SNIGG: 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.
SNIGG
Largest movements
- Receivables within one year +€14,899
up €14,899 (+180.4%), from €8,258 to €23,158
of which Trade receivables: +€17,182
- Stocks and contracts +€11,194
up €11,194 (+15.8%), from €70,760 to €81,955
- Cash +€11,147
up €11,147 (+124.3%), from €8,968 to €20,115
mainly Short-term financial debts (+€100,000) and Other debts (+€3,988)
- Tangible fixed assets +€11,098
up €11,098 (+132.5%), from €8,376 to €19,473
of which Plant, machinery and equipment: +€11,814
- Short-term financial debts +€100,000
new in 2025: €100,000
- Profit (loss) carried forward -€38,669
down €38,669 (-42.7%), from -€90,533 to -€129,202
- Debts after one year -€15,891
down €15,891 (-23.8%), from €66,732 to €50,840
- Trade debts -€4,910
down €4,910 (-20.5%), from €23,894 to €18,985
- Other debts +€3,988
up €3,988 (+18.0%), from €22,111 to €26,099
- Gross operating margin -€38,453
down €38,453, from €6,863 to -€31,590
- Financial charges +€2,061
up €2,061 (+67.7%), from €3,047 to €5,109
- Write-downs -€1,977
down €1,977, from €1,346 to -€630
- Other operating charges +€983
up €983 (+182.9%), from €537 to €1,520
- Financial income +€496
up €496 (+150.1%), from €331 to €827
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,595 | €144,929 | +€47,334 | +48.5% |
| Fixed assets | 21/28 | €8,376 | €19,473 | +€11,098 | +132.5% |
| Tangible fixed assets | 22/27 | €8,376 | €19,473 | +€11,098 | +132.5% |
| Plant, machinery and equipment | 23 | €2,622 | €14,436 | +€11,814 | +450.6% |
| Furniture and vehicles | 24 | €1,021 | €886 | -€136 | -13.3% |
| Other tangible fixed assets | 26 | €4,733 | €4,152 | -€581 | -12.3% |
| Current assets | 29/58 | €89,220 | €125,456 | +€36,236 | +40.6% |
| Stocks and contracts in progress | 3 | €70,760 | €81,955 | +€11,194 | +15.8% |
| Stocks | 30/36 | €70,760 | €81,955 | +€11,194 | +15.8% |
| Amounts receivable within one year | 40/41 | €8,258 | €23,158 | +€14,899 | +180.4% |
| Trade receivables | 40 | €5,976 | €23,158 | +€17,182 | +287.5% |
| Other amounts receivable | 41 | €2,282 | - | -€2,282 | |
| Cash at bank and in hand | 54/58 | €8,968 | €20,115 | +€11,147 | +124.3% |
| Deferred charges and accrued income | 490/1 | €1,233 | €229 | -€1,004 | -81.4% |
| Total equity and liabilities | 10/49 | €97,595 | €144,929 | +€47,334 | +48.5% |
| Equity | 10/15 | -€30,533 | -€69,202 | -€38,669 | -126.6% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,533 | -€129,202 | -€38,669 | -42.7% |
| Amounts payable | 17/49 | €128,128 | €214,131 | +€86,003 | +67.1% |
| Amounts payable after more than one year | 17 | €66,732 | €50,840 | -€15,891 | -23.8% |
| Financial debts | 170/4 | €66,732 | €50,840 | -€15,891 | -23.8% |
| Amounts payable within one year | 42/48 | €61,396 | €163,291 | +€101,894 | +166.0% |
| Current portion of amounts payable after more than one year | 42 | €15,391 | €15,891 | +€500 | +3.3% |
| Financial debts | 43 | - | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €23,894 | €18,985 | -€4,910 | -20.5% |
| Suppliers | 440/4 | €23,894 | €18,985 | -€4,910 | -20.5% |
| Taxes, remuneration and social security | 45 | - | €2,316 | +€2,316 | |
| Taxes | 450/3 | - | €2,316 | +€2,316 | |
| Other amounts payable | 47/48 | €22,111 | €26,099 | +€3,988 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,629 | €1,907 | +€278 | +17.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,346 | -€630 | -€1,977 | |
| Other operating charges | 640/8 | €537 | €1,520 | +€983 | +182.9% |
| Gross operating margin | 9900 | €6,863 | -€31,590 | -€38,453 | |
| Operating profit (loss) | 9901 | €3,350 | -€34,387 | -€37,737 | |
| Financial income | 75/76B | €331 | €827 | +€496 | +150.1% |
| Recurring financial income | 75 | €331 | €827 | +€496 | +150.1% |
| Financial charges | 65/66B | €3,047 | €5,109 | +€2,061 | +67.7% |
| Recurring financial charges | 65 | €3,047 | €5,109 | +€2,061 | +67.7% |
| Profit (loss) for the period before taxes | 9903 | €633 | -€38,669 | -€39,302 | |
| Profit (loss) for the period | 9904 | €633 | -€38,669 | -€39,302 | |
| Profit (loss) for the period to be appropriated | 9905 | €633 | -€38,669 | -€39,302 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.