SNOECKX: 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.
SNOECKX
Largest movements
- Receivables within one year +€154,801
up €154,801 (+81.8%), from €189,178 to €343,979
of which Trade receivables: +€114,037
- Stocks and contracts +€62,882
up €62,882 (+132%), from €47,737 to €110,619
- Tangible fixed assets +€51,208
up €51,208 (+11.6%), from €440,188 to €491,395
of which Land and buildings: +€48,593
- Current investments -€50,000
down €50,000 (-20.0%), from €250,000 to €200,000
- Cash -€27,881
down €27,881 (-28.3%), from €98,692 to €70,811
mainly Receivables within one year (-€154,801) and Investment in fixed assets (net) (-€98,520)
- Trade debts +€177,476
up €177,476 (+816%), from €21,740 to €199,216
- Reserves +€31,619
up €31,619 (+9.6%), from €328,159 to €359,778
of which Distributable reserves: +€32,572
- Debts after one year -€15,085
down €15,085 (-2.9%), from €513,688 to €498,604
of which Other amounts payable: -€15,085
- Financial charges -€9,499
down €9,499 (-22.1%), from €42,921 to €33,421
- Depreciation +€7,201
up €7,201 (+18.0%), from €40,112 to €47,312
- Other operating charges +€5,707
up €5,707 (+28.0%), from €20,403 to €26,110
- Taxes -€2,380
down €2,380 (-11.6%), from €20,560 to €18,180
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 | €1,028,188 | €1,219,772 | +€191,585 | +18.6% |
| Fixed assets | 21/28 | €440,188 | €491,395 | +€51,208 | +11.6% |
| Tangible fixed assets | 22/27 | €440,188 | €491,395 | +€51,208 | +11.6% |
| Land and buildings | 22 | €404,655 | €453,247 | +€48,593 | +12.0% |
| Plant, machinery and equipment | 23 | €13,617 | €12,810 | -€807 | -5.9% |
| Furniture and vehicles | 24 | €16,067 | €21,313 | +€5,246 | +32.7% |
| Other tangible fixed assets | 26 | €5,848 | €4,024 | -€1,824 | -31.2% |
| Current assets | 29/58 | €588,000 | €728,377 | +€140,377 | +23.9% |
| Stocks and contracts in progress | 3 | €47,737 | €110,619 | +€62,882 | +132% |
| Stocks | 30/36 | €47,737 | €110,619 | +€62,882 | +132% |
| Amounts receivable within one year | 40/41 | €189,178 | €343,979 | +€154,801 | +81.8% |
| Trade receivables | 40 | €172,951 | €286,987 | +€114,037 | +65.9% |
| Other amounts receivable | 41 | €16,227 | €56,992 | +€40,765 | +251% |
| Current investments | 50/53 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Cash at bank and in hand | 54/58 | €98,692 | €70,811 | -€27,881 | -28.3% |
| Deferred charges and accrued income | 490/1 | €2,393 | €2,968 | +€575 | +24.0% |
| Total equity and liabilities | 10/49 | €1,028,188 | €1,219,772 | +€191,585 | +18.6% |
| Equity | 10/15 | €452,106 | €483,725 | +€31,619 | +7.0% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €328,159 | €359,778 | +€31,619 | +9.6% |
| Non-distributable reserves | 130/1 | €17,878 | €17,878 | = | 0.0% |
| Legal reserve | 130 | €16,811 | €16,811 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,067 | €1,067 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,058 | €2,104 | -€954 | -31.2% |
| Distributable reserves | 133 | €307,224 | €339,796 | +€32,572 | +10.6% |
| Provisions and deferred taxes | 16 | €1,575 | €1,084 | -€491 | -31.2% |
| Deferred taxes | 168 | €1,575 | €1,084 | -€491 | -31.2% |
| Amounts payable | 17/49 | €574,507 | €734,964 | +€160,457 | +27.9% |
| Amounts payable after more than one year | 17 | €513,688 | €498,604 | -€15,085 | -2.9% |
| Financial debts | 170/4 | €410,000 | €410,000 | = | 0.0% |
| Other amounts payable | 178/9 | €103,688 | €88,604 | -€15,085 | -14.5% |
| Amounts payable within one year | 42/48 | €58,401 | €236,360 | +€177,960 | +305% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €31 | €0 | -€31 | -100% |
| Credit institutions | 430/8 | €31 | €0 | -€31 | -100% |
| Trade debts | 44 | €21,740 | €199,216 | +€177,476 | +816% |
| Suppliers | 440/4 | €21,740 | €199,216 | +€177,476 | +816% |
| Advances received on contracts in progress | 46 | - | €7,010 | +€7,010 | |
| Taxes, remuneration and social security | 45 | €20,590 | €18,684 | -€1,906 | -9.3% |
| Taxes | 450/3 | €18,409 | €17,109 | -€1,300 | -7.1% |
| Remuneration and social security | 454/9 | €2,181 | €1,575 | -€606 | -27.8% |
| Other amounts payable | 47/48 | €16,040 | €11,450 | -€4,590 | -28.6% |
| Accrued charges and deferred income | 492/3 | €2,418 | €0 | -€2,418 | -100% |
| Remuneration, social security and pensions | 62 | €14,068 | €15,347 | +€1,279 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,112 | €47,312 | +€7,201 | +18.0% |
| Other operating charges | 640/8 | €20,403 | €26,110 | +€5,707 | +28.0% |
| Gross operating margin | 9900 | €165,776 | €165,746 | -€30 | 0.0% |
| Operating profit (loss) | 9901 | €91,193 | €76,977 | -€14,216 | -15.6% |
| Financial income | 75/76B | €7,331 | €5,752 | -€1,578 | -21.5% |
| Recurring financial income | 75 | €7,331 | €5,752 | -€1,578 | -21.5% |
| Financial charges | 65/66B | €42,921 | €33,421 | -€9,499 | -22.1% |
| Recurring financial charges | 65 | €42,921 | €33,421 | -€9,499 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €55,603 | €49,307 | -€6,296 | -11.3% |
| Transfer from deferred taxes | 780 | €829 | €491 | -€338 | -40.8% |
| Income taxes | 67/77 | €20,560 | €18,180 | -€2,380 | -11.6% |
| Profit (loss) for the period | 9904 | €35,872 | €31,619 | -€4,253 | -11.9% |
| Transfer from tax-exempt reserves | 789 | €1,610 | €954 | -€657 | -40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,482 | €32,572 | -€4,910 | -13.1% |
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 16 October 2026 via checked.be.