SNIRO INVEST: 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.
SNIRO INVEST
Largest movements
- Current investments -€10,000
no longer reported in 2025 (was €10,000)
- Tangible fixed assets -€5,324
down €5,324 (-1.4%), from €371,926 to €366,601
of which Plant, machinery and equipment: -€2,924
- Cash +€4,742
up €4,742 (+36.4%), from €13,017 to €17,759
mainly Current investments (+€10,000) and Depreciation (+€5,324)
- Debts after one year -€17,170
down €17,170 (-5.1%), from €339,496 to €322,326
of which Financial debts: -€15,547
- Gross operating margin +€3,973
up €3,973 (+31.2%), from €12,754 to €16,727
- Taxes +€1,064
up €1,064 (+127.5%), from €834 to €1,898
- Depreciation +€691
up €691 (+14.9%), from €4,634 to €5,324
- Financial charges -€429
down €429 (-12.4%), from €3,449 to €3,019
- Other operating charges +€273
up €273 (+7.8%), from €3,513 to €3,785
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 | €395,658 | €384,822 | -€10,835 | -2.7% |
| Fixed assets | 21/28 | €371,926 | €366,601 | -€5,324 | -1.4% |
| Tangible fixed assets | 22/27 | €371,926 | €366,601 | -€5,324 | -1.4% |
| Land and buildings | 22 | €347,988 | €347,988 | = | 0.0% |
| Plant, machinery and equipment | 23 | €16,941 | €14,017 | -€2,924 | -17.3% |
| Furniture and vehicles | 24 | €6,996 | €4,596 | -€2,400 | -34.3% |
| Current assets | 29/58 | €23,732 | €18,221 | -€5,511 | -23.2% |
| Amounts receivable within one year | 40/41 | €284 | €11 | -€273 | -96.1% |
| Other amounts receivable | 41 | €284 | €11 | -€273 | -96.1% |
| Current investments | 50/53 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €13,017 | €17,759 | +€4,742 | +36.4% |
| Deferred charges and accrued income | 490/1 | €431 | €451 | +€20 | +4.6% |
| Total equity and liabilities | 10/49 | €395,658 | €384,822 | -€10,835 | -2.7% |
| Equity | 10/15 | €39,970 | €42,725 | +€2,756 | +6.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,370 | €24,125 | +€2,756 | +12.9% |
| Distributable reserves | 133 | €21,370 | €24,125 | +€2,756 | +12.9% |
| Amounts payable | 17/49 | €355,688 | €342,097 | -€13,591 | -3.8% |
| Amounts payable after more than one year | 17 | €339,496 | €322,326 | -€17,170 | -5.1% |
| Financial debts | 170/4 | €110,520 | €94,973 | -€15,547 | -14.1% |
| Other amounts payable | 178/9 | €228,976 | €227,353 | -€1,623 | -0.7% |
| Amounts payable within one year | 42/48 | €16,191 | €19,770 | +€3,579 | +22.1% |
| Current portion of amounts payable after more than one year | 42 | €15,104 | €15,547 | +€443 | +2.9% |
| Trade debts | 44 | €72 | €2,043 | +€1,972 | +2757.5% |
| Suppliers | 440/4 | €72 | €2,043 | +€1,972 | +2757.5% |
| Taxes, remuneration and social security | 45 | €1,016 | €2,180 | +€1,164 | +114.6% |
| Taxes | 450/3 | €1,016 | €2,180 | +€1,164 | +114.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,634 | €5,324 | +€691 | +14.9% |
| Other operating charges | 640/8 | €3,513 | €3,785 | +€273 | +7.8% |
| Gross operating margin | 9900 | €12,754 | €16,727 | +€3,973 | +31.2% |
| Operating profit (loss) | 9901 | €4,608 | €7,617 | +€3,010 | +65.3% |
| Financial income | 75/76B | €304 | €56 | -€248 | -81.7% |
| Recurring financial income | 75 | €304 | €56 | -€248 | -81.7% |
| Financial charges | 65/66B | €3,449 | €3,019 | -€429 | -12.4% |
| Recurring financial charges | 65 | €3,449 | €3,019 | -€429 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €1,463 | €4,654 | +€3,191 | +218.1% |
| Income taxes | 67/77 | €834 | €1,898 | +€1,064 | +127.5% |
| Profit (loss) for the period | 9904 | €629 | €2,756 | +€2,127 | +338.3% |
| Profit (loss) for the period to be appropriated | 9905 | €629 | €2,756 | +€2,127 | +338.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.