Snipes België: 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.
What changed
Snipes België
NACE 47.721, Retail sale of footwear
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€620,036
2024 · €706,885-€86,849
Equity
€10.8m
2024 · €10.2m+€620,036
Cash
€3.7m
2024 · €3.8m-€78,487
Balance sheet total
€15.5m
2024 · €15.6m-€36,889
Largest movements
Assets
- Tangible fixed assets -€1.7m
down €1.7m (-34.5%), from €4.9m to €3.2m
- Receivables within one year +€1.0m
up €1.0m (+124%), from €830,113 to €1.9m
of which Other amounts receivable: +€1.0m
- Stocks and contracts +€644,900
up €644,900 (+10.6%), from €6.1m to €6.7m
Equity and liabilities
- Trade debts -€1.7m
down €1.7m (-57.2%), from €2.9m to €1.2m
- Provisions +€969,338
up €969,338 (+1,629%), from €59,506 to €1.0m
- Profit (loss) carried forward +€620,036
up €620,036, from -€410,680 to €209,357
- Tax, wage and social debts +€252,204
up €252,204 (+14.4%), from €1.7m to €2.0m
of which Remuneration and social security: +€268,542
- Accrued charges and deferred income -€224,711
down €224,711 (-32.9%), from €683,265 to €458,554
Income statement
- Goods and materials -€3.4m
down €3.4m (-14.8%), from €22.6m to €19.3m
of which Purchases: -€3.7m
- Turnover -€2.2m
down €2.2m (-5.2%), from €41.8m to €39.6m
- Services and other goods -€1.2m
down €1.2m (-10.8%), from €11.5m to €10.3m
- Provisions +€975,194
up €975,194, from -€5,856 to €969,338
- Depreciation +€879,893
up €879,893 (+107%), from €819,251 to €1.7m
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.
Result 2024
€706,885
Turnover
-€2.2m
Other operating income
+€192,852
Goods and materials
+€3.4m
Services and other goods
+€1.2m
Staff costs
-€622,794
Depreciation
-€879,893
Write-downs
-€132,583
Provisions
-€975,194
Other operating charges
+€28,614
Other operating items
-€190,472
Financial charges
+€79,180
Taxes
-€20,206
Result 2025
€620,036
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€66,323
Investment
-€12,164
Financing
€0
Cash 2024
€3.8m
From operations (derived)
-€66,323
Net result for the year
+€620,036
Depreciation
+€1.7m
Stocks and contracts
-€644,900
Receivables within one year
-€1.0m
Deferred charges and accrued income
-€50,581
Provisions
+€969,338
Trade debts
-€1.7m
Tax, wage and social debts
+€252,204
Accrued charges and deferred income
-€224,711
Investment (derived)
-€12,164
Investment in fixed assets (net)
-€12,164
Cash 2025
€3.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,574,388 | €15,537,499 | -€36,889 | -0.2% |
| Fixed assets | 21/28 | €4,885,830 | €3,198,850 | -€1.7m | -34.5% |
| Intangible fixed assets | 21 | €10,923 | €5,318 | -€5,605 | -51.3% |
| Tangible fixed assets | 22/27 | €4,874,907 | €3,193,532 | -€1.7m | -34.5% |
| Furniture and vehicles | 24 | €4,874,907 | €3,193,532 | -€1.7m | -34.5% |
| Current assets | 29/58 | €10,688,558 | €12,338,649 | +€1.7m | +15.4% |
| Stocks and contracts in progress | 3 | €6,058,838 | €6,703,737 | +€644,900 | +10.6% |
| Stocks | 30/36 | €6,058,838 | €6,703,737 | +€644,900 | +10.6% |
| Goods purchased for resale | 34 | €6,058,838 | €6,703,737 | +€644,900 | +10.6% |
| Amounts receivable within one year | 40/41 | €830,113 | €1,863,210 | +€1.0m | +124% |
| Trade receivables | 40 | €816,244 | €823,194 | +€6,950 | +0.9% |
| Other amounts receivable | 41 | €13,869 | €1,040,015 | +€1.0m | +7,399% |
| Cash at bank and in hand | 54/58 | €3,751,959 | €3,673,473 | -€78,487 | -2.1% |
| Deferred charges and accrued income | 490/1 | €47,649 | €98,229 | +€50,581 | +106% |
| Total equity and liabilities | 10/49 | €15,574,388 | €15,537,499 | -€36,889 | -0.2% |
| Equity | 10/15 | €10,189,320 | €10,809,357 | +€620,036 | +6.1% |
| Contributions | 10/11 | €10,600,000 | €10,600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€410,680 | €209,357 | +€620,036 | |
| Provisions and deferred taxes | 16 | €59,506 | €1,028,844 | +€969,338 | +1,629% |
| Provisions for liabilities and charges | 160/5 | €59,506 | €1,028,844 | +€969,338 | +1,629% |
| Major repairs and maintenance | 162 | €16,306 | €12,200 | -€4,106 | -25.2% |
| Other liabilities and charges | 164/5 | €43,200 | €1,016,644 | +€973,444 | +2,253% |
| Amounts payable | 17/49 | €5,325,562 | €3,699,299 | -€1.6m | -30.5% |
| Amounts payable within one year | 42/48 | €4,642,297 | €3,240,745 | -€1.4m | -30.2% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €2,893,010 | €1,239,255 | -€1.7m | -57.2% |
| Suppliers | 440/4 | €2,893,010 | €1,239,255 | -€1.7m | -57.2% |
| Taxes, remuneration and social security | 45 | €1,749,286 | €2,001,490 | +€252,204 | +14.4% |
| Taxes | 450/3 | €1,130,788 | €1,114,449 | -€16,339 | -1.4% |
| Remuneration and social security | 454/9 | €618,499 | €887,041 | +€268,542 | +43.4% |
| Accrued charges and deferred income | 492/3 | €683,265 | €458,554 | -€224,711 | -32.9% |
| Operating income | 70/76A | €42,299,633 | €40,326,591 | -€2.0m | -4.7% |
| Turnover | 70 | €41,773,484 | €39,607,591 | -€2.2m | -5.2% |
| Other operating income | 74 | €526,149 | €719,001 | +€192,852 | +36.7% |
| Operating charges | 60/66A | €41,016,794 | €39,189,574 | -€1.8m | -4.5% |
| Goods for resale, raw materials and consumables | 60 | €22,616,570 | €19,263,157 | -€3.4m | -14.8% |
| Purchases | 600/8 | €23,683,672 | €20,011,676 | -€3.7m | -15.5% |
| Change in stocks: decrease (increase) | 609 | -€1,067,102 | -€748,520 | +€318,582 | +29.9% |
| Services and other goods | 61 | €11,498,950 | €10,252,822 | -€1.2m | -10.8% |
| Remuneration, social security and pensions | 62 | €5,678,155 | €6,300,949 | +€622,794 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €819,251 | €1,699,143 | +€879,893 | +107% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€28,963 | €103,620 | +€132,583 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€5,856 | €969,338 | +€975,194 | |
| Other operating charges | 640/8 | €384,191 | €355,576 | -€28,614 | -7.4% |
| Non-recurring operating charges | 66A | €54,496 | €244,969 | +€190,472 | +350% |
| Operating profit (loss) | 9901 | €1,282,839 | €1,137,018 | -€145,822 | -11.4% |
| Financial charges | 65/66B | €293,284 | €214,105 | -€79,180 | -27.0% |
| Recurring financial charges | 65 | €293,284 | €214,105 | -€79,180 | -27.0% |
| Debt charges | 650 | €80,882 | €26,223 | -€54,659 | -67.6% |
| Other financial charges | 652/9 | €212,402 | €187,882 | -€24,521 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €989,555 | €922,913 | -€66,642 | -6.7% |
| Income taxes | 67/77 | €282,670 | €302,877 | +€20,206 | +7.1% |
| Taxes | 670/3 | €282,670 | €322,000 | +€39,330 | +13.9% |
| Tax adjustments and reversals of tax provisions | 77 | - | €19,123 | +€19,123 | |
| Profit (loss) for the period | 9904 | €706,885 | €620,036 | -€86,849 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €706,885 | €620,036 | -€86,849 | -12.3% |
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 25 October 2026 via checked.be.