SNF Vastgoedbeheer: 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.
SNF Vastgoedbeheer
Largest movements
- Cash -€6,190
down €6,190 (-67.8%), from €9,125 to €2,935
mainly Other debts (-€9,014) and Receivables within one year (-€5,646)
- Receivables within one year +€5,646
up €5,646 (+148%), from €3,819 to €9,465
of which Trade receivables: +€3,196
- Deferred charges and accrued income +€4,825
up €4,825 (+452%), from €1,068 to €5,893
- Other debts -€9,014
no longer reported in 2025 (was €9,014)
- Contributions +€7,500
up €7,500 (+100%), from €7,500 to €15,000
- Reserves +€3,899
up €3,899 (+520%), from €750 to €4,649
- Tax, wage and social debts +€1,959
up €1,959 (+744%), from €263 to €2,222
- Gross operating margin +€5,838
up €5,838 (+222%), from €2,633 to €8,472
- Taxes +€1,616
up €1,616 (+614%), from €263 to €1,879
- Financial charges +€505
up €505 (+120%), from €422 to €927
- Depreciation +€462
up €462 (+49.7%), from €930 to €1,392
- Other operating charges +€106
up €106 (+39.2%), from €269 to €375
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 | €19,582 | €23,763 | +€4,181 | +21.4% |
| Fixed assets | 21/28 | €5,570 | €5,471 | -€99 | -1.8% |
| Tangible fixed assets | 22/27 | €2,870 | €2,771 | -€99 | -3.5% |
| Furniture and vehicles | 24 | €2,870 | €2,771 | -€99 | -3.5% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €14,012 | €18,292 | +€4,280 | +30.5% |
| Amounts receivable within one year | 40/41 | €3,819 | €9,465 | +€5,646 | +148% |
| Trade receivables | 40 | €3,361 | €6,557 | +€3,196 | +95.1% |
| Other amounts receivable | 41 | €457 | €2,907 | +€2,450 | +536% |
| Cash at bank and in hand | 54/58 | €9,125 | €2,935 | -€6,190 | -67.8% |
| Deferred charges and accrued income | 490/1 | €1,068 | €5,893 | +€4,825 | +452% |
| Total equity and liabilities | 10/49 | €19,582 | €23,763 | +€4,181 | +21.4% |
| Equity | 10/15 | €8,250 | €19,649 | +€11,399 | +138% |
| Contributions | 10/11 | €7,500 | €15,000 | +€7,500 | +100% |
| Reserves | 13 | €750 | €4,649 | +€3,899 | +520% |
| Distributable reserves | 133 | €750 | €4,649 | +€3,899 | +520% |
| Amounts payable | 17/49 | €11,333 | €4,115 | -€7,218 | -63.7% |
| Amounts payable within one year | 42/48 | €11,333 | €4,115 | -€7,218 | -63.7% |
| Trade debts | 44 | €2,055 | €1,893 | -€163 | -7.9% |
| Suppliers | 440/4 | €2,055 | €1,893 | -€163 | -7.9% |
| Taxes, remuneration and social security | 45 | €263 | €2,222 | +€1,959 | +744% |
| Taxes | 450/3 | €263 | €2,222 | +€1,959 | +744% |
| Other amounts payable | 47/48 | €9,014 | - | -€9,014 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €930 | €1,392 | +€462 | +49.7% |
| Other operating charges | 640/8 | €269 | €375 | +€106 | +39.2% |
| Gross operating margin | 9900 | €2,633 | €8,472 | +€5,838 | +222% |
| Operating profit (loss) | 9901 | €1,434 | €6,705 | +€5,271 | +367% |
| Financial charges | 65/66B | €422 | €927 | +€505 | +120% |
| Recurring financial charges | 65 | €422 | €927 | +€505 | +120% |
| Profit (loss) for the period before taxes | 9903 | €1,013 | €5,778 | +€4,766 | +471% |
| Income taxes | 67/77 | €263 | €1,879 | +€1,616 | +614% |
| Profit (loss) for the period | 9904 | €750 | €3,899 | +€3,150 | +420% |
| Profit (loss) for the period to be appropriated | 9905 | €750 | €3,899 | +€3,150 | +420% |
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 23 October 2026 via checked.be.