SNK Belgique: 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.
SNK Belgique
Largest movements
- Receivables within one year -€43,337
down €43,337 (-38.9%), from €111,452 to €68,115
of which Trade receivables: -€41,990
- Trade debts -€59,934
down €59,934 (-85.7%), from €69,950 to €10,015
- Tax, wage and social debts +€9,362
up €9,362 (+120%), from €7,802 to €17,164
- Profit (loss) carried forward +€8,146
up €8,146 (+26.1%), from €31,209 to €39,355
- Gross operating margin -€30,490
down €30,490 (-78.8%), from €38,669 to €8,179
- Taxes -€5,541
down €5,541 (-71.0%), from €7,802 to €2,261
- Depreciation -€3,040
down €3,040 (-96.1%), from €3,162 to €122
- Financial charges +€890
up €890 (+601%), from €148 to €1,039
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,460 | €69,034 | -€42,426 | -38.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | - | €834 | +€834 | |
| Tangible fixed assets | 22/27 | - | €834 | +€834 | |
| Plant, machinery and equipment | 23 | - | €834 | +€834 | |
| Current assets | 29/58 | €111,460 | €68,200 | -€43,260 | -38.8% |
| Amounts receivable within one year | 40/41 | €111,452 | €68,115 | -€43,337 | -38.9% |
| Trade receivables | 40 | €51,720 | €9,730 | -€41,990 | -81.2% |
| Other amounts receivable | 41 | €59,732 | €58,385 | -€1,347 | -2.3% |
| Cash at bank and in hand | 54/58 | €9 | €3 | -€6 | -64.1% |
| Deferred charges and accrued income | 490/1 | - | €82 | +€82 | |
| Total equity and liabilities | 10/49 | €111,460 | €69,034 | -€42,426 | -38.1% |
| Equity | 10/15 | €33,709 | €41,855 | +€8,146 | +24.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,209 | €39,355 | +€8,146 | +26.1% |
| Amounts payable | 17/49 | €77,752 | €27,180 | -€50,572 | -65.0% |
| Amounts payable within one year | 42/48 | €77,752 | €27,180 | -€50,572 | -65.0% |
| Trade debts | 44 | €69,950 | €10,015 | -€59,934 | -85.7% |
| Suppliers | 440/4 | €69,950 | €10,015 | -€59,934 | -85.7% |
| Taxes, remuneration and social security | 45 | €7,802 | €17,164 | +€9,362 | +120% |
| Taxes | 450/3 | €7,802 | €17,164 | +€9,362 | +120% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,162 | €122 | -€3,040 | -96.1% |
| Gross operating margin | 9900 | €38,669 | €8,179 | -€30,490 | -78.8% |
| Operating profit (loss) | 9901 | €35,508 | €8,058 | -€27,450 | -77.3% |
| Financial income | 75/76B | €3,651 | €3,389 | -€263 | -7.2% |
| Recurring financial income | 75 | €3,651 | €3,389 | -€263 | -7.2% |
| Financial charges | 65/66B | €148 | €1,039 | +€890 | +601% |
| Recurring financial charges | 65 | €148 | €1,039 | +€890 | +601% |
| Profit (loss) for the period before taxes | 9903 | €39,011 | €10,407 | -€28,603 | -73.3% |
| Income taxes | 67/77 | €7,802 | €2,261 | -€5,541 | -71.0% |
| Profit (loss) for the period | 9904 | €31,209 | €8,146 | -€23,063 | -73.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,209 | €8,146 | -€23,063 | -73.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.