SNEYERS WATERSYSTEMS: 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.
SNEYERS WATERSYSTEMS
Largest movements
- Cash -€228,719
down €228,719 (-82.0%), from €278,988 to €50,269
mainly Current investments (-€211,110) and Receivables within one year (-€109,461)
- Current investments +€211,110
new in 2025: €211,110
- Receivables within one year +€109,461
up €109,461 (+65.1%), from €168,186 to €277,647
of which Trade receivables: +€94,947
- Financial fixed assets -€12,069
down €12,069 (-56.2%), from €21,488 to €9,419
- Trade debts +€43,629
up €43,629 (+31.0%), from €140,684 to €184,313
- Accrued charges and deferred income +€17,233
up €17,233 (+1,973%), from €873 to €18,107
- Tax, wage and social debts +€10,942
up €10,942 (+411%), from €2,664 to €13,606
- Reserves +€10,611
up €10,611 (+3.7%), from €290,190 to €300,801
of which Distributable reserves: +€10,611
- Gross operating margin -€24,466
down €24,466 (-61.3%), from €39,916 to €15,450
- Depreciation -€9,169
down €9,169 (-96.6%), from €9,491 to €323
- Taxes -€4,974
down €4,974 (-54.6%), from €9,118 to €4,144
- Financial income +€1,510
up €1,510 (+134%), from €1,129 to €2,638
- Other operating charges +€445
up €445 (+23.8%), from €1,871 to €2,316
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 | €474,411 | €556,827 | +€82,416 | +17.4% |
| Fixed assets | 21/28 | €23,562 | €13,794 | -€9,768 | -41.5% |
| Tangible fixed assets | 22/27 | €2,074 | €4,375 | +€2,301 | +111% |
| Plant, machinery and equipment | 23 | €39 | €0 | -€39 | -100% |
| Furniture and vehicles | 24 | €2,034 | €4,375 | +€2,341 | +115% |
| Financial fixed assets | 28 | €21,488 | €9,419 | -€12,069 | -56.2% |
| Current assets | 29/58 | €450,849 | €543,032 | +€92,183 | +20.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €168,186 | €277,647 | +€109,461 | +65.1% |
| Trade receivables | 40 | €167,172 | €262,119 | +€94,947 | +56.8% |
| Other amounts receivable | 41 | €1,014 | €15,528 | +€14,514 | +1,431% |
| Current investments | 50/53 | - | €211,110 | +€211,110 | |
| Cash at bank and in hand | 54/58 | €278,988 | €50,269 | -€228,719 | -82.0% |
| Deferred charges and accrued income | 490/1 | €3,675 | €4,006 | +€331 | +9.0% |
| Total equity and liabilities | 10/49 | €474,411 | €556,827 | +€82,416 | +17.4% |
| Equity | 10/15 | €330,190 | €340,801 | +€10,611 | +3.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €290,190 | €300,801 | +€10,611 | +3.7% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €413 | €413 | = | 0.0% |
| Distributable reserves | 133 | €285,777 | €296,388 | +€10,611 | +3.7% |
| Amounts payable | 17/49 | €144,221 | €216,025 | +€71,805 | +49.8% |
| Amounts payable within one year | 42/48 | €143,347 | €197,918 | +€54,571 | +38.1% |
| Trade debts | 44 | €140,684 | €184,313 | +€43,629 | +31.0% |
| Suppliers | 440/4 | €140,684 | €184,313 | +€43,629 | +31.0% |
| Taxes, remuneration and social security | 45 | €2,664 | €13,606 | +€10,942 | +411% |
| Taxes | 450/3 | €2,664 | €13,606 | +€10,942 | +411% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €873 | €18,107 | +€17,233 | +1,973% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,491 | €323 | -€9,169 | -96.6% |
| Other operating charges | 640/8 | €1,871 | €2,316 | +€445 | +23.8% |
| Gross operating margin | 9900 | €39,916 | €15,450 | -€24,466 | -61.3% |
| Operating profit (loss) | 9901 | €28,554 | €12,811 | -€15,743 | -55.1% |
| Financial income | 75/76B | €1,129 | €2,638 | +€1,510 | +134% |
| Recurring financial income | 75 | €1,129 | €2,638 | +€1,510 | +134% |
| Financial charges | 65/66B | €669 | €695 | +€26 | +3.9% |
| Recurring financial charges | 65 | €669 | €695 | +€26 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €29,014 | €14,755 | -€14,259 | -49.1% |
| Income taxes | 67/77 | €9,118 | €4,144 | -€4,974 | -54.6% |
| Profit (loss) for the period | 9904 | €19,896 | €10,611 | -€9,285 | -46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,896 | €10,611 | -€9,285 | -46.7% |
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 20 October 2026 via checked.be.