SNOECK: 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.
SNOECK
Largest movements
- Cash +€42,626
up €42,626 (+41.5%), from €102,806 to €145,432
mainly Receivables after one year (+€25,390) and Depreciation (+€24,327)
- Receivables after one year -€25,390
down €25,390 (-47.4%), from €53,538 to €28,148
- Tangible fixed assets -€24,327
down €24,327 (-50.9%), from €47,827 to €23,500
- Trade debts -€10,924
down €10,924 (-81.8%), from €13,360 to €2,436
- Profit (loss) carried forward +€3,613
up €3,613 (+1.8%), from €203,965 to €207,578
- Gross operating margin -€4,738
down €4,738 (-12.7%), from €37,386 to €32,648
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 | €296,279 | €289,266 | -€7,013 | -2.4% |
| Fixed assets | 21/28 | €47,877 | €23,550 | -€24,327 | -50.8% |
| Tangible fixed assets | 22/27 | €47,827 | €23,500 | -€24,327 | -50.9% |
| Land and buildings | 22 | €47,827 | €23,500 | -€24,327 | -50.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €248,402 | €265,716 | +€17,314 | +7.0% |
| Amounts receivable after more than one year | 29 | €53,538 | €28,148 | -€25,390 | -47.4% |
| Trade receivables | 290 | €53,538 | €28,148 | -€25,390 | -47.4% |
| Amounts receivable within one year | 40/41 | €88,621 | €88,793 | +€172 | +0.2% |
| Trade receivables | 40 | €88,621 | €88,793 | +€172 | +0.2% |
| Cash at bank and in hand | 54/58 | €102,806 | €145,432 | +€42,626 | +41.5% |
| Deferred charges and accrued income | 490/1 | €3,437 | €3,344 | -€93 | -2.7% |
| Total equity and liabilities | 10/49 | €296,279 | €289,266 | -€7,013 | -2.4% |
| Equity | 10/15 | €282,213 | €285,826 | +€3,613 | +1.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €59,656 | €59,656 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €34,069 | €34,069 | = | 0.0% |
| Distributable reserves | 133 | €23,727 | €23,727 | = | 0.0% |
| Profit (loss) carried forward | 14 | €203,965 | €207,578 | +€3,613 | +1.8% |
| Amounts payable | 17/49 | €14,066 | €3,440 | -€10,626 | -75.5% |
| Amounts payable within one year | 42/48 | €13,914 | €3,283 | -€10,631 | -76.4% |
| Trade debts | 44 | €13,360 | €2,436 | -€10,924 | -81.8% |
| Suppliers | 440/4 | €13,360 | €2,436 | -€10,924 | -81.8% |
| Taxes, remuneration and social security | 45 | €554 | €847 | +€293 | +52.8% |
| Taxes | 450/3 | €554 | €847 | +€293 | +52.8% |
| Accrued charges and deferred income | 492/3 | €152 | €157 | +€5 | +3.2% |
| Remuneration, social security and pensions | 62 | €100 | €100 | +€0 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,327 | €24,327 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,474 | €4,585 | +€111 | +2.5% |
| Gross operating margin | 9900 | €37,386 | €32,648 | -€4,738 | -12.7% |
| Operating profit (loss) | 9901 | €8,485 | €3,635 | -€4,850 | -57.2% |
| Financial income | 75/76B | €18 | €17 | -€1 | -5.9% |
| Recurring financial income | 75 | €18 | €17 | -€1 | -5.9% |
| Financial charges | 65/66B | €35 | €39 | +€4 | +10.3% |
| Recurring financial charges | 65 | €35 | €39 | +€4 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €8,467 | €3,613 | -€4,854 | -57.3% |
| Profit (loss) for the period | 9904 | €8,467 | €3,613 | -€4,854 | -57.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,467 | €3,613 | -€4,854 | -57.3% |
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 25 October 2026 via checked.be.