SNH: 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.
SNH
Largest movements
- Receivables within one year +€7,814
up €7,814 (+6.2%), from €126,679 to €134,493
- Profit (loss) carried forward +€14,991
up €14,991 (+17.7%), from €84,714 to €99,705
- Debts within one year -€5,909
down €5,909 (-29.0%), from €20,409 to €14,500
- Debts after one year -€1,955
no longer reported in 2021 (was €1,955)
- Gross operating margin -€934
down €934 (-3.9%), from €23,795 to €22,861
- Taxes -€255
down €255 (-5.4%), from €4,764 to €4,509
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €127,538 | €134,665 | +€7,127 | +5.6% |
| Fixed assets | 21/28 | €859 | €172 | -€687 | -80.0% |
| Tangible fixed assets | 22/27 | €859 | €172 | -€687 | -80.0% |
| Current assets | 29/58 | €126,679 | €134,493 | +€7,814 | +6.2% |
| Amounts receivable within one year | 40/41 | €126,679 | €134,493 | +€7,814 | +6.2% |
| Total equity and liabilities | 10/49 | €127,538 | €134,665 | +€7,127 | +5.6% |
| Equity | 10/15 | €105,174 | €120,165 | +€14,991 | +14.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,714 | €99,705 | +€14,991 | +17.7% |
| Amounts payable | 17/49 | €22,364 | €14,500 | -€7,864 | -35.2% |
| Amounts payable after more than one year | 17 | €1,955 | - | -€1,955 | |
| Amounts payable within one year | 42/48 | €20,409 | €14,500 | -€5,909 | -29.0% |
| Trade debts | 44 | €1,456 | €1,590 | +€134 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €687 | €687 | = | 0.0% |
| Gross operating margin | 9900 | €23,795 | €22,861 | -€934 | -3.9% |
| Operating profit (loss) | 9901 | €10,881 | €21,357 | +€10,476 | +96.3% |
| Recurring financial charges | 65 | €2,129 | €1,857 | -€272 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €8,752 | €19,500 | +€10,748 | +123% |
| Income taxes | 67/77 | €4,764 | €4,509 | -€255 | -5.4% |
| Profit (loss) for the period | 9904 | €3,988 | €14,991 | +€11,003 | +276% |
| Profit (loss) for the period to be appropriated | 9905 | €3,988 | €14,991 | +€11,003 | +276% |
Source: filed annual accounts (NBB), financial years ended 31 March 2020 and 31 March 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.