Snoekx: what changed
What changed
Snoekx
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€67,517
31-12-2024 · €120,577-€53,060
Equity
€1.1m
31-12-2024 · €1.0m+€67,517
Cash
€0
31-12-2024 · €22,617-€22,617
Balance sheet total
€4.0m
31-12-2024 · €3.2m+€771,877
Largest movements
Assets
- Stocks and contracts +€444,625
up €444,625 (+34.3%), from €1.3m to €1.7m
of which Contracts in progress: +€348,779
- Receivables within one year +€338,571
up €338,571 (+53.4%), from €634,603 to €973,174
of which Trade receivables: +€290,472
Equity and liabilities
- Trade debts +€522,136
up €522,136 (+165%), from €317,377 to €839,513
- Debts after one year +€197,930
up €197,930 (+29.1%), from €680,356 to €878,286
- Other debts -€160,000
down €160,000 (-100%), from €160,000 to €0
- Current portion of long-term debt +€130,243
up €130,243 (+82.6%), from €157,739 to €287,982
- Reserves +€67,500
up €67,500 (+6.7%), from €1.0m to €1.1m
Income statement
- Staff costs +€147,473
up €147,473 (+17.3%), from €851,179 to €998,653
- Financial income +€65,397
up €65,397 (+185%), from €35,344 to €100,741
- Gross operating margin +€56,188
up €56,188 (+4.1%), from €1.4m to €1.4m
- Depreciation +€38,169
up €38,169 (+12.5%), from €306,226 to €344,395
- Taxes -€17,483
down €17,483 (-47.2%), from €37,054 to €19,571
Change in the result, 31-12-2024 to 31-12-2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 31-12-2024
€120,577
Gross operating margin
+€56,188
Staff costs
-€147,473
Depreciation
-€38,169
Write-downs
-€744
Other operating charges
+€747
Other operating items
-€70
Financial income
+€65,397
Financial charges
-€6,418
Taxes
+€17,483
Result 31-12-2025
€67,517
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€31,071
Investment
-€344,927
Financing
+€291,239
Cash 31-12-2024
€22,617
From operations (derived)
+€31,071
Net result for the year
+€67,517
Depreciation
+€344,395
Stocks and contracts
-€444,625
Receivables within one year
-€338,571
Deferred charges and accrued income
-€10,766
Trade debts
+€522,136
Tax, wage and social debts
+€58,797
Other debts
-€160,000
Accrued charges and deferred income
-€7,812
Investment (derived)
-€344,927
Investment in fixed assets (net)
-€344,927
Financing
+€291,239
Debts after one year
+€197,930
Current portion of long-term debt
+€130,243
Short-term financial debts
-€36,934
Cash 31-12-2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,248,579 | €4,020,456 | +€771,877 | +23.8% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €1,244,094 | €1,244,626 | +€533 | 0.0% |
| Intangible fixed assets | 21 | €1,685 | €0 | -€1,685 | -100% |
| Tangible fixed assets | 22/27 | €1,240,513 | €1,243,876 | +€3,364 | +0.3% |
| Land and buildings | 22 | €327,061 | €363,219 | +€36,158 | +11.1% |
| Plant, machinery and equipment | 23 | €200,095 | €247,849 | +€47,754 | +23.9% |
| Furniture and vehicles | 24 | €329,063 | €389,780 | +€60,718 | +18.5% |
| Leasing and similar rights | 25 | €355,353 | €243,028 | -€112,325 | -31.6% |
| Other tangible fixed assets | 26 | €28,942 | - | -€28,942 | |
| Financial fixed assets | 28 | €1,896 | €750 | -€1,146 | -60.4% |
| Current assets | 29/58 | €2,004,485 | €2,775,830 | +€771,344 | +38.5% |
| Stocks and contracts in progress | 3 | €1,297,144 | €1,741,769 | +€444,625 | +34.3% |
| Stocks | 30/36 | €1,071,500 | €1,167,346 | +€95,846 | +8.9% |
| Contracts in progress | 37 | €225,644 | €574,423 | +€348,779 | +155% |
| Amounts receivable within one year | 40/41 | €634,603 | €973,174 | +€338,571 | +53.4% |
| Trade receivables | 40 | €456,860 | €747,332 | +€290,472 | +63.6% |
| Other amounts receivable | 41 | €177,743 | €225,842 | +€48,098 | +27.1% |
| Cash at bank and in hand | 54/58 | €22,617 | €0 | -€22,617 | -100% |
| Deferred charges and accrued income | 490/1 | €50,121 | €60,887 | +€10,766 | +21.5% |
| Total equity and liabilities | 10/49 | €3,248,579 | €4,020,456 | +€771,877 | +23.8% |
| Equity | 10/15 | €1,028,397 | €1,095,914 | +€67,517 | +6.6% |
| Contributions | 10/11 | €25,600 | €25,600 | = | 0.0% |
| Reserves | 13 | €1,002,600 | €1,070,100 | +€67,500 | +6.7% |
| Distributable reserves | 133 | €1,002,600 | €1,070,100 | +€67,500 | +6.7% |
| Profit (loss) carried forward | 14 | €197 | €214 | +€17 | +8.6% |
| Amounts payable | 17/49 | €2,220,182 | €2,924,542 | +€704,360 | +31.7% |
| Amounts payable after more than one year | 17 | €680,356 | €878,286 | +€197,930 | +29.1% |
| Financial debts | 170/4 | €680,356 | €878,286 | +€197,930 | +29.1% |
| Amounts payable within one year | 42/48 | €1,518,043 | €2,032,285 | +€514,242 | +33.9% |
| Current portion of amounts payable after more than one year | 42 | €157,739 | €287,982 | +€130,243 | +82.6% |
| Financial debts | 43 | €800,685 | €763,751 | -€36,934 | -4.6% |
| Credit institutions | 430/8 | €800,685 | €763,751 | -€36,934 | -4.6% |
| Trade debts | 44 | €317,377 | €839,513 | +€522,136 | +165% |
| Suppliers | 440/4 | €317,377 | €839,513 | +€522,136 | +165% |
| Taxes, remuneration and social security | 45 | €82,242 | €141,039 | +€58,797 | +71.5% |
| Taxes | 450/3 | - | €19,400 | +€19,400 | |
| Remuneration and social security | 454/9 | €82,242 | €121,639 | +€39,397 | +47.9% |
| Other amounts payable | 47/48 | €160,000 | €0 | -€160,000 | -100% |
| Accrued charges and deferred income | 492/3 | €21,783 | €13,971 | -€7,812 | -35.9% |
| Remuneration, social security and pensions | 62 | €851,179 | €998,653 | +€147,473 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €306,226 | €344,395 | +€38,169 | +12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €744 | +€744 | |
| Other operating charges | 640/8 | €8,224 | €7,477 | -€747 | -9.1% |
| Non-recurring operating charges | 66A | - | €70 | +€70 | |
| Gross operating margin | 9900 | €1,365,784 | €1,421,972 | +€56,188 | +4.1% |
| Operating profit (loss) | 9901 | €200,155 | €70,634 | -€129,522 | -64.7% |
| Financial income | 75/76B | €35,344 | €100,741 | +€65,397 | +185% |
| Recurring financial income | 75 | €35,344 | €100,741 | +€65,397 | +185% |
| Financial charges | 65/66B | €77,868 | €84,286 | +€6,418 | +8.2% |
| Recurring financial charges | 65 | €77,868 | €84,286 | +€6,418 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €157,631 | €87,088 | -€70,543 | -44.8% |
| Income taxes | 67/77 | €37,054 | €19,571 | -€17,483 | -47.2% |
| Profit (loss) for the period | 9904 | €120,577 | €67,517 | -€53,060 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €120,577 | €67,517 | -€53,060 | -44.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.