SNIJERS: 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.
SNIJERS
Largest movements
- Tangible fixed assets +€12,863
new in 2025: €12,863
- Receivables within one year -€1,915
down €1,915 (-10.8%), from €17,750 to €15,835
of which Other amounts receivable: -€1,645
- Reserves +€14,065
up €14,065 (+19.1%), from €73,491 to €87,556
- Trade debts -€2,292
down €2,292 (-63.8%), from €3,593 to €1,301
- Gross operating margin +€8,037
up €8,037 (+39.5%), from €20,367 to €28,404
- Depreciation +€6,222
new in 2025: €6,222
- Taxes +€337
up €337 (+5.0%), from €6,764 to €7,101
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 | €111,587 | €122,555 | +€10,968 | +9.8% |
| Fixed assets | 21/28 | €908 | €13,771 | +€12,863 | +1,417% |
| Tangible fixed assets | 22/27 | - | €12,863 | +€12,863 | |
| Furniture and vehicles | 24 | - | €12,863 | +€12,863 | |
| Financial fixed assets | 28 | €908 | €908 | = | 0.0% |
| Current assets | 29/58 | €110,680 | €108,784 | -€1,895 | -1.7% |
| Stocks and contracts in progress | 3 | €10,865 | €10,636 | -€229 | -2.1% |
| Stocks | 30/36 | €10,865 | €10,636 | -€229 | -2.1% |
| Amounts receivable within one year | 40/41 | €17,750 | €15,835 | -€1,915 | -10.8% |
| Trade receivables | 40 | €9,097 | €8,826 | -€270 | -3.0% |
| Other amounts receivable | 41 | €8,653 | €7,009 | -€1,645 | -19.0% |
| Cash at bank and in hand | 54/58 | €82,065 | €82,313 | +€248 | +0.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €111,587 | €122,555 | +€10,968 | +9.8% |
| Equity | 10/15 | €99,880 | €113,944 | +€14,065 | +14.1% |
| Contributions | 10/11 | €26,388 | €26,388 | = | 0.0% |
| Reserves | 13 | €73,491 | €87,556 | +€14,065 | +19.1% |
| Distributable reserves | 133 | €73,491 | €87,556 | +€14,065 | +19.1% |
| Amounts payable | 17/49 | €11,708 | €8,611 | -€3,097 | -26.5% |
| Amounts payable within one year | 42/48 | €11,708 | €8,611 | -€3,097 | -26.5% |
| Trade debts | 44 | €3,593 | €1,301 | -€2,292 | -63.8% |
| Suppliers | 440/4 | €3,593 | €1,301 | -€2,292 | -63.8% |
| Taxes, remuneration and social security | 45 | €8,115 | €7,310 | -€804 | -9.9% |
| Taxes | 450/3 | €8,115 | €7,310 | -€804 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,222 | +€6,222 | |
| Other operating charges | 640/8 | €1,323 | €1,179 | -€143 | -10.8% |
| Gross operating margin | 9900 | €20,367 | €28,404 | +€8,037 | +39.5% |
| Operating profit (loss) | 9901 | €19,045 | €21,003 | +€1,958 | +10.3% |
| Financial income | 75/76B | €534 | €353 | -€181 | -33.8% |
| Recurring financial income | 75 | €534 | €353 | -€181 | -33.8% |
| Financial charges | 65/66B | €388 | €190 | -€198 | -50.9% |
| Recurring financial charges | 65 | €388 | €190 | -€198 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | €19,191 | €21,166 | +€1,975 | +10.3% |
| Income taxes | 67/77 | €6,764 | €7,101 | +€337 | +5.0% |
| Profit (loss) for the period | 9904 | €12,427 | €14,065 | +€1,638 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,427 | €14,065 | +€1,638 | +13.2% |
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.