SNOEPHUIS: 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.
SNOEPHUIS
Largest movements
- Cash -€50,056
down €50,056 (-16.1%), from €311,739 to €261,684
mainly Net result for the year (-€44,641) and Tax, wage and social debts (-€8,511)
- Stocks and contracts -€7,623
no longer reported in 2025 (was €7,623)
- Tangible fixed assets -€4,432
down €4,432 (-6.5%), from €67,702 to €63,270
- Profit (loss) carried forward -€44,641
new in 2025: -€44,641
- Tax, wage and social debts -€8,511
down €8,511 (-77.7%), from €10,948 to €2,437
of which Remuneration and social security: -€9,036
- Trade debts -€6,958
down €6,958 (-58.7%), from €11,844 to €4,886
- Gross operating margin -€106,437
down €106,437 (-87.1%), from €122,183 to €15,747
- Taxes -€22,035
down €22,035 (-99.4%), from €22,176 to €141
- Staff costs +€14,812
up €14,812 (+41.3%), from €35,858 to €50,670
- Financial income -€3,875
no longer reported in 2025 (was €3,875)
- Other operating charges -€2,768
down €2,768 (-47.9%), from €5,776 to €3,009
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 | €390,655 | €327,365 | -€63,291 | -16.2% |
| Fixed assets | 21/28 | €67,702 | €63,270 | -€4,432 | -6.5% |
| Tangible fixed assets | 22/27 | €67,702 | €63,270 | -€4,432 | -6.5% |
| Land and buildings | 22 | €67,702 | €63,270 | -€4,432 | -6.5% |
| Current assets | 29/58 | €322,953 | €264,095 | -€58,859 | -18.2% |
| Stocks and contracts in progress | 3 | €7,623 | - | -€7,623 | |
| Stocks | 30/36 | €7,623 | - | -€7,623 | |
| Amounts receivable within one year | 40/41 | €1,274 | €317 | -€957 | -75.1% |
| Trade receivables | 40 | €489 | - | -€489 | |
| Other amounts receivable | 41 | €785 | €317 | -€468 | -59.6% |
| Cash at bank and in hand | 54/58 | €311,739 | €261,684 | -€50,056 | -16.1% |
| Deferred charges and accrued income | 490/1 | €2,317 | €2,094 | -€223 | -9.6% |
| Total equity and liabilities | 10/49 | €390,655 | €327,365 | -€63,291 | -16.2% |
| Equity | 10/15 | €363,410 | €318,769 | -€44,641 | -12.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €301,910 | €301,910 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €295,760 | €295,760 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€44,641 | -€44,641 | |
| Amounts payable | 17/49 | €27,245 | €8,595 | -€18,650 | -68.5% |
| Amounts payable within one year | 42/48 | €27,245 | €8,595 | -€18,650 | -68.5% |
| Trade debts | 44 | €11,844 | €4,886 | -€6,958 | -58.7% |
| Suppliers | 440/4 | €11,844 | €4,886 | -€6,958 | -58.7% |
| Taxes, remuneration and social security | 45 | €10,948 | €2,437 | -€8,511 | -77.7% |
| Taxes | 450/3 | €1,912 | €2,437 | +€526 | +27.5% |
| Remuneration and social security | 454/9 | €9,036 | - | -€9,036 | |
| Other amounts payable | 47/48 | €4,453 | €1,272 | -€3,182 | -71.4% |
| Non-recurring operating income | 76A | €2,500 | - | -€2,500 | |
| Remuneration, social security and pensions | 62 | €35,858 | €50,670 | +€14,812 | +41.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,432 | €4,432 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,596 | +€1,596 | |
| Other operating charges | 640/8 | €5,776 | €3,009 | -€2,768 | -47.9% |
| Gross operating margin | 9900 | €122,183 | €15,747 | -€106,437 | -87.1% |
| Operating profit (loss) | 9901 | €76,116 | -€43,960 | -€120,077 | |
| Financial income | 75/76B | €3,875 | - | -€3,875 | |
| Recurring financial income | 75 | €3,875 | - | -€3,875 | |
| Financial charges | 65/66B | €791 | €539 | -€253 | -31.9% |
| Recurring financial charges | 65 | €791 | €539 | -€253 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €79,200 | -€44,499 | -€123,699 | |
| Income taxes | 67/77 | €22,176 | €141 | -€22,035 | -99.4% |
| Profit (loss) for the period | 9904 | €57,024 | -€44,641 | -€101,664 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,024 | -€44,641 | -€101,664 |
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 25 October 2026 via checked.be.