SNEYDERS: 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.
What changed
SNEYDERS
NACE 46.649, Wholesale of other machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€225,542
2024 · €44,778+€180,764
Equity
€2.0m
2024 · €1.7m+€225,542
Cash
€292,186
2024 · €190,399+€101,787
Balance sheet total
€5.2m
2024 · €5.4m-€132,153
Largest movements
Assets
- Intangible fixed assets -€107,803
down €107,803 (-25.1%), from €428,813 to €321,010
- Cash +€101,787
up €101,787 (+53.5%), from €190,399 to €292,186
mainly Trade debts (+€301,699) and Depreciation (+€249,820)
Equity and liabilities
- Short-term financial debts -€500,000
down €500,000 (-31.3%), from €1.6m to €1.1m
- Trade debts +€301,699
up €301,699 (+38.8%), from €777,026 to €1.1m
- Profit (loss) carried forward +€225,542
up €225,542 (+46.1%), from -€488,851 to -€263,309
- Current portion of long-term debt -€100,522
down €100,522 (-53.5%), from €188,022 to €87,500
- Debts after one year -€87,500
down €87,500 (-12.5%), from €697,467 to €609,967
Income statement
- Gross operating margin -€1.6m
down €1.6m (-36.8%), from €4.3m to €2.7m
- Staff costs -€1.4m
down €1.4m (-41.0%), from €3.5m to €2.1m
- Depreciation -€207,529
down €207,529 (-45.4%), from €457,349 to €249,820
- Financial charges -€114,334
down €114,334 (-51.5%), from €222,167 to €107,833
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.
Result 2024
€44,778
Gross operating margin
-€1.6m
Staff costs
+€1.4m
Depreciation
+€207,529
Other operating charges
-€8,716
Other operating items
+€4,999
Financial income
+€577
Financial charges
+€114,334
Taxes
+€3,072
Result 2025
€225,542
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.
From operations
+€890,448
Investment
-€100,639
Financing
-€688,022
Cash 2024
€190,399
From operations (derived)
+€890,448
Net result for the year
+€225,542
Depreciation
+€249,820
Stocks and contracts
+€52,890
Receivables within one year
+€47,315
Deferred charges and accrued income
-€15,446
Trade debts
+€301,699
Tax, wage and social debts
+€20,999
Other debts
-€11,088
Accrued charges and deferred income
+€18,717
Investment (derived)
-€100,639
Investment in fixed assets (net)
-€100,639
Financing
-€688,022
Debts after one year
-€87,500
Current portion of long-term debt
-€100,522
Short-term financial debts
-€500,000
Cash 2025
€292,186
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,367,475 | €5,235,322 | -€132,153 | -2.5% |
| Fixed assets | 21/28 | €743,485 | €594,304 | -€149,181 | -20.1% |
| Intangible fixed assets | 21 | €428,813 | €321,010 | -€107,803 | -25.1% |
| Tangible fixed assets | 22/27 | €311,630 | €270,252 | -€41,378 | -13.3% |
| Furniture and vehicles | 24 | €35,495 | €52,709 | +€17,214 | +48.5% |
| Other tangible fixed assets | 26 | €276,135 | €217,543 | -€58,592 | -21.2% |
| Financial fixed assets | 28 | €3,042 | €3,042 | = | 0.0% |
| Current assets | 29/58 | €4,623,990 | €4,641,018 | +€17,028 | +0.4% |
| Stocks and contracts in progress | 3 | €2,426,333 | €2,373,443 | -€52,890 | -2.2% |
| Stocks | 30/36 | €2,426,333 | €2,373,443 | -€52,890 | -2.2% |
| Amounts receivable within one year | 40/41 | €1,942,763 | €1,895,448 | -€47,315 | -2.4% |
| Trade receivables | 40 | €1,907,485 | €1,884,448 | -€23,037 | -1.2% |
| Other amounts receivable | 41 | €35,278 | €11,000 | -€24,278 | -68.8% |
| Cash at bank and in hand | 54/58 | €190,399 | €292,186 | +€101,787 | +53.5% |
| Deferred charges and accrued income | 490/1 | €64,495 | €79,941 | +€15,446 | +23.9% |
| Total equity and liabilities | 10/49 | €5,367,475 | €5,235,322 | -€132,153 | -2.5% |
| Equity | 10/15 | €1,749,349 | €1,974,891 | +€225,542 | +12.9% |
| Contributions | 10/11 | €2,162,000 | €2,162,000 | = | 0.0% |
| Capital | 10 | €2,162,000 | €2,162,000 | = | 0.0% |
| Issued capital | 100 | €2,162,000 | €2,162,000 | = | 0.0% |
| Reserves | 13 | €76,200 | €76,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €76,200 | €76,200 | = | 0.0% |
| Legal reserve | 130 | €76,200 | €76,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€488,851 | -€263,309 | +€225,542 | +46.1% |
| Amounts payable | 17/49 | €3,618,126 | €3,260,431 | -€357,695 | -9.9% |
| Amounts payable after more than one year | 17 | €697,467 | €609,967 | -€87,500 | -12.5% |
| Financial debts | 170/4 | €697,467 | €609,967 | -€87,500 | -12.5% |
| Amounts payable within one year | 42/48 | €2,889,669 | €2,600,757 | -€288,912 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €188,022 | €87,500 | -€100,522 | -53.5% |
| Financial debts | 43 | €1,600,000 | €1,100,000 | -€500,000 | -31.3% |
| Credit institutions | 430/8 | €1,600,000 | €1,100,000 | -€500,000 | -31.3% |
| Trade debts | 44 | €777,026 | €1,078,725 | +€301,699 | +38.8% |
| Suppliers | 440/4 | €777,026 | €1,078,725 | +€301,699 | +38.8% |
| Taxes, remuneration and social security | 45 | €305,038 | €326,037 | +€20,999 | +6.9% |
| Taxes | 450/3 | €8,266 | €27,366 | +€19,100 | +231.1% |
| Remuneration and social security | 454/9 | €296,772 | €298,671 | +€1,899 | +0.6% |
| Other amounts payable | 47/48 | €19,583 | €8,495 | -€11,088 | -56.6% |
| Accrued charges and deferred income | 492/3 | €30,990 | €49,707 | +€18,717 | +60.4% |
| Non-recurring operating income | 76A | €73,478 | €4,530 | -€68,948 | -93.8% |
| Remuneration, social security and pensions | 62 | €3,521,679 | €2,079,418 | -€1.4m | -41.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €457,349 | €249,820 | -€207,529 | -45.4% |
| Other operating charges | 640/8 | €48,778 | €57,494 | +€8,716 | +17.9% |
| Non-recurring operating charges | 66A | €4,999 | - | -€4,999 | |
| Gross operating margin | 9900 | €4,305,843 | €2,722,551 | -€1.6m | -36.8% |
| Operating profit (loss) | 9901 | €273,038 | €335,819 | +€62,781 | +23.0% |
| Financial income | 75/76B | €477 | €1,054 | +€577 | +121.0% |
| Recurring financial income | 75 | €477 | €1,054 | +€577 | +121.0% |
| Financial charges | 65/66B | €222,167 | €107,833 | -€114,334 | -51.5% |
| Recurring financial charges | 65 | €222,167 | €107,833 | -€114,334 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | €51,348 | €229,040 | +€177,692 | +346.1% |
| Income taxes | 67/77 | €6,570 | €3,498 | -€3,072 | -46.8% |
| Profit (loss) for the period | 9904 | €44,778 | €225,542 | +€180,764 | +403.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,778 | €225,542 | +€180,764 | +403.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.