SNK RENAISSANCE: 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 RENAISSANCE
Largest movements
- Receivables within one year +€25,179
up €25,179 (+176%), from €14,272 to €39,451
of which Trade receivables: +€19,513
- Cash +€9,185
up €9,185 (+103%), from €8,892 to €18,077
mainly Net result for the year (+€33,495) and Tax, wage and social debts (+€2,525)
- Stocks and contracts +€1,830
up €1,830 (+72.0%), from €2,540 to €4,370
- Reserves +€33,495
up €33,495 (+237%), from €14,144 to €47,638
- Tax, wage and social debts +€2,525
up €2,525 (+22.5%), from €11,234 to €13,759
of which Taxes: +€5,802
- Turnover +€122,363
up €122,363 (+63.2%), from €193,477 to €315,841
- Gross operating margin +€75,751
up €75,751 (+211%), from €35,911 to €111,662
- Purchases and services +€46,612
up €46,612 (+29.6%), from €157,566 to €204,178
- Write-downs +€38,950
new in 2025: €38,950
- Staff costs +€16,076
up €16,076 (+107%), from €15,087 to €31,163
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 | €25,878 | €61,897 | +€36,020 | +139% |
| Current assets | 29/58 | €25,878 | €61,897 | +€36,020 | +139% |
| Stocks and contracts in progress | 3 | €2,540 | €4,370 | +€1,830 | +72.0% |
| Stocks | 30/36 | €2,540 | €4,370 | +€1,830 | +72.0% |
| Amounts receivable within one year | 40/41 | €14,272 | €39,451 | +€25,179 | +176% |
| Trade receivables | 40 | €653 | €20,167 | +€19,513 | +2,987% |
| Other amounts receivable | 41 | €13,618 | €19,284 | +€5,666 | +41.6% |
| Cash at bank and in hand | 54/58 | €8,892 | €18,077 | +€9,185 | +103% |
| Deferred charges and accrued income | 490/1 | €174 | - | -€174 | |
| Total equity and liabilities | 10/49 | €25,878 | €61,897 | +€36,020 | +139% |
| Equity | 10/15 | €14,644 | €48,138 | +€33,495 | +229% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €14,144 | €47,638 | +€33,495 | +237% |
| Distributable reserves | 133 | €14,144 | €47,638 | +€33,495 | +237% |
| Amounts payable | 17/49 | €11,234 | €13,759 | +€2,525 | +22.5% |
| Amounts payable within one year | 42/48 | €11,234 | €13,759 | +€2,525 | +22.5% |
| Taxes, remuneration and social security | 45 | €11,234 | €13,759 | +€2,525 | +22.5% |
| Taxes | 450/3 | €5,905 | €11,708 | +€5,802 | +98.3% |
| Remuneration and social security | 454/9 | €5,329 | €2,051 | -€3,277 | -61.5% |
| Turnover | 70 | €193,477 | €315,841 | +€122,363 | +63.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €157,566 | €204,178 | +€46,612 | +29.6% |
| Remuneration, social security and pensions | 62 | €15,087 | €31,163 | +€16,076 | +107% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €38,950 | +€38,950 | |
| Gross operating margin | 9900 | €35,911 | €111,662 | +€75,751 | +211% |
| Operating profit (loss) | 9901 | €20,824 | €41,550 | +€20,725 | +99.5% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €1,966 | €2,227 | +€261 | +13.3% |
| Recurring financial charges | 65 | €1,966 | €2,227 | +€261 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €18,858 | €39,326 | +€20,468 | +109% |
| Income taxes | 67/77 | €4,715 | €5,832 | +€1,117 | +23.7% |
| Profit (loss) for the period | 9904 | €14,144 | €33,495 | +€19,351 | +137% |
| Profit (loss) for the period to be appropriated | 9905 | €14,144 | €33,495 | +€19,351 | +137% |
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 27 October 2026 via checked.be.