-100%), from €4,748 to €0
- Intangible fixed assets -€1,860
down €1,860 (-21.2%), from €8,765 to €6,905
- Profit (loss) carried forward -€23,611
down €23,611 (-99.5%), from -€23,718 to -€47,329
- Other debts +€14,956
up €14,956 (+99.8%), from €14,981 to €29,937
- Short-term financial debts -€3,000
down €3,000 (-7.1%), from €42,000 to €39,000
- Trade debts +€882
up €882 (+14.7%), from €5,983 to €6,864
- Gross operating margin -€17,492
down €17,492 (-1,713%), from -€1,021 to -€18,513
- Other operating charges +€1,216
up €1,216 (+200%), from €609 to €1,825
- Depreciation -€1,023
down €1,023 (-35.5%), from €2,883 to €1,860
- Financial charges +€801
up €801 (+506%), from €158 to €960
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 | €59,184 | €48,349 | -€10,835 | -18.3% |
| Fixed assets | 21/28 | €13,693 | €7,085 | -€6,608 | -48.3% |
| Intangible fixed assets | 21 | €8,765 | €6,905 | -€1,860 | -21.2% |
| Tangible fixed assets | 22/27 | €4,748 | €0 | -€4,748 | -100% |
| Furniture and vehicles | 24 | €4,748 | €0 | -€4,748 | -100% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €45,492 | €41,264 | -€4,227 | -9.3% |
| Amounts receivable within one year | 40/41 | €17,582 | €28,764 | +€11,183 | +63.6% |
| Trade receivables | 40 | €6,458 | €11,658 | +€5,200 | +80.5% |
| Other amounts receivable | 41 | €11,124 | €17,107 | +€5,983 | +53.8% |
| Cash at bank and in hand | 54/58 | €410 | €0 | -€410 | -100% |
| Deferred charges and accrued income | 490/1 | €27,500 | €12,500 | -€15,000 | -54.5% |
| Total equity and liabilities | 10/49 | €59,184 | €48,349 | -€10,835 | -18.3% |
| Equity | 10/15 | -€4,722 | -€28,333 | -€23,611 | -500% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €396 | €396 | = | 0.0% |
| Non-distributable reserves | 130/1 | €396 | €0 | -€396 | -100% |
| Reserves not available under the articles | 1311 | €396 | €0 | -€396 | -100% |
| Distributable reserves | 133 | - | €396 | +€396 | |
| Profit (loss) carried forward | 14 | -€23,718 | -€47,329 | -€23,611 | -99.5% |
| Amounts payable | 17/49 | €63,906 | €76,682 | +€12,776 | +20.0% |
| Amounts payable within one year | 42/48 | €63,906 | €76,682 | +€12,776 | +20.0% |
| Financial debts | 43 | €42,000 | €39,000 | -€3,000 | -7.1% |
| Credit institutions | 430/8 | €42,000 | €39,000 | -€3,000 | -7.1% |
| Trade debts | 44 | €5,983 | €6,864 | +€882 | +14.7% |
| Suppliers | 440/4 | €5,983 | €6,864 | +€882 | +14.7% |
| Taxes, remuneration and social security | 45 | €942 | €881 | -€61 | -6.5% |
| Taxes | 450/3 | €942 | €881 | -€61 | -6.5% |
| Other amounts payable | 47/48 | €14,981 | €29,937 | +€14,956 | +99.8% |
| Non-recurring operating income | 76A | - | €2,252 | +€2,252 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,883 | €1,860 | -€1,023 | -35.5% |
| Other operating charges | 640/8 | €609 | €1,825 | +€1,216 | +200% |
| Gross operating margin | 9900 | -€1,021 | -€18,513 | -€17,492 | -1,713% |
| Operating profit (loss) | 9901 | -€4,513 | -€22,198 | -€17,685 | -392% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €158 | €960 | +€801 | +506% |
| Recurring financial charges | 65 | €158 | €960 | +€801 | +506% |
| Profit (loss) for the period before taxes | 9903 | -€4,671 | -€23,157 | -€18,486 | -396% |
| Income taxes | 67/77 | €427 | €454 | +€27 | +6.4% |
| Profit (loss) for the period | 9904 | -€5,098 | -€23,611 | -€18,513 | -363% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,098 | -€23,611 | -€18,513 | -363% |
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 13 October 2026 via checked.be.