Snoeck Paul: 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 Paul
Largest movements
- Receivables within one year -€10,606
down €10,606 (-44.9%), from €23,639 to €13,033
of which Other amounts receivable: -€10,564
- Tangible fixed assets -€9,533
down €9,533 (-38.1%), from €25,002 to €15,469
of which Furniture and vehicles: -€9,063
- Cash +€7,748
up €7,748 (+13.9%), from €55,759 to €63,506
mainly Receivables within one year (+€10,606) and Depreciation (+€9,533)
- Reserves -€11,027
down €11,027 (-11.1%), from €99,459 to €88,432
- Tax, wage and social debts -€1,103
down €1,103 (-35.1%), from €3,139 to €2,036
of which Remuneration and social security: -€1,250
- Gross operating margin +€6,501
up €6,501 (+95.9%), from -€6,778 to -€277
- Depreciation -€3,812
down €3,812 (-28.6%), from €13,344 to €9,533
- Other operating charges -€640
down €640 (-40.0%), from €1,602 to €961
- Financial income -€311
down €311 (-30.4%), from €1,025 to €714
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 | €107,457 | €94,910 | -€12,547 | -11.7% |
| Fixed assets | 21/28 | €25,002 | €15,469 | -€9,533 | -38.1% |
| Tangible fixed assets | 22/27 | €25,002 | €15,469 | -€9,533 | -38.1% |
| Furniture and vehicles | 24 | €20,930 | €11,866 | -€9,063 | -43.3% |
| Other tangible fixed assets | 26 | €4,072 | €3,603 | -€469 | -11.5% |
| Current assets | 29/58 | €82,455 | €79,441 | -€3,014 | -3.7% |
| Amounts receivable within one year | 40/41 | €23,639 | €13,033 | -€10,606 | -44.9% |
| Trade receivables | 40 | €8,273 | €8,230 | -€43 | -0.5% |
| Other amounts receivable | 41 | €15,366 | €4,803 | -€10,564 | -68.7% |
| Cash at bank and in hand | 54/58 | €55,759 | €63,506 | +€7,748 | +13.9% |
| Deferred charges and accrued income | 490/1 | €3,058 | €2,902 | -€156 | -5.1% |
| Total equity and liabilities | 10/49 | €107,457 | €94,910 | -€12,547 | -11.7% |
| Equity | 10/15 | €101,959 | €90,932 | -€11,027 | -10.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €99,459 | €88,432 | -€11,027 | -11.1% |
| Distributable reserves | 133 | €99,459 | €88,432 | -€11,027 | -11.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €5,498 | €3,978 | -€1,520 | -27.7% |
| Amounts payable within one year | 42/48 | €5,306 | €3,780 | -€1,526 | -28.8% |
| Trade debts | 44 | €1,334 | €885 | -€449 | -33.7% |
| Suppliers | 440/4 | €1,334 | €885 | -€449 | -33.7% |
| Taxes, remuneration and social security | 45 | €3,139 | €2,036 | -€1,103 | -35.1% |
| Taxes | 450/3 | €1,889 | €2,036 | +€147 | +7.8% |
| Remuneration and social security | 454/9 | €1,250 | €0 | -€1,250 | -100% |
| Other amounts payable | 47/48 | €833 | €859 | +€26 | +3.1% |
| Accrued charges and deferred income | 492/3 | €193 | €198 | +€6 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,344 | €9,533 | -€3,812 | -28.6% |
| Other operating charges | 640/8 | €1,602 | €961 | -€640 | -40.0% |
| Gross operating margin | 9900 | -€6,778 | -€277 | +€6,501 | +95.9% |
| Operating profit (loss) | 9901 | -€21,723 | -€10,771 | +€10,953 | +50.4% |
| Financial income | 75/76B | €1,025 | €714 | -€311 | -30.4% |
| Recurring financial income | 75 | €1,025 | €714 | -€311 | -30.4% |
| Financial charges | 65/66B | €110 | €110 | +€0 | +0.4% |
| Recurring financial charges | 65 | €110 | €110 | +€0 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | -€20,809 | -€10,168 | +€10,641 | +51.1% |
| Profit (loss) for the period | 9904 | -€20,809 | -€10,168 | +€10,641 | +51.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,809 | -€10,168 | +€10,641 | +51.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.