SNL CONCEPT: 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.
SNL CONCEPT
Largest movements
- Cash -€122,577
down €122,577 (-73.3%), from €167,311 to €44,734
mainly Current investments (-€120,000) and Receivables within one year (-€11,979)
- Current investments +€120,000
new in 2025: €120,000
- Receivables within one year +€11,979
up €11,979 (+121.4%), from €9,865 to €21,844
of which Trade receivables: +€9,979
- Tangible fixed assets -€5,579
down €5,579 (-42.6%), from €13,101 to €7,522
of which Furniture and vehicles: -€5,247
- Profit (loss) carried forward +€13,524
up €13,524 (+87.8%), from -€15,395 to -€1,871
- Trade debts -€10,687
down €10,687 (-67.2%), from €15,897 to €5,209
- Gross operating margin +€29,392
up €29,392, from -€10,377 to €19,015
- Financial income +€2,608
new in 2025: €2,608
- Depreciation +€1,725
up €1,725 (+44.7%), from €3,854 to €5,579
- Taxes +€1,372
up €1,372 (+339.4%), from €404 to €1,776
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 | €192,442 | €196,265 | +€3,823 | +2.0% |
| Fixed assets | 21/28 | €13,101 | €7,522 | -€5,579 | -42.6% |
| Tangible fixed assets | 22/27 | €13,101 | €7,522 | -€5,579 | -42.6% |
| Plant, machinery and equipment | 23 | €1,469 | €1,137 | -€332 | -22.6% |
| Furniture and vehicles | 24 | €11,632 | €6,385 | -€5,247 | -45.1% |
| Current assets | 29/58 | €179,341 | €188,743 | +€9,402 | +5.2% |
| Amounts receivable within one year | 40/41 | €9,865 | €21,844 | +€11,979 | +121.4% |
| Trade receivables | 40 | €9,865 | €19,844 | +€9,979 | +101.2% |
| Other amounts receivable | 41 | €0 | €2,000 | +€2,000 | |
| Current investments | 50/53 | - | €120,000 | +€120,000 | |
| Cash at bank and in hand | 54/58 | €167,311 | €44,734 | -€122,577 | -73.3% |
| Deferred charges and accrued income | 490/1 | €2,165 | €2,165 | = | 0.0% |
| Total equity and liabilities | 10/49 | €192,442 | €196,265 | +€3,823 | +2.0% |
| Equity | 10/15 | €165,186 | €178,710 | +€13,524 | +8.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €174,381 | €174,381 | = | 0.0% |
| Distributable reserves | 133 | €174,381 | €174,381 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,395 | -€1,871 | +€13,524 | +87.8% |
| Amounts payable | 17/49 | €27,256 | €17,555 | -€9,701 | -35.6% |
| Amounts payable within one year | 42/48 | €27,256 | €17,555 | -€9,701 | -35.6% |
| Trade debts | 44 | €15,897 | €5,209 | -€10,687 | -67.2% |
| Suppliers | 440/4 | €15,897 | €5,209 | -€10,687 | -67.2% |
| Taxes, remuneration and social security | 45 | €7,772 | €9,494 | +€1,722 | +22.2% |
| Taxes | 450/3 | €7,772 | €7,834 | +€62 | +0.8% |
| Remuneration and social security | 454/9 | €0 | €1,660 | +€1,660 | |
| Other amounts payable | 47/48 | €3,587 | €2,852 | -€735 | -20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,854 | €5,579 | +€1,725 | +44.7% |
| Other operating charges | 640/8 | €511 | €642 | +€131 | +25.7% |
| Gross operating margin | 9900 | -€10,377 | €19,015 | +€29,392 | |
| Operating profit (loss) | 9901 | -€14,743 | €12,794 | +€27,536 | |
| Financial income | 75/76B | - | €2,608 | +€2,608 | |
| Recurring financial income | 75 | - | €2,608 | +€2,608 | |
| Financial charges | 65/66B | €248 | €102 | -€146 | -58.8% |
| Recurring financial charges | 65 | €248 | €102 | -€146 | -58.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,990 | €15,300 | +€30,290 | |
| Income taxes | 67/77 | €404 | €1,776 | +€1,372 | +339.4% |
| Profit (loss) for the period | 9904 | -€15,395 | €13,524 | +€28,918 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,395 | €13,524 | +€28,918 |
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.